Ramsay Health CareASX:RHC 87 Cyclically Adjusted PS Ratio is 0.67 as of Jul. 08, 2026, which is 60% below its 10-year median of 1.68. GuruFocus rates ASX:RHC with a GF Score™ of 87/100 and a GF Value™ of A$50.79 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 359 Healthcare Providers & Services companies, Ramsay Health Care ranks better than 66.85% on this metric.
The historical rank and industry rank for Ramsay Health Care's Cyclically Adjusted PS Ratio or its related term are showing as below:
ASX:RHC'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48 Med: 1.68 Max: 3.4
Current: 0.67
During the past 13 years, Ramsay Health Care's highest Cyclically Adjusted PS Ratio was 3.40. The lowest was 0.48. And the median was 1.68.
ASX:RHC's Cyclically Adjusted PS Ratio is ranked better than 66.85% of 359
companies
in the Healthcare Providers & Services industry
Industry Median: 1.14
vs ASX:RHC: 0.67
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
Ramsay Health Care's adjusted revenue per share data of for the fiscal year that ended in Jun25 was A$77.045. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is A$64.49 for the trailing ten years ended in Jun25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Ramsay Health Care (ASX:RHC) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
Ramsay Health Care Cyclically Adjusted PS Ratio Related Terms
Ramsay Health Care Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Ramsay Health Care's Cyclically Adjusted PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ramsay Health Care Cyclically Adjusted PS Ratio Chart
ASX:RHC vs HCA, THC, DVA: Cyclically Adjusted PS Ratio Comparison
For the Medical Care Facilities subindustry, Ramsay Health Care's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ramsay Health Care Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Ramsay Health Care's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Ramsay Health Care's Cyclically Adjusted PS Ratio falls into.
Ramsay Health Care Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
Ramsay Health Care's Cyclically Adjusted PS Ratio for today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PS Ratio of 0.67 mean?
Ramsay Health Care (ASX:RHC) has a Cyclically Adjusted PS Ratio of 0.67 as of Jul. 08, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ramsay Health Care and its competitors. This is 60% below median its historical median of 1.68. Over the past decade, Ramsay Health Care's Cyclically Adjusted PS Ratio has ranged from 0.48 to 3.40. According to the industry distribution chart, Ramsay Health Care ranks #119 out of 359 companies in the Healthcare Providers & Services industry, placing it in the top 33.1%.
Is Ramsay Health Care's Cyclically Adjusted PS Ratio too high?
Ramsay Health Care's current Cyclically Adjusted PS Ratio of 0.67 is 60% below median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 3.40. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.14. Ramsay Health Care's value of 0.67 is 41.2% below this industry median. Based on the distribution chart, Ramsay Health Care ranks #119 out of 359 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Ramsay Health Care has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramsay Health Care's Cyclically Adjusted PS Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Ramsay Health Care ranks #119 out of 359 companies for Cyclically Adjusted PS Ratio. This puts Ramsay Health Care in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.14. Ramsay Health Care's value of 0.67 is 41.2% below this benchmark. Historically, Ramsay Health Care's own Cyclically Adjusted PS Ratio has ranged from 0.48 to 3.40 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 1.14, Ramsay Health Care has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Healthcare Providers & Services company?
The median Cyclically Adjusted PS Ratio among Healthcare Providers & Services companies is 1.14, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ramsay Health Care's current Cyclically Adjusted PS Ratio of 0.67 is 41.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ramsay Health Care and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramsay Health Care's current Cyclically Adjusted PS Ratio is 0.67, which is 60% below median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramsay Health Care stock overvalued right now?
Based on GuruFocus' analysis, Ramsay Health Care (ASX:RHC) is currently considered Modestly Undervalued. The stock's GF Value™ is A$50.79, compared to a current price of A$43.05 — trading 15.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.67, which is 60% below median its 10-year median of 1.68 and 41.2% below the Healthcare Providers & Services industry median of 1.14. Ramsay Health Care's overall GF Score™ is 87/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Ramsay Health Care (ASX:RHC), the current Cyclically Adjusted PS Ratio is 0.67 as of Jul. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ramsay Health Care (ASX:RHC) Overvalued in 2026?
Based on GuruFocus' analysis, Ramsay Health Care stock appears to be undervalued.
The current stock price of A$43.05 is trading 15.2% below its estimated GF Value™ of A$50.79.
GuruFocus considers Ramsay Health Care to be Modestly Undervalued.
Key valuation signals for ASX:RHC:
Cyclically Adjusted PS Ratio: 0.67 (60% below median its 10-year median of 1.68)
GF Value™: A$50.79 vs. price of A$43.05 (15.2% below fair value)
Industry Position: 41.2% below the Healthcare Providers & Services median (#119 of 359)
No single metric tells the full story. See the ASX:RHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramsay Health Care is one of the largest private healthcare providers in the world, with more than 500 sites across about eight countries. The key markets in which it operates are Australia, France, the UK, and Sweden. It is the largest private hospital group in each of these markets except for the UK, where it is the largest independent supplier to the NHS. Ramsay Santé, which operates the European regions other than the UK, is a 53%-owned subsidiary of Ramsay Health Care. The company typically earns about two-thirds of consolidated earnings in Australia. Ramsay Health Care undertakes both private and publicly funded healthcare.
87GF Score
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