HCA Healthcare (BSP:H1CA34) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:H1CA34 HCA Healthcare Inc BSP:H1CA34
88 GF Score
Price R$110.35
GF Value R$118.23
Valuation Fairly Valued
! 2 Warning Signs
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What is HCA Healthcare Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


HCA Healthcare  (BSP:H1CA34) 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.


HCA Healthcare Cyclically Adjusted PS Ratio Related Terms


HCA Healthcare Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for HCA Healthcare'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.

HCA Healthcare Cyclically Adjusted PS Ratio Chart

HCA Healthcare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 2.12 1.84 2.17 2.58

HCA Healthcare Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.14 2.30 2.56 2.56 1.82

BSP:H1CA34 vs THC, EHC, DVA: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, HCA Healthcare'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.


HCA Healthcare Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HCA Healthcare's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where HCA Healthcare's Cyclically Adjusted PS Ratio falls into.


BSP:H1CA34
88GF Score
HCA Healthcare Inc BSP:H1CA34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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HCA Healthcare 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.

HCA Healthcare's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, HCA Healthcare's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=22.939/333.9520*333.9520
=22.939

Current CPI (Jun. 2026) = 333.9520.

HCA Healthcare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.277 241.428 5.916
201612 4.561 241.432 6.309
201703 4.394 243.801 6.019
201706 4.595 244.955 6.264
201709 4.580 246.819 6.197
201712 5.158 246.524 6.987
201803 5.154 249.554 6.897
201806 5.851 251.989 7.754
201809 6.391 252.439 8.455
201812 6.622 251.233 8.802
201903 6.731 254.202 8.843
201906 7.091 256.143 9.245
201909 7.249 256.759 9.428
201912 8.026 256.974 10.430
202003 8.343 258.115 10.794
202006 8.708 257.797 11.280
202009 10.426 260.280 13.377
202012 11.172 260.474 14.324
202103 11.154 264.877 14.063
202106 11.504 271.696 14.140
202109 12.321 274.310 15.000
202112 13.340 278.802 15.979
202203 12.706 287.504 14.759
202206 12.320 296.311 13.885
202209 13.546 296.808 15.241
202212 14.263 296.797 16.049
202303 14.406 301.836 15.939
202306 14.126 305.109 15.461
202309 14.367 307.789 15.588
202312 15.813 306.746 17.215
202403 16.017 312.332 17.126
202406 17.255 314.175 18.341
202409 18.655 315.301 19.758
202412 20.905 315.605 22.120
202503 21.476 319.799 22.426
202506 21.795 322.561 22.565
202509 22.103 324.800 22.726
202512 22.815 324.054 23.512
202603 22.158 330.213 22.409
202606 22.939 333.952 22.939

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.

Is HCA Healthcare (BSP:H1CA34) Overvalued in 2026?

Based on GuruFocus' analysis, HCA Healthcare stock appears to be undervalued. The current stock price of R$110.35 is trading 6.7% below its estimated GF Value™ of R$118.23. GuruFocus considers HCA Healthcare to be Fairly Valued.

Key valuation signals for BSP:H1CA34:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$118.23 vs. price of R$110.35 (6.7% below fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the BSP:H1CA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HCA Healthcare Business Description

Address One Park Plaza, Nashville, TN, USA, 37203
HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2025, the firm owned and operated 190 hospitals and over 2,500 outpatient facillities across 19 states and a small foothold in the United Kingdom.
88GF Score

Get the complete analysis for BSP:H1CA34

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$110.35
Price
R$118.23
GF Value