United Therapeutics (BSP:U2TH34) Cyclically Adjusted PS Ratio: 10.11 (As of Jul. 21, 2026) — 71% Above Median

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BSP:U2TH34 United Therapeutics Corp BSP:U2TH34
65 GF Score
Price R$133.00
GF Value R$98.17
Valuation Significantly Overvalued
! 7 Warning Signs
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What is United Therapeutics Cyclically Adjusted PS Ratio?

United Therapeutics BSP:U2TH34 65 Cyclically Adjusted PS Ratio is 10.11 as of Jul. 21, 2026, which is 71% above its 10-year median of 5.90. GuruFocus rates BSP:U2TH34 with a GF Score™ of 65/100 and a GF Value™ of R$98.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 751 Drug Manufacturers companies, United Therapeutics ranks worse than 91.48% on this metric.

As of today (2026-07-21), United Therapeutics's current share price is R$133.00. United Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$13.16. United Therapeutics's Cyclically Adjusted PS Ratio for today is 10.11.

The historical rank and industry rank for United Therapeutics's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:U2TH34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.88   Med: 5.9   Max: 11.59
Current: 10.55

During the past years, United Therapeutics's highest Cyclically Adjusted PS Ratio was 11.59. The lowest was 2.88. And the median was 5.90.

BSP:U2TH34's Cyclically Adjusted PS Ratio is ranked worse than
91.48% of 751 companies
in the Drug Manufacturers industry
Industry Median: 2.01 vs BSP:U2TH34: 10.55

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.

United Therapeutics's adjusted revenue per share data for the three months ended in Mar. 2026 was R$4.329. 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 R$13.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Therapeutics  (BSP:U2TH34) 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.


United Therapeutics Cyclically Adjusted PS Ratio Related Terms


United Therapeutics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for United Therapeutics'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.

United Therapeutics Cyclically Adjusted PS Ratio Chart

United Therapeutics 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 6.31 7.27 5.30 7.78 9.90

United Therapeutics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.61 6.01 8.59 9.90 11.68

BSP:U2TH34 vs VTRS, NBIX, ZTS: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, United Therapeutics'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.


United Therapeutics Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, United Therapeutics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:U2TH34
65GF Score
United Therapeutics Corp BSP:U2TH34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Therapeutics 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.

United Therapeutics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=133.00/13.16
=10.11

* 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.

United Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, United Therapeutics's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.329/330.2130*330.2130
=4.329

Current CPI (Mar. 2026) = 330.2130.

United Therapeutics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.506 241.018 2.063
201609 1.437 241.428 1.965
201612 1.514 241.432 2.071
201703 1.262 243.801 1.709
201706 1.632 244.955 2.200
201709 1.582 246.819 2.117
201712 1.740 246.524 2.331
201803 1.454 249.554 1.924
201806 1.931 251.989 2.530
201809 1.927 252.439 2.521
201812 1.683 251.233 2.212
201903 1.593 254.202 2.069
201906 1.637 256.143 2.110
201909 1.880 256.759 2.418
201912 1.458 256.974 1.874
202003 1.974 258.115 2.525
202006 2.115 257.797 2.709
202009 2.301 260.280 2.919
202012 2.190 260.474 2.776
202103 2.302 264.877 2.870
202106 2.373 271.696 2.884
202109 2.466 274.310 2.969
202112 2.451 278.802 2.903
202203 2.409 287.504 2.767
202206 2.450 296.311 2.730
202209 2.778 296.808 3.091
202212 2.609 296.797 2.903
202303 2.662 301.836 2.912
202306 2.924 305.109 3.165
202309 3.028 307.789 3.249
202312 3.012 306.746 3.242
202403 3.395 312.332 3.589
202406 4.053 314.175 4.260
202409 4.284 315.301 4.487
202412 4.629 315.605 4.843
202503 4.706 319.799 4.859
202506 4.585 322.561 4.694
202509 4.532 324.800 4.608
202512 4.557 324.054 4.644
202603 4.329 330.213 4.329

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.

What does a Cyclically Adjusted PS Ratio of 10.11 mean?
United Therapeutics (BSP:U2TH34) has a Cyclically Adjusted PS Ratio of 10.11 as of Jul. 21, 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 United Therapeutics and its competitors. This is 71% above median its historical median of 5.90. Over the past decade, United Therapeutics' Cyclically Adjusted PS Ratio has ranged from 2.88 to 11.59. According to the industry distribution chart, United Therapeutics ranks #687 out of 751 companies in the Drug Manufacturers industry, placing it in the top 91.5%.
Is United Therapeutics' Cyclically Adjusted PS Ratio too high?
United Therapeutics' current Cyclically Adjusted PS Ratio of 10.11 is 71% above median its 10-year median of 5.90. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 11.59. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.01. United Therapeutics' value of 10.11 is 403% above this industry median. Based on the distribution chart, United Therapeutics ranks #687 out of 751 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, United Therapeutics has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Therapeutics' Cyclically Adjusted PS Ratio compare to VTRS and NBIX?
According to the Drug Manufacturers industry distribution chart, United Therapeutics ranks #687 out of 751 companies for Cyclically Adjusted PS Ratio. This places United Therapeutics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.01. United Therapeutics' value of 10.11 is 403% above this benchmark. Historically, United Therapeutics' own Cyclically Adjusted PS Ratio has ranged from 2.88 to 11.59 over the past decade. While the company's 10-year median is 5.90 vs. the industry median of 2.01, United Therapeutics has consistently been above 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.01, based on 751 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. United Therapeutics's current Cyclically Adjusted PS Ratio of 10.11 is 403% above 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 United Therapeutics and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Therapeutics's current Cyclically Adjusted PS Ratio is 10.11, which is 71% above median its own 10-year median of 5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, United Therapeutics (BSP:U2TH34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$98.17, compared to a current price of R$133.00 — trading 35.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.11, which is 71% above median its 10-year median of 5.90 and 403% above the Drug Manufacturers industry median of 2.01. United Therapeutics' overall GF Score™ is 65/100 with 7 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 United Therapeutics (BSP:U2TH34), the current Cyclically Adjusted PS Ratio is 10.11 as of Jul. 21, 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 United Therapeutics (BSP:U2TH34) Overvalued in 2026?

Based on GuruFocus' analysis, United Therapeutics stock appears to be overvalued. The current stock price of R$133.00 is trading 35.5% above its estimated GF Value™ of R$98.17. GuruFocus considers United Therapeutics to be Significantly Overvalued.

Key valuation signals for BSP:U2TH34:

  • Cyclically Adjusted PS Ratio: 10.11 (71% above median its 10-year median of 5.90)
  • GF Value™: R$98.17 vs. price of R$133.00 (35.5% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 403% above the Drug Manufacturers median (#687 of 751)

No single metric tells the full story. See the BSP:U2TH34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Therapeutics Business Description

Other Exchanges UTHR:USAUTH:Germany
Address 1000 Spring Street, Silver Spring, MD, USA, 20910
United Therapeutics Corp specializes in drug development for pulmonary arterial hypertension (PAH), a rare and progressive disease marked by abnormally high blood pressure in the arteries of the lungs. The company's therapies for PAH largely focus on the prostacyclin pathway, and many of its treatments are based on the same molecule, treprostinil. The company markets and sells the following commercial therapies in the United States to treat PAH: Tyvaso DPI (treprostinil) Inhalation Powder, Remodulin Injection, Orenitram (treprostinil) Extended-Release Tablets, Adcirca (tadalafil) Tablets, and Unituxin. It derives maximum revenue from the sale of Tyvaso DPI. Geographically, the company operates in United States and Rest of the World, of which United States generates majority of the revenue.
65GF Score

Get the complete analysis for BSP:U2TH34

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

R$133.00
Price
R$98.17
GF Value