Welltower (BSP:W1EL34) Cyclically Adjusted PS Ratio: 15.43 (As of Aug. 18, 2026) — 115% Above Median

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BSP:W1EL34 Welltower Inc BSP:W1EL34
75 GF Score
Price R$607.03
GF Value R$515.27
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Welltower Cyclically Adjusted PS Ratio?

Welltower BSP:W1EL34 +2.81% 75 Cyclically Adjusted PS Ratio is 15.43 as of Aug. 18, 2026, which is 115% above its 10-year median of 7.18. GuruFocus rates BSP:W1EL34 with a GF Score™ of 75/100 and a GF Value™ of R$515.27 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 541 REITs companies, Welltower ranks worse than 93.9% on this metric.

As of today (2026-08-18), Welltower's current share price is R$607.03. Welltower's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$39.33. Welltower's Cyclically Adjusted PS Ratio for today is 15.43.

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

BSP:W1EL34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.38   Med: 7.18   Max: 16.61
Current: 15.5

During the past years, Welltower's highest Cyclically Adjusted PS Ratio was 16.61. The lowest was 3.38. And the median was 7.18.

BSP:W1EL34's Cyclically Adjusted PS Ratio is ranked worse than
93.9% of 541 companies
in the REITs industry
Industry Median: 5.78 vs BSP:W1EL34: 15.50

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.

Welltower's adjusted revenue per share data for the three months ended in Jun. 2026 was R$12.228. 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$39.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Welltower  (BSP:W1EL34) 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.


Welltower Cyclically Adjusted PS Ratio Related Terms


Welltower Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Welltower'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.

Welltower Cyclically Adjusted PS Ratio Chart

Welltower 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 6.85 4.83 6.48 8.90 12.70

Welltower 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 10.61 12.20 12.70 13.23 14.95

BSP:W1EL34 vs VTR, OHI, DOC: Cyclically Adjusted PS Ratio Comparison

For the REIT - Healthcare Facilities subindustry, Welltower'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.


Welltower Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Welltower's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:W1EL34
75GF Score
Welltower Inc BSP:W1EL34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Welltower 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.

Welltower's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=607.03/39.33
=15.43

* 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.

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

For example, Welltower'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)
=12.228/333.9520*333.9520
=12.228

Current CPI (Jun. 2026) = 333.9520.

Welltower Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.846 241.428 6.703
201612 4.923 241.432 6.810
201703 4.538 243.801 6.216
201706 4.715 244.955 6.428
201709 4.586 246.819 6.205
201712 4.876 246.524 6.605
201803 4.805 249.554 6.430
201806 5.612 251.989 7.437
201809 6.762 252.439 8.945
201812 6.304 251.233 8.380
201903 6.172 254.202 8.108
201906 6.243 256.143 8.139
201909 6.388 256.759 8.309
201912 6.323 256.974 8.217
202003 7.435 258.115 9.619
202006 7.316 257.797 9.477
202009 6.655 260.280 8.539
202012 6.856 260.474 8.790
202103 7.032 264.877 8.866
202106 6.800 271.696 8.358
202109 7.572 274.310 9.218
202112 8.350 278.802 10.002
202203 7.688 287.504 8.930
202206 7.778 296.311 8.766
202209 8.309 296.808 9.349
202212 8.134 296.797 9.152
202303 8.175 301.836 9.045
202306 7.646 305.109 8.369
202309 7.648 307.789 8.298
202312 7.614 306.746 8.289
202403 7.892 312.332 8.438
202406 7.986 314.175 8.489
202409 9.006 315.301 9.539
202412 10.671 315.605 11.291
202503 10.518 319.799 10.983
202506 10.442 322.561 10.811
202509 10.282 324.800 10.572
202512 12.035 324.054 12.403
202603 11.902 330.213 12.037
202606 12.228 333.952 12.228

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 15.43 mean?
Welltower (BSP:W1EL34) has a Cyclically Adjusted PS Ratio of 15.43 as of Aug. 18, 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 Welltower and its competitors. This is 115% above median its historical median of 7.18. Over the past decade, Welltower's Cyclically Adjusted PS Ratio has ranged from 3.38 to 16.61. According to the industry distribution chart, Welltower ranks #508 out of 541 companies in the REITs industry, placing it in the top 93.9%.
Is Welltower's Cyclically Adjusted PS Ratio too high?
Welltower's current Cyclically Adjusted PS Ratio of 15.43 is 115% above median its 10-year median of 7.18. Over the past 10 years, this metric has ranged from a low of 3.38 to a high of 16.61. The REITs industry median Cyclically Adjusted PS Ratio is 5.78. Welltower's value of 15.43 is 167% above this industry median. Based on the distribution chart, Welltower ranks #508 out of 541 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Welltower has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Welltower's Cyclically Adjusted PS Ratio compare to VTR and OHI?
According to the REITs industry distribution chart, Welltower ranks #508 out of 541 companies for Cyclically Adjusted PS Ratio. This places Welltower in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.78. Welltower's value of 15.43 is 167% above this benchmark. Historically, Welltower's own Cyclically Adjusted PS Ratio has ranged from 3.38 to 16.61 over the past decade. While the company's 10-year median is 7.18 vs. the industry median of 5.78, Welltower 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 REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.78, based on 541 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. Welltower's current Cyclically Adjusted PS Ratio of 15.43 is 167% 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 Welltower and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Welltower's current Cyclically Adjusted PS Ratio is 15.43, which is 115% above median its own 10-year median of 7.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Welltower stock overvalued right now?
Based on GuruFocus' analysis, Welltower (BSP:W1EL34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$515.27, compared to a current price of R$607.03 — trading 17.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 15.43, which is 115% above median its 10-year median of 7.18 and 167% above the REITs industry median of 5.78. Welltower's overall GF Score™ is 75/100 with 8 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 Welltower (BSP:W1EL34), the current Cyclically Adjusted PS Ratio is 15.43 as of Aug. 18, 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 Welltower (BSP:W1EL34) Overvalued in 2026?

Based on GuruFocus' analysis, Welltower stock appears to be overvalued. The current stock price of R$607.03 is trading 17.8% above its estimated GF Value™ of R$515.27. GuruFocus considers Welltower to be Modestly Overvalued.

Key valuation signals for BSP:W1EL34:

  • Cyclically Adjusted PS Ratio: 15.43 (115% above median its 10-year median of 7.18)
  • GF Value™: R$515.27 vs. price of R$607.03 (17.8% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 167% above the REITs median (#508 of 541)

No single metric tells the full story. See the BSP:W1EL34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Welltower Business Description

Industry Real EstateREITs
Address 4500 Dorr Street, Toledo, OH, USA, 43615
Welltower owns a diversified healthcare portfolio of 2,800 in-place properties spread across the senior housing, medical office, and skilled nursing/postacute care sectors. The portfolio includes over 900 properties in Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.
75GF Score

Get the complete analysis for BSP:W1EL34

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

R$607.03
Price
R$515.27
GF Value