CHE (Chemed) Cyclically Adjusted PS Ratio: 3.34 (As of Aug. 21, 2026) — 16% Below Median

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CHE Chemed Corp CHE
89 GF Score
Price $534.88
GF Value $678.19
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Chemed Cyclically Adjusted PS Ratio?

Chemed CHE -0.15% 89 Cyclically Adjusted PS Ratio is 3.34 as of Aug. 21, 2026, which is 16% below its 10-year median of 3.98. GuruFocus rates CHE with a GF Score™ of 89/100 and a GF Value™ of $678.19 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 358 Healthcare Providers & Services companies, Chemed ranks worse than 80.45% on this metric.

As of today (2026-08-21), Chemed's current share price is $534.88. Chemed's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $159.96. Chemed's Cyclically Adjusted PS Ratio for today is 3.34.

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

CHE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.88   Med: 3.98   Max: 5.5
Current: 3.34

During the past years, Chemed's highest Cyclically Adjusted PS Ratio was 5.50. The lowest was 1.88. And the median was 3.98.

CHE's Cyclically Adjusted PS Ratio is ranked worse than
80.45% of 358 companies
in the Healthcare Providers & Services industry
Industry Median: 1.195 vs CHE: 3.34

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.

Chemed's adjusted revenue per share data for the three months ended in Jun. 2026 was $51.008. 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 $159.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chemed  (NYSE:CHE) 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.


Chemed Cyclically Adjusted PS Ratio Related Terms


Chemed Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chemed'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.

Chemed Cyclically Adjusted PS Ratio Chart

Chemed 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 4.71 4.11 4.38 3.72 2.82

Chemed 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 3.28 2.97 2.82 2.42 2.91

CHE vs PACS, LFST, UHS: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, Chemed'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.


Chemed Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

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

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


CHE
89GF Score
Chemed Corp CHE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chemed 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=534.88/159.96
=3.34

* 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.

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

For example, Chemed'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)
=51.008/333.9520*333.9520
=51.008

Current CPI (Jun. 2026) = 333.9520.

Chemed Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 23.710 241.428 32.797
201612 24.301 241.432 33.613
201703 24.157 243.801 33.090
201706 25.925 244.955 35.344
201709 25.033 246.819 33.870
201712 25.682 246.524 34.790
201803 26.007 249.554 34.802
201806 26.281 251.989 34.829
201809 26.482 252.439 35.033
201812 27.360 251.233 36.368
201903 27.960 254.202 36.732
201906 28.791 256.143 37.537
201909 29.031 256.759 37.759
201912 31.530 256.974 40.975
202003 31.230 258.115 40.406
202006 30.672 257.797 39.733
202009 32.266 260.280 41.399
202012 32.647 260.474 41.857
202103 32.334 264.877 40.766
202106 33.057 271.696 40.632
202109 34.002 274.310 41.395
202112 34.895 278.802 41.798
202203 34.923 287.504 40.565
202206 35.159 296.311 39.625
202209 35.000 296.808 39.380
202212 36.313 296.797 40.859
202303 37.072 301.836 41.017
202306 36.390 305.109 39.830
202309 37.140 307.789 40.297
202312 38.380 306.746 41.784
202403 38.414 312.332 41.073
202406 39.072 314.175 41.532
202409 39.964 315.301 42.328
202412 42.709 315.605 45.192
202503 43.819 319.799 45.758
202506 42.087 322.561 43.573
202509 43.369 324.800 44.591
202512 45.709 324.054 47.105
202603 48.029 330.213 48.573
202606 51.008 333.952 51.008

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 3.34 mean?
Chemed (CHE) has a Cyclically Adjusted PS Ratio of 3.34 as of Aug. 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 Chemed and its competitors. This is 16% below median its historical median of 3.98. Over the past decade, Chemed's Cyclically Adjusted PS Ratio has ranged from 1.88 to 5.50. According to the industry distribution chart, Chemed ranks #288 out of 358 companies in the Healthcare Providers & Services industry, placing it in the top 80.4%.
Is Chemed's Cyclically Adjusted PS Ratio too high?
Chemed's current Cyclically Adjusted PS Ratio of 3.34 is 16% below median its 10-year median of 3.98. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 5.50. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.20. Chemed's value of 3.34 is 179.5% above this industry median. Based on the distribution chart, Chemed ranks #288 out of 358 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Chemed has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chemed's Cyclically Adjusted PS Ratio compare to PACS and LFST?
According to the Healthcare Providers & Services industry distribution chart, Chemed ranks #288 out of 358 companies for Cyclically Adjusted PS Ratio. This places Chemed in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.20. Chemed's value of 3.34 is 179.5% above this benchmark. Historically, Chemed's own Cyclically Adjusted PS Ratio has ranged from 1.88 to 5.50 over the past decade. While the company's 10-year median is 3.98 vs. the industry median of 1.20, Chemed 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PS Ratio among Healthcare Providers & Services companies is 1.20, based on 358 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. Chemed's current Cyclically Adjusted PS Ratio of 3.34 is 179.5% 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 Chemed and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemed's current Cyclically Adjusted PS Ratio is 3.34, which is 16% below median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemed stock overvalued right now?
Based on GuruFocus' analysis, Chemed (CHE) is currently considered Modestly Undervalued. The stock's GF Value™ is $678.19, compared to a current price of $534.88 — trading 21.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.34, which is 16% below median its 10-year median of 3.98 and 179.5% above the Healthcare Providers & Services industry median of 1.20. Chemed's overall GF Score™ is 89/100 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 Chemed (CHE), the current Cyclically Adjusted PS Ratio is 3.34 as of Aug. 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 Chemed (CHE) Overvalued in 2026?

Based on GuruFocus' analysis, Chemed stock appears to be undervalued. The current stock price of $534.88 is trading 21.1% below its estimated GF Value™ of $678.19. GuruFocus considers Chemed to be Modestly Undervalued.

Key valuation signals for CHE:

  • Cyclically Adjusted PS Ratio: 3.34 (16% below median its 10-year median of 3.98)
  • GF Value™: $678.19 vs. price of $534.88 (21.1% below fair value)
  • GF Score™: 89/100 with 8 warning signs
  • Industry Position: 179.5% above the Healthcare Providers & Services median (#288 of 358)

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


Chemed Business Description

Other Exchanges CXM:Germany
Address 255 East Fifth Street, Suite 2600, Cincinnati, OH, USA, 45202-4726
Chemed Corp purchases, operates, and divests subsidiaries engaged in diverse business activities to maximize shareholder value. The company operates in the following segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue and provides hospice and palliative care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers.
89GF Score

Get the complete analysis for CHE

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

$534.88
Price
$678.19
GF Value