DHC (Diversified Healthcare Trust) Cyclically Adjusted PS Ratio: 1.41 (As of Jul. 06, 2026) — 70% Above Median


DHC Diversified Healthcare Trust DHC
55 GF Score
Price $9.23
GF Value $3.20
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Diversified Healthcare Trust Cyclically Adjusted PS Ratio?

Diversified Healthcare Trust DHC -0.05% 55 Cyclically Adjusted PS Ratio is 1.41 as of Jul. 06, 2026, which is 70% above its 10-year median of 0.83. GuruFocus rates DHC with a GF Score™ of 55/100 and a GF Value™ of $3.20 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 556 REITs companies, Diversified Healthcare Trust ranks better than 90.11% on this metric.

As of today (2026-07-06), Diversified Healthcare Trust's current share price is $9.23. Diversified Healthcare Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $6.54. Diversified Healthcare Trust's Cyclically Adjusted PS Ratio for today is 1.41.

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

DHC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.83   Max: 6.61
Current: 1.41

During the past years, Diversified Healthcare Trust's highest Cyclically Adjusted PS Ratio was 6.61. The lowest was 0.11. And the median was 0.83.

DHC's Cyclically Adjusted PS Ratio is ranked better than
90.11% of 556 companies
in the REITs industry
Industry Median: 5.905 vs DHC: 1.41

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.

Diversified Healthcare Trust's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.523. 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 $6.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diversified Healthcare Trust  (NAS:DHC) 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.


Diversified Healthcare Trust Cyclically Adjusted PS Ratio Related Terms


Diversified Healthcare Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Diversified Healthcare Trust'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.

Diversified Healthcare Trust Cyclically Adjusted PS Ratio Chart

Diversified Healthcare Trust 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 0.58 0.11 0.63 0.37 0.76

Diversified Healthcare Trust 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 0.38 0.56 0.69 0.76 1.02

DHC vs LTC, MPT, SILA: Cyclically Adjusted PS Ratio Comparison

For the REIT - Healthcare Facilities subindustry, Diversified Healthcare Trust'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.


Diversified Healthcare Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

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


DHC
55GF Score
Diversified Healthcare Trust DHC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Diversified Healthcare Trust 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.

Diversified Healthcare Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.23/6.54
=1.41

* 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.

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

For example, Diversified Healthcare Trust'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)
=1.523/330.2130*330.2130
=1.523

Current CPI (Mar. 2026) = 330.2130.

Diversified Healthcare Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.101 241.018 1.508
201609 1.112 241.428 1.521
201612 1.155 241.432 1.580
201703 1.114 243.801 1.509
201706 1.116 244.955 1.504
201709 1.123 246.819 1.502
201712 1.173 246.524 1.571
201803 1.161 249.554 1.536
201806 1.167 251.989 1.529
201809 1.174 252.439 1.536
201812 1.200 251.233 1.577
201903 1.121 254.202 1.456
201906 1.103 256.143 1.422
201909 1.077 256.759 1.385
201912 1.077 256.974 1.384
202003 1.862 258.115 2.382
202006 1.726 257.797 2.211
202009 1.659 260.280 2.105
202012 1.618 260.474 2.051
202103 1.525 264.877 1.901
202106 1.456 271.696 1.770
202109 1.418 274.310 1.707
202112 1.414 278.802 1.675
202203 1.305 287.504 1.499
202206 1.314 296.311 1.464
202209 1.355 296.808 1.508
202212 1.412 296.797 1.571
202303 1.450 301.836 1.586
202306 1.451 305.109 1.570
202309 1.492 307.789 1.601
202312 1.512 306.746 1.628
202403 1.550 312.332 1.639
202406 1.552 314.175 1.631
202409 1.559 315.301 1.633
202412 1.582 315.605 1.655
202503 1.612 319.799 1.664
202506 1.594 322.561 1.632
202509 1.617 324.800 1.644
202512 1.577 324.054 1.607
202603 1.523 330.213 1.523

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 1.41 mean?
Diversified Healthcare Trust (DHC) has a Cyclically Adjusted PS Ratio of 1.41 as of Jul. 06, 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 Diversified Healthcare Trust and its competitors. This is 70% above median its historical median of 0.83. Over the past decade, Diversified Healthcare Trust's Cyclically Adjusted PS Ratio has ranged from 0.11 to 6.61. According to the industry distribution chart, Diversified Healthcare Trust ranks #55 out of 556 companies in the REITs industry, placing it in the top 9.9%.
Is Diversified Healthcare Trust's Cyclically Adjusted PS Ratio too high?
Diversified Healthcare Trust's current Cyclically Adjusted PS Ratio of 1.41 is 70% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 6.61. The REITs industry median Cyclically Adjusted PS Ratio is 5.91. Diversified Healthcare Trust's value of 1.41 is 76.1% below this industry median. Based on the distribution chart, Diversified Healthcare Trust ranks #55 out of 556 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Diversified Healthcare Trust has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Diversified Healthcare Trust's Cyclically Adjusted PS Ratio compare to LTC and MPT?
According to the REITs industry distribution chart, Diversified Healthcare Trust ranks #55 out of 556 companies for Cyclically Adjusted PS Ratio. This places Diversified Healthcare Trust in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.91. Diversified Healthcare Trust's value of 1.41 is 76.1% below this benchmark. Historically, Diversified Healthcare Trust's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 6.61 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 5.91, Diversified Healthcare Trust 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 REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.91, based on 556 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. Diversified Healthcare Trust's current Cyclically Adjusted PS Ratio of 1.41 is 76.1% 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 Diversified Healthcare Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diversified Healthcare Trust's current Cyclically Adjusted PS Ratio is 1.41, which is 70% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diversified Healthcare Trust stock overvalued right now?
Based on GuruFocus' analysis, Diversified Healthcare Trust (DHC) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.20, compared to a current price of $9.23 — trading 188.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.41, which is 70% above median its 10-year median of 0.83 and 76.1% below the REITs industry median of 5.91. Diversified Healthcare Trust's overall GF Score™ is 55/100 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 Diversified Healthcare Trust (DHC), the current Cyclically Adjusted PS Ratio is 1.41 as of Jul. 06, 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 Diversified Healthcare Trust (DHC) Overvalued in 2026?

Based on GuruFocus' analysis, Diversified Healthcare Trust stock appears to be overvalued. The current stock price of $9.23 is trading 188.4% above its estimated GF Value™ of $3.20. GuruFocus considers Diversified Healthcare Trust to be Significantly Overvalued.

Key valuation signals for DHC:

  • Cyclically Adjusted PS Ratio: 1.41 (70% above median its 10-year median of 0.83)
  • GF Value™: $3.20 vs. price of $9.23 (188.4% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 76.1% below the REITs median (#55 of 556)

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


Diversified Healthcare Trust Business Description

Industry Real EstateREITs
Other Exchanges SNF:Germany
Address 255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
Diversified Healthcare Trust is a real estate investment trust that focuses on healthcare-related properties, including life science estates, medical offices, and senior living communities. It acquires and owns properties and is engaged in the development and implementation of medical services and technologies. The company has two reportable segments: SHOP (Senior Housing Operating Portfolio) and Medical Office and Life Science Portfolio. The SHOP segment includes managed senior living communities providing residential living and care services. The Medical Office and Life Science Portfolio segment consists of properties leased to medical providers and biotechnology laboratories. It generates the majority of its revenue from the SHOP segment.
55GF Score

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

$9.23
Price
$3.20
GF Value