DVA (DaVita) Cyclically Adjusted PS Ratio: 1.84 (As of Aug. 04, 2026) — 35% Above Median

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DVA DaVita Inc DVA
86 GF Score
Price $228.99
GF Value $175.72
Valuation Modestly Overvalued
! 6 Warning Signs
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What is DaVita Cyclically Adjusted PS Ratio?

DaVita DVA -2.01% 86 Cyclically Adjusted PS Ratio is 1.84 as of Aug. 04, 2026, which is 35% above its 10-year median of 1.36. GuruFocus rates DVA with a GF Score™ of 86/100 and a GF Value™ of $175.72 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 359 Healthcare Providers & Services companies, DaVita ranks worse than 64.62% on this metric.

As of today (2026-08-04), DaVita's current share price is $228.99. DaVita's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $124.19. DaVita's Cyclically Adjusted PS Ratio for today is 1.84.

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

DVA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.36   Max: 1.95
Current: 1.88

During the past years, DaVita's highest Cyclically Adjusted PS Ratio was 1.95. The lowest was 0.78. And the median was 1.36.

DVA's Cyclically Adjusted PS Ratio is ranked worse than
64.62% of 359 companies
in the Healthcare Providers & Services industry
Industry Median: 1.13 vs DVA: 1.88

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.

DaVita's adjusted revenue per share data for the three months ended in Mar. 2026 was $49.591. 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 $124.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DaVita  (NYSE:DVA) 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.


DaVita Cyclically Adjusted PS Ratio Related Terms


DaVita Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DaVita'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.

DaVita Cyclically Adjusted PS Ratio Chart

DaVita 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 1.52 0.87 1.10 1.43 0.95

DaVita 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 1.42 1.28 1.16 0.95 1.24

DVA vs EHC, THC, ENSG: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, DaVita'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.


DaVita Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

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

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


DVA
86GF Score
DaVita Inc DVA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DaVita 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=228.99/124.19
=1.84

* 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.

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

For example, DaVita'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)
=49.591/330.2130*330.2130
=49.591

Current CPI (Mar. 2026) = 330.2130.

DaVita Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 17.869 241.018 24.482
201609 18.026 241.428 24.655
201612 13.721 241.432 18.767
201703 13.474 243.801 18.250
201706 13.915 244.955 18.758
201709 14.446 246.819 19.327
201712 15.046 246.524 20.154
201803 15.670 249.554 20.735
201806 16.582 251.989 21.729
201809 17.023 252.439 22.268
201812 16.952 251.233 22.281
201903 16.447 254.202 21.365
201906 17.043 256.143 21.971
201909 19.195 256.759 24.686
201912 22.239 256.974 28.577
202003 22.390 258.115 28.644
202006 23.213 257.797 29.734
202009 23.590 260.280 29.928
202012 25.108 260.474 31.830
202103 24.769 264.877 30.879
202106 26.175 271.696 31.812
202109 26.751 274.310 32.203
202112 28.093 278.802 33.273
202203 28.035 287.504 32.200
202206 29.935 296.311 33.360
202209 31.617 296.808 35.175
202212 31.748 296.797 35.322
202303 31.062 301.836 33.982
202306 32.118 305.109 34.761
202309 33.191 307.789 35.609
202312 33.907 306.746 36.501
202403 33.911 312.332 35.852
202406 35.826 314.175 37.655
202409 38.039 315.301 39.838
202412 39.302 315.605 41.121
202503 39.662 319.799 40.954
202506 43.685 322.561 44.721
202509 46.364 324.800 47.137
202512 50.830 324.054 51.796
202603 49.591 330.213 49.591

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 1.84 mean?
DaVita (DVA) has a Cyclically Adjusted PS Ratio of 1.84 as of Aug. 04, 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 DaVita and its competitors. This is 35% above median its historical median of 1.36. Over the past decade, DaVita's Cyclically Adjusted PS Ratio has ranged from 0.78 to 1.95. According to the industry distribution chart, DaVita ranks #232 out of 359 companies in the Healthcare Providers & Services industry, placing it in the top 64.6%.
Is DaVita's Cyclically Adjusted PS Ratio too high?
DaVita's current Cyclically Adjusted PS Ratio of 1.84 is 35% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.95. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.13. DaVita's value of 1.84 is 62.8% above this industry median. Based on the distribution chart, DaVita ranks #232 out of 359 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, DaVita has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DaVita's Cyclically Adjusted PS Ratio compare to EHC and THC?
According to the Healthcare Providers & Services industry distribution chart, DaVita ranks #232 out of 359 companies for Cyclically Adjusted PS Ratio. This places DaVita in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.13. DaVita's value of 1.84 is 62.8% above this benchmark. Historically, DaVita's own Cyclically Adjusted PS Ratio has ranged from 0.78 to 1.95 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.13, DaVita 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 1.13, based on 359 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. DaVita's current Cyclically Adjusted PS Ratio of 1.84 is 62.8% 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 DaVita and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DaVita's current Cyclically Adjusted PS Ratio is 1.84, which is 35% above median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DaVita stock overvalued right now?
Based on GuruFocus' analysis, DaVita (DVA) is currently considered Modestly Overvalued. The stock's GF Value™ is $175.72, compared to a current price of $228.99 — trading 30.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.84, which is 35% above median its 10-year median of 1.36 and 62.8% above the Healthcare Providers & Services industry median of 1.13. DaVita's overall GF Score™ is 86/100 with 6 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 DaVita (DVA), the current Cyclically Adjusted PS Ratio is 1.84 as of Aug. 04, 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 DaVita (DVA) Overvalued in 2026?

Based on GuruFocus' analysis, DaVita stock appears to be overvalued. The current stock price of $228.99 is trading 30.3% above its estimated GF Value™ of $175.72. GuruFocus considers DaVita to be Modestly Overvalued.

Key valuation signals for DVA:

  • Cyclically Adjusted PS Ratio: 1.84 (35% above median its 10-year median of 1.36)
  • GF Value™: $175.72 vs. price of $228.99 (30.3% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 62.8% above the Healthcare Providers & Services median (#232 of 359)

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


DaVita Business Description

Address 2000 16th Street, Denver, CO, USA, 80202
DaVita is one of the largest providers of dialysis services in the United States, boasting a market share of about 35%. The firm operates over 3,200 facilities worldwide, mostly in the US, and treats about 300,000 patients annually. Government payers dominate US dialysis reimbursement. DaVita receives about two-thirds of US sales at government (primarily Medicare) reimbursement rates, with the remainder coming from commercial insurers. While commercial insurers represent only about 10% of US patients treated, they represent nearly all of the profits generated by DaVita in the US dialysis business.
86GF 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.

$228.99
Price
$175.72
GF Value