Universal Health Services (FRA:UHS) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:UHS Universal Health Services Inc FRA:UHS
82 GF Score
Price €155.00
GF Value €205.04
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Universal Health Services Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Health Services  (FRA:UHS) 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.


Universal Health Services Cyclically Adjusted PS Ratio Related Terms


Universal Health Services Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Universal Health Services'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.

Universal Health Services Cyclically Adjusted PS Ratio Chart

Universal Health Services 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 1.16 1.13 1.05 1.15 1.16

Universal Health Services 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 0.96 1.04 1.15 0.92 0.72

FRA:UHS vs ENSG, DVA, EHC: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, Universal Health Services'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.


Universal Health Services Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

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

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


FRA:UHS
82GF Score
Universal Health Services Inc FRA:UHS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Universal Health Services 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.

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

For example, Universal Health Services'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)
=66.583/333.9520*333.9520
=66.583

Current CPI (Jun. 2026) = 333.9520.

Universal Health Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 21.960 241.428 30.376
201612 23.445 241.432 32.429
201703 25.159 243.801 34.462
201706 24.460 244.955 33.347
201709 22.563 246.819 30.528
201712 23.647 246.524 32.033
201803 23.093 249.554 30.903
201806 23.870 251.989 31.634
201809 24.402 252.439 32.281
201812 26.039 251.233 34.612
201903 27.151 254.202 35.669
201906 28.475 256.143 37.125
201909 28.731 256.759 37.369
201912 29.862 256.974 38.807
202003 29.709 258.115 38.438
202006 29.142 257.797 37.751
202009 29.249 260.280 37.528
202012 30.253 260.474 38.787
202103 29.156 264.877 36.759
202106 31.003 271.696 38.107
202109 31.996 274.310 38.953
202112 35.964 278.802 43.078
202203 38.602 287.504 44.838
202206 41.895 296.311 47.217
202209 45.331 296.808 51.004
202212 47.099 296.797 52.995
202303 45.208 301.836 50.018
202306 46.021 305.109 50.372
202309 47.037 307.789 51.035
202312 50.250 306.746 54.707
202403 51.712 312.332 55.292
202406 53.440 314.175 56.804
202409 52.968 315.301 56.101
202412 57.497 315.605 60.839
202503 58.987 319.799 61.598
202506 58.153 322.561 60.207
202509 60.421 324.800 62.124
202512 61.026 324.054 62.890
202603 62.306 330.213 63.011
202606 66.583 333.952 66.583

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.

Is Universal Health Services (FRA:UHS) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Health Services stock appears to be undervalued. The current stock price of €155.00 is trading 24.4% below its estimated GF Value™ of €205.04. GuruFocus considers Universal Health Services to be Modestly Undervalued.

Key valuation signals for FRA:UHS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €205.04 vs. price of €155.00 (24.4% below fair value)
  • GF Score™: 82/100 with 1 warning sign

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


Universal Health Services Business Description

Address 367 South Gulph Road, Universal Corporate Center, P.O. Box 61558, King Of Prussia, PA, USA, 19406-0958
Universal Health Services Inc offers healthcare services through its behavioral health centers, acute care hospitals, and related outpatient facilities. As of late 2025, the company operated 346 inpatient behavioral health centers, 29 acute care hospitals, and many supportive outpatient facilities. Its operations are concentrated in the U.S, particularly in Nevada (21% of 2025 operating profits), Texas (19%), and California (13%), although it does have some exposure to the UK behavioral health market (6% of 2025 sales) too. While its acute care services account for over 55% of revenue, the behavioral health centers sport higher margins and account for over 55% of pretax profits.
82GF Score

Get the complete analysis for FRA:UHS

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

€155.00
Price
€205.04
GF Value