Ventas (FRA:VEN) Cyclically Adjusted PS Ratio: 7.20 (As of Jul. 13, 2026) — 34% Above Median


FRA:VEN Ventas Inc FRA:VEN
81 GF Score
Price €79.82
GF Value €61.46
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Ventas Cyclically Adjusted PS Ratio?

Ventas FRA:VEN -1.07% 81 Cyclically Adjusted PS Ratio is 7.20 as of Jul. 13, 2026, which is 34% above its 10-year median of 5.38. GuruFocus rates FRA:VEN with a GF Score™ of 81/100 and a GF Value™ of €61.46 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 554 REITs companies, Ventas ranks worse than 61.01% on this metric.

As of today (2026-07-13), Ventas's current share price is €79.82. Ventas's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €11.08. Ventas's Cyclically Adjusted PS Ratio for today is 7.20.

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

FRA:VEN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.2   Med: 5.38   Max: 9.34
Current: 7.1

During the past years, Ventas's highest Cyclically Adjusted PS Ratio was 9.34. The lowest was 2.20. And the median was 5.38.

FRA:VEN's Cyclically Adjusted PS Ratio is ranked worse than
61.01% of 554 companies
in the REITs industry
Industry Median: 5.915 vs FRA:VEN: 7.10

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.

Ventas's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.945. 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 €11.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ventas  (FRA:VEN) 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.


Ventas Cyclically Adjusted PS Ratio Related Terms


Ventas Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ventas'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.

Ventas Cyclically Adjusted PS Ratio Chart

Ventas 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 4.64 3.85 4.13 4.79 6.17

Ventas 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 5.53 5.04 5.56 6.17 6.40

FRA:VEN vs DOC, OHI, AHR: Cyclically Adjusted PS Ratio Comparison

For the REIT - Healthcare Facilities subindustry, Ventas'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.


Ventas Cyclically Adjusted PS Ratio vs REITs Industry

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

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


FRA:VEN
81GF Score
Ventas Inc FRA:VEN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ventas 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=79.82/11.08
=7.20

* 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.

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

For example, Ventas'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)
=2.945/330.2130*330.2130
=2.945

Current CPI (Mar. 2026) = 330.2130.

Ventas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.204 241.018 3.020
201609 2.181 241.428 2.983
201612 2.322 241.432 3.176
201703 2.310 243.801 3.129
201706 2.224 244.955 2.998
201709 2.101 246.819 2.811
201712 2.106 246.524 2.821
201803 2.133 249.554 2.822
201806 2.247 251.989 2.945
201809 2.233 252.439 2.921
201812 2.254 251.233 2.963
201903 2.314 254.202 3.006
201906 2.302 256.143 2.968
201909 2.370 256.759 3.048
201912 2.380 256.974 3.058
202003 2.436 258.115 3.116
202006 2.227 257.797 2.853
202009 2.073 260.280 2.630
202012 2.005 260.474 2.542
202103 2.023 264.877 2.522
202106 2.016 271.696 2.450
202109 2.152 274.310 2.591
202112 2.244 278.802 2.658
202203 2.291 287.504 2.631
202206 2.398 296.311 2.672
202209 2.596 296.808 2.888
202212 2.460 296.797 2.737
202303 2.492 301.836 2.726
202306 2.527 305.109 2.735
202309 2.649 307.789 2.842
202312 2.622 306.746 2.823
202403 2.711 312.332 2.866
202406 2.709 314.175 2.847
202409 2.656 315.301 2.782
202412 2.878 315.605 3.011
202503 2.814 319.799 2.906
202506 2.683 322.561 2.747
202509 2.738 324.800 2.784
202512 2.779 324.054 2.832
202603 2.945 330.213 2.945

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 7.20 mean?
Ventas (FRA:VEN) has a Cyclically Adjusted PS Ratio of 7.20 as of Jul. 13, 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 Ventas and its competitors. This is 34% above median its historical median of 5.38. Over the past decade, Ventas' Cyclically Adjusted PS Ratio has ranged from 2.20 to 9.34. According to the industry distribution chart, Ventas ranks #338 out of 554 companies in the REITs industry, placing it in the top 61%.
Is Ventas' Cyclically Adjusted PS Ratio too high?
Ventas' current Cyclically Adjusted PS Ratio of 7.20 is 34% above median its 10-year median of 5.38. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 9.34. The REITs industry median Cyclically Adjusted PS Ratio is 5.92. Ventas' value of 7.20 is 21.7% above this industry median. Based on the distribution chart, Ventas ranks #338 out of 554 companies in the REITs industry, which is below the industry midpoint. Overall, Ventas has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ventas' Cyclically Adjusted PS Ratio compare to DOC and OHI?
According to the REITs industry distribution chart, Ventas ranks #338 out of 554 companies for Cyclically Adjusted PS Ratio. This places Ventas in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.92. Ventas' value of 7.20 is 21.7% above this benchmark. Historically, Ventas' own Cyclically Adjusted PS Ratio has ranged from 2.20 to 9.34 over the past decade. While the company's 10-year median is 5.38 vs. the industry median of 5.92, Ventas 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 5.92, based on 554 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. Ventas's current Cyclically Adjusted PS Ratio of 7.20 is 21.7% 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 Ventas and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ventas's current Cyclically Adjusted PS Ratio is 7.20, which is 34% above median its own 10-year median of 5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ventas stock overvalued right now?
Based on GuruFocus' analysis, Ventas (FRA:VEN) is currently considered Modestly Overvalued. The stock's GF Value™ is €61.46, compared to a current price of €79.82 — trading 29.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.20, which is 34% above median its 10-year median of 5.38 and 21.7% above the REITs industry median of 5.92. Ventas' overall GF Score™ is 81/100 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 Ventas (FRA:VEN), the current Cyclically Adjusted PS Ratio is 7.20 as of Jul. 13, 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 Ventas (FRA:VEN) Overvalued in 2026?

Based on GuruFocus' analysis, Ventas stock appears to be overvalued. The current stock price of €79.82 is trading 29.9% above its estimated GF Value™ of €61.46. GuruFocus considers Ventas to be Modestly Overvalued.

Key valuation signals for FRA:VEN:

  • Cyclically Adjusted PS Ratio: 7.20 (34% above median its 10-year median of 5.38)
  • GF Value™: €61.46 vs. price of €79.82 (29.9% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 21.7% above the REITs median (#338 of 554)

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


Ventas Business Description

Industry Real EstateREITs
Address 300 North LaSalle Street, Suite 1600, Chicago, IL, USA, 60654
Ventas owns a diversified healthcare portfolio of almost 1,400 in-place properties spread across the senior housing, medical office, hospital, life science, and skilled nursing/post-acute care. The portfolio includes almost 100 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 the United States. The firm also owns mortgages and other loans, contributing about 1% of net operating income.
81GF Score

Get the complete analysis for FRA:VEN

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

€79.82
Price
€61.46
GF Value