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Target Healthcare REITLSE:THRL +0.18%39 Cyclically Adjusted PS Ratio is 10.13 as of Jul. 16, 2026, which is 18% above its 10-year median of 8.60. GuruFocus rates LSE:THRL with a GF Score™ of 39/100 and a GF Value™ of £0.88 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 554 REITs companies, Target Healthcare REIT ranks worse than 84.84% on this metric.
The historical rank and industry rank for Target Healthcare REIT's Cyclically Adjusted PS Ratio or its related term are showing as below:
LSE:THRL'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.8 Med: 8.6 Max: 10.46
Current: 10.43
During the past 12 years, Target Healthcare REIT's highest Cyclically Adjusted PS Ratio was 10.46. The lowest was 6.80. And the median was 8.60.
LSE:THRL's Cyclically Adjusted PS Ratio is ranked worse than 84.84% of 554
companies
in the REITs industry
Industry Median: 5.91
vs LSE:THRL: 10.43
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.
Target Healthcare REIT's adjusted revenue per share data of for the fiscal year that ended in Jun25 was £0.109. 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 £0.11 for the trailing ten years ended in Jun25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Target Healthcare REIT (LSE:THRL) 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.
Target Healthcare REIT Cyclically Adjusted PS Ratio Related Terms
Target Healthcare REIT Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Target Healthcare REIT'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.
Target Healthcare REIT Cyclically Adjusted PS Ratio Chart
LSE:THRL vs WELL, VTR, DOC: Cyclically Adjusted PS Ratio Comparison
For the REIT - Healthcare Facilities subindustry, Target Healthcare REIT'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.
Target Healthcare REIT Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Target Healthcare REIT's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Target Healthcare REIT's Cyclically Adjusted PS Ratio falls into.
Target Healthcare REIT 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.
* 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.
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 10.13 mean?
Target Healthcare REIT (LSE:THRL) has a Cyclically Adjusted PS Ratio of 10.13 as of Jul. 16, 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 Target Healthcare REIT and its competitors. This is 18% above median its historical median of 8.60. Over the past decade, Target Healthcare REIT's Cyclically Adjusted PS Ratio has ranged from 6.80 to 10.46. According to the industry distribution chart, Target Healthcare REIT ranks #470 out of 554 companies in the REITs industry, placing it in the top 84.8%.
Is Target Healthcare REIT's Cyclically Adjusted PS Ratio too high?
Target Healthcare REIT's current Cyclically Adjusted PS Ratio of 10.13 is 18% above median its 10-year median of 8.60. Over the past 10 years, this metric has ranged from a low of 6.80 to a high of 10.46. The REITs industry median Cyclically Adjusted PS Ratio is 5.91. Target Healthcare REIT's value of 10.13 is 71.4% above this industry median. Based on the distribution chart, Target Healthcare REIT ranks #470 out of 554 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Target Healthcare REIT has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Target Healthcare REIT's Cyclically Adjusted PS Ratio compare to WELL and VTR?
According to the REITs industry distribution chart, Target Healthcare REIT ranks #470 out of 554 companies for Cyclically Adjusted PS Ratio. This places Target Healthcare REIT in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.91. Target Healthcare REIT's value of 10.13 is 71.4% above this benchmark. Historically, Target Healthcare REIT's own Cyclically Adjusted PS Ratio has ranged from 6.80 to 10.46 over the past decade. While the company's 10-year median is 8.60 vs. the industry median of 5.91, Target Healthcare REIT 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 5.91, 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. Target Healthcare REIT's current Cyclically Adjusted PS Ratio of 10.13 is 71.4% 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 Target Healthcare REIT 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. Target Healthcare REIT's current Cyclically Adjusted PS Ratio is 10.13, which is 18% above median its own 10-year median of 8.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Target Healthcare REIT stock overvalued right now?
Based on GuruFocus' analysis, Target Healthcare REIT (LSE:THRL) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.88, compared to a current price of £1.11 — trading 26.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.13, which is 18% above median its 10-year median of 8.60 and 71.4% above the REITs industry median of 5.91. Target Healthcare REIT's overall GF Score™ is 39/100 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 Target Healthcare REIT (LSE:THRL), the current Cyclically Adjusted PS Ratio is 10.13 as of Jul. 16, 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 Target Healthcare REIT (LSE:THRL) Overvalued in 2026?
Based on GuruFocus' analysis, Target Healthcare REIT stock appears to be overvalued.
The current stock price of £1.11 is trading 26.6% above its estimated GF Value™ of £0.88.
GuruFocus considers Target Healthcare REIT to be Modestly Overvalued.
Key valuation signals for LSE:THRL:
Cyclically Adjusted PS Ratio: 10.13 (18% above median its 10-year median of 8.60)
GF Value™: £0.88 vs. price of £1.11 (26.6% above fair value)
Industry Position: 71.4% above the REITs median (#470 of 554)
No single metric tells the full story. See the LSE:THRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Target Healthcare REIT PLC is an investment company that acts as a long-term investor in care homes in the United Kingdom. The investment objective of the company is to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified portfolio of freehold and long-leasehold care homes, which are let to care home operators, and other healthcare assets in the United Kingdom.
39GF Score
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