AMN Healthcare Services (MEX:AMN) Cyclically Adjusted PS Ratio: 0.23 (As of Jul. 14, 2026) — 86% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MEX:AMN AMN Healthcare Services Inc MEX:AMN
64 GF Score
Price MXN556.00
GF Value MXN497.75
! 8 Warning Signs
View Full Analysis

What is AMN Healthcare Services Cyclically Adjusted PS Ratio?

AMN Healthcare Services MEX:AMN 64 Cyclically Adjusted PS Ratio is 0.23 as of Jul. 14, 2026, which is 86% below its 10-year median of 1.62. GuruFocus rates MEX:AMN with a GF Score™ of 64/100 and a GF Value™ of MXN497.75. The stock has 8 warning signs investors should review. Among 359 Healthcare Providers & Services companies, AMN Healthcare Services ranks better than 79.11% on this metric.

As of today (2026-07-14), AMN Healthcare Services's current share price is MXN556.00. AMN Healthcare Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN2,426.82. AMN Healthcare Services's Cyclically Adjusted PS Ratio for today is 0.23.

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

MEX:AMN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.62   Max: 2.98
Current: 0.42

During the past years, AMN Healthcare Services's highest Cyclically Adjusted PS Ratio was 2.98. The lowest was 0.20. And the median was 1.62.

MEX:AMN's Cyclically Adjusted PS Ratio is ranked better than
79.11% of 359 companies
in the Healthcare Providers & Services industry
Industry Median: 1.14 vs MEX:AMN: 0.42

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.

AMN Healthcare Services's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN635.400. 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 MXN2,426.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMN Healthcare Services  (MEX:AMN) 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.


AMN Healthcare Services Cyclically Adjusted PS Ratio Related Terms


AMN Healthcare Services Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AMN Healthcare 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.

AMN Healthcare Services Cyclically Adjusted PS Ratio Chart

AMN Healthcare 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 2.78 1.84 1.16 0.33 0.21

AMN Healthcare Services 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 0.33 0.28 0.26 0.21 0.23

MEX:AMN vs PNTG, ARDT, NUTX: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, AMN Healthcare 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.


AMN Healthcare Services Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

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

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


MEX:AMN
64GF Score
AMN Healthcare Services Inc MEX:AMN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AMN Healthcare 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.

AMN Healthcare Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=556.00/2426.82
=0.23

* 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.

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

For example, AMN Healthcare Services'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)
=635.4/330.2130*330.2130
=635.400

Current CPI (Mar. 2026) = 330.2130.

AMN Healthcare Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 177.533 241.018 243.234
201609 184.956 241.428 252.973
201612 204.405 241.432 279.570
201703 188.278 243.801 255.011
201706 178.953 244.955 241.239
201709 181.464 246.819 242.776
201712 202.881 246.524 271.754
201803 193.264 249.554 255.729
201806 224.100 251.989 293.667
201809 203.066 252.439 265.629
201812 215.818 251.233 283.665
201903 216.200 254.202 280.848
201906 216.771 256.143 279.456
201909 235.375 256.759 302.711
201912 232.674 256.974 298.987
202003 296.520 258.115 379.345
202006 295.236 257.797 378.169
202009 255.602 260.280 324.278
202012 262.599 260.474 332.907
202103 377.945 264.877 471.171
202106 355.449 271.696 432.004
202109 375.402 274.310 451.907
202112 581.151 278.802 688.315
202203 654.817 287.504 752.091
202206 641.495 296.311 714.891
202209 520.054 296.808 578.585
202212 504.622 296.797 561.437
202303 488.337 301.836 534.248
202306 431.985 305.109 467.528
202309 387.903 307.789 416.164
202312 363.962 306.746 391.806
202403 356.664 312.332 377.083
202406 354.905 314.175 373.022
202409 353.573 315.301 370.295
202412 400.462 315.605 418.998
202503 368.203 319.799 380.193
202506 322.614 322.561 330.267
202509 300.812 324.800 305.825
202512 347.789 324.054 354.399
202603 635.400 330.213 635.400

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 0.23 mean?
AMN Healthcare Services (MEX:AMN) has a Cyclically Adjusted PS Ratio of 0.23 as of Jul. 14, 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 AMN Healthcare Services and its competitors. This is 86% below median its historical median of 1.62. Over the past decade, AMN Healthcare Services' Cyclically Adjusted PS Ratio has ranged from 0.20 to 2.98. According to the industry distribution chart, AMN Healthcare Services ranks #75 out of 359 companies in the Healthcare Providers & Services industry, placing it in the top 20.9%.
Is AMN Healthcare Services' Cyclically Adjusted PS Ratio too high?
AMN Healthcare Services' current Cyclically Adjusted PS Ratio of 0.23 is 86% below median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 2.98. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.14. AMN Healthcare Services' value of 0.23 is 79.8% below this industry median. Based on the distribution chart, AMN Healthcare Services ranks #75 out of 359 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, AMN Healthcare Services has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does AMN Healthcare Services' Cyclically Adjusted PS Ratio compare to PNTG and ARDT?
According to the Healthcare Providers & Services industry distribution chart, AMN Healthcare Services ranks #75 out of 359 companies for Cyclically Adjusted PS Ratio. This places AMN Healthcare Services in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.14. AMN Healthcare Services' value of 0.23 is 79.8% below this benchmark. Historically, AMN Healthcare Services' own Cyclically Adjusted PS Ratio has ranged from 0.20 to 2.98 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 1.14, AMN Healthcare Services 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PS Ratio among Healthcare Providers & Services companies is 1.14, 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. AMN Healthcare Services's current Cyclically Adjusted PS Ratio of 0.23 is 79.8% 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 AMN Healthcare Services and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMN Healthcare Services's current Cyclically Adjusted PS Ratio is 0.23, which is 86% below median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMN Healthcare Services stock overvalued right now?
AMN Healthcare Services (MEX:AMN) has a current Cyclically Adjusted PS Ratio of 0.23. The stock's GF Value™ is MXN497.75, compared to a current price of MXN556.00 — trading 11.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.23, which is 86% below median its 10-year median of 1.62 and 79.8% below the Healthcare Providers & Services industry median of 1.14. AMN Healthcare Services' overall GF Score™ is 64/100 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 AMN Healthcare Services (MEX:AMN), the current Cyclically Adjusted PS Ratio is 0.23 as of Jul. 14, 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 AMN Healthcare Services (MEX:AMN) Overvalued in 2026?

Based on GuruFocus' analysis, AMN Healthcare Services stock appears to be overvalued. The current stock price of MXN556.00 is trading 11.7% above its estimated GF Value™ of MXN497.75.

Key valuation signals for MEX:AMN:

  • Cyclically Adjusted PS Ratio: 0.23 (86% below median its 10-year median of 1.62)
  • GF Value™: MXN497.75 vs. price of MXN556.00 (11.7% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 79.8% below the Healthcare Providers & Services median (#75 of 359)

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


AMN Healthcare Services Business Description

Other Exchanges AMN:USAHCQ:Germany
Address 2999 Olympus Boulevard, Suite 500, Dallas, TX, USA, 75019
AMN Healthcare Services Inc provides healthcare workforce solutions and staffing services in the United States. Its comprehensive suite of talent solutions provides management, staffing, recruitment, language services, technology, predictive and market analytics, and related services to build and manage all or parts of the clients' healthcare workforce needs. Its reportable segments are: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. A majority of its revenue is generated from the Nurse and Allied Solutions segment, which includes the company's travel nurse staffing, labor disruption staffing, local staffing, international nurse permanent placement, and allied staffing (including revenue cycle solutions) businesses.
64GF Score

Get the complete analysis for MEX:AMN

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

MXN556.00
Price
MXN497.75
GF Value