Tenet Healthcare (MEX:THC) Cyclically Adjusted PS Ratio: 0.83 (As of Jul. 08, 2026) — 196% Above Median


MEX:THC Tenet Healthcare Corp MEX:THC
75 GF Score
Price MXN3,547.50
GF Value MXN2,798.15
! 2 Warning Signs
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What is Tenet Healthcare Cyclically Adjusted PS Ratio?

Tenet Healthcare MEX:THC 75 Cyclically Adjusted PS Ratio is 0.83 as of Jul. 08, 2026, which is 196% above its 10-year median of 0.28. GuruFocus rates MEX:THC with a GF Score™ of 75/100 and a GF Value™ of MXN2,798.15. The stock has 2 warning signs investors should review. Among 359 Healthcare Providers & Services companies, Tenet Healthcare ranks better than 57.94% on this metric.

As of today (2026-07-08), Tenet Healthcare's current share price is MXN3547.50. Tenet Healthcare's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN4,295.69. Tenet Healthcare's Cyclically Adjusted PS Ratio for today is 0.83.

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

MEX:THC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.28   Max: 1.07
Current: 0.91

During the past years, Tenet Healthcare's highest Cyclically Adjusted PS Ratio was 1.07. The lowest was 0.08. And the median was 0.28.

MEX:THC's Cyclically Adjusted PS Ratio is ranked better than
57.94% of 359 companies
in the Healthcare Providers & Services industry
Industry Median: 1.14 vs MEX:THC: 0.91

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.

Tenet Healthcare's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN1,190.089. 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 MXN4,295.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tenet Healthcare  (MEX:THC) 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.


Tenet Healthcare Cyclically Adjusted PS Ratio Related Terms


Tenet Healthcare Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tenet Healthcare'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.

Tenet Healthcare Cyclically Adjusted PS Ratio Chart

Tenet Healthcare 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 0.44 0.24 0.35 0.57 0.88

Tenet Healthcare 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 0.60 0.78 0.90 0.88 0.83

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

For the Medical Care Facilities subindustry, Tenet Healthcare'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.


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

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

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


MEX:THC
75GF Score
Tenet Healthcare Corp MEX:THC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenet Healthcare 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3547.50/4295.69
=0.83

* 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.

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

For example, Tenet Healthcare'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)
=1190.089/330.2130*330.2130
=1,190.089

Current CPI (Mar. 2026) = 330.2130.

Tenet Healthcare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 906.236 241.018 1,241.612
201609 942.072 241.428 1,288.518
201612 1,005.465 241.432 1,375.201
201703 906.240 243.801 1,227.445
201706 862.730 244.955 1,163.008
201709 825.564 246.819 1,104.502
201712 968.521 246.524 1,297.311
201803 831.608 249.554 1,100.394
201806 849.906 251.989 1,113.739
201809 819.972 252.439 1,072.597
201812 871.070 251.233 1,144.908
201903 857.726 254.202 1,114.202
201906 837.173 256.143 1,079.262
201909 870.830 256.759 1,119.958
201912 871.139 256.974 1,119.418
202003 1,002.383 258.115 1,282.374
202006 797.548 257.797 1,021.582
202009 956.354 260.280 1,213.311
202012 883.645 260.474 1,120.231
202103 904.349 264.877 1,127.421
202106 908.310 271.696 1,103.939
202109 925.244 274.310 1,113.804
202112 914.840 278.802 1,083.536
202203 843.400 287.504 968.688
202206 857.998 296.311 956.165
202209 878.823 296.808 977.732
202212 924.763 296.797 1,028.881
202303 853.759 301.836 934.025
202306 831.523 305.109 899.940
202309 845.048 307.789 906.614
202312 879.381 306.746 946.656
202403 885.591 312.332 936.291
202406 950.582 314.175 999.107
202409 1,044.288 315.301 1,093.677
202412 1,102.438 315.605 1,153.465
202503 1,124.545 319.799 1,161.165
202506 1,081.247 322.561 1,106.897
202509 1,094.938 324.800 1,113.186
202512 1,131.948 324.054 1,153.462
202603 1,190.089 330.213 1,190.089

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 0.83 mean?
Tenet Healthcare (MEX:THC) has a Cyclically Adjusted PS Ratio of 0.83 as of Jul. 08, 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 Tenet Healthcare and its competitors. This is 196% above median its historical median of 0.28. Over the past decade, Tenet Healthcare's Cyclically Adjusted PS Ratio has ranged from 0.08 to 1.07. According to the industry distribution chart, Tenet Healthcare ranks #151 out of 359 companies in the Healthcare Providers & Services industry, placing it in the top 42.1%.
Is Tenet Healthcare's Cyclically Adjusted PS Ratio too high?
Tenet Healthcare's current Cyclically Adjusted PS Ratio of 0.83 is 196% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.07. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.14. Tenet Healthcare's value of 0.83 is 27.2% below this industry median. Based on the distribution chart, Tenet Healthcare ranks #151 out of 359 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Tenet Healthcare has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Tenet Healthcare's Cyclically Adjusted PS Ratio compare to DVA and EHC?
According to the Healthcare Providers & Services industry distribution chart, Tenet Healthcare ranks #151 out of 359 companies for Cyclically Adjusted PS Ratio. This puts Tenet Healthcare in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.14. Tenet Healthcare's value of 0.83 is 27.2% below this benchmark. Historically, Tenet Healthcare's own Cyclically Adjusted PS Ratio has ranged from 0.08 to 1.07 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 1.14, Tenet Healthcare 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. Tenet Healthcare's current Cyclically Adjusted PS Ratio of 0.83 is 27.2% 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 Tenet Healthcare 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. Tenet Healthcare's current Cyclically Adjusted PS Ratio is 0.83, which is 196% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenet Healthcare stock overvalued right now?
Tenet Healthcare (MEX:THC) has a current Cyclically Adjusted PS Ratio of 0.83. The stock's GF Value™ is MXN2,798.15, compared to a current price of MXN3,547.50 — trading 26.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.83, which is 196% above median its 10-year median of 0.28 and 27.2% below the Healthcare Providers & Services industry median of 1.14. Tenet Healthcare's overall GF Score™ is 75/100 with 2 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 Tenet Healthcare (MEX:THC), the current Cyclically Adjusted PS Ratio is 0.83 as of Jul. 08, 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 Tenet Healthcare (MEX:THC) Overvalued in 2026?

Based on GuruFocus' analysis, Tenet Healthcare stock appears to be overvalued. The current stock price of MXN3,547.50 is trading 26.8% above its estimated GF Value™ of MXN2,798.15.

Key valuation signals for MEX:THC:

  • Cyclically Adjusted PS Ratio: 0.83 (196% above median its 10-year median of 0.28)
  • GF Value™: MXN2,798.15 vs. price of MXN3,547.50 (26.8% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 27.2% below the Healthcare Providers & Services median (#151 of 359)

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


Tenet Healthcare Business Description

Address 14201 Dallas Parkway, Dallas, TX, USA, 75254
Tenet Healthcare is a Dallas-based healthcare services organization. It operates acute and specialty hospitals (50 as of December 2025) and hundreds of ambulatory surgery centers and other outpatient facilities across the US, primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
75GF Score

Get the complete analysis for MEX:THC

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

MXN3,547.50
Price
MXN2,798.15
GF Value