NHP (National Healthcare Properties) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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NHP National Healthcare Properties Inc NHP
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What is National Healthcare Properties Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


National Healthcare Properties  (NAS:NHP) 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.


National Healthcare Properties Cyclically Adjusted PS Ratio Related Terms


National Healthcare Properties Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for National Healthcare Properties'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.

National Healthcare Properties Cyclically Adjusted PS Ratio Chart

National Healthcare Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
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National Healthcare Properties Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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NHP vs UHT, DHC, XRN: Cyclically Adjusted PS Ratio Comparison

For the REIT - Healthcare Facilities subindustry, National Healthcare Properties'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.


National Healthcare Properties Cyclically Adjusted PS Ratio vs REITs Industry

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

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


NHP
35GF Score
National Healthcare Properties Inc NHP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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National Healthcare Properties 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.

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

For example, National Healthcare Properties'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)
=1.291/333.9520*333.9520
=1.291

Current CPI (Jun. 2026) = 333.9520.

National Healthcare Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.855 241.428 1.183
201612 0.861 241.432 1.191
201703 0.831 243.801 1.138
201706 0.848 244.955 1.156
201709 0.880 246.819 1.191
201712 0.910 246.524 1.233
201803 0.985 249.554 1.318
201806 0.999 251.989 1.324
201809 0.999 252.439 1.322
201812 1.007 251.233 1.339
201903 0.955 254.202 1.255
201906 1.049 256.143 1.368
201909 1.037 256.759 1.349
201912 1.027 256.974 1.335
202003 1.090 258.115 1.410
202006 1.029 257.797 1.333
202009 1.024 260.280 1.314
202012 0.958 260.474 1.228
202103 0.867 264.877 1.093
202106 0.831 271.696 1.021
202109 0.827 274.310 1.007
202112 0.833 278.802 0.998
202203 0.820 287.504 0.952
202206 0.821 296.311 0.925
202209 0.795 296.808 0.894
202212 0.808 296.797 0.909
202303 0.808 301.836 0.894
202306 0.784 305.109 0.858
202309 0.769 307.789 0.834
202312 0.778 306.746 0.847
202403 0.780 312.332 0.834
202406 0.784 314.175 0.833
202409 0.786 315.301 0.832
202412 3.099 315.605 3.279
202503 1.240 319.799 1.295
202506 1.259 322.561 1.303
202509 1.269 324.800 1.305
202512 1.246 324.054 1.284
202603 1.273 330.213 1.287
202606 1.291 333.952 1.291

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.


National Healthcare Properties Business Description

Industry Real EstateREITs
Other Exchanges NHPAP.PFD:USA
Address 540 Madison Avenue, 27th Floor, New York, NY, USA, 10022
National Healthcare Properties Inc is a publicly registered real estate investment trust. It is focused on acquiring, owning, and managing a diversified portfolio of healthcare real estate assets focused on senior housing operating properties (SHOP) and outpatient medical facilities (OMF) in the United States. The company operates in two reportable business segments: SHOP and OMF. The SHOP segment consists of assisted living communities, memory care communities and independent living communities, which are focused on needs-based assisted living and memory care. The OMF segment consists of physicians' offices and examination rooms, hospitals, pharmacies, hospital ancillary service space and other outpatient services. The majority of revenue is derived from the SHOP segment.
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