HealthCare Global Enterprises (NSE:HCG) Cyclically Adjusted PS Ratio: 4.60 (As of Jul. 26, 2026) — 10% Above Median

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NSE:HCG HealthCare Global Enterprises Ltd NSE:HCG
83 GF Score
Price ₹666.55
GF Value ₹582.32
Valuation Modestly Overvalued
! 2 Warning Signs
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What is HealthCare Global Enterprises Cyclically Adjusted PS Ratio?

HealthCare Global Enterprises NSE:HCG -0.50% 83 Cyclically Adjusted PS Ratio is 4.60 as of Jul. 26, 2026, which is 10% above its 10-year median of 4.19. GuruFocus rates NSE:HCG with a GF Score™ of 83/100 and a GF Value™ of ₹582.32 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 358 Healthcare Providers & Services companies, HealthCare Global Enterprises ranks worse than 86.31% on this metric.

As of today (2026-07-26), HealthCare Global Enterprises's current share price is ₹666.55. HealthCare Global Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹144.84. HealthCare Global Enterprises's Cyclically Adjusted PS Ratio for today is 4.60.

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

NSE:HCG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.53   Med: 4.19   Max: 5.39
Current: 4.6

During the past years, HealthCare Global Enterprises's highest Cyclically Adjusted PS Ratio was 5.39. The lowest was 3.53. And the median was 4.19.

NSE:HCG's Cyclically Adjusted PS Ratio is ranked worse than
86.31% of 358 companies
in the Healthcare Providers & Services industry
Industry Median: 1.13 vs NSE:HCG: 4.60

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.

HealthCare Global Enterprises's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹44.951. 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 ₹144.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


HealthCare Global Enterprises  (NSE:HCG) 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.


HealthCare Global Enterprises Cyclically Adjusted PS Ratio Related Terms


HealthCare Global Enterprises Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for HealthCare Global Enterprises'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.

HealthCare Global Enterprises Cyclically Adjusted PS Ratio Chart

HealthCare Global Enterprises Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 4.06 3.63

HealthCare Global Enterprises 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 4.06 4.01 4.56 4.62 3.63

NSE:HCG vs HCA, THC, DVA: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, HealthCare Global Enterprises'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.


HealthCare Global Enterprises Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

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

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


NSE:HCG
83GF Score
HealthCare Global Enterprises Ltd NSE:HCG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HealthCare Global Enterprises 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.

HealthCare Global Enterprises's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=666.55/144.84
=4.60

* 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.

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

For example, HealthCare Global Enterprises'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)
=44.951/164.2724*164.2724
=44.951

Current CPI (Mar. 2026) = 164.2724.

HealthCare Global Enterprises Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 19.610 105.961 30.402
201609 20.301 105.961 31.473
201612 20.288 105.196 31.681
201703 24.113 105.196 37.654
201706 22.084 107.109 33.870
201709 24.519 109.021 36.945
201712 23.777 109.404 35.702
201803 25.587 109.786 38.286
201806 25.687 111.317 37.907
201809 27.441 115.142 39.150
201812 28.248 115.142 40.301
201903 27.084 118.202 37.640
201906 30.312 120.880 41.193
201909 31.100 123.175 41.477
201912 31.015 126.235 40.360
202003 28.894 124.705 38.062
202006 21.546 127.000 27.869
202009 21.353 130.118 26.958
202012 21.608 130.889 27.119
202103 23.127 131.771 28.831
202106 25.448 134.084 31.177
202109 26.041 135.847 31.490
202112 27.530 138.161 32.733
202203 21.767 138.822 25.758
202206 28.772 142.347 33.204
202209 29.921 144.661 33.977
202212 30.173 145.763 34.004
202303 30.285 146.865 33.875
202306 32.420 150.280 35.439
202309 34.524 151.492 37.437
202312 33.524 152.924 36.012
202403 33.353 153.035 35.802
202406 37.124 155.789 39.146
202409 39.067 157.882 40.648
202412 38.900 158.323 40.362
202503 41.221 157.552 42.979
202506 43.523 159.755 44.754
202509 45.715 162.289 46.274
202512 45.235 163.281 45.510
202603 44.951 164.272 44.951

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 4.60 mean?
HealthCare Global Enterprises (NSE:HCG) has a Cyclically Adjusted PS Ratio of 4.60 as of Jul. 26, 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 HealthCare Global Enterprises and its competitors. This is 10% above median its historical median of 4.19. Over the past decade, HealthCare Global Enterprises' Cyclically Adjusted PS Ratio has ranged from 3.53 to 5.39. According to the industry distribution chart, HealthCare Global Enterprises ranks #309 out of 358 companies in the Healthcare Providers & Services industry, placing it in the top 86.3%.
Is HealthCare Global Enterprises' Cyclically Adjusted PS Ratio too high?
HealthCare Global Enterprises' current Cyclically Adjusted PS Ratio of 4.60 is 10% above median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 3.53 to a high of 5.39. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.13. HealthCare Global Enterprises' value of 4.60 is 307.1% above this industry median. Based on the distribution chart, HealthCare Global Enterprises ranks #309 out of 358 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, HealthCare Global Enterprises has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HealthCare Global Enterprises' Cyclically Adjusted PS Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, HealthCare Global Enterprises ranks #309 out of 358 companies for Cyclically Adjusted PS Ratio. This places HealthCare Global Enterprises in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.13. HealthCare Global Enterprises' value of 4.60 is 307.1% above this benchmark. Historically, HealthCare Global Enterprises' own Cyclically Adjusted PS Ratio has ranged from 3.53 to 5.39 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 1.13, HealthCare Global Enterprises 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PS Ratio among Healthcare Providers & Services companies is 1.13, based on 358 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. HealthCare Global Enterprises's current Cyclically Adjusted PS Ratio of 4.60 is 307.1% 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 HealthCare Global Enterprises and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HealthCare Global Enterprises's current Cyclically Adjusted PS Ratio is 4.60, which is 10% above median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HealthCare Global Enterprises stock overvalued right now?
Based on GuruFocus' analysis, HealthCare Global Enterprises (NSE:HCG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹582.32, compared to a current price of ₹666.55 — trading 14.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.60, which is 10% above median its 10-year median of 4.19 and 307.1% above the Healthcare Providers & Services industry median of 1.13. HealthCare Global Enterprises' overall GF Score™ is 83/100 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 HealthCare Global Enterprises (NSE:HCG), the current Cyclically Adjusted PS Ratio is 4.60 as of Jul. 26, 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 HealthCare Global Enterprises (NSE:HCG) Overvalued in 2026?

Based on GuruFocus' analysis, HealthCare Global Enterprises stock appears to be overvalued. The current stock price of ₹666.55 is trading 14.5% above its estimated GF Value™ of ₹582.32. GuruFocus considers HealthCare Global Enterprises to be Modestly Overvalued.

Key valuation signals for NSE:HCG:

  • Cyclically Adjusted PS Ratio: 4.60 (10% above median its 10-year median of 4.19)
  • GF Value™: ₹582.32 vs. price of ₹666.55 (14.5% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 307.1% above the Healthcare Providers & Services median (#309 of 358)

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


HealthCare Global Enterprises Business Description

Other Exchanges 539787:India
Address Mission Road, No. 3, Ground Floor, Tower Block, Unity Building Complex, Bengaluru, KA, IND, 560027
HealthCare Global Enterprises Ltd operates in oncology, providing comprehensive cancer diagnosis and treatment services including medical oncology, radiation therapy, and surgical oncology. It also offers fertility treatment services under the Milann brand, along with multi-specialty hospital care in key medical disciplines. The company's operations span many metropolitan and non-metro cities across India and extend internationally with cancer care centers in Africa. HCG generates revenue through patient services in oncology, fertility treatments, diagnostics, and multi-specialty hospital care, leveraging technology and a networked business model to deliver patient-centric healthcare.
83GF Score

Get the complete analysis for NSE:HCG

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

₹666.55
Price
₹582.32
GF Value