Primary Health PropertiesPHPRF 62 Cyclically Adjusted PS Ratio is 9.77 as of Jul. 05, 2026, which is 13% below its 10-year median of 11.17. GuruFocus rates PHPRF with a GF Score™ of 62/100 and a GF Value™ of $3.45 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 556 REITs companies, Primary Health Properties ranks worse than 78.42% on this metric.
The historical rank and industry rank for Primary Health Properties's Cyclically Adjusted PS Ratio or its related term are showing as below:
PHPRF'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.63 Med: 11.17 Max: 20.98
Current: 9.29
During the past 13 years, Primary Health Properties's highest Cyclically Adjusted PS Ratio was 20.98. The lowest was 8.63. And the median was 11.17.
PHPRF's Cyclically Adjusted PS Ratio is ranked worse than 78.42% of 556
companies
in the REITs industry
Industry Median: 5.905
vs PHPRF: 9.29
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.
Primary Health Properties's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $0.167. 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 $0.13 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Primary Health Properties (OTCPK:PHPRF) 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.
Primary Health Properties Cyclically Adjusted PS Ratio Related Terms
Primary Health Properties Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Primary Health 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.
Primary Health Properties Cyclically Adjusted PS Ratio Chart
PHPRF vs WELL, VTR, DOC: Cyclically Adjusted PS Ratio Comparison
For the REIT - Healthcare Facilities subindustry, Primary Health 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.
Primary Health Properties Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Primary Health Properties's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Primary Health Properties's Cyclically Adjusted PS Ratio falls into.
Primary Health 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.
* 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 9.77 mean?
Primary Health Properties (PHPRF) has a Cyclically Adjusted PS Ratio of 9.77 as of Jul. 05, 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 Primary Health Properties and its competitors. This is 13% below median its historical median of 11.17. Over the past decade, Primary Health Properties' Cyclically Adjusted PS Ratio has ranged from 8.63 to 20.98. According to the industry distribution chart, Primary Health Properties ranks #436 out of 556 companies in the REITs industry, placing it in the top 78.4%.
Is Primary Health Properties' Cyclically Adjusted PS Ratio too high?
Primary Health Properties' current Cyclically Adjusted PS Ratio of 9.77 is 13% below median its 10-year median of 11.17. Over the past 10 years, this metric has ranged from a low of 8.63 to a high of 20.98. The REITs industry median Cyclically Adjusted PS Ratio is 5.91. Primary Health Properties' value of 9.77 is 65.5% above this industry median. Based on the distribution chart, Primary Health Properties ranks #436 out of 556 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Primary Health Properties has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Primary Health Properties' Cyclically Adjusted PS Ratio compare to WELL and VTR?
According to the REITs industry distribution chart, Primary Health Properties ranks #436 out of 556 companies for Cyclically Adjusted PS Ratio. This places Primary Health Properties in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.91. Primary Health Properties' value of 9.77 is 65.5% above this benchmark. Historically, Primary Health Properties' own Cyclically Adjusted PS Ratio has ranged from 8.63 to 20.98 over the past decade. While the company's 10-year median is 11.17 vs. the industry median of 5.91, Primary Health Properties 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 556 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. Primary Health Properties's current Cyclically Adjusted PS Ratio of 9.77 is 65.5% 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 Primary Health Properties 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. Primary Health Properties's current Cyclically Adjusted PS Ratio is 9.77, which is 13% below median its own 10-year median of 11.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primary Health Properties stock overvalued right now?
Based on GuruFocus' analysis, Primary Health Properties (PHPRF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.45, compared to a current price of $1.27 — trading 63.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.77, which is 13% below median its 10-year median of 11.17 and 65.5% above the REITs industry median of 5.91. Primary Health Properties' overall GF Score™ is 62/100 with 5 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 Primary Health Properties (PHPRF), the current Cyclically Adjusted PS Ratio is 9.77 as of Jul. 05, 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 Primary Health Properties (PHPRF) Overvalued in 2026?
Based on GuruFocus' analysis, Primary Health Properties stock appears to be undervalued.
The current stock price of $1.27 is trading 63.2% below its estimated GF Value™ of $3.45.
GuruFocus considers Primary Health Properties to be Possible Value Trap.
Key valuation signals for PHPRF:
Cyclically Adjusted PS Ratio: 9.77 (13% below median its 10-year median of 11.17)
GF Value™: $3.45 vs. price of $1.27 (63.2% below fair value)
Industry Position: 65.5% above the REITs median (#436 of 556)
No single metric tells the full story. See the PHPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primary Health Properties PLC is a UK-based real estate investment trust. The company is engaged in making investments in integrated healthcare properties. Its services include Acquisition and development, Property management, Landlord and tenant, Asset management, and Finance. It seeks the generation of rental income and capital growth through investment in primary healthcare property in the United Kingdom and Ireland. It receives rental income on property investments.
62GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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