Alliance Healthcare Group (SGX:MIJ) Cyclically Adjusted PS Ratio: 0.63 (As of Sep. 12, 2026) — 26% Above Median

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SGX:MIJ Alliance Healthcare Group Ltd SGX:MIJ
67 GF Score
Price S$0.19
GF Value S$0.17
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Alliance Healthcare Group Cyclically Adjusted PS Ratio?

Alliance Healthcare Group SGX:MIJ 67 Cyclically Adjusted PS Ratio is 0.63 as of Sep. 12, 2026, which is 26% above its 10-year median of 0.50. GuruFocus rates SGX:MIJ with a GF Score™ of 67/100 and a GF Value™ of S$0.17 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 363 Healthcare Providers & Services companies, Alliance Healthcare Group ranks better than 68.87% on this metric.

As of today (2026-09-12), Alliance Healthcare Group's current share price is S$0.188. Alliance Healthcare Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun26 was S$0.30. Alliance Healthcare Group's Cyclically Adjusted PS Ratio for today is 0.63.

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

SGX:MIJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.5   Max: 0.63
Current: 0.63

During the past 11 years, Alliance Healthcare Group's highest Cyclically Adjusted PS Ratio was 0.63. The lowest was 0.38. And the median was 0.50.

SGX:MIJ's Cyclically Adjusted PS Ratio is ranked better than
68.87% of 363 companies
in the Healthcare Providers & Services industry
Industry Median: 1.18 vs SGX:MIJ: 0.63

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.

Alliance Healthcare Group's adjusted revenue per share data of for the fiscal year that ended in Jun26 was S$0.422. 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 S$0.30 for the trailing ten years ended in Jun26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alliance Healthcare Group  (SGX:MIJ) 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.


Alliance Healthcare Group Cyclically Adjusted PS Ratio Related Terms


Alliance Healthcare Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Alliance Healthcare Group'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.

Alliance Healthcare Group Cyclically Adjusted PS Ratio Chart

Alliance Healthcare Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.41 0.54

Alliance Healthcare Group Semi-Annual Data
Jun16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 0.00 0.41 0.00 0.54

SGX:MIJ vs HCA, THC, EHC: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, Alliance Healthcare Group'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.


Alliance Healthcare Group Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

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

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


SGX:MIJ
67GF Score
Alliance Healthcare Group Ltd SGX:MIJ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alliance Healthcare Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.188/0.30
=0.63

* 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.

Alliance Healthcare Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun26 is calculated as:

For example, Alliance Healthcare Group's adjusted Revenue per Share data for the fiscal year that ended in Jun26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun26 (Change)*Current CPI (Jun26)
=0.422/333.9520*333.9520
=0.422

Current CPI (Jun26) = 333.9520.

Alliance Healthcare Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201706 0.142 244.955 0.194
201806 0.163 251.989 0.216
201906 0.222 256.143 0.289
202006 0.206 257.797 0.267
202106 0.223 271.696 0.274
202206 0.264 296.311 0.298
202306 0.282 305.109 0.309
202406 0.330 314.175 0.351
202506 0.374 322.561 0.387
202606 0.422 333.952 0.422

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 0.63 mean?
Alliance Healthcare Group (SGX:MIJ) has a Cyclically Adjusted PS Ratio of 0.63 as of Sep. 12, 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 Alliance Healthcare Group and its competitors. This is 26% above median its historical median of 0.50. Over the past decade, Alliance Healthcare Group's Cyclically Adjusted PS Ratio has ranged from 0.38 to 0.63. According to the industry distribution chart, Alliance Healthcare Group ranks #113 out of 363 companies in the Healthcare Providers & Services industry, placing it in the top 31.1%.
Is Alliance Healthcare Group's Cyclically Adjusted PS Ratio too high?
Alliance Healthcare Group's current Cyclically Adjusted PS Ratio of 0.63 is 26% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.63. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.18. Alliance Healthcare Group's value of 0.63 is 46.6% below this industry median. Based on the distribution chart, Alliance Healthcare Group ranks #113 out of 363 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Alliance Healthcare Group has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alliance Healthcare Group's Cyclically Adjusted PS Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Alliance Healthcare Group ranks #113 out of 363 companies for Cyclically Adjusted PS Ratio. This puts Alliance Healthcare Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.18. Alliance Healthcare Group's value of 0.63 is 46.6% below this benchmark. Historically, Alliance Healthcare Group's own Cyclically Adjusted PS Ratio has ranged from 0.38 to 0.63 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.18, Alliance Healthcare Group 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 1.18, based on 363 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. Alliance Healthcare Group's current Cyclically Adjusted PS Ratio of 0.63 is 46.6% 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 Alliance Healthcare Group and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliance Healthcare Group's current Cyclically Adjusted PS Ratio is 0.63, which is 26% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliance Healthcare Group stock overvalued right now?
Based on GuruFocus' analysis, Alliance Healthcare Group (SGX:MIJ) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.17, compared to a current price of S$0.19 — trading 10.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.63, which is 26% above median its 10-year median of 0.50 and 46.6% below the Healthcare Providers & Services industry median of 1.18. Alliance Healthcare Group's overall GF Score™ is 67/100 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 Alliance Healthcare Group (SGX:MIJ), the current Cyclically Adjusted PS Ratio is 0.63 as of Sep. 12, 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 Alliance Healthcare Group (SGX:MIJ) Overvalued in 2026?

Based on GuruFocus' analysis, Alliance Healthcare Group stock appears to be overvalued. The current stock price of S$0.19 is trading 10.6% above its estimated GF Value™ of S$0.17. GuruFocus considers Alliance Healthcare Group to be Modestly Overvalued.

Key valuation signals for SGX:MIJ:

  • Cyclically Adjusted PS Ratio: 0.63 (26% above median its 10-year median of 0.50)
  • GF Value™: S$0.17 vs. price of S$0.19 (10.6% above fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 46.6% below the Healthcare Providers & Services median (#113 of 363)

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


Alliance Healthcare Group Business Description

Address 25 Bukit Batok Crescent, No.07-12 The Elitist, Singapore, SGP, 658066
Alliance Healthcare Group Ltd is engaged in investment holding and health-related services. Its segments include GP clinic services providing primary healthcare by general practitioners, specialist care services by medical specialists, and managed healthcare solutions delivering healthcare to employees of corporations. The pharmaceutical services segment wholesales medicines, health supplements, and medical devices. The mobile and digital health services segment offers medical care through mobile and home services. The others segment includes investment holding and administrative services. The company generates the majority of its revenue from pharmaceutical services. The company generates the majority of its revenue from Singapore and has a presence in Europe and the Asia Pacific region.
67GF Score

Get the complete analysis for SGX:MIJ

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

S$0.19
Price
S$0.17
GF Value