WELL Health Technologies (TSX:WELL) Cyclically Adjusted PS Ratio: 1.83 (As of Jul. 24, 2026) — 51% Below Median

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TSX:WELL WELL Health Technologies Corp TSX:WELL
75 GF Score
Price C$3.96
GF Value C$7.33
Valuation Possible Value Trap
! 6 Warning Signs
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What is WELL Health Technologies Cyclically Adjusted PS Ratio?

WELL Health Technologies TSX:WELL 75 Cyclically Adjusted PS Ratio is 1.83 as of Jul. 24, 2026, which is 51% below its 10-year median of 3.71. GuruFocus rates TSX:WELL with a GF Score™ of 75/100 and a GF Value™ of C$7.33 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 357 Healthcare Providers & Services companies, WELL Health Technologies ranks worse than 64.71% on this metric.

As of today (2026-07-24), WELL Health Technologies's current share price is C$3.96. WELL Health Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$2.16. WELL Health Technologies's Cyclically Adjusted PS Ratio for today is 1.83.

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

TSX:WELL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.75   Med: 3.71   Max: 33.46
Current: 1.94

During the past years, WELL Health Technologies's highest Cyclically Adjusted PS Ratio was 33.46. The lowest was 1.75. And the median was 3.71.

TSX:WELL's Cyclically Adjusted PS Ratio is ranked worse than
64.71% of 357 companies
in the Healthcare Providers & Services industry
Industry Median: 1.13 vs TSX:WELL: 1.94

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.

WELL Health Technologies's adjusted revenue per share data for the three months ended in Mar. 2026 was C$1.445. 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 C$2.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


WELL Health Technologies  (TSX:WELL) 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.


WELL Health Technologies Cyclically Adjusted PS Ratio Related Terms


WELL Health Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for WELL Health Technologies'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.

WELL Health Technologies Cyclically Adjusted PS Ratio Chart

WELL Health Technologies Annual Data
Trend Oct16 Oct17 Oct18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.15 3.30 3.12 4.41 1.97

WELL Health Technologies 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 2.48 2.26 2.69 1.97 1.78

TSX:WELL vs HCA, THC, DVA: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, WELL Health Technologies'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.


WELL Health Technologies Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

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

* The bar in red indicates where WELL Health Technologies's Cyclically Adjusted PS Ratio falls into.


TSX:WELL
75GF Score
WELL Health Technologies Corp TSX:WELL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WELL Health Technologies 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.

WELL Health Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.96/2.16
=1.83

* 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.

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

For example, WELL Health Technologies'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)
=1.445/132.2623*132.2623
=1.445

Current CPI (Mar. 2026) = 132.2623.

WELL Health Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201604 0.007 101.370 0.009
201607 0.010 101.844 0.013
201610 0.008 102.002 0.010
201701 0.007 102.318 0.009
201704 0.000 103.029 0.000
201707 0.000 103.029 0.000
201710 0.000 103.424 0.000
201801 0.003 104.056 0.004
201804 0.034 105.320 0.043
201807 0.027 106.110 0.034
201810 0.024 105.952 0.030
201903 0.086 106.979 0.106
201906 0.078 107.690 0.096
201909 0.084 107.611 0.103
201912 0.088 107.769 0.108
202003 0.087 107.927 0.107
202006 0.084 108.401 0.102
202009 0.091 108.164 0.111
202012 0.110 108.559 0.134
202103 0.157 110.298 0.188
202106 0.329 111.720 0.389
202109 0.487 112.905 0.570
202112 0.555 113.774 0.645
202203 0.602 117.646 0.677
202206 0.649 120.806 0.711
202209 0.643 120.648 0.705
202212 0.682 120.964 0.746
202303 0.730 122.702 0.787
202306 0.726 124.203 0.773
202309 0.859 125.230 0.907
202312 0.962 125.072 1.017
202403 0.883 126.258 0.925
202406 0.891 127.522 0.924
202409 0.941 127.285 0.978
202412 0.921 127.364 0.956
202503 1.174 129.181 1.202
202506 1.386 129.892 1.411
202509 1.417 130.287 1.438
202512 1.504 130.366 1.526
202603 1.445 132.262 1.445

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 1.83 mean?
WELL Health Technologies (TSX:WELL) has a Cyclically Adjusted PS Ratio of 1.83 as of Jul. 24, 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 WELL Health Technologies and its competitors. This is 51% below median its historical median of 3.71. Over the past decade, WELL Health Technologies' Cyclically Adjusted PS Ratio has ranged from 1.75 to 33.46. According to the industry distribution chart, WELL Health Technologies ranks #231 out of 357 companies in the Healthcare Providers & Services industry, placing it in the top 64.7%.
Is WELL Health Technologies' Cyclically Adjusted PS Ratio too high?
WELL Health Technologies' current Cyclically Adjusted PS Ratio of 1.83 is 51% below median its 10-year median of 3.71. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 33.46. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.13. WELL Health Technologies' value of 1.83 is 61.9% above this industry median. Based on the distribution chart, WELL Health Technologies ranks #231 out of 357 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, WELL Health Technologies has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WELL Health Technologies' Cyclically Adjusted PS Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, WELL Health Technologies ranks #231 out of 357 companies for Cyclically Adjusted PS Ratio. This places WELL Health Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.13. WELL Health Technologies' value of 1.83 is 61.9% above this benchmark. Historically, WELL Health Technologies' own Cyclically Adjusted PS Ratio has ranged from 1.75 to 33.46 over the past decade. While the company's 10-year median is 3.71 vs. the industry median of 1.13, WELL Health Technologies 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 357 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. WELL Health Technologies's current Cyclically Adjusted PS Ratio of 1.83 is 61.9% 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 WELL Health Technologies 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. WELL Health Technologies's current Cyclically Adjusted PS Ratio is 1.83, which is 51% below median its own 10-year median of 3.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WELL Health Technologies stock overvalued right now?
Based on GuruFocus' analysis, WELL Health Technologies (TSX:WELL) is currently considered Possible Value Trap. The stock's GF Value™ is C$7.33, compared to a current price of C$3.96 — trading 46% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.83, which is 51% below median its 10-year median of 3.71 and 61.9% above the Healthcare Providers & Services industry median of 1.13. WELL Health Technologies' overall GF Score™ is 75/100 with 6 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 WELL Health Technologies (TSX:WELL), the current Cyclically Adjusted PS Ratio is 1.83 as of Jul. 24, 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 WELL Health Technologies (TSX:WELL) Overvalued in 2026?

Based on GuruFocus' analysis, WELL Health Technologies stock appears to be undervalued. The current stock price of C$3.96 is trading 46% below its estimated GF Value™ of C$7.33. GuruFocus considers WELL Health Technologies to be Possible Value Trap.

Key valuation signals for TSX:WELL:

  • Cyclically Adjusted PS Ratio: 1.83 (51% below median its 10-year median of 3.71)
  • GF Value™: C$7.33 vs. price of C$3.96 (46% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 61.9% above the Healthcare Providers & Services median (#231 of 357)

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


WELL Health Technologies Business Description

Other Exchanges WHTCF:USAW7V:Germany
Address 375 Water Street, Suite 550, Vancouver, BC, CAN, V6B 5C6
WELL Health Technologies Corp is a practitioner-focused digital healthcare company. It has seven reportable segments that are grouped into three key business units: Canadian Patient Services that includes Primary and Specialized MyHealth; WELL Health USA Patient Services, which derives maximum revenue, includes Primary Circle Medica, Primary WISP, Specialized CRH Medical, and Specialized Provider Staffing; SaaS and Technology Services provides digital health and infrastructure solutions for healthcare providers, including Electronic MedicalRecords (EMRs), patient engagement and eReferral solutions, AI-enabled applications, billing and practice management services, and cybersecurity protection and data privacy solutions; and HEALWELL: AI and data sciences and healthcare software offerings.
75GF Score

Get the complete analysis for TSX:WELL

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

C$3.96
Price
C$7.33
GF Value