UTHR (United Therapeutics) Cyclically Adjusted PS Ratio: 10.78 (As of Jul. 11, 2026) — 83% Above Median


UTHR United Therapeutics Corp UTHR
88 GF Score
Price $547.06
GF Value $387.00
Valuation Significantly Overvalued
! 7 Warning Signs
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What is United Therapeutics Cyclically Adjusted PS Ratio?

United Therapeutics UTHR -0.98% 88 Cyclically Adjusted PS Ratio is 10.78 as of Jul. 11, 2026, which is 83% above its 10-year median of 5.90. GuruFocus rates UTHR with a GF Score™ of 88/100 and a GF Value™ of $387.00 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 750 Drug Manufacturers companies, United Therapeutics ranks worse than 91.87% on this metric.

As of today (2026-07-11), United Therapeutics's current share price is $547.06. United Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $50.77. United Therapeutics's Cyclically Adjusted PS Ratio for today is 10.78.

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

UTHR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.88   Med: 5.9   Max: 11.59
Current: 10.88

During the past years, United Therapeutics's highest Cyclically Adjusted PS Ratio was 11.59. The lowest was 2.88. And the median was 5.90.

UTHR's Cyclically Adjusted PS Ratio is ranked worse than
91.87% of 750 companies
in the Drug Manufacturers industry
Industry Median: 2.01 vs UTHR: 10.88

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.

United Therapeutics's adjusted revenue per share data for the three months ended in Mar. 2026 was $16.557. 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 $50.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Therapeutics  (NAS:UTHR) 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.


United Therapeutics Cyclically Adjusted PS Ratio Related Terms


United Therapeutics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for United Therapeutics'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.

United Therapeutics Cyclically Adjusted PS Ratio Chart

United Therapeutics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.31 7.27 5.30 7.78 9.90

United Therapeutics 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 6.61 6.01 8.59 9.90 11.68

UTHR vs VTRS, NBIX, ZTS: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, United Therapeutics'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.


United Therapeutics Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, United Therapeutics's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where United Therapeutics's Cyclically Adjusted PS Ratio falls into.


UTHR
88GF Score
United Therapeutics Corp UTHR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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United Therapeutics 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.

United Therapeutics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=547.06/50.77
=10.78

* 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.

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

For example, United Therapeutics'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)
=16.557/330.2130*330.2130
=16.557

Current CPI (Mar. 2026) = 330.2130.

United Therapeutics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.797 241.018 12.053
201609 8.835 241.428 12.084
201612 9.029 241.432 12.349
201703 8.072 243.801 10.933
201706 9.902 244.955 13.348
201709 10.102 246.819 13.515
201712 10.561 246.524 14.146
201803 8.866 249.554 11.732
201806 10.242 251.989 13.421
201809 9.380 252.439 12.270
201812 8.668 251.233 11.393
201903 8.297 254.202 10.778
201906 8.491 256.143 10.946
201909 9.125 256.759 11.735
201912 7.103 256.974 9.127
202003 8.079 258.115 10.336
202006 8.153 257.797 10.443
202009 8.522 260.280 10.812
202012 8.515 260.474 10.795
202103 8.170 264.877 10.185
202106 9.440 271.696 11.473
202109 9.342 274.310 11.246
202112 8.668 278.802 10.266
202203 9.683 287.504 11.121
202206 9.707 296.311 10.818
202209 10.595 296.808 11.787
202212 9.949 296.797 11.069
202303 10.220 301.836 11.181
202306 12.051 305.109 13.043
202309 12.262 307.789 13.155
202312 12.294 306.746 13.235
202403 13.636 312.332 14.417
202406 15.051 314.175 15.819
202409 15.473 315.301 16.205
202412 15.173 315.605 15.875
202503 16.346 319.799 16.878
202506 16.534 322.561 16.926
202509 16.903 324.800 17.185
202512 16.706 324.054 17.024
202603 16.557 330.213 16.557

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 10.78 mean?
United Therapeutics (UTHR) has a Cyclically Adjusted PS Ratio of 10.78 as of Jul. 11, 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 United Therapeutics and its competitors. This is 83% above median its historical median of 5.90. Over the past decade, United Therapeutics' Cyclically Adjusted PS Ratio has ranged from 2.88 to 11.59. According to the industry distribution chart, United Therapeutics ranks #689 out of 750 companies in the Drug Manufacturers industry, placing it in the top 91.9%.
Is United Therapeutics' Cyclically Adjusted PS Ratio too high?
United Therapeutics' current Cyclically Adjusted PS Ratio of 10.78 is 83% above median its 10-year median of 5.90. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 11.59. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.01. United Therapeutics' value of 10.78 is 436.3% above this industry median. Based on the distribution chart, United Therapeutics ranks #689 out of 750 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, United Therapeutics has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Therapeutics' Cyclically Adjusted PS Ratio compare to VTRS and NBIX?
According to the Drug Manufacturers industry distribution chart, United Therapeutics ranks #689 out of 750 companies for Cyclically Adjusted PS Ratio. This places United Therapeutics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.01. United Therapeutics' value of 10.78 is 436.3% above this benchmark. Historically, United Therapeutics' own Cyclically Adjusted PS Ratio has ranged from 2.88 to 11.59 over the past decade. While the company's 10-year median is 5.90 vs. the industry median of 2.01, United Therapeutics 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.01, based on 750 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. United Therapeutics's current Cyclically Adjusted PS Ratio of 10.78 is 436.3% 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 United Therapeutics and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Therapeutics's current Cyclically Adjusted PS Ratio is 10.78, which is 83% above median its own 10-year median of 5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, United Therapeutics (UTHR) is currently considered Significantly Overvalued. The stock's GF Value™ is $387.00, compared to a current price of $547.06 — trading 41.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.78, which is 83% above median its 10-year median of 5.90 and 436.3% above the Drug Manufacturers industry median of 2.01. United Therapeutics' overall GF Score™ is 88/100 with 7 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 United Therapeutics (UTHR), the current Cyclically Adjusted PS Ratio is 10.78 as of Jul. 11, 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 United Therapeutics (UTHR) Overvalued in 2026?

Based on GuruFocus' analysis, United Therapeutics stock appears to be overvalued. The current stock price of $547.06 is trading 41.4% above its estimated GF Value™ of $387.00. GuruFocus considers United Therapeutics to be Significantly Overvalued.

Key valuation signals for UTHR:

  • Cyclically Adjusted PS Ratio: 10.78 (83% above median its 10-year median of 5.90)
  • GF Value™: $387.00 vs. price of $547.06 (41.4% above fair value)
  • GF Score™: 88/100 with 7 warning signs
  • Industry Position: 436.3% above the Drug Manufacturers median (#689 of 750)

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


United Therapeutics Business Description

Other Exchanges UTH:GermanyU2TH34:Brazil
Address 1000 Spring Street, Silver Spring, MD, USA, 20910
United Therapeutics Corp specializes in drug development for pulmonary arterial hypertension (PAH), a rare and progressive disease marked by abnormally high blood pressure in the arteries of the lungs. The company's therapies for PAH largely focus on the prostacyclin pathway, and many of its treatments are based on the same molecule, treprostinil. The company markets and sells the following commercial therapies in the United States to treat PAH: Tyvaso DPI (treprostinil) Inhalation Powder, Remodulin Injection, Orenitram (treprostinil) Extended-Release Tablets, Adcirca (tadalafil) Tablets, and Unituxin. It derives maximum revenue from the sale of Tyvaso DPI. Geographically, the company operates in United States and Rest of the World, of which United States generates majority of the revenue.
88GF 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.

$547.06
Price
$387.00
GF Value