Tenet Healthcare (MIL:1THC) Cyclically Adjusted Revenue per Share: €200.47 (As of Jun. 2026)

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MIL:1THC Tenet Healthcare Corp MIL:1THC
48 GF Score
Price €222.00
GF Value €159.76
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tenet Healthcare Cyclically Adjusted Revenue per Share?

Tenet Healthcare MIL:1THC 48 Cyclically Adjusted Revenue per Share is €200.47 as of Jun. 2026. GuruFocus rates MIL:1THC with a GF Score™ of 48/100 and a GF Value™ of €159.76 (Significantly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Tenet Healthcare's adjusted revenue per share for the three months ended in Jun. 2026 was €62.450. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €200.47 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Tenet Healthcare's average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Tenet Healthcare was 12.00% per year. The lowest was -4.90% per year. And the median was 5.50% per year.

As of today (2026-08-01), Tenet Healthcare's current stock price is €222.00. Tenet Healthcare's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €200.47. Tenet Healthcare's Cyclically Adjusted PS Ratio of today is 1.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tenet Healthcare was 1.10. The lowest was 0.08. And the median was 0.28.


Tenet Healthcare  (MIL:1THC) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Tenet Healthcare's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=222.00/200.47
=1.11

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tenet Healthcare was 1.10. The lowest was 0.08. And the median was 0.28.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Tenet Healthcare Cyclically Adjusted Revenue per Share Related Terms


Tenet Healthcare Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Tenet Healthcare's Cyclically Adjusted Revenue per Share 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.

Tenet Healthcare Cyclically Adjusted Revenue per Share Chart

Tenet Healthcare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 212.60

Tenet Healthcare Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 190.31 189.14 212.60 238.55 200.47

MIL:1THC vs DVA, EHC, ENSG: Cyclically Adjusted Revenue per Share Comparison

For the Medical Care Facilities subindustry, Tenet Healthcare'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.


Tenet Healthcare Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

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

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


MIL:1THC
48GF Score
Tenet Healthcare Corp MIL:1THC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tenet Healthcare Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Tenet Healthcare's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=62.45/333.9520*333.9520
=62.450

Current CPI (Jun. 2026) = 333.9520.

Tenet Healthcare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 43.412 241.428 60.049
201612 46.233 241.432 63.950
201703 45.002 243.801 61.643
201706 42.478 244.955 57.911
201709 38.167 246.819 51.641
201712 41.671 246.524 56.449
201803 37.123 249.554 49.678
201806 37.025 251.989 49.068
201809 37.568 252.439 49.699
201812 38.995 251.233 51.834
201903 39.132 254.202 51.409
201906 38.571 256.143 50.288
201909 40.052 256.759 52.093
201912 41.571 256.974 54.024
202003 38.688 258.115 50.055
202006 30.683 257.797 39.747
202009 36.755 260.280 47.158
202012 36.515 260.474 46.816
202103 37.163 264.877 46.854
202106 37.873 271.696 46.551
202109 38.248 274.310 46.564
202112 39.467 278.802 47.274
202203 38.462 287.504 44.676
202206 40.345 296.311 45.470
202209 44.127 296.808 49.649
202212 44.777 296.797 50.382
202303 44.239 301.836 48.946
202306 44.768 305.109 49.000
202309 45.457 307.789 49.321
202312 47.507 306.746 51.721
202403 49.092 312.332 52.490
202406 48.203 314.175 51.237
202409 47.785 315.301 50.612
202412 50.482 315.605 53.417
202503 50.845 319.799 53.095
202506 49.787 322.561 51.545
202509 50.855 324.800 52.288
202512 53.688 324.054 55.328
202603 57.087 330.213 57.733
202606 62.450 333.952 62.450

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €200.47 mean?
Tenet Healthcare (MIL:1THC) has a Cyclically Adjusted Revenue per Share of €200.47 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tenet Healthcare and its competitors.
Is Tenet Healthcare's Cyclically Adjusted Revenue per Share too high?
Tenet Healthcare's current Cyclically Adjusted Revenue per Share is €200.47. Overall, Tenet Healthcare has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tenet Healthcare's Cyclically Adjusted Revenue per Share compare to DVA and EHC?
Tenet Healthcare's Cyclically Adjusted Revenue per Share of €200.47 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Healthcare Providers & Services company?
A good Cyclically Adjusted Revenue per Share depends on the Healthcare Providers & Services industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tenet Healthcare and its competitors. Tenet Healthcare's current Cyclically Adjusted Revenue per Share is €200.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenet Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Tenet Healthcare (MIL:1THC) is currently considered Significantly Overvalued. The stock's GF Value™ is €159.76, compared to a current price of €222.00 — trading 39% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €200.47. Tenet Healthcare's overall GF Score™ is 48/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Tenet Healthcare (MIL:1THC), the current Cyclically Adjusted Revenue per Share is €200.47 as of Jun. 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 Tenet Healthcare (MIL:1THC) Overvalued in 2026?

Based on GuruFocus' analysis, Tenet Healthcare stock appears to be overvalued. The current stock price of €222.00 is trading 39% above its estimated GF Value™ of €159.76. GuruFocus considers Tenet Healthcare to be Significantly Overvalued.

Key valuation signals for MIL:1THC:

  • Cyclically Adjusted Revenue per Share: €200.47
  • GF Value™: €159.76 vs. price of €222.00 (39% above fair value)
  • GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the MIL:1THC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenet Healthcare Business Description

Other Exchanges THC:USATHC1:Germany
Address 14201 Dallas Parkway, Dallas, TX, USA, 75254
Tenet Healthcare is a Dallas-based healthcare services organization. It operates acute and specialty hospitals (50 as of December 2025) and hundreds of ambulatory surgery centers and other outpatient facilities across the US, primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
48GF Score

Get the complete analysis for MIL:1THC

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

€222.00
Price
€159.76
GF Value