ULH (Universal Logistics Holdings) Cyclically Adjusted Revenue per Share: $68.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ULH Universal Logistics Holdings Inc ULH
57 GF Score
Price $14.29
GF Value $23.49
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Universal Logistics Holdings Cyclically Adjusted Revenue per Share?

Universal Logistics Holdings ULH -1.92% 57 Cyclically Adjusted Revenue per Share is $68.00 as of Mar. 2026. GuruFocus rates ULH with a GF Score™ of 57/100 and a GF Value™ of $23.49 (Possible Value Trap). The stock has 7 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.

Universal Logistics Holdings's adjusted revenue per share for the three months ended in Mar. 2026 was $13.948. 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 $68.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Universal Logistics Holdings's average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% 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 Universal Logistics Holdings was 8.40% per year. The lowest was -0.20% per year. And the median was 2.20% per year.

As of today (2026-07-17), Universal Logistics Holdings's current stock price is $14.29. Universal Logistics Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $68.00. Universal Logistics Holdings's Cyclically Adjusted PS Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Universal Logistics Holdings was 0.82. The lowest was 0.19. And the median was 0.44.


Universal Logistics Holdings  (NAS:ULH) 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.

Universal Logistics Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.29/68.00
=0.21

* 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 Universal Logistics Holdings was 0.82. The lowest was 0.19. And the median was 0.44.


Be Aware

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


Universal Logistics Holdings Cyclically Adjusted Revenue per Share Related Terms


Universal Logistics Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Universal Logistics Holdings'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.

Universal Logistics Holdings Cyclically Adjusted Revenue per Share Chart

Universal Logistics Holdings 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 50.48 56.96 60.72 64.23 66.61

Universal Logistics Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 65.34 66.07 66.68 66.61 68.00

ULH vs PAMT, TOPP, ETS: Cyclically Adjusted Revenue per Share Comparison

For the Trucking subindustry, Universal Logistics Holdings'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.


Universal Logistics Holdings Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Universal Logistics Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Universal Logistics Holdings's Cyclically Adjusted PS Ratio falls into.


ULH
57GF Score
Universal Logistics Holdings Inc ULH
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Universal Logistics Holdings 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, Universal Logistics Holdings'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)
=13.948/330.2130*330.2130
=13.948

Current CPI (Mar. 2026) = 330.2130.

Universal Logistics Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.742 241.018 13.347
201609 9.555 241.428 13.069
201612 9.293 241.432 12.710
201703 10.003 243.801 13.548
201706 10.730 244.955 14.465
201709 11.004 246.819 14.722
201712 11.060 246.524 14.815
201803 11.803 249.554 15.618
201806 12.884 251.989 16.884
201809 13.183 252.439 17.245
201812 13.618 251.233 17.899
201903 13.298 254.202 17.274
201906 13.499 256.143 17.403
201909 13.285 256.759 17.086
201912 13.795 256.974 17.727
202003 14.038 258.115 17.959
202006 9.584 257.797 12.276
202009 13.557 260.280 17.200
202012 14.331 260.474 18.168
202103 15.419 264.877 19.222
202106 15.696 271.696 19.077
202109 16.548 274.310 19.920
202112 17.360 278.802 20.561
202203 19.500 287.504 22.397
202206 19.918 296.311 22.197
202209 19.221 296.808 21.384
202212 17.440 296.797 19.404
202303 16.622 301.836 18.185
202306 15.682 305.109 16.972
202309 16.011 307.789 17.177
202312 14.864 306.746 16.001
202403 18.684 312.332 19.754
202406 17.538 314.175 18.433
202409 16.197 315.301 16.963
202412 17.647 315.605 18.464
202503 14.514 319.799 14.987
202506 14.950 322.561 15.305
202509 15.064 324.800 15.315
202512 14.637 324.054 14.915
202603 13.948 330.213 13.948

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 $68.00 mean?
Universal Logistics Holdings (ULH) has a Cyclically Adjusted Revenue per Share of $68.00 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Universal Logistics Holdings and its competitors.
Is Universal Logistics Holdings' Cyclically Adjusted Revenue per Share too high?
Universal Logistics Holdings' current Cyclically Adjusted Revenue per Share is $68.00. Overall, Universal Logistics Holdings has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Universal Logistics Holdings' Cyclically Adjusted Revenue per Share compare to PAMT and TOPP?
Universal Logistics Holdings' Cyclically Adjusted Revenue per Share of $68.00 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation 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 Universal Logistics Holdings and its competitors. Universal Logistics Holdings's current Cyclically Adjusted Revenue per Share is $68.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Logistics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Universal Logistics Holdings (ULH) is currently considered Possible Value Trap. The stock's GF Value™ is $23.49, compared to a current price of $14.29 — trading 39.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $68.00. Universal Logistics Holdings' overall GF Score™ is 57/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Universal Logistics Holdings (ULH), the current Cyclically Adjusted Revenue per Share is $68.00 as of Mar. 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 Universal Logistics Holdings (ULH) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Logistics Holdings stock appears to be undervalued. The current stock price of $14.29 is trading 39.2% below its estimated GF Value™ of $23.49. GuruFocus considers Universal Logistics Holdings to be Possible Value Trap.

Key valuation signals for ULH:

  • Cyclically Adjusted Revenue per Share: $68.00
  • GF Value™: $23.49 vs. price of $14.29 (39.2% below fair value)
  • GF Score™: 57/100 with 7 warning signs

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


Universal Logistics Holdings Business Description

Address 12755 East Nine Mile Road, Warren, MI, USA, 48089
Universal Logistics Holdings Inc is an asset-light provider of customized transportation and logistics solutions throughout the United States, and in Mexico, Canada, and Colombia. It offers services such as truckload, brokerage, intermodal, dedicated, and value-added services. The firm has three reportable segments, namely contract logistics, intermodal, and trucking. The company generates the key revenue from Contract Logistics, which provides value-added and dedicated transportation services to support inbound and internal logistics requirements of industrial manufacturers and retailers, generally under contractual arrangements of one year or longer. Geographically, the firm generates the majority of its revenue from the United States, followed by Mexico, Canada, and Colombia.
57GF Score

Get the complete analysis for ULH

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

$14.29
Price
$23.49
GF Value