AMN (AMN Healthcare Services) Shiller PE Ratio: 9.92 (As of Aug. 30, 2026) — 77% Below Median

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AMN AMN Healthcare Services Inc AMN
63 GF Score
Price $34.62
GF Value $29.79
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is AMN Healthcare Services Shiller PE Ratio?

AMN Healthcare Services AMN -1.31% 63 Shiller PE Ratio is 9.92 as of Aug. 30, 2026, which is 77% below its 10-year median of 43.39. GuruFocus rates AMN with a GF Score™ of 63/100 and a GF Value™ of $29.79 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 241 Healthcare Providers & Services companies, AMN Healthcare Services ranks better than 86.72% on this metric.

As of today (2026-08-30), AMN Healthcare Services's current share price is $34.62. AMN Healthcare Services's E10 for the quarter that ended in Jun. 2026 was $3.49. AMN Healthcare Services's Shiller PE Ratio for today is 9.92.

The historical rank and industry rank for AMN Healthcare Services's Shiller PE Ratio or its related term are showing as below:

AMN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.55   Med: 43.39   Max: 302.08
Current: 9.92

During the past years, AMN Healthcare Services's highest Shiller PE Ratio was 302.08. The lowest was 4.55. And the median was 43.39.

AMN's Shiller PE Ratio is ranked better than
86.72% of 241 companies
in the Healthcare Providers & Services industry
Industry Median: 23.99 vs AMN: 9.92

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.

AMN Healthcare Services's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMN Healthcare Services  (NYSE:AMN) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


AMN Healthcare Services Shiller PE Ratio Related Terms


AMN Healthcare Services Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for AMN Healthcare Services's Shiller PE 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.

AMN Healthcare Services Shiller PE Ratio Chart

AMN Healthcare Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.02 29.37 18.44 6.46 4.75

AMN Healthcare Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 6.08 5.69 4.75 5.29 9.28

AMN vs USPH, PNTG, ARDT: Shiller PE Ratio Comparison

For the Medical Care Facilities subindustry, AMN Healthcare Services's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


AMN Healthcare Services Shiller PE Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AMN Healthcare Services's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AMN Healthcare Services's Shiller PE Ratio falls into.


AMN
63GF Score
AMN Healthcare Services Inc AMN
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AMN Healthcare Services Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

AMN Healthcare Services's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=34.62/3.49
=9.92

* 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.

AMN Healthcare Services's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, AMN Healthcare Services's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.53/333.9520*333.9520
=0.530

Current CPI (Jun. 2026) = 333.9520.

AMN Healthcare Services Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.550 241.428 0.761
201612 0.540 241.432 0.747
201703 0.650 243.801 0.890
201706 0.630 244.955 0.859
201709 0.570 246.819 0.771
201712 0.840 246.524 1.138
201803 0.870 249.554 1.164
201806 0.730 251.989 0.967
201809 0.580 252.439 0.767
201812 0.740 251.233 0.984
201903 0.710 254.202 0.933
201906 0.610 256.143 0.795
201909 0.490 256.759 0.637
201912 0.580 256.974 0.754
202003 0.270 258.115 0.349
202006 0.470 257.797 0.609
202009 0.550 260.280 0.706
202012 0.190 260.474 0.244
202103 1.470 264.877 1.853
202106 1.390 271.696 1.709
202109 1.540 274.310 1.875
202112 2.420 278.802 2.899
202203 3.090 287.504 3.589
202206 2.770 296.311 3.122
202209 2.100 296.808 2.363
202212 1.880 296.797 2.115
202303 2.020 301.836 2.235
202306 1.550 305.109 1.697
202309 1.390 307.789 1.508
202312 0.330 306.746 0.359
202403 0.450 312.332 0.481
202406 0.420 314.175 0.446
202409 0.180 315.301 0.191
202412 -4.900 315.605 -5.185
202503 -0.030 319.799 -0.031
202506 -3.020 322.561 -3.127
202509 0.760 324.800 0.781
202512 -0.200 324.054 -0.206
202603 1.590 330.213 1.608
202606 0.530 333.952 0.530

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 9.92 mean?
AMN Healthcare Services (AMN) has a Shiller PE Ratio of 9.92 as of Aug. 30, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on AMN Healthcare Services and its competitors. This is 77% below median its historical median of 43.39. Over the past decade, AMN Healthcare Services' Shiller PE Ratio has ranged from 4.55 to 302.08. According to the industry distribution chart, AMN Healthcare Services ranks #32 out of 241 companies in the Healthcare Providers & Services industry, placing it in the top 13.3%.
Is AMN Healthcare Services' Shiller PE Ratio too high?
AMN Healthcare Services' current Shiller PE Ratio of 9.92 is 77% below median its 10-year median of 43.39. Over the past 10 years, this metric has ranged from a low of 4.55 to a high of 302.08. The Healthcare Providers & Services industry median Shiller PE Ratio is 23.99. AMN Healthcare Services' value of 9.92 is 58.6% below this industry median. Based on the distribution chart, AMN Healthcare Services ranks #32 out of 241 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, AMN Healthcare Services has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AMN Healthcare Services' Shiller PE Ratio compare to USPH and PNTG?
According to the Healthcare Providers & Services industry distribution chart, AMN Healthcare Services ranks #32 out of 241 companies for Shiller PE Ratio. This places AMN Healthcare Services in the top 13% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 23.99. AMN Healthcare Services' value of 9.92 is 58.6% below this benchmark. Historically, AMN Healthcare Services' own Shiller PE Ratio has ranged from 4.55 to 302.08 over the past decade. While the company's 10-year median is 43.39 vs. the industry median of 23.99, AMN Healthcare Services 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 Shiller PE Ratio for a Healthcare Providers & Services company?
The median Shiller PE Ratio among Healthcare Providers & Services companies is 23.99, based on 241 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AMN Healthcare Services's current Shiller PE Ratio of 9.92 is 58.6% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on AMN Healthcare Services and its competitors. For the Healthcare Providers & Services industry, the median Shiller PE Ratio is 23.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMN Healthcare Services's current Shiller PE Ratio is 9.92, which is 77% below median its own 10-year median of 43.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMN Healthcare Services stock overvalued right now?
Based on GuruFocus' analysis, AMN Healthcare Services (AMN) is currently considered Modestly Overvalued. The stock's GF Value™ is $29.79, compared to a current price of $34.62 — trading 16.2% above its estimated fair value. The current Shiller PE Ratio is 9.92, which is 77% below median its 10-year median of 43.39 and 58.6% below the Healthcare Providers & Services industry median of 23.99. AMN Healthcare Services' overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For AMN Healthcare Services (AMN), the current Shiller PE Ratio is 9.92 as of Aug. 30, 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 AMN Healthcare Services (AMN) Overvalued in 2026?

Based on GuruFocus' analysis, AMN Healthcare Services stock appears to be overvalued. The current stock price of $34.62 is trading 16.2% above its estimated GF Value™ of $29.79. GuruFocus considers AMN Healthcare Services to be Modestly Overvalued.

Key valuation signals for AMN:

  • Shiller PE Ratio: 9.92 (77% below median its 10-year median of 43.39)
  • GF Value™: $29.79 vs. price of $34.62 (16.2% above fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 58.6% below the Healthcare Providers & Services median (#32 of 241)

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


AMN Healthcare Services Business Description

Other Exchanges HCQ:Germany
Address 2999 Olympus Boulevard, Suite 500, Dallas, TX, USA, 75019
AMN Healthcare Services Inc provides healthcare workforce solutions and staffing services in the United States. Its comprehensive suite of talent solutions provides management, staffing, recruitment, language services, technology, predictive and market analytics, and related services to build and manage all or parts of the clients' healthcare workforce needs. Its reportable segments are: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. A majority of its revenue is generated from the Nurse and Allied Solutions segment, which includes the company's travel nurse staffing, labor disruption staffing, local staffing, international nurse permanent placement, and allied staffing (including revenue cycle solutions) businesses.
63GF Score

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

$34.62
Price
$29.79
GF Value