HSTM (HealthStream) Shiller PE Ratio: 48.48 (As of Sep. 14, 2026) — 16% Below Median

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HSTM HealthStream Inc HSTM
88 GF Score
Price $29.09
GF Value $31.77
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is HealthStream Shiller PE Ratio?

HealthStream HSTM +0.83% 88 Shiller PE Ratio is 48.48 as of Sep. 14, 2026, which is 16% below its 10-year median of 57.84. GuruFocus rates HSTM with a GF Score™ of 88/100 and a GF Value™ of $31.77 (Fairly Valued). The stock has 5 warning signs investors should review. Among 245 Healthcare Providers & Services companies, HealthStream ranks worse than 81.63% on this metric.

As of today (2026-09-14), HealthStream's current share price is $29.09. HealthStream's E10 for the quarter that ended in Jun. 2026 was $0.60. HealthStream's Shiller PE Ratio for today is 48.48.

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

HSTM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 34.88   Med: 57.84   Max: 99.65
Current: 48.74

During the past years, HealthStream's highest Shiller PE Ratio was 99.65. The lowest was 34.88. And the median was 57.84.

HSTM's Shiller PE Ratio is ranked worse than
81.63% of 245 companies
in the Healthcare Providers & Services industry
Industry Median: 22.64 vs HSTM: 48.74

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.

HealthStream's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.60 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


HealthStream  (NAS:HSTM) 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.


HealthStream Shiller PE Ratio Related Terms


HealthStream Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for HealthStream'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.

HealthStream Shiller PE Ratio Chart

HealthStream 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 62.01 54.51 56.11 61.87 42.00

HealthStream 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 51.53 51.36 42.00 36.15 45.66

HSTM vs TALK, PHR, SOPH: Shiller PE Ratio Comparison

For the Health Information Services subindustry, HealthStream'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.


HealthStream Shiller PE Ratio vs Healthcare Providers & Services Industry

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

* The bar in red indicates where HealthStream's Shiller PE Ratio falls into.


HSTM
88GF Score
HealthStream Inc HSTM
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HealthStream 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.

HealthStream's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=29.09/0.60
=48.48

* 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.

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

For example, HealthStream'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)
=0.23/333.9520*333.9520
=0.230

Current CPI (Jun. 2026) = 333.9520.

HealthStream Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.040 241.428 0.055
201612 -0.010 241.432 -0.014
201703 0.040 243.801 0.055
201706 0.070 244.955 0.095
201709 0.080 246.819 0.108
201712 0.120 246.524 0.163
201803 0.740 249.554 0.990
201806 0.080 251.989 0.106
201809 0.090 252.439 0.119
201812 0.090 251.233 0.120
201903 0.180 254.202 0.236
201906 0.070 256.143 0.091
201909 0.110 256.759 0.143
201912 0.110 256.974 0.143
202003 0.220 258.115 0.285
202006 0.110 257.797 0.142
202009 0.080 260.280 0.103
202012 0.030 260.474 0.038
202103 0.070 264.877 0.088
202106 0.080 271.696 0.098
202109 0.050 274.310 0.061
202112 -0.010 278.802 -0.012
202203 0.090 287.504 0.105
202206 0.100 296.311 0.113
202209 0.120 296.808 0.135
202212 0.080 296.797 0.090
202303 0.090 301.836 0.100
202306 0.130 305.109 0.142
202309 0.130 307.789 0.141
202312 0.150 306.746 0.163
202403 0.170 312.332 0.182
202406 0.140 314.175 0.149
202409 0.190 315.301 0.201
202412 0.160 315.605 0.169
202503 0.140 319.799 0.146
202506 0.180 322.561 0.186
202509 0.200 324.800 0.206
202512 0.090 324.054 0.093
202603 0.200 330.213 0.202
202606 0.230 333.952 0.230

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 48.48 mean?
HealthStream (HSTM) has a Shiller PE Ratio of 48.48 as of Sep. 14, 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 HealthStream and its competitors. This is 16% below median its historical median of 57.84. Over the past decade, HealthStream's Shiller PE Ratio has ranged from 34.88 to 99.65. According to the industry distribution chart, HealthStream ranks #200 out of 245 companies in the Healthcare Providers & Services industry, placing it in the top 81.6%.
Is HealthStream's Shiller PE Ratio too high?
HealthStream's current Shiller PE Ratio of 48.48 is 16% below median its 10-year median of 57.84. Over the past 10 years, this metric has ranged from a low of 34.88 to a high of 99.65. The Healthcare Providers & Services industry median Shiller PE Ratio is 22.64. HealthStream's value of 48.48 is 114.1% above this industry median. Based on the distribution chart, HealthStream ranks #200 out of 245 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, HealthStream has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HealthStream's Shiller PE Ratio compare to TALK and PHR?
According to the Healthcare Providers & Services industry distribution chart, HealthStream ranks #200 out of 245 companies for Shiller PE Ratio. This places HealthStream in the lower half of its industry. The industry median Shiller PE Ratio is 22.64. HealthStream's value of 48.48 is 114.1% above this benchmark. Historically, HealthStream's own Shiller PE Ratio has ranged from 34.88 to 99.65 over the past decade. While the company's 10-year median is 57.84 vs. the industry median of 22.64, HealthStream 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 Shiller PE Ratio for a Healthcare Providers & Services company?
The median Shiller PE Ratio among Healthcare Providers & Services companies is 22.64, based on 245 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. HealthStream's current Shiller PE Ratio of 48.48 is 114.1% 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 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 HealthStream and its competitors. For the Healthcare Providers & Services industry, the median Shiller PE Ratio is 22.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HealthStream's current Shiller PE Ratio is 48.48, which is 16% below median its own 10-year median of 57.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HealthStream stock overvalued right now?
Based on GuruFocus' analysis, HealthStream (HSTM) is currently considered Fairly Valued. The stock's GF Value™ is $31.77, compared to a current price of $29.09 — trading 8.4% below its estimated fair value. The current Shiller PE Ratio is 48.48, which is 16% below median its 10-year median of 57.84 and 114.1% above the Healthcare Providers & Services industry median of 22.64. HealthStream's overall GF Score™ is 88/100 with 5 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 HealthStream (HSTM), the current Shiller PE Ratio is 48.48 as of Sep. 14, 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 HealthStream (HSTM) Overvalued in 2026?

Based on GuruFocus' analysis, HealthStream stock appears to be undervalued. The current stock price of $29.09 is trading 8.4% below its estimated GF Value™ of $31.77. GuruFocus considers HealthStream to be Fairly Valued.

Key valuation signals for HSTM:

  • Shiller PE Ratio: 48.48 (16% below median its 10-year median of 57.84)
  • GF Value™: $31.77 vs. price of $29.09 (8.4% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 114.1% above the Healthcare Providers & Services median (#200 of 245)

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


HealthStream Business Description

Other Exchanges HL5:Germany
Address 500 11th Avenue North, Suite 850, Nashville, TN, USA, 37203
HealthStream Inc provides SaaS based applications for healthcare organizations all designed to improve business and clinical outcomes by supporting the people who deliver patient care. The company is focused on helping individuals and organizations in healthcare meet their ongoing learning, clinical development, credentialing, and scheduling needs. It also provides its solutions to nursing schools and nursing students.
88GF Score

Get the complete analysis for HSTM

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

$29.09
Price
$31.77
GF Value