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Tenet HealthcareTHC -1.31%75 Shiller PE Ratio is 31.94 as of Sep. 08, 2026, which is 59% below its 10-year median of 78.12. GuruFocus rates THC with a GF Score™ of 75/100 and a GF Value™ of $185.57 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 242 Healthcare Providers & Services companies, Tenet Healthcare ranks worse than 67.36% on this metric.
As of today (2026-09-08), Tenet Healthcare's current share price is $261.59. Tenet Healthcare's E10 for the quarter that ended in Jun. 2026 was $8.19. Tenet Healthcare's Shiller PE Ratio for today is 31.94.
The historical rank and industry rank for Tenet Healthcare's Shiller PE Ratio or its related term are showing as below:
THC'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.47 Med: 78.12 Max: 2168.75
Current: 31.94
During the past years, Tenet Healthcare's highest Shiller PE Ratio was 2168.75. The lowest was 22.47. And the median was 78.12.
THC's Shiller PE Ratio is ranked worse than 67.36% of 242
companies
in the Healthcare Providers & Services industry
Industry Median: 23.305
vs THC: 31.94
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.
Tenet Healthcare's adjusted earnings per share data for the three months ended in Jun. 2026 was $9.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $8.19 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tenet Healthcare (NYSE:THC) 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.
Tenet Healthcare Shiller PE Ratio Related Terms
Tenet Healthcare Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Tenet Healthcare'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.
For the Medical Care Facilities subindustry, Tenet Healthcare'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.
Tenet Healthcare Shiller PE Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Tenet Healthcare's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Tenet Healthcare's Shiller PE Ratio falls into.
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.
* 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's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, Tenet Healthcare's adjusted earnings per share data for the three months ended in Jun. 2026 was:
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.
Tenet Healthcare (THC) has a Shiller PE Ratio of 31.94 as of Sep. 08, 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 Tenet Healthcare and its competitors. This is 59% below median its historical median of 78.12. Over the past decade, Tenet Healthcare's Shiller PE Ratio has ranged from 22.47 to 2,168.75. According to the industry distribution chart, Tenet Healthcare ranks #163 out of 242 companies in the Healthcare Providers & Services industry, placing it in the top 67.4%.
Is Tenet Healthcare's Shiller PE Ratio too high?
Tenet Healthcare's current Shiller PE Ratio of 31.94 is 59% below median its 10-year median of 78.12. Over the past 10 years, this metric has ranged from a low of 22.47 to a high of 2,168.75. The Healthcare Providers & Services industry median Shiller PE Ratio is 23.31. Tenet Healthcare's value of 31.94 is 37.1% above this industry median. Based on the distribution chart, Tenet Healthcare ranks #163 out of 242 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Tenet Healthcare has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tenet Healthcare's Shiller PE Ratio compare to EHC and DVA?
According to the Healthcare Providers & Services industry distribution chart, Tenet Healthcare ranks #163 out of 242 companies for Shiller PE Ratio. This places Tenet Healthcare in the lower half of its industry. The industry median Shiller PE Ratio is 23.31. Tenet Healthcare's value of 31.94 is 37.1% above this benchmark. Historically, Tenet Healthcare's own Shiller PE Ratio has ranged from 22.47 to 2,168.75 over the past decade. While the company's 10-year median is 78.12 vs. the industry median of 23.31, Tenet Healthcare 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 23.31, based on 242 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. Tenet Healthcare's current Shiller PE Ratio of 31.94 is 37.1% 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 Tenet Healthcare and its competitors. For the Healthcare Providers & Services industry, the median Shiller PE Ratio is 23.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenet Healthcare's current Shiller PE Ratio is 31.94, which is 59% below median its own 10-year median of 78.12. 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 (THC) is currently considered Significantly Overvalued. The stock's GF Value™ is $185.57, compared to a current price of $261.59 — trading 41% above its estimated fair value. The current Shiller PE Ratio is 31.94, which is 59% below median its 10-year median of 78.12 and 37.1% above the Healthcare Providers & Services industry median of 23.31. Tenet Healthcare's overall GF Score™ is 75/100 with 6 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 Tenet Healthcare (THC), the current Shiller PE Ratio is 31.94 as of Sep. 08, 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 (THC) Overvalued in 2026?
Based on GuruFocus' analysis, Tenet Healthcare stock appears to be overvalued.
The current stock price of $261.59 is trading 41% above its estimated GF Value™ of $185.57.
GuruFocus considers Tenet Healthcare to be Significantly Overvalued.
Key valuation signals for THC:
Shiller PE Ratio: 31.94 (59% below median its 10-year median of 78.12)
GF Value™: $185.57 vs. price of $261.59 (41% above fair value)
Industry Position: 37.1% above the Healthcare Providers & Services median (#163 of 242)
No single metric tells the full story. See the THC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
75GF Score
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