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Universal Health Services (Universal Health Services) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


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What is Universal Health Services Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Health Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Universal Health Services's Cyclically Adjusted PS 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.

* Premium members only.

Universal Health Services Cyclically Adjusted PS Ratio Chart

Universal Health Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.32 1.10 1.04 1.02

Universal Health Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 0.91 1.10 0.85 1.02 -

Competitive Comparison of Universal Health Services's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Universal Health Services'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 Health Services's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

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

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



Universal Health Services Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Universal Health Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Universal Health Services's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=56.125/129.4194*129.4194
=56.125

Current CPI (Mar. 2024) = 129.4194.

Universal Health Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 20.470 100.560 26.345
201409 20.179 100.428 26.004
201412 21.601 99.070 28.218
201503 22.110 99.621 28.723
201506 22.543 100.684 28.977
201509 22.021 100.392 28.388
201512 23.142 99.792 30.013
201603 24.772 100.470 31.910
201606 24.707 101.688 31.445
201609 24.510 101.861 31.141
201612 25.284 101.863 32.124
201703 26.834 102.862 33.762
201706 26.920 103.349 33.711
201709 26.484 104.136 32.914
201712 27.845 104.011 34.647
201803 28.384 105.290 34.889
201806 28.440 106.317 34.620
201809 28.382 106.507 34.488
201812 29.712 105.998 36.277
201903 30.829 107.251 37.201
201906 31.996 108.070 38.317
201909 31.944 108.329 38.163
201912 33.061 108.420 39.464
202003 32.730 108.902 38.897
202006 32.092 108.767 38.185
202009 34.166 109.815 40.265
202012 36.068 109.897 42.475
202103 35.118 111.754 40.669
202106 37.348 114.631 42.166
202109 37.718 115.734 42.178
202112 41.108 117.630 45.228
202203 43.305 121.301 46.203
202206 44.648 125.017 46.220
202209 45.661 125.227 47.190
202212 48.013 125.222 49.622
202303 48.506 127.348 49.295
202306 50.087 128.729 50.356
202309 51.172 129.860 50.999
202312 54.027 129.419 54.027
202403 56.125 129.419 56.125

Add all the adjusted revenue per share together and divide 10 will get our 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.


Universal Health Services  (NYSE:UHS) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Universal Health Services Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Universal Health Services's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Universal Health Services (Universal Health Services) Business Description

Traded in Other Exchanges
Address
367 South Gulph Road, Universal Corporate Center, P.O. Box 61558, King Of Prussia, PA, USA, 19406-0958
Universal Health Services Inc owns and operates acute care hospitals, behavior health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. The firm operates in two key segments: Acute Care Hospital Services and Behavioral Health Services. The Acute Care Hospital Services segment includes the firm's acute care hospitals, surgical hospitals, and surgery and oncology centers.
Executives
Warren J. Nimetz director 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Steve Filton officer: Senior Vice President & CFO 367 SOUTH GULPH ROAD, KING PRUSSIA PA 19406
Marc D Miller director, officer: President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Eileen C. Mcdonnell director 600 DRESHER ROAD, HORSHAM PA 19044
Lawrence S. Gibbs director 599 LEXINGTON AVE # 20, NEW YORK NY 10022
Edward H Sim officer: Executive Vice President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Nina Chen-langenmayr director 211 N. 13TH STREET, 4TH FLOOR, PHILADELPHIA PA 19107
Sussman Elliot J Md Mba director
Matthew Jay Peterson officer: Executive Vice President, UHS 2824 87TH TRAIL NORTH, MINNEAPOLIS MN 55443
Maria Ruderman Singer director 245 PARK AVENUE, NEW YORK NY 10167
Robert H Hotz director C/O MIKASA, 20633 S FORDYCE AVENUE, LONG BEACH CA 90810
Marvin G. Pember officer: Senior Vice President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Debra K Osteen officer: Senior Vice President 367 SOUTH GULPH ROAD, KING PRUSSIA PA 19406
John H Herrell director 367 SOUTH GULPH ROAD, KING PRUSSIA PA 19406
Anthony Pantaleoni director FULBRIGHT & JAWORSKI LLP, 666 FIFTH AVE, NEW YORK NY 10103