Question 1

What is Universal Health Services's P/E ratio?

Accepted Answer

Universal Health Services (UHS) P/E ratio is 6.1× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Universal Health Services?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Universal Health Services specifically, the relevant sector benchmark is the current sector median of 24.2×.

Question 5

Is Universal Health Services's P/E ratio high or low?

Accepted Answer

Universal Health Services's P/E ratio of 6.1× is below its own 5-year average of 11.6× and below the sector median of 24.2×. That places the current reading at the 2th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Universal Health Services's historical P/E ratio range?

Accepted Answer

In the available daily series, Universal Health Services (UHS) P/E ratio has ranged from a low of 5.7× in 2026 to a high of 23.5× in 2002. The 5-year average is 11.6× and the 5-year median is 11.1×.

Question 7

What was Universal Health Services's P/E ratio in 2025?

Accepted Answer

Universal Health Services (UHS) P/E ratio at the end of 2025 was 9.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Universal Health Services's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$13.9B	$1.49B	9.3×	-1.0×	Dec 31, 2025
2024	$11.8B	$1.14B	10.3×	-4.1×	Dec 31, 2024
2023	$10.3B	$718M	14.4×	-0.5×	Dec 31, 2023
2022	$10B	$675M	14.9×	+4.5×	Dec 31, 2022
2021	$10.2B	$990M	10.3×	-2.1×	Dec 31, 2021
2020	$11.7B	$941M	12.4×	-3.0×	Dec 31, 2020
2019	$12.5B	$813M	15.4×	+1.6×	Dec 31, 2019
2018	$10.7B	$779M	13.8×	-0.5×	Dec 31, 2018
2017	$10.7B	$752M	14.3×	-0.4×	Dec 31, 2017
2016	$10.3B	$702M	14.7×	-2.6×	Dec 31, 2016
2015	$11.8B	$680M	17.3×	-2.9×	Dec 31, 2015
2014	$11B	$545M	20.2×	+4.5×	Dec 31, 2014
2013	$8.01B	$510M	15.7×	+5.0×	Dec 31, 2013
2012	$4.72B	$443M	10.7×	+1.2×	Dec 31, 2012
2011	$3.75B	$398M	9.4×	-8.9×	Dec 31, 2011
2010	$4.23B	$230M	18.4×	+7.1×	Dec 31, 2010
2009	$2.94B	$260M	11.3×	+2.6×	Dec 31, 2009
2008	$1.85B	$212M	8.7×	-6.7×	Dec 31, 2008
2007	$2.62B	$170M	15.4×	+4.0×	Dec 31, 2007
2006	$2.96B	$259M	11.4×	+1.0×	Dec 31, 2006
2005	$2.51B	$241M	10.4×	-4.7×	Dec 31, 2005
2004	$2.56B	$169M	15.1×	-0.4×	Dec 31, 2004
2003	$3.09B	$199M	15.5×	+0.5×	Dec 31, 2003
2002	$2.63B	$175M	15.0×	—	Dec 31, 2002


Agilent Technologies (A)	23.1×
Medtronic (MDT)	22.2×
McKesson (MCK)	22.2×
Illumina (ILMN)	21.7×
ResMed (RMD)	21.6×
GE HealthCare (GEHC)	21.6×
Pfizer (PFE)	21.1×
Quest Diagnostics (DGX)	21.1×
Henry Schein (HSIC)	21.0×
AptarGroup (ATR)	20.9×
IQVIA (IQV)	20.7×
Biogen (BIIB)	19.7×
Zoetis (ZTS)	18.9×
Gilead Sciences (GILD)	18.8×
Humana (HUM)	18.5×
Regeneron Pharmaceuticals (REGN)	18.2×
Bristol-Myers Squibb (BMY)	17.0×
Elevance Health (ELV)	17.0×
HCA Healthcare (HCA)	15.8×
AstraZeneca (AZN)	14.7×
DaVita (DVA)	13.3×
Incyte (INCY)	13.1×
Cigna (CI)	11.1×
Novo Nordisk (NVO)	8.6×
Solventum (SOLV)	7.9×

P/E Ratio for Universal Health Services (UHS) 2002-2026

P/E Ratio daily chart for Universal Health Services (UHS)

Historical P/E Ratio for Universal Health Services (UHS) from 2002 to 2025

About P/E Ratio at Universal Health Services (UHS)

Universal Health Services P/E Ratio by Year

Universal Health Services P/E Ratio 2025: 9.3×

Universal Health Services P/E Ratio 2024: 10.3×

Universal Health Services P/E Ratio 2023: 14.4×

Universal Health Services P/E Ratio 2022: 14.9×

Universal Health Services P/E Ratio 2021: 10.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Universal Health Services (UHS) Key Financials