Question 1

What is Universal Health Realty Income Trust's P/B ratio?

Accepted Answer

Universal Health Realty Income Trust (UHT) P/B ratio is 4.1× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. 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/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Universal Health Realty Income Trust?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE).

Question 5

Is Universal Health Realty Income Trust's P/B ratio high or low?

Accepted Answer

Universal Health Realty Income Trust's P/B ratio of 4.1× is above its own 5-year average of 3.3×. That places the current reading at the 87th 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 Realty Income Trust's historical P/B ratio range?

Accepted Answer

In the available daily series, Universal Health Realty Income Trust (UHT) P/B ratio has ranged from a low of 1.8× in 2002 to a high of 8.9× in 2019. The 5-year average is 3.3× and the 5-year median is 3.2×.

Question 7

What was Universal Health Realty Income Trust's P/B ratio in 2025?

Accepted Answer

Universal Health Realty Income Trust (UHT) P/B ratio at the end of 2025 was 3.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Universal Health Realty Income Trust's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). 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	$542M	$152M	3.6×	+0.7×	Dec 31, 2025
2024	$514M	$180M	2.9×	-0.1×	Dec 31, 2024
2023	$596M	$201M	3.0×	+0.1×	Dec 31, 2023
2022	$658M	$229M	2.9×	-0.6×	Dec 31, 2022
2021	$818M	$235M	3.5×	-2.1×	Dec 31, 2021
2020	$884M	$159M	5.6×	-3.3×	Dec 31, 2020
2019	$1.61B	$182M	8.9×	+4.6×	Dec 31, 2019
2018	$842M	$199M	4.2×	-0.7×	Dec 31, 2018
2017	$1.03B	$211M	4.9×	+0.2×	Dec 31, 2017
2016	$891M	$191M	4.7×	+1.2×	Dec 31, 2016
2015	$665M	$195M	3.4×	+0.3×	Dec 31, 2015
2014	$628M	$205M	3.1×	-0.0×	Dec 31, 2014
2013	$510M	$166M	3.1×	-0.5×	Dec 31, 2013
2012	$641M	$178M	3.6×	+1.0×	Dec 31, 2012
2011	$493M	$189M	2.6×	-0.5×	Dec 31, 2011
2010	$448M	$145M	3.1×	+0.4×	Dec 31, 2010
2009	$381M	$141M	2.7×	+0.0×	Dec 31, 2009
2008	$390M	$145M	2.7×	+0.1×	Dec 31, 2008
2007	$419M	$160M	2.6×	-0.2×	Dec 31, 2007
2006	$459M	$164M	2.8×	+0.4×	Dec 31, 2006
2005	$369M	$155M	2.4×	-0.1×	Dec 31, 2005
2004	$377M	$154M	2.4×	+0.1×	Dec 31, 2004
2003	$353M	$152M	2.3×	+0.3×	Dec 31, 2003
2002	$307M	$149M	2.1×	—	Dec 31, 2002

P/B Ratio for Universal Health Realty Income Trust (UHT) 2002-2026

P/B Ratio daily chart for Universal Health Realty Income Trust (UHT)

Historical P/B Ratio for Universal Health Realty Income Trust (UHT) from 2002 to 2025

About P/B Ratio at Universal Health Realty Income Trust (UHT)

Universal Health Realty Income Trust P/B Ratio by Year

Universal Health Realty Income Trust P/B Ratio 2025: 3.6×

Universal Health Realty Income Trust P/B Ratio 2024: 2.9×

Universal Health Realty Income Trust P/B Ratio 2023: 3.0×

Universal Health Realty Income Trust P/B Ratio 2022: 2.9×

Universal Health Realty Income Trust P/B Ratio 2021: 3.5×

Frequently asked questions

Universal Health Realty Income Trust (UHT) Key Financials