USPH
U S Physical Therapy
PE ratio, current and historical analysis
- Stocks
- Healthcare
- NYSE: USPH
- PE Ratio
The current PE ratio for U S Physical Therapy stock as of Jul 24, 2026 is 146.24. This is calculated based on the current EPS of $0.51 and the stock price of $74.58 per share. The PE ratio has grown by 115% from the past four quarters average of 68.0.
USPH PE ratio history
The average historical PE ratio of U S Physical Therapy for the last ten years is 53.42. The current P/E ratio of 146.24 is 174% higher than the historical average. In the past ten years, USPH's PE ratio peaked in the Mar 2026 quarter at 146.98, when the stock price was $74.96 and the EPS was $0.51. The lowest point was in the Sep 2022 quarter, when it reached 25.51 with a price of $76.02 and an EPS of $2.98.
U S Physical Therapy PE ratio by year
Maximum annual increase: 102.08% in 2023
Maximum annual decrease: -40.27% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 54.99 | 14.06% | $78.09 | $1.42 |
| 2024 | 48.21 | -33.75% | $88.71 | $1.84 |
| 2023 | 72.77 | 102.08% | $93.14 | $1.28 |
| 2022 | 36.01 | -9.18% | $81.03 | $2.25 |
| 2021 | 39.65 | -18.23% | $95.55 | $2.41 |
| 2020 | 48.49 | 3.9% | $120.25 | $2.48 |
| 2019 | 46.67 | -40.27% | $114.35 | $2.45 |
| 2018 | 78.13 | 90.47% | $102.35 | $1.31 |
| 2017 | 41.02 | -4.16% | $72.2 | $1.76 |
| 2016 | 42.8 | 32.34% | $70.2 | $1.64 |
| 2015 | 32.34 | 20.99% | $53.68 | $1.66 |
| 2014 | 26.73 | -20.4% | $41.96 | $1.57 |
| 2013 | 33.58 | 85.32% | $35.26 | $1.05 |
| 2012 | 18.12 | 63.83% | $27.54 | $1.52 |
| 2011 | 11.06 | -25.22% | $19.68 | $1.78 |
U S Physical Therapy PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 146.98 | 167.28% | $74.96 | $0.51 |
| Dec 2025 | 54.99 | 54.08% | $78.09 | $1.42 |
| Sep 2025 | 35.69 | 4.51% | $84.95 | $2.38 |
| Jun 2025 | 34.15 | 2.89% | $78.2 | $2.29 |
| Mar 2025 | 33.19 | -31.16% | $72.36 | $2.18 |
| Dec 2024 | 48.21 | -49.87% | $88.71 | $1.84 |
| Sep 2024 | 96.17 | 4.06% | $84.63 | $0.88 |
| Jun 2024 | 92.42 | -4.2% | $92.42 | $1 |
| Mar 2024 | 96.47 | 32.57% | $112.87 | $1.17 |
| Dec 2023 | 72.77 | 35.66% | $93.14 | $1.28 |
| Sep 2023 | 53.64 | -15.15% | $91.73 | $1.71 |
| Jun 2023 | 63.22 | 38.82% | $121.39 | $1.92 |
| Mar 2023 | 45.54 | 26.46% | $97.91 | $2.15 |
| Dec 2022 | 36.01 | 41.16% | $81.03 | $2.25 |
| Sep 2022 | 25.51 | -31.79% | $76.02 | $2.98 |
USPH Price vs fair value
USPH average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
USPH's current P/E ratio is above the 3, 5 and 10-year averages.
PE comparison
U S Physical Therapy's P/E of 146.24 is above the Healthcare sector and the industry average. In comparison with its Healthcare sector average of 25.31, U S Physical Therapy's P/E is 478% higher.
USPH PE vs peers
In comparison to its peer stock DVA, USPH's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DVA Davita Inc | 21.54 | $15.12B |
| USPH U S Physical Therapy Inc | 146.24 | $1.14B |
| ACHC Acadia Healthcare Company Inc | N/A | $3.17B |
Frequently asked questions
What is U S Physical Therapy's PE ratio?
As of Jul 24, 2026, USPH stock has a price to earnings ratio of 146.24.
What is the 3-year average PE ratio for U S Physical Therapy (USPH)?
As an average over the last 3 years, USPH stock has a PE ratio of 69.52.
What is the 5-year average PE ratio for U S Physical Therapy (USPH)?
As an average over the last 5 years, USPH stock has a PE ratio of 57.54.
What is the highest PE ratio for USPH?
Over the last ten years, the quarterly PE ratio reached a historic high of 146.98 in the Mar 2026 quarter.
How does the current PE ratio for USPH compare to its historical average?
The current price to earnings ratio of USPH is 174% higher than the 10-year historical average.
Why is U S Physical Therapy's PE ratio so high?
USPH's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 146.24 is considered high.
How is USPH's PE ratio calculated (U S Physical Therapy PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 24, 2026), U S Physical Therapy's stock price is $74.58. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.51. Therefore, U S Physical Therapy's PE ratio for today is 146.24. PE RATIO(146.24) = STOCK PRICE($74.58) / TTM EPS($0.51)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.