iRhythm Holdings (LTS:0A7L) Cyclically Adjusted PB Ratio: 20.18 (As of Aug. 13, 2026) — 23% Below Median

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LTS:0A7L iRhythm Holdings Inc LTS:0A7L
73 GF Score
Price $123.32
GF Value $151.09
Valuation Modestly Undervalued
! 1 Warning Sign
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What is iRhythm Holdings Cyclically Adjusted PB Ratio?

iRhythm Holdings LTS:0A7L +0.53% 73 Cyclically Adjusted PB Ratio is 20.18 as of Aug. 13, 2026, which is 23% below its 10-year median of 26.29. GuruFocus rates LTS:0A7L with a GF Score™ of 73/100 and a GF Value™ of $151.09 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 520 Medical Devices & Instruments companies, iRhythm Holdings ranks worse than 97.88% on this metric.

As of today (2026-08-13), iRhythm Holdings's current share price is $123.315. iRhythm Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $6.11. iRhythm Holdings's Cyclically Adjusted PB Ratio for today is 20.18.

The historical rank and industry rank for iRhythm Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0A7L' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 17.61   Med: 26.29   Max: 34.62
Current: 20.2

During the past years, iRhythm Holdings's highest Cyclically Adjusted PB Ratio was 34.62. The lowest was 17.61. And the median was 26.29.

LTS:0A7L's Cyclically Adjusted PB Ratio is ranked worse than
97.88% of 520 companies
in the Medical Devices & Instruments industry
Industry Median: 1.85 vs LTS:0A7L: 20.20

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

iRhythm Holdings's adjusted book value per share data for the three months ended in Jun. 2026 was $5.645. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $6.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


iRhythm Holdings  (LTS:0A7L) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


iRhythm Holdings Cyclically Adjusted PB Ratio Related Terms


iRhythm Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for iRhythm Holdings's Cyclically Adjusted PB 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.

iRhythm Holdings Cyclically Adjusted PB Ratio Chart

iRhythm Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 31.03

iRhythm Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB 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 28.31 31.66 31.03 20.33 19.18

LTS:0A7L vs HAE, ITGR, LIVN: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, iRhythm Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


iRhythm Holdings Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, iRhythm Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where iRhythm Holdings's Cyclically Adjusted PB Ratio falls into.


LTS:0A7L
73GF Score
iRhythm Holdings Inc LTS:0A7L
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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iRhythm Holdings Cyclically Adjusted PB Ratio Calculation

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

iRhythm Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=123.315/6.11
=20.18

* 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.

iRhythm Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, iRhythm Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.645/333.9520*333.9520
=5.645

Current CPI (Jun. 2026) = 333.9520.

iRhythm Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 -5.695 241.428 -7.878
201612 4.181 241.432 5.783
201703 4.032 243.801 5.523
201706 3.870 244.955 5.276
201709 3.716 246.819 5.028
201712 3.403 246.524 4.610
201803 3.078 249.554 4.119
201806 2.862 251.989 3.793
201809 2.648 252.439 3.503
201812 2.140 251.233 2.845
201903 2.019 254.202 2.652
201906 1.957 256.143 2.551
201909 5.375 256.759 6.991
201912 5.075 256.974 6.595
202003 4.624 258.115 5.983
202006 4.310 257.797 5.583
202009 11.594 260.280 14.876
202012 11.772 260.474 15.093
202103 10.570 264.877 13.326
202106 10.428 271.696 12.817
202109 10.054 274.310 12.240
202112 9.477 278.802 11.352
202203 8.225 287.504 9.554
202206 8.165 296.311 9.202
202209 7.949 296.808 8.944
202212 7.943 296.797 8.937
202303 7.282 301.836 8.057
202306 7.328 305.109 8.021
202309 7.175 307.789 7.785
202312 6.787 306.746 7.389
202403 2.903 312.332 3.104
202406 3.178 314.175 3.378
202409 2.294 315.301 2.430
202412 2.896 315.605 3.064
202503 2.715 319.799 2.835
202506 3.229 322.561 3.343
202509 3.785 324.800 3.892
202512 4.729 324.054 4.873
202603 4.907 330.213 4.963
202606 5.645 333.952 5.645

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.

What does a Cyclically Adjusted PB Ratio of 20.18 mean?
iRhythm Holdings (LTS:0A7L) has a Cyclically Adjusted PB Ratio of 20.18 as of Aug. 13, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on iRhythm Holdings and its competitors. This is 23% below median its historical median of 26.29. Over the past decade, iRhythm Holdings' Cyclically Adjusted PB Ratio has ranged from 17.61 to 34.62. According to the industry distribution chart, iRhythm Holdings ranks #509 out of 520 companies in the Medical Devices & Instruments industry, placing it in the top 97.9%.
Is iRhythm Holdings' Cyclically Adjusted PB Ratio too high?
iRhythm Holdings' current Cyclically Adjusted PB Ratio of 20.18 is 23% below median its 10-year median of 26.29. Over the past 10 years, this metric has ranged from a low of 17.61 to a high of 34.62. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.85. iRhythm Holdings' value of 20.18 is 990.8% above this industry median. Based on the distribution chart, iRhythm Holdings ranks #509 out of 520 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, iRhythm Holdings has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does iRhythm Holdings' Cyclically Adjusted PB Ratio compare to HAE and ITGR?
According to the Medical Devices & Instruments industry distribution chart, iRhythm Holdings ranks #509 out of 520 companies for Cyclically Adjusted PB Ratio. This places iRhythm Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.85. iRhythm Holdings' value of 20.18 is 990.8% above this benchmark. Historically, iRhythm Holdings' own Cyclically Adjusted PB Ratio has ranged from 17.61 to 34.62 over the past decade. While the company's 10-year median is 26.29 vs. the industry median of 1.85, iRhythm Holdings 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 Cyclically Adjusted PB Ratio for a Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.85, based on 520 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. iRhythm Holdings's current Cyclically Adjusted PB Ratio of 20.18 is 990.8% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on iRhythm Holdings and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iRhythm Holdings's current Cyclically Adjusted PB Ratio is 20.18, which is 23% below median its own 10-year median of 26.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iRhythm Holdings stock overvalued right now?
Based on GuruFocus' analysis, iRhythm Holdings (LTS:0A7L) is currently considered Modestly Undervalued. The stock's GF Value™ is $151.09, compared to a current price of $123.32 — trading 18.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 20.18, which is 23% below median its 10-year median of 26.29 and 990.8% above the Medical Devices & Instruments industry median of 1.85. iRhythm Holdings' overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For iRhythm Holdings (LTS:0A7L), the current Cyclically Adjusted PB Ratio is 20.18 as of Aug. 13, 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 iRhythm Holdings (LTS:0A7L) Overvalued in 2026?

Based on GuruFocus' analysis, iRhythm Holdings stock appears to be undervalued. The current stock price of $123.32 is trading 18.4% below its estimated GF Value™ of $151.09. GuruFocus considers iRhythm Holdings to be Modestly Undervalued.

Key valuation signals for LTS:0A7L:

  • Cyclically Adjusted PB Ratio: 20.18 (23% below median its 10-year median of 26.29)
  • GF Value™: $151.09 vs. price of $123.32 (18.4% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 990.8% above the Medical Devices & Instruments median (#509 of 520)

No single metric tells the full story. See the LTS:0A7L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


iRhythm Holdings Business Description

Other Exchanges IRTC:USA
Address 699 8th Street, Suite 600, San Francisco, CA, USA, 94103
iRhythm Holdings Inc is a digital healthcare company that creates trusted solutions that detect, predict, and prevent disease. Its principal business is the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services that it believes allow clinicians to diagnose certain arrhythmias quicker and with greater efficiency than other services that rely on traditional technology. Each Zio System combines an FDA-cleared and CE-marked, wire-free, patch-based, 14-day wearable biosensor that continuously records electrocardiogram (ECG) data with a proprietary, FDA-cleared, CE-marked cloud-based data analytic software to help physicians monitor patients and diagnose arrhythmias.
73GF Score

Get the complete analysis for LTS:0A7L

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$123.32
Price
$151.09
GF Value