XMax (XMAX) Cyclically Adjusted PB Ratio: 0.21 (As of Jul. 22, 2026) — 110% Above Median

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XMAX XMax Inc XMAX
34 GF Score
Price $8.61
GF Value $0.23
Valuation Significantly Overvalued
! 9 Warning Signs
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What is XMax Cyclically Adjusted PB Ratio?

XMax XMAX -0.13% 34 Cyclically Adjusted PB Ratio is 0.21 as of Jul. 22, 2026, which is 110% above its 10-year median of 0.10. GuruFocus rates XMAX with a GF Score™ of 34/100 and a GF Value™ of $0.23 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 338 Furnishings, Fixtures & Appliances companies, XMax ranks better than 92.6% on this metric.

As of today (2026-07-22), XMax's current share price is $8.6092. XMax's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $41.79. XMax's Cyclically Adjusted PB Ratio for today is 0.21.

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

XMAX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.1   Max: 0.44
Current: 0.21

During the past years, XMax's highest Cyclically Adjusted PB Ratio was 0.44. The lowest was 0.01. And the median was 0.10.

XMAX's Cyclically Adjusted PB Ratio is ranked better than
92.6% of 338 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.195 vs XMAX: 0.21

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.

XMax's adjusted book value per share data for the three months ended in Mar. 2026 was $0.754. 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 $41.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


XMax  (NAS:XMAX) 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.


XMax Cyclically Adjusted PB Ratio Related Terms


XMax Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for XMax'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.

XMax Cyclically Adjusted PB Ratio Chart

XMax 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 0.16 0.04 0.07 0.01 0.14

XMax Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.01 0.03 0.12 0.14 0.17

XMAX vs ETD, FLXS, HBB: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, XMax'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.


XMax Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, XMax's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XMAX
34GF Score
XMax Inc XMAX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

XMax 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.

XMax's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.6092/41.79
=0.21

* 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.

XMax's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.754/330.2130*330.2130
=0.754

Current CPI (Mar. 2026) = 330.2130.

XMax Quarterly Data

Book Value per Share CPI Adj_Book
201606 58.975 241.018 80.800
201609 59.075 241.428 80.800
201612 57.935 241.432 79.239
201703 56.810 243.801 76.946
201706 57.001 244.955 76.841
201709 60.031 246.819 80.314
201712 60.681 246.524 81.281
201803 62.432 249.554 82.611
201806 63.630 251.989 83.382
201809 63.169 252.439 82.631
201812 65.535 251.233 86.137
201903 65.322 254.202 84.854
201906 65.423 256.143 84.342
201909 65.824 256.759 84.655
201912 59.288 256.974 76.185
202003 58.226 258.115 74.490
202006 57.732 257.797 73.949
202009 49.071 260.280 62.256
202012 35.466 260.474 44.962
202103 35.637 264.877 44.427
202106 29.815 271.696 36.236
202109 25.808 274.310 31.068
202112 17.150 278.802 20.312
202203 16.516 287.504 18.969
202206 12.245 296.311 13.646
202209 10.389 296.808 11.558
202212 4.643 296.797 5.166
202303 3.749 301.836 4.101
202306 3.306 305.109 3.578
202309 2.537 307.789 2.722
202312 0.259 306.746 0.279
202403 -0.018 312.332 -0.019
202406 0.018 314.175 0.019
202409 -0.238 315.301 -0.249
202412 0.428 315.605 0.448
202503 0.494 319.799 0.510
202506 0.475 322.561 0.486
202509 0.397 324.800 0.404
202512 0.668 324.054 0.681
202603 0.754 330.213 0.754

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 0.21 mean?
XMax (XMAX) has a Cyclically Adjusted PB Ratio of 0.21 as of Jul. 22, 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 XMax and its competitors. This is 110% above median its historical median of 0.10. Over the past decade, XMax's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.44. According to the industry distribution chart, XMax ranks #25 out of 338 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 7.4%.
Is XMax's Cyclically Adjusted PB Ratio too high?
XMax's current Cyclically Adjusted PB Ratio of 0.21 is 110% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.44. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. XMax's value of 0.21 is 82.4% below this industry median. Based on the distribution chart, XMax ranks #25 out of 338 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, XMax has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does XMax's Cyclically Adjusted PB Ratio compare to ETD and FLXS?
According to the Furnishings, Fixtures & Appliances industry distribution chart, XMax ranks #25 out of 338 companies for Cyclically Adjusted PB Ratio. This places XMax in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. XMax's value of 0.21 is 82.4% below this benchmark. Historically, XMax's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.44 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 1.20, XMax has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 338 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. XMax's current Cyclically Adjusted PB Ratio of 0.21 is 82.4% below 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 XMax and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XMax's current Cyclically Adjusted PB Ratio is 0.21, which is 110% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XMax stock overvalued right now?
Based on GuruFocus' analysis, XMax (XMAX) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.23, compared to a current price of $8.61 — trading 3643.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.21, which is 110% above median its 10-year median of 0.10 and 82.4% below the Furnishings, Fixtures & Appliances industry median of 1.20. XMax's overall GF Score™ is 34/100 with 9 warning signs 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 XMax (XMAX), the current Cyclically Adjusted PB Ratio is 0.21 as of Jul. 22, 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 XMax (XMAX) Overvalued in 2026?

Based on GuruFocus' analysis, XMax stock appears to be overvalued. The current stock price of $8.61 is trading 3643.1% above its estimated GF Value™ of $0.23. GuruFocus considers XMax to be Significantly Overvalued.

Key valuation signals for XMAX:

  • Cyclically Adjusted PB Ratio: 0.21 (110% above median its 10-year median of 0.10)
  • GF Value™: $0.23 vs. price of $8.61 (3643.1% above fair value)
  • GF Score™: 34/100 with 9 warning signs
  • Industry Position: 82.4% below the Furnishings, Fixtures & Appliances median (#25 of 338)

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


XMax Business Description

Address 6565 E Washington Boulevard, Commerce, CA, USA, 90040
XMax Inc is a designer and lifestyle furniture company. The company is a designer and distributor of contemporary styled residential and commercial furniture. The firms marketing and sales platform offers retail as well as online selection and purchase fulfillment internationally. The company also sells managed a variety of bedding foundation components. Its collection of lifestyle furniture brands includes Diamond Sofa. The firm's products are made in the United States and Asia. The company plans expansion into artificial intelligence (AI) while continuing to operate and develop its existing furniture business.
34GF Score

Get the complete analysis for XMAX

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

$8.61
Price
$0.23
GF Value