ResMed (BSP:R1MD34) Cyclically Adjusted PS Ratio: 6.67 (As of Aug. 25, 2026) — 31% Below Median

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BSP:R1MD34 ResMed Inc BSP:R1MD34
90 GF Score
Price R$243.85
GF Value R$280.33
! 1 Warning Sign
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What is ResMed Cyclically Adjusted PS Ratio?

ResMed BSP:R1MD34 90 Cyclically Adjusted PS Ratio is 6.67 as of Aug. 25, 2026, which is 31% below its 10-year median of 9.72. GuruFocus rates BSP:R1MD34 with a GF Score™ of 90/100 and a GF Value™ of R$280.33. The stock has 1 warning sign investors should review. Among 523 Medical Devices & Instruments companies, ResMed ranks worse than 84.7% on this metric.

As of today (2026-08-25), ResMed's current share price is R$243.85. ResMed's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$36.56. ResMed's Cyclically Adjusted PS Ratio for today is 6.67.

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

BSP:R1MD34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.15   Med: 9.72   Max: 18.37
Current: 8.01

During the past years, ResMed's highest Cyclically Adjusted PS Ratio was 18.37. The lowest was 6.15. And the median was 9.72.

BSP:R1MD34's Cyclically Adjusted PS Ratio is ranked worse than
84.7% of 523 companies
in the Medical Devices & Instruments industry
Industry Median: 2.23 vs BSP:R1MD34: 8.01

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

ResMed's adjusted revenue per share data for the three months ended in Jun. 2026 was R$12.921. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$36.56 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ResMed  (BSP:R1MD34) Cyclically Adjusted PS Ratio Explanation

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


ResMed Cyclically Adjusted PS Ratio Related Terms


ResMed Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ResMed's Cyclically Adjusted PS 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.

ResMed Cyclically Adjusted PS Ratio Chart

ResMed Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.09 10.40 8.17 9.93 6.72

ResMed Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 9.93 10.26 8.87 7.96 6.72

BSP:R1MD34 vs MDLN, WST, COO: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, ResMed's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


ResMed Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

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

* The bar in red indicates where ResMed's Cyclically Adjusted PS Ratio falls into.


BSP:R1MD34
90GF Score
ResMed Inc BSP:R1MD34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ResMed Cyclically Adjusted PS Ratio Calculation

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

ResMed's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=243.85/36.56
=6.67

* 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.

ResMed's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, ResMed's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=12.921/333.9520*333.9520
=12.921

Current CPI (Jun. 2026) = 333.9520.

ResMed Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.664 241.428 3.685
201612 3.130 241.432 4.329
201703 2.817 243.801 3.859
201706 3.213 244.955 4.380
201709 2.858 246.819 3.867
201712 3.443 246.524 4.664
201803 3.368 249.554 4.507
201806 4.075 251.989 5.400
201809 4.195 252.439 5.550
201812 4.379 251.233 5.821
201903 4.405 254.202 5.787
201906 4.690 256.143 6.115
201909 4.834 256.759 6.287
201912 5.189 256.974 6.743
202003 6.452 258.115 8.348
202006 6.837 257.797 8.857
202009 6.948 260.280 8.915
202012 7.027 260.474 9.009
202103 7.443 264.877 9.384
202106 7.512 271.696 9.233
202109 8.124 274.310 9.890
202112 8.604 278.802 10.306
202203 7.318 287.504 8.500
202206 7.849 296.311 8.846
202209 8.467 296.808 9.527
202212 9.196 296.797 10.347
202303 9.867 301.836 10.917
202306 9.223 305.109 10.095
202309 9.228 307.789 10.012
202312 9.654 306.746 10.510
202403 10.106 312.332 10.806
202406 11.163 314.175 11.866
202409 11.486 315.301 12.165
202412 13.259 315.605 14.030
202503 12.631 319.799 13.190
202506 12.708 322.561 13.157
202509 12.190 324.800 12.533
202512 13.258 324.054 13.663
202603 12.842 330.213 12.987
202606 12.921 333.952 12.921

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 6.67 mean?
ResMed (BSP:R1MD34) has a Cyclically Adjusted PS Ratio of 6.67 as of Aug. 25, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on ResMed and its competitors. This is 31% below median its historical median of 9.72. Over the past decade, ResMed's Cyclically Adjusted PS Ratio has ranged from 6.15 to 18.37. According to the industry distribution chart, ResMed ranks #443 out of 523 companies in the Medical Devices & Instruments industry, placing it in the top 84.7%.
Is ResMed's Cyclically Adjusted PS Ratio too high?
ResMed's current Cyclically Adjusted PS Ratio of 6.67 is 31% below median its 10-year median of 9.72. Over the past 10 years, this metric has ranged from a low of 6.15 to a high of 18.37. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.23. ResMed's value of 6.67 is 199.1% above this industry median. Based on the distribution chart, ResMed ranks #443 out of 523 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, ResMed has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does ResMed's Cyclically Adjusted PS Ratio compare to MDLN and WST?
According to the Medical Devices & Instruments industry distribution chart, ResMed ranks #443 out of 523 companies for Cyclically Adjusted PS Ratio. This places ResMed in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.23. ResMed's value of 6.67 is 199.1% above this benchmark. Historically, ResMed's own Cyclically Adjusted PS Ratio has ranged from 6.15 to 18.37 over the past decade. While the company's 10-year median is 9.72 vs. the industry median of 2.23, ResMed 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 PS Ratio for a Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.23, based on 523 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ResMed's current Cyclically Adjusted PS Ratio of 6.67 is 199.1% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on ResMed and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ResMed's current Cyclically Adjusted PS Ratio is 6.67, which is 31% below median its own 10-year median of 9.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ResMed stock overvalued right now?
ResMed (BSP:R1MD34) has a current Cyclically Adjusted PS Ratio of 6.67. The stock's GF Value™ is R$280.33, compared to a current price of R$243.85 — trading 13% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.67, which is 31% below median its 10-year median of 9.72 and 199.1% above the Medical Devices & Instruments industry median of 2.23. ResMed's overall GF Score™ is 90/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For ResMed (BSP:R1MD34), the current Cyclically Adjusted PS Ratio is 6.67 as of Aug. 25, 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 ResMed (BSP:R1MD34) Overvalued in 2026?

Based on GuruFocus' analysis, ResMed stock appears to be undervalued. The current stock price of R$243.85 is trading 13% below its estimated GF Value™ of R$280.33.

Key valuation signals for BSP:R1MD34:

  • Cyclically Adjusted PS Ratio: 6.67 (31% below median its 10-year median of 9.72)
  • GF Value™: R$280.33 vs. price of R$243.85 (13% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 199.1% above the Medical Devices & Instruments median (#443 of 523)

No single metric tells the full story. See the BSP:R1MD34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ResMed Business Description

Address 9001 Spectrum Center Boulevard, San Diego, CA, USA, 92123
ResMed is one of the largest respiratory care device companies globally, primarily developing and supplying flow generators, masks, and accessories for the treatment of sleep apnea. Increasing diagnosis of sleep apnea combined with aging populations and increasing prevalence of obesity is resulting in a structurally growing market. The company earns roughly two-thirds of its revenue in the Americas and the balance across other regions dominated by Europe, Japan, and Australia. Recent developments and acquisitions have focused on digital health as ResMed is aiming to differentiate itself through the provision of clinical data for use by the patient, medical care advisor, and payer in the out-of-hospital setting.
90GF Score

Get the complete analysis for BSP:R1MD34

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

R$243.85
Price
R$280.33
GF Value