Xerox Holdings (BUE:XROX) Cyclically Adjusted PS Ratio: 0.06 (As of Aug. 08, 2026) — 84% Below Median

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BUE:XROX Xerox Holdings Corp BUE:XROX
32 GF Score
Price ARS5,095.00
GF Value ARS15,232.52
Valuation Possible Value Trap
! 7 Warning Signs
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What is Xerox Holdings Cyclically Adjusted PS Ratio?

Xerox Holdings BUE:XROX -1.45% 32 Cyclically Adjusted PS Ratio is 0.06 as of Aug. 08, 2026, which is 84% below its 10-year median of 0.38. GuruFocus rates BUE:XROX with a GF Score™ of 32/100 and a GF Value™ of ARS15,232.52 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,293 Industrial Products companies, Xerox Holdings ranks better than 98.6% on this metric.

As of today (2026-08-08), Xerox Holdings's current share price is ARS5095.00. Xerox Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ARS82,560.96. Xerox Holdings's Cyclically Adjusted PS Ratio for today is 0.06.

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

BUE:XROX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.38   Max: 0.72
Current: 0.06

During the past years, Xerox Holdings's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.02. And the median was 0.38.

BUE:XROX's Cyclically Adjusted PS Ratio is ranked better than
98.6% of 2293 companies
in the Industrial Products industry
Industry Median: 1.71 vs BUE:XROX: 0.06

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.

Xerox Holdings's adjusted revenue per share data for the three months ended in Jun. 2026 was ARS21,121.110. 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 ARS82,560.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xerox Holdings  (BUE:XROX) 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.


Xerox Holdings Cyclically Adjusted PS Ratio Related Terms


Xerox Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Xerox Holdings'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.

Xerox Holdings Cyclically Adjusted PS Ratio Chart

Xerox Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.29 0.38 0.17 0.05

Xerox 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 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 0.11 0.08 0.05 0.03 0.06

BUE:XROX vs ACCO, ACTG, EBF: Cyclically Adjusted PS Ratio Comparison

For the Business Equipment & Supplies subindustry, Xerox Holdings'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.


Xerox Holdings Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xerox Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BUE:XROX
32GF Score
Xerox Holdings Corp BUE:XROX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xerox Holdings 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.

Xerox Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5095.00/82560.96
=0.06

* 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.

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

For example, Xerox Holdings'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)
=21121.11/333.9520*333.9520
=21,121.110

Current CPI (Jun. 2026) = 333.9520.

Xerox Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 152.994 241.428 211.627
201612 168.511 241.432 233.087
201703 147.704 243.801 202.321
201706 160.802 244.955 219.225
201709 166.130 246.819 224.778
201712 183.748 246.524 248.913
201803 190.557 249.554 255.002
201806 242.683 251.989 321.619
201809 344.428 252.439 455.644
201812 361.666 251.233 480.745
201903 365.772 254.202 480.525
201906 429.739 256.143 560.282
201909 527.391 256.759 685.948
201912 679.141 256.974 882.581
202003 542.651 258.115 702.088
202006 465.256 257.797 602.696
202009 616.727 260.280 791.291
202012 787.510 260.474 1,009.661
202103 777.312 264.877 980.021
202106 898.582 271.696 1,104.482
202109 946.696 274.310 1,152.532
202112 1,055.487 278.802 1,264.274
202203 1,145.397 287.504 1,330.443
202206 1,354.750 296.311 1,526.847
202209 1,562.660 296.808 1,758.219
202212 2,077.602 296.797 2,337.690
202303 2,147.745 301.836 2,376.270
202306 2,681.120 305.109 2,934.575
202309 3,638.407 307.789 3,947.683
202312 5,068.047 306.746 5,517.544
202403 10,211.380 312.332 10,918.224
202406 11,254.820 314.175 11,963.300
202409 11,680.209 315.301 12,371.128
202412 13,096.637 315.605 13,857.981
202503 12,406.472 319.799 12,955.532
202506 14,874.510 322.561 15,399.792
202509 20,982.542 324.800 21,573.774
202512 23,018.069 324.054 23,721.140
202603 20,011.323 330.213 20,237.911
202606 21,121.110 333.952 21,121.110

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 0.06 mean?
Xerox Holdings (BUE:XROX) has a Cyclically Adjusted PS Ratio of 0.06 as of Aug. 08, 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 Xerox Holdings and its competitors. This is 84% below median its historical median of 0.38. Over the past decade, Xerox Holdings' Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.72. According to the industry distribution chart, Xerox Holdings ranks #32 out of 2293 companies in the Industrial Products industry, placing it in the top 1.4%.
Is Xerox Holdings' Cyclically Adjusted PS Ratio too high?
Xerox Holdings' current Cyclically Adjusted PS Ratio of 0.06 is 84% below median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.72. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Xerox Holdings' value of 0.06 is 96.5% below this industry median. Based on the distribution chart, Xerox Holdings ranks #32 out of 2293 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Xerox Holdings has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Xerox Holdings' Cyclically Adjusted PS Ratio compare to ACCO and ACTG?
According to the Industrial Products industry distribution chart, Xerox Holdings ranks #32 out of 2293 companies for Cyclically Adjusted PS Ratio. This places Xerox Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.71. Xerox Holdings' value of 0.06 is 96.5% below this benchmark. Historically, Xerox Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.72 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 1.71, Xerox Holdings 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 PS Ratio for an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,293 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. Xerox Holdings's current Cyclically Adjusted PS Ratio of 0.06 is 96.5% 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 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 Xerox Holdings and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xerox Holdings's current Cyclically Adjusted PS Ratio is 0.06, which is 84% below median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xerox Holdings stock overvalued right now?
Based on GuruFocus' analysis, Xerox Holdings (BUE:XROX) is currently considered Possible Value Trap. The stock's GF Value™ is ARS15,232.52, compared to a current price of ARS5,095.00 — trading 66.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.06, which is 84% below median its 10-year median of 0.38 and 96.5% below the Industrial Products industry median of 1.71. Xerox Holdings' overall GF Score™ is 32/100 with 7 warning signs 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 Xerox Holdings (BUE:XROX), the current Cyclically Adjusted PS Ratio is 0.06 as of Aug. 08, 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 Xerox Holdings (BUE:XROX) Overvalued in 2026?

Based on GuruFocus' analysis, Xerox Holdings stock appears to be undervalued. The current stock price of ARS5,095.00 is trading 66.6% below its estimated GF Value™ of ARS15,232.52. GuruFocus considers Xerox Holdings to be Possible Value Trap.

Key valuation signals for BUE:XROX:

  • Cyclically Adjusted PS Ratio: 0.06 (84% below median its 10-year median of 0.38)
  • GF Value™: ARS15,232.52 vs. price of ARS5,095.00 (66.6% below fair value)
  • GF Score™: 32/100 with 7 warning signs
  • Industry Position: 96.5% below the Industrial Products median (#32 of 2293)

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


Xerox Holdings Business Description

Address 401 MERRITT 7, P.O. Box 4505, Norwalk, CT, USA, 06851-1056
Xerox Holdings Corp is a workplace technology company, building and integrating services-led, software-enabled, workplace solutions for enterprises large and small. It provide advance document technology, services, software, and integrated IT infrastructure solutions for a range of customers including small and mid-sized businesses, large enterprises, governments and graphic communications providers, and for partners who serve them. Xerox serves customers globally in North America, Europe, Latin America, Brazil, Asia Pacific (APAC), the Middle East, Africa, and India.
32GF Score

Get the complete analysis for BUE:XROX

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

ARS5,095.00
Price
ARS15,232.52
GF Value