ELMD (Electromed) Cyclically Adjusted PS Ratio: 7.58 (As of Jul. 16, 2026) — 119% Above Median

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ELMD Electromed Inc ELMD
91 GF Score
Price $42.29
GF Value $25.33
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Electromed Cyclically Adjusted PS Ratio?

Electromed ELMD -4.62% 91 Cyclically Adjusted PS Ratio is 7.58 as of Jul. 16, 2026, which is 119% above its 10-year median of 3.46. GuruFocus rates ELMD with a GF Score™ of 91/100 and a GF Value™ of $25.33 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 523 Medical Devices & Instruments companies, Electromed ranks worse than 85.09% on this metric.

As of today (2026-07-16), Electromed's current share price is $42.29. Electromed's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $5.58. Electromed's Cyclically Adjusted PS Ratio for today is 7.58.

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

ELMD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.75   Med: 3.46   Max: 8.18
Current: 7.94

During the past years, Electromed's highest Cyclically Adjusted PS Ratio was 8.18. The lowest was 1.75. And the median was 3.46.

ELMD's Cyclically Adjusted PS Ratio is ranked worse than
85.09% of 523 companies
in the Medical Devices & Instruments industry
Industry Median: 2.25 vs ELMD: 7.94

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.

Electromed's adjusted revenue per share data for the three months ended in Mar. 2026 was $2.148. 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 $5.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electromed  (AMEX:ELMD) 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.


Electromed Cyclically Adjusted PS Ratio Related Terms


Electromed Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Electromed'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.

Electromed Cyclically Adjusted PS Ratio Chart

Electromed Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 2.62 2.61 3.27 4.29

Electromed Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.81 4.29 4.66 5.42 4.19

ELMD vs CATX, MASS, CV: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, Electromed'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.


Electromed Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

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

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


ELMD
91GF Score
Electromed Inc ELMD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electromed 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.29/5.58
=7.58

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.148/330.2130*330.2130
=2.148

Current CPI (Mar. 2026) = 330.2130.

Electromed Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.682 241.018 0.934
201609 0.656 241.428 0.897
201612 0.756 241.432 1.034
201703 0.789 243.801 1.069
201706 0.856 244.955 1.154
201709 0.732 246.819 0.979
201712 0.805 246.524 1.078
201803 0.832 249.554 1.101
201806 0.918 251.989 1.203
201809 0.842 252.439 1.101
201812 0.924 251.233 1.214
201903 0.860 254.202 1.117
201906 0.999 256.143 1.288
201909 0.960 256.759 1.235
201912 0.976 256.974 1.254
202003 0.985 258.115 1.260
202006 0.762 257.797 0.976
202009 0.893 260.280 1.133
202012 1.064 260.474 1.349
202103 0.987 264.877 1.230
202106 1.066 271.696 1.296
202109 1.126 274.310 1.355
202112 1.170 278.802 1.386
202203 1.160 287.504 1.332
202206 1.283 296.311 1.430
202209 1.227 296.808 1.365
202212 1.351 296.797 1.503
202303 1.386 301.836 1.516
202306 1.561 305.109 1.689
202309 1.403 307.789 1.505
202312 1.556 306.746 1.675
202403 1.560 312.332 1.649
202406 1.650 314.175 1.734
202409 1.633 315.301 1.710
202412 1.816 315.605 1.900
202503 1.749 319.799 1.806
202506 1.995 322.561 2.042
202509 1.945 324.800 1.977
202512 2.175 324.054 2.216
202603 2.148 330.213 2.148

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 7.58 mean?
Electromed (ELMD) has a Cyclically Adjusted PS Ratio of 7.58 as of Jul. 16, 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 Electromed and its competitors. This is 119% above median its historical median of 3.46. Over the past decade, Electromed's Cyclically Adjusted PS Ratio has ranged from 1.75 to 8.18. According to the industry distribution chart, Electromed ranks #445 out of 523 companies in the Medical Devices & Instruments industry, placing it in the top 85.1%.
Is Electromed's Cyclically Adjusted PS Ratio too high?
Electromed's current Cyclically Adjusted PS Ratio of 7.58 is 119% above median its 10-year median of 3.46. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 8.18. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.25. Electromed's value of 7.58 is 236.9% above this industry median. Based on the distribution chart, Electromed ranks #445 out of 523 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Electromed has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Electromed's Cyclically Adjusted PS Ratio compare to CATX and MASS?
According to the Medical Devices & Instruments industry distribution chart, Electromed ranks #445 out of 523 companies for Cyclically Adjusted PS Ratio. This places Electromed in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.25. Electromed's value of 7.58 is 236.9% above this benchmark. Historically, Electromed's own Cyclically Adjusted PS Ratio has ranged from 1.75 to 8.18 over the past decade. While the company's 10-year median is 3.46 vs. the industry median of 2.25, Electromed 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 2.25, 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. Electromed's current Cyclically Adjusted PS Ratio of 7.58 is 236.9% 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 Electromed and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electromed's current Cyclically Adjusted PS Ratio is 7.58, which is 119% above median its own 10-year median of 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electromed stock overvalued right now?
Based on GuruFocus' analysis, Electromed (ELMD) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.33, compared to a current price of $42.29 — trading 67% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.58, which is 119% above median its 10-year median of 3.46 and 236.9% above the Medical Devices & Instruments industry median of 2.25. Electromed's overall GF Score™ is 91/100 with 5 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 Electromed (ELMD), the current Cyclically Adjusted PS Ratio is 7.58 as of Jul. 16, 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 Electromed (ELMD) Overvalued in 2026?

Based on GuruFocus' analysis, Electromed stock appears to be overvalued. The current stock price of $42.29 is trading 67% above its estimated GF Value™ of $25.33. GuruFocus considers Electromed to be Significantly Overvalued.

Key valuation signals for ELMD:

  • Cyclically Adjusted PS Ratio: 7.58 (119% above median its 10-year median of 3.46)
  • GF Value™: $25.33 vs. price of $42.29 (67% above fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 236.9% above the Medical Devices & Instruments median (#445 of 523)

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


Electromed Business Description

Address 500 Sixth Avenue NW, New Prague, MN, USA, 56071
Electromed Inc is a United States-based company that develops, manufactures, markets, and sells products that provide airway clearance therapy, including the SmartVest Airway Clearance System and related products, to patients with compromised pulmonary function with a commitment to excellence and compassionate service. The SmartVest System features a programmable air pulse generator, a therapy garment worn over the upper body and a connecting hose, which together provide safe, comfortable, and effective airway clearance therapy.
91GF Score

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

$42.29
Price
$25.33
GF Value