EXTR (Extreme Networks) Cyclically Adjusted PS Ratio: (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

EXTR Extreme Networks Inc EXTR
70 GF Score
Price $24.34
GF Value $18.45
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Extreme Networks Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Extreme Networks  (NAS:EXTR) 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.


Extreme Networks Cyclically Adjusted PS Ratio Related Terms


Extreme Networks Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Extreme Networks'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.

Extreme Networks Cyclically Adjusted PS Ratio Chart

Extreme Networks 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 1.15 3.04 1.50 1.93 0.00

Extreme Networks 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 1.93 2.19 1.76 1.55 0.00

EXTR vs BDC, ONDS, VISN: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Extreme Networks'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.


Extreme Networks Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Extreme Networks's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


EXTR
70GF Score
Extreme Networks Inc EXTR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Extreme Networks 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.

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

For example, Extreme Networks'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)
=2.533/333.9520*333.9520
=2.533

Current CPI (Jun. 2026) = 333.9520.

Extreme Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.157 241.428 1.600
201612 1.456 241.432 2.014
201703 1.366 243.801 1.871
201706 1.619 244.955 2.207
201709 1.788 246.819 2.419
201712 2.034 246.524 2.755
201803 2.277 249.554 3.047
201806 2.400 251.989 3.181
201809 2.044 252.439 2.704
201812 2.114 251.233 2.810
201903 2.127 254.202 2.794
201906 2.121 256.143 2.765
201909 2.125 256.759 2.764
201912 2.237 256.974 2.907
202003 1.758 258.115 2.275
202006 1.791 257.797 2.320
202009 1.937 260.280 2.485
202012 1.964 260.474 2.518
202103 1.949 264.877 2.457
202106 1.973 271.696 2.425
202109 2.009 274.310 2.446
202112 2.102 278.802 2.518
202203 2.140 287.504 2.486
202206 2.097 296.311 2.363
202209 2.239 296.808 2.519
202212 2.368 296.797 2.664
202303 2.500 301.836 2.766
202306 2.727 305.109 2.985
202309 2.646 307.789 2.871
202312 2.254 306.746 2.454
202403 1.632 312.332 1.745
202406 1.973 314.175 2.097
202409 2.052 315.301 2.173
202412 2.083 315.605 2.204
202503 2.114 319.799 2.208
202506 2.312 322.561 2.394
202509 2.297 324.800 2.362
202512 2.352 324.054 2.424
202603 2.372 330.213 2.399
202606 2.533 333.952 2.533

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.

Is Extreme Networks (EXTR) Overvalued in 2026?

Based on GuruFocus' analysis, Extreme Networks stock appears to be overvalued. The current stock price of $24.34 is trading 31.9% above its estimated GF Value™ of $18.45. GuruFocus considers Extreme Networks to be Significantly Overvalued.

Key valuation signals for EXTR:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $18.45 vs. price of $24.34 (31.9% above fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Extreme Networks Business Description

Other Exchanges 0IJW:UKEXM:Germany
Address 2121 RDU Center Drive, Suite 300, Morrisville, NC, USA, 27560
Extreme Networks Inc provides AI-powered cloud networking, focused on delivering simple and secure solutions that help businesses address challenges and enable connections among devices, applications, and users. The group designs, develops, and manufactures wired, wireless, and software-defined wide area network (SD-WAN) infrastructure equipment. It has one reportable segment, the development, marketing, and sale of network infrastructure equipment and related software. The Company operates in three geographical areas: Americas, EMEA, and APAC.
70GF Score

Get the complete analysis for EXTR

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

$24.34
Price
$18.45
GF Value