XMax (FRA:15N) Cyclically Adjusted PS Ratio: 0.21 (As of Sep. 16, 2026) — 250% Above Median

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FRA:15N XMax Inc FRA:15N
38 GF Score
Price €7.50
GF Value €0.01
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is XMax Cyclically Adjusted PS Ratio?

XMax FRA:15N +4.17% 38 Cyclically Adjusted PS Ratio is 0.21 as of Sep. 16, 2026, which is 250% above its 10-year median of 0.06. GuruFocus rates FRA:15N with a GF Score™ of 38/100 and a GF Value™ of €0.01 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 335 Furnishings, Fixtures & Appliances companies, XMax ranks better than 79.4% on this metric.

As of today (2026-09-16), XMax's current share price is €7.50. XMax's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €35.17. XMax's Cyclically Adjusted PS Ratio for today is 0.21.

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

FRA:15N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 0.29
Current: 0.23

During the past years, XMax's highest Cyclically Adjusted PS Ratio was 0.29. The lowest was 0.01. And the median was 0.06.

FRA:15N's Cyclically Adjusted PS Ratio is ranked better than
79.4% of 335 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.69 vs FRA:15N: 0.23

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.

XMax's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.039. 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 €35.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


XMax  (FRA:15N) 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.


XMax Cyclically Adjusted PS Ratio Related Terms


XMax Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for XMax'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.

XMax Cyclically Adjusted PS Ratio Chart

XMax 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 0.09 0.02 0.05 0.01 0.01

XMax 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 0.01 0.01 0.01 0.01 0.02

FRA:15N vs ETD, HBB, FLXS: Cyclically Adjusted PS Ratio Comparison

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


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

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

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


FRA:15N
38GF Score
XMax Inc FRA:15N
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

XMax 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.50/35.167
=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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, XMax'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)
=0.039/333.9520*333.9520
=0.039

Current CPI (Jun. 2026) = 333.9520.

XMax Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 17.541 241.018 24.305
201609 26.766 241.428 37.024
201612 18.140 241.432 25.091
201703 15.489 243.801 21.216
201706 16.127 244.955 21.986
201709 25.291 246.819 34.219
201712 27.295 246.524 36.975
201803 15.812 249.554 21.160
201806 17.735 251.989 23.504
201809 12.657 252.439 16.744
201812 19.543 251.233 25.978
201903 6.756 254.202 8.876
201906 2.304 256.143 3.004
201909 6.092 256.759 7.924
202003 1.795 258.115 2.322
202006 1.868 257.797 2.420
202009 2.541 260.280 3.260
202012 2.650 260.474 3.398
202103 2.470 264.877 3.114
202106 2.629 271.696 3.231
202109 1.933 274.310 2.353
202112 1.929 278.802 2.311
202203 2.387 287.504 2.773
202206 2.601 296.311 2.931
202209 2.159 296.808 2.429
202212 1.587 296.797 1.786
202303 1.218 301.836 1.348
202306 2.809 305.109 3.075
202309 1.471 307.789 1.596
202312 1.103 306.746 1.201
202403 0.979 312.332 1.047
202406 0.984 314.175 1.046
202409 0.691 315.301 0.732
202412 0.258 315.605 0.273
202503 0.256 319.799 0.267
202506 0.164 322.561 0.170
202509 0.463 324.800 0.476
202512 0.036 324.054 0.037
202603 0.034 330.213 0.034
202606 0.039 333.952 0.039

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 0.21 mean?
XMax (FRA:15N) has a Cyclically Adjusted PS Ratio of 0.21 as of Sep. 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 XMax and its competitors. This is 250% above median its historical median of 0.06. Over the past decade, XMax's Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.29. According to the industry distribution chart, XMax ranks #69 out of 335 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 20.6%.
Is XMax's Cyclically Adjusted PS Ratio too high?
XMax's current Cyclically Adjusted PS Ratio of 0.21 is 250% above median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.29. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.69. XMax's value of 0.21 is 69.6% below this industry median. Based on the distribution chart, XMax ranks #69 out of 335 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 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does XMax's Cyclically Adjusted PS Ratio compare to ETD and HBB?
According to the Furnishings, Fixtures & Appliances industry distribution chart, XMax ranks #69 out of 335 companies for Cyclically Adjusted PS Ratio. This places XMax in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.69. XMax's value of 0.21 is 69.6% below this benchmark. Historically, XMax's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.29 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.69, 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 PS Ratio for a Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.69, based on 335 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. XMax's current Cyclically Adjusted PS Ratio of 0.21 is 69.6% 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 XMax and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XMax's current Cyclically Adjusted PS Ratio is 0.21, which is 250% above median its own 10-year median of 0.06. 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 (FRA:15N) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €7.50 — trading 74900% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.21, which is 250% above median its 10-year median of 0.06 and 69.6% below the Furnishings, Fixtures & Appliances industry median of 0.69. XMax's overall GF Score™ is 38/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For XMax (FRA:15N), the current Cyclically Adjusted PS Ratio is 0.21 as of Sep. 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 XMax (FRA:15N) Overvalued in 2026?

Based on GuruFocus' analysis, XMax stock appears to be overvalued. The current stock price of €7.50 is trading 74900% above its estimated GF Value™ of €0.01. GuruFocus considers XMax to be Significantly Overvalued.

Key valuation signals for FRA:15N:

  • Cyclically Adjusted PS Ratio: 0.21 (250% above median its 10-year median of 0.06)
  • GF Value™: €0.01 vs. price of €7.50 (74900% above fair value)
  • GF Score™: 38/100 with 9 warning signs
  • Industry Position: 69.6% below the Furnishings, Fixtures & Appliances median (#69 of 335)

No single metric tells the full story. See the FRA:15N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XMax Business Description

Other Exchanges XMAX:USA
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.
38GF Score

Get the complete analysis for FRA:15N

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

€7.50
Price
€0.01
GF Value