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.
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.
Apyx MedicalFRA:BOV 72 Cyclically Adjusted PS Ratio is 2.42 as of Aug. 18, 2026, which is 25% below its 10-year median of 3.21. GuruFocus rates FRA:BOV with a GF Score™ of 72/100 and a GF Value™ of €1.85. The stock has 2 warning signs investors should review. Among 523 Medical Devices & Instruments companies, Apyx Medical ranks worse than 53.35% on this metric.
The historical rank and industry rank for Apyx Medical's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:BOV'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77 Med: 3.21 Max: 14.58
Current: 2.61
During the past years, Apyx Medical's highest Cyclically Adjusted PS Ratio was 14.58. The lowest was 0.77. And the median was 3.21.
FRA:BOV's Cyclically Adjusted PS Ratio is ranked worse than 53.35% of 523
companies
in the Medical Devices & Instruments industry
Industry Median: 2.31
vs FRA:BOV: 2.61
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.
Apyx Medical's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.275. 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 €1.06 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Apyx Medical (FRA:BOV) 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.
Apyx Medical Cyclically Adjusted PS Ratio Related Terms
Apyx Medical Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Apyx Medical'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.
FRA:BOV vs INGN, QSI, QTRX: Cyclically Adjusted PS Ratio Comparison
For the Medical Devices subindustry, Apyx Medical'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.
Apyx Medical Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Apyx Medical's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Apyx Medical's Cyclically Adjusted PS Ratio falls into.
Apyx Medical 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.
Apyx Medical's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 2.42 mean?
Apyx Medical (FRA:BOV) has a Cyclically Adjusted PS Ratio of 2.42 as of Aug. 18, 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 Apyx Medical and its competitors. This is 25% below median its historical median of 3.21. Over the past decade, Apyx Medical's Cyclically Adjusted PS Ratio has ranged from 0.77 to 14.58. According to the industry distribution chart, Apyx Medical ranks #279 out of 523 companies in the Medical Devices & Instruments industry, placing it in the top 53.3%.
Is Apyx Medical's Cyclically Adjusted PS Ratio too high?
Apyx Medical's current Cyclically Adjusted PS Ratio of 2.42 is 25% below median its 10-year median of 3.21. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 14.58. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.31. Apyx Medical's value of 2.42 is 4.8% above this industry median. Based on the distribution chart, Apyx Medical ranks #279 out of 523 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Apyx Medical has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Apyx Medical's Cyclically Adjusted PS Ratio compare to INGN and QSI?
According to the Medical Devices & Instruments industry distribution chart, Apyx Medical ranks #279 out of 523 companies for Cyclically Adjusted PS Ratio. This places Apyx Medical in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.31. Apyx Medical's value of 2.42 is 4.8% above this benchmark. Historically, Apyx Medical's own Cyclically Adjusted PS Ratio has ranged from 0.77 to 14.58 over the past decade. While the company's 10-year median is 3.21 vs. the industry median of 2.31, Apyx Medical 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 2.31, 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. Apyx Medical's current Cyclically Adjusted PS Ratio of 2.42 is 4.8% 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 Apyx Medical and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apyx Medical's current Cyclically Adjusted PS Ratio is 2.42, which is 25% below median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apyx Medical stock overvalued right now?
Apyx Medical (FRA:BOV) has a current Cyclically Adjusted PS Ratio of 2.42. The stock's GF Value™ is €1.85, compared to a current price of €2.56 — trading 38.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.42, which is 25% below median its 10-year median of 3.21 and 4.8% above the Medical Devices & Instruments industry median of 2.31. Apyx Medical's overall GF Score™ is 72/100 with 2 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 Apyx Medical (FRA:BOV), the current Cyclically Adjusted PS Ratio is 2.42 as of Aug. 18, 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 Apyx Medical (FRA:BOV) Overvalued in 2026?
Based on GuruFocus' analysis, Apyx Medical stock appears to be overvalued.
The current stock price of €2.56 is trading 38.4% above its estimated GF Value™ of €1.85.
Key valuation signals for FRA:BOV:
Cyclically Adjusted PS Ratio: 2.42 (25% below median its 10-year median of 3.21)
GF Value™: €1.85 vs. price of €2.56 (38.4% above fair value)
Industry Position: 4.8% above the Medical Devices & Instruments median (#279 of 523)
No single metric tells the full story. See the FRA:BOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apyx Medical Corp is an energy technology medical device company. It specializes in developing, manufacturing, and marketing a range of cosmetic and surgical products and technologies, as well as related medical products used in doctor's offices, surgery centers, and hospitals. Its product offerings comprise Renuvion cosmetic technology, which offers plastic surgeons, facial plastic surgeons, and cosmetic physicians the ability to provide controlled heat to the tissue to achieve desired results. The J-Plasma system allows surgeons to operate with a high level of precision and virtually eliminates unintended tissue trauma. It operates in two segments namely: Surgical Aesthetics and Original Equipment Manufacturing (OEM). Its Surgical Aesthetics segment derives the majority of its revenue.
72GF Score
Get the complete analysis for FRA:BOV
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:BOV has been successfully added to your 
