iRhythm Holdings (FRA:I25) Cyclically Adjusted PS Ratio: 8.78 (As of Aug. 01, 2026) — 27% Below Median

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FRA:I25 iRhythm Holdings Inc FRA:I25
79 GF Score
Price €99.50
GF Value €140.29
Valuation Significantly Undervalued
! 1 Warning Sign
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What is iRhythm Holdings Cyclically Adjusted PS Ratio?

iRhythm Holdings FRA:I25 -3.40% 79 Cyclically Adjusted PS Ratio is 8.78 as of Aug. 01, 2026, which is 27% below its 10-year median of 12.03. GuruFocus rates FRA:I25 with a GF Score™ of 79/100 and a GF Value™ of €140.29 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 520 Medical Devices & Instruments companies, iRhythm Holdings ranks worse than 86.35% on this metric.

As of today (2026-08-01), iRhythm Holdings's current share price is €99.50. iRhythm Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €11.33. iRhythm Holdings's Cyclically Adjusted PS Ratio for today is 8.78.

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

FRA:I25' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.67   Med: 12.03   Max: 15.36
Current: 8.59

During the past years, iRhythm Holdings's highest Cyclically Adjusted PS Ratio was 15.36. The lowest was 7.67. And the median was 12.03.

FRA:I25's Cyclically Adjusted PS Ratio is ranked worse than
86.35% of 520 companies
in the Medical Devices & Instruments industry
Industry Median: 2.26 vs FRA:I25: 8.59

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.

iRhythm Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was €5.306. 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 €11.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


iRhythm Holdings  (FRA:I25) 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.


iRhythm Holdings Cyclically Adjusted PS Ratio Related Terms


iRhythm Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for iRhythm 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.

iRhythm Holdings Cyclically Adjusted PS Ratio Chart

iRhythm 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 0.00 0.00 0.00 0.00 13.75

iRhythm Holdings 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 9.18 13.06 13.88 13.75 8.65

FRA:I25 vs HAE, ITGR, LIVN: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, iRhythm 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.


iRhythm Holdings Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

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

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


FRA:I25
79GF Score
iRhythm Holdings Inc FRA:I25
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

iRhythm 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=99.50/11.33
=8.78

* 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.

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

For example, iRhythm Holdings'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)
=5.306/330.2130*330.2130
=5.306

Current CPI (Mar. 2026) = 330.2130.

iRhythm Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.694 241.018 0.951
201609 0.741 241.428 1.014
201612 0.801 241.432 1.096
201703 0.905 243.801 1.226
201706 0.949 244.955 1.279
201709 0.921 246.819 1.232
201712 1.050 246.524 1.406
201803 1.056 249.554 1.397
201806 1.279 251.989 1.676
201809 1.369 252.439 1.791
201812 1.514 251.233 1.990
201903 1.748 254.202 2.271
201906 1.877 256.143 2.420
201909 1.966 256.759 2.528
201912 1.999 256.974 2.569
202003 2.142 258.115 2.740
202006 1.662 257.797 2.129
202009 2.178 260.280 2.763
202012 2.238 260.474 2.837
202103 2.140 264.877 2.668
202106 2.301 271.696 2.797
202109 2.470 274.310 2.973
202112 2.459 278.802 2.912
202203 2.834 287.504 3.255
202206 3.235 296.311 3.605
202209 3.491 296.808 3.884
202212 3.526 296.797 3.923
202303 3.435 301.836 3.758
202306 3.756 305.109 4.065
202309 3.815 307.789 4.093
202312 3.958 306.746 4.261
202403 3.911 312.332 4.135
202406 4.416 314.175 4.641
202409 4.252 315.301 4.453
202412 5.007 315.605 5.239
202503 4.646 319.799 4.797
202506 5.060 322.561 5.180
202509 5.108 324.800 5.193
202512 5.530 324.054 5.635
202603 5.306 330.213 5.306

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 8.78 mean?
iRhythm Holdings (FRA:I25) has a Cyclically Adjusted PS Ratio of 8.78 as of Aug. 01, 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 iRhythm Holdings and its competitors. This is 27% below median its historical median of 12.03. Over the past decade, iRhythm Holdings' Cyclically Adjusted PS Ratio has ranged from 7.67 to 15.36. According to the industry distribution chart, iRhythm Holdings ranks #449 out of 520 companies in the Medical Devices & Instruments industry, placing it in the top 86.3%.
Is iRhythm Holdings' Cyclically Adjusted PS Ratio too high?
iRhythm Holdings' current Cyclically Adjusted PS Ratio of 8.78 is 27% below median its 10-year median of 12.03. Over the past 10 years, this metric has ranged from a low of 7.67 to a high of 15.36. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.26. iRhythm Holdings' value of 8.78 is 288.5% above this industry median. Based on the distribution chart, iRhythm Holdings ranks #449 out of 520 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, iRhythm Holdings has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does iRhythm Holdings' Cyclically Adjusted PS Ratio compare to HAE and ITGR?
According to the Medical Devices & Instruments industry distribution chart, iRhythm Holdings ranks #449 out of 520 companies for Cyclically Adjusted PS Ratio. This places iRhythm Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.26. iRhythm Holdings' value of 8.78 is 288.5% above this benchmark. Historically, iRhythm Holdings' own Cyclically Adjusted PS Ratio has ranged from 7.67 to 15.36 over the past decade. While the company's 10-year median is 12.03 vs. the industry median of 2.26, iRhythm Holdings 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 2.26, based on 520 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. iRhythm Holdings's current Cyclically Adjusted PS Ratio of 8.78 is 288.5% 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 iRhythm Holdings and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iRhythm Holdings's current Cyclically Adjusted PS Ratio is 8.78, which is 27% below median its own 10-year median of 12.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iRhythm Holdings stock overvalued right now?
Based on GuruFocus' analysis, iRhythm Holdings (FRA:I25) is currently considered Significantly Undervalued. The stock's GF Value™ is €140.29, compared to a current price of €99.50 — trading 29.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.78, which is 27% below median its 10-year median of 12.03 and 288.5% above the Medical Devices & Instruments industry median of 2.26. iRhythm Holdings' overall GF Score™ is 79/100 with 1 warning sign 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 iRhythm Holdings (FRA:I25), the current Cyclically Adjusted PS Ratio is 8.78 as of Aug. 01, 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 iRhythm Holdings (FRA:I25) Overvalued in 2026?

Based on GuruFocus' analysis, iRhythm Holdings stock appears to be undervalued. The current stock price of €99.50 is trading 29.1% below its estimated GF Value™ of €140.29. GuruFocus considers iRhythm Holdings to be Significantly Undervalued.

Key valuation signals for FRA:I25:

  • Cyclically Adjusted PS Ratio: 8.78 (27% below median its 10-year median of 12.03)
  • GF Value™: €140.29 vs. price of €99.50 (29.1% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 288.5% above the Medical Devices & Instruments median (#449 of 520)

No single metric tells the full story. See the FRA:I25 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


iRhythm Holdings Business Description

Other Exchanges IRTC:USA0A7L:UK
Address 699 8th Street, Suite 600, San Francisco, CA, USA, 94103
iRhythm Holdings Inc is a digital healthcare company that creates trusted solutions that detect, predict, and prevent disease. Its principal business is the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services that it believes allow clinicians to diagnose certain arrhythmias quicker and with greater efficiency than other services that rely on traditional technology. Each Zio System combines an FDA-cleared and CE-marked, wire-free, patch-based, 14-day wearable biosensor that continuously records electrocardiogram (ECG) data with a proprietary, FDA-cleared, CE-marked cloud-based data analytic software to help physicians monitor patients and diagnose arrhythmias.
79GF Score

Get the complete analysis for FRA:I25

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

€99.50
Price
€140.29
GF Value