Xtant Medical Holdings (FRA:XMS) Cyclically Adjusted PS Ratio: 0.02 (As of Jul. 15, 2026) — Near Median

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FRA:XMS Xtant Medical Holdings Inc FRA:XMS
27 GF Score
Price €0.35
GF Value €0.48
! 4 Warning Signs
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What is Xtant Medical Holdings Cyclically Adjusted PS Ratio?

Xtant Medical Holdings FRA:XMS 27 Cyclically Adjusted PS Ratio is 0.02 as of Jul. 15, 2026, which is at its 10-year median of 0.02. GuruFocus rates FRA:XMS with a GF Score™ of 27/100 and a GF Value™ of €0.48. The stock has 4 warning signs investors should review. Among 523 Medical Devices & Instruments companies, Xtant Medical Holdings ranks better than 99.81% on this metric.

As of today (2026-07-15), Xtant Medical Holdings's current share price is €0.352. Xtant Medical Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €15.27. Xtant Medical Holdings's Cyclically Adjusted PS Ratio for today is 0.02.

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

FRA:XMS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.09
Current: 0.02

During the past years, Xtant Medical Holdings's highest Cyclically Adjusted PS Ratio was 0.09. The lowest was 0.01. And the median was 0.02.

FRA:XMS's Cyclically Adjusted PS Ratio is ranked better than
99.81% of 523 companies
in the Medical Devices & Instruments industry
Industry Median: 2.25 vs FRA:XMS: 0.02

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.

Xtant Medical Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.129. 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 €15.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xtant Medical Holdings  (FRA:XMS) 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.


Xtant Medical Holdings Cyclically Adjusted PS Ratio Related Terms


Xtant Medical Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Xtant Medical 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.

Xtant Medical Holdings Cyclically Adjusted PS Ratio Chart

Xtant Medical 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 0.01 0.01 0.03 0.01 0.04

Xtant Medical 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 0.02 0.03 0.03 0.04 0.03

FRA:XMS vs POSC, LUNG, MDAI: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, Xtant Medical 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.


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

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

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


FRA:XMS
27GF Score
Xtant Medical Holdings Inc FRA:XMS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xtant Medical 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.352/15.27
=0.02

* 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.

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

For example, Xtant Medical 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)
=0.129/330.2130*330.2130
=0.129

Current CPI (Mar. 2026) = 330.2130.

Xtant Medical Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 18.800 241.018 25.757
201609 20.095 241.428 27.485
201612 19.062 241.432 26.072
201703 13.710 243.801 18.569
201706 12.543 244.955 16.909
201709 10.887 246.819 14.565
201712 10.705 246.524 14.339
201803 1.930 249.554 2.554
201806 1.217 251.989 1.595
201809 1.116 252.439 1.460
201812 1.210 251.233 1.590
201903 1.116 254.202 1.450
201906 1.019 256.143 1.314
201909 1.077 256.759 1.385
201912 1.152 256.974 1.480
202003 1.015 258.115 1.299
202006 0.707 257.797 0.906
202009 0.899 260.280 1.141
202012 0.149 260.474 0.189
202103 0.130 264.877 0.162
202106 0.143 271.696 0.174
202109 0.135 274.310 0.163
202112 0.142 278.802 0.168
202203 0.135 287.504 0.155
202206 0.166 296.311 0.185
202209 0.157 296.808 0.175
202212 0.133 296.797 0.148
202303 0.154 301.836 0.168
202306 0.171 305.109 0.185
202309 0.173 307.789 0.186
202312 0.190 306.746 0.205
202403 0.197 312.332 0.208
202406 0.214 314.175 0.225
202409 0.186 315.301 0.195
202412 0.216 315.605 0.226
202503 0.212 319.799 0.219
202506 0.207 322.561 0.212
202509 0.188 324.800 0.191
202512 0.184 324.054 0.187
202603 0.129 330.213 0.129

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 0.02 mean?
Xtant Medical Holdings (FRA:XMS) has a Cyclically Adjusted PS Ratio of 0.02 as of Jul. 15, 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 Xtant Medical Holdings and its competitors. This is near median its historical median of 0.02. Over the past decade, Xtant Medical Holdings' Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.09. According to the industry distribution chart, Xtant Medical Holdings ranks #1 out of 523 companies in the Medical Devices & Instruments industry, placing it in the top 0.2%.
Is Xtant Medical Holdings' Cyclically Adjusted PS Ratio too high?
Xtant Medical Holdings' current Cyclically Adjusted PS Ratio of 0.02 is near median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.09. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.25. Xtant Medical Holdings' value of 0.02 is 99.1% below this industry median. Based on the distribution chart, Xtant Medical Holdings ranks #1 out of 523 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Xtant Medical Holdings has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Xtant Medical Holdings' Cyclically Adjusted PS Ratio compare to POSC and LUNG?
According to the Medical Devices & Instruments industry distribution chart, Xtant Medical Holdings ranks #1 out of 523 companies for Cyclically Adjusted PS Ratio. This places Xtant Medical Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.25. Xtant Medical Holdings' value of 0.02 is 99.1% below this benchmark. Historically, Xtant Medical Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.09 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 2.25, Xtant Medical Holdings 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 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. Xtant Medical Holdings's current Cyclically Adjusted PS Ratio of 0.02 is 99.1% 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 Xtant Medical Holdings 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. Xtant Medical Holdings's current Cyclically Adjusted PS Ratio is 0.02, which is near median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xtant Medical Holdings stock overvalued right now?
Xtant Medical Holdings (FRA:XMS) has a current Cyclically Adjusted PS Ratio of 0.02. The stock's GF Value™ is €0.48, compared to a current price of €0.35 — trading 26.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.02, which is near median its 10-year median of 0.02 and 99.1% below the Medical Devices & Instruments industry median of 2.25. Xtant Medical Holdings' overall GF Score™ is 27/100 with 4 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 Xtant Medical Holdings (FRA:XMS), the current Cyclically Adjusted PS Ratio is 0.02 as of Jul. 15, 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 Xtant Medical Holdings (FRA:XMS) Overvalued in 2026?

Based on GuruFocus' analysis, Xtant Medical Holdings stock appears to be undervalued. The current stock price of €0.35 is trading 26.7% below its estimated GF Value™ of €0.48.

Key valuation signals for FRA:XMS:

  • Cyclically Adjusted PS Ratio: 0.02 (near median its 10-year median of 0.02)
  • GF Value™: €0.48 vs. price of €0.35 (26.7% below fair value)
  • GF Score™: 27/100 with 4 warning signs
  • Industry Position: 99.1% below the Medical Devices & Instruments median (#1 of 523)

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


Xtant Medical Holdings Business Description

Other Exchanges XTNT:USA
Address 664 Cruiser Lane, Belgrade, MT, USA, 59714
Xtant Medical Holdings Inc is a medical technology company focused on the design, development, and commercialization of a comprehensive portfolio of orthobiologics and spinal implant systems to facilitate spinal fusion in complex spine, deformity and degenerative procedures. Its products are used by orthopedic spine surgeons and neurosurgeons to treat a variety of spinal disorders in the cervical, thoracolumbar, and interbody spine. The company's biomaterial products include OsteoSponge, OsteoSponge SC, OsteoSelect Plus DBM putty, OsteoWrap, and the line of 3Demin products, as well as other allografts. It generates a majority of its revenue from the U.S.
27GF Score

Get the complete analysis for FRA:XMS

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

€0.35
Price
€0.48
GF Value