DexCom (MEX:DXCM) Cyclically Adjusted PS Ratio: 9.39 (As of Jul. 12, 2026) — 69% Below Median


MEX:DXCM DexCom Inc MEX:DXCM
80 GF Score
Price MXN1,245.00
GF Value MXN1,969.17
Valuation Significantly Undervalued
! 3 Warning Signs
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What is DexCom Cyclically Adjusted PS Ratio?

DexCom MEX:DXCM 80 Cyclically Adjusted PS Ratio is 9.39 as of Jul. 12, 2026, which is 69% below its 10-year median of 29.84. GuruFocus rates MEX:DXCM with a GF Score™ of 80/100 and a GF Value™ of MXN1,969.17 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 523 Medical Devices & Instruments companies, DexCom ranks worse than 87.95% on this metric.

As of today (2026-07-12), DexCom's current share price is MXN1245.00. DexCom's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN132.52. DexCom's Cyclically Adjusted PS Ratio for today is 9.39.

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

MEX:DXCM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.79   Med: 29.84   Max: 65.27
Current: 10.89

During the past years, DexCom's highest Cyclically Adjusted PS Ratio was 65.27. The lowest was 8.79. And the median was 29.84.

MEX:DXCM's Cyclically Adjusted PS Ratio is ranked worse than
87.95% of 523 companies
in the Medical Devices & Instruments industry
Industry Median: 2.28 vs MEX:DXCM: 10.89

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.

DexCom's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN54.607. 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 MXN132.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DexCom  (MEX:DXCM) 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.


DexCom Cyclically Adjusted PS Ratio Related Terms


DexCom Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DexCom'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.

DexCom Cyclically Adjusted PS Ratio Chart

DexCom 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 50.32 32.52 28.31 14.46 10.20

DexCom 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 12.04 14.63 10.75 10.20 9.13

MEX:DXCM vs GEHC, STE, ZBH: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, DexCom'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.


DexCom Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

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

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


MEX:DXCM
80GF Score
DexCom Inc MEX:DXCM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DexCom 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1245.00/132.52
=9.39

* 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.

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

For example, DexCom'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)
=54.607/330.2130*330.2130
=54.607

Current CPI (Mar. 2026) = 330.2130.

DexCom Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.593 241.018 10.403
201609 8.541 241.428 11.682
201612 10.443 241.432 14.283
201703 7.862 243.801 10.649
201706 8.821 244.955 11.891
201709 9.660 246.819 12.924
201712 12.487 246.524 16.726
201803 9.594 249.554 12.695
201806 13.325 251.989 17.461
201809 13.811 252.439 18.066
201812 18.684 251.233 24.558
201903 15.064 254.202 19.568
201906 17.733 256.143 22.861
201909 21.145 256.759 27.194
201912 23.565 256.974 30.281
202003 25.236 258.115 32.285
202006 26.878 257.797 34.428
202009 27.802 260.280 35.272
202012 28.491 260.474 36.119
202103 24.672 264.877 30.758
202106 27.736 271.696 33.710
202109 31.070 274.310 37.402
202112 33.193 278.802 39.314
202203 29.205 287.504 33.543
202206 33.237 296.311 37.040
202209 36.356 296.808 40.448
202212 37.308 296.797 41.508
202303 31.937 301.836 34.940
202306 34.618 305.109 37.466
202309 39.792 307.789 42.691
202312 42.100 306.746 45.321
202403 36.681 312.332 38.781
202406 44.143 314.175 46.396
202409 47.723 315.301 49.980
202412 57.101 315.605 59.744
202503 52.012 319.799 53.706
202506 53.374 322.561 54.640
202509 54.452 324.800 55.359
202512 56.856 324.054 57.937
202603 54.607 330.213 54.607

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 9.39 mean?
DexCom (MEX:DXCM) has a Cyclically Adjusted PS Ratio of 9.39 as of Jul. 12, 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 DexCom and its competitors. This is 69% below median its historical median of 29.84. Over the past decade, DexCom's Cyclically Adjusted PS Ratio has ranged from 8.79 to 65.27. According to the industry distribution chart, DexCom ranks #460 out of 523 companies in the Medical Devices & Instruments industry, placing it in the top 88%.
Is DexCom's Cyclically Adjusted PS Ratio too high?
DexCom's current Cyclically Adjusted PS Ratio of 9.39 is 69% below median its 10-year median of 29.84. Over the past 10 years, this metric has ranged from a low of 8.79 to a high of 65.27. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.28. DexCom's value of 9.39 is 311.8% above this industry median. Based on the distribution chart, DexCom ranks #460 out of 523 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, DexCom has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DexCom's Cyclically Adjusted PS Ratio compare to GEHC and STE?
According to the Medical Devices & Instruments industry distribution chart, DexCom ranks #460 out of 523 companies for Cyclically Adjusted PS Ratio. This places DexCom in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.28. DexCom's value of 9.39 is 311.8% above this benchmark. Historically, DexCom's own Cyclically Adjusted PS Ratio has ranged from 8.79 to 65.27 over the past decade. While the company's 10-year median is 29.84 vs. the industry median of 2.28, DexCom 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 2.28, 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. DexCom's current Cyclically Adjusted PS Ratio of 9.39 is 311.8% 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 DexCom and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DexCom's current Cyclically Adjusted PS Ratio is 9.39, which is 69% below median its own 10-year median of 29.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DexCom stock overvalued right now?
Based on GuruFocus' analysis, DexCom (MEX:DXCM) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,969.17, compared to a current price of MXN1,245.00 — trading 36.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.39, which is 69% below median its 10-year median of 29.84 and 311.8% above the Medical Devices & Instruments industry median of 2.28. DexCom's overall GF Score™ is 80/100 with 3 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 DexCom (MEX:DXCM), the current Cyclically Adjusted PS Ratio is 9.39 as of Jul. 12, 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 DexCom (MEX:DXCM) Overvalued in 2026?

Based on GuruFocus' analysis, DexCom stock appears to be undervalued. The current stock price of MXN1,245.00 is trading 36.8% below its estimated GF Value™ of MXN1,969.17. GuruFocus considers DexCom to be Significantly Undervalued.

Key valuation signals for MEX:DXCM:

  • Cyclically Adjusted PS Ratio: 9.39 (69% below median its 10-year median of 29.84)
  • GF Value™: MXN1,969.17 vs. price of MXN1,245.00 (36.8% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 311.8% above the Medical Devices & Instruments median (#460 of 523)

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


DexCom Business Description

Address 6340 Sequence Drive, San Diego, CA, USA, 92121
DexCom designs and commercializes continuous glucose monitoring systems for diabetic patients. CGM systems serve as an alternative to the traditional blood glucose meter process, and the company is evolving its CGM systems to provide integration with insulin pumps from Insulet and Tandem for automatic insulin delivery. DexCom's CGMs are available through medical equipment distributors as well as retail pharmacies.
80GF Score

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

MXN1,245.00
Price
MXN1,969.17
GF Value