Xerox Holdings (MEX:XRX) Cyclically Adjusted PS Ratio: 0.01 (As of Jul. 28, 2026) — 97% Below Median

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MEX:XRX Xerox Holdings Corp MEX:XRX
55 GF Score
Price MXN34.50
GF Value MXN133.83
! 6 Warning Signs
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What is Xerox Holdings Cyclically Adjusted PS Ratio?

Xerox Holdings MEX:XRX 55 Cyclically Adjusted PS Ratio is 0.01 as of Jul. 28, 2026, which is 97% below its 10-year median of 0.38. GuruFocus rates MEX:XRX with a GF Score™ of 55/100 and a GF Value™ of MXN133.83. The stock has 6 warning signs investors should review. Among 2,301 Industrial Products companies, Xerox Holdings ranks better than 98.74% on this metric.

As of today (2026-07-28), Xerox Holdings's current share price is MXN34.50. Xerox Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN6,648.37. Xerox Holdings's Cyclically Adjusted PS Ratio for today is 0.01.

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

MEX:XRX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.38   Max: 0.72
Current: 0.05

During the past years, Xerox Holdings's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.02. And the median was 0.38.

MEX:XRX's Cyclically Adjusted PS Ratio is ranked better than
98.74% of 2301 companies
in the Industrial Products industry
Industry Median: 1.71 vs MEX:XRX: 0.05

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.

Xerox Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN258.079. 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 MXN6,648.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xerox Holdings  (MEX:XRX) 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.


Xerox Holdings Cyclically Adjusted PS Ratio Related Terms


Xerox Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Xerox 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.

Xerox Holdings Cyclically Adjusted PS Ratio Chart

Xerox 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 0.45 0.29 0.38 0.17 0.05

Xerox 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 0.10 0.11 0.08 0.05 0.03

MEX:XRX vs ACCO, ACTG, EBF: Cyclically Adjusted PS Ratio Comparison

For the Business Equipment & Supplies subindustry, Xerox 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.


Xerox Holdings Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xerox Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:XRX
55GF Score
Xerox Holdings Corp MEX:XRX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xerox 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.50/6648.37
=0.01

* 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.

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

For example, Xerox 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)
=258.079/330.2130*330.2130
=258.079

Current CPI (Mar. 2026) = 330.2130.

Xerox Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 202.158 241.018 276.972
201609 198.316 241.428 271.247
201612 219.158 241.432 299.748
201703 180.394 243.801 244.332
201706 176.289 244.955 237.647
201709 172.051 246.819 230.183
201712 188.988 246.524 253.145
201803 171.818 249.554 227.352
201806 191.203 251.989 250.557
201809 175.073 252.439 229.011
201812 188.339 251.233 247.547
201903 181.511 254.202 235.786
201906 184.758 256.143 238.185
201909 186.170 256.759 239.430
201912 214.285 256.974 275.357
202003 204.998 258.115 262.259
202006 156.867 257.797 200.931
202009 183.514 260.280 232.821
202012 192.494 260.474 244.032
202103 176.388 264.877 219.897
202106 188.823 271.696 229.491
202109 199.079 274.310 239.650
202112 214.400 278.802 253.935
202203 212.402 287.504 243.955
202206 226.501 296.311 252.416
202209 226.217 296.808 251.677
202212 241.604 296.797 268.806
202303 195.966 301.836 214.390
202306 191.520 305.109 207.278
202309 181.103 307.789 194.297
202312 238.300 306.746 256.531
202403 201.152 312.332 212.668
202406 230.251 314.175 242.005
202409 241.964 315.301 253.408
202412 270.435 315.605 282.952
202503 238.091 319.799 245.844
202506 235.906 322.561 241.502
202509 283.435 324.800 288.159
202512 285.539 324.054 290.966
202603 258.079 330.213 258.079

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 0.01 mean?
Xerox Holdings (MEX:XRX) has a Cyclically Adjusted PS Ratio of 0.01 as of Jul. 28, 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 Xerox Holdings and its competitors. This is 97% below median its historical median of 0.38. Over the past decade, Xerox Holdings' Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.72. According to the industry distribution chart, Xerox Holdings ranks #29 out of 2301 companies in the Industrial Products industry, placing it in the top 1.3%.
Is Xerox Holdings' Cyclically Adjusted PS Ratio too high?
Xerox Holdings' current Cyclically Adjusted PS Ratio of 0.01 is 97% below median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.72. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Xerox Holdings' value of 0.01 is 99.4% below this industry median. Based on the distribution chart, Xerox Holdings ranks #29 out of 2301 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Xerox Holdings has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Xerox Holdings' Cyclically Adjusted PS Ratio compare to ACCO and ACTG?
According to the Industrial Products industry distribution chart, Xerox Holdings ranks #29 out of 2301 companies for Cyclically Adjusted PS Ratio. This places Xerox Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.71. Xerox Holdings' value of 0.01 is 99.4% below this benchmark. Historically, Xerox Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.72 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 1.71, Xerox 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,301 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. Xerox Holdings's current Cyclically Adjusted PS Ratio of 0.01 is 99.4% 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 Xerox Holdings and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xerox Holdings's current Cyclically Adjusted PS Ratio is 0.01, which is 97% below median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xerox Holdings stock overvalued right now?
Xerox Holdings (MEX:XRX) has a current Cyclically Adjusted PS Ratio of 0.01. The stock's GF Value™ is MXN133.83, compared to a current price of MXN34.50 — trading 74.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.01, which is 97% below median its 10-year median of 0.38 and 99.4% below the Industrial Products industry median of 1.71. Xerox Holdings' overall GF Score™ is 55/100 with 6 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 Xerox Holdings (MEX:XRX), the current Cyclically Adjusted PS Ratio is 0.01 as of Jul. 28, 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 Xerox Holdings (MEX:XRX) Overvalued in 2026?

Based on GuruFocus' analysis, Xerox Holdings stock appears to be undervalued. The current stock price of MXN34.50 is trading 74.2% below its estimated GF Value™ of MXN133.83.

Key valuation signals for MEX:XRX:

  • Cyclically Adjusted PS Ratio: 0.01 (97% below median its 10-year median of 0.38)
  • GF Value™: MXN133.83 vs. price of MXN34.50 (74.2% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 99.4% below the Industrial Products median (#29 of 2301)

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


Xerox Holdings Business Description

Address 401 MERRITT 7, P.O. Box 4505, Norwalk, CT, USA, 06851-1056
Xerox Holdings Corp is a workplace technology company, building and integrating services-led, software-enabled, workplace solutions for enterprises large and small. It provide advance document technology, services, software, and integrated IT infrastructure solutions for a range of customers including small and mid-sized businesses, large enterprises, governments and graphic communications providers, and for partners who serve them. Xerox serves customers globally in North America, Europe, Latin America, Brazil, Asia Pacific (APAC), the Middle East, Africa, and India.
55GF Score

Get the complete analysis for MEX:XRX

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

MXN34.50
Price
MXN133.83
GF Value