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Inspire Medical SystemsSTU:2DR -1.79%59 Cyclically Adjusted PS Ratio is 4.13 as of Jul. 20, 2026, which is 67% below its 10-year median of 12.43. GuruFocus rates STU:2DR with a GF Score™ of 59/100 and a GF Value™ of €186.05 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 521 Medical Devices & Instruments companies, Inspire Medical Systems ranks worse than 67.18% on this metric.
The historical rank and industry rank for Inspire Medical Systems's Cyclically Adjusted PS Ratio or its related term are showing as below:
STU:2DR'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.01 Med: 12.43 Max: 21.87
Current: 4.05
During the past 11 years, Inspire Medical Systems's highest Cyclically Adjusted PS Ratio was 21.87. The lowest was 4.01. And the median was 12.43.
STU:2DR's Cyclically Adjusted PS Ratio is ranked worse than 67.18% of 521
companies
in the Medical Devices & Instruments industry
Industry Median: 2.28
vs STU:2DR: 4.05
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.
Inspire Medical Systems's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €26.173. 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 €10.60 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Inspire Medical Systems (STU:2DR) 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.
Inspire Medical Systems Cyclically Adjusted PS Ratio Related Terms
Inspire Medical Systems Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Inspire Medical Systems'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.
Inspire Medical Systems Cyclically Adjusted PS Ratio Chart
STU:2DR vs ENOV, PRCT, AHCO: Cyclically Adjusted PS Ratio Comparison
For the Medical Devices subindustry, Inspire Medical Systems'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.
Inspire Medical Systems Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Inspire Medical Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Inspire Medical Systems's Cyclically Adjusted PS Ratio falls into.
Inspire Medical Systems 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.
* 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 4.13 mean?
Inspire Medical Systems (STU:2DR) has a Cyclically Adjusted PS Ratio of 4.13 as of Jul. 20, 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 Inspire Medical Systems and its competitors. This is 67% below median its historical median of 12.43. Over the past decade, Inspire Medical Systems' Cyclically Adjusted PS Ratio has ranged from 4.01 to 21.87. According to the industry distribution chart, Inspire Medical Systems ranks #350 out of 521 companies in the Medical Devices & Instruments industry, placing it in the top 67.2%.
Is Inspire Medical Systems' Cyclically Adjusted PS Ratio too high?
Inspire Medical Systems' current Cyclically Adjusted PS Ratio of 4.13 is 67% below median its 10-year median of 12.43. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 21.87. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.28. Inspire Medical Systems' value of 4.13 is 81.1% above this industry median. Based on the distribution chart, Inspire Medical Systems ranks #350 out of 521 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Inspire Medical Systems has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Inspire Medical Systems' Cyclically Adjusted PS Ratio compare to ENOV and PRCT?
According to the Medical Devices & Instruments industry distribution chart, Inspire Medical Systems ranks #350 out of 521 companies for Cyclically Adjusted PS Ratio. This places Inspire Medical Systems in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.28. Inspire Medical Systems' value of 4.13 is 81.1% above this benchmark. Historically, Inspire Medical Systems' own Cyclically Adjusted PS Ratio has ranged from 4.01 to 21.87 over the past decade. While the company's 10-year median is 12.43 vs. the industry median of 2.28, Inspire Medical Systems 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 521 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. Inspire Medical Systems's current Cyclically Adjusted PS Ratio of 4.13 is 81.1% 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 Inspire Medical Systems 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. Inspire Medical Systems's current Cyclically Adjusted PS Ratio is 4.13, which is 67% below median its own 10-year median of 12.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inspire Medical Systems stock overvalued right now?
Based on GuruFocus' analysis, Inspire Medical Systems (STU:2DR) is currently considered Possible Value Trap. The stock's GF Value™ is €186.05, compared to a current price of €43.80 — trading 76.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.13, which is 67% below median its 10-year median of 12.43 and 81.1% above the Medical Devices & Instruments industry median of 2.28. Inspire Medical Systems' overall GF Score™ is 59/100 with 7 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 Inspire Medical Systems (STU:2DR), the current Cyclically Adjusted PS Ratio is 4.13 as of Jul. 20, 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 Inspire Medical Systems (STU:2DR) Overvalued in 2026?
Based on GuruFocus' analysis, Inspire Medical Systems stock appears to be undervalued.
The current stock price of €43.80 is trading 76.5% below its estimated GF Value™ of €186.05.
GuruFocus considers Inspire Medical Systems to be Possible Value Trap.
Key valuation signals for STU:2DR:
Cyclically Adjusted PS Ratio: 4.13 (67% below median its 10-year median of 12.43)
GF Value™: €186.05 vs. price of €43.80 (76.5% below fair value)
Industry Position: 81.1% above the Medical Devices & Instruments median (#350 of 521)
No single metric tells the full story. See the STU:2DR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inspire Medical Systems Inc operates as a medical technology company. It focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA). It offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe obstructive sleep apnea. The firm has operating footprints in the United States and All other countries wherein, it generates a majority of its revenue from the United States. Its segment revenues are derived from the sales of its product, the Inspire system, to hospitals and ambulatory surgery centers in the U.S. and in selected countries in Europe and the Asia Pacific region.
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