Zynex (ZYXIQ) Cyclically Adjusted PS Ratio: 0.02 (As of Aug. 11, 2026) — 100% Below Median

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What is Zynex Cyclically Adjusted PS Ratio?

Zynex ZYXIQ Cyclically Adjusted PS Ratio is 0.02 as of Aug. 11, 2026, which is 100% below its 10-year median of 5.20. The stock has 5 warning signs investors should review.

As of today (2026-08-11), Zynex's current share price is $0.055. Zynex's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was $2.88. Zynex's Cyclically Adjusted PS Ratio for today is 0.02.

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

ZYXIQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 5.2   Max: 30.93
Current: 0.02

During the past years, Zynex's highest Cyclically Adjusted PS Ratio was 30.93. The lowest was 0.01. And the median was 5.20.

ZYXIQ's Cyclically Adjusted PS Ratio is not ranked
in the Medical Distribution industry.
Industry Median: 0.35 vs ZYXIQ: 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.

Zynex's adjusted revenue per share data for the three months ended in Sep. 2025 was $0.441. 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 $2.88 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zynex  (OTCPK:ZYXIQ) 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.


Zynex Cyclically Adjusted PS Ratio Related Terms


Zynex Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zynex'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.

Zynex Cyclically Adjusted PS Ratio Chart

Zynex Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.29 7.54 9.04 5.39 3.04

Zynex Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 3.27 3.04 0.80 0.91 0.50

ZYXIQ vs MCK, COR, CAH: Cyclically Adjusted PS Ratio Comparison

For the Medical Distribution subindustry, Zynex'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.


Zynex Cyclically Adjusted PS Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Zynex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Zynex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.055/2.88
=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.

Zynex's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Zynex's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=0.441/324.8000*324.8000
=0.441

Current CPI (Sep. 2025) = 324.8000.

Zynex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.079 236.525 0.108
201603 0.101 238.132 0.138
201606 0.096 241.018 0.129
201609 0.105 241.428 0.141
201612 0.085 241.432 0.114
201703 0.098 243.801 0.131
201706 0.138 244.955 0.183
201709 0.185 246.819 0.243
201712 0.215 246.524 0.283
201803 0.182 249.554 0.237
201806 0.201 251.989 0.259
201809 0.218 252.439 0.280
201812 0.252 251.233 0.326
201903 0.248 254.202 0.317
201906 0.276 256.143 0.350
201909 0.315 256.759 0.398
201912 0.378 256.974 0.478
202003 0.405 258.115 0.510
202006 0.508 257.797 0.640
202009 0.513 260.280 0.640
202012 0.653 260.474 0.814
202103 0.630 264.877 0.773
202106 0.793 271.696 0.948
202109 0.891 274.310 1.055
202112 1.026 278.802 1.195
202203 0.755 287.504 0.853
202206 0.921 296.311 1.010
202209 1.068 296.808 1.169
202212 1.308 296.797 1.431
202303 1.126 301.836 1.212
202306 1.213 305.109 1.291
202309 1.383 307.789 1.459
202312 1.392 306.746 1.474
202403 1.417 312.332 1.474
202406 1.549 314.175 1.601
202409 1.557 315.301 1.604
202412 1.429 315.605 1.471
202503 0.841 319.799 0.854
202506 0.737 322.561 0.742
202509 0.441 324.800 0.441

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?
Zynex (ZYXIQ) has a Cyclically Adjusted PS Ratio of 0.02 as of Aug. 11, 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 Zynex and its competitors. This is 100% below median its historical median of 5.20. Over the past decade, Zynex's Cyclically Adjusted PS Ratio has ranged from 0.01 to 30.93.
Is Zynex's Cyclically Adjusted PS Ratio too high?
Zynex's current Cyclically Adjusted PS Ratio of 0.02 is 100% below median its 10-year median of 5.20. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 30.93. The Medical Distribution industry median Cyclically Adjusted PS Ratio is 0.35. Zynex's value of 0.02 is 94.3% below this industry median.
How does Zynex's Cyclically Adjusted PS Ratio compare to MCK and COR?
Zynex's Cyclically Adjusted PS Ratio of 0.02 can be compared against companies in the Medical Distribution industry. The industry median Cyclically Adjusted PS Ratio is 0.35. Zynex's value of 0.02 is 94.3% below this benchmark. Historically, Zynex's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 30.93 over the past decade. While the company's 10-year median is 5.20 vs. the industry median of 0.35, Zynex 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 Distribution company?
The median Cyclically Adjusted PS Ratio among Medical Distribution companies is 0.35, based on 89 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. Zynex's current Cyclically Adjusted PS Ratio of 0.02 is 94.3% 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 Zynex and its competitors. For the Medical Distribution industry, the median Cyclically Adjusted PS Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zynex's current Cyclically Adjusted PS Ratio is 0.02, which is 100% below median its own 10-year median of 5.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zynex stock overvalued right now?
Zynex (ZYXIQ) has a current Cyclically Adjusted PS Ratio of 0.02. The stock's GF Value™ is $5.54, compared to a current price of $0.06 — trading 99% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.02, which is 100% below median its 10-year median of 5.20 and 94.3% below the Medical Distribution industry median of 0.35. 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 Zynex (ZYXIQ), the current Cyclically Adjusted PS Ratio is 0.02 as of Aug. 11, 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.

Zynex Business Description

Address 9555 Maroon Circle, Englewood, CO, USA, 80112
Zynex Inc is engaged in the manufacturing and marketing of medical devices. It operates through one primary business segment, Electrotherapy and Pain Management Products. The business activities of the company are carried out through its subsidiaries. The company designs, manufactures, and markets medical devices that treat chronic and acute pain, as well as activate and exercise muscles for rehabilitative purposes with electrical stimulation. The company operates business as one operating segment which includes two revenue types: Devices and Supplies. Its markets Zynex-manufactured products which include NexWave, NeuroMove, InWave E-Wave, and others.