IRIX (IRIDEX) Shiller PE Ratio: (As of Aug. 17, 2026)

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IRIX IRIDEX Corp IRIX
56 GF Score
Price $0.88
GF Value $1.70
Valuation Possible Value Trap
! 3 Warning Signs
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What is IRIDEX Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IRIDEX  (NAS:IRIX) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


IRIDEX Shiller PE Ratio Related Terms


IRIDEX Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for IRIDEX's Shiller PE 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.

IRIDEX Shiller PE Ratio Chart

IRIDEX Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

IRIDEX Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shiller PE 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 0.00 0.00 0.00 0.00 0.00

IRIX vs NMTC, CSDX, MODD: Shiller PE Ratio Comparison

For the Medical Devices subindustry, IRIDEX's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


IRIDEX Shiller PE Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, IRIDEX's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IRIDEX's Shiller PE Ratio falls into.


IRIX
56GF Score
IRIDEX Corp IRIX
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IRIDEX Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

IRIDEX's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, IRIDEX's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.03/330.2130*330.2130
=-0.030

Current CPI (Mar. 2026) = 330.2130.

IRIDEX Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 -0.030 241.018 -0.041
201609 -0.070 241.428 -0.096
201612 -1.040 241.432 -1.422
201703 -0.160 243.801 -0.217
201706 -0.240 244.955 -0.324
201709 -0.270 246.819 -0.361
201712 -0.440 246.524 -0.589
201803 -0.310 249.554 -0.410
201806 -0.280 251.989 -0.367
201809 -0.260 252.439 -0.340
201812 -0.210 251.233 -0.276
201903 -0.220 254.202 -0.286
201906 -0.180 256.143 -0.232
201909 -0.130 256.759 -0.167
201912 -0.110 256.974 -0.141
202003 -0.120 258.115 -0.154
202006 -0.200 257.797 -0.256
202009 -0.120 260.280 -0.152
202012 -0.010 260.474 -0.013
202103 -0.140 264.877 -0.175
202106 0.090 271.696 0.109
202109 -0.140 274.310 -0.169
202112 -0.150 278.802 -0.178
202203 -0.150 287.504 -0.172
202206 -0.140 296.311 -0.156
202209 -0.110 296.808 -0.122
202212 -0.070 296.797 -0.078
202303 -0.130 301.836 -0.142
202306 -0.170 305.109 -0.184
202309 -0.110 307.789 -0.118
202312 -0.180 306.746 -0.194
202403 -0.210 312.332 -0.222
202406 -0.160 314.175 -0.168
202409 -0.120 315.301 -0.126
202412 -0.050 315.605 -0.052
202503 -0.100 319.799 -0.103
202506 -0.060 322.561 -0.061
202509 -0.090 324.800 -0.091
202512 -0.010 324.054 -0.010
202603 -0.030 330.213 -0.030

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Is IRIDEX (IRIX) Overvalued in 2026?

Based on GuruFocus' analysis, IRIDEX stock appears to be undervalued. The current stock price of $0.88 is trading 48.2% below its estimated GF Value™ of $1.70. GuruFocus considers IRIDEX to be Possible Value Trap.

Key valuation signals for IRIX:

  • Shiller PE Ratio:
  • GF Value™: $1.70 vs. price of $0.88 (48.2% below fair value)
  • GF Score™: 56/100 with 3 warning signs

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


IRIDEX Business Description

Address 1212 Terra Bella Avenue, Mountain View, CA, USA, 94043
IRIDEX Corp is an ophthalmic medical technology company focused on the development and commercialization of breakthrough products and procedures used to treat sight-threatening eye conditions, including glaucoma and retinal diseases. Its products include Lasers, Laser delivery devices, Glaucoma devices, Retinal surgical instruments, and Veterinary and ENT products. The firm also powers its products with its proprietary Micropulse technology. The company operates in only one reportable segment, Ophthalmology. It derives revenues from the sale of consoles, delivery devices, consumables, services, and support activities. The geographical segments of the company include the United States, which drives maximum revenue, Europe, and the Americas, excluding the U.S. and Asia/Pacific Rim.
56GF Score

Get the complete analysis for IRIX

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

$0.88
Price
$1.70
GF Value