Zynex, Inc.

Zynex, Inc.verified

ZYXI

Price:

$1.03

Market Cap:

$31.30M

Zynex, Inc., through its subsidiaries, designs, manufactures, and markets medical devices to treat chronic and acute pain; and activate and exercise muscles for rehabilitative purposes with electrical stimulation. The company offers NexWave, a dual channel, multi-modality interferential current, transcutaneous electrical nerve stimulation, and neuromuscular electrical stimulation (NMES) device that is marketed to physicians and therapists by field sales representatives; NeuroMove, an electromyography triggered electrical stimulation device; InWave, an electrical stimulation product for the treatment of female urinary incontinence; and E-Wave, an NMES device. It also supplies private labeled ...[Read more]

Industry

Medical - Distribution

IPO Date

2004-02-25

Stock Exchange

NASDAQ

Ticker

ZYXI

The PE Ratio as of December 2025 (TTM) for Zynex, Inc. (ZYXI) is -0.43

According to Zynex, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -0.43. This represents a change of -98.39% compared to the average of -26.73 of the last 4 quarters.

Zynex, Inc. (ZYXI) Historical PE Ratio (quarterly & annually)

How has ZYXI PE Ratio performed in the past?

The mean historical PE Ratio of Zynex, Inc. over the last ten years is 40.94. The current -0.43 PE Ratio has changed -205.02% with respect to the historical average. Over the past ten years (40 quarters), ZYXI's PE Ratio was at its highest in in the March 2024 quarter at 10.11K. The PE Ratio was at its lowest in in the March 2021 quarter at -188.37.

Quarterly (TTM)
Annual

Average

40.94

Median

29.14

Minimum

-4.81

Maximum

134.51

Zynex, Inc. (ZYXI) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Zynex, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 489.80%

Maximum Annual PE Ratio = 134.51

Minimum Annual Increase = -2893.91%

Minimum Annual PE Ratio = -4.81

Quarterly (TTM)
Annual
YearPE RatioChange
202485.45114.78%
202339.7926.76%
202231.3940.52%
202122.34-55.54%
202050.2486.80%
201926.90171.74%
20189.90-27.95%
201713.74-89.79%
2016134.51-2893.91%
2015-4.81489.80%

Zynex, Inc. (ZYXI) Average PE Ratio

How has ZYXI PE Ratio performed in the past?

The current PE Ratio of Zynex, Inc. (ZYXI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

52.21

5-year avg

45.84

10-year avg

40.94

Zynex, Inc. (ZYXI) PE Ratio vs. Peers

How is ZYXI’s PE Ratio compared to its peers?

Zynex, Inc.’s PE Ratio is greater than Modular Medical, Inc. (-1.03), less than Hyperion DeFi, Inc. (-0.35), greater than Evaxion Biotech A/S (-9.76), greater than Generation Bio Co. (-0.48), less than Mural Oncology plc (-0.24), greater than electroCore, Inc. (-3.11), greater than Jasper Therapeutics, Inc. (-0.44), greater than Wellgistics Health, Inc. (-0.62), greater than Myomo, Inc. (-4.55), greater than MAIA Biotechnology, Inc. (-2.25),

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