Zynex Inc

NASDAQ:ZYXI USA Medical Distribution
Market Cap
$2.61 Million
Market Cap Rank
#35329 Global
#11517 in USA
Share Price
$0.09
Change (1 day)
+7.50%
52-Week Range
$0.03 - $2.69
All Time High
$25.72
About

Zynex, Inc., together with 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) dev… Read more

Market Cap & Net Worth: Zynex Inc (ZYXI)

Zynex Inc (NASDAQ:ZYXI) has a market capitalization of $2.61 Million ($2.61 Million) as of March 19, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #35329 globally and #11517 in its home market, demonstrating a 115.00% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zynex Inc's stock price $0.09 by its total outstanding shares 30388635 (30.39 Million).

Zynex Inc Market Cap History: 2015 to 2026

Zynex Inc's market capitalization history from 2015 to 2026. Data shows change from $12.07 Million to $2.61 Million (-4.89% CAGR).

Index Memberships

Zynex Inc is a constituent of 2 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Health Care
IXHC
$2.20 Trillion 0.00% #884 of 976
NASDAQ Composite
IXIC
$32.97 Trillion 0.00% #2779 of 3165

Weight: Zynex Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Zynex Inc Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Zynex Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

1.27x

Zynex Inc's market cap is 1.27 times its annual revenue

Industry average:
0.29x
Higher than industry average

Latest Price to Earnings (P/E) Ratio

81.30x

Zynex Inc's market cap is 81.30 times its annual earnings

Industry average:
9.19x
Higher than industry average
What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2015 $12.07 Million $11.64 Million -$2.91 Million 1.04x N/A
2016 $7.99 Million $13.31 Million $69.00K 0.60x 115.79x
2017 $84.70 Million $23.43 Million $7.37 Million 3.61x 11.50x
2018 $80.41 Million $31.92 Million $9.55 Million 2.52x 8.42x
2019 $215.25 Million $45.47 Million $9.49 Million 4.73x 22.68x
2020 $368.14 Million $80.12 Million $9.07 Million 4.59x 40.57x
2021 $272.69 Million $130.30 Million $17.10 Million 2.09x 15.94x
2022 $422.71 Million $158.17 Million $17.05 Million 2.67x 24.80x
2023 $330.93 Million $184.32 Million $9.73 Million 1.80x 34.00x
2024 $243.41 Million $192.35 Million $2.99 Million 1.27x 81.30x

Competitor Companies of ZYXI by Market Capitalization

Companies near Zynex Inc in the global market cap rankings as of March 19, 2026.

Key companies related to Zynex Inc by market ranking:

  • McKesson Corporation (NYSE:MCK): Ranked #168 globally with a market cap of $112.58 Billion USD.
  • Cencora Inc. (NYSE:COR): Ranked #366 globally with a market cap of $60.54 Billion USD.
  • Cardinal Health Inc (NYSE:CAH): Ranked #434 globally with a market cap of $49.75 Billion USD.
  • Sigma Healthcare Limited (OTCGREY:SIGGF): Ranked #1461 globally with a market cap of $12.16 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#168 McKesson Corporation NYSE:MCK $112.58 Billion $920.35
#366 Cencora Inc. NYSE:COR $60.54 Billion $325.18
#434 Cardinal Health Inc NYSE:CAH $49.75 Billion $211.87
#1461 Sigma Healthcare Limited OTCGREY:SIGGF $12.16 Billion $1.88

Zynex Inc Historical Marketcap From 2015 to 2026

Between 2015 and today, Zynex Inc's market cap moved from $12.07 Million to $ 2.61 Million, with a yearly change of -4.89%.

Year Market Cap Change (%)
2026 $2.61 Million -36.30%
2025 $4.10 Million -98.31%
2024 $243.41 Million -26.45%
2023 $330.93 Million -21.71%
2022 $422.71 Million +55.02%
2021 $272.69 Million -25.93%
2020 $368.14 Million +71.03%
2019 $215.25 Million +167.68%
2018 $80.41 Million -5.06%
2017 $84.70 Million +960.17%
2016 $7.99 Million -33.80%
2015 $12.07 Million --

End of Day Market Cap According to Different Sources

On Mar 19th, 2026 the market cap of Zynex Inc was reported to be:

Source Market Cap
Yahoo Finance $2.61 Million USD
MoneyControl $2.61 Million USD
MarketWatch $2.61 Million USD
marketcap.company $2.61 Million USD
Reuters $2.61 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.