Disclosed is a method and device for assessing respiratory data in a monitored subject. The disclosed method comprises collecting respiratory data of the subject at different levels of exertion with a physiological monitoring system (15-19), the respiratory data at least relating to instantaneous lung volume and comprising the end expiratory lung volume (EELV) after expirations; collecting exertion level data of the subject at the different levels of exertion, the exertion level data at least relating to instantaneous oxygen demand and/or heart rate; establishing a parametric relation (14, 15) between the collected respiratory data and the collected exertion level data, the parametric relation being described by one or more parameters; and assessing the respiratory data of the subject in terms of the value of the one or more parameters. The method and device allow a reliable measuring of dynamic hyperinflation in subjects without requiring much attention on the part of the subject.