NMDC Group PJSC (ADX:NMDC) Cyclically Adjusted PS Ratio: 1.28 (As of Aug. 03, 2026) — 27% Below Median

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ADX:NMDC NMDC Group PJSC ADX:NMDC
85 GF Score
Price د.إ22.86
GF Value د.إ28.40
Valuation Modestly Undervalued
! 5 Warning Signs
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What is NMDC Group PJSC Cyclically Adjusted PS Ratio?

NMDC Group PJSC ADX:NMDC +2.05% 85 Cyclically Adjusted PS Ratio is 1.28 as of Aug. 03, 2026, which is 27% below its 10-year median of 1.76. GuruFocus rates ADX:NMDC with a GF Score™ of 85/100 and a GF Value™ of د.إ28.40 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,359 Construction companies, NMDC Group PJSC ranks worse than 68.14% on this metric.

As of today (2026-08-03), NMDC Group PJSC's current share price is د.إ22.86. NMDC Group PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was د.إ17.85. NMDC Group PJSC's Cyclically Adjusted PS Ratio for today is 1.28.

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

ADX:NMDC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.76   Max: 3.97
Current: 1.28

During the past years, NMDC Group PJSC's highest Cyclically Adjusted PS Ratio was 3.97. The lowest was 0.42. And the median was 1.76.

ADX:NMDC's Cyclically Adjusted PS Ratio is ranked worse than
68.14% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs ADX:NMDC: 1.28

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.

NMDC Group PJSC's adjusted revenue per share data for the three months ended in Jun. 2026 was د.إ8.868. 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 د.إ17.85 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NMDC Group PJSC  (ADX:NMDC) 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.


NMDC Group PJSC Cyclically Adjusted PS Ratio Related Terms


NMDC Group PJSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NMDC Group PJSC'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.

NMDC Group PJSC Cyclically Adjusted PS Ratio Chart

NMDC Group PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 2.43 2.72 1.83 1.27

NMDC Group PJSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.70 1.43 1.27 1.02 1.23

ADX:NMDC vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, NMDC Group PJSC'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.


NMDC Group PJSC Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, NMDC Group PJSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ADX:NMDC
85GF Score
NMDC Group PJSC ADX:NMDC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NMDC Group PJSC 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.

NMDC Group PJSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.86/17.85
=1.28

* 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.

NMDC Group PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, NMDC Group PJSC's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.868/333.9520*333.9520
=8.868

Current CPI (Jun. 2026) = 333.9520.

NMDC Group PJSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.285 241.428 1.777
201612 1.006 241.432 1.392
201703 1.345 243.801 1.842
201706 1.293 244.955 1.763
201709 1.366 246.819 1.848
201712 1.668 246.524 2.260
201803 1.332 249.554 1.782
201806 1.558 251.989 2.065
201809 1.383 252.439 1.830
201812 1.856 251.233 2.467
201903 1.297 254.202 1.704
201906 2.482 256.143 3.236
201909 3.106 256.759 4.040
201912 4.358 256.974 5.663
202003 1.514 258.115 1.959
202006 1.307 257.797 1.693
202009 2.025 260.280 2.598
202012 2.849 260.474 3.653
202103 1.650 264.877 2.080
202106 2.546 271.696 3.129
202109 2.559 274.310 3.115
202112 3.534 278.802 4.233
202203 1.881 287.504 2.185
202206 2.417 296.311 2.724
202209 3.062 296.808 3.445
202212 5.592 296.797 6.292
202303 3.889 301.836 4.303
202306 4.311 305.109 4.719
202309 5.181 307.789 5.621
202312 6.872 306.746 7.481
202403 6.476 312.332 6.924
202406 8.223 314.175 8.741
202409 7.628 315.301 8.079
202412 9.173 315.605 9.706
202503 7.370 319.799 7.696
202506 8.467 322.561 8.766
202509 8.495 324.800 8.734
202512 9.789 324.054 10.088
202603 7.870 330.213 7.959
202606 8.868 333.952 8.868

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 1.28 mean?
NMDC Group PJSC (ADX:NMDC) has a Cyclically Adjusted PS Ratio of 1.28 as of Aug. 03, 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 NMDC Group PJSC and its competitors. This is 27% below median its historical median of 1.76. Over the past decade, NMDC Group PJSC's Cyclically Adjusted PS Ratio has ranged from 0.42 to 3.97. According to the industry distribution chart, NMDC Group PJSC ranks #926 out of 1359 companies in the Construction industry, placing it in the top 68.1%.
Is NMDC Group PJSC's Cyclically Adjusted PS Ratio too high?
NMDC Group PJSC's current Cyclically Adjusted PS Ratio of 1.28 is 27% below median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 3.97. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. NMDC Group PJSC's value of 1.28 is 82.9% above this industry median. Based on the distribution chart, NMDC Group PJSC ranks #926 out of 1359 companies in the Construction industry, which is below the industry midpoint. Overall, NMDC Group PJSC has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NMDC Group PJSC's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, NMDC Group PJSC ranks #926 out of 1359 companies for Cyclically Adjusted PS Ratio. This places NMDC Group PJSC in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. NMDC Group PJSC's value of 1.28 is 82.9% above this benchmark. Historically, NMDC Group PJSC's own Cyclically Adjusted PS Ratio has ranged from 0.42 to 3.97 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 0.70, NMDC Group PJSC has consistently been above 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,359 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. NMDC Group PJSC's current Cyclically Adjusted PS Ratio of 1.28 is 82.9% above 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 NMDC Group PJSC and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMDC Group PJSC's current Cyclically Adjusted PS Ratio is 1.28, which is 27% below median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Group PJSC stock overvalued right now?
Based on GuruFocus' analysis, NMDC Group PJSC (ADX:NMDC) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ28.40, compared to a current price of د.إ22.86 — trading 19.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.28, which is 27% below median its 10-year median of 1.76 and 82.9% above the Construction industry median of 0.70. NMDC Group PJSC's overall GF Score™ is 85/100 with 5 warning signs to review. 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 NMDC Group PJSC (ADX:NMDC), the current Cyclically Adjusted PS Ratio is 1.28 as of Aug. 03, 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.

Is NMDC Group PJSC (ADX:NMDC) Overvalued in 2026?

Based on GuruFocus' analysis, NMDC Group PJSC stock appears to be undervalued. The current stock price of د.إ22.86 is trading 19.5% below its estimated GF Value™ of د.إ28.40. GuruFocus considers NMDC Group PJSC to be Modestly Undervalued.

Key valuation signals for ADX:NMDC:

  • Cyclically Adjusted PS Ratio: 1.28 (27% below median its 10-year median of 1.76)
  • GF Value™: د.إ28.40 vs. price of د.إ22.86 (19.5% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 82.9% above the Construction median (#926 of 1359)

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


NMDC Group PJSC Business Description

Address Mussafah Street 16, P.O. Box 3649, Abu Dhabi, ARE
NMDC Group PJSC operates as an integrated provider of Engineering, Procurement and Construction (EPC) services for onshore, offshore, and marine projects. The company's activities include marine dredging, logistics, and technical services, and marine engineering and construction. Geographically, it operates across the Middle East, Southeast Asia, and other international markets. The company's operations are structured under five business units: NMDC Dredging & Marine, NMDC Energy, NMDC Infra, NMDC Logistics & Technical Services, and NMDC Engineering. It has aggregated its segments into Dredging & Marine and Energy, with the majority of revenue from the Energy segment.
85GF Score

Get the complete analysis for ADX:NMDC

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

د.إ22.86
Price
د.إ28.40
GF Value