Nucor (BSP:N1UE34) Cyclically Adjusted PS Ratio: 1.92 (As of Aug. 23, 2026) — 68% Above Median

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BSP:N1UE34 Nucor Corp BSP:N1UE34
81 GF Score
Price R$104.00
GF Value R$78.65
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Nucor Cyclically Adjusted PS Ratio?

Nucor BSP:N1UE34 -0.59% 81 Cyclically Adjusted PS Ratio is 1.92 as of Aug. 23, 2026, which is 68% above its 10-year median of 1.14. GuruFocus rates BSP:N1UE34 with a GF Score™ of 81/100 and a GF Value™ of R$78.65 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 513 Steel companies, Nucor ranks worse than 86.35% on this metric.

As of today (2026-08-23), Nucor's current share price is R$104.00. Nucor's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$54.16. Nucor's Cyclically Adjusted PS Ratio for today is 1.92.

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

BSP:N1UE34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.14   Max: 2.18
Current: 1.93

During the past years, Nucor's highest Cyclically Adjusted PS Ratio was 2.18. The lowest was 0.46. And the median was 1.14.

BSP:N1UE34's Cyclically Adjusted PS Ratio is ranked worse than
86.35% of 513 companies
in the Steel industry
Industry Median: 0.44 vs BSP:N1UE34: 1.93

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.

Nucor's adjusted revenue per share data for the three months ended in Jun. 2026 was R$19.429. 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 R$54.16 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nucor  (BSP:N1UE34) 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.


Nucor Cyclically Adjusted PS Ratio Related Terms


Nucor Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nucor'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.

Nucor Cyclically Adjusted PS Ratio Chart

Nucor 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 1.46 1.45 1.74 1.09 1.39

Nucor 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 1.15 1.17 1.39 1.39 1.77

BSP:N1UE34 vs STLD, RS, TX: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Nucor'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.


Nucor Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Nucor's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:N1UE34
81GF Score
Nucor Corp BSP:N1UE34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nucor 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.

Nucor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=104.00/54.16
=1.92

* 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.

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

For example, Nucor'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)
=19.429/333.9520*333.9520
=19.429

Current CPI (Jun. 2026) = 333.9520.

Nucor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.634 241.428 5.027
201612 3.452 241.432 4.775
201703 3.908 243.801 5.353
201706 4.424 244.955 6.031
201709 4.208 246.819 5.694
201712 4.370 246.524 5.920
201803 4.748 249.554 6.354
201806 6.357 251.989 8.425
201809 7.287 252.439 9.640
201812 6.566 251.233 8.728
201903 6.352 254.202 8.345
201906 6.192 256.143 8.073
201909 6.151 256.759 8.000
201912 5.775 256.974 7.505
202003 7.560 258.115 9.781
202006 6.176 257.797 8.000
202009 7.308 260.280 9.377
202012 7.423 260.474 9.517
202103 10.893 264.877 13.734
202106 12.379 271.696 15.216
202109 15.583 274.310 18.971
202112 17.272 278.802 20.689
202203 15.993 287.504 18.577
202206 18.813 296.311 21.203
202209 17.680 296.808 19.893
202212 14.832 296.797 16.689
202303 14.861 301.836 16.442
202306 15.375 305.109 16.828
202309 14.510 307.789 15.743
202312 12.683 306.746 13.808
202403 13.867 312.332 14.827
202406 15.105 314.175 16.056
202409 14.507 315.301 15.365
202412 15.335 315.605 16.226
202503 16.132 319.799 16.846
202506 16.932 322.561 17.530
202509 16.543 324.800 17.009
202512 15.208 324.054 15.673
202603 18.048 330.213 18.252
202606 19.429 333.952 19.429

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 1.92 mean?
Nucor (BSP:N1UE34) has a Cyclically Adjusted PS Ratio of 1.92 as of Aug. 23, 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 Nucor and its competitors. This is 68% above median its historical median of 1.14. Over the past decade, Nucor's Cyclically Adjusted PS Ratio has ranged from 0.46 to 2.18. According to the industry distribution chart, Nucor ranks #443 out of 513 companies in the Steel industry, placing it in the top 86.4%.
Is Nucor's Cyclically Adjusted PS Ratio too high?
Nucor's current Cyclically Adjusted PS Ratio of 1.92 is 68% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.18. The Steel industry median Cyclically Adjusted PS Ratio is 0.44. Nucor's value of 1.92 is 336.4% above this industry median. Based on the distribution chart, Nucor ranks #443 out of 513 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Nucor has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nucor's Cyclically Adjusted PS Ratio compare to STLD and RS?
According to the Steel industry distribution chart, Nucor ranks #443 out of 513 companies for Cyclically Adjusted PS Ratio. This places Nucor in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.44. Nucor's value of 1.92 is 336.4% above this benchmark. Historically, Nucor's own Cyclically Adjusted PS Ratio has ranged from 0.46 to 2.18 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 0.44, Nucor 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.44, based on 513 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. Nucor's current Cyclically Adjusted PS Ratio of 1.92 is 336.4% 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 Nucor and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nucor's current Cyclically Adjusted PS Ratio is 1.92, which is 68% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nucor stock overvalued right now?
Based on GuruFocus' analysis, Nucor (BSP:N1UE34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$78.65, compared to a current price of R$104.00 — trading 32.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.92, which is 68% above median its 10-year median of 1.14 and 336.4% above the Steel industry median of 0.44. Nucor's overall GF Score™ is 81/100 with 6 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 Nucor (BSP:N1UE34), the current Cyclically Adjusted PS Ratio is 1.92 as of Aug. 23, 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 Nucor (BSP:N1UE34) Overvalued in 2026?

Based on GuruFocus' analysis, Nucor stock appears to be overvalued. The current stock price of R$104.00 is trading 32.2% above its estimated GF Value™ of R$78.65. GuruFocus considers Nucor to be Significantly Overvalued.

Key valuation signals for BSP:N1UE34:

  • Cyclically Adjusted PS Ratio: 1.92 (68% above median its 10-year median of 1.14)
  • GF Value™: R$78.65 vs. price of R$104.00 (32.2% above fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 336.4% above the Steel median (#443 of 513)

No single metric tells the full story. See the BSP:N1UE34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nucor Business Description

Address 1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company's reportable segments are steel mills, steel products, and raw materials. The majority of its revenue is derived from the steel mills segment, which is engaged in producing sheet steel (hot-rolled, cold-rolled, and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling, and sheet piling), and bar steel products. Nucor manufactures steel principally from scrap steel and scrap steel substitutes using electric arc furnaces (EAFs), along with continuous casting and automated rolling mills. The steel mills segment sells its products mainly to steel service centers, fabricators, and manufacturers located in the United States, Canada, and Mexico.
81GF Score

Get the complete analysis for BSP:N1UE34

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

R$104.00
Price
R$78.65
GF Value