NCC Group (CHIX:NCCL) Cyclically Adjusted PS Ratio: 1.29 (As of Jul. 22, 2026) — 50% Below Median

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CHIX:NCCL NCC Group PLC CHIX:NCCL
58 GF Score
Price £1.42
GF Value £1.25
Valuation Modestly Overvalued
! 7 Warning Signs
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What is NCC Group Cyclically Adjusted PS Ratio?

NCC Group CHIX:NCCL 58 Cyclically Adjusted PS Ratio is 1.29 as of Jul. 22, 2026, which is 50% below its 10-year median of 2.60. GuruFocus rates CHIX:NCCL with a GF Score™ of 58/100 and a GF Value™ of £1.25 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,592 Software companies, NCC Group ranks better than 57.35% on this metric.

As of today (2026-07-22), NCC Group's current share price is £1.424. NCC Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep25 was £1.10. NCC Group's Cyclically Adjusted PS Ratio for today is 1.29.

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

CHIX:NCCl' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.88   Med: 2.6   Max: 8.55
Current: 1.29

During the past 13 years, NCC Group's highest Cyclically Adjusted PS Ratio was 8.55. The lowest was 0.88. And the median was 2.60.

CHIX:NCCl's Cyclically Adjusted PS Ratio is ranked better than
57.35% of 1592 companies
in the Software industry
Industry Median: 1.625 vs CHIX:NCCl: 1.29

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.

NCC Group's adjusted revenue per share data of for the fiscal year that ended in Sep25 was £0.765. 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 £1.10 for the trailing ten years ended in Sep25.

Shiller PE for Stocks: The True Measure of Stock Valuation


NCC Group  (CHIX:NCCl) 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.


NCC Group Cyclically Adjusted PS Ratio Related Terms


NCC Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NCC Group'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.

NCC Group Cyclically Adjusted PS Ratio Chart

NCC Group Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.83 2.44 0.91 1.32 1.34

NCC Group Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Mar25 Sep25 Mar26
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 0.00 1.32 0.00 1.34 0.00

CHIX:NCCL vs MSFT, ORCL, PLTR: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, NCC Group'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.


NCC Group Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, NCC Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:NCCL
58GF Score
NCC Group PLC CHIX:NCCL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NCC Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.424/1.10
=1.29

* 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.

NCC Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep25 is calculated as:

For example, NCC Group's adjusted Revenue per Share data for the fiscal year that ended in Sep25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=0.765/138.9000*138.9000
=0.765

Current CPI (Sep25) = 138.9000.

NCC Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201605 0.810 100.800 1.116
201705 0.779 103.500 1.045
201805 0.834 105.900 1.094
201905 0.898 107.900 1.156
202005 0.940 108.600 1.202
202105 0.957 111.000 1.198
202205 1.013 119.700 1.175
202305 1.077 129.100 1.159
202405 1.041 132.700 1.090
202509 0.765 138.900 0.765

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 1.29 mean?
NCC Group (CHIX:NCCL) has a Cyclically Adjusted PS Ratio of 1.29 as of Jul. 22, 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 NCC Group and its competitors. This is 50% below median its historical median of 2.60. Over the past decade, NCC Group's Cyclically Adjusted PS Ratio has ranged from 0.88 to 8.55. According to the industry distribution chart, NCC Group ranks #679 out of 1592 companies in the Software industry, placing it in the top 42.7%.
Is NCC Group's Cyclically Adjusted PS Ratio too high?
NCC Group's current Cyclically Adjusted PS Ratio of 1.29 is 50% below median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 8.55. The Software industry median Cyclically Adjusted PS Ratio is 1.63. NCC Group's value of 1.29 is 20.6% below this industry median. Based on the distribution chart, NCC Group ranks #679 out of 1592 companies in the Software industry, which is above the industry midpoint. Overall, NCC Group has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCC Group's Cyclically Adjusted PS Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, NCC Group ranks #679 out of 1592 companies for Cyclically Adjusted PS Ratio. This puts NCC Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.63. NCC Group's value of 1.29 is 20.6% below this benchmark. Historically, NCC Group's own Cyclically Adjusted PS Ratio has ranged from 0.88 to 8.55 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 1.63, NCC Group has consistently been below 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.63, based on 1,592 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. NCC Group's current Cyclically Adjusted PS Ratio of 1.29 is 20.6% below 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 NCC Group and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCC Group's current Cyclically Adjusted PS Ratio is 1.29, which is 50% below median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCC Group stock overvalued right now?
Based on GuruFocus' analysis, NCC Group (CHIX:NCCL) is currently considered Modestly Overvalued. The stock's GF Value™ is £1.25, compared to a current price of £1.42 — trading 13.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.29, which is 50% below median its 10-year median of 2.60 and 20.6% below the Software industry median of 1.63. NCC Group's overall GF Score™ is 58/100 with 7 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 NCC Group (CHIX:NCCL), the current Cyclically Adjusted PS Ratio is 1.29 as of Jul. 22, 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 NCC Group (CHIX:NCCL) Overvalued in 2026?

Based on GuruFocus' analysis, NCC Group stock appears to be overvalued. The current stock price of £1.42 is trading 13.9% above its estimated GF Value™ of £1.25. GuruFocus considers NCC Group to be Modestly Overvalued.

Key valuation signals for CHIX:NCCL:

  • Cyclically Adjusted PS Ratio: 1.29 (50% below median its 10-year median of 2.60)
  • GF Value™: £1.25 vs. price of £1.42 (13.9% above fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 20.6% below the Software median (#679 of 1592)

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


NCC Group Business Description

Other Exchanges NCCGF:USANCC:UKNZB:Germany
Address 2 Hardman Boulevard, XYZ Building, Spinningfields, Manchester, GBR, M3 3AQ
NCC Group PLC is a holding company. The provision of independent advice and services to customers through the provision of software resilience and Cyber Security services. The Group reports its business segment: the Cyber Security division. The reporting segments provide distinct types of service, and within the reporting segments, the operating segment provide a homogeneous group of services. The company operates in the UK, North America, APAC, and Europe, and the majority of revenue comes from the UK.
58GF Score

Get the complete analysis for CHIX:NCCL

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

£1.42
Price
£1.25
GF Value