FGNX (FG Nexus) Cyclically Adjusted PS Ratio: 0.03 (As of Sep. 14, 2026) — 91% Below Median

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FGNX FG Nexus Inc FGNX
40 GF Score
Price $8.01
GF Value $3.36
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is FG Nexus Cyclically Adjusted PS Ratio?

FG Nexus FGNX -1.05% 40 Cyclically Adjusted PS Ratio is 0.03 as of Sep. 14, 2026, which is 91% below its 10-year median of 0.35. GuruFocus rates FGNX with a GF Score™ of 40/100 and a GF Value™ of $3.36 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 919 Asset Management companies, FG Nexus ranks better than 99.35% on this metric.

As of today (2026-09-14), FG Nexus's current share price is $8.01. FG Nexus's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $229.45. FG Nexus's Cyclically Adjusted PS Ratio for today is 0.03.

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

FGNX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.35   Max: 1
Current: 0.03

During the past years, FG Nexus's highest Cyclically Adjusted PS Ratio was 1.00. The lowest was 0.02. And the median was 0.35.

FGNX's Cyclically Adjusted PS Ratio is ranked better than
99.35% of 919 companies
in the Asset Management industry
Industry Median: 7.74 vs FGNX: 0.03

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.

FG Nexus's adjusted revenue per share data for the three months ended in Jun. 2026 was $0.040. 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 $229.45 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FG Nexus  (NAS:FGNX) 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.


FG Nexus Cyclically Adjusted PS Ratio Related Terms


FG Nexus Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FG Nexus'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.

FG Nexus Cyclically Adjusted PS Ratio Chart

FG Nexus 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 0.00 0.96 0.52 0.33 0.05

FG Nexus 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 0.26 0.09 0.05 0.02 0.02

FGNX vs GROW, GRF, RMCO: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, FG Nexus'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.


FG Nexus Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, FG Nexus's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FGNX
40GF Score
FG Nexus Inc FGNX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FG Nexus 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.

FG Nexus's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.01/229.45
=0.03

* 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.

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

For example, FG Nexus'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)
=0.04/333.9520*333.9520
=0.040

Current CPI (Jun. 2026) = 333.9520.

FG Nexus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 159.000 241.428 219.935
201612 169.417 241.432 234.340
201703 181.604 243.801 248.756
201706 185.896 244.955 253.436
201709 194.875 246.819 263.671
201712 232.375 246.524 314.785
201803 276.327 249.554 369.780
201806 5.958 251.989 7.896
201809 6.229 252.439 8.240
201812 7.333 251.233 9.747
201903 9.500 254.202 12.480
201906 9.813 256.143 12.794
201909 9.958 256.759 12.952
201912 85.208 256.974 110.733
202003 -179.020 258.115 -231.618
202006 -11.143 257.797 -14.435
202009 -163.617 260.280 -209.929
202012 -12.700 260.474 -16.283
202103 49.875 264.877 62.881
202106 46.000 271.696 56.540
202109 -30.075 274.310 -36.614
202112 32.234 278.802 38.610
202203 42.750 287.504 49.657
202206 43.315 296.311 48.817
202209 60.600 296.808 68.184
202212 44.907 296.797 50.529
202303 89.147 301.836 98.632
202306 42.769 305.109 46.812
202309 49.205 307.789 53.388
202312 77.857 306.746 84.762
202403 33.433 312.332 35.747
202406 23.004 314.175 24.452
202409 0.480 315.301 0.508
202412 0.734 315.605 0.777
202503 0.504 319.799 0.526
202506 0.809 322.561 0.838
202509 1.902 324.800 1.956
202512 0.152 324.054 0.157
202603 0.019 330.213 0.019
202606 0.040 333.952 0.040

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 0.03 mean?
FG Nexus (FGNX) has a Cyclically Adjusted PS Ratio of 0.03 as of Sep. 14, 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 FG Nexus and its competitors. This is 91% below median its historical median of 0.35. Over the past decade, FG Nexus' Cyclically Adjusted PS Ratio has ranged from 0.02 to 1.00. According to the industry distribution chart, FG Nexus ranks #6 out of 919 companies in the Asset Management industry, placing it in the top 0.7%.
Is FG Nexus' Cyclically Adjusted PS Ratio too high?
FG Nexus' current Cyclically Adjusted PS Ratio of 0.03 is 91% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.00. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.74. FG Nexus' value of 0.03 is 99.6% below this industry median. Based on the distribution chart, FG Nexus ranks #6 out of 919 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, FG Nexus has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FG Nexus' Cyclically Adjusted PS Ratio compare to GROW and GRF?
According to the Asset Management industry distribution chart, FG Nexus ranks #6 out of 919 companies for Cyclically Adjusted PS Ratio. This places FG Nexus in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 7.74. FG Nexus' value of 0.03 is 99.6% below this benchmark. Historically, FG Nexus' own Cyclically Adjusted PS Ratio has ranged from 0.02 to 1.00 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 7.74, FG Nexus 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 an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.74, based on 919 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. FG Nexus's current Cyclically Adjusted PS Ratio of 0.03 is 99.6% 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 FG Nexus and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FG Nexus's current Cyclically Adjusted PS Ratio is 0.03, which is 91% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FG Nexus stock overvalued right now?
Based on GuruFocus' analysis, FG Nexus (FGNX) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.36, compared to a current price of $8.01 — trading 138.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.03, which is 91% below median its 10-year median of 0.35 and 99.6% below the Asset Management industry median of 7.74. FG Nexus' overall GF Score™ is 40/100 with 4 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 FG Nexus (FGNX), the current Cyclically Adjusted PS Ratio is 0.03 as of Sep. 14, 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 FG Nexus (FGNX) Overvalued in 2026?

Based on GuruFocus' analysis, FG Nexus stock appears to be overvalued. The current stock price of $8.01 is trading 138.4% above its estimated GF Value™ of $3.36. GuruFocus considers FG Nexus to be Significantly Overvalued.

Key valuation signals for FGNX:

  • Cyclically Adjusted PS Ratio: 0.03 (91% below median its 10-year median of 0.35)
  • GF Value™: $3.36 vs. price of $8.01 (138.4% above fair value)
  • GF Score™: 40/100 with 4 warning signs
  • Industry Position: 99.6% below the Asset Management median (#6 of 919)

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


FG Nexus Business Description

Other Exchanges FGNXP.PFD:USA
Address 6408 Bannington Road, Charlotte, NC, USA, 28226
FG Nexus Inc operates through two primary segments: Digital Assets and Merchant Banking, with Digital Assets contributing the majority of revenue. The Company functions as a digital asset treasury, mainly holding Ethereum (ETH) and exploring opportunities in the tokenization of real-world assets, leveraging ETH as the foundation for digital finance, stablecoins, DeFi, and tokenized assets. The Merchant Banking segment offers strategic, administrative, and regulatory support to newly formed SPACs through the Company's SPAC platform.
40GF Score

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

$8.01
Price
$3.36
GF Value