Nano Dimension (FRA:2N5B) Cyclically Adjusted PS Ratio: 1.70 (As of Aug. 02, 2026) — 12% Below Median

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FRA:2N5B Nano Dimension Ltd FRA:2N5B
57 GF Score
Price €1.31
GF Value €4.77
Valuation Possible Value Trap
! 3 Warning Signs
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What is Nano Dimension Cyclically Adjusted PS Ratio?

Nano Dimension FRA:2N5B +3.15% 57 Cyclically Adjusted PS Ratio is 1.70 as of Aug. 02, 2026, which is 12% below its 10-year median of 1.94. GuruFocus rates FRA:2N5B with a GF Score™ of 57/100 and a GF Value™ of €4.77 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,975 Hardware companies, Nano Dimension ranks worse than 55.59% on this metric.

As of today (2026-08-02), Nano Dimension's current share price is €1.31. Nano Dimension's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.77. Nano Dimension's Cyclically Adjusted PS Ratio for today is 1.70.

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

FRA:2N5B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.41   Med: 1.94   Max: 2.73
Current: 1.62

During the past years, Nano Dimension's highest Cyclically Adjusted PS Ratio was 2.73. The lowest was 1.41. And the median was 1.94.

FRA:2N5B's Cyclically Adjusted PS Ratio is ranked worse than
55.59% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs FRA:2N5B: 1.62

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.

Nano Dimension's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.124. 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 €0.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nano Dimension  (FRA:2N5B) 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.


Nano Dimension Cyclically Adjusted PS Ratio Related Terms


Nano Dimension Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nano Dimension'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.

Nano Dimension Cyclically Adjusted PS Ratio Chart

Nano Dimension 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 0.00 0.00 2.61 1.67

Nano Dimension Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.69 1.73 1.69 1.67 1.83

FRA:2N5B vs OSS, VELO, BGIN: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Nano Dimension'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.


Nano Dimension Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Nano Dimension's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:2N5B
57GF Score
Nano Dimension Ltd FRA:2N5B
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nano Dimension 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.

Nano Dimension's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.31/0.77
=1.70

* 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.

Nano Dimension's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nano Dimension's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.124/330.2130*330.2130
=0.124

Current CPI (Mar. 2026) = 330.2130.

Nano Dimension Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 0.044 241.432 0.060
201703 0.110 243.801 0.149
201706 0.120 244.955 0.162
201709 0.116 246.819 0.155
201712 0.291 246.524 0.390
201803 0.312 249.554 0.413
201806 0.494 251.989 0.647
201809 0.790 252.439 1.033
201812 0.776 251.233 1.020
201903 0.506 254.202 0.657
201906 0.285 256.143 0.367
201909 0.572 256.759 0.736
201912 0.426 256.974 0.547
202003 0.098 258.115 0.125
202006 0.006 257.797 0.008
202009 0.008 260.280 0.010
202012 0.009 260.474 0.011
202103 0.004 264.877 0.005
202106 0.002 271.696 0.002
202109 0.004 274.310 0.005
202112 0.025 278.802 0.030
202203 0.037 287.504 0.042
202206 0.040 296.311 0.045
202209 0.039 296.808 0.043
202212 0.044 296.797 0.049
202303 0.057 301.836 0.062
202306 0.060 305.109 0.065
202309 0.044 307.789 0.047
202312 0.058 306.746 0.062
202403 0.053 312.332 0.056
202406 0.063 314.175 0.066
202409 0.056 315.301 0.059
202412 0.064 315.605 0.067
202503 0.062 319.799 0.064
202506 0.103 322.561 0.105
202509 0.104 324.800 0.106
202512 0.144 324.054 0.147
202603 0.124 330.213 0.124

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 1.70 mean?
Nano Dimension (FRA:2N5B) has a Cyclically Adjusted PS Ratio of 1.70 as of Aug. 02, 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 Nano Dimension and its competitors. This is 12% below median its historical median of 1.94. Over the past decade, Nano Dimension's Cyclically Adjusted PS Ratio has ranged from 1.41 to 2.73. According to the industry distribution chart, Nano Dimension ranks #1098 out of 1975 companies in the Hardware industry, placing it in the top 55.6%.
Is Nano Dimension's Cyclically Adjusted PS Ratio too high?
Nano Dimension's current Cyclically Adjusted PS Ratio of 1.70 is 12% below median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 2.73. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Nano Dimension's value of 1.70 is 26.9% above this industry median. Based on the distribution chart, Nano Dimension ranks #1098 out of 1975 companies in the Hardware industry, which is below the industry midpoint. Overall, Nano Dimension has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nano Dimension's Cyclically Adjusted PS Ratio compare to OSS and VELO?
According to the Hardware industry distribution chart, Nano Dimension ranks #1098 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Nano Dimension in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Nano Dimension's value of 1.70 is 26.9% above this benchmark. Historically, Nano Dimension's own Cyclically Adjusted PS Ratio has ranged from 1.41 to 2.73 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 1.34, Nano Dimension 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,975 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. Nano Dimension's current Cyclically Adjusted PS Ratio of 1.70 is 26.9% 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 Nano Dimension and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nano Dimension's current Cyclically Adjusted PS Ratio is 1.70, which is 12% below median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nano Dimension stock overvalued right now?
Based on GuruFocus' analysis, Nano Dimension (FRA:2N5B) is currently considered Possible Value Trap. The stock's GF Value™ is €4.77, compared to a current price of €1.31 — trading 72.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.70, which is 12% below median its 10-year median of 1.94 and 26.9% above the Hardware industry median of 1.34. Nano Dimension's overall GF Score™ is 57/100 with 3 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 Nano Dimension (FRA:2N5B), the current Cyclically Adjusted PS Ratio is 1.70 as of Aug. 02, 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 Nano Dimension (FRA:2N5B) Overvalued in 2026?

Based on GuruFocus' analysis, Nano Dimension stock appears to be undervalued. The current stock price of €1.31 is trading 72.5% below its estimated GF Value™ of €4.77. GuruFocus considers Nano Dimension to be Possible Value Trap.

Key valuation signals for FRA:2N5B:

  • Cyclically Adjusted PS Ratio: 1.70 (12% below median its 10-year median of 1.94)
  • GF Value™: €4.77 vs. price of €1.31 (72.5% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 26.9% above the Hardware median (#1098 of 1975)

No single metric tells the full story. See the FRA:2N5B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nano Dimension Business Description

Other Exchanges NNDM:USA0A92:UK2N5B:Germany
Address 60 Tower Road, Waltham, MA, USA, 02451
Nano Dimension Ltd provides industrial manufacturing solutions for the design-to-manufacturing of electronics and mechanical parts. These solutions are based on a combination of hardware, software, and materials science technologies. The solutions include industrial machinery, such as those for additive manufacturing, surface-mount technology, and industrial inkjet printing, along with software for design, simulation, and manufacturing management, as well as materials or consumables that are used by the machinery. These solutions are used by industrial customers in aerospace & defense, automotive, electronics, medical, research, and academia, along with government organizations.
57GF Score

Get the complete analysis for FRA:2N5B

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

€1.31
Price
€4.77
GF Value