NEXON Co (FRA:7NX) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:7NX NEXON Co Ltd FRA:7NX
93 GF Score
Price €17.43
GF Value €18.71
Valuation Fairly Valued
! 2 Warning Signs
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What is NEXON Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NEXON Co  (FRA:7NX) 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.


NEXON Co Cyclically Adjusted PS Ratio Related Terms


NEXON Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NEXON Co'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.

NEXON Co Cyclically Adjusted PS Ratio Chart

NEXON Co 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 9.44 10.34 7.09 5.50 7.49

NEXON Co 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 6.09 6.49 7.10 5.53 3.80

FRA:7NX vs NTES, TTWO, RBLX: Cyclically Adjusted PS Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, NEXON Co'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.


NEXON Co Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NEXON Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:7NX
93GF Score
NEXON Co Ltd FRA:7NX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NEXON Co 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.

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

For example, NEXON Co'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)
=0.83/113.6000*113.6000
=0.830

Current CPI (Jun. 2026) = 113.6000.

NEXON Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.437 98.000 0.507
201612 0.414 98.400 0.478
201703 0.697 98.100 0.807
201706 0.432 98.500 0.498
201709 0.517 98.800 0.594
201712 0.449 99.400 0.513
201803 0.757 99.200 0.867
201806 0.411 99.200 0.471
201809 0.594 99.900 0.675
201812 0.397 99.700 0.452
201903 0.825 99.700 0.940
201906 0.483 99.800 0.550
201909 0.485 100.100 0.550
201912 0.460 100.500 0.520
202003 0.777 100.300 0.880
202006 0.611 99.900 0.695
202009 0.715 99.900 0.813
202012 0.601 99.300 0.688
202103 0.767 99.900 0.872
202106 0.472 99.500 0.539
202109 0.649 100.100 0.737
202112 0.451 100.100 0.512
202203 0.781 101.100 0.878
202206 0.687 101.800 0.767
202209 0.803 103.100 0.885
202212 0.651 104.100 0.710
202303 1.011 104.400 1.100
202306 0.736 105.200 0.795
202309 0.893 106.200 0.955
202312 0.628 106.800 0.668
202403 0.797 107.200 0.845
202406 0.870 108.200 0.913
202409 0.996 108.900 1.039
202412 0.593 110.700 0.609
202503 0.868 111.100 0.888
202506 0.903 111.700 0.918
202509 0.855 112.000 0.867
202512 0.871 113.000 0.876
202603 1.044 112.700 1.052
202606 0.830 113.600 0.830

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.

Is NEXON Co (FRA:7NX) Overvalued in 2026?

Based on GuruFocus' analysis, NEXON Co stock appears to be undervalued. The current stock price of €17.43 is trading 6.9% below its estimated GF Value™ of €18.71. GuruFocus considers NEXON Co to be Fairly Valued.

Key valuation signals for FRA:7NX:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €18.71 vs. price of €17.43 (6.9% below fair value)
  • GF Score™: 93/100 with 2 warning signs

No single metric tells the full story. See the FRA:7NX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NEXON Co Business Description

Address 1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032
Nexon is a South Korean online game developer and publisher, founded in 1994 in Korea by Kim Jung-ju. In 2005, the company moved its headquarters to Tokyo, Japan, and has operations in Korea, the US, Taiwan, and Thailand. The company's most notable franchises are MapleStory, Dungeon & Fighter, Sudden Attack, and KartRider. Nexon has been the publisher for EA's FC Online game franchise in Korea and Japan since 2013. Nexon acquired an independent game developer, Embark Studios AB, located in Stockholm, Sweden, in 2019.
93GF Score

Get the complete analysis for FRA:7NX

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

€17.43
Price
€18.71
GF Value