Nextensa (FRA:L3R) Cyclically Adjusted PS Ratio: (As of Jul. 24, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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:L3R Nextensa SA FRA:L3R
77 GF Score
Price €44.90
GF Value €40.27
! 5 Warning Signs
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What is Nextensa Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nextensa  (FRA:L3R) 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.


Nextensa Cyclically Adjusted PS Ratio Related Terms


Nextensa Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nextensa'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.

Nextensa Cyclically Adjusted PS Ratio Chart

Nextensa 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 0.00 0.00

Nextensa Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.00

FRA:L3R vs VICI, WPC, BNL: Cyclically Adjusted PS Ratio Comparison

For the REIT - Diversified subindustry, Nextensa'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.


Nextensa Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Nextensa's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:L3R
77GF Score
Nextensa SA FRA:L3R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nextensa 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.

Nextensa's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Nextensa's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/135.0700*135.0700
=0.000

Current CPI (Dec. 2025) = 135.0700.

Nextensa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200606 0.000 84.834 0.000
200612 0.000 85.142 0.000
200706 0.000 85.925 0.000
200712 0.000 87.768 0.000
200812 0.000 90.077 0.000
200912 0.000 90.315 0.000
201006 0.000 92.119 0.000
201012 0.000 93.120 0.000
201106 0.000 95.508 0.000
201112 0.000 96.360 0.000
201206 0.000 97.659 0.000
201212 0.000 98.511 0.000
201306 0.000 99.215 0.000
201312 0.000 99.462 0.000
201406 0.000 99.482 0.000
201412 0.000 99.086 0.000
201506 0.000 100.107 0.000
201512 0.000 100.572 0.000
201606 0.000 102.267 0.000
201612 0.000 102.614 0.000
201706 0.000 103.902 0.000
201712 0.000 104.804 0.000
201806 0.000 106.063 0.000
201812 0.000 107.252 0.000
201906 0.000 107.896 0.000
201912 0.000 108.065 0.000
202006 0.000 108.540 0.000
202012 0.000 108.511 0.000
202106 0.000 110.305 0.000
202112 0.000 114.705 0.000
202206 0.000 120.948 0.000
202212 0.000 126.578 0.000
202306 0.000 125.973 0.000
202312 0.000 128.292 0.000
202406 0.000 130.691 0.000
202409 0.000 130.968 0.000
202412 0.000 132.346 0.000
202506 0.000 133.495 0.000
202509 0.000 133.740 0.000
202512 0.000 135.070 0.000

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 Nextensa (FRA:L3R) Overvalued in 2026?

Based on GuruFocus' analysis, Nextensa stock appears to be overvalued. The current stock price of €44.90 is trading 11.5% above its estimated GF Value™ of €40.27.

Key valuation signals for FRA:L3R:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €40.27 vs. price of €44.90 (11.5% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the FRA:L3R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nextensa Business Description

Industry Real EstateREITs
Other Exchanges 0NUT:UKNEXTA:Belgium
Address Rue Picard 11, PO Box 505, Gare Maritime, Brussels, BEL, 1000
Nextensa SA operates as a real estate investment trust. It operates as a real estate investor and developer, managing an investment portfolio of real estate assets across Belgium, Austria, and Luxembourg. The company's portfolio mainly comprises offices, retail, semi-industrial, and logistics properties. Nextensa NV is composed of three operational segments, namely investment, development, and corporate. These segments are divided into sub-segments, namely Belgium, the Grand Duchy of Luxembourg, and Austria for the investment segment, and Belgium, Luxembourg, and other countries for the development segment. The company generates maximum revenue from Belgium in the form of rental income from investment properties.
77GF Score

Get the complete analysis for FRA:L3R

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

€44.90
Price
€40.27
GF Value