Nabors Industries (FRA:NBI1) Cyclically Adjusted PS Ratio: 0.22 (As of Aug. 25, 2026) — 38% Above Median

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FRA:NBI1 Nabors Industries Ltd FRA:NBI1
50 GF Score
Price €76.50
GF Value €44.83
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nabors Industries Cyclically Adjusted PS Ratio?

Nabors Industries FRA:NBI1 -2.55% 50 Cyclically Adjusted PS Ratio is 0.22 as of Aug. 25, 2026, which is 38% above its 10-year median of 0.16. GuruFocus rates FRA:NBI1 with a GF Score™ of 50/100 and a GF Value™ of €44.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 715 Oil & Gas companies, Nabors Industries ranks better than 85.17% on this metric.

As of today (2026-08-25), Nabors Industries's current share price is €76.50. Nabors Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €355.65. Nabors Industries's Cyclically Adjusted PS Ratio for today is 0.22.

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

FRA:NBI1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.16   Max: 0.99
Current: 0.21

During the past years, Nabors Industries's highest Cyclically Adjusted PS Ratio was 0.99. The lowest was 0.02. And the median was 0.16.

FRA:NBI1's Cyclically Adjusted PS Ratio is ranked better than
85.17% of 715 companies
in the Oil & Gas industry
Industry Median: 1.06 vs FRA:NBI1: 0.21

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.

Nabors Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was €49.551. 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 €355.65 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nabors Industries  (FRA:NBI1) 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.


Nabors Industries Cyclically Adjusted PS Ratio Related Terms


Nabors Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nabors Industries'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.

Nabors Industries Cyclically Adjusted PS Ratio Chart

Nabors Industries 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 0.11 0.23 0.14 0.12 0.13

Nabors Industries 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 0.06 0.09 0.13 0.21 0.20

FRA:NBI1 vs BORR, SOC, AKTAF: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Drilling subindustry, Nabors Industries'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.


Nabors Industries Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Nabors Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:NBI1
50GF Score
Nabors Industries Ltd FRA:NBI1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nabors Industries 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.

Nabors Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=76.50/355.65
=0.22

* 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.

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

For example, Nabors Industries'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)
=49.551/333.9520*333.9520
=49.551

Current CPI (Jun. 2026) = 333.9520.

Nabors Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 83.679 241.428 115.748
201612 92.291 241.432 127.658
201703 94.670 243.801 129.676
201706 100.736 244.955 137.335
201709 99.446 246.819 134.553
201712 104.413 246.524 141.442
201803 96.410 249.554 129.015
201806 99.315 251.989 131.619
201809 95.369 252.439 126.164
201812 98.137 251.233 130.449
201903 100.881 254.202 132.530
201906 97.098 256.143 126.594
201909 97.761 256.759 127.152
201912 91.299 256.974 118.648
202003 92.202 258.115 119.292
202006 67.234 257.797 87.095
202009 52.684 260.280 67.596
202012 51.566 260.474 66.112
202103 54.468 264.877 68.672
202106 54.443 271.696 66.918
202109 56.348 274.310 68.599
202112 60.507 278.802 72.476
202203 62.114 287.504 72.149
202206 65.728 296.311 74.078
202209 77.050 296.808 86.692
202212 78.838 296.797 88.707
202303 73.753 301.836 81.600
202306 76.999 305.109 84.278
202309 75.179 307.789 81.569
202312 72.882 306.746 79.346
202403 73.562 312.332 78.654
202406 74.142 314.175 78.809
202409 71.568 315.301 75.801
202412 75.668 315.605 80.067
202503 58.347 319.799 60.929
202506 51.269 322.561 53.080
202509 45.500 324.800 46.782
202512 44.261 324.054 45.613
202603 47.687 330.213 48.227
202606 49.551 333.952 49.551

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 0.22 mean?
Nabors Industries (FRA:NBI1) has a Cyclically Adjusted PS Ratio of 0.22 as of Aug. 25, 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 Nabors Industries and its competitors. This is 38% above median its historical median of 0.16. Over the past decade, Nabors Industries' Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.99. According to the industry distribution chart, Nabors Industries ranks #106 out of 715 companies in the Oil & Gas industry, placing it in the top 14.8%.
Is Nabors Industries' Cyclically Adjusted PS Ratio too high?
Nabors Industries' current Cyclically Adjusted PS Ratio of 0.22 is 38% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.99. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Nabors Industries' value of 0.22 is 79.2% below this industry median. Based on the distribution chart, Nabors Industries ranks #106 out of 715 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Nabors Industries has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nabors Industries' Cyclically Adjusted PS Ratio compare to BORR and SOC?
According to the Oil & Gas industry distribution chart, Nabors Industries ranks #106 out of 715 companies for Cyclically Adjusted PS Ratio. This places Nabors Industries in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.06. Nabors Industries' value of 0.22 is 79.2% below this benchmark. Historically, Nabors Industries' own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.99 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 1.06, Nabors Industries 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 Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.06, based on 715 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. Nabors Industries's current Cyclically Adjusted PS Ratio of 0.22 is 79.2% 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 Nabors Industries and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nabors Industries's current Cyclically Adjusted PS Ratio is 0.22, which is 38% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nabors Industries stock overvalued right now?
Based on GuruFocus' analysis, Nabors Industries (FRA:NBI1) is currently considered Significantly Overvalued. The stock's GF Value™ is €44.83, compared to a current price of €76.50 — trading 70.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is 38% above median its 10-year median of 0.16 and 79.2% below the Oil & Gas industry median of 1.06. Nabors Industries' overall GF Score™ is 50/100 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 Nabors Industries (FRA:NBI1), the current Cyclically Adjusted PS Ratio is 0.22 as of Aug. 25, 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 Nabors Industries (FRA:NBI1) Overvalued in 2026?

Based on GuruFocus' analysis, Nabors Industries stock appears to be overvalued. The current stock price of €76.50 is trading 70.6% above its estimated GF Value™ of €44.83. GuruFocus considers Nabors Industries to be Significantly Overvalued.

Key valuation signals for FRA:NBI1:

  • Cyclically Adjusted PS Ratio: 0.22 (38% above median its 10-year median of 0.16)
  • GF Value™: €44.83 vs. price of €76.50 (70.6% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 79.2% below the Oil & Gas median (#106 of 715)

No single metric tells the full story. See the FRA:NBI1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nabors Industries Business Description

Industry EnergyOil & Gas
Other Exchanges NBR:USANBI1:Germany
Address 4 Par-la-Ville Road, Crown House, Second Floor, Hamilton, BMU, HM 08
Nabors Industries Ltd owns and operates land-based drilling rig fleets and is a provider of offshore platform rigs in the United States and international markets. It also provides performance tools, directional drilling services, tubular running services, and technologies. The company has four reportable segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The key revenue of the company is generated from International Drilling.
50GF Score

Get the complete analysis for FRA:NBI1

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

€76.50
Price
€44.83
GF Value