Nathan's Famous (FRA:NFA) Cyclically Adjusted PS Ratio: (As of Sep. 22, 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:NFA Nathan's Famous Inc FRA:NFA
76 GF Score
Price €78.00
GF Value €82.44
! 3 Warning Signs
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What is Nathan's Famous Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nathan's Famous  (FRA:NFA) 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.


Nathan's Famous Cyclically Adjusted PS Ratio Related Terms


Nathan's Famous Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nathan's Famous'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.

Nathan's Famous Cyclically Adjusted PS Ratio Chart

Nathan's Famous Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 2.81 2.45 3.09 2.87

Nathan's Famous 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 3.15 3.07 2.63 2.83 2.84

FRA:NFA vs DIN, PTLO, LOCO: Cyclically Adjusted PS Ratio Comparison

For the Restaurants subindustry, Nathan's Famous'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.


Nathan's Famous Cyclically Adjusted PS Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Nathan's Famous's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:NFA
76GF Score
Nathan's Famous Inc FRA:NFA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nathan's Famous 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.

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

For example, Nathan's Famous'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)
=11.261/333.9520*333.9520
=11.261

Current CPI (Jun. 2026) = 333.9520.

Nathan's Famous Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.966 241.428 8.252
201612 4.393 241.432 6.076
201703 4.291 243.801 5.878
201706 6.641 244.955 9.054
201709 6.366 246.819 8.613
201712 4.469 246.524 6.054
201803 3.771 249.554 5.046
201806 5.992 251.989 7.941
201809 5.960 252.439 7.884
201812 4.199 251.233 5.582
201903 4.638 254.202 6.093
201906 6.457 256.143 8.418
201909 6.325 256.759 8.227
201912 4.570 256.974 5.939
202003 4.686 258.115 6.063
202006 3.898 257.797 5.049
202009 4.543 260.280 5.829
202012 3.675 260.474 4.712
202103 3.689 264.877 4.651
202106 6.318 271.696 7.766
202109 6.778 274.310 8.252
202112 5.509 278.802 6.599
202203 5.366 287.504 6.233
202206 9.062 296.311 10.213
202209 9.117 296.808 10.258
202212 6.233 296.797 7.013
202303 6.253 301.836 6.918
202306 9.437 305.109 10.329
202309 8.703 307.789 9.443
202312 6.586 306.746 7.170
202403 6.534 312.332 6.986
202406 10.169 314.175 10.809
202409 9.138 315.301 9.679
202412 7.219 315.605 7.639
202503 7.153 319.799 7.470
202506 10.054 322.561 10.409
202509 9.466 324.800 9.733
202512 7.157 324.054 7.376
202603 7.270 330.213 7.352
202606 11.261 333.952 11.261

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 Nathan's Famous (FRA:NFA) Overvalued in 2026?

Based on GuruFocus' analysis, Nathan's Famous stock appears to be undervalued. The current stock price of €78.00 is trading 5.4% below its estimated GF Value™ of €82.44.

Key valuation signals for FRA:NFA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €82.44 vs. price of €78.00 (5.4% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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


Nathan's Famous Business Description

Other Exchanges NATH:USA
Address One Jericho Plaza, Second Floor - Wing A, Jericho, NY, USA, 11753
Nathan's Famous Inc is a branded licensor, wholesaler and retailer of products marketed under its brand. Its products are currently marketed for sale in thousands of locations, including supermarkets, mass merchandisers and club stores, selected foodservice locations and its company-owned and franchised restaurants throughout the United States and in twenty foreign countries. It considers itself to be in the foodservice industry. It has three segments Branded Product Program, Product Licensing, Restaurant Operations, of which majority of revenue is from Branded Product Program which derives from the sale of hot dog products either directly to foodservice operators or to various foodservice distributors. It generates majority of revenue from United States.
76GF Score

Get the complete analysis for FRA:NFA

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

€78.00
Price
€82.44
GF Value