Nintendo Co (FRA:NTO) 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
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:NTO Nintendo Co Ltd FRA:NTO
75 GF Score
Price €46.24
GF Value €68.64
Valuation Possible Value Trap
! 3 Warning Signs
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What is Nintendo Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nintendo Co  (FRA:NTO) 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.


Nintendo Co Cyclically Adjusted PS Ratio Related Terms


Nintendo Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nintendo 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.

Nintendo Co Cyclically Adjusted PS Ratio Chart

Nintendo Co 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 6.95 4.91 6.25 7.43 5.18

Nintendo 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 9.31 8.00 6.14 5.16 3.83

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

For the Electronic Gaming & Multimedia subindustry, Nintendo 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.


Nintendo Co Cyclically Adjusted PS Ratio vs Interactive Media Industry

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

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


FRA:NTO
75GF Score
Nintendo Co Ltd FRA:NTO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nintendo 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.

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

For example, Nintendo 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)
=2.424/113.6000*113.6000
=2.424

Current CPI (Jun. 2026) = 113.6000.

Nintendo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.545 98.000 0.632
201612 1.230 98.400 1.420
201703 1.224 98.100 1.417
201706 1.049 98.500 1.210
201709 1.405 98.800 1.615
201712 3.025 99.400 3.457
201803 1.243 99.200 1.423
201806 1.077 99.200 1.233
201809 1.418 99.900 1.612
201812 3.936 99.700 4.485
201903 1.354 99.700 1.543
201906 1.170 99.800 1.332
201909 1.912 100.100 2.170
201912 4.036 100.500 4.562
202003 1.999 100.300 2.264
202006 2.538 99.900 2.886
202009 2.785 99.900 3.167
202012 4.279 99.300 4.895
202103 2.328 99.900 2.647
202106 2.055 99.500 2.346
202109 1.963 100.100 2.228
202112 4.563 100.100 5.178
202203 2.450 101.100 2.753
202206 1.906 101.800 2.127
202209 2.155 103.100 2.374
202212 3.801 104.100 4.148
202303 1.853 104.400 2.016
202306 2.650 105.200 2.862
202309 1.829 106.200 1.956
202312 3.233 106.800 3.439
202403 1.477 107.200 1.565
202406 1.263 108.200 1.326
202409 1.449 108.900 1.512
202412 2.288 110.700 2.348
202503 1.118 111.100 1.143
202506 3.000 111.700 3.051
202509 2.628 112.000 2.666
202512 3.862 113.000 3.883
202603 1.915 112.700 1.930
202606 2.424 113.600 2.424

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 Nintendo Co (FRA:NTO) Overvalued in 2026?

Based on GuruFocus' analysis, Nintendo Co stock appears to be undervalued. The current stock price of €46.24 is trading 32.6% below its estimated GF Value™ of €68.64. GuruFocus considers Nintendo Co to be Possible Value Trap.

Key valuation signals for FRA:NTO:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €68.64 vs. price of €46.24 (32.6% below fair value)
  • GF Score™: 75/100 with 3 warning signs

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


Nintendo Co Business Description

Address 11-1 Hokotate-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8501
Nintendo started its video game console business in 1983 by launching the NES, and started its portable console business in 1989 by launching the Game Boy. Since then, the firm has focused on expanding the gaming population by delivering unique entertainment experiences on its original console systems. However, Nintendo not only makes game consoles, but also owns world-renowned IPs such as Super Mario, Pokemon, and Zelda, which have been a source of cash flow for 40 years.
75GF Score

Get the complete analysis for FRA:NTO

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

€46.24
Price
€68.64
GF Value