Nordic Semiconductor ASA (LTS:0FF9) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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LTS:0FF9 Nordic Semiconductor ASA LTS:0FF9
84 GF Score
Price kr178.45
GF Value kr160.87
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Nordic Semiconductor ASA Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordic Semiconductor ASA  (LTS:0FF9) 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.


Nordic Semiconductor ASA Cyclically Adjusted PS Ratio Related Terms


Nordic Semiconductor ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nordic Semiconductor ASA'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.

Nordic Semiconductor ASA Cyclically Adjusted PS Ratio Chart

Nordic Semiconductor ASA 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 22.36 9.65 6.10 4.39 5.20

Nordic Semiconductor ASA 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 5.40 5.99 5.10 5.62 6.49

LTS:0FF9 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Nordic Semiconductor ASA'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.


Nordic Semiconductor ASA Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Nordic Semiconductor ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0FF9
84GF Score
Nordic Semiconductor ASA LTS:0FF9
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic Semiconductor ASA 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.

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

For example, Nordic Semiconductor ASA'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)
=10.255/141.6200*141.6200
=10.255

Current CPI (Jun. 2026) = 141.6200.

Nordic Semiconductor ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.679 104.200 3.641
201612 2.721 104.400 3.691
201703 2.468 105.000 3.329
201706 3.086 105.800 4.131
201709 3.231 105.900 4.321
201712 3.247 106.100 4.334
201803 2.913 107.300 3.845
201806 3.187 108.500 4.160
201809 3.630 109.500 4.695
201812 2.929 109.800 3.778
201903 2.574 110.400 3.302
201906 3.478 110.600 4.453
201909 4.148 111.100 5.287
201912 4.266 111.300 5.428
202003 3.789 111.200 4.826
202006 4.999 112.100 6.315
202009 6.045 112.900 7.583
202012 5.887 112.900 7.385
202103 6.380 114.600 7.884
202106 6.411 115.300 7.874
202109 6.749 117.500 8.134
202112 7.755 118.900 9.237
202203 8.401 119.800 9.931
202206 9.784 122.600 11.302
202209 10.477 125.600 11.813
202212 10.128 125.900 11.393
202303 7.730 127.600 8.579
202306 8.562 130.400 9.299
202309 7.310 129.800 7.976
202312 6.094 131.900 6.543
202403 4.079 132.600 4.356
202406 7.166 133.800 7.585
202409 8.840 133.700 9.364
202412 8.616 134.800 9.052
202503 8.951 136.100 9.314
202506 8.748 137.800 8.991
202509 9.195 138.500 9.402
202512 8.483 139.140 8.634
202603 9.349 141.060 9.386
202606 10.255 141.620 10.255

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 Nordic Semiconductor ASA (LTS:0FF9) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Semiconductor ASA stock appears to be overvalued. The current stock price of kr178.45 is trading 10.9% above its estimated GF Value™ of kr160.87. GuruFocus considers Nordic Semiconductor ASA to be Modestly Overvalued.

Key valuation signals for LTS:0FF9:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: kr160.87 vs. price of kr178.45 (10.9% above fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the LTS:0FF9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordic Semiconductor ASA Business Description

Address Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor designs Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, Thread protocol and long-range connectivity.
84GF Score

Get the complete analysis for LTS:0FF9

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

kr178.45
Price
kr160.87
GF Value