Nebius Group NV (MEX:NBISN) Cyclically Adjusted PS Ratio: 35.80 (As of Sep. 14, 2026) — 344% Above Median

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MEX:NBISN Nebius Group NV MEX:NBISN
40 GF Score
Price MXN3,815.00
GF Value MXN410.29
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nebius Group NV Cyclically Adjusted PS Ratio?

Nebius Group NV MEX:NBISN -1.68% 40 Cyclically Adjusted PS Ratio is 35.80 as of Sep. 14, 2026, which is 344% above its 10-year median of 8.06. GuruFocus rates MEX:NBISN with a GF Score™ of 40/100 and a GF Value™ of MXN410.29 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 345 Interactive Media companies, Nebius Group NV ranks worse than 99.71% on this metric.

As of today (2026-09-14), Nebius Group NV's current share price is MXN3815.00. Nebius Group NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN106.56. Nebius Group NV's Cyclically Adjusted PS Ratio for today is 35.80.

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

MEX:NBISN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.3   Med: 8.06   Max: 48.43
Current: 37.11

During the past years, Nebius Group NV's highest Cyclically Adjusted PS Ratio was 48.43. The lowest was 2.30. And the median was 8.06.

MEX:NBISN's Cyclically Adjusted PS Ratio is ranked worse than
99.71% of 345 companies
in the Interactive Media industry
Industry Median: 1.28 vs MEX:NBISN: 37.11

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.

Nebius Group NV's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN36.238. 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 MXN106.56 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nebius Group NV  (MEX:NBISN) 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.


Nebius Group NV Cyclically Adjusted PS Ratio Related Terms


Nebius Group NV Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nebius Group NV'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.

Nebius Group NV Cyclically Adjusted PS Ratio Chart

Nebius Group NV 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 9.79 2.98 3.17 4.74 14.37

Nebius Group NV 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 9.51 19.14 14.37 17.51 45.64

MEX:NBISN vs BIDU, RDDT, TME: Cyclically Adjusted PS Ratio Comparison

For the Internet Content & Information subindustry, Nebius Group NV'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.


Nebius Group NV Cyclically Adjusted PS Ratio vs Interactive Media Industry

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

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


MEX:NBISN
40GF Score
Nebius Group NV MEX:NBISN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nebius Group NV 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.

Nebius Group NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3815.00/106.56
=35.80

* 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.

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

For example, Nebius Group NV'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)
=36.238/137.7700*137.7700
=36.238

Current CPI (Jun. 2026) = 137.7700.

Nebius Group NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 18.080 100.570 24.768
201612 24.391 100.710 33.367
201703 21.132 101.440 28.700
201706 20.351 101.370 27.659
201709 22.181 102.030 29.951
201712 28.728 101.970 38.814
201803 25.144 102.470 33.806
201806 27.585 103.100 36.861
201809 27.773 103.950 36.809
201812 28.446 103.970 37.694
201903 33.476 105.370 43.769
201906 37.633 105.840 48.986
201909 40.958 106.700 52.885
201912 51.245 106.800 66.105
202003 41.004 106.850 52.870
202006 41.518 107.510 53.204
202009 45.075 107.880 57.564
202012 57.370 107.850 73.286
202103 55.397 108.870 70.102
202106 62.432 109.670 78.429
202109 70.883 110.790 88.145
202112 79.247 114.010 95.762
202203 69.309 119.460 79.932
202206 119.889 119.050 138.741
202209 123.477 126.890 134.064
202212 -320.519 124.940 -353.433
202303 0.243 124.720 0.268
202306 0.223 125.830 0.244
202309 0.241 127.160 0.261
202312 -0.207 126.450 -0.226
202403 0.523 128.580 0.560
202406 0.904 129.910 0.959
202409 3.028 131.610 3.170
202412 2.310 131.630 2.418
202503 4.377 133.330 4.523
202506 8.003 133.960 8.231
202509 11.117 135.920 11.268
202512 11.413 135.270 11.624
202603 23.287 136.910 23.433
202606 36.238 137.770 36.238

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 35.80 mean?
Nebius Group NV (MEX:NBISN) has a Cyclically Adjusted PS Ratio of 35.80 as of Sep. 14, 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 Nebius Group NV and its competitors. This is 344% above median its historical median of 8.06. Over the past decade, Nebius Group NV's Cyclically Adjusted PS Ratio has ranged from 2.30 to 48.43. According to the industry distribution chart, Nebius Group NV ranks #344 out of 345 companies in the Interactive Media industry, placing it in the top 99.7%.
Is Nebius Group NV's Cyclically Adjusted PS Ratio too high?
Nebius Group NV's current Cyclically Adjusted PS Ratio of 35.80 is 344% above median its 10-year median of 8.06. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 48.43. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.28. Nebius Group NV's value of 35.80 is 2696.9% above this industry median. Based on the distribution chart, Nebius Group NV ranks #344 out of 345 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Nebius Group NV has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nebius Group NV's Cyclically Adjusted PS Ratio compare to BIDU and RDDT?
According to the Interactive Media industry distribution chart, Nebius Group NV ranks #344 out of 345 companies for Cyclically Adjusted PS Ratio. This places Nebius Group NV in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.28. Nebius Group NV's value of 35.80 is 2696.9% above this benchmark. Historically, Nebius Group NV's own Cyclically Adjusted PS Ratio has ranged from 2.30 to 48.43 over the past decade. While the company's 10-year median is 8.06 vs. the industry median of 1.28, Nebius Group NV has consistently been above 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 Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.28, based on 345 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. Nebius Group NV's current Cyclically Adjusted PS Ratio of 35.80 is 2696.9% above 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 Nebius Group NV and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nebius Group NV's current Cyclically Adjusted PS Ratio is 35.80, which is 344% above median its own 10-year median of 8.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nebius Group NV stock overvalued right now?
Based on GuruFocus' analysis, Nebius Group NV (MEX:NBISN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN410.29, compared to a current price of MXN3,815.00 — trading 829.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 35.80, which is 344% above median its 10-year median of 8.06 and 2696.9% above the Interactive Media industry median of 1.28. Nebius Group NV's overall GF Score™ is 40/100 with 5 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 Nebius Group NV (MEX:NBISN), the current Cyclically Adjusted PS Ratio is 35.80 as of Sep. 14, 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 Nebius Group NV (MEX:NBISN) Overvalued in 2026?

Based on GuruFocus' analysis, Nebius Group NV stock appears to be overvalued. The current stock price of MXN3,815.00 is trading 829.8% above its estimated GF Value™ of MXN410.29. GuruFocus considers Nebius Group NV to be Significantly Overvalued.

Key valuation signals for MEX:NBISN:

  • Cyclically Adjusted PS Ratio: 35.80 (344% above median its 10-year median of 8.06)
  • GF Value™: MXN410.29 vs. price of MXN3,815.00 (829.8% above fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 2696.9% above the Interactive Media median (#344 of 345)

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


Nebius Group NV Business Description

Other Exchanges NBIS:USAYDX:Germany
Address Schiphol Boulevard 165, Schiphol P7, Amsterdam, NLD, 1118 BG
Nebius is a vertically integrated cloud provider focusing on AI and high-performance computing. It is a carve-out of the previous Russian tech firm Yandex, following the Russian sanctions since the Ukraine-Russia war. Nebius designs and operates its own data centers and servers across Europe and the US, with a total capacity of several hundred megawatts. In September 2025, Microsoft became a major Nebius client under a multiyear $17 billion revenue agreement to provide computing capacity.
40GF Score

Get the complete analysis for MEX:NBISN

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

MXN3,815.00
Price
MXN410.29
GF Value