Nucor (MEX:NUE) Cyclically Adjusted PS Ratio: 2.07 (As of Aug. 18, 2026) — 82% Above Median

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.

MEX:NUE Nucor Corp MEX:NUE
86 GF Score
Price MXN4,685.00
GF Value MXN3,169.95
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Nucor Cyclically Adjusted PS Ratio?

Nucor MEX:NUE 86 Cyclically Adjusted PS Ratio is 2.07 as of Aug. 18, 2026, which is 82% above its 10-year median of 1.14. GuruFocus rates MEX:NUE with a GF Score™ of 86/100 and a GF Value™ of MXN3,169.95 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 516 Steel companies, Nucor ranks worse than 88.18% on this metric.

As of today (2026-08-18), Nucor's current share price is MXN4685.00. Nucor's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN2,267.97. Nucor's Cyclically Adjusted PS Ratio for today is 2.07.

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

MEX:NUE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.14   Max: 2.18
Current: 2.16

During the past years, Nucor's highest Cyclically Adjusted PS Ratio was 2.18. The lowest was 0.46. And the median was 1.14.

MEX:NUE's Cyclically Adjusted PS Ratio is ranked worse than
88.18% of 516 companies
in the Steel industry
Industry Median: 0.45 vs MEX:NUE: 2.16

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.

Nucor's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN793.949. 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 MXN2,267.97 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nucor  (MEX:NUE) 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.


Nucor Cyclically Adjusted PS Ratio Related Terms


Nucor Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nucor'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.

Nucor Cyclically Adjusted PS Ratio Chart

Nucor 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 1.46 1.45 1.74 1.09 1.39

Nucor 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 1.15 1.17 1.39 1.39 1.77

MEX:NUE vs STLD, RS, TX: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Nucor'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.


Nucor Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Nucor's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:NUE
86GF Score
Nucor Corp MEX:NUE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nucor 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.

Nucor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4685.00/2267.97
=2.07

* 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.

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

For example, Nucor'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)
=793.949/333.9520*333.9520
=793.949

Current CPI (Jun. 2026) = 333.9520.

Nucor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 259.208 241.428 358.546
201612 254.600 241.432 352.166
201703 282.317 243.801 386.710
201706 291.194 244.955 396.991
201709 292.513 246.819 395.777
201712 312.576 246.524 423.429
201803 315.672 249.554 422.431
201806 397.478 251.989 526.763
201809 398.086 252.439 526.629
201812 398.406 251.233 529.582
201903 384.994 254.202 505.777
201906 370.174 256.143 482.622
201909 353.729 256.759 460.075
201912 318.449 256.974 413.842
202003 435.343 258.115 563.252
202006 329.721 257.797 427.123
202009 358.764 260.280 460.312
202012 344.429 260.474 441.590
202103 474.145 264.877 597.793
202106 588.034 271.696 722.775
202109 728.350 274.310 886.712
202112 751.887 278.802 900.618
202203 767.866 287.504 891.919
202206 899.750 296.311 1,014.047
202209 813.879 296.808 915.732
202212 661.550 296.797 744.367
202303 617.135 301.836 682.799
202306 651.697 305.109 713.304
202309 614.117 307.789 666.319
202312 527.233 306.746 573.994
202403 554.594 312.332 592.984
202406 616.548 314.175 655.359
202409 618.981 315.301 655.596
202412 629.049 315.605 665.617
202503 687.796 319.799 718.235
202506 689.860 322.561 714.222
202509 679.022 324.800 698.155
202512 602.306 324.054 620.703
202603 746.788 330.213 755.244
202606 793.949 333.952 793.949

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 2.07 mean?
Nucor (MEX:NUE) has a Cyclically Adjusted PS Ratio of 2.07 as of Aug. 18, 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 Nucor and its competitors. This is 82% above median its historical median of 1.14. Over the past decade, Nucor's Cyclically Adjusted PS Ratio has ranged from 0.46 to 2.18. According to the industry distribution chart, Nucor ranks #455 out of 516 companies in the Steel industry, placing it in the top 88.2%.
Is Nucor's Cyclically Adjusted PS Ratio too high?
Nucor's current Cyclically Adjusted PS Ratio of 2.07 is 82% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.18. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Nucor's value of 2.07 is 360% above this industry median. Based on the distribution chart, Nucor ranks #455 out of 516 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Nucor has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nucor's Cyclically Adjusted PS Ratio compare to STLD and RS?
According to the Steel industry distribution chart, Nucor ranks #455 out of 516 companies for Cyclically Adjusted PS Ratio. This places Nucor in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Nucor's value of 2.07 is 360% above this benchmark. Historically, Nucor's own Cyclically Adjusted PS Ratio has ranged from 0.46 to 2.18 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 0.45, Nucor 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 a Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 516 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. Nucor's current Cyclically Adjusted PS Ratio of 2.07 is 360% 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 Nucor and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nucor's current Cyclically Adjusted PS Ratio is 2.07, which is 82% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nucor stock overvalued right now?
Based on GuruFocus' analysis, Nucor (MEX:NUE) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN3,169.95, compared to a current price of MXN4,685.00 — trading 47.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.07, which is 82% above median its 10-year median of 1.14 and 360% above the Steel industry median of 0.45. Nucor's overall GF Score™ is 86/100 with 10 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 Nucor (MEX:NUE), the current Cyclically Adjusted PS Ratio is 2.07 as of Aug. 18, 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 Nucor (MEX:NUE) Overvalued in 2026?

Based on GuruFocus' analysis, Nucor stock appears to be overvalued. The current stock price of MXN4,685.00 is trading 47.8% above its estimated GF Value™ of MXN3,169.95. GuruFocus considers Nucor to be Significantly Overvalued.

Key valuation signals for MEX:NUE:

  • Cyclically Adjusted PS Ratio: 2.07 (82% above median its 10-year median of 1.14)
  • GF Value™: MXN3,169.95 vs. price of MXN4,685.00 (47.8% above fair value)
  • GF Score™: 86/100 with 10 warning signs
  • Industry Position: 360% above the Steel median (#455 of 516)

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


Nucor Business Description

Address 1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company's reportable segments are steel mills, steel products, and raw materials. The majority of its revenue is derived from the steel mills segment, which is engaged in producing sheet steel (hot-rolled, cold-rolled, and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling, and sheet piling), and bar steel products. Nucor manufactures steel principally from scrap steel and scrap steel substitutes using electric arc furnaces (EAFs), along with continuous casting and automated rolling mills. The steel mills segment sells its products mainly to steel service centers, fabricators, and manufacturers located in the United States, Canada, and Mexico.
86GF Score

Get the complete analysis for MEX:NUE

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

MXN4,685.00
Price
MXN3,169.95
GF Value