NVR (MIL:1NVR) Cyclically Adjusted PS Ratio: 1.88 (As of Jul. 19, 2026) — 37% Below Median

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MIL:1NVR NVR Inc MIL:1NVR
88 GF Score
Price €5,515.00
GF Value €6,345.54
! 1 Warning Sign
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What is NVR Cyclically Adjusted PS Ratio?

NVR MIL:1NVR 88 Cyclically Adjusted PS Ratio is 1.88 as of Jul. 19, 2026, which is 37% below its 10-year median of 2.99. GuruFocus rates MIL:1NVR with a GF Score™ of 88/100 and a GF Value™ of €6,345.54. The stock has 1 warning sign investors should review. Among 72 Homebuilding & Construction companies, NVR ranks worse than 87.5% on this metric.

As of today (2026-07-19), NVR's current share price is €5515.00. NVR's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €2,926.40. NVR's Cyclically Adjusted PS Ratio for today is 1.88.

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

MIL:1NVR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.8   Med: 2.99   Max: 4.2
Current: 2.37

During the past years, NVR's highest Cyclically Adjusted PS Ratio was 4.20. The lowest was 1.80. And the median was 2.99.

MIL:1NVR's Cyclically Adjusted PS Ratio is ranked worse than
87.5% of 72 companies
in the Homebuilding & Construction industry
Industry Median: 0.655 vs MIL:1NVR: 2.37

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.

NVR's adjusted revenue per share data for the three months ended in Mar. 2026 was €556.782. 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 €2,926.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NVR  (MIL:1NVR) 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.


NVR Cyclically Adjusted PS Ratio Related Terms


NVR Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NVR'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.

NVR Cyclically Adjusted PS Ratio Chart

NVR 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 3.65 2.37 3.22 3.38 2.74

NVR Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.90 2.88 3.06 2.74 2.41

MIL:1NVR vs TOL, LEN, PHM: Cyclically Adjusted PS Ratio Comparison

For the Residential Construction subindustry, NVR'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.


NVR Cyclically Adjusted PS Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, NVR's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MIL:1NVR
88GF Score
NVR Inc MIL:1NVR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NVR 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5515.00/2926.40
=1.88

* 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.

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

For example, NVR's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=556.782/330.2130*330.2130
=556.782

Current CPI (Mar. 2026) = 330.2130.

NVR Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 296.942 241.018 406.833
201609 332.547 241.428 454.841
201612 417.031 241.432 570.384
201703 291.832 243.801 395.268
201706 327.459 244.955 441.433
201709 328.647 246.819 439.689
201712 352.297 246.524 471.893
201803 294.325 249.554 389.455
201806 369.973 251.989 484.822
201809 392.109 252.439 512.914
201812 444.455 251.233 584.178
201903 378.132 254.202 491.200
201906 403.030 256.143 519.576
201909 435.923 256.759 560.633
201912 451.910 256.974 580.707
202003 367.048 258.115 469.574
202006 373.098 257.797 477.902
202009 429.400 260.280 544.773
202012 484.608 260.474 614.356
202103 436.219 264.877 543.819
202106 486.841 271.696 591.695
202109 530.526 274.310 638.645
202112 525.886 278.802 622.859
202203 591.214 287.504 679.039
202206 718.602 296.311 800.820
202209 809.029 296.808 900.083
202212 753.577 296.797 838.421
202303 591.044 301.836 646.611
202306 623.538 305.109 674.842
202309 697.491 307.789 748.307
202312 662.041 306.746 712.689
202403 634.943 312.332 671.293
202406 731.882 314.175 769.243
202409 749.741 315.301 785.200
202412 831.675 315.605 870.170
202503 704.756 319.799 727.706
202506 734.006 322.561 751.419
202509 730.074 324.800 742.241
202512 775.856 324.054 790.602
202603 556.782 330.213 556.782

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 1.88 mean?
NVR (MIL:1NVR) has a Cyclically Adjusted PS Ratio of 1.88 as of Jul. 19, 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 NVR and its competitors. This is 37% below median its historical median of 2.99. Over the past decade, NVR's Cyclically Adjusted PS Ratio has ranged from 1.80 to 4.20. According to the industry distribution chart, NVR ranks #63 out of 72 companies in the Homebuilding & Construction industry, placing it in the top 87.5%.
Is NVR's Cyclically Adjusted PS Ratio too high?
NVR's current Cyclically Adjusted PS Ratio of 1.88 is 37% below median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 4.20. The Homebuilding & Construction industry median Cyclically Adjusted PS Ratio is 0.66. NVR's value of 1.88 is 187% above this industry median. Based on the distribution chart, NVR ranks #63 out of 72 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, NVR has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does NVR's Cyclically Adjusted PS Ratio compare to TOL and LEN?
According to the Homebuilding & Construction industry distribution chart, NVR ranks #63 out of 72 companies for Cyclically Adjusted PS Ratio. This places NVR in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.66. NVR's value of 1.88 is 187% above this benchmark. Historically, NVR's own Cyclically Adjusted PS Ratio has ranged from 1.80 to 4.20 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 0.66, NVR 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 Homebuilding & Construction company?
The median Cyclically Adjusted PS Ratio among Homebuilding & Construction companies is 0.66, based on 72 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. NVR's current Cyclically Adjusted PS Ratio of 1.88 is 187% 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 NVR and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PS Ratio is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NVR's current Cyclically Adjusted PS Ratio is 1.88, which is 37% below median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NVR stock overvalued right now?
NVR (MIL:1NVR) has a current Cyclically Adjusted PS Ratio of 1.88. The stock's GF Value™ is €6,345.54, compared to a current price of €5,515.00 — trading 13.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.88, which is 37% below median its 10-year median of 2.99 and 187% above the Homebuilding & Construction industry median of 0.66. NVR's overall GF Score™ is 88/100 with 1 warning sign 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 NVR (MIL:1NVR), the current Cyclically Adjusted PS Ratio is 1.88 as of Jul. 19, 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 NVR (MIL:1NVR) Overvalued in 2026?

Based on GuruFocus' analysis, NVR stock appears to be undervalued. The current stock price of €5,515.00 is trading 13.1% below its estimated GF Value™ of €6,345.54.

Key valuation signals for MIL:1NVR:

  • Cyclically Adjusted PS Ratio: 1.88 (37% below median its 10-year median of 2.99)
  • GF Value™: €6,345.54 vs. price of €5,515.00 (13.1% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 187% above the Homebuilding & Construction median (#63 of 72)

No single metric tells the full story. See the MIL:1NVR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NVR Business Description

Other Exchanges NVR:USAN1VR34:Brazil
Address 11700 Plaza America Drive, Suite 500, Reston, VA, USA, 20190
NVR Inc is engaged in the construction and sale of residential properties, including single-family detached homes, townhomes, and condominium buildings, all of which are built on a pre-sold basis. Additionally, the company provides related services through its mortgage banking and title services businesses. Its business segments are Homebuilding and Mortgage Banking. Its geographical segments include the Mid Atlantic, the North East, the Mid East, and the South East regions of America. The majority of the company's revenue is derived from the Homebuilding Mid Atlantic segment, which includes homebuilding operations that construct and sell single-family detached homes, townhomes and condominiums in Maryland, Virginia, West Virginia, Delaware and Washington, D.C. regions.
88GF Score

Get the complete analysis for MIL:1NVR

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

€5,515.00
Price
€6,345.54
GF Value