NBIS (Nebius Group NV) Cyclically Adjusted PS Ratio: 32.16 (As of Aug. 02, 2026) — 320% Above Median

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NBIS Nebius Group NV NBIS
47 GF Score
Price $190.41
! 9 Warning Signs
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What is Nebius Group NV Cyclically Adjusted PS Ratio?

Nebius Group NV NBIS +1.05% 47 Cyclically Adjusted PS Ratio is 32.16 as of Aug. 02, 2026, which is 320% above its 10-year median of 7.65. GuruFocus rates NBIS with a GF Score™ of 47/100. The stock has 9 warning signs investors should review. Among 329 Interactive Media companies, Nebius Group NV ranks worse than 99.39% on this metric.

As of today (2026-08-02), Nebius Group NV's current share price is $190.41. Nebius Group NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $5.92. Nebius Group NV's Cyclically Adjusted PS Ratio for today is 32.16.

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

NBIS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.3   Med: 7.65   Max: 48.43
Current: 32.14

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 7.65.

NBIS's Cyclically Adjusted PS Ratio is ranked worse than
99.39% of 329 companies
in the Interactive Media industry
Industry Median: 1.31 vs NBIS: 32.14

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 Mar. 2026 was $1.291. 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 $5.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nebius Group NV  (NAS:NBIS) 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
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 3.61 9.51 19.14 14.37 17.52

NBIS 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.


NBIS
47GF Score
Nebius Group NV NBIS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=190.41/5.92
=32.16

* 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 Mar. 2026 is calculated as:

For example, Nebius Group NV'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)
=1.291/136.9100*136.9100
=1.291

Current CPI (Mar. 2026) = 136.9100.

Nebius Group NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.865 100.260 1.181
201609 0.935 100.570 1.273
201612 1.183 100.710 1.608
201703 1.122 101.440 1.514
201706 1.126 101.370 1.521
201709 1.222 102.030 1.640
201712 1.463 101.970 1.964
201803 1.384 102.470 1.849
201806 1.404 103.100 1.864
201809 1.485 103.950 1.956
201812 1.449 103.970 1.908
201903 1.726 105.370 2.243
201906 1.959 105.840 2.534
201909 2.075 106.700 2.662
201912 2.717 106.800 3.483
202003 1.749 106.850 2.241
202006 1.799 107.510 2.291
202009 2.040 107.880 2.589
202012 2.884 107.850 3.661
202103 2.710 108.870 3.408
202106 3.136 109.670 3.915
202109 3.447 110.790 4.260
202112 3.863 114.010 4.639
202203 3.481 119.460 3.989
202206 5.959 119.050 6.853
202209 6.139 126.890 6.624
202212 -16.440 124.940 -18.015
202303 0.013 124.720 0.014
202306 0.013 125.830 0.014
202309 0.014 127.160 0.015
202312 -0.012 126.450 -0.013
202403 0.032 128.580 0.034
202406 0.049 129.910 0.052
202409 0.154 131.610 0.160
202412 0.111 131.630 0.115
202503 0.214 133.330 0.220
202506 0.419 133.960 0.428
202509 0.606 135.920 0.610
202512 0.634 135.270 0.642
202603 1.291 136.910 1.291

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 32.16 mean?
Nebius Group NV (NBIS) has a Cyclically Adjusted PS Ratio of 32.16 as of Aug. 02, 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 320% above median its historical median of 7.65. 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 #327 out of 329 companies in the Interactive Media industry, placing it in the top 99.4%.
Is Nebius Group NV's Cyclically Adjusted PS Ratio too high?
Nebius Group NV's current Cyclically Adjusted PS Ratio of 32.16 is 320% above median its 10-year median of 7.65. 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 1.31. Nebius Group NV's value of 32.16 is 2355% above this industry median. Based on the distribution chart, Nebius Group NV ranks #327 out of 329 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Nebius Group NV has a GF Score™ of 47/100, 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 #327 out of 329 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 1.31. Nebius Group NV's value of 32.16 is 2355% 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 7.65 vs. the industry median of 1.31, 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 1.31, based on 329 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 32.16 is 2355% 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 1.31 — 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 32.16, which is 320% above median its own 10-year median of 7.65. 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?
Nebius Group NV (NBIS) has a current Cyclically Adjusted PS Ratio of 32.16. The current Cyclically Adjusted PS Ratio is 32.16, which is 320% above median its 10-year median of 7.65 and 2355% above the Interactive Media industry median of 1.31. Nebius Group NV's overall GF Score™ is 47/100 with 9 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 (NBIS), the current Cyclically Adjusted PS Ratio is 32.16 as of Aug. 02, 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.

Nebius Group NV Business Description

Other Exchanges NBISN:MexicoYDX: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.
47GF Score

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

$190.41
Price