NBIS (Nebius Group NV) Cyclically Adjusted PS Ratio: 26.33 (As of Sep. 19, 2026) — 227% Above Median

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NBIS Nebius Group NV NBIS
51 GF Score
Price $223.54
! 5 Warning Signs
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What is Nebius Group NV Cyclically Adjusted PS Ratio?

Nebius Group NV NBIS +2.55% 51 Cyclically Adjusted PS Ratio is 26.33 as of Sep. 19, 2026, which is 227% above its 10-year median of 8.06. GuruFocus rates NBIS with a GF Score™ of 51/100. 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 (2026-09-19), Nebius Group NV's current share price is $223.54. Nebius Group NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $8.49. Nebius Group NV's Cyclically Adjusted PS Ratio for today is 26.33.

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: 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.

NBIS's Cyclically Adjusted PS Ratio is ranked worse than
99.71% of 345 companies
in the Interactive Media industry
Industry Median: 1.28 vs NBIS: 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 $2.077. 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 $8.49 for the trailing ten years ended in Jun. 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 10.15 2.34 2.42 3.58 10.77

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 6.75 13.56 10.18 12.44 32.53

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
51GF 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
=223.54/8.489
=26.33

* 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)
=2.077/137.7000*137.7000
=2.077

Current CPI (Jun. 2026) = 137.7000.

Nebius Group NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.914 100.570 1.251
201612 1.073 100.710 1.467
201703 1.071 101.440 1.454
201706 1.171 101.370 1.591
201709 1.201 102.030 1.621
201712 1.434 101.970 1.936
201803 1.393 102.470 1.872
201806 1.423 103.100 1.901
201809 1.487 103.950 1.970
201812 1.798 103.970 2.381
201903 1.700 105.370 2.222
201906 1.914 105.840 2.490
201909 2.076 106.700 2.679
201912 2.414 106.800 3.112
202003 2.078 106.850 2.678
202006 1.740 107.510 2.229
202009 2.185 107.880 2.789
202012 2.569 107.850 3.280
202103 2.765 108.870 3.497
202106 3.076 109.670 3.862
202109 3.418 110.790 4.248
202112 4.175 114.010 5.043
202203 3.252 119.460 3.749
202206 4.635 119.050 5.361
202209 5.953 126.890 6.460
202212 7.007 124.940 7.723
202303 0.014 124.720 0.015
202306 0.013 125.830 0.014
202309 0.014 127.160 0.015
202312 0.019 126.450 0.021
202403 0.032 128.580 0.034
202406 0.049 129.910 0.052
202409 0.161 131.610 0.168
202412 0.149 131.630 0.156
202503 0.214 133.330 0.221
202506 0.440 133.960 0.452
202509 0.580 135.920 0.588
202512 0.900 135.470 0.915
202603 1.291 136.840 1.299
202606 2.077 137.700 2.077

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 26.33 mean?
Nebius Group NV (NBIS) has a Cyclically Adjusted PS Ratio of 26.33 as of Sep. 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 Nebius Group NV and its competitors. This is 227% 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 26.33 is 227% 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 26.33 is 1957% 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 51/100, 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 #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 26.33 is 1957% 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 26.33 is 1957% 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 26.33, which is 227% 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?
Nebius Group NV (NBIS) has a current Cyclically Adjusted PS Ratio of 26.33. The current Cyclically Adjusted PS Ratio is 26.33, which is 227% above median its 10-year median of 8.06 and 1957% above the Interactive Media industry median of 1.28. Nebius Group NV's overall GF Score™ is 51/100 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 (NBIS), the current Cyclically Adjusted PS Ratio is 26.33 as of Sep. 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.

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.
51GF 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.

$223.54
Price