NRO (NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND) Cyclically Adjusted PS Ratio: 11.44 (As of Jul. 05, 2026) — Near Median


NRO NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC NRO
26 GF Score
Price $3.09
! 6 Warning Signs
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What is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Cyclically Adjusted PS Ratio?

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND NRO +1.31% 26 Cyclically Adjusted PS Ratio is 11.44 as of Jul. 05, 2026, which is 7% above its 10-year median of 10.67. GuruFocus rates NRO with a GF Score™ of 26/100. The stock has 6 warning signs investors should review. Among 904 Asset Management companies, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND ranks worse than 67.81% on this metric.

As of today (2026-07-05), NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's current share price is $3.09. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct25 was $0.27. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Cyclically Adjusted PS Ratio for today is 11.44.

The historical rank and industry rank for NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Cyclically Adjusted PS Ratio or its related term are showing as below:

NRO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.56   Med: 10.67   Max: 15.42
Current: 11.57

During the past 13 years, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's highest Cyclically Adjusted PS Ratio was 15.42. The lowest was 3.56. And the median was 10.67.

NRO's Cyclically Adjusted PS Ratio is ranked worse than
67.81% of 904 companies
in the Asset Management industry
Industry Median: 7.61 vs NRO: 11.57

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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's adjusted revenue per share data of for the fiscal year that ended in Oct25 was $. 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 $0.27 for the trailing ten years ended in Oct25.

Shiller PE for Stocks: The True Measure of Stock Valuation


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND  (AMEX:NRO) 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.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Cyclically Adjusted PS Ratio Related Terms


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND'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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Cyclically Adjusted PS Ratio Chart

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.82 10.07 9.59 13.86 12.01

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.00 13.86 0.00 12.01 0.00

NRO vs TPVG, NHS, OPP: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND'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.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Cyclically Adjusted PS Ratio falls into.


NRO
26GF Score
NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC NRO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND 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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.09/0.27
=11.44

* 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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct25 is calculated as:

For example, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's adjusted Revenue per Share data for the fiscal year that ended in Oct25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Oct25 (Change)*Current CPI (Oct25)
=-0.077/*
=

Current CPI (Oct25) = .

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201610 0.648 241.729 0.000
201710 0.369 246.663 0.000
201810 -0.168 252.885 0.000
201910 1.299 257.346 0.000
202010 -1.455 260.388 0.000
202110 1.733 276.589 0.000
202210 -1.425 298.012 0.000
202310 -0.006 307.671 0.000
202410 1.271 315.664 0.000
202510 -0.077 0.000

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 11.44 mean?
NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NRO) has a Cyclically Adjusted PS Ratio of 11.44 as of Jul. 05, 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 NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND and its competitors. This is near median its historical median of 10.67. Over the past decade, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Cyclically Adjusted PS Ratio has ranged from 3.56 to 15.42. According to the industry distribution chart, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND ranks #613 out of 904 companies in the Asset Management industry, placing it in the top 67.8%.
Is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Cyclically Adjusted PS Ratio too high?
NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's current Cyclically Adjusted PS Ratio of 11.44 is near median its 10-year median of 10.67. Over the past 10 years, this metric has ranged from a low of 3.56 to a high of 15.42. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.61. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's value of 11.44 is 50.3% above this industry median. Based on the distribution chart, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND ranks #613 out of 904 companies in the Asset Management industry, which is below the industry midpoint. Overall, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Cyclically Adjusted PS Ratio compare to TPVG and NHS?
According to the Asset Management industry distribution chart, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND ranks #613 out of 904 companies for Cyclically Adjusted PS Ratio. This places NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.61. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's value of 11.44 is 50.3% above this benchmark. Historically, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's own Cyclically Adjusted PS Ratio has ranged from 3.56 to 15.42 over the past decade. While the company's 10-year median is 10.67 vs. the industry median of 7.61, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND 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 Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.61, based on 904 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. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's current Cyclically Adjusted PS Ratio of 11.44 is 50.3% 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 NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's current Cyclically Adjusted PS Ratio is 11.44, which is near median its own 10-year median of 10.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND stock overvalued right now?
NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NRO) has a current Cyclically Adjusted PS Ratio of 11.44. The current Cyclically Adjusted PS Ratio is 11.44, which is near median its 10-year median of 10.67 and 50.3% above the Asset Management industry median of 7.61. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's overall GF Score™ is 26/100 with 6 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 NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NRO), the current Cyclically Adjusted PS Ratio is 11.44 as of Jul. 05, 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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Business Description

Address c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC is a closed-end management investment company that invests mainly in securities issued by real estate companies, including real estate investment trusts (REITs). Its primary objective is to gain high current income with capital appreciation being the second. Under normal market conditions, the Fund invests at least 90% of its total assets in income-producing common equity securities, preferred securities, convertible securities and non-convertible debt securities issued by real estate companies, including real estate investment trusts ("REITs").
26GF Score

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