Nigerian Exchange Group (NSA:NGXGROUP) Cyclically Adjusted PS Ratio: (As of Sep. 05, 2026)

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.
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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.

NSA:NGXGROUP Nigerian Exchange Group PLC NSA:NGXGROUP
3 GF Score
Price ₦130.00
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What is Nigerian Exchange Group Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Nigerian Exchange Group does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation

Nigerian Exchange Group  (NSA:NGXGROUP) 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.

Nigerian Exchange Group Cyclically Adjusted PS Ratio Related Terms

Nigerian Exchange Group Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Nigerian Exchange Group'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.

Nigerian Exchange Group Cyclically Adjusted PS Ratio Chart

Nigerian Exchange Group Annual Data
Trend
Cyclically Adjusted PS Ratio

Nigerian Exchange Group Semi-Annual Data
Cyclically Adjusted PS Ratio

NSA:NGXGROUP vs : Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Nigerian Exchange Group'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.

Nigerian Exchange Group Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nigerian Exchange Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSA:NGXGROUP
3GF Score
Nigerian Exchange Group PLC NSA:NGXGROUP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nigerian Exchange Group 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.

Nigerian Exchange Group does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Nigerian Exchange Group Business Description

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Address 2-4 Customs Street Marina, Nigerian Exchange House, Lagos, NGA, 102273
Nigerian Exchange Group PLC is an integrated capital market infrastructure provider in Nigeria. It provides a wide range of services, including listing and trading securities, licensing, market data solutions, ancillary technology, regulation, real estate, and more. The group's reportable segments are: Capital Market and Post trade Services, Strategic Investment, and Property Management. The majority of its revenue is generated from the Capital Market and Post trade Services segment, which is engaged in regulating the activities of all stock broking firms in Nigeria while providing them with the facilities for the purchase and sale of bonds, stocks, and shares of any kind. This also includes the clearing and settlement of trades on the stock exchange.
3GF 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.

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