NTNX (Nutanix) Cyclically Adjusted PS Ratio: (As of Sep. 20, 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.

NTNX Nutanix Inc NTNX
76 GF Score
Price $69.80
GF Value $70.44
Valuation Fairly Valued
! 5 Warning Signs
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What is Nutanix Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nutanix  (NAS:NTNX) 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.


Nutanix Cyclically Adjusted PS Ratio Related Terms


Nutanix Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nutanix'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.

Nutanix Cyclically Adjusted PS Ratio Chart

Nutanix Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25 Jul26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.81 4.78 6.96 9.30 6.64

Nutanix Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 9.15 8.48 4.60 4.60 6.53

NTNX vs GEN, RBRK, TOST: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Nutanix'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.


Nutanix Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Nutanix's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NTNX
76GF Score
Nutanix Inc NTNX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nutanix 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=2.586/333.9180*333.9180
=2.586

Current CPI (Jul. 2026) = 333.9180.

Nutanix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 2.535 241.729 3.502
201701 1.403 242.839 1.929
201704 1.428 244.524 1.950
201707 1.633 244.786 2.228
201710 1.758 246.663 2.380
201801 1.773 247.867 2.389
201804 1.735 250.546 2.312
201807 1.774 252.006 2.351
201810 1.786 252.885 2.358
201901 1.869 251.712 2.479
201904 1.572 255.548 2.054
201907 1.609 256.571 2.094
201910 1.660 257.346 2.154
202001 1.799 257.971 2.329
202004 1.621 256.389 2.111
202007 1.638 259.101 2.111
202010 1.540 260.388 1.975
202101 1.710 261.582 2.183
202104 1.659 267.054 2.074
202107 1.838 273.003 2.248
202110 1.756 276.589 2.120
202201 1.888 281.148 2.242
202204 1.814 289.109 2.095
202207 1.710 296.276 1.927
202210 1.897 298.012 2.126
202301 2.098 299.170 2.342
202304 1.911 303.363 2.103
202307 2.078 305.691 2.270
202310 2.116 307.671 2.297
202401 1.893 308.417 2.050
202404 2.134 313.548 2.273
202407 2.210 314.540 2.346
202410 2.046 315.664 2.164
202501 2.232 317.671 2.346
202504 2.153 320.795 2.241
202507 2.196 323.048 2.270
202510 2.262 0.000
202601 2.476 325.252 2.542
202604 2.446 333.020 2.453
202607 2.586 333.918 2.586

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.

Is Nutanix (NTNX) Overvalued in 2026?

Based on GuruFocus' analysis, Nutanix stock appears to be undervalued. The current stock price of $69.80 is trading 0.9% below its estimated GF Value™ of $70.44. GuruFocus considers Nutanix to be Fairly Valued.

Key valuation signals for NTNX:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $70.44 vs. price of $69.80 (0.9% below fair value)
  • GF Score™: 76/100 with 5 warning signs

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


Nutanix Business Description

Address 1740 Technology Drive, Suite 150, San Jose, CA, USA, 95110
Nutanix Inc is engaged in cloud software, offering organizations a single platform for running applications and managing data anywhere. Its Nutanix Cloud Platform is designed to enable organizations to build a hybrid multicloud infrastructure, providing a consistent cloud operating model with a single platform for running applications and managing data in core data centers, at the edge, and in public clouds, all while supporting a variety of hypervisors and container platforms. The company operates a single operating and reportable segment based on a subscription business model. It conducts business in the United States, Europe, the Middle East and Africa, Asia Pacific, and other Americas, with key revenue generated from the United States.
76GF Score

Get the complete analysis for NTNX

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

$69.80
Price
$70.44
GF Value