NTNX (Nutanix) Cyclically Adjusted PS Ratio: 6.83 (As of Aug. 03, 2026) — 16% Below Median

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NTNX Nutanix Inc NTNX
73 GF Score
Price $61.06
GF Value $68.48
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nutanix Cyclically Adjusted PS Ratio?

Nutanix NTNX +3.47% 73 Cyclically Adjusted PS Ratio is 6.83 as of Aug. 03, 2026, which is 16% below its 10-year median of 8.13. GuruFocus rates NTNX with a GF Score™ of 73/100 and a GF Value™ of $68.48 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,590 Software companies, Nutanix ranks worse than 85.16% on this metric.

As of today (2026-08-03), Nutanix's current share price is $61.06. Nutanix's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $8.94. Nutanix's Cyclically Adjusted PS Ratio for today is 6.83.

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

NTNX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.99   Med: 8.13   Max: 10.21
Current: 6.6

During the past years, Nutanix's highest Cyclically Adjusted PS Ratio was 10.21. The lowest was 3.99. And the median was 8.13.

NTNX's Cyclically Adjusted PS Ratio is ranked worse than
85.16% of 1590 companies
in the Software industry
Industry Median: 1.645 vs NTNX: 6.60

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.

Nutanix's adjusted revenue per share data for the three months ended in Apr. 2026 was $2.446. 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 $8.94 for the trailing ten years ended in Apr. 2026.

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 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 9.05

Nutanix Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 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 8.47 9.05 8.40 4.56 4.57

NTNX vs RBRK, DOCN, GEN: 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
73GF Score
Nutanix Inc NTNX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=61.06/8.94
=6.83

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=2.446/333.0200*333.0200
=2.446

Current CPI (Apr. 2026) = 333.0200.

Nutanix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 1.454 240.628 2.012
201610 2.535 241.729 3.492
201701 1.403 242.839 1.924
201704 1.428 244.524 1.945
201707 1.643 244.786 2.235
201710 1.758 246.663 2.373
201801 1.773 247.867 2.382
201804 1.735 250.546 2.306
201807 1.774 252.006 2.344
201810 1.786 252.885 2.352
201901 1.869 251.712 2.473
201904 1.572 255.548 2.049
201907 1.609 256.571 2.088
201910 1.660 257.346 2.148
202001 1.799 257.971 2.322
202004 1.621 256.389 2.105
202007 1.638 259.101 2.105
202010 1.540 260.388 1.970
202101 1.710 261.582 2.177
202104 1.659 267.054 2.069
202107 1.837 273.003 2.241
202110 1.756 276.589 2.114
202201 1.888 281.148 2.236
202204 1.814 289.109 2.090
202207 1.710 296.276 1.922
202210 1.897 298.012 2.120
202301 2.098 299.170 2.335
202304 1.911 303.363 2.098
202307 2.078 305.691 2.264
202310 2.116 307.671 2.290
202401 1.893 308.417 2.044
202404 2.134 313.548 2.267
202407 2.066 314.540 2.187
202410 2.046 315.664 2.158
202501 2.232 317.671 2.340
202504 2.153 320.795 2.235
202507 2.196 323.048 2.264
202510 2.262 0.000
202601 2.476 325.252 2.535
202604 2.446 333.020 2.446

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 6.83 mean?
Nutanix (NTNX) has a Cyclically Adjusted PS Ratio of 6.83 as of Aug. 03, 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 Nutanix and its competitors. This is 16% below median its historical median of 8.13. Over the past decade, Nutanix's Cyclically Adjusted PS Ratio has ranged from 3.99 to 10.21. According to the industry distribution chart, Nutanix ranks #1354 out of 1590 companies in the Software industry, placing it in the top 85.2%.
Is Nutanix's Cyclically Adjusted PS Ratio too high?
Nutanix's current Cyclically Adjusted PS Ratio of 6.83 is 16% below median its 10-year median of 8.13. Over the past 10 years, this metric has ranged from a low of 3.99 to a high of 10.21. The Software industry median Cyclically Adjusted PS Ratio is 1.65. Nutanix's value of 6.83 is 315.2% above this industry median. Based on the distribution chart, Nutanix ranks #1354 out of 1590 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Nutanix has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nutanix's Cyclically Adjusted PS Ratio compare to RBRK and DOCN?
According to the Software industry distribution chart, Nutanix ranks #1354 out of 1590 companies for Cyclically Adjusted PS Ratio. This places Nutanix in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.65. Nutanix's value of 6.83 is 315.2% above this benchmark. Historically, Nutanix's own Cyclically Adjusted PS Ratio has ranged from 3.99 to 10.21 over the past decade. While the company's 10-year median is 8.13 vs. the industry median of 1.65, Nutanix 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 a Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.65, based on 1,590 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. Nutanix's current Cyclically Adjusted PS Ratio of 6.83 is 315.2% 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 Nutanix and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nutanix's current Cyclically Adjusted PS Ratio is 6.83, which is 16% below median its own 10-year median of 8.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nutanix stock overvalued right now?
Based on GuruFocus' analysis, Nutanix (NTNX) is currently considered Modestly Undervalued. The stock's GF Value™ is $68.48, compared to a current price of $61.06 — trading 10.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.83, which is 16% below median its 10-year median of 8.13 and 315.2% above the Software industry median of 1.65. Nutanix's overall GF Score™ is 73/100 with 3 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 Nutanix (NTNX), the current Cyclically Adjusted PS Ratio is 6.83 as of Aug. 03, 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.

Is Nutanix (NTNX) Overvalued in 2026?

Based on GuruFocus' analysis, Nutanix stock appears to be undervalued. The current stock price of $61.06 is trading 10.8% below its estimated GF Value™ of $68.48. GuruFocus considers Nutanix to be Modestly Undervalued.

Key valuation signals for NTNX:

  • Cyclically Adjusted PS Ratio: 6.83 (16% below median its 10-year median of 8.13)
  • GF Value™: $68.48 vs. price of $61.06 (10.8% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 315.2% above the Software median (#1354 of 1590)

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.
73GF 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.

$61.06
Price
$68.48
GF Value