NTRP (NextTrip) Cyclically Adjusted PS Ratio: 0.13 (As of Jul. 24, 2026) — 85% Below Median

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NTRP NextTrip Inc NTRP
40 GF Score
Price $1.75
GF Value $2.82
Valuation Possible Value Trap
! 8 Warning Signs
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What is NextTrip Cyclically Adjusted PS Ratio?

NextTrip NTRP -2.23% 40 Cyclically Adjusted PS Ratio is 0.13 as of Jul. 24, 2026, which is 85% below its 10-year median of 0.85. GuruFocus rates NTRP with a GF Score™ of 40/100 and a GF Value™ of $2.82 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 670 Travel & Leisure companies, NextTrip ranks better than 94.93% on this metric.

As of today (2026-07-24), NextTrip's current share price is $1.75. NextTrip's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was $13.50. NextTrip's Cyclically Adjusted PS Ratio for today is 0.13.

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

NTRP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.85   Max: 17.07
Current: 0.13

During the past years, NextTrip's highest Cyclically Adjusted PS Ratio was 17.07. The lowest was 0.05. And the median was 0.85.

NTRP's Cyclically Adjusted PS Ratio is ranked better than
94.93% of 670 companies
in the Travel & Leisure industry
Industry Median: 1.28 vs NTRP: 0.13

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.

NextTrip's adjusted revenue per share data for the three months ended in May. 2026 was $0.101. 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 $13.50 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NextTrip  (NAS:NTRP) 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.


NextTrip Cyclically Adjusted PS Ratio Related Terms


NextTrip Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NextTrip'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.

NextTrip Cyclically Adjusted PS Ratio Chart

NextTrip Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.00 0.00 0.15 0.18

NextTrip Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.08 0.16 0.17 0.18 0.16

NTRP vs TOUR, AHMA, YTRA: Cyclically Adjusted PS Ratio Comparison

For the Travel Services subindustry, NextTrip'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.


NextTrip Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, NextTrip's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NTRP
40GF Score
NextTrip Inc NTRP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NextTrip 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.

NextTrip's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.75/13.50
=0.13

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.101/335.1230*335.1230
=0.101

Current CPI (May. 2026) = 335.1230.

NextTrip Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.875 241.018 8.169
201609 11.875 241.428 16.484
201612 20.250 241.432 28.108
201703 6.053 243.801 8.320
201706 12.652 244.955 17.309
201709 3.391 246.819 4.604
201712 6.870 246.524 9.339
201803 4.120 249.554 5.533
201806 3.536 251.989 4.703
201809 3.146 252.439 4.176
201812 1.318 251.233 1.758
201903 1.362 254.202 1.796
201906 0.630 256.143 0.824
201909 2.672 256.759 3.488
201912 1.900 256.974 2.478
202003 3.041 258.115 3.948
202006 1.031 257.797 1.340
202009 1.064 260.280 1.370
202012 0.567 260.474 0.729
202103 1.174 264.877 1.485
202106 0.274 271.696 0.338
202109 1.333 274.310 1.629
202112 0.665 278.802 0.799
202203 0.099 287.504 0.115
202206 0.451 296.311 0.510
202209 0.358 296.808 0.404
202212 0.293 296.797 0.331
202303 0.243 301.836 0.270
202306 0.180 305.109 0.198
202309 0.254 307.789 0.277
202402 0.000 310.326 0.000
202405 0.148 314.069 0.158
202408 0.113 314.796 0.120
202411 0.013 315.493 0.014
202502 0.014 319.082 0.015
202505 0.021 321.465 0.022
202508 0.096 323.976 0.099
202511 0.134 324.122 0.139
202602 0.132 326.785 0.135
202605 0.101 335.123 0.101

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 0.13 mean?
NextTrip (NTRP) has a Cyclically Adjusted PS Ratio of 0.13 as of Jul. 24, 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 NextTrip and its competitors. This is 85% below median its historical median of 0.85. Over the past decade, NextTrip's Cyclically Adjusted PS Ratio has ranged from 0.05 to 17.07. According to the industry distribution chart, NextTrip ranks #34 out of 670 companies in the Travel & Leisure industry, placing it in the top 5.1%.
Is NextTrip's Cyclically Adjusted PS Ratio too high?
NextTrip's current Cyclically Adjusted PS Ratio of 0.13 is 85% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 17.07. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.28. NextTrip's value of 0.13 is 89.8% below this industry median. Based on the distribution chart, NextTrip ranks #34 out of 670 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, NextTrip has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NextTrip's Cyclically Adjusted PS Ratio compare to TOUR and AHMA?
According to the Travel & Leisure industry distribution chart, NextTrip ranks #34 out of 670 companies for Cyclically Adjusted PS Ratio. This places NextTrip in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.28. NextTrip's value of 0.13 is 89.8% below this benchmark. Historically, NextTrip's own Cyclically Adjusted PS Ratio has ranged from 0.05 to 17.07 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.28, NextTrip has consistently been below 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.28, based on 670 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. NextTrip's current Cyclically Adjusted PS Ratio of 0.13 is 89.8% below 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 NextTrip and its competitors. For the Travel & Leisure 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. NextTrip's current Cyclically Adjusted PS Ratio is 0.13, which is 85% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextTrip stock overvalued right now?
Based on GuruFocus' analysis, NextTrip (NTRP) is currently considered Possible Value Trap. The stock's GF Value™ is $2.82, compared to a current price of $1.75 — trading 37.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.13, which is 85% below median its 10-year median of 0.85 and 89.8% below the Travel & Leisure industry median of 1.28. NextTrip's overall GF Score™ is 40/100 with 8 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 NextTrip (NTRP), the current Cyclically Adjusted PS Ratio is 0.13 as of Jul. 24, 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 NextTrip (NTRP) Overvalued in 2026?

Based on GuruFocus' analysis, NextTrip stock appears to be undervalued. The current stock price of $1.75 is trading 37.9% below its estimated GF Value™ of $2.82. GuruFocus considers NextTrip to be Possible Value Trap.

Key valuation signals for NTRP:

  • Cyclically Adjusted PS Ratio: 0.13 (85% below median its 10-year median of 0.85)
  • GF Value™: $2.82 vs. price of $1.75 (37.9% below fair value)
  • GF Score™: 40/100 with 8 warning signs
  • Industry Position: 89.8% below the Travel & Leisure median (#34 of 670)

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


NextTrip Business Description

Address 3900 Paseo del Sol, Santa Fe, NM, USA, 87507
NextTrip Inc is a technology-forward travel and media company operating at the intersection of premium content and travel commerce. It believe the travel industry is undergoing a structural shift toward video-led discovery, personalized planning, and seamless booking experiences, where consumers increasingly move from inspiration to transaction within connected digital environments. It operate and report its business in two segments: Travel segment encompasses its travel booking and commerce operations; and Media segment encompasses its content creation, audience development, media distribution, and advertising monetization operations. The company generates majority of revenue from Travel segment.
40GF 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.

$1.75
Price
$2.82
GF Value