Nordic Semiconductor ASA (OSL:NOD) Cyclically Adjusted PS Ratio: 5.86 (As of Jul. 26, 2026) — Near Median

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OSL:NOD Nordic Semiconductor ASA OSL:NOD
88 GF Score
Price kr158.40
GF Value kr148.63
Valuation Fairly Valued
! 5 Warning Signs
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What is Nordic Semiconductor ASA Cyclically Adjusted PS Ratio?

Nordic Semiconductor ASA OSL:NOD -3.41% 88 Cyclically Adjusted PS Ratio is 5.86 as of Jul. 26, 2026, which is 8% below its 10-year median of 6.39. GuruFocus rates OSL:NOD with a GF Score™ of 88/100 and a GF Value™ of kr148.63 (Fairly Valued). The stock has 5 warning signs investors should review. Among 733 Semiconductors companies, Nordic Semiconductor ASA ranks worse than 67.53% on this metric.

As of today (2026-07-26), Nordic Semiconductor ASA's current share price is kr158.40. Nordic Semiconductor ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr27.05. Nordic Semiconductor ASA's Cyclically Adjusted PS Ratio for today is 5.86.

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

OSL:NOD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.67   Med: 6.39   Max: 26.57
Current: 5.86

During the past years, Nordic Semiconductor ASA's highest Cyclically Adjusted PS Ratio was 26.57. The lowest was 3.67. And the median was 6.39.

OSL:NOD's Cyclically Adjusted PS Ratio is ranked worse than
67.53% of 733 companies
in the Semiconductors industry
Industry Median: 2.93 vs OSL:NOD: 5.86

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.

Nordic Semiconductor ASA's adjusted revenue per share data for the three months ended in Mar. 2026 was kr9.283. 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 kr27.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordic Semiconductor ASA  (OSL:NOD) 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.


Nordic Semiconductor ASA Cyclically Adjusted PS Ratio Related Terms


Nordic Semiconductor ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nordic Semiconductor ASA'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.

Nordic Semiconductor ASA Cyclically Adjusted PS Ratio Chart

Nordic Semiconductor ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.28 9.36 6.07 4.34 5.12

Nordic Semiconductor ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.28 5.48 6.01 5.12 5.66

OSL:NOD vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Nordic Semiconductor ASA'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.


Nordic Semiconductor ASA Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Nordic Semiconductor ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


OSL:NOD
88GF Score
Nordic Semiconductor ASA OSL:NOD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic Semiconductor ASA 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.

Nordic Semiconductor ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=158.40/27.05
=5.86

* 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.

Nordic Semiconductor ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nordic Semiconductor ASA's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=9.283/141.0300*141.0300
=9.283

Current CPI (Mar. 2026) = 141.0300.

Nordic Semiconductor ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.689 103.800 3.653
201609 2.638 104.200 3.570
201612 2.728 104.400 3.685
201703 2.489 105.000 3.343
201706 3.067 105.800 4.088
201709 3.177 105.900 4.231
201712 3.298 106.100 4.384
201803 2.879 107.300 3.784
201806 3.222 108.500 4.188
201809 3.634 109.500 4.680
201812 2.666 109.800 3.424
201903 2.582 110.400 3.298
201906 3.471 110.600 4.426
201909 4.216 111.100 5.352
201912 4.181 111.300 5.298
202003 4.049 111.200 5.135
202006 4.754 112.100 5.981
202009 5.914 112.900 7.388
202012 4.657 112.900 5.817
202103 6.294 114.600 7.746
202106 6.417 115.300 7.849
202109 6.669 117.500 8.005
202112 7.977 118.900 9.462
202203 8.389 119.800 9.876
202206 10.126 122.600 11.648
202209 10.799 125.600 12.126
202212 9.810 125.900 10.989
202303 7.945 127.600 8.781
202306 8.632 130.400 9.336
202309 7.473 129.800 8.120
202312 5.885 131.900 6.292
202403 4.080 132.600 4.339
202406 6.971 133.800 7.348
202409 8.643 133.700 9.117
202412 8.637 134.800 9.036
202503 8.532 136.100 8.841
202506 8.535 137.800 8.735
202509 9.054 138.500 9.219
202512 8.495 139.100 8.613
202603 9.283 141.030 9.283

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 5.86 mean?
Nordic Semiconductor ASA (OSL:NOD) has a Cyclically Adjusted PS Ratio of 5.86 as of Jul. 26, 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 Nordic Semiconductor ASA and its competitors. This is near median its historical median of 6.39. Over the past decade, Nordic Semiconductor ASA's Cyclically Adjusted PS Ratio has ranged from 3.67 to 26.57. According to the industry distribution chart, Nordic Semiconductor ASA ranks #495 out of 733 companies in the Semiconductors industry, placing it in the top 67.5%.
Is Nordic Semiconductor ASA's Cyclically Adjusted PS Ratio too high?
Nordic Semiconductor ASA's current Cyclically Adjusted PS Ratio of 5.86 is near median its 10-year median of 6.39. Over the past 10 years, this metric has ranged from a low of 3.67 to a high of 26.57. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.93. Nordic Semiconductor ASA's value of 5.86 is 100% above this industry median. Based on the distribution chart, Nordic Semiconductor ASA ranks #495 out of 733 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Nordic Semiconductor ASA has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nordic Semiconductor ASA's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Nordic Semiconductor ASA ranks #495 out of 733 companies for Cyclically Adjusted PS Ratio. This places Nordic Semiconductor ASA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.93. Nordic Semiconductor ASA's value of 5.86 is 100% above this benchmark. Historically, Nordic Semiconductor ASA's own Cyclically Adjusted PS Ratio has ranged from 3.67 to 26.57 over the past decade. While the company's 10-year median is 6.39 vs. the industry median of 2.93, Nordic Semiconductor ASA 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 2.93, based on 733 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. Nordic Semiconductor ASA's current Cyclically Adjusted PS Ratio of 5.86 is 100% 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 Nordic Semiconductor ASA and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Semiconductor ASA's current Cyclically Adjusted PS Ratio is 5.86, which is near median its own 10-year median of 6.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Semiconductor ASA stock overvalued right now?
Based on GuruFocus' analysis, Nordic Semiconductor ASA (OSL:NOD) is currently considered Fairly Valued. The stock's GF Value™ is kr148.63, compared to a current price of kr158.40 — trading 6.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.86, which is near median its 10-year median of 6.39 and 100% above the Semiconductors industry median of 2.93. Nordic Semiconductor ASA's overall GF Score™ is 88/100 with 5 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 Nordic Semiconductor ASA (OSL:NOD), the current Cyclically Adjusted PS Ratio is 5.86 as of Jul. 26, 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 Nordic Semiconductor ASA (OSL:NOD) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Semiconductor ASA stock appears to be overvalued. The current stock price of kr158.40 is trading 6.6% above its estimated GF Value™ of kr148.63. GuruFocus considers Nordic Semiconductor ASA to be Fairly Valued.

Key valuation signals for OSL:NOD:

  • Cyclically Adjusted PS Ratio: 5.86 (near median its 10-year median of 6.39)
  • GF Value™: kr148.63 vs. price of kr158.40 (6.6% above fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 100% above the Semiconductors median (#495 of 733)

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


Nordic Semiconductor ASA Business Description

Address Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor designs Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, Thread protocol and long-range connectivity.
88GF Score

Get the complete analysis for OSL:NOD

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

kr158.40
Price
kr148.63
GF Value