The North West Co (TSX:NWC) Cyclically Adjusted PS Ratio: 0.95 (As of Jul. 25, 2026) — 14% Above Median

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TSX:NWC The North West Co Inc TSX:NWC
86 GF Score
Price C$50.66
GF Value C$47.74
Valuation Fairly Valued
! 5 Warning Signs
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What is The North West Co Cyclically Adjusted PS Ratio?

The North West Co TSX:NWC +1.00% 86 Cyclically Adjusted PS Ratio is 0.95 as of Jul. 25, 2026, which is 14% above its 10-year median of 0.83. GuruFocus rates TSX:NWC with a GF Score™ of 86/100 and a GF Value™ of C$47.74 (Fairly Valued). The stock has 5 warning signs investors should review. Among 239 Retail - Defensive companies, The North West Co ranks worse than 74.06% on this metric.

As of today (2026-07-25), The North West Co's current share price is C$50.66. The North West Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was C$53.51. The North West Co's Cyclically Adjusted PS Ratio for today is 0.95.

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

TSX:NWC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.83   Max: 1.11
Current: 0.97

During the past years, The North West Co's highest Cyclically Adjusted PS Ratio was 1.11. The lowest was 0.49. And the median was 0.83.

TSX:NWC's Cyclically Adjusted PS Ratio is ranked worse than
74.06% of 239 companies
in the Retail - Defensive industry
Industry Median: 0.44 vs TSX:NWC: 0.97

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.

The North West Co's adjusted revenue per share data for the three months ended in Apr. 2026 was C$12.990. 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 C$53.51 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The North West Co  (TSX:NWC) 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.


The North West Co Cyclically Adjusted PS Ratio Related Terms


The North West Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for The North West Co'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.

The North West Co Cyclically Adjusted PS Ratio Chart

The North West Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.78 0.80 0.92 0.93

The North West Co 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 1.07 0.91 0.87 0.93 0.95

TSX:NWC vs KR, SFM, ACI: Cyclically Adjusted PS Ratio Comparison

For the Grocery Stores subindustry, The North West Co'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.


The North West Co Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The North West Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSX:NWC
86GF Score
The North West Co Inc TSX:NWC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The North West Co 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.

The North West Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.66/53.51
=0.95

* 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.

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

For example, The North West Co'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)
=12.99/132.7364*132.7364
=12.990

Current CPI (Apr. 2026) = 132.7364.

The North West Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 9.403 101.844 12.255
201610 9.457 102.002 12.307
201701 9.812 102.318 12.729
201704 9.884 103.029 12.734
201707 10.462 103.029 13.479
201710 9.915 103.424 12.725
201801 10.024 104.056 12.787
201804 9.471 105.320 11.936
201807 10.252 106.110 12.825
201810 10.400 105.952 13.029
201901 10.850 105.557 13.644
201904 10.047 107.453 12.411
201907 10.708 108.243 13.131
201910 10.514 107.927 12.931
202001 11.184 108.085 13.735
202004 12.003 107.216 14.860
202007 13.130 108.401 16.078
202010 11.207 108.638 13.693
202101 11.266 109.192 13.695
202104 11.164 110.851 13.368
202107 11.495 112.431 13.571
202110 11.313 113.695 13.208
202201 11.887 114.801 13.744
202204 11.411 118.357 12.797
202207 11.883 120.964 13.039
202210 12.188 121.517 13.313
202301 12.933 121.596 14.118
202304 12.236 123.571 13.144
202307 12.743 124.914 13.541
202310 12.757 125.310 13.513
202401 13.276 125.072 14.090
202404 12.749 126.890 13.336
202407 13.343 128.075 13.829
202410 13.123 127.838 13.626
202501 13.858 127.443 14.434
202504 13.153 129.102 13.523
202507 13.262 130.290 13.511
202510 13.027 130.603 13.240
202601 13.931 130.366 14.184
202604 12.990 132.736 12.990

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 0.95 mean?
The North West Co (TSX:NWC) has a Cyclically Adjusted PS Ratio of 0.95 as of Jul. 25, 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 The North West Co and its competitors. This is 14% above median its historical median of 0.83. Over the past decade, The North West Co's Cyclically Adjusted PS Ratio has ranged from 0.49 to 1.11. According to the industry distribution chart, The North West Co ranks #177 out of 239 companies in the Retail - Defensive industry, placing it in the top 74.1%.
Is The North West Co's Cyclically Adjusted PS Ratio too high?
The North West Co's current Cyclically Adjusted PS Ratio of 0.95 is 14% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.11. The Retail - Defensive industry median Cyclically Adjusted PS Ratio is 0.44. The North West Co's value of 0.95 is 115.9% above this industry median. Based on the distribution chart, The North West Co ranks #177 out of 239 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, The North West Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The North West Co's Cyclically Adjusted PS Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, The North West Co ranks #177 out of 239 companies for Cyclically Adjusted PS Ratio. This places The North West Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.44. The North West Co's value of 0.95 is 115.9% above this benchmark. Historically, The North West Co's own Cyclically Adjusted PS Ratio has ranged from 0.49 to 1.11 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.44, The North West Co 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 Retail - Defensive company?
The median Cyclically Adjusted PS Ratio among Retail - Defensive companies is 0.44, based on 239 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. The North West Co's current Cyclically Adjusted PS Ratio of 0.95 is 115.9% 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 The North West Co and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PS Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The North West Co's current Cyclically Adjusted PS Ratio is 0.95, which is 14% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The North West Co stock overvalued right now?
Based on GuruFocus' analysis, The North West Co (TSX:NWC) is currently considered Fairly Valued. The stock's GF Value™ is C$47.74, compared to a current price of C$50.66 — trading 6.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.95, which is 14% above median its 10-year median of 0.83 and 115.9% above the Retail - Defensive industry median of 0.44. The North West Co's overall GF Score™ is 86/100 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 The North West Co (TSX:NWC), the current Cyclically Adjusted PS Ratio is 0.95 as of Jul. 25, 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 The North West Co (TSX:NWC) Overvalued in 2026?

Based on GuruFocus' analysis, The North West Co stock appears to be overvalued. The current stock price of C$50.66 is trading 6.1% above its estimated GF Value™ of C$47.74. GuruFocus considers The North West Co to be Fairly Valued.

Key valuation signals for TSX:NWC:

  • Cyclically Adjusted PS Ratio: 0.95 (14% above median its 10-year median of 0.83)
  • GF Value™: C$47.74 vs. price of C$50.66 (6.1% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 115.9% above the Retail - Defensive median (#177 of 239)

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


The North West Co Business Description

Other Exchanges NNWWF:USA3NW:Germany
Address 77 Main Street, Gibraltar House, Winnipeg, MB, CAN, R3C 2R1
The North West Co Inc is a retailer to rural and remote communities and underserved urban neighbourhood markets in Northern Canada, Western Canada, rural Alaska, the South Pacific islands, and the Caribbean. The Company offers a broad Multiple products and services with an emphasis on food, focusing on everyday household and local lifestyle needs. It operates as a retailer of food and everyday products and services through two geographical segments: Canadian and International. The Canadian segment generates maximum revenue and consists of subsidiaries operating retail stores and complementary businesses serving northern Canada, while the International segment consists of subsidiaries operating in the continental United States, the Caribbean, and the South Pacific.
86GF Score

Get the complete analysis for TSX:NWC

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

C$50.66
Price
C$47.74
GF Value