Novra Technologies (TSXV:NVI) Cyclically Adjusted PS Ratio: 0.60 (As of Aug. 08, 2026) — 13% Above Median

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TSXV:NVI Novra Technologies Inc TSXV:NVI
40 GF Score
Price C$0.16
GF Value C$0.06
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Novra Technologies Cyclically Adjusted PS Ratio?

Novra Technologies TSXV:NVI 40 Cyclically Adjusted PS Ratio is 0.60 as of Aug. 08, 2026, which is 13% above its 10-year median of 0.53. GuruFocus rates TSXV:NVI with a GF Score™ of 40/100 and a GF Value™ of C$0.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,975 Hardware companies, Novra Technologies ranks better than 74.48% on this metric.

As of today (2026-08-08), Novra Technologies's current share price is C$0.155. Novra Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$0.26. Novra Technologies's Cyclically Adjusted PS Ratio for today is 0.60.

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

TSXV:NVI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.53   Max: 1.92
Current: 0.49

During the past years, Novra Technologies's highest Cyclically Adjusted PS Ratio was 1.92. The lowest was 0.14. And the median was 0.53.

TSXV:NVI's Cyclically Adjusted PS Ratio is ranked better than
74.48% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs TSXV:NVI: 0.49

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.

Novra Technologies's adjusted revenue per share data for the three months ended in Mar. 2026 was C$0.027. 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$0.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Novra Technologies  (TSXV:NVI) 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.


Novra Technologies Cyclically Adjusted PS Ratio Related Terms


Novra Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Novra Technologies'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.

Novra Technologies Cyclically Adjusted PS Ratio Chart

Novra Technologies 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 0.62 0.29 0.18 0.36 0.25

Novra Technologies 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 0.31 0.35 0.27 0.25 0.49

TSXV:NVI vs CSCO, MSI, HPE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Novra Technologies'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.


Novra Technologies Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TSXV:NVI
40GF Score
Novra Technologies Inc TSXV:NVI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Novra Technologies 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.

Novra Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.155/0.26
=0.60

* 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.

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

For example, Novra Technologies'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)
=0.027/132.2623*132.2623
=0.027

Current CPI (Mar. 2026) = 132.2623.

Novra Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.021 102.002 0.027
201609 0.040 101.765 0.052
201612 0.105 101.449 0.137
201703 0.083 102.634 0.107
201706 0.107 103.029 0.137
201709 0.062 103.345 0.079
201712 0.054 103.345 0.069
201803 0.062 105.004 0.078
201806 0.048 105.557 0.060
201809 0.107 105.636 0.134
201812 0.102 105.399 0.128
201903 0.075 106.979 0.093
201906 0.073 107.690 0.090
201909 0.090 107.611 0.111
201912 0.054 107.769 0.066
202003 0.031 107.927 0.038
202006 0.036 108.401 0.044
202009 0.033 108.164 0.040
202012 0.050 108.559 0.061
202103 0.112 110.298 0.134
202106 0.032 111.720 0.038
202109 0.027 112.905 0.032
202112 0.045 113.774 0.052
202203 0.028 117.646 0.031
202206 0.070 120.806 0.077
202209 0.064 120.648 0.070
202212 0.092 120.964 0.101
202303 0.033 122.702 0.036
202306 0.066 124.203 0.070
202309 0.037 125.230 0.039
202312 0.088 125.072 0.093
202403 0.021 126.258 0.022
202406 0.032 127.522 0.033
202409 0.021 127.285 0.022
202412 0.044 127.364 0.046
202503 0.042 129.181 0.043
202506 0.041 129.892 0.042
202509 0.036 130.287 0.037
202512 0.044 130.366 0.045
202603 0.027 132.262 0.027

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 0.60 mean?
Novra Technologies (TSXV:NVI) has a Cyclically Adjusted PS Ratio of 0.60 as of Aug. 08, 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 Novra Technologies and its competitors. This is 13% above median its historical median of 0.53. Over the past decade, Novra Technologies' Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.92. According to the industry distribution chart, Novra Technologies ranks #504 out of 1975 companies in the Hardware industry, placing it in the top 25.5%.
Is Novra Technologies' Cyclically Adjusted PS Ratio too high?
Novra Technologies' current Cyclically Adjusted PS Ratio of 0.60 is 13% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.92. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Novra Technologies' value of 0.60 is 55.2% below this industry median. Based on the distribution chart, Novra Technologies ranks #504 out of 1975 companies in the Hardware industry, which is above the industry midpoint. Overall, Novra Technologies has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Novra Technologies' Cyclically Adjusted PS Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Novra Technologies ranks #504 out of 1975 companies for Cyclically Adjusted PS Ratio. This puts Novra Technologies in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Novra Technologies' value of 0.60 is 55.2% below this benchmark. Historically, Novra Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.92 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.34, Novra Technologies 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,975 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. Novra Technologies's current Cyclically Adjusted PS Ratio of 0.60 is 55.2% 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 Novra Technologies and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novra Technologies's current Cyclically Adjusted PS Ratio is 0.60, which is 13% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novra Technologies stock overvalued right now?
Based on GuruFocus' analysis, Novra Technologies (TSXV:NVI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.06, compared to a current price of C$0.16 — trading 158.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.60, which is 13% above median its 10-year median of 0.53 and 55.2% below the Hardware industry median of 1.34. Novra Technologies' overall GF Score™ is 40/100 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 Novra Technologies (TSXV:NVI), the current Cyclically Adjusted PS Ratio is 0.60 as of Aug. 08, 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 Novra Technologies (TSXV:NVI) Overvalued in 2026?

Based on GuruFocus' analysis, Novra Technologies stock appears to be overvalued. The current stock price of C$0.16 is trading 158.3% above its estimated GF Value™ of C$0.06. GuruFocus considers Novra Technologies to be Significantly Overvalued.

Key valuation signals for TSXV:NVI:

  • Cyclically Adjusted PS Ratio: 0.60 (13% above median its 10-year median of 0.53)
  • GF Value™: C$0.06 vs. price of C$0.16 (158.3% above fair value)
  • GF Score™: 40/100 with 3 warning signs
  • Industry Position: 55.2% below the Hardware median (#504 of 1975)

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


Novra Technologies Business Description

Other Exchanges NVRVF:USA
Address 100 Innovation Drive, Suite 210, Winnipeg, MB, CAN, R3T 6G2
Novra Technologies Inc is engaged in the satellite data distribution business. It offers a comprehensive product portfolio including hardware, software, and services. In addition to its core video, radio, and data products, areas of expertise and added value include encryption and cybersecurity, next-generation hybrid networks (satellite/terrestrial/cloud), and efficient bandwidth utilization. The company is spread across the United States, which is the key revenue driver, Canada, EMEA, and APAC.
40GF Score

Get the complete analysis for TSXV:NVI

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

C$0.16
Price
C$0.06
GF Value