Nexi SpA (WBO:NEXI) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBO:NEXI Nexi SpA WBO:NEXI
73 GF Score
Price €4.17
GF Value €4.88
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Nexi SpA Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nexi SpA  (WBO:NEXI) 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.


Nexi SpA Cyclically Adjusted PS Ratio Related Terms


Nexi SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nexi SpA'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.

Nexi SpA Cyclically Adjusted PS Ratio Chart

Nexi SpA 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 - - - - 0.97

Nexi SpA Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 - - - 0.97 0.79

WBO:NEXI vs MSFT, PLTR, ORCL: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Nexi SpA'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.


Nexi SpA Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Nexi SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WBO:NEXI
73GF Score
Nexi SpA WBO:NEXI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nexi SpA 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.

Nexi SpA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Nexi SpA's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=5.224/122.6000*122.6000
=5.224

Current CPI (Dec25) = 122.6000.

Nexi SpA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 5.057 100.300 6.181
201712 5.822 101.200 7.053
201812 1.571 102.300 1.883
201912 2.693 102.800 3.212
202012 2.577 102.600 3.079
202112 3.364 106.600 3.869
202212 3.869 119.000 3.986
202312 4.506 119.700 4.615
202412 4.501 121.200 4.553
202512 5.224 122.600 5.224

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.

Is Nexi SpA (WBO:NEXI) Overvalued in 2026?

Based on GuruFocus' analysis, Nexi SpA stock appears to be undervalued. The current stock price of €4.17 is trading 14.6% below its estimated GF Value™ of €4.88. GuruFocus considers Nexi SpA to be Modestly Undervalued.

Key valuation signals for WBO:NEXI:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €4.88 vs. price of €4.17 (14.6% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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


Nexi SpA Business Description

Address Corso Sempione 55, Milan, ITA, 20149
Nexi is a payment services provider offering merchant acquiring, card issuing, and digital banking services across Europe. Nexi's services cover the entire payment chain excluding the card scheme. It offers its acquiring and issuing services either in partnerships with banks, providing point-of-sale terminals, processing, or issuing services on their behalf or directly to merchants.
73GF Score

Get the complete analysis for WBO:NEXI

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

€4.17
Price
€4.88
GF Value