NIS AD (XBEL:NIIS) Cyclically Adjusted PS Ratio: 0.23 (As of Sep. 06, 2026) — Near Median

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XBEL:NIIS NIS AD XBEL:NIIS
18 GF Score
Price RSD705.00
GF Value RSD705.03
! 3 Warning Signs
View Full Analysis

What is NIS AD Cyclically Adjusted PS Ratio?

NIS AD XBEL:NIIS 18 Cyclically Adjusted PS Ratio is 0.23 as of Sep. 06, 2026, which is 5% above its 10-year median of 0.22. GuruFocus rates XBEL:NIIS with a GF Score™ of 18/100 and a GF Value™ of RSD705.03. The stock has 3 warning signs investors should review.

As of today (2026-09-06), NIS AD's current share price is RSD705.00. NIS AD's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was RSD3,001.89. NIS AD's Cyclically Adjusted PS Ratio for today is 0.23.

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

XBEL:NIIS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.22   Max: 0.25
Current: 0.23

During the past years, NIS AD's highest Cyclically Adjusted PS Ratio was 0.25. The lowest was 0.15. And the median was 0.22.

XBEL:NIIS's Cyclically Adjusted PS Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.08 vs XBEL:NIIS: 0.23

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.

NIS AD's adjusted revenue per share data for the three months ended in Jun. 2026 was RSD647.528. 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 RSD3,001.89 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NIS AD  (XBEL:NIIS) 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.


NIS AD Cyclically Adjusted PS Ratio Related Terms


NIS AD Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NIS AD'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.

NIS AD Cyclically Adjusted PS Ratio Chart

NIS AD 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 0.19 0.19 0.24 0.24 0.24

NIS AD Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 Premium Member Only Premium Member Only Premium Member Only 0.22 0.22 0.24 0.24 0.23

XBEL:NIIS vs PSX, MPC, VLO: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, NIS AD'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.


NIS AD Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NIS AD's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XBEL:NIIS
18GF Score
NIS AD XBEL:NIIS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIS AD 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.

NIS AD's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=705.00/3001.89
=0.23

* 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.

NIS AD's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=647.528/333.9520*333.9520
=647.528

Current CPI (Jun. 2026) = 333.9520.

NIS AD Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 242.192 241.428 335.009
201612 2,787.556 241.432 3,855.785
201703 285.196 243.801 390.654
201706 317.422 244.955 432.748
201709 332.860 246.819 450.368
201712 3,377.477 246.524 4,575.275
201803 300.771 249.554 402.490
201806 389.415 251.989 516.078
201809 498.032 252.439 658.847
201812 532.190 251.233 707.415
201903 311.880 254.202 409.725
201906 392.248 256.143 511.402
201909 482.951 256.759 628.147
201912 462.611 256.974 601.189
202003 322.497 258.115 417.250
202006 204.764 257.797 265.253
202009 302.929 260.280 388.673
202012 295.084 260.474 378.325
202103 295.572 264.877 372.652
202106 414.298 271.696 509.230
202109 518.439 274.310 631.161
202112 579.414 278.802 694.028
202203 601.442 287.504 698.609
202206 872.635 296.311 983.488
202209 862.104 296.808 969.992
202212 811.515 296.797 913.106
202303 588.191 301.836 650.776
202306 558.187 305.109 610.954
202309 719.190 307.789 780.323
202312 662.944 306.746 721.742
202403 530.011 312.332 566.699
202406 687.185 314.175 730.443
202409 651.588 315.301 690.131
202412 634.686 315.605 671.582
202503 443.576 319.799 463.207
202506 451.004 322.561 466.931
202509 514.532 324.800 529.030
202512 370.775 324.054 382.100
202603 405.960 330.213 410.557
202606 647.528 333.952 647.528

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 0.23 mean?
NIS AD (XBEL:NIIS) has a Cyclically Adjusted PS Ratio of 0.23 as of Sep. 06, 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 NIS AD and its competitors. This is near median its historical median of 0.22. Over the past decade, NIS AD's Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.25.
Is NIS AD's Cyclically Adjusted PS Ratio too high?
NIS AD's current Cyclically Adjusted PS Ratio of 0.23 is near median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.25. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.08. NIS AD's value of 0.23 is 78.7% below this industry median. Overall, NIS AD has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does NIS AD's Cyclically Adjusted PS Ratio compare to PSX and MPC?
NIS AD's Cyclically Adjusted PS Ratio of 0.23 can be compared against companies in the Oil & Gas industry. The industry median Cyclically Adjusted PS Ratio is 1.08. NIS AD's value of 0.23 is 78.7% below this benchmark. Historically, NIS AD's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.25 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 1.08, NIS AD 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 an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.08, based on 707 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. NIS AD's current Cyclically Adjusted PS Ratio of 0.23 is 78.7% 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 NIS AD and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIS AD's current Cyclically Adjusted PS Ratio is 0.23, which is near median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIS AD stock overvalued right now?
NIS AD (XBEL:NIIS) has a current Cyclically Adjusted PS Ratio of 0.23. The stock's GF Value™ is RSD705.03, compared to a current price of RSD705.00 — trading 0% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.23, which is near median its 10-year median of 0.22 and 78.7% below the Oil & Gas industry median of 1.08. NIS AD's overall GF Score™ is 18/100 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 NIS AD (XBEL:NIIS), the current Cyclically Adjusted PS Ratio is 0.23 as of Sep. 06, 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 NIS AD (XBEL:NIIS) Overvalued in 2026?

Based on GuruFocus' analysis, NIS AD stock appears to be undervalued. The current stock price of RSD705.00 is trading 0% below its estimated GF Value™ of RSD705.03.

Key valuation signals for XBEL:NIIS:

  • Cyclically Adjusted PS Ratio: 0.23 (near median its 10-year median of 0.22)
  • GF Value™: RSD705.03 vs. price of RSD705.00 (0% below fair value)
  • GF Score™: 18/100 with 3 warning signs
  • Industry Position: 78.7% below the Oil & Gas median

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


NIS AD Business Description

Industry EnergyOil & Gas
Address Narodnog Fronta 12, Novi Sad, SRB, 21000
NIS AD is vertically-integrated energy company operating in Serbia. It engages in the exploration, production, and development of crude oil and gas as well as the production of refined petroleum products, petroleum products and gas trading and electric generation and trading. NIS operates through two segments namely Upstream and Downstream. The Upstream segment includes exploration, development, and production of crude oil and natural gas and oil field services whereas the Downstream segment includes refining and marketing, processing of crude oil into refined products and purchases, sale and transport of crude and refined petroleum products. The company's products are compressed natural gas, motor fuels, energy fuels, oils and lubricants, petrochemical products, and other products.
18GF Score

Get the complete analysis for XBEL:NIIS

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

RSD705.00
Price
RSD705.03
GF Value