Neco Insurance Co (XNEP:NIL) Cyclically Adjusted PS Ratio: 6.28 (As of Aug. 06, 2026) — 16% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

XNEP:NIL Neco Insurance Co Ltd XNEP:NIL
98 GF Score
Price NPR617.10
GF Value NPR735.70
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Neco Insurance Co Cyclically Adjusted PS Ratio?

Neco Insurance Co XNEP:NIL -0.39% 98 Cyclically Adjusted PS Ratio is 6.28 as of Aug. 06, 2026, which is 16% below its 10-year median of 7.49. GuruFocus rates XNEP:NIL with a GF Score™ of 98/100 and a GF Value™ of NPR735.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 411 Insurance companies, Neco Insurance Co ranks worse than 96.11% on this metric.

As of today (2026-08-06), Neco Insurance Co's current share price is NPR617.10. Neco Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was NPR98.23. Neco Insurance Co's Cyclically Adjusted PS Ratio for today is 6.28.

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

XNEP:NIL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.54   Med: 7.49   Max: 9.01
Current: 6.41

During the past years, Neco Insurance Co's highest Cyclically Adjusted PS Ratio was 9.01. The lowest was 5.54. And the median was 7.49.

XNEP:NIL's Cyclically Adjusted PS Ratio is ranked worse than
96.11% of 411 companies
in the Insurance industry
Industry Median: 1.23 vs XNEP:NIL: 6.41

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.

Neco Insurance Co's adjusted revenue per share data for the three months ended in Apr. 2026 was NPR32.512. 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 NPR98.23 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Neco Insurance Co  (XNEP:NIL) 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.


Neco Insurance Co Cyclically Adjusted PS Ratio Related Terms


Neco Insurance Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Neco Insurance 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.

Neco Insurance Co Cyclically Adjusted PS Ratio Chart

Neco Insurance Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 6.92 8.54 8.26 7.81

Neco Insurance 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 7.40 7.81 6.17 6.63 6.23

XNEP:NIL vs BRK.A, AIG, HIG: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Diversified subindustry, Neco Insurance 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.


Neco Insurance Co Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Neco Insurance Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XNEP:NIL
98GF Score
Neco Insurance Co Ltd XNEP:NIL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neco Insurance 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.

Neco Insurance Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=617.10/98.23
=6.28

* 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.

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

For example, Neco Insurance 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)
=32.512/333.0200*333.0200
=32.512

Current CPI (Apr. 2026) = 333.0200.

Neco Insurance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 19.265 240.628 26.662
201610 10.938 241.729 15.069
201701 12.454 242.839 17.079
201704 12.419 244.524 16.914
201707 14.741 244.786 20.054
201710 15.710 246.663 21.210
201801 16.113 247.867 21.649
201804 11.767 250.546 15.640
201807 13.440 252.006 17.761
201810 15.592 252.885 20.533
201901 14.803 251.712 19.585
201904 13.688 255.548 17.838
201907 11.815 256.571 15.335
201910 17.033 257.346 22.042
202001 18.785 257.971 24.250
202004 11.698 256.389 15.194
202007 16.448 259.101 21.140
202010 20.699 260.388 26.473
202101 24.551 261.582 31.256
202104 20.949 267.054 26.124
202107 9.110 273.003 11.113
202110 23.680 276.589 28.511
202201 25.102 281.148 29.733
202204 20.128 289.109 23.185
202207 16.917 296.276 19.015
202210 22.894 298.012 25.583
202301 12.799 299.170 14.247
202304 25.502 303.363 27.995
202307 35.799 305.691 38.999
202310 17.854 307.671 19.325
202401 37.357 308.417 40.337
202404 23.833 313.548 25.313
202407 28.880 314.540 30.577
202410 18.476 315.664 19.492
202501 52.625 317.671 55.168
202504 32.033 320.795 33.254
202507 35.824 323.048 36.930
202510 18.056 0.000
202601 39.724 325.252 40.673
202604 32.512 333.020 32.512

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 6.28 mean?
Neco Insurance Co (XNEP:NIL) has a Cyclically Adjusted PS Ratio of 6.28 as of Aug. 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 Neco Insurance Co and its competitors. This is 16% below median its historical median of 7.49. Over the past decade, Neco Insurance Co's Cyclically Adjusted PS Ratio has ranged from 5.54 to 9.01. According to the industry distribution chart, Neco Insurance Co ranks #395 out of 411 companies in the Insurance industry, placing it in the top 96.1%.
Is Neco Insurance Co's Cyclically Adjusted PS Ratio too high?
Neco Insurance Co's current Cyclically Adjusted PS Ratio of 6.28 is 16% below median its 10-year median of 7.49. Over the past 10 years, this metric has ranged from a low of 5.54 to a high of 9.01. The Insurance industry median Cyclically Adjusted PS Ratio is 1.23. Neco Insurance Co's value of 6.28 is 410.6% above this industry median. Based on the distribution chart, Neco Insurance Co ranks #395 out of 411 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Neco Insurance Co has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neco Insurance Co's Cyclically Adjusted PS Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Neco Insurance Co ranks #395 out of 411 companies for Cyclically Adjusted PS Ratio. This places Neco Insurance Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.23. Neco Insurance Co's value of 6.28 is 410.6% above this benchmark. Historically, Neco Insurance Co's own Cyclically Adjusted PS Ratio has ranged from 5.54 to 9.01 over the past decade. While the company's 10-year median is 7.49 vs. the industry median of 1.23, Neco Insurance 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 an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.23, based on 411 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. Neco Insurance Co's current Cyclically Adjusted PS Ratio of 6.28 is 410.6% 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 Neco Insurance Co and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neco Insurance Co's current Cyclically Adjusted PS Ratio is 6.28, which is 16% below median its own 10-year median of 7.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neco Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Neco Insurance Co (XNEP:NIL) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR735.70, compared to a current price of NPR617.10 — trading 16.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.28, which is 16% below median its 10-year median of 7.49 and 410.6% above the Insurance industry median of 1.23. Neco Insurance Co's overall GF Score™ is 98/100 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 Neco Insurance Co (XNEP:NIL), the current Cyclically Adjusted PS Ratio is 6.28 as of Aug. 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 Neco Insurance Co (XNEP:NIL) Overvalued in 2026?

Based on GuruFocus' analysis, Neco Insurance Co stock appears to be undervalued. The current stock price of NPR617.10 is trading 16.1% below its estimated GF Value™ of NPR735.70. GuruFocus considers Neco Insurance Co to be Modestly Undervalued.

Key valuation signals for XNEP:NIL:

  • Cyclically Adjusted PS Ratio: 6.28 (16% below median its 10-year median of 7.49)
  • GF Value™: NPR735.70 vs. price of NPR617.10 (16.1% below fair value)
  • GF Score™: 98/100 with 5 warning signs
  • Industry Position: 410.6% above the Insurance median (#395 of 411)

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


Neco Insurance Co Business Description

Address Beema Bhawan, P.O. Box No. 12271, Gyaneshwor, Kathmandu, NPL
Neco Insurance Co Ltd is a non-life insurance company. The firm's business segment comprises Aviation, Engineering, Fire, Marine, Motor, Micro, Cattle and Crop, and Miscellaneous. The company underwrites all types of general insurance risk through different kinds of policies prevailing in the market under seven categories, i.e., Property, Motor, Aviation, Marine, Engineering, Agriculture, and Miscellaneous.
98GF Score

Get the complete analysis for XNEP:NIL

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

NPR617.10
Price
NPR735.70
GF Value