Neurones (XPAR:NRO) Cyclically Adjusted PS Ratio: 1.31 (As of Jul. 23, 2026) — 26% Below Median

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XPAR:NRO Neurones XPAR:NRO
96 GF Score
Price €36.00
GF Value €50.43
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Neurones Cyclically Adjusted PS Ratio?

Neurones XPAR:NRO +0.28% 96 Cyclically Adjusted PS Ratio is 1.31 as of Jul. 23, 2026, which is 26% below its 10-year median of 1.76. GuruFocus rates XPAR:NRO with a GF Score™ of 96/100 and a GF Value™ of €50.43 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,591 Software companies, Neurones ranks better than 57.45% on this metric.

As of today (2026-07-23), Neurones's current share price is €36.00. Neurones's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €27.41. Neurones's Cyclically Adjusted PS Ratio for today is 1.31.

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

XPAR:NRO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.76   Max: 2.3
Current: 1.28

During the past 13 years, Neurones's highest Cyclically Adjusted PS Ratio was 2.30. The lowest was 1.04. And the median was 1.76.

XPAR:NRO's Cyclically Adjusted PS Ratio is ranked better than
57.45% of 1591 companies
in the Software industry
Industry Median: 1.62 vs XPAR:NRO: 1.28

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.

Neurones's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €35.162. 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 €27.41 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Neurones  (XPAR:NRO) 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.


Neurones Cyclically Adjusted PS Ratio Related Terms


Neurones Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Neurones'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.

Neurones Cyclically Adjusted PS Ratio Chart

Neurones 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 1.97 1.81 1.84 1.71 1.57

Neurones Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.84 0.00 1.71 0.00 1.57

XPAR:NRO vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Neurones'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.


Neurones Cyclically Adjusted PS Ratio vs Software Industry

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

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


XPAR:NRO
96GF Score
Neurones XPAR:NRO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neurones 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.

Neurones's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.00/27.41
=1.31

* 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.

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

For example, Neurones'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)
=35.162/120.9000*120.9000
=35.162

Current CPI (Dec25) = 120.9000.

Neurones Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 18.415 100.650 22.120
201712 19.970 101.850 23.705
201812 20.189 103.470 23.590
201912 20.995 104.980 24.179
202012 21.602 104.960 24.883
202112 23.915 107.850 26.809
202212 27.393 114.160 29.010
202312 30.485 118.390 31.131
202412 33.285 119.950 33.549
202512 35.162 120.900 35.162

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 1.31 mean?
Neurones (XPAR:NRO) has a Cyclically Adjusted PS Ratio of 1.31 as of Jul. 23, 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 Neurones and its competitors. This is 26% below median its historical median of 1.76. Over the past decade, Neurones' Cyclically Adjusted PS Ratio has ranged from 1.04 to 2.30. According to the industry distribution chart, Neurones ranks #677 out of 1591 companies in the Software industry, placing it in the top 42.6%.
Is Neurones' Cyclically Adjusted PS Ratio too high?
Neurones' current Cyclically Adjusted PS Ratio of 1.31 is 26% below median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 2.30. The Software industry median Cyclically Adjusted PS Ratio is 1.62. Neurones' value of 1.31 is 19.1% below this industry median. Based on the distribution chart, Neurones ranks #677 out of 1591 companies in the Software industry, which is above the industry midpoint. Overall, Neurones has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neurones' Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Neurones ranks #677 out of 1591 companies for Cyclically Adjusted PS Ratio. This puts Neurones in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.62. Neurones' value of 1.31 is 19.1% below this benchmark. Historically, Neurones' own Cyclically Adjusted PS Ratio has ranged from 1.04 to 2.30 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.62, Neurones 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.62, based on 1,591 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. Neurones's current Cyclically Adjusted PS Ratio of 1.31 is 19.1% 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 Neurones and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neurones's current Cyclically Adjusted PS Ratio is 1.31, which is 26% below median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neurones stock overvalued right now?
Based on GuruFocus' analysis, Neurones (XPAR:NRO) is currently considered Modestly Undervalued. The stock's GF Value™ is €50.43, compared to a current price of €36.00 — trading 28.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.31, which is 26% below median its 10-year median of 1.76 and 19.1% below the Software industry median of 1.62. Neurones' overall GF Score™ is 96/100 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 Neurones (XPAR:NRO), the current Cyclically Adjusted PS Ratio is 1.31 as of Jul. 23, 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 Neurones (XPAR:NRO) Overvalued in 2026?

Based on GuruFocus' analysis, Neurones stock appears to be undervalued. The current stock price of €36.00 is trading 28.6% below its estimated GF Value™ of €50.43. GuruFocus considers Neurones to be Modestly Undervalued.

Key valuation signals for XPAR:NRO:

  • Cyclically Adjusted PS Ratio: 1.31 (26% below median its 10-year median of 1.76)
  • GF Value™: €50.43 vs. price of €36.00 (28.6% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 19.1% below the Software median (#677 of 1591)

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


Neurones Business Description

Other Exchanges 0GX2:UKNE9:Germany
Address 205 Avenue Georges Clemenceau, Immeuble Le Clemenceau 1 Building, Nanterre, FRA, 92024
Neurones is active in Consulting and Digital Services, with activities including Digital Transformation, Overall Offer, Infrastructure Hub, Applications Hub, Consulting Division, Managed Services, and Service Centers. It also conducts IT development, pre-sales activities, management of fixed-price projects, technical assistance, infrastructure operations, and cybersecurity, and provides an internal platform for multi-LLM assistants, including Microsoft Copilot, ChatGPT, Gemini, Claude, and Mistral. Its segments are Infrastructure Services, Application Services, and Consulting. Infrastructure Services generates the majority of revenue and includes Cloud, Infrastructure Management, DevOps, Cybersecurity, User Support, IT Service Management, Information System Governance, and Automation.
96GF Score

Get the complete analysis for XPAR:NRO

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

€36.00
Price
€50.43
GF Value