NDCVF (Nordic Semiconductor ASA) Cyclically Adjusted Revenue per Share: $2.70 (As of Mar. 2026)


NDCVF Nordic Semiconductor ASA NDCVF
87 GF Score
Price $17.43
GF Value $15.06
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Nordic Semiconductor ASA Cyclically Adjusted Revenue per Share?

Nordic Semiconductor ASA NDCVF -1.24% 87 Cyclically Adjusted Revenue per Share is $2.70 as of Mar. 2026. GuruFocus rates NDCVF with a GF Score™ of 87/100 and a GF Value™ of $15.06 (Modestly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Nordic Semiconductor ASA's adjusted revenue per share for the three months ended in Mar. 2026 was $0.961. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $2.70 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nordic Semiconductor ASA's average Cyclically Adjusted Revenue Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 19.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Nordic Semiconductor ASA was 25.10% per year. The lowest was 14.20% per year. And the median was 19.65% per year.

As of today (2026-07-11), Nordic Semiconductor ASA's current stock price is $17.426. Nordic Semiconductor ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $2.70. Nordic Semiconductor ASA's Cyclically Adjusted PS Ratio of today is 6.45.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nordic Semiconductor ASA was 26.57. The lowest was 3.67. And the median was 6.41.


Nordic Semiconductor ASA  (OTCPK:NDCVF) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Nordic Semiconductor ASA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.426/2.70
=6.45

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nordic Semiconductor ASA was 26.57. The lowest was 3.67. And the median was 6.41.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Nordic Semiconductor ASA Cyclically Adjusted Revenue per Share Related Terms


Nordic Semiconductor ASA Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nordic Semiconductor ASA's Cyclically Adjusted Revenue per Share 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.

Nordic Semiconductor ASA Cyclically Adjusted Revenue per Share Chart

Nordic Semiconductor ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.73 2.05 2.05 2.56

Nordic Semiconductor ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 2.24 2.43 2.54 2.56 2.70

NDCVF vs NVDA, AVGO, MU: Cyclically Adjusted Revenue per Share Comparison

For the Semiconductors subindustry, Nordic Semiconductor ASA'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.


Nordic Semiconductor ASA Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Nordic Semiconductor ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NDCVF
87GF Score
Nordic Semiconductor ASA NDCVF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic Semiconductor ASA Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Nordic Semiconductor ASA'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)
=0.961/141.0300*141.0300
=0.961

Current CPI (Mar. 2026) = 141.0300.

Nordic Semiconductor ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.324 103.800 0.440
201609 0.322 104.200 0.436
201612 0.319 104.400 0.431
201703 0.293 105.000 0.394
201706 0.363 105.800 0.484
201709 0.405 105.900 0.539
201712 0.397 106.100 0.528
201803 0.371 107.300 0.488
201806 0.397 108.500 0.516
201809 0.441 109.500 0.568
201812 0.309 109.800 0.397
201903 0.300 110.400 0.383
201906 0.402 110.600 0.513
201909 0.468 111.100 0.594
201912 0.463 111.300 0.587
202003 0.395 111.200 0.501
202006 0.499 112.100 0.628
202009 0.646 112.900 0.807
202012 0.535 112.900 0.668
202103 0.739 114.600 0.909
202106 0.762 115.300 0.932
202109 0.770 117.500 0.924
202112 0.888 118.900 1.053
202203 0.950 119.800 1.118
202206 1.039 122.600 1.195
202209 1.049 125.600 1.178
202212 0.993 125.900 1.112
202303 0.754 127.600 0.833
202306 0.799 130.400 0.864
202309 0.697 129.800 0.757
202312 0.558 131.900 0.597
202403 0.385 132.600 0.409
202406 0.657 133.800 0.693
202409 0.814 133.700 0.859
202412 0.770 134.800 0.806
202503 0.799 136.100 0.828
202506 0.849 137.800 0.869
202509 0.911 138.500 0.928
202512 0.841 139.100 0.853
202603 0.961 141.030 0.961

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $2.70 mean?
Nordic Semiconductor ASA (NDCVF) has a Cyclically Adjusted Revenue per Share of $2.70 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nordic Semiconductor ASA and its competitors.
Is Nordic Semiconductor ASA's Cyclically Adjusted Revenue per Share too high?
Nordic Semiconductor ASA's current Cyclically Adjusted Revenue per Share is $2.70. Overall, Nordic Semiconductor ASA has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Semiconductor ASA's Cyclically Adjusted Revenue per Share compare to NVDA and AVGO?
Nordic Semiconductor ASA's Cyclically Adjusted Revenue per Share of $2.70 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Semiconductors company?
A good Cyclically Adjusted Revenue per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nordic Semiconductor ASA and its competitors. Nordic Semiconductor ASA's current Cyclically Adjusted Revenue per Share is $2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Semiconductor ASA stock overvalued right now?
Based on GuruFocus' analysis, Nordic Semiconductor ASA (NDCVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $15.06, compared to a current price of $17.43 — trading 15.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $2.70. Nordic Semiconductor ASA's overall GF Score™ is 87/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Nordic Semiconductor ASA (NDCVF), the current Cyclically Adjusted Revenue per Share is $2.70 as of Mar. 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 Nordic Semiconductor ASA (NDCVF) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Semiconductor ASA stock appears to be overvalued. The current stock price of $17.43 is trading 15.7% above its estimated GF Value™ of $15.06. GuruFocus considers Nordic Semiconductor ASA to be Modestly Overvalued.

Key valuation signals for NDCVF:

  • Cyclically Adjusted Revenue per Share: $2.70
  • GF Value™: $15.06 vs. price of $17.43 (15.7% above fair value)
  • GF Score™: 87/100 with 5 warning signs

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


Nordic Semiconductor ASA Business Description

Address Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor designs Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, Thread protocol and long-range connectivity.
87GF Score

Get the complete analysis for NDCVF

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

$17.43
Price
$15.06
GF Value