Nitro Games (OSTO:NITRO) Cyclically Adjusted Revenue per Share: kr5.91 (As of Mar. 2026)

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OSTO:NITRO Nitro Games PLC OSTO:NITRO
52 GF Score
Price kr2.45
GF Value kr1.42
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Nitro Games Cyclically Adjusted Revenue per Share?

Nitro Games OSTO:NITRO 52 Cyclically Adjusted Revenue per Share is kr5.91 as of Mar. 2026. GuruFocus rates OSTO:NITRO with a GF Score™ of 52/100 and a GF Value™ of kr1.42 (Significantly Overvalued). The stock has 8 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.

Nitro Games's adjusted revenue per share for the three months ended in Mar. 2026 was kr0.647. 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 kr5.91 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-23), Nitro Games's current stock price is kr2.45. Nitro Games's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr5.91. Nitro Games's Cyclically Adjusted PS Ratio of today is 0.41.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Nitro Games was 0.42. The lowest was 0.21. And the median was 0.25.


Nitro Games  (OSTO:NITRO) 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.

Nitro Games's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.45/5.91
=0.41

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Nitro Games was 0.42. The lowest was 0.21. And the median was 0.25.


Be Aware

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


Nitro Games Cyclically Adjusted Revenue per Share Related Terms


Nitro Games Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nitro Games'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.

Nitro Games Cyclically Adjusted Revenue per Share Chart

Nitro Games 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 0.00 0.00 0.00 0.00 5.99

Nitro Games 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 0.00 0.00 6.05 5.99 5.91

OSTO:NITRO vs NTES, EA, TTWO: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Gaming & Multimedia subindustry, Nitro Games'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.


Nitro Games Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nitro Games's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


OSTO:NITRO
52GF Score
Nitro Games PLC OSTO:NITRO
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitro Games 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, Nitro Games'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)
=0.647/124.6700*124.6700
=0.647

Current CPI (Mar. 2026) = 124.6700.

Nitro Games Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.851 100.390 3.541
201609 1.191 100.540 1.477
201612 0.559 101.020 0.690
201703 2.300 100.910 2.842
201706 4.230 101.140 5.214
201709 2.078 101.320 2.557
201712 2.135 101.510 2.622
201803 2.412 101.730 2.956
201806 2.026 102.320 2.469
201809 3.086 102.600 3.750
201812 1.209 102.710 1.467
201903 0.070 102.870 0.085
201906 0.134 103.360 0.162
201909 0.911 103.540 1.097
201912 1.045 103.650 1.257
202003 0.975 103.490 1.175
202006 0.795 103.320 0.959
202009 0.123 103.710 0.148
202012 0.102 103.890 0.122
202103 0.196 104.870 0.233
202106 0.248 105.360 0.293
202109 0.895 106.290 1.050
202112 0.884 107.490 1.025
202203 0.832 110.950 0.935
202206 1.033 113.570 1.134
202209 1.951 114.920 2.117
202212 1.910 117.320 2.030
202303 1.467 119.750 1.527
202306 1.435 120.690 1.482
202309 1.605 121.280 1.650
202312 1.299 121.540 1.332
202403 1.214 122.360 1.237
202406 1.325 122.230 1.351
202409 1.251 122.260 1.276
202412 1.406 122.390 1.432
202503 1.070 123.010 1.084
202506 0.752 122.530 0.765
202509 0.934 122.880 0.948
202512 0.966 122.670 0.982
202603 0.647 124.670 0.647

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 kr5.91 mean?
Nitro Games (OSTO:NITRO) has a Cyclically Adjusted Revenue per Share of kr5.91 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 Nitro Games and its competitors.
Is Nitro Games' Cyclically Adjusted Revenue per Share too high?
Nitro Games' current Cyclically Adjusted Revenue per Share is kr5.91. Overall, Nitro Games has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitro Games' Cyclically Adjusted Revenue per Share compare to NTES and EA?
Nitro Games' Cyclically Adjusted Revenue per Share of kr5.91 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Cyclically Adjusted Revenue per Share depends on the Interactive Media 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 Nitro Games and its competitors. Nitro Games's current Cyclically Adjusted Revenue per Share is kr5.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitro Games stock overvalued right now?
Based on GuruFocus' analysis, Nitro Games (OSTO:NITRO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.42, compared to a current price of kr2.45 — trading 72.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr5.91. Nitro Games' overall GF Score™ is 52/100 with 8 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 Nitro Games (OSTO:NITRO), the current Cyclically Adjusted Revenue per Share is kr5.91 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 Nitro Games (OSTO:NITRO) Overvalued in 2026?

Based on GuruFocus' analysis, Nitro Games stock appears to be overvalued. The current stock price of kr2.45 is trading 72.5% above its estimated GF Value™ of kr1.42. GuruFocus considers Nitro Games to be Significantly Overvalued.

Key valuation signals for OSTO:NITRO:

  • Cyclically Adjusted Revenue per Share: kr5.91
  • GF Value™: kr1.42 vs. price of kr2.45 (72.5% above fair value)
  • GF Score™: 52/100 with 8 warning signs

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


Nitro Games Business Description

Address Juha Vainion katu 2, Kotka, FIN, 48100
Nitro Games PLC is a free-to-play mobile game developer and publisher. It develops and publishes games for international distribution and sells its expertise as a service to international gaming players as part of its services business. The company specializes in action and shooter games. It has developed games such as East India Company, Commander: Conquest of the Americas, Pirates of Black Cove, Raids of Glory, and many more. Geographically, the company generates the majority of its revenue from North America, and the rest from the EU, the United Kingdom, and other countries.
52GF Score

Get the complete analysis for OSTO:NITRO

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

kr2.45
Price
kr1.42
GF Value