NEXON Co (TSE:3659) Cyclically Adjusted Revenue per Share: 円411.06 (As of Mar. 2026)

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TSE:3659 NEXON Co Ltd TSE:3659
78 GF Score
Price 円2,501.00
GF Value 円3,487.46
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is NEXON Co Cyclically Adjusted Revenue per Share?

NEXON Co TSE:3659 -3.92% 78 Cyclically Adjusted Revenue per Share is 円411.06 as of Mar. 2026. GuruFocus rates TSE:3659 with a GF Score™ of 78/100 and a GF Value™ of 円3,487.46 (Modestly Undervalued). The stock has 2 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.

NEXON Co's adjusted revenue per share for the three months ended in Mar. 2026 was 円191.593. 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 円411.06 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NEXON Co's average Cyclically Adjusted Revenue Growth Rate was 12.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.00% 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 NEXON Co was 14.20% per year. The lowest was 13.00% per year. And the median was 13.60% per year.

As of today (2026-08-01), NEXON Co's current stock price is 円2501.00. NEXON Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円411.06. NEXON Co's Cyclically Adjusted PS Ratio of today is 6.08.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NEXON Co was 13.06. The lowest was 5.20. And the median was 8.95.


NEXON Co  (TSE:3659) 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.

NEXON Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2501.00/411.06
=6.08

* 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 NEXON Co was 13.06. The lowest was 5.20. And the median was 8.95.


Be Aware

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


NEXON Co Cyclically Adjusted Revenue per Share Related Terms


NEXON Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for NEXON Co'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.

NEXON Co Cyclically Adjusted Revenue per Share Chart

NEXON Co 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 240.68 277.66 315.15 358.64 400.58

NEXON Co 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 367.17 378.31 387.73 400.58 411.06

TSE:3659 vs NTES, EA, TTWO: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Gaming & Multimedia subindustry, NEXON 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.


NEXON Co Cyclically Adjusted PS Ratio vs Interactive Media Industry

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

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


TSE:3659
78GF Score
NEXON Co Ltd TSE:3659
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NEXON Co 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, NEXON Co'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)
=191.593/112.7000*112.7000
=191.593

Current CPI (Mar. 2026) = 112.7000.

NEXON Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 42.910 98.100 49.296
201609 49.962 98.000 57.456
201612 48.894 98.400 56.000
201703 84.387 98.100 96.946
201706 52.861 98.500 60.482
201709 67.319 98.800 76.790
201712 58.367 99.400 66.177
201803 100.690 99.200 114.393
201806 53.449 99.200 60.723
201809 76.991 99.900 86.856
201812 51.179 99.700 57.852
201903 103.147 99.700 116.596
201906 59.662 99.800 67.374
201909 57.881 100.100 65.167
201912 55.318 100.500 62.033
202003 93.311 100.300 104.847
202006 72.310 99.900 81.575
202009 88.658 99.900 100.018
202012 73.801 99.300 83.760
202103 98.031 99.900 110.592
202106 62.182 99.500 70.431
202109 84.201 100.100 94.800
202112 60.287 100.100 67.876
202203 101.901 101.100 113.593
202206 94.841 101.800 104.996
202209 111.816 103.100 122.228
202212 93.208 104.100 100.908
202303 143.643 104.400 155.063
202306 110.069 105.200 117.916
202309 140.419 106.200 149.013
202312 99.433 106.800 104.926
202403 128.495 107.200 135.088
202406 145.852 108.200 151.918
202409 162.272 108.900 167.934
202412 95.274 110.700 96.995
202503 139.078 111.100 141.081
202506 146.180 111.700 147.489
202509 148.099 112.000 149.025
202512 153.211 113.000 152.804
202603 191.593 112.700 191.593

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 円411.06 mean?
NEXON Co (TSE:3659) has a Cyclically Adjusted Revenue per Share of 円411.06 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 NEXON Co and its competitors.
Is NEXON Co's Cyclically Adjusted Revenue per Share too high?
NEXON Co's current Cyclically Adjusted Revenue per Share is 円411.06. Overall, NEXON Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NEXON Co's Cyclically Adjusted Revenue per Share compare to NTES and EA?
NEXON Co's Cyclically Adjusted Revenue per Share of 円411.06 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 NEXON Co and its competitors. NEXON Co's current Cyclically Adjusted Revenue per Share is 円411.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXON Co stock overvalued right now?
Based on GuruFocus' analysis, NEXON Co (TSE:3659) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,487.46, compared to a current price of 円2,501.00 — trading 28.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円411.06. NEXON Co's overall GF Score™ is 78/100 with 2 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 NEXON Co (TSE:3659), the current Cyclically Adjusted Revenue per Share is 円411.06 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 NEXON Co (TSE:3659) Overvalued in 2026?

Based on GuruFocus' analysis, NEXON Co stock appears to be undervalued. The current stock price of 円2,501.00 is trading 28.3% below its estimated GF Value™ of 円3,487.46. GuruFocus considers NEXON Co to be Modestly Undervalued.

Key valuation signals for TSE:3659:

  • Cyclically Adjusted Revenue per Share: 円411.06
  • GF Value™: 円3,487.46 vs. price of 円2,501.00 (28.3% below fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the TSE:3659 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NEXON Co Business Description

Address 1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032
Nexon is a South Korean online game developer and publisher, founded in 1994 in Korea by Kim Jung-ju. In 2005, the company moved its headquarters to Tokyo, Japan, and has operations in Korea, the US, Taiwan, and Thailand. The company's most notable franchises are MapleStory, Dungeon & Fighter, Sudden Attack, and KartRider. Nexon has been the publisher for EA's FC Online game franchise in Korea and Japan since 2013. Nexon acquired an independent game developer, Embark Studios AB, located in Stockholm, Sweden, in 2019.
78GF Score

Get the complete analysis for TSE:3659

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

円2,501.00
Price
円3,487.46
GF Value