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NictusJSE:NCS 43 PS Ratio is 2.78 as of Jul. 30, 2026, which is 235% above its 10-year median of 0.83. GuruFocus rates JSE:NCS with a GF Score™ of 43/100 and a GF Value™ of R1.18 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,121 Retail - Cyclical companies, Nictus ranks worse than 85.64% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Nictus's share price is R2.90.
Nictus's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was R1.04. Hence, Nictus's PS Ratio for today is 2.78.
The historical rank and industry rank for Nictus's PS Ratio or its related term are showing as below:
JSE:NCS'
s PS Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.83 Max: 3.12
Current: 2.78
During the past 13 years, Nictus's highest PS Ratio was 3.12. The lowest was 0.36. And the median was 0.83.
JSE:NCS's PS Ratio is ranked worse than 85.64% of 1121
companies
in the Retail - Cyclical industry
Industry Median: 0.64
vs JSE:NCS: 2.78
Nictus's Revenue per Sharefor the
six
months ended in Mar. 2026 was R0.43.
Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was R1.04.
Warning Sign:
Nictus Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Nictus was -5.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 8.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 2.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 3.80% per year.
During the past 13 years, Nictus's highest 3-Year average Revenue per Share Growth Rate was 14.90% per year. The lowest was -57.00% per year. And the median was -2.90% per year.
Back to Basics: PS Ratio
Nictus (JSE:NCS) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Nictus PS Ratio Related Terms
Nictus PS Ratio Historical Data
* Premium members only.
The historical data trend for Nictus's 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.
For the Specialty Retail subindustry, Nictus's PS Ratio, along with its competitors' market caps and 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.
Nictus PS Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Nictus's PS Ratio distribution charts can be found below:
* The bar in red indicates where Nictus's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Nictus's Share Price of today is R2.90.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nictus's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was R1.04.
* 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.
It can also be calculated from the numbers for the whole company:
Nictus (JSE:NCS) has a PS Ratio of 2.78 as of Jul. 30, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Nictus and its competitors. This is 235% above median its historical median of 0.83. Over the past decade, Nictus' PS Ratio has ranged from 0.36 to 3.12. According to the industry distribution chart, Nictus ranks #960 out of 1121 companies in the Retail - Cyclical industry, placing it in the top 85.6%.
Is Nictus' PS Ratio too high?
Nictus' current PS Ratio of 2.78 is 235% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 3.12. The Retail - Cyclical industry median PS Ratio is 0.64. Nictus' value of 2.78 is 334.4% above this industry median. Based on the distribution chart, Nictus ranks #960 out of 1121 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Nictus has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nictus' PS Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nictus ranks #960 out of 1121 companies for PS Ratio. This places Nictus in the lower half of its industry. The industry median PS Ratio is 0.64. Nictus' value of 2.78 is 334.4% above this benchmark. Historically, Nictus' own PS Ratio has ranged from 0.36 to 3.12 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.64, Nictus 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 PS Ratio for a Retail - Cyclical company?
The median PS Ratio among Retail - Cyclical companies is 0.64, based on 1,121 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nictus's current PS Ratio of 2.78 is 334.4% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Nictus and its competitors. For the Retail - Cyclical industry, the median PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nictus's current PS Ratio is 2.78, which is 235% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nictus stock overvalued right now?
Based on GuruFocus' analysis, Nictus (JSE:NCS) is currently considered Significantly Overvalued. The stock's GF Value™ is R1.18, compared to a current price of R2.90 — trading 145.8% above its estimated fair value. The current PS Ratio is 2.78, which is 235% above median its 10-year median of 0.83 and 334.4% above the Retail - Cyclical industry median of 0.64. Nictus' overall GF Score™ is 43/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Nictus (JSE:NCS), the current PS Ratio is 2.78 as of Jul. 30, 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 Nictus (JSE:NCS) Overvalued in 2026?
Based on GuruFocus' analysis, Nictus stock appears to be overvalued.
The current stock price of R2.90 is trading 145.8% above its estimated GF Value™ of R1.18.
GuruFocus considers Nictus to be Significantly Overvalued.
Key valuation signals for JSE:NCS:
PS Ratio: 2.78 (235% above median its 10-year median of 0.83)
GF Value™: R1.18 vs. price of R2.90 (145.8% above fair value)
Industry Position: 334.4% above the Retail - Cyclical median (#960 of 1121)
No single metric tells the full story. See the JSE:NCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nictus Ltd operates as a retailer of household furniture, electrical appliances, and home electronics through the Nictus Furnishers brand and a short-term insurer through the Corporate Guarantee brand. The company owns three furniture retail stores located in Makhado, Polokwane and Randburg, South Africa. It operates in two segments namely Furniture segment and Insurance segment provides short-term insurance. Majority of the revenue is derived from the retailing of furniture and other products.
43GF Score
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