Nomura Research InstituteNURAF 88 PS Ratio is 3.07 as of Jul. 03, 2026, which is 4% below its 10-year median of 3.20. GuruFocus rates NURAF with a GF Score™ of 88/100 and a GF Value™ of $30.61 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,776 Software companies, Nomura Research Institute ranks worse than 64.7% 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, Nomura Research Institute's share price is $28.80.
Nomura Research Institute's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $9.38. Hence, Nomura Research Institute's PS Ratio for today is 3.07.
Good Sign:
Nomura Research Institute Ltd stock PS Ratio (=3.03) is close to 3-year low of 2.75.
The historical rank and industry rank for Nomura Research Institute's PS Ratio or its related term are showing as below:
NURAF'
s PS Ratio Range Over the Past 10 Years
Min: 1.79 Med: 3.2 Max: 5.2
Current: 3.39
During the past 13 years, Nomura Research Institute's highest PS Ratio was 5.20. The lowest was 1.79. And the median was 3.20.
NURAF's PS Ratio is ranked worse than 64.7% of 2776
companies
in the Software industry
Industry Median: 2.035
vs NURAF: 3.39
Nomura Research Institute Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Nomura Research Institute was 6.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 6.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 9.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 10.80% per year.
During the past 13 years, Nomura Research Institute's highest 3-Year average Revenue per Share Growth Rate was 14.90% per year. The lowest was -2.10% per year. And the median was 7.80% per year.
Back to Basics: PS Ratio
Nomura Research Institute (OTCPK:NURAF) 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.
Nomura Research Institute PS Ratio Related Terms
Nomura Research Institute PS Ratio Historical Data
* 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 Information Technology Services subindustry, Nomura Research Institute'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.
Nomura Research Institute PS Ratio vs Software Industry
For the Software industry and Technology sector, Nomura Research Institute's PS Ratio distribution charts can be found below:
* The bar in red indicates where Nomura Research Institute'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.
Nomura Research Institute's Share Price of today is $28.80. Nomura Research Institute's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.38.
* 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:
Nomura Research Institute (NURAF) has a PS Ratio of 3.07 as of Jul. 03, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Nomura Research Institute and its competitors. This is near median its historical median of 3.20. Over the past decade, Nomura Research Institute's PS Ratio has ranged from 1.79 to 5.20. According to the industry distribution chart, Nomura Research Institute ranks #1796 out of 2776 companies in the Software industry, placing it in the top 64.7%.
Is Nomura Research Institute's PS Ratio too high?
Nomura Research Institute's current PS Ratio of 3.07 is near median its 10-year median of 3.20. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 5.20. The Software industry median PS Ratio is 2.04. Nomura Research Institute's value of 3.07 is 50.9% above this industry median. Based on the distribution chart, Nomura Research Institute ranks #1796 out of 2776 companies in the Software industry, which is below the industry midpoint. Overall, Nomura Research Institute has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nomura Research Institute's PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Nomura Research Institute ranks #1796 out of 2776 companies for PS Ratio. This places Nomura Research Institute in the lower half of its industry. The industry median PS Ratio is 2.04. Nomura Research Institute's value of 3.07 is 50.9% above this benchmark. Historically, Nomura Research Institute's own PS Ratio has ranged from 1.79 to 5.20 over the past decade. While the company's 10-year median is 3.20 vs. the industry median of 2.04, Nomura Research Institute 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 Software company?
The median PS Ratio among Software companies is 2.04, based on 2,776 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. Nomura Research Institute's current PS Ratio of 3.07 is 50.9% 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 Nomura Research Institute and its competitors. For the Software industry, the median PS Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Research Institute's current PS Ratio is 3.07, which is near median its own 10-year median of 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Nomura Research Institute (NURAF) is currently considered Fairly Valued. The stock's GF Value™ is $30.61, compared to a current price of $28.80 — trading 5.9% below its estimated fair value. The current PS Ratio is 3.07, which is near median its 10-year median of 3.20 and 50.9% above the Software industry median of 2.04. Nomura Research Institute's overall GF Score™ is 88/100 with 3 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 Nomura Research Institute (NURAF), the current PS Ratio is 3.07 as of Jul. 03, 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 Nomura Research Institute (NURAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nomura Research Institute stock appears to be undervalued.
The current stock price of $28.80 is trading 5.9% below its estimated GF Value™ of $30.61.
GuruFocus considers Nomura Research Institute to be Fairly Valued.
Key valuation signals for NURAF:
PS Ratio: 3.07 (near median its 10-year median of 3.20)
GF Value™: $30.61 vs. price of $28.80 (5.9% below fair value)
Industry Position: 50.9% above the Software median (#1796 of 2776)
No single metric tells the full story. See the NURAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nomura Research Institute was formed in 1988 through the merger of the original Nomura Research Institute and Nomura Computer Systems. Its core financial IT solutions segment acts as a de facto utility for Japan's capital markets, running shared back-office platforms for major brokerages and banks. The industrial IT solutions segment builds supply chain and enterprise resource planning systems for retailers and manufacturers. These are supported by IT platform services and a consulting business that originates digital transformation projects. The company reported fiscal 2025 revenue of JPY 814.7 billion. Nomura Holdings, the parent of Nomura Securities, remains NRI's largest shareholder with a 20% stake.
88GF Score
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