NMGX (Nano Magic) Cyclically Adjusted PB Ratio: (As of Aug. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Nano Magic Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nano Magic  (OTCPK:NMGX) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Nano Magic Cyclically Adjusted PB Ratio Related Terms


Nano Magic Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nano Magic's Cyclically Adjusted PB 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.

Nano Magic Cyclically Adjusted PB Ratio Chart

Nano Magic Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nano Magic Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 22.07 0.00 0.00 0.00

NMGX vs CNEY, BGLC, YMAT: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Nano Magic's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Nano Magic Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nano Magic's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nano Magic's Cyclically Adjusted PB Ratio falls into.



Nano Magic Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Nano Magic's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Nano Magic's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.113/319.7990*319.7990
=-0.113

Current CPI (Mar. 2025) = 319.7990.

Nano Magic Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.228 238.638 0.306
201509 -0.010 237.945 -0.013
201512 -0.091 236.525 -0.123
201603 -0.115 238.132 -0.154
201606 -0.139 241.018 -0.184
201609 -0.175 241.428 -0.232
201612 -0.191 241.432 -0.253
201703 -0.142 243.801 -0.186
201706 -0.223 244.955 -0.291
201709 -0.251 246.819 -0.325
201712 -0.356 246.524 -0.462
201803 -0.355 249.554 -0.455
201806 -0.358 251.989 -0.454
201809 -0.441 252.439 -0.559
201812 -0.224 251.233 -0.285
201903 -0.131 254.202 -0.165
201906 -0.088 256.143 -0.110
201909 -0.097 256.759 -0.121
201912 -0.072 256.974 -0.090
202003 0.007 258.115 0.009
202006 0.015 257.797 0.019
202009 0.155 260.280 0.190
202012 0.165 260.474 0.203
202103 0.345 264.877 0.417
202106 0.321 271.696 0.378
202109 0.255 274.310 0.297
202112 0.197 278.802 0.226
202203 0.158 287.504 0.176
202206 0.237 296.311 0.256
202209 0.200 296.808 0.215
202212 0.151 296.797 0.163
202303 0.107 301.836 0.113
202306 0.100 305.109 0.105
202309 0.079 307.789 0.082
202312 0.098 306.746 0.102
202403 0.046 312.332 0.047
202406 -0.002 314.175 -0.002
202409 -0.010 315.301 -0.010
202412 -0.063 315.605 -0.064
202503 -0.113 319.799 -0.113

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Nano Magic Business Description

Address 31601 Research Park Drive, Madison Heights, MI, USA, 48071
Nano Magic Inc is engaged in the marketing and sale of products enabled by nanotechnology. It develops and sells products based on its portfolio of intellectual property and its products include a portfolio of nano-layer coatings, nano-based cleaners, printable inks, pastes, and thermal management materials. Its products can be used on eyeglasses, extreme sports, and safety glasses and goggles, electronic screens, windows, mirrors, shower doors, and cleaning everyday household surfaces. The majority of revenue is from the United States.