NTIC (Northern Technologies International) Cyclically Adjusted PS Ratio: 1.01 (As of Jul. 18, 2026) — 61% Below Median

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NTIC Northern Technologies International Corp NTIC
56 GF Score
Price $8.10
GF Value $13.16
Valuation Possible Value Trap
! 4 Warning Signs
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What is Northern Technologies International Cyclically Adjusted PS Ratio?

Northern Technologies International NTIC -0.31% 56 Cyclically Adjusted PS Ratio is 1.01 as of Jul. 18, 2026, which is 61% below its 10-year median of 2.56. GuruFocus rates NTIC with a GF Score™ of 56/100 and a GF Value™ of $13.16 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,279 Chemicals companies, Northern Technologies International ranks better than 58.64% on this metric.

As of today (2026-07-18), Northern Technologies International's current share price is $8.10. Northern Technologies International's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was $8.04. Northern Technologies International's Cyclically Adjusted PS Ratio for today is 1.01.

The historical rank and industry rank for Northern Technologies International's Cyclically Adjusted PS Ratio or its related term are showing as below:

NTIC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.98   Med: 2.56   Max: 6.56
Current: 1.01

During the past years, Northern Technologies International's highest Cyclically Adjusted PS Ratio was 6.56. The lowest was 0.98. And the median was 2.56.

NTIC's Cyclically Adjusted PS Ratio is ranked better than
58.64% of 1279 companies
in the Chemicals industry
Industry Median: 1.32 vs NTIC: 1.01

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.

Northern Technologies International's adjusted revenue per share data for the three months ended in May. 2026 was $2.550. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $8.04 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Northern Technologies International  (NAS:NTIC) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Northern Technologies International Cyclically Adjusted PS Ratio Related Terms


Northern Technologies International Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Northern Technologies International's Cyclically Adjusted 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.

Northern Technologies International Cyclically Adjusted PS Ratio Chart

Northern Technologies International Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.63 2.17 2.10 1.94 1.00

Northern Technologies International Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted PS 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 1.00 1.00 0.99 1.15 0.99

NTIC vs FSI, FEAM, KBLB: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Northern Technologies International'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.


Northern Technologies International Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Northern Technologies International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Northern Technologies International's Cyclically Adjusted PS Ratio falls into.


NTIC
56GF Score
Northern Technologies International Corp NTIC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Technologies International Cyclically Adjusted PS Ratio Calculation

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

Northern Technologies International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.10/8.04
=1.01

* 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.

Northern Technologies International's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, Northern Technologies International's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=2.55/335.1230*335.1230
=2.550

Current CPI (May. 2026) = 335.1230.

Northern Technologies International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 1.049 240.849 1.460
201611 1.064 241.353 1.477
201702 0.958 243.603 1.318
201705 1.113 244.733 1.524
201708 1.186 245.519 1.619
201711 1.252 246.669 1.701
201802 1.307 248.991 1.759
201805 1.373 251.588 1.829
201808 1.552 252.146 2.063
201811 1.487 252.038 1.977
201902 1.409 252.776 1.868
201905 1.586 256.092 2.075
201908 1.440 256.558 1.881
201911 1.555 257.208 2.026
202002 1.399 258.678 1.812
202005 1.071 256.394 1.400
202008 1.102 259.918 1.421
202011 1.325 260.229 1.706
202102 1.295 263.014 1.650
202105 1.546 269.195 1.925
202108 1.550 273.567 1.899
202111 1.860 277.948 2.243
202202 1.730 283.716 2.043
202205 1.980 292.296 2.270
202208 2.134 296.171 2.415
202211 2.053 297.711 2.311
202302 1.875 300.840 2.089
202305 2.178 304.127 2.400
202308 2.143 307.026 2.339
202311 2.079 307.051 2.269
202402 2.143 310.326 2.314
202405 2.065 314.069 2.203
202408 2.364 314.796 2.517
202411 2.188 315.493 2.324
202502 1.956 319.082 2.054
202505 2.255 321.465 2.351
202508 2.349 323.976 2.430
202511 2.455 324.122 2.538
202602 2.318 326.785 2.377
202605 2.550 335.123 2.550

Add all the adjusted revenue per share together and divide 10 will get our 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.

What does a Cyclically Adjusted PS Ratio of 1.01 mean?
Northern Technologies International (NTIC) has a Cyclically Adjusted PS Ratio of 1.01 as of Jul. 18, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Northern Technologies International and its competitors. This is 61% below median its historical median of 2.56. Over the past decade, Northern Technologies International's Cyclically Adjusted PS Ratio has ranged from 0.98 to 6.56. According to the industry distribution chart, Northern Technologies International ranks #529 out of 1279 companies in the Chemicals industry, placing it in the top 41.4%.
Is Northern Technologies International's Cyclically Adjusted PS Ratio too high?
Northern Technologies International's current Cyclically Adjusted PS Ratio of 1.01 is 61% below median its 10-year median of 2.56. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 6.56. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. Northern Technologies International's value of 1.01 is 23.5% below this industry median. Based on the distribution chart, Northern Technologies International ranks #529 out of 1279 companies in the Chemicals industry, which is above the industry midpoint. Overall, Northern Technologies International has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Technologies International's Cyclically Adjusted PS Ratio compare to FSI and FEAM?
According to the Chemicals industry distribution chart, Northern Technologies International ranks #529 out of 1279 companies for Cyclically Adjusted PS Ratio. This puts Northern Technologies International in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.32. Northern Technologies International's value of 1.01 is 23.5% below this benchmark. Historically, Northern Technologies International's own Cyclically Adjusted PS Ratio has ranged from 0.98 to 6.56 over the past decade. While the company's 10-year median is 2.56 vs. the industry median of 1.32, Northern Technologies International has consistently been below 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 Cyclically Adjusted PS Ratio for a Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,279 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northern Technologies International's current Cyclically Adjusted PS Ratio of 1.01 is 23.5% below 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Northern Technologies International and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Technologies International's current Cyclically Adjusted PS Ratio is 1.01, which is 61% below median its own 10-year median of 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Technologies International stock overvalued right now?
Based on GuruFocus' analysis, Northern Technologies International (NTIC) is currently considered Possible Value Trap. The stock's GF Value™ is $13.16, compared to a current price of $8.10 — trading 38.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.01, which is 61% below median its 10-year median of 2.56 and 23.5% below the Chemicals industry median of 1.32. Northern Technologies International's overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Northern Technologies International (NTIC), the current Cyclically Adjusted PS Ratio is 1.01 as of Jul. 18, 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 Northern Technologies International (NTIC) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Technologies International stock appears to be undervalued. The current stock price of $8.10 is trading 38.4% below its estimated GF Value™ of $13.16. GuruFocus considers Northern Technologies International to be Possible Value Trap.

Key valuation signals for NTIC:

  • Cyclically Adjusted PS Ratio: 1.01 (61% below median its 10-year median of 2.56)
  • GF Value™: $13.16 vs. price of $8.10 (38.4% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 23.5% below the Chemicals median (#529 of 1279)

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


Northern Technologies International Business Description

Address 4201 Woodland Road, P.O. Box 69, Circle Pines, MN, USA, 55014
Northern Technologies International Corp is a United States-based firm that develops and markets proprietary, environmentally beneficial products and services world wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments, which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company. The company generates the majority of its revenue in the United States.
56GF Score

Get the complete analysis for NTIC

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

$8.10
Price
$13.16
GF Value