NTN (NTTBF) Cyclically Adjusted PS Ratio: 0.21 (As of Sep. 08, 2026) — Near Median

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NTTBF NTN Corp NTTBF
53 GF Score
Price $2.33
GF Value $1.73
Valuation Significantly Overvalued
! 4 Warning Signs
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What is NTN Cyclically Adjusted PS Ratio?

NTN NTTBF 53 Cyclically Adjusted PS Ratio is 0.21 as of Sep. 08, 2026, which is 9% below its 10-year median of 0.23. GuruFocus rates NTTBF with a GF Score™ of 53/100 and a GF Value™ of $1.73 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,278 Industrial Products companies, NTN ranks better than 91.57% on this metric.

As of today (2026-09-08), NTN's current share price is $2.33. NTN's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $10.85. NTN's Cyclically Adjusted PS Ratio for today is 0.21.

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

NTTBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.23   Max: 0.52
Current: 0.27

During the past years, NTN's highest Cyclically Adjusted PS Ratio was 0.52. The lowest was 0.13. And the median was 0.23.

NTTBF's Cyclically Adjusted PS Ratio is ranked better than
91.57% of 2278 companies
in the Industrial Products industry
Industry Median: 1.81 vs NTTBF: 0.27

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.

NTN's adjusted revenue per share data for the three months ended in Mar. 2026 was $2.555. 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 $10.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NTN  (OTCPK:NTTBF) 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.


NTN Cyclically Adjusted PS Ratio Related Terms


NTN Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NTN'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.

NTN Cyclically Adjusted PS Ratio Chart

NTN Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.25 0.22 0.17 0.22

NTN Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.17 0.16 0.23 0.25 0.22

NTTBF vs SNA, RBC, LECO: Cyclically Adjusted PS Ratio Comparison

For the Tools & Accessories subindustry, NTN'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.


NTN Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NTN's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NTTBF
53GF Score
NTN Corp NTTBF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NTN 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.

NTN's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.33/10.85
=0.21

* 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.

NTN's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, NTN'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)
=2.555/112.7000*112.7000
=2.555

Current CPI (Mar. 2026) = 112.7000.

NTN Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.986 98.100 3.430
201609 2.949 98.000 3.391
201612 2.781 98.400 3.185
201703 3.085 98.100 3.544
201706 3.040 98.500 3.478
201709 3.041 98.800 3.469
201712 3.176 99.400 3.601
201803 3.479 99.200 3.952
201806 3.237 99.200 3.678
201809 3.040 99.900 3.430
201812 3.053 99.700 3.451
201903 3.074 99.700 3.475
201906 2.991 99.800 3.378
201909 2.854 100.100 3.213
201912 2.770 100.500 3.106
202003 2.741 100.300 3.080
202006 1.609 99.900 1.815
202009 2.626 99.900 2.962
202012 2.908 99.300 3.300
202103 2.828 99.900 3.190
202106 2.678 99.500 3.033
202109 2.549 100.100 2.870
202112 2.685 100.100 3.023
202203 2.762 101.100 3.079
202206 2.427 101.800 2.687
202209 2.617 103.100 2.861
202212 2.753 104.100 2.980
202303 2.882 104.400 3.111
202306 2.675 105.200 2.866
202309 2.661 106.200 2.824
202312 2.477 106.800 2.614
202403 2.424 107.200 2.548
202406 2.121 108.200 2.209
202409 2.678 108.900 2.771
202412 2.471 110.700 2.516
202503 2.659 111.100 2.697
202506 2.602 111.700 2.625
202509 2.301 112.000 2.315
202512 2.169 113.000 2.163
202603 2.555 112.700 2.555

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 0.21 mean?
NTN (NTTBF) has a Cyclically Adjusted PS Ratio of 0.21 as of Sep. 08, 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 NTN and its competitors. This is near median its historical median of 0.23. Over the past decade, NTN's Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.52. According to the industry distribution chart, NTN ranks #192 out of 2278 companies in the Industrial Products industry, placing it in the top 8.4%.
Is NTN's Cyclically Adjusted PS Ratio too high?
NTN's current Cyclically Adjusted PS Ratio of 0.21 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.52. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. NTN's value of 0.21 is 88.4% below this industry median. Based on the distribution chart, NTN ranks #192 out of 2278 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, NTN has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NTN's Cyclically Adjusted PS Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, NTN ranks #192 out of 2278 companies for Cyclically Adjusted PS Ratio. This places NTN in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.81. NTN's value of 0.21 is 88.4% below this benchmark. Historically, NTN's own Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.52 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 1.81, NTN 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,278 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. NTN's current Cyclically Adjusted PS Ratio of 0.21 is 88.4% 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 NTN and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTN's current Cyclically Adjusted PS Ratio is 0.21, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTN stock overvalued right now?
Based on GuruFocus' analysis, NTN (NTTBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.73, compared to a current price of $2.33 — trading 34.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.21, which is near median its 10-year median of 0.23 and 88.4% below the Industrial Products industry median of 1.81. NTN's overall GF Score™ is 53/100 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 NTN (NTTBF), the current Cyclically Adjusted PS Ratio is 0.21 as of Sep. 08, 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 NTN (NTTBF) Overvalued in 2026?

Based on GuruFocus' analysis, NTN stock appears to be overvalued. The current stock price of $2.33 is trading 34.7% above its estimated GF Value™ of $1.73. GuruFocus considers NTN to be Significantly Overvalued.

Key valuation signals for NTTBF:

  • Cyclically Adjusted PS Ratio: 0.21 (near median its 10-year median of 0.23)
  • GF Value™: $1.73 vs. price of $2.33 (34.7% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 88.4% below the Industrial Products median (#192 of 2278)

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


NTN Business Description

Other Exchanges 6472:JapanNTN:Germany
Address 3-17, 1-chome, Kyomachibori, Nishi-ku, Osaka, JPN, 550-0003
NTN Corp is a Japan-based company that manufactures and sells bearings, constant velocity joints, precision equipment, aftermarket parts, and other mechanical parts. The company's products are used in a wide range of applications, including automobile, electric vehicle, rolling stock, wind turbine, construction and mining machinery, agricultural machinery, machine tools, office equipment, steel manufacturing machinery, paper manufacturing machinery, food machinery, medical equipment, aerospace, and robots. The company has a global presence, with Japan, the Americas, and Europe the three largest markets for the company.
53GF Score

Get the complete analysis for NTTBF

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

$2.33
Price
$1.73
GF Value