Ningbo United Group Co (SHSE:600051) Cyclically Adjusted PS Ratio: 0.54 (As of Sep. 13, 2026) — Near Median

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SHSE:600051 Ningbo United Group Co Ltd SHSE:600051
52 GF Score
Price ¥6.27
GF Value ¥3.87
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Ningbo United Group Co Cyclically Adjusted PS Ratio?

Ningbo United Group Co SHSE:600051 +1.62% 52 Cyclically Adjusted PS Ratio is 0.54 as of Sep. 13, 2026, which is 6% above its 10-year median of 0.51. GuruFocus rates SHSE:600051 with a GF Score™ of 52/100 and a GF Value™ of ¥3.87 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 128 Industrial Distribution companies, Ningbo United Group Co ranks better than 50% on this metric.

As of today (2026-09-13), Ningbo United Group Co's current share price is ¥6.27. Ningbo United Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥11.71. Ningbo United Group Co's Cyclically Adjusted PS Ratio for today is 0.54.

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

SHSE:600051' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.51   Max: 1.05
Current: 0.53

During the past years, Ningbo United Group Co's highest Cyclically Adjusted PS Ratio was 1.05. The lowest was 0.35. And the median was 0.51.

SHSE:600051's Cyclically Adjusted PS Ratio is ranked better than
50% of 128 companies
in the Industrial Distribution industry
Industry Median: 0.54 vs SHSE:600051: 0.53

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.

Ningbo United Group Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥0.375. 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 ¥11.71 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo United Group Co  (SHSE:600051) 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.


Ningbo United Group Co Cyclically Adjusted PS Ratio Related Terms


Ningbo United Group Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ningbo United Group Co'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.

Ningbo United Group Co Cyclically Adjusted PS Ratio Chart

Ningbo United Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.52 0.51 0.50 0.62

Ningbo United Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.57 0.57 0.62 0.64 0.48

SHSE:600051 vs GWW, FAST, FERG: Cyclically Adjusted PS Ratio Comparison

For the Industrial Distribution subindustry, Ningbo United Group Co'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.


Ningbo United Group Co Cyclically Adjusted PS Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ningbo United Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo United Group Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600051
52GF Score
Ningbo United Group Co Ltd SHSE:600051
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo United Group Co 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.

Ningbo United Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.27/11.71
=0.54

* 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.

Ningbo United Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ningbo United Group Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.375/116.0564*116.0564
=0.375

Current CPI (Jun. 2026) = 116.0564.

Ningbo United Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.301 102.400 4.875
201612 4.643 102.600 5.252
201703 1.680 103.200 1.889
201706 5.505 103.100 6.197
201709 7.660 104.100 8.540
201712 7.923 104.500 8.799
201803 2.404 105.300 2.650
201806 4.491 104.900 4.969
201809 3.019 106.600 3.287
201812 3.079 106.500 3.355
201903 2.546 107.700 2.744
201906 2.804 107.700 3.022
201909 2.952 109.800 3.120
201912 4.168 111.200 4.350
202003 4.452 112.300 4.601
202006 2.133 110.400 2.242
202009 4.465 111.700 4.639
202012 4.822 111.500 5.019
202103 1.668 112.662 1.718
202106 1.673 111.769 1.737
202109 2.113 112.215 2.185
202112 6.440 113.108 6.608
202203 1.386 114.335 1.407
202206 1.442 114.558 1.461
202209 3.476 115.339 3.498
202212 2.202 115.116 2.220
202303 2.671 115.116 2.693
202306 0.824 114.558 0.835
202309 0.907 115.339 0.913
202312 1.419 114.781 1.435
202403 0.554 115.227 0.558
202406 0.891 114.781 0.901
202409 1.865 115.785 1.869
202412 2.454 114.893 2.479
202503 0.923 115.116 0.931
202506 0.982 114.907 0.992
202509 0.970 115.471 0.975
202512 1.184 115.832 1.186
202603 0.553 116.303 0.552
202606 0.375 116.056 0.375

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 0.54 mean?
Ningbo United Group Co (SHSE:600051) has a Cyclically Adjusted PS Ratio of 0.54 as of Sep. 13, 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 Ningbo United Group Co and its competitors. This is near median its historical median of 0.51. Over the past decade, Ningbo United Group Co's Cyclically Adjusted PS Ratio has ranged from 0.35 to 1.05. According to the industry distribution chart, Ningbo United Group Co ranks #64 out of 128 companies in the Industrial Distribution industry, placing it in the top 50%.
Is Ningbo United Group Co's Cyclically Adjusted PS Ratio too high?
Ningbo United Group Co's current Cyclically Adjusted PS Ratio of 0.54 is near median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.05. The Industrial Distribution industry median Cyclically Adjusted PS Ratio is 0.54. Ningbo United Group Co's value of 0.54 is 0% at this industry median. Based on the distribution chart, Ningbo United Group Co ranks #64 out of 128 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Ningbo United Group Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo United Group Co's Cyclically Adjusted PS Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ningbo United Group Co ranks #64 out of 128 companies for Cyclically Adjusted PS Ratio. This puts Ningbo United Group Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.54. Ningbo United Group Co's value of 0.54 is 0% at this benchmark. Historically, Ningbo United Group Co's own Cyclically Adjusted PS Ratio has ranged from 0.35 to 1.05 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.54, Ningbo United Group Co has consistently been at 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 Distribution company?
The median Cyclically Adjusted PS Ratio among Industrial Distribution companies is 0.54, based on 128 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. Ningbo United Group Co's current Cyclically Adjusted PS Ratio of 0.54 is 0% at 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 Ningbo United Group Co and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PS Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo United Group Co's current Cyclically Adjusted PS Ratio is 0.54, which is near median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo United Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo United Group Co (SHSE:600051) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.87, compared to a current price of ¥6.27 — trading 62% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.54, which is near median its 10-year median of 0.51 and 0% at the Industrial Distribution industry median of 0.54. Ningbo United Group Co's overall GF Score™ is 52/100 with 9 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 Ningbo United Group Co (SHSE:600051), the current Cyclically Adjusted PS Ratio is 0.54 as of Sep. 13, 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 Ningbo United Group Co (SHSE:600051) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo United Group Co stock appears to be overvalued. The current stock price of ¥6.27 is trading 62% above its estimated GF Value™ of ¥3.87. GuruFocus considers Ningbo United Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600051:

  • Cyclically Adjusted PS Ratio: 0.54 (near median its 10-year median of 0.51)
  • GF Value™: ¥3.87 vs. price of ¥6.27 (62% above fair value)
  • GF Score™: 52/100 with 9 warning signs
  • Industry Position: 0% at the Industrial Distribution median (#64 of 128)

No single metric tells the full story. See the SHSE:600051 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo United Group Co Business Description

Address United Building No. 1 Donghai Road, Economic Development Zone, Zhejiang Province, Ningbo, CHN, 315803
Ningbo United Group Co Ltd is engaged in the development, manufacturing of energy, transportation, communications, municipal infrastructure, environmental protection equipment, instruments, general machinery, and electrical products.
52GF Score

Get the complete analysis for SHSE:600051

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

¥6.27
Price
¥3.87
GF Value