NBTM New Materials Group Co (SHSE:600114) Cyclically Adjusted PS Ratio: 5.33 (As of Aug. 15, 2026) — 57% Above Median

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SHSE:600114 NBTM New Materials Group Co Ltd SHSE:600114
92 GF Score
Price ¥30.02
GF Value ¥23.68
Valuation Modestly Overvalued
! 1 Warning Sign
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What is NBTM New Materials Group Co Cyclically Adjusted PS Ratio?

NBTM New Materials Group Co SHSE:600114 +2.49% 92 Cyclically Adjusted PS Ratio is 5.33 as of Aug. 15, 2026, which is 57% above its 10-year median of 3.39. GuruFocus rates SHSE:600114 with a GF Score™ of 92/100 and a GF Value™ of ¥23.68 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,040 Vehicles & Parts companies, NBTM New Materials Group Co ranks worse than 92.79% on this metric.

As of today (2026-08-15), NBTM New Materials Group Co's current share price is ¥30.02. NBTM New Materials Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥5.63. NBTM New Materials Group Co's Cyclically Adjusted PS Ratio for today is 5.33.

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

SHSE:600114' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.77   Med: 3.39   Max: 7.79
Current: 5.22

During the past years, NBTM New Materials Group Co's highest Cyclically Adjusted PS Ratio was 7.79. The lowest was 1.77. And the median was 3.39.

SHSE:600114's Cyclically Adjusted PS Ratio is ranked worse than
92.79% of 1040 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs SHSE:600114: 5.22

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.

NBTM New Materials Group Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥2.442. 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 ¥5.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NBTM New Materials Group Co  (SHSE:600114) 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.


NBTM New Materials Group Co Cyclically Adjusted PS Ratio Related Terms


NBTM New Materials Group Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NBTM New Materials 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.

NBTM New Materials Group Co Cyclically Adjusted PS Ratio Chart

NBTM New Materials 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 3.44 2.23 3.75 3.44 5.62

NBTM New Materials Group Co 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 4.20 4.04 6.31 5.62 4.93

SHSE:600114 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, NBTM New Materials 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.


NBTM New Materials Group Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NBTM New Materials Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where NBTM New Materials Group Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600114
92GF Score
NBTM New Materials Group Co Ltd SHSE:600114
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NBTM New Materials 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.

NBTM New Materials Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.02/5.63
=5.33

* 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.

NBTM New Materials Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, NBTM New Materials Group Co'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)
=2.442/116.3033*116.3033
=2.442

Current CPI (Mar. 2026) = 116.3033.

NBTM New Materials Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.600 101.400 0.688
201609 0.582 102.400 0.661
201612 0.722 102.600 0.818
201703 0.424 103.200 0.478
201706 0.697 103.100 0.786
201709 0.688 104.100 0.769
201712 0.748 104.500 0.832
201803 0.835 105.300 0.922
201806 0.764 104.900 0.847
201809 0.768 106.600 0.838
201812 0.637 106.500 0.696
201903 0.759 107.700 0.820
201906 0.620 107.700 0.670
201909 0.771 109.800 0.817
201912 1.322 111.200 1.383
202003 0.777 112.300 0.805
202006 1.555 110.400 1.638
202009 1.495 111.700 1.557
202012 1.504 111.500 1.569
202103 1.330 112.662 1.373
202106 1.543 111.769 1.606
202109 1.592 112.215 1.650
202112 0.994 113.108 1.022
202203 1.292 114.335 1.314
202206 1.741 114.558 1.768
202209 1.417 115.339 1.429
202212 1.604 115.116 1.621
202303 1.247 115.116 1.260
202306 1.759 114.558 1.786
202309 1.459 115.339 1.471
202312 1.840 114.781 1.864
202403 1.765 115.227 1.781
202406 2.089 114.781 2.117
202409 2.024 115.785 2.033
202412 2.406 114.893 2.436
202503 2.352 115.116 2.376
202506 2.364 114.907 2.393
202509 2.410 115.471 2.427
202512 2.563 115.832 2.573
202603 2.442 116.303 2.442

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 5.33 mean?
NBTM New Materials Group Co (SHSE:600114) has a Cyclically Adjusted PS Ratio of 5.33 as of Aug. 15, 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 NBTM New Materials Group Co and its competitors. This is 57% above median its historical median of 3.39. Over the past decade, NBTM New Materials Group Co's Cyclically Adjusted PS Ratio has ranged from 1.77 to 7.79. According to the industry distribution chart, NBTM New Materials Group Co ranks #965 out of 1040 companies in the Vehicles & Parts industry, placing it in the top 92.8%.
Is NBTM New Materials Group Co's Cyclically Adjusted PS Ratio too high?
NBTM New Materials Group Co's current Cyclically Adjusted PS Ratio of 5.33 is 57% above median its 10-year median of 3.39. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 7.79. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. NBTM New Materials Group Co's value of 5.33 is 620.3% above this industry median. Based on the distribution chart, NBTM New Materials Group Co ranks #965 out of 1040 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, NBTM New Materials Group Co has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NBTM New Materials Group Co's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NBTM New Materials Group Co ranks #965 out of 1040 companies for Cyclically Adjusted PS Ratio. This places NBTM New Materials Group Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. NBTM New Materials Group Co's value of 5.33 is 620.3% above this benchmark. Historically, NBTM New Materials Group Co's own Cyclically Adjusted PS Ratio has ranged from 1.77 to 7.79 over the past decade. While the company's 10-year median is 3.39 vs. the industry median of 0.74, NBTM New Materials Group Co 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 Cyclically Adjusted PS Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,040 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. NBTM New Materials Group Co's current Cyclically Adjusted PS Ratio of 5.33 is 620.3% 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 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 NBTM New Materials Group Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NBTM New Materials Group Co's current Cyclically Adjusted PS Ratio is 5.33, which is 57% above median its own 10-year median of 3.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NBTM New Materials Group Co stock overvalued right now?
Based on GuruFocus' analysis, NBTM New Materials Group Co (SHSE:600114) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥23.68, compared to a current price of ¥30.02 — trading 26.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.33, which is 57% above median its 10-year median of 3.39 and 620.3% above the Vehicles & Parts industry median of 0.74. NBTM New Materials Group Co's overall GF Score™ is 92/100 with 1 warning sign 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 NBTM New Materials Group Co (SHSE:600114), the current Cyclically Adjusted PS Ratio is 5.33 as of Aug. 15, 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 NBTM New Materials Group Co (SHSE:600114) Overvalued in 2026?

Based on GuruFocus' analysis, NBTM New Materials Group Co stock appears to be overvalued. The current stock price of ¥30.02 is trading 26.8% above its estimated GF Value™ of ¥23.68. GuruFocus considers NBTM New Materials Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600114:

  • Cyclically Adjusted PS Ratio: 5.33 (57% above median its 10-year median of 3.39)
  • GF Value™: ¥23.68 vs. price of ¥30.02 (26.8% above fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 620.3% above the Vehicles & Parts median (#965 of 1040)

No single metric tells the full story. See the SHSE:600114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NBTM New Materials Group Co Business Description

Address No. 8 Jingjiang Road, Jiangshan Industrial Zone, Yinzhou, Ningbo, Zhejiang, CHN, 315191
NBTM New Materials Group Co Ltd is engaged in producing and selling powder metal structural parts and magnetic materials components in China. It provides car parts, such as car engine, auto transmission, auto chassis, and other products; new energy parts; air condition compressor and refrigerator compressor parts for home appliances; and motorcycle engines, clutches, driven gears, and other components.
92GF Score

Get the complete analysis for SHSE:600114

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

¥30.02
Price
¥23.68
GF Value