Ningxia Buliding Materials Group Co (SHSE:600449) Cyclically Adjusted PS Ratio: 1.06 (As of Aug. 06, 2026) — 10% Below Median

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SHSE:600449 Ningxia Buliding Materials Group Co Ltd SHSE:600449
60 GF Score
Price ¥14.09
GF Value ¥7.31
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ningxia Buliding Materials Group Co Cyclically Adjusted PS Ratio?

Ningxia Buliding Materials Group Co SHSE:600449 +2.25% 60 Cyclically Adjusted PS Ratio is 1.06 as of Aug. 06, 2026, which is 10% below its 10-year median of 1.18. GuruFocus rates SHSE:600449 with a GF Score™ of 60/100 and a GF Value™ of ¥7.31 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 324 Building Materials companies, Ningxia Buliding Materials Group Co ranks better than 54.01% on this metric.

As of today (2026-08-06), Ningxia Buliding Materials Group Co's current share price is ¥14.09. Ningxia Buliding Materials Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥13.26. Ningxia Buliding Materials Group Co's Cyclically Adjusted PS Ratio for today is 1.06.

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

SHSE:600449' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.18   Max: 1.93
Current: 0.88

During the past years, Ningxia Buliding Materials Group Co's highest Cyclically Adjusted PS Ratio was 1.93. The lowest was 0.75. And the median was 1.18.

SHSE:600449's Cyclically Adjusted PS Ratio is ranked better than
54.01% of 324 companies
in the Building Materials industry
Industry Median: 1 vs SHSE:600449: 0.88

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.

Ningxia Buliding Materials Group Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥1.019. 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 ¥13.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningxia Buliding Materials Group Co  (SHSE:600449) 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.


Ningxia Buliding Materials Group Co Cyclically Adjusted PS Ratio Related Terms


Ningxia Buliding Materials Group Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ningxia Buliding 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.

Ningxia Buliding Materials Group Co Cyclically Adjusted PS Ratio Chart

Ningxia Buliding 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 1.23 1.09 1.50 1.17 0.94

Ningxia Buliding 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 1.12 1.01 1.00 0.94 0.96

SHSE:600449 vs CRH, VMC, MLM: Cyclically Adjusted PS Ratio Comparison

For the Building Materials subindustry, Ningxia Buliding 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.


Ningxia Buliding Materials Group Co Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ningxia Buliding Materials Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHSE:600449
60GF Score
Ningxia Buliding Materials Group Co Ltd SHSE:600449
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningxia Buliding 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.

Ningxia Buliding Materials Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.09/13.26
=1.06

* 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.

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

For example, Ningxia Buliding 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)
=1.019/116.3033*116.3033
=1.019

Current CPI (Mar. 2026) = 116.3033.

Ningxia Buliding Materials Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.642 101.400 3.030
201609 2.646 102.400 3.005
201612 1.890 102.600 2.142
201703 1.090 103.200 1.228
201706 3.282 103.100 3.702
201709 3.013 104.100 3.366
201712 2.020 104.500 2.248
201803 0.739 105.300 0.816
201806 2.934 104.900 3.253
201809 2.845 106.600 3.104
201812 2.247 106.500 2.454
201903 1.034 107.700 1.117
201906 3.038 107.700 3.281
201909 3.426 109.800 3.629
201912 2.454 111.200 2.567
202003 0.793 112.300 0.821
202006 3.746 110.400 3.946
202009 3.570 111.700 3.717
202012 2.581 111.500 2.692
202103 1.217 112.662 1.256
202106 3.557 111.769 3.701
202109 3.894 112.215 4.036
202112 3.436 113.108 3.533
202203 2.001 114.335 2.035
202206 5.351 114.558 5.433
202209 6.260 115.339 6.312
202212 4.646 115.116 4.694
202303 1.764 115.116 1.782
202306 6.595 114.558 6.695
202309 6.622 115.339 6.677
202312 6.030 114.781 6.110
202403 3.037 115.227 3.065
202406 6.229 114.781 6.312
202409 5.271 115.785 5.295
202412 3.704 114.893 3.749
202503 2.088 115.116 2.110
202506 3.107 114.907 3.145
202509 3.080 115.471 3.102
202512 2.385 115.832 2.395
202603 1.019 116.303 1.019

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 1.06 mean?
Ningxia Buliding Materials Group Co (SHSE:600449) has a Cyclically Adjusted PS Ratio of 1.06 as of Aug. 06, 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 Ningxia Buliding Materials Group Co and its competitors. This is 10% below median its historical median of 1.18. Over the past decade, Ningxia Buliding Materials Group Co's Cyclically Adjusted PS Ratio has ranged from 0.75 to 1.93. According to the industry distribution chart, Ningxia Buliding Materials Group Co ranks #149 out of 324 companies in the Building Materials industry, placing it in the top 46%.
Is Ningxia Buliding Materials Group Co's Cyclically Adjusted PS Ratio too high?
Ningxia Buliding Materials Group Co's current Cyclically Adjusted PS Ratio of 1.06 is 10% below median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.93. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.00. Ningxia Buliding Materials Group Co's value of 1.06 is 6% above this industry median. Based on the distribution chart, Ningxia Buliding Materials Group Co ranks #149 out of 324 companies in the Building Materials industry, which is above the industry midpoint. Overall, Ningxia Buliding Materials Group Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningxia Buliding Materials Group Co's Cyclically Adjusted PS Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ningxia Buliding Materials Group Co ranks #149 out of 324 companies for Cyclically Adjusted PS Ratio. This puts Ningxia Buliding Materials Group Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.00. Ningxia Buliding Materials Group Co's value of 1.06 is 6% above this benchmark. Historically, Ningxia Buliding Materials Group Co's own Cyclically Adjusted PS Ratio has ranged from 0.75 to 1.93 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.00, Ningxia Buliding 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 Building Materials company?
The median Cyclically Adjusted PS Ratio among Building Materials companies is 1.00, based on 324 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. Ningxia Buliding Materials Group Co's current Cyclically Adjusted PS Ratio of 1.06 is 6% 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 Ningxia Buliding Materials Group Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PS Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningxia Buliding Materials Group Co's current Cyclically Adjusted PS Ratio is 1.06, which is 10% below median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningxia Buliding Materials Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningxia Buliding Materials Group Co (SHSE:600449) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.31, compared to a current price of ¥14.09 — trading 92.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.06, which is 10% below median its 10-year median of 1.18 and 6% above the Building Materials industry median of 1.00. Ningxia Buliding Materials Group Co's overall GF Score™ is 60/100 with 6 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 Ningxia Buliding Materials Group Co (SHSE:600449), the current Cyclically Adjusted PS Ratio is 1.06 as of Aug. 06, 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 Ningxia Buliding Materials Group Co (SHSE:600449) Overvalued in 2026?

Based on GuruFocus' analysis, Ningxia Buliding Materials Group Co stock appears to be overvalued. The current stock price of ¥14.09 is trading 92.7% above its estimated GF Value™ of ¥7.31. GuruFocus considers Ningxia Buliding Materials Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600449:

  • Cyclically Adjusted PS Ratio: 1.06 (10% below median its 10-year median of 1.18)
  • GF Value™: ¥7.31 vs. price of ¥14.09 (92.7% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 6% above the Building Materials median (#149 of 324)

No single metric tells the full story. See the SHSE:600449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningxia Buliding Materials Group Co Business Description

Address 2 kilometers from Xinxiao Line, Ningxia Hui Autonomous Region, Xixia District, Yinchuan, CHN, 750021
Ningxia Buliding Materials Group Co Ltd is engaged in research and development, production, sales, technical services and management services of cement, cement products, cement clinker, commercial concrete and related products. The company also engaged in import and export business of building materials products and related technology import and export business Production and sales of fly ash.
60GF Score

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

¥14.09
Price
¥7.31
GF Value