Nantong Acetic Acid Chemical Co (SHSE:603968) Cyclically Adjusted PS Ratio: 0.85 (As of Sep. 01, 2026) — 10% Below Median

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SHSE:603968 Nantong Acetic Acid Chemical Co Ltd SHSE:603968
65 GF Score
Price ¥11.02
GF Value ¥10.61
Valuation Fairly Valued
! 6 Warning Signs
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What is Nantong Acetic Acid Chemical Co Cyclically Adjusted PS Ratio?

Nantong Acetic Acid Chemical Co SHSE:603968 +1.10% 65 Cyclically Adjusted PS Ratio is 0.85 as of Sep. 01, 2026, which is 10% below its 10-year median of 0.94. GuruFocus rates SHSE:603968 with a GF Score™ of 65/100 and a GF Value™ of ¥10.61 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,269 Chemicals companies, Nantong Acetic Acid Chemical Co ranks better than 64.46% on this metric.

As of today (2026-09-01), Nantong Acetic Acid Chemical Co's current share price is ¥11.02. Nantong Acetic Acid Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥12.91. Nantong Acetic Acid Chemical Co's Cyclically Adjusted PS Ratio for today is 0.85.

The historical rank and industry rank for Nantong Acetic Acid Chemical Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603968' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.94   Max: 1.64
Current: 0.84

During the past years, Nantong Acetic Acid Chemical Co's highest Cyclically Adjusted PS Ratio was 1.64. The lowest was 0.68. And the median was 0.94.

SHSE:603968's Cyclically Adjusted PS Ratio is ranked better than
64.46% of 1269 companies
in the Chemicals industry
Industry Median: 1.34 vs SHSE:603968: 0.84

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.

Nantong Acetic Acid Chemical Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥3.771. 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 ¥12.91 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nantong Acetic Acid Chemical Co  (SHSE:603968) 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.


Nantong Acetic Acid Chemical Co Cyclically Adjusted PS Ratio Related Terms


Nantong Acetic Acid Chemical Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nantong Acetic Acid Chemical 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.

Nantong Acetic Acid Chemical Co Cyclically Adjusted PS Ratio Chart

Nantong Acetic Acid Chemical 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 0.00 0.00 1.19 0.77 0.89

Nantong Acetic Acid Chemical 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 0.93 0.97 0.89 1.00 0.72

SHSE:603968 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Nantong Acetic Acid Chemical 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.


Nantong Acetic Acid Chemical Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nantong Acetic Acid Chemical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nantong Acetic Acid Chemical Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603968
65GF Score
Nantong Acetic Acid Chemical Co Ltd SHSE:603968
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nantong Acetic Acid Chemical 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.

Nantong Acetic Acid Chemical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.02/12.91
=0.85

* 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.

Nantong Acetic Acid Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nantong Acetic Acid Chemical 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)
=3.771/116.0564*116.0564
=3.771

Current CPI (Jun. 2026) = 116.0564.

Nantong Acetic Acid Chemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.527 102.400 1.731
201612 1.873 102.600 2.119
201703 2.069 103.200 2.327
201706 1.701 103.100 1.915
201709 1.903 104.100 2.122
201712 2.508 104.500 2.785
201803 2.461 105.300 2.712
201806 2.546 104.900 2.817
201809 2.298 106.600 2.502
201812 2.589 106.500 2.821
201903 2.594 107.700 2.795
201906 2.593 107.700 2.794
201909 2.726 109.800 2.881
201912 3.089 111.200 3.224
202003 2.431 112.300 2.512
202006 3.262 110.400 3.429
202009 2.999 111.700 3.116
202012 3.084 111.500 3.210
202103 3.132 112.662 3.226
202106 3.771 111.769 3.916
202109 3.443 112.215 3.561
202112 4.322 113.108 4.435
202203 4.513 114.335 4.581
202206 4.626 114.558 4.687
202209 4.459 115.339 4.487
202212 3.962 115.116 3.994
202303 3.879 115.116 3.911
202306 3.827 114.558 3.877
202309 3.712 115.339 3.735
202312 2.758 114.781 2.789
202403 3.424 115.227 3.449
202406 3.727 114.781 3.768
202409 3.390 115.785 3.398
202412 3.638 114.893 3.675
202503 3.319 115.116 3.346
202506 3.438 114.907 3.472
202509 2.887 115.471 2.902
202512 3.125 115.832 3.131
202603 3.150 116.303 3.143
202606 3.771 116.056 3.771

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 0.85 mean?
Nantong Acetic Acid Chemical Co (SHSE:603968) has a Cyclically Adjusted PS Ratio of 0.85 as of Sep. 01, 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 Nantong Acetic Acid Chemical Co and its competitors. This is 10% below median its historical median of 0.94. Over the past decade, Nantong Acetic Acid Chemical Co's Cyclically Adjusted PS Ratio has ranged from 0.68 to 1.64. According to the industry distribution chart, Nantong Acetic Acid Chemical Co ranks #451 out of 1269 companies in the Chemicals industry, placing it in the top 35.5%.
Is Nantong Acetic Acid Chemical Co's Cyclically Adjusted PS Ratio too high?
Nantong Acetic Acid Chemical Co's current Cyclically Adjusted PS Ratio of 0.85 is 10% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.64. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. Nantong Acetic Acid Chemical Co's value of 0.85 is 36.6% below this industry median. Based on the distribution chart, Nantong Acetic Acid Chemical Co ranks #451 out of 1269 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nantong Acetic Acid Chemical Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nantong Acetic Acid Chemical Co's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nantong Acetic Acid Chemical Co ranks #451 out of 1269 companies for Cyclically Adjusted PS Ratio. This puts Nantong Acetic Acid Chemical Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Nantong Acetic Acid Chemical Co's value of 0.85 is 36.6% below this benchmark. Historically, Nantong Acetic Acid Chemical Co's own Cyclically Adjusted PS Ratio has ranged from 0.68 to 1.64 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.34, Nantong Acetic Acid Chemical Co 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 1.34, based on 1,269 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. Nantong Acetic Acid Chemical Co's current Cyclically Adjusted PS Ratio of 0.85 is 36.6% 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 Nantong Acetic Acid Chemical Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nantong Acetic Acid Chemical Co's current Cyclically Adjusted PS Ratio is 0.85, which is 10% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nantong Acetic Acid Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nantong Acetic Acid Chemical Co (SHSE:603968) is currently considered Fairly Valued. The stock's GF Value™ is ¥10.61, compared to a current price of ¥11.02 — trading 3.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.85, which is 10% below median its 10-year median of 0.94 and 36.6% below the Chemicals industry median of 1.34. Nantong Acetic Acid Chemical Co's overall GF Score™ is 65/100 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 Nantong Acetic Acid Chemical Co (SHSE:603968), the current Cyclically Adjusted PS Ratio is 0.85 as of Sep. 01, 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 Nantong Acetic Acid Chemical Co (SHSE:603968) Overvalued in 2026?

Based on GuruFocus' analysis, Nantong Acetic Acid Chemical Co stock appears to be overvalued. The current stock price of ¥11.02 is trading 3.9% above its estimated GF Value™ of ¥10.61. GuruFocus considers Nantong Acetic Acid Chemical Co to be Fairly Valued.

Key valuation signals for SHSE:603968:

  • Cyclically Adjusted PS Ratio: 0.85 (10% below median its 10-year median of 0.94)
  • GF Value™: ¥10.61 vs. price of ¥11.02 (3.9% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 36.6% below the Chemicals median (#451 of 1269)

No single metric tells the full story. See the SHSE:603968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nantong Acetic Acid Chemical Co Business Description

Address Nantong Economic and Technological Development Zone, 968 Jiangshan Road, Jiangsu, CHN, 226009
Nantong Acetic Acid Chemical Co Ltd deals in food and feed additives, pharmaceutical and pesticide intermediates, dye and pigment intermediates, and organic chemical raw materials. The product portfolio includes - sorbic acid, potassium sorbate, dehydroacetic acid, nicotinic acid, clopidol, methyl acetoacetate, acetoacetanilide, and others.
65GF Score

Get the complete analysis for SHSE:603968

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

¥11.02
Price
¥10.61
GF Value