NanoXplore (TSX:GRA) Cyclically Adjusted PS Ratio: 2.28 (As of Jul. 28, 2026) — 53% Below Median

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TSX:GRA NanoXplore Inc TSX:GRA
67 GF Score
Price C$1.46
GF Value C$2.17
Valuation Possible Value Trap
! 3 Warning Signs
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What is NanoXplore Cyclically Adjusted PS Ratio?

NanoXplore TSX:GRA -1.35% 67 Cyclically Adjusted PS Ratio is 2.28 as of Jul. 28, 2026, which is 53% below its 10-year median of 4.88. GuruFocus rates TSX:GRA with a GF Score™ of 67/100 and a GF Value™ of C$2.17 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,277 Chemicals companies, NanoXplore ranks worse than 70.4% on this metric.

As of today (2026-07-28), NanoXplore's current share price is C$1.46. NanoXplore's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$0.64. NanoXplore's Cyclically Adjusted PS Ratio for today is 2.28.

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

TSX:GRA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.28   Med: 4.88   Max: 107.5
Current: 2.32

During the past years, NanoXplore's highest Cyclically Adjusted PS Ratio was 107.50. The lowest was 2.28. And the median was 4.88.

TSX:GRA's Cyclically Adjusted PS Ratio is ranked worse than
70.4% of 1277 companies
in the Chemicals industry
Industry Median: 1.28 vs TSX:GRA: 2.32

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.

NanoXplore's adjusted revenue per share data for the three months ended in Mar. 2026 was C$0.174. 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 C$0.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NanoXplore  (TSX:GRA) 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.


NanoXplore Cyclically Adjusted PS Ratio Related Terms


NanoXplore Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NanoXplore'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.

NanoXplore Cyclically Adjusted PS Ratio Chart

NanoXplore Annual Data
Trend Mar16 Mar17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.98 6.50 5.80 4.11 3.83

NanoXplore 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 3.84 3.83 4.57 4.08 3.24

TSX:GRA vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, NanoXplore'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.


NanoXplore Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, NanoXplore's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSX:GRA
67GF Score
NanoXplore Inc TSX:GRA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NanoXplore 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.46/0.64
=2.28

* 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.

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

For example, NanoXplore'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)
=0.174/132.2623*132.2623
=0.174

Current CPI (Mar. 2026) = 132.2623.

NanoXplore Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.009 103.345 0.012
201712 0.022 103.345 0.028
201803 0.037 105.004 0.047
201806 0.037 105.557 0.046
201809 0.044 105.636 0.055
201812 0.235 105.399 0.295
201903 0.190 106.979 0.235
201906 0.197 107.690 0.242
201909 0.168 107.611 0.206
201912 0.144 107.769 0.177
202003 0.120 107.927 0.147
202006 0.075 108.401 0.092
202009 0.094 108.164 0.115
202012 0.114 108.559 0.139
202103 0.116 110.298 0.139
202106 0.124 111.720 0.147
202109 0.113 112.905 0.132
202112 0.116 113.774 0.135
202203 0.174 117.646 0.196
202206 0.170 120.806 0.186
202209 0.164 120.648 0.180
202212 0.190 120.964 0.208
202303 0.187 122.702 0.202
202306 0.195 124.203 0.208
202309 0.169 125.230 0.178
202312 0.169 125.072 0.179
202403 0.197 126.258 0.206
202406 0.221 127.522 0.229
202409 0.195 127.285 0.203
202412 0.191 127.364 0.198
202503 0.171 129.181 0.175
202506 0.183 129.892 0.186
202509 0.135 130.287 0.137
202512 0.151 130.366 0.153
202603 0.174 132.262 0.174

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 2.28 mean?
NanoXplore (TSX:GRA) has a Cyclically Adjusted PS Ratio of 2.28 as of Jul. 28, 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 NanoXplore and its competitors. This is 53% below median its historical median of 4.88. Over the past decade, NanoXplore's Cyclically Adjusted PS Ratio has ranged from 2.28 to 107.50. According to the industry distribution chart, NanoXplore ranks #899 out of 1277 companies in the Chemicals industry, placing it in the top 70.4%.
Is NanoXplore's Cyclically Adjusted PS Ratio too high?
NanoXplore's current Cyclically Adjusted PS Ratio of 2.28 is 53% below median its 10-year median of 4.88. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 107.50. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.28. NanoXplore's value of 2.28 is 78.1% above this industry median. Based on the distribution chart, NanoXplore ranks #899 out of 1277 companies in the Chemicals industry, which is below the industry midpoint. Overall, NanoXplore has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NanoXplore's Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, NanoXplore ranks #899 out of 1277 companies for Cyclically Adjusted PS Ratio. This places NanoXplore in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.28. NanoXplore's value of 2.28 is 78.1% above this benchmark. Historically, NanoXplore's own Cyclically Adjusted PS Ratio has ranged from 2.28 to 107.50 over the past decade. While the company's 10-year median is 4.88 vs. the industry median of 1.28, NanoXplore 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.28, based on 1,277 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. NanoXplore's current Cyclically Adjusted PS Ratio of 2.28 is 78.1% 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 NanoXplore and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NanoXplore's current Cyclically Adjusted PS Ratio is 2.28, which is 53% below median its own 10-year median of 4.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NanoXplore stock overvalued right now?
Based on GuruFocus' analysis, NanoXplore (TSX:GRA) is currently considered Possible Value Trap. The stock's GF Value™ is C$2.17, compared to a current price of C$1.46 — trading 32.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.28, which is 53% below median its 10-year median of 4.88 and 78.1% above the Chemicals industry median of 1.28. NanoXplore's overall GF Score™ is 67/100 with 3 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 NanoXplore (TSX:GRA), the current Cyclically Adjusted PS Ratio is 2.28 as of Jul. 28, 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 NanoXplore (TSX:GRA) Overvalued in 2026?

Based on GuruFocus' analysis, NanoXplore stock appears to be undervalued. The current stock price of C$1.46 is trading 32.7% below its estimated GF Value™ of C$2.17. GuruFocus considers NanoXplore to be Possible Value Trap.

Key valuation signals for TSX:GRA:

  • Cyclically Adjusted PS Ratio: 2.28 (53% below median its 10-year median of 4.88)
  • GF Value™: C$2.17 vs. price of C$1.46 (32.7% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 78.1% above the Chemicals median (#899 of 1277)

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


NanoXplore Business Description

Other Exchanges NNXPF:USAN13:Germany
Address 4500 Thimens Boulevard, Montreal, QC, CAN, H4R 2P2
NanoXplore Inc is a graphene company, manufacturer, and supplier of high-volume graphene powder for use in industrial markets. The company provides graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. It is also a silicon-graphene-enhanced Li-ion battery manufacturer for the Electric Vehicle (EV) and grid storage markets. The company has two reportable segments based on products: Advanced materials, plastics and composite products and Battery cells. Key revenue is generated from Advanced materials, plastics and composite products, which include standard and custom graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, etc.
67GF Score

Get the complete analysis for TSX:GRA

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

C$1.46
Price
C$2.17
GF Value