The invention discloses a novel overflow valve. The novel overflow valve comprises a valve body, a valve core, a valve seat, a valve cover, an adjusting stud, an adjusting nut, an adjusting cap, a flange, a left spring seat, a right spring seat and a spring, wherein the valve core comprises five sections which are a hemispherical section, a circular truncated cone-shaped section A, a cylinder connection section, a circular truncated cone-shaped section B and a guide cylinder section from the left part to the right part in sequence; a hemispherical groove is formed in the outer surface of the circular truncated cone-shaped section A; a radial through-flow hole A and a radial through-flow hole B are formed in the cylinder connection section; the radial through-flow hole A and the radial through-flow hole B are vertically formed in the cylinder connection section; a guide circular groove is formed in the guide cylinder section; an axial through-flow hole is formed in the valve core in the center line direction; one end of the axial through-flow hole is communicated with the outer part of the guide cylinder section, and the other end of the axial through-flow hole is communicated with the radial through-flow hole A; an elastic gasket is mounted in a position where the valve seat is connected with the valve cover. The novel overflow valve can reduce gas etching, lower vibration and noise, and improve the sealing performance.