Medico Remedies (NSE:MEDICO) Cyclically Adjusted PB Ratio: 8.54 (As of Jul. 31, 2026) — Near Median

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NSE:MEDICO Medico Remedies Ltd NSE:MEDICO
84 GF Score
Price ₹48.87
GF Value ₹76.89
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Medico Remedies Cyclically Adjusted PB Ratio?

Medico Remedies NSE:MEDICO +2.80% 84 Cyclically Adjusted PB Ratio is 8.54 as of Jul. 31, 2026, which is 7% below its 10-year median of 9.18. GuruFocus rates NSE:MEDICO with a GF Score™ of 84/100 and a GF Value™ of ₹76.89 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 746 Drug Manufacturers companies, Medico Remedies ranks worse than 87.53% on this metric.

As of today (2026-07-31), Medico Remedies's current share price is ₹48.87. Medico Remedies's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹5.72. Medico Remedies's Cyclically Adjusted PB Ratio for today is 8.54.

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

NSE:MEDICO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.26   Med: 9.18   Max: 25.08
Current: 6.7

During the past 13 years, Medico Remedies's highest Cyclically Adjusted PB Ratio was 25.08. The lowest was 5.26. And the median was 9.18.

NSE:MEDICO's Cyclically Adjusted PB Ratio is ranked worse than
87.53% of 746 companies
in the Drug Manufacturers industry
Industry Median: 1.79 vs NSE:MEDICO: 6.70

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Medico Remedies's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹9.095. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹5.72 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medico Remedies  (NSE:MEDICO) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Medico Remedies Cyclically Adjusted PB Ratio Related Terms


Medico Remedies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Medico Remedies's Cyclically Adjusted PB 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.

Medico Remedies Cyclically Adjusted PB Ratio Chart

Medico Remedies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.52 20.51 11.59 10.71 5.73

Medico Remedies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB 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 10.71 0.00 0.00 0.00 5.73

NSE:MEDICO vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Medico Remedies's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Medico Remedies Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Medico Remedies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Medico Remedies's Cyclically Adjusted PB Ratio falls into.


NSE:MEDICO
84GF Score
Medico Remedies Ltd NSE:MEDICO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Medico Remedies Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Medico Remedies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=48.87/5.72
=8.54

* 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.

Medico Remedies's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Medico Remedies's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=9.095/164.2724*164.2724
=9.095

Current CPI (Mar26) = 164.2724.

Medico Remedies Annual Data

Book Value per Share CPI Adj_Book
201703 1.973 105.196 3.081
201803 3.213 109.786 4.808
201903 3.403 118.202 4.729
202003 3.599 124.705 4.741
202103 3.835 131.771 4.781
202203 4.407 138.822 5.215
202303 5.283 146.865 5.909
202403 6.311 153.035 6.774
202503 7.528 157.552 7.849
202603 9.095 164.272 9.095

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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 PB Ratio of 8.54 mean?
Medico Remedies (NSE:MEDICO) has a Cyclically Adjusted PB Ratio of 8.54 as of Jul. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Medico Remedies and its competitors. This is near median its historical median of 9.18. Over the past decade, Medico Remedies' Cyclically Adjusted PB Ratio has ranged from 5.26 to 25.08. According to the industry distribution chart, Medico Remedies ranks #653 out of 746 companies in the Drug Manufacturers industry, placing it in the top 87.5%.
Is Medico Remedies' Cyclically Adjusted PB Ratio too high?
Medico Remedies' current Cyclically Adjusted PB Ratio of 8.54 is near median its 10-year median of 9.18. Over the past 10 years, this metric has ranged from a low of 5.26 to a high of 25.08. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.79. Medico Remedies' value of 8.54 is 377.1% above this industry median. Based on the distribution chart, Medico Remedies ranks #653 out of 746 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Medico Remedies has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medico Remedies' Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Medico Remedies ranks #653 out of 746 companies for Cyclically Adjusted PB Ratio. This places Medico Remedies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Medico Remedies' value of 8.54 is 377.1% above this benchmark. Historically, Medico Remedies' own Cyclically Adjusted PB Ratio has ranged from 5.26 to 25.08 over the past decade. While the company's 10-year median is 9.18 vs. the industry median of 1.79, Medico Remedies 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 PB Ratio for a Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.79, based on 746 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Medico Remedies's current Cyclically Adjusted PB Ratio of 8.54 is 377.1% 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 PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Medico Remedies and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medico Remedies's current Cyclically Adjusted PB Ratio is 8.54, which is near median its own 10-year median of 9.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medico Remedies stock overvalued right now?
Based on GuruFocus' analysis, Medico Remedies (NSE:MEDICO) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹76.89, compared to a current price of ₹48.87 — trading 36.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.54, which is near median its 10-year median of 9.18 and 377.1% above the Drug Manufacturers industry median of 1.79. Medico Remedies' overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Medico Remedies (NSE:MEDICO), the current Cyclically Adjusted PB Ratio is 8.54 as of Jul. 31, 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 Medico Remedies (NSE:MEDICO) Overvalued in 2026?

Based on GuruFocus' analysis, Medico Remedies stock appears to be undervalued. The current stock price of ₹48.87 is trading 36.4% below its estimated GF Value™ of ₹76.89. GuruFocus considers Medico Remedies to be Significantly Undervalued.

Key valuation signals for NSE:MEDICO:

  • Cyclically Adjusted PB Ratio: 8.54 (near median its 10-year median of 9.18)
  • GF Value™: ₹76.89 vs. price of ₹48.87 (36.4% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 377.1% above the Drug Manufacturers median (#653 of 746)

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


Medico Remedies Business Description

Other Exchanges 540937:India
Address N. S. Phadke Marg, Opposite Teligali, 1105/1106, 11th Floor, Hubtown Solaris, Andheri (East), Mumbai, MH, IND, 400069
Medico Remedies Ltd is a manufacturer, supplier, and exporter of pharmaceutical drugs. It operates in single segment single segment of manufacturing medicines including Antihy pertensive Antidiabetics Antibictics Diuretics, Antimalarials, NSAIDS Tablets, Antireterovirals, Anti-Ulcer Drugs and Antacids Tablets, so many drugs used for treatment of so many diseases for oral use as well as external preparations like creams & ointments which includes anti infectives ,antifungals ,antibiotics ,steroidal preparations etc. In addition, it also sells other drugs such as antihistaminic, antidiabetics, cardiovascular drugs, diuretics, anti-epileptics, combination drug kits, syrups and cream, and gel for various therapeutic segments.
84GF Score

Get the complete analysis for NSE:MEDICO

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

₹48.87
Price
₹76.89
GF Value