Strides Pharma Science (NSE:STAR) Cyclically Adjusted PB Ratio: 3.03 (As of Jul. 16, 2026) — 166% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:STAR Strides Pharma Science Ltd NSE:STAR
68 GF Score
Price ₹1,059.60
GF Value ₹781.13
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Strides Pharma Science Cyclically Adjusted PB Ratio?

Strides Pharma Science NSE:STAR -1.07% 68 Cyclically Adjusted PB Ratio is 3.03 as of Jul. 16, 2026, which is 166% above its 10-year median of 1.14. GuruFocus rates NSE:STAR with a GF Score™ of 68/100 and a GF Value™ of ₹781.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 759 Drug Manufacturers companies, Strides Pharma Science ranks worse than 67.72% on this metric.

As of today (2026-07-16), Strides Pharma Science's current share price is ₹1059.60. Strides Pharma Science's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹349.68. Strides Pharma Science's Cyclically Adjusted PB Ratio for today is 3.03.

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

NSE:STAR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.14   Max: 3.31
Current: 3.1

During the past years, Strides Pharma Science's highest Cyclically Adjusted PB Ratio was 3.31. The lowest was 0.36. And the median was 1.14.

NSE:STAR's Cyclically Adjusted PB Ratio is ranked worse than
67.72% of 759 companies
in the Drug Manufacturers industry
Industry Median: 1.82 vs NSE:STAR: 3.10

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.

Strides Pharma Science's adjusted book value per share data for the three months ended in Mar. 2026 was ₹337.145. 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 ₹349.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Strides Pharma Science  (NSE:STAR) 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.


Strides Pharma Science Cyclically Adjusted PB Ratio Related Terms


Strides Pharma Science Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Strides Pharma Science'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.

Strides Pharma Science Cyclically Adjusted PB Ratio Chart

Strides Pharma Science 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 0.47 0.36 1.02 1.95 2.68

Strides Pharma Science 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 1.95 0.00 2.33 0.00 2.68

NSE:STAR vs ZTS, UTHR: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Strides Pharma Science'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.


Strides Pharma Science Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

* The bar in red indicates where Strides Pharma Science's Cyclically Adjusted PB Ratio falls into.


NSE:STAR
68GF Score
Strides Pharma Science Ltd NSE:STAR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Strides Pharma Science 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.

Strides Pharma Science's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1059.60/349.68
=3.03

* 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.

Strides Pharma Science's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Strides Pharma Science's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=337.145/164.2724*164.2724
=337.145

Current CPI (Mar. 2026) = 164.2724.

Strides Pharma Science Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 290.006 105.961 449.599
201612 0.000 105.196 0.000
201703 307.960 105.196 480.905
201706 0.000 107.109 0.000
201709 303.658 109.021 457.549
201712 0.000 109.404 0.000
201803 275.269 109.786 411.883
201806 0.000 111.317 0.000
201809 264.059 115.142 376.732
201812 0.000 115.142 0.000
201903 295.783 118.202 411.067
201906 0.000 120.880 0.000
201909 290.109 123.175 386.904
201912 0.000 126.235 0.000
202003 282.188 124.705 371.723
202006 0.000 127.000 0.000
202009 300.004 130.118 378.752
202012 0.000 130.889 0.000
202103 309.615 131.771 385.983
202106 0.000 134.084 0.000
202109 267.951 135.847 324.019
202112 0.000 138.161 0.000
202203 262.750 138.822 310.921
202206 0.000 142.347 0.000
202209 258.209 144.661 293.214
202212 0.000 145.763 0.000
202303 244.982 146.865 274.020
202306 0.000 150.280 0.000
202309 227.327 151.492 246.505
202312 0.000 152.924 0.000
202403 231.291 153.035 248.276
202406 0.000 155.789 0.000
202409 247.006 157.882 257.003
202412 0.000 158.323 0.000
202503 276.882 157.552 288.693
202506 0.000 159.755 0.000
202509 298.986 162.289 302.640
202512 0.000 163.281 0.000
202603 337.145 164.272 337.145

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 3.03 mean?
Strides Pharma Science (NSE:STAR) has a Cyclically Adjusted PB Ratio of 3.03 as of Jul. 16, 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 Strides Pharma Science and its competitors. This is 166% above median its historical median of 1.14. Over the past decade, Strides Pharma Science's Cyclically Adjusted PB Ratio has ranged from 0.36 to 3.31. According to the industry distribution chart, Strides Pharma Science ranks #514 out of 759 companies in the Drug Manufacturers industry, placing it in the top 67.7%.
Is Strides Pharma Science's Cyclically Adjusted PB Ratio too high?
Strides Pharma Science's current Cyclically Adjusted PB Ratio of 3.03 is 166% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 3.31. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.82. Strides Pharma Science's value of 3.03 is 66.5% above this industry median. Based on the distribution chart, Strides Pharma Science ranks #514 out of 759 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Strides Pharma Science has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Strides Pharma Science's Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Strides Pharma Science ranks #514 out of 759 companies for Cyclically Adjusted PB Ratio. This places Strides Pharma Science in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.82. Strides Pharma Science's value of 3.03 is 66.5% above this benchmark. Historically, Strides Pharma Science's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 3.31 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.82, Strides Pharma Science 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 1.82, based on 759 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. Strides Pharma Science's current Cyclically Adjusted PB Ratio of 3.03 is 66.5% 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 Strides Pharma Science and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strides Pharma Science's current Cyclically Adjusted PB Ratio is 3.03, which is 166% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strides Pharma Science stock overvalued right now?
Based on GuruFocus' analysis, Strides Pharma Science (NSE:STAR) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹781.13, compared to a current price of ₹1,059.60 — trading 35.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.03, which is 166% above median its 10-year median of 1.14 and 66.5% above the Drug Manufacturers industry median of 1.82. Strides Pharma Science's overall GF Score™ is 68/100 with 4 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 Strides Pharma Science (NSE:STAR), the current Cyclically Adjusted PB Ratio is 3.03 as of Jul. 16, 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 Strides Pharma Science (NSE:STAR) Overvalued in 2026?

Based on GuruFocus' analysis, Strides Pharma Science stock appears to be overvalued. The current stock price of ₹1,059.60 is trading 35.6% above its estimated GF Value™ of ₹781.13. GuruFocus considers Strides Pharma Science to be Significantly Overvalued.

Key valuation signals for NSE:STAR:

  • Cyclically Adjusted PB Ratio: 3.03 (166% above median its 10-year median of 1.14)
  • GF Value™: ₹781.13 vs. price of ₹1,059.60 (35.6% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 66.5% above the Drug Manufacturers median (#514 of 759)

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


Strides Pharma Science Business Description

Other Exchanges 532531:India
Address Bannerghatta Road, Strides House, Bilekahalli, Bengaluru, KA, IND, 560076
Strides Pharma Science Ltd develops and manufactures a wide range of IP-led niche pharmaceutical products. Its diverse portfolio spans complex generics across multiple dosage forms, including tablets, hard capsules, sachets, liquids, nasal sprays, topicals, and controlled substances. It also manufactures drugs in the anti-retroviral, anti-malarial, anti-tuberculosis, Hepatitis, and other infectious disease drug segments for its institutional business. The customers for this business include institutionally funded aid projects and procurement agencies. With its R&D, integration, and distribution network, the company brings differentiated products to market across the U.S., Australia, Europe, Africa, and Emerging Markets. Geographically, it generates maximum revenue from North America.
68GF Score

Get the complete analysis for NSE:STAR

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

₹1,059.60
Price
₹781.13
GF Value