Choksi Laboratories (BOM:526546) Cyclically Adjusted PS Ratio: 2.69 (As of Sep. 04, 2026) — 154% Above Median

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BOM:526546 Choksi Laboratories Ltd BOM:526546
51 GF Score
Price ₹166.40
GF Value ₹109.07
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Choksi Laboratories Cyclically Adjusted PS Ratio?

Choksi Laboratories BOM:526546 +4.83% 51 Cyclically Adjusted PS Ratio is 2.69 as of Sep. 04, 2026, which is 154% above its 10-year median of 1.06. GuruFocus rates BOM:526546 with a GF Score™ of 51/100 and a GF Value™ of ₹109.07 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 135 Medical Diagnostics & Research companies, Choksi Laboratories ranks worse than 54.81% on this metric.

As of today (2026-09-04), Choksi Laboratories's current share price is ₹166.40. Choksi Laboratories's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹61.94. Choksi Laboratories's Cyclically Adjusted PS Ratio for today is 2.69.

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

BOM:526546' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 1.06   Max: 3.81
Current: 2.69

During the past years, Choksi Laboratories's highest Cyclically Adjusted PS Ratio was 3.81. The lowest was 0.17. And the median was 1.06.

BOM:526546's Cyclically Adjusted PS Ratio is ranked worse than
54.81% of 135 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.1 vs BOM:526546: 2.69

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.

Choksi Laboratories's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹17.399. 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 ₹61.94 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Choksi Laboratories  (BOM:526546) 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.


Choksi Laboratories Cyclically Adjusted PS Ratio Related Terms


Choksi Laboratories Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Choksi Laboratories'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.

Choksi Laboratories Cyclically Adjusted PS Ratio Chart

Choksi Laboratories Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.65 0.78 2.13 1.72

Choksi Laboratories 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 3.27 3.27 2.16 1.72 2.00

BOM:526546 vs TMO, DHR, NTRA: Cyclically Adjusted PS Ratio Comparison

For the Diagnostics & Research subindustry, Choksi Laboratories'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.


Choksi Laboratories Cyclically Adjusted PS Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Choksi Laboratories's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:526546
51GF Score
Choksi Laboratories Ltd BOM:526546
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Choksi Laboratories 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.

Choksi Laboratories's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=166.40/61.94
=2.69

* 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.

Choksi Laboratories's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Choksi Laboratories'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)
=17.399/167.3573*167.3573
=17.399

Current CPI (Jun. 2026) = 167.3573.

Choksi Laboratories Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 10.775 105.961 17.018
201612 9.331 105.196 14.845
201703 12.649 105.196 20.123
201706 9.259 107.109 14.467
201709 10.418 109.021 15.993
201712 12.631 109.404 19.322
201803 18.250 109.786 27.820
201806 11.721 111.317 17.622
201809 12.117 115.142 17.612
201812 11.678 115.142 16.974
201903 13.077 118.202 18.515
201906 11.600 120.880 16.060
201909 10.057 123.175 13.664
201912 9.684 126.235 12.839
202003 9.021 124.705 12.106
202006 6.923 127.000 9.123
202009 10.589 130.118 13.620
202012 8.864 130.889 11.334
202103 10.586 131.771 13.445
202106 7.631 134.084 9.525
202109 10.295 135.847 12.683
202112 10.307 138.161 12.485
202203 14.518 138.822 17.502
202206 11.848 142.347 13.930
202209 12.122 144.661 14.024
202212 11.270 145.763 12.940
202303 14.092 146.865 16.058
202306 12.581 150.280 14.011
202309 11.692 151.492 12.916
202312 12.685 152.924 13.882
202403 16.222 153.035 17.740
202406 15.311 155.789 16.448
202409 13.494 157.882 14.304
202412 14.723 158.323 15.563
202503 16.332 157.552 17.348
202506 16.060 159.755 16.824
202509 16.072 162.289 16.574
202512 15.693 163.281 16.085
202603 18.357 164.272 18.702
202606 17.399 167.357 17.399

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 2.69 mean?
Choksi Laboratories (BOM:526546) has a Cyclically Adjusted PS Ratio of 2.69 as of Sep. 04, 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 Choksi Laboratories and its competitors. This is 154% above median its historical median of 1.06. Over the past decade, Choksi Laboratories' Cyclically Adjusted PS Ratio has ranged from 0.17 to 3.81. According to the industry distribution chart, Choksi Laboratories ranks #74 out of 135 companies in the Medical Diagnostics & Research industry, placing it in the top 54.8%.
Is Choksi Laboratories' Cyclically Adjusted PS Ratio too high?
Choksi Laboratories' current Cyclically Adjusted PS Ratio of 2.69 is 154% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 3.81. The Medical Diagnostics & Research industry median Cyclically Adjusted PS Ratio is 2.10. Choksi Laboratories' value of 2.69 is 28.1% above this industry median. Based on the distribution chart, Choksi Laboratories ranks #74 out of 135 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Choksi Laboratories has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Choksi Laboratories' Cyclically Adjusted PS Ratio compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Choksi Laboratories ranks #74 out of 135 companies for Cyclically Adjusted PS Ratio. This places Choksi Laboratories in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.10. Choksi Laboratories' value of 2.69 is 28.1% above this benchmark. Historically, Choksi Laboratories' own Cyclically Adjusted PS Ratio has ranged from 0.17 to 3.81 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 2.10, Choksi Laboratories 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 Medical Diagnostics & Research company?
The median Cyclically Adjusted PS Ratio among Medical Diagnostics & Research companies is 2.10, based on 135 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. Choksi Laboratories's current Cyclically Adjusted PS Ratio of 2.69 is 28.1% 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 Choksi Laboratories and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PS Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choksi Laboratories's current Cyclically Adjusted PS Ratio is 2.69, which is 154% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choksi Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Choksi Laboratories (BOM:526546) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹109.07, compared to a current price of ₹166.40 — trading 52.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.69, which is 154% above median its 10-year median of 1.06 and 28.1% above the Medical Diagnostics & Research industry median of 2.10. Choksi Laboratories' overall GF Score™ is 51/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Choksi Laboratories (BOM:526546), the current Cyclically Adjusted PS Ratio is 2.69 as of Sep. 04, 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 Choksi Laboratories (BOM:526546) Overvalued in 2026?

Based on GuruFocus' analysis, Choksi Laboratories stock appears to be overvalued. The current stock price of ₹166.40 is trading 52.6% above its estimated GF Value™ of ₹109.07. GuruFocus considers Choksi Laboratories to be Significantly Overvalued.

Key valuation signals for BOM:526546:

  • Cyclically Adjusted PS Ratio: 2.69 (154% above median its 10-year median of 1.06)
  • GF Value™: ₹109.07 vs. price of ₹166.40 (52.6% above fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 28.1% above the Medical Diagnostics & Research median (#74 of 135)

No single metric tells the full story. See the BOM:526546 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Choksi Laboratories Business Description

Address Survey no. 9/1, Near Tulsiyana Industrial Park, Gram Kumerdi, Indore, MP, IND, 452010
Choksi Laboratories Ltd is an analysis and research company. The company provides contract testing and analytical services. The Company analyzes for its clients as a regulatory requirement pharmaceuticals, food and agricultural products, construction materials, chemicals, Calibration and environment Monitoring services.
51GF Score

Get the complete analysis for BOM:526546

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

₹166.40
Price
₹109.07
GF Value