Shilpa Medicare (BOM:530549) Cyclically Adjusted PS Ratio: 12.43 (As of Sep. 03, 2026) — 183% Above Median

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BOM:530549 Shilpa Medicare Ltd BOM:530549
72 GF Score
Price ₹928.30
GF Value ₹454.62
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Shilpa Medicare Cyclically Adjusted PS Ratio?

Shilpa Medicare BOM:530549 +4.40% 72 Cyclically Adjusted PS Ratio is 12.43 as of Sep. 03, 2026, which is 183% above its 10-year median of 4.40. GuruFocus rates BOM:530549 with a GF Score™ of 72/100 and a GF Value™ of ₹454.62 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 750 Drug Manufacturers companies, Shilpa Medicare ranks worse than 93.6% on this metric.

As of today (2026-09-03), Shilpa Medicare's current share price is ₹928.30. Shilpa Medicare's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹74.69. Shilpa Medicare's Cyclically Adjusted PS Ratio for today is 12.43.

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

BOM:530549' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.8   Med: 4.4   Max: 12.11
Current: 12.11

During the past years, Shilpa Medicare's highest Cyclically Adjusted PS Ratio was 12.11. The lowest was 1.80. And the median was 4.40.

BOM:530549's Cyclically Adjusted PS Ratio is ranked worse than
93.6% of 750 companies
in the Drug Manufacturers industry
Industry Median: 2.05 vs BOM:530549: 12.11

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.

Shilpa Medicare's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹23.825. 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 ₹74.69 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shilpa Medicare  (BOM:530549) 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.


Shilpa Medicare Cyclically Adjusted PS Ratio Related Terms


Shilpa Medicare Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shilpa Medicare'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.

Shilpa Medicare Cyclically Adjusted PS Ratio Chart

Shilpa Medicare 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 3.39 1.80 3.45 4.78 4.80

Shilpa Medicare 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 6.27 5.27 4.46 4.80 8.01

BOM:530549 vs ZTS: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Shilpa Medicare'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.


Shilpa Medicare Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shilpa Medicare's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:530549
72GF Score
Shilpa Medicare Ltd BOM:530549
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shilpa Medicare 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.

Shilpa Medicare's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=928.30/74.69
=12.43

* 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.

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

For example, Shilpa Medicare'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)
=23.825/167.3573*167.3573
=23.825

Current CPI (Jun. 2026) = 167.3573.

Shilpa Medicare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 14.079 105.961 22.237
201612 11.092 105.196 17.646
201703 13.291 105.196 21.145
201706 10.363 107.109 16.192
201709 12.575 109.021 19.304
201712 11.378 109.404 17.405
201803 15.209 109.786 23.184
201806 12.164 111.317 18.288
201809 9.944 115.142 14.453
201812 10.637 115.142 15.461
201903 9.515 118.202 13.472
201906 9.868 120.880 13.662
201909 17.786 123.175 24.166
201912 14.518 126.235 19.247
202003 12.955 124.705 17.386
202006 13.672 127.000 18.017
202009 17.119 130.118 22.018
202012 11.722 130.889 14.988
202103 12.710 131.771 16.143
202106 14.199 134.084 17.722
202109 18.121 135.847 22.324
202112 16.084 138.161 19.483
202203 19.358 138.822 23.337
202206 15.389 142.347 18.093
202209 15.144 144.661 17.520
202212 15.068 145.763 17.300
202303 14.876 146.865 16.952
202306 15.446 150.280 17.201
202309 18.448 151.492 20.380
202312 16.590 152.924 18.156
202403 16.711 153.035 18.275
202406 15.185 155.789 16.313
202409 17.578 157.882 18.633
202412 16.375 158.323 17.309
202503 16.872 157.552 17.922
202506 16.458 159.755 17.241
202509 18.916 162.289 19.507
202512 21.689 163.281 22.230
202603 22.338 164.272 22.757
202606 23.825 167.357 23.825

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 12.43 mean?
Shilpa Medicare (BOM:530549) has a Cyclically Adjusted PS Ratio of 12.43 as of Sep. 03, 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 Shilpa Medicare and its competitors. This is 183% above median its historical median of 4.40. Over the past decade, Shilpa Medicare's Cyclically Adjusted PS Ratio has ranged from 1.80 to 12.11. According to the industry distribution chart, Shilpa Medicare ranks #702 out of 750 companies in the Drug Manufacturers industry, placing it in the top 93.6%.
Is Shilpa Medicare's Cyclically Adjusted PS Ratio too high?
Shilpa Medicare's current Cyclically Adjusted PS Ratio of 12.43 is 183% above median its 10-year median of 4.40. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 12.11. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.05. Shilpa Medicare's value of 12.43 is 506.3% above this industry median. Based on the distribution chart, Shilpa Medicare ranks #702 out of 750 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Shilpa Medicare has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shilpa Medicare's Cyclically Adjusted PS Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Shilpa Medicare ranks #702 out of 750 companies for Cyclically Adjusted PS Ratio. This places Shilpa Medicare in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.05. Shilpa Medicare's value of 12.43 is 506.3% above this benchmark. Historically, Shilpa Medicare's own Cyclically Adjusted PS Ratio has ranged from 1.80 to 12.11 over the past decade. While the company's 10-year median is 4.40 vs. the industry median of 2.05, Shilpa Medicare 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.05, based on 750 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. Shilpa Medicare's current Cyclically Adjusted PS Ratio of 12.43 is 506.3% 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 Shilpa Medicare and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shilpa Medicare's current Cyclically Adjusted PS Ratio is 12.43, which is 183% above median its own 10-year median of 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shilpa Medicare stock overvalued right now?
Based on GuruFocus' analysis, Shilpa Medicare (BOM:530549) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹454.62, compared to a current price of ₹928.30 — trading 104.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.43, which is 183% above median its 10-year median of 4.40 and 506.3% above the Drug Manufacturers industry median of 2.05. Shilpa Medicare's overall GF Score™ is 72/100 with 5 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 Shilpa Medicare (BOM:530549), the current Cyclically Adjusted PS Ratio is 12.43 as of Sep. 03, 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 Shilpa Medicare (BOM:530549) Overvalued in 2026?

Based on GuruFocus' analysis, Shilpa Medicare stock appears to be overvalued. The current stock price of ₹928.30 is trading 104.2% above its estimated GF Value™ of ₹454.62. GuruFocus considers Shilpa Medicare to be Significantly Overvalued.

Key valuation signals for BOM:530549:

  • Cyclically Adjusted PS Ratio: 12.43 (183% above median its 10-year median of 4.40)
  • GF Value™: ₹454.62 vs. price of ₹928.30 (104.2% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 506.3% above the Drug Manufacturers median (#702 of 750)

No single metric tells the full story. See the BOM:530549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shilpa Medicare Business Description

Other Exchanges SHILPAMED:India
Address Hyderabad Road, No. 12-6-214/A-1, Shilpa House, Raichur, KA, IND, 584135
Shilpa Medicare Ltd is a specialty and generic drug manufacturer. The company deals in high-quality Active Pharmaceutical Ingredients (APIs), Intermediates, Formulations, New Drug Delivery Systems, Peptides, Biotech products, and Specialty Chemicals etc. Its portfolio comprises various oncology and non-oncology-related APIs such as anastrozole, acebrophylline, busulphan, decitabine, etc, and finished dosage formulations such as apremilast tablets, clofarabine injection, docetaxel injection, etc., in various therapy areas. Its reporting segments are: Pharmaceutical product and services, which derive maximum revenue, Power sales, and Others. Geographically, the company generates maximum revenue from India, followed by Europe, the United States of America, and the Rest of the world.
72GF Score

Get the complete analysis for BOM:530549

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

₹928.30
Price
₹454.62
GF Value