Zenlabs Ethica (BOM:530697) Cyclically Adjusted PS Ratio: 0.20 (As of Aug. 25, 2026) — 35% Below Median

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BOM:530697 Zenlabs Ethica Ltd BOM:530697
61 GF Score
Price ₹25.04
GF Value ₹32.04
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Zenlabs Ethica Cyclically Adjusted PS Ratio?

Zenlabs Ethica BOM:530697 -3.69% 61 Cyclically Adjusted PS Ratio is 0.20 as of Aug. 25, 2026, which is 35% below its 10-year median of 0.31. GuruFocus rates BOM:530697 with a GF Score™ of 61/100 and a GF Value™ of ₹32.04 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 88 Medical Distribution companies, Zenlabs Ethica ranks better than 65.91% on this metric.

As of today (2026-08-25), Zenlabs Ethica's current share price is ₹25.04. Zenlabs Ethica's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹122.93. Zenlabs Ethica's Cyclically Adjusted PS Ratio for today is 0.20.

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

BOM:530697' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.31   Max: 0.62
Current: 0.2

During the past years, Zenlabs Ethica's highest Cyclically Adjusted PS Ratio was 0.62. The lowest was 0.14. And the median was 0.31.

BOM:530697's Cyclically Adjusted PS Ratio is ranked better than
65.91% of 88 companies
in the Medical Distribution industry
Industry Median: 0.365 vs BOM:530697: 0.20

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.

Zenlabs Ethica's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹21.840. 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 ₹122.93 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zenlabs Ethica  (BOM:530697) 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.


Zenlabs Ethica Cyclically Adjusted PS Ratio Related Terms


Zenlabs Ethica Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zenlabs Ethica'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.

Zenlabs Ethica Cyclically Adjusted PS Ratio Chart

Zenlabs Ethica 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 0.23 0.55 0.33 0.25 0.14

Zenlabs Ethica 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 0.26 0.24 0.16 0.14 0.27

BOM:530697 vs MCK, COR, CAH: Cyclically Adjusted PS Ratio Comparison

For the Medical Distribution subindustry, Zenlabs Ethica'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.


Zenlabs Ethica Cyclically Adjusted PS Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Zenlabs Ethica's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:530697
61GF Score
Zenlabs Ethica Ltd BOM:530697
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenlabs Ethica 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.

Zenlabs Ethica's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.04/122.93
=0.20

* 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.

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

For example, Zenlabs Ethica'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)
=21.84/167.3573*167.3573
=21.840

Current CPI (Jun. 2026) = 167.3573.

Zenlabs Ethica Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 34.459 105.961 54.425
201612 26.789 105.196 42.619
201703 31.407 105.196 49.966
201706 16.047 107.109 25.073
201709 33.716 109.021 51.757
201712 29.971 109.404 45.847
201803 29.944 109.786 45.646
201806 27.098 111.317 40.740
201809 23.379 115.142 33.981
201812 25.809 115.142 37.513
201903 29.106 118.202 41.210
201906 25.057 120.880 34.691
201909 23.482 123.175 31.905
201912 22.451 126.235 29.765
202003 23.444 124.705 31.462
202006 19.344 127.000 25.491
202009 23.100 130.118 29.711
202012 22.528 130.889 28.805
202103 14.179 131.771 18.008
202106 28.795 134.084 35.941
202109 28.506 135.847 35.118
202112 27.106 138.161 32.834
202203 22.410 138.822 27.016
202206 26.580 142.347 31.250
202209 27.088 144.661 31.338
202212 27.421 145.763 31.483
202303 22.629 146.865 25.787
202306 20.440 150.280 22.763
202309 22.349 151.492 24.690
202312 24.609 152.924 26.932
202403 24.001 153.035 26.247
202406 17.745 155.789 19.063
202409 20.658 157.882 21.898
202412 19.436 158.323 20.545
202503 20.042 157.552 21.289
202506 17.233 159.755 18.053
202509 19.839 162.289 20.459
202512 19.067 163.281 19.543
202603 16.258 164.272 16.563
202606 21.840 167.357 21.840

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 0.20 mean?
Zenlabs Ethica (BOM:530697) has a Cyclically Adjusted PS Ratio of 0.20 as of Aug. 25, 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 Zenlabs Ethica and its competitors. This is 35% below median its historical median of 0.31. Over the past decade, Zenlabs Ethica's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.62. According to the industry distribution chart, Zenlabs Ethica ranks #30 out of 88 companies in the Medical Distribution industry, placing it in the top 34.1%.
Is Zenlabs Ethica's Cyclically Adjusted PS Ratio too high?
Zenlabs Ethica's current Cyclically Adjusted PS Ratio of 0.20 is 35% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.62. The Medical Distribution industry median Cyclically Adjusted PS Ratio is 0.37. Zenlabs Ethica's value of 0.20 is 45.2% below this industry median. Based on the distribution chart, Zenlabs Ethica ranks #30 out of 88 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, Zenlabs Ethica has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zenlabs Ethica's Cyclically Adjusted PS Ratio compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Zenlabs Ethica ranks #30 out of 88 companies for Cyclically Adjusted PS Ratio. This puts Zenlabs Ethica in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.37. Zenlabs Ethica's value of 0.20 is 45.2% below this benchmark. Historically, Zenlabs Ethica's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.62 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.37, Zenlabs Ethica has consistently been below 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 Distribution company?
The median Cyclically Adjusted PS Ratio among Medical Distribution companies is 0.37, based on 88 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. Zenlabs Ethica's current Cyclically Adjusted PS Ratio of 0.20 is 45.2% below 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 Zenlabs Ethica and its competitors. For the Medical Distribution industry, the median Cyclically Adjusted PS Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenlabs Ethica's current Cyclically Adjusted PS Ratio is 0.20, which is 35% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenlabs Ethica stock overvalued right now?
Based on GuruFocus' analysis, Zenlabs Ethica (BOM:530697) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹32.04, compared to a current price of ₹25.04 — trading 21.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.20, which is 35% below median its 10-year median of 0.31 and 45.2% below the Medical Distribution industry median of 0.37. Zenlabs Ethica's overall GF Score™ is 61/100 with 3 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 Zenlabs Ethica (BOM:530697), the current Cyclically Adjusted PS Ratio is 0.20 as of Aug. 25, 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 Zenlabs Ethica (BOM:530697) Overvalued in 2026?

Based on GuruFocus' analysis, Zenlabs Ethica stock appears to be undervalued. The current stock price of ₹25.04 is trading 21.8% below its estimated GF Value™ of ₹32.04. GuruFocus considers Zenlabs Ethica to be Modestly Undervalued.

Key valuation signals for BOM:530697:

  • Cyclically Adjusted PS Ratio: 0.20 (35% below median its 10-year median of 0.31)
  • GF Value™: ₹32.04 vs. price of ₹25.04 (21.8% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 45.2% below the Medical Distribution median (#30 of 88)

No single metric tells the full story. See the BOM:530697 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zenlabs Ethica Business Description

Address Plot No.194-195, 3rd Floor, Industrial Area, Phase-II, Ram Darbar, Chandigarh, IND, 160002
Zenlabs Ethica Ltd is a pharmaceutical company engaged in the trading of pharmaceutical formulations. It manufactures and markets drugs which include Gastrointestinal disorders, anti-diabetics, anti-hypertensive drugs, anti-infective, soaps, and anti-Bacterial drugs, nutraceuticals, and others. In addition, The company offers more than 600 products across therapeutic segments.
61GF Score

Get the complete analysis for BOM:530697

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

₹25.04
Price
₹32.04
GF Value