Zenotech Laboratories (BOM:532039) Cyclically Adjusted PS Ratio: 8.89 (As of Sep. 01, 2026) — 51% Below Median

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BOM:532039 Zenotech Laboratories Ltd BOM:532039
74 GF Score
Price ₹46.25
GF Value ₹64.76
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Zenotech Laboratories Cyclically Adjusted PS Ratio?

Zenotech Laboratories BOM:532039 -1.47% 74 Cyclically Adjusted PS Ratio is 8.89 as of Sep. 01, 2026, which is 51% below its 10-year median of 18.13. GuruFocus rates BOM:532039 with a GF Score™ of 74/100 and a GF Value™ of ₹64.76 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 749 Drug Manufacturers companies, Zenotech Laboratories ranks worse than 89.85% on this metric.

As of today (2026-09-01), Zenotech Laboratories's current share price is ₹46.25. Zenotech Laboratories's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹5.20. Zenotech Laboratories's Cyclically Adjusted PS Ratio for today is 8.89.

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

BOM:532039' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.37   Med: 18.13   Max: 27.86
Current: 8.89

During the past years, Zenotech Laboratories's highest Cyclically Adjusted PS Ratio was 27.86. The lowest was 7.37. And the median was 18.13.

BOM:532039's Cyclically Adjusted PS Ratio is ranked worse than
89.85% of 749 companies
in the Drug Manufacturers industry
Industry Median: 2.05 vs BOM:532039: 8.89

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.

Zenotech Laboratories's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹1.475. 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 ₹5.20 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zenotech Laboratories  (BOM:532039) 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.


Zenotech Laboratories Cyclically Adjusted PS Ratio Related Terms


Zenotech Laboratories Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zenotech 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.

Zenotech Laboratories Cyclically Adjusted PS Ratio Chart

Zenotech 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 20.31 15.42 16.16 12.30 6.90

Zenotech 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 14.77 11.44 9.63 6.90 8.50

BOM:532039 vs ZTS: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Zenotech 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.


Zenotech Laboratories Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

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


BOM:532039
74GF Score
Zenotech Laboratories Ltd BOM:532039
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zenotech 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.25/5.20
=8.89

* 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.

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

For example, Zenotech 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)
=1.475/167.3573*167.3573
=1.475

Current CPI (Jun. 2026) = 167.3573.

Zenotech Laboratories Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.033 105.961 0.052
201612 0.061 105.196 0.097
201703 0.512 105.196 0.815
201706 0.423 107.109 0.661
201709 0.392 109.021 0.602
201712 0.556 109.404 0.851
201803 0.461 109.786 0.703
201806 0.349 111.317 0.525
201809 0.504 115.142 0.733
201812 0.585 115.142 0.850
201903 0.770 118.202 1.090
201906 1.127 120.880 1.560
201909 1.156 123.175 1.571
201912 1.064 126.235 1.411
202003 0.872 124.705 1.170
202006 0.754 127.000 0.994
202009 0.482 130.118 0.620
202012 0.642 130.889 0.821
202103 1.140 131.771 1.448
202106 1.446 134.084 1.805
202109 1.177 135.847 1.450
202112 1.512 138.161 1.832
202203 1.212 138.822 1.461
202206 1.866 142.347 2.194
202209 1.509 144.661 1.746
202212 1.295 145.763 1.487
202303 1.621 146.865 1.847
202306 1.368 150.280 1.523
202309 1.706 151.492 1.885
202312 1.624 152.924 1.777
202403 1.331 153.035 1.456
202406 1.448 155.789 1.556
202409 1.428 157.882 1.514
202412 1.691 158.323 1.787
202503 1.807 157.552 1.919
202506 1.397 159.755 1.463
202509 1.712 162.289 1.765
202512 1.965 163.281 2.014
202603 1.463 164.272 1.490
202606 1.475 167.357 1.475

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 8.89 mean?
Zenotech Laboratories (BOM:532039) has a Cyclically Adjusted PS Ratio of 8.89 as of Sep. 01, 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 Zenotech Laboratories and its competitors. This is 51% below median its historical median of 18.13. Over the past decade, Zenotech Laboratories' Cyclically Adjusted PS Ratio has ranged from 7.37 to 27.86. According to the industry distribution chart, Zenotech Laboratories ranks #673 out of 749 companies in the Drug Manufacturers industry, placing it in the top 89.9%.
Is Zenotech Laboratories' Cyclically Adjusted PS Ratio too high?
Zenotech Laboratories' current Cyclically Adjusted PS Ratio of 8.89 is 51% below median its 10-year median of 18.13. Over the past 10 years, this metric has ranged from a low of 7.37 to a high of 27.86. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.05. Zenotech Laboratories' value of 8.89 is 333.7% above this industry median. Based on the distribution chart, Zenotech Laboratories ranks #673 out of 749 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Zenotech Laboratories has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zenotech Laboratories' Cyclically Adjusted PS Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Zenotech Laboratories ranks #673 out of 749 companies for Cyclically Adjusted PS Ratio. This places Zenotech Laboratories in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.05. Zenotech Laboratories' value of 8.89 is 333.7% above this benchmark. Historically, Zenotech Laboratories' own Cyclically Adjusted PS Ratio has ranged from 7.37 to 27.86 over the past decade. While the company's 10-year median is 18.13 vs. the industry median of 2.05, Zenotech 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.05, based on 749 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. Zenotech Laboratories's current Cyclically Adjusted PS Ratio of 8.89 is 333.7% 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 Zenotech Laboratories 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. Zenotech Laboratories's current Cyclically Adjusted PS Ratio is 8.89, which is 51% below median its own 10-year median of 18.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenotech Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Zenotech Laboratories (BOM:532039) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹64.76, compared to a current price of ₹46.25 — trading 28.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.89, which is 51% below median its 10-year median of 18.13 and 333.7% above the Drug Manufacturers industry median of 2.05. Zenotech Laboratories' overall GF Score™ is 74/100 with 1 warning sign 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 Zenotech Laboratories (BOM:532039), the current Cyclically Adjusted PS Ratio is 8.89 as of Sep. 01, 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 Zenotech Laboratories (BOM:532039) Overvalued in 2026?

Based on GuruFocus' analysis, Zenotech Laboratories stock appears to be undervalued. The current stock price of ₹46.25 is trading 28.6% below its estimated GF Value™ of ₹64.76. GuruFocus considers Zenotech Laboratories to be Modestly Undervalued.

Key valuation signals for BOM:532039:

  • Cyclically Adjusted PS Ratio: 8.89 (51% below median its 10-year median of 18.13)
  • GF Value™: ₹64.76 vs. price of ₹46.25 (28.6% below fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 333.7% above the Drug Manufacturers median (#673 of 749)

No single metric tells the full story. See the BOM:532039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zenotech Laboratories Business Description

Address Survey No. 250-252, Turkapally Village, Shamirpet Mandal, RR District, Hyderabad, TG, IND, 500 078
Zenotech Laboratories Ltd is an India-based pharmaceutical company. It is a pharmaceutical specialty generic injectables company engaged in the area of manufacturing biotechnology products. The Company's injectables product portfolio serves niche therapy areas like oncology and anesthesiology. It also manufactures products such as granulocyte-colony stimulating factor (GCSF) and Granulocyte-macrophage colony-stimulating factor (GMCSF). The company earns a vast majority of the revenue from the sale of its contract research and manufacturing services.
74GF Score

Get the complete analysis for BOM:532039

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

₹46.25
Price
₹64.76
GF Value