ELTP (Elite Pharmaceuticals) Cyclically Adjusted PS Ratio: 9.00 (As of Jul. 07, 2026) — 79% Above Median


ELTP Elite Pharmaceuticals Inc ELTP
55 GF Score
Price $0.36
GF Value $0.56
Valuation Possible Value Trap
! 2 Warning Signs
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What is Elite Pharmaceuticals Cyclically Adjusted PS Ratio?

Elite Pharmaceuticals ELTP 55 Cyclically Adjusted PS Ratio is 9.00 as of Jul. 07, 2026, which is 79% above its 10-year median of 5.02. GuruFocus rates ELTP with a GF Score™ of 55/100 and a GF Value™ of $0.56 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 750 Drug Manufacturers companies, Elite Pharmaceuticals ranks worse than 88.13% on this metric.

As of today (2026-07-07), Elite Pharmaceuticals's current share price is $0.36. Elite Pharmaceuticals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.04. Elite Pharmaceuticals's Cyclically Adjusted PS Ratio for today is 9.00.

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

ELTP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.45   Med: 5.02   Max: 24.73
Current: 8.02

During the past years, Elite Pharmaceuticals's highest Cyclically Adjusted PS Ratio was 24.73. The lowest was 1.45. And the median was 5.02.

ELTP's Cyclically Adjusted PS Ratio is ranked worse than
88.13% of 750 companies
in the Drug Manufacturers industry
Industry Median: 2.015 vs ELTP: 8.02

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.

Elite Pharmaceuticals's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.034. 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 $0.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elite Pharmaceuticals  (OTCPK:ELTP) 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.


Elite Pharmaceuticals Cyclically Adjusted PS Ratio Related Terms


Elite Pharmaceuticals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Elite Pharmaceuticals'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.

Elite Pharmaceuticals Cyclically Adjusted PS Ratio Chart

Elite Pharmaceuticals 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 2.05 1.43 6.08 13.27 8.02

Elite Pharmaceuticals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.27 20.08 16.26 11.77 8.02

ELTP vs EBS, NIKA, EOLS: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Elite Pharmaceuticals'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.


Elite Pharmaceuticals Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

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


ELTP
55GF Score
Elite Pharmaceuticals Inc ELTP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Elite Pharmaceuticals 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.

Elite Pharmaceuticals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.36/0.04
=9.00

* 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.

Elite Pharmaceuticals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Elite Pharmaceuticals's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.034/330.2130*330.2130
=0.034

Current CPI (Mar. 2026) = 330.2130.

Elite Pharmaceuticals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.005 241.018 0.007
201609 0.003 241.428 0.004
201612 0.003 241.432 0.004
201703 0.001 243.801 0.001
201706 0.002 244.955 0.003
201709 0.002 246.819 0.003
201712 0.003 246.524 0.004
201803 0.002 249.554 0.003
201806 0.003 251.989 0.004
201809 0.002 252.439 0.003
201812 0.003 251.233 0.004
201903 0.002 254.202 0.003
201906 0.004 256.143 0.005
201909 0.006 256.759 0.008
201912 0.006 256.974 0.008
202003 0.003 258.115 0.004
202006 0.008 257.797 0.010
202009 0.008 260.280 0.010
202012 0.006 260.474 0.008
202103 0.004 264.877 0.005
202106 0.007 271.696 0.009
202109 0.008 274.310 0.010
202112 0.009 278.802 0.011
202203 0.008 287.504 0.009
202206 0.008 296.311 0.009
202209 0.008 296.808 0.009
202212 0.009 296.797 0.010
202303 0.009 301.836 0.010
202306 0.009 305.109 0.010
202309 0.014 307.789 0.015
202312 0.015 306.746 0.016
202403 0.017 312.332 0.018
202406 0.017 314.175 0.018
202409 0.018 315.301 0.019
202412 0.013 315.605 0.014
202503 0.030 319.799 0.031
202506 0.038 322.561 0.039
202509 0.032 324.800 0.033
202512 0.028 324.054 0.029
202603 0.034 330.213 0.034

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 9.00 mean?
Elite Pharmaceuticals (ELTP) has a Cyclically Adjusted PS Ratio of 9.00 as of Jul. 07, 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 Elite Pharmaceuticals and its competitors. This is 79% above median its historical median of 5.02. Over the past decade, Elite Pharmaceuticals' Cyclically Adjusted PS Ratio has ranged from 1.45 to 24.73. According to the industry distribution chart, Elite Pharmaceuticals ranks #661 out of 750 companies in the Drug Manufacturers industry, placing it in the top 88.1%.
Is Elite Pharmaceuticals' Cyclically Adjusted PS Ratio too high?
Elite Pharmaceuticals' current Cyclically Adjusted PS Ratio of 9.00 is 79% above median its 10-year median of 5.02. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 24.73. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.02. Elite Pharmaceuticals' value of 9.00 is 346.7% above this industry median. Based on the distribution chart, Elite Pharmaceuticals ranks #661 out of 750 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Elite Pharmaceuticals has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elite Pharmaceuticals' Cyclically Adjusted PS Ratio compare to EBS and NIKA?
According to the Drug Manufacturers industry distribution chart, Elite Pharmaceuticals ranks #661 out of 750 companies for Cyclically Adjusted PS Ratio. This places Elite Pharmaceuticals in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.02. Elite Pharmaceuticals' value of 9.00 is 346.7% above this benchmark. Historically, Elite Pharmaceuticals' own Cyclically Adjusted PS Ratio has ranged from 1.45 to 24.73 over the past decade. While the company's 10-year median is 5.02 vs. the industry median of 2.02, Elite Pharmaceuticals 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 2.02, 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. Elite Pharmaceuticals's current Cyclically Adjusted PS Ratio of 9.00 is 346.7% 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 Elite Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite Pharmaceuticals's current Cyclically Adjusted PS Ratio is 9.00, which is 79% above median its own 10-year median of 5.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Elite Pharmaceuticals (ELTP) is currently considered Possible Value Trap. The stock's GF Value™ is $0.56, compared to a current price of $0.36 — trading 35.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.00, which is 79% above median its 10-year median of 5.02 and 346.7% above the Drug Manufacturers industry median of 2.02. Elite Pharmaceuticals' overall GF Score™ is 55/100 with 2 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 Elite Pharmaceuticals (ELTP), the current Cyclically Adjusted PS Ratio is 9.00 as of Jul. 07, 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 Elite Pharmaceuticals (ELTP) Overvalued in 2026?

Based on GuruFocus' analysis, Elite Pharmaceuticals stock appears to be undervalued. The current stock price of $0.36 is trading 35.7% below its estimated GF Value™ of $0.56. GuruFocus considers Elite Pharmaceuticals to be Possible Value Trap.

Key valuation signals for ELTP:

  • Cyclically Adjusted PS Ratio: 9.00 (79% above median its 10-year median of 5.02)
  • GF Value™: $0.56 vs. price of $0.36 (35.7% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 346.7% above the Drug Manufacturers median (#661 of 750)

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


Elite Pharmaceuticals Business Description

Address 165 Ludlow Avenue, Northvale, NJ, USA, 07647
Elite Pharmaceuticals Inc is a pharmaceutical company. It is principally engaged in the development and manufacture of oral, controlled-release products, using proprietary know-how and technology. The company's operating segment includes Abbreviated New Drug Applications (ANDA) and New Drug Applications (NDA). It generates maximum revenue from the ANDA segment. The company focuses on developing pain management products; manufacturing a line of generic pharmaceutical products with approved Abbreviated New Drug Applications; developing additional generic pharmaceutical products; development of other products in its pipeline including the products with its partners; and commercialization of new products.
55GF Score

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

$0.36
Price
$0.56
GF Value