Bafna Pharmaceuticals (NSE:BAFNAPH) Cyclically Adjusted PS Ratio: 4.32 (As of Aug. 26, 2026) — 160% Above Median

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NSE:BAFNAPH Bafna Pharmaceuticals Ltd NSE:BAFNAPH
57 GF Score
Price ₹267.25
GF Value ₹85.48
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Bafna Pharmaceuticals Cyclically Adjusted PS Ratio?

Bafna Pharmaceuticals NSE:BAFNAPH +4.99% 57 Cyclically Adjusted PS Ratio is 4.32 as of Aug. 26, 2026, which is 160% above its 10-year median of 1.66. GuruFocus rates NSE:BAFNAPH with a GF Score™ of 57/100 and a GF Value™ of ₹85.48 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 748 Drug Manufacturers companies, Bafna Pharmaceuticals ranks worse than 70.45% on this metric.

As of today (2026-08-26), Bafna Pharmaceuticals's current share price is ₹267.25. Bafna Pharmaceuticals's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹61.88. Bafna Pharmaceuticals's Cyclically Adjusted PS Ratio for today is 4.32.

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

NSE:BAFNAPH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.66   Max: 4.6
Current: 3.92

During the past years, Bafna Pharmaceuticals's highest Cyclically Adjusted PS Ratio was 4.60. The lowest was 1.15. And the median was 1.66.

NSE:BAFNAPH's Cyclically Adjusted PS Ratio is ranked worse than
70.45% of 748 companies
in the Drug Manufacturers industry
Industry Median: 2.04 vs NSE:BAFNAPH: 3.92

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.

Bafna Pharmaceuticals's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹10.619. 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 ₹61.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bafna Pharmaceuticals  (NSE:BAFNAPH) 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.


Bafna Pharmaceuticals Cyclically Adjusted PS Ratio Related Terms


Bafna Pharmaceuticals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bafna 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.

Bafna Pharmaceuticals Cyclically Adjusted PS Ratio Chart

Bafna 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 0.00 0.00 0.00 1.20 1.74

Bafna Pharmaceuticals 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 1.30 2.73 2.41 1.74 3.47

NSE:BAFNAPH vs ZTS: Cyclically Adjusted PS Ratio Comparison

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


Bafna Pharmaceuticals Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

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


NSE:BAFNAPH
57GF Score
Bafna Pharmaceuticals Ltd NSE:BAFNAPH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bafna 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=267.25/61.88
=4.32

* 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.

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

For example, Bafna Pharmaceuticals'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)
=10.619/167.3573*167.3573
=10.619

Current CPI (Jun. 2026) = 167.3573.

Bafna Pharmaceuticals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 27.937 82.244 56.849
201212 13.932 83.774 27.832
201303 32.760 85.687 63.984
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201809 3.736 115.142 5.430
201812 5.527 115.142 8.033
201903 9.654 118.202 13.669
201906 2.897 120.880 4.011
201909 4.898 123.175 6.655
201912 4.618 126.235 6.122
202003 5.552 124.705 7.451
202006 7.061 127.000 9.305
202009 6.350 130.118 8.167
202012 7.375 130.889 9.430
202103 9.162 131.771 11.636
202106 8.964 134.084 11.188
202109 11.369 135.847 14.006
202112 8.651 138.161 10.479
202203 6.785 138.822 8.180
202206 7.208 142.347 8.474
202209 9.282 144.661 10.738
202212 14.395 145.763 16.528
202303 18.118 146.865 20.646
202306 17.701 150.280 19.712
202309 17.196 151.492 18.997
202312 11.986 152.924 13.117
202403 17.519 153.035 19.159
202406 14.260 155.789 15.319
202409 17.101 157.882 18.127
202412 14.007 158.323 14.806
202503 16.387 157.552 17.407
202506 14.610 159.755 15.305
202509 14.983 162.289 15.451
202512 16.257 163.281 16.663
202603 17.823 164.272 18.158
202606 10.619 167.357 10.619

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 4.32 mean?
Bafna Pharmaceuticals (NSE:BAFNAPH) has a Cyclically Adjusted PS Ratio of 4.32 as of Aug. 26, 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 Bafna Pharmaceuticals and its competitors. This is 160% above median its historical median of 1.66. Over the past decade, Bafna Pharmaceuticals' Cyclically Adjusted PS Ratio has ranged from 1.15 to 4.60. According to the industry distribution chart, Bafna Pharmaceuticals ranks #527 out of 748 companies in the Drug Manufacturers industry, placing it in the top 70.5%.
Is Bafna Pharmaceuticals' Cyclically Adjusted PS Ratio too high?
Bafna Pharmaceuticals' current Cyclically Adjusted PS Ratio of 4.32 is 160% above median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 4.60. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.04. Bafna Pharmaceuticals' value of 4.32 is 111.8% above this industry median. Based on the distribution chart, Bafna Pharmaceuticals ranks #527 out of 748 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Bafna Pharmaceuticals has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bafna Pharmaceuticals' Cyclically Adjusted PS Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Bafna Pharmaceuticals ranks #527 out of 748 companies for Cyclically Adjusted PS Ratio. This places Bafna Pharmaceuticals in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.04. Bafna Pharmaceuticals' value of 4.32 is 111.8% above this benchmark. Historically, Bafna Pharmaceuticals' own Cyclically Adjusted PS Ratio has ranged from 1.15 to 4.60 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 2.04, Bafna 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 2.04, based on 748 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. Bafna Pharmaceuticals's current Cyclically Adjusted PS Ratio of 4.32 is 111.8% 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 Bafna Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bafna Pharmaceuticals's current Cyclically Adjusted PS Ratio is 4.32, which is 160% above median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bafna Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Bafna Pharmaceuticals (NSE:BAFNAPH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹85.48, compared to a current price of ₹267.25 — trading 212.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.32, which is 160% above median its 10-year median of 1.66 and 111.8% above the Drug Manufacturers industry median of 2.04. Bafna Pharmaceuticals' overall GF Score™ is 57/100 with 6 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 Bafna Pharmaceuticals (NSE:BAFNAPH), the current Cyclically Adjusted PS Ratio is 4.32 as of Aug. 26, 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 Bafna Pharmaceuticals (NSE:BAFNAPH) Overvalued in 2026?

Based on GuruFocus' analysis, Bafna Pharmaceuticals stock appears to be overvalued. The current stock price of ₹267.25 is trading 212.6% above its estimated GF Value™ of ₹85.48. GuruFocus considers Bafna Pharmaceuticals to be Significantly Overvalued.

Key valuation signals for NSE:BAFNAPH:

  • Cyclically Adjusted PS Ratio: 4.32 (160% above median its 10-year median of 1.66)
  • GF Value™: ₹85.48 vs. price of ₹267.25 (212.6% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 111.8% above the Drug Manufacturers median (#527 of 748)

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


Bafna Pharmaceuticals Business Description

Other Exchanges 532989:India
Address Thambu Chetty Street, New No. 68, Old No. 299, Bafna Towers, Chennai, TN, IND, 600001
Bafna Pharmaceuticals Ltd is an Indian pharmaceutical company mainly offering Contract Research and Manufacturing (CRAMS), Technology Transfers, Formulation, and Analytical Development services. It is engaged in the business of manufacturing finished pharmaceutical formulations, specializing in non-betalactam solid oral dosage forms, besides other emerging and potential products and forms in various therapeutic areas such as cardiology, lifestyle and potent drugs, and pain management. The company delivers generic pharmaceutical products for the UK, Australia, the EU, and emerging markets. In addition, it has launched its own brands in Sri Lanka, the Philippines, Tanzania, and Nigeria, offering products for some high-demand therapies like diabetes, cardiovascular, and oncology.
57GF Score

Get the complete analysis for NSE:BAFNAPH

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

₹267.25
Price
₹85.48
GF Value