Dishman Carbogen Amics (NSE:DCAL) Cyclically Adjusted PS Ratio: 1.15 (As of Jul. 20, 2026) — Near Median

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NSE:DCAL Dishman Carbogen Amics Ltd NSE:DCAL
68 GF Score
Price ₹191.46
GF Value ₹237.99
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Dishman Carbogen Amics Cyclically Adjusted PS Ratio?

Dishman Carbogen Amics NSE:DCAL -1.37% 68 Cyclically Adjusted PS Ratio is 1.15 as of Jul. 20, 2026, which is 6% below its 10-year median of 1.22. GuruFocus rates NSE:DCAL with a GF Score™ of 68/100 and a GF Value™ of ₹237.99 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 538 Biotechnology companies, Dishman Carbogen Amics ranks better than 83.83% on this metric.

As of today (2026-07-20), Dishman Carbogen Amics's current share price is ₹191.46. Dishman Carbogen Amics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹166.88. Dishman Carbogen Amics's Cyclically Adjusted PS Ratio for today is 1.15.

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

NSE:DCAL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.22   Max: 1.89
Current: 1.15

During the past years, Dishman Carbogen Amics's highest Cyclically Adjusted PS Ratio was 1.89. The lowest was 0.49. And the median was 1.22.

NSE:DCAL's Cyclically Adjusted PS Ratio is ranked better than
83.83% of 538 companies
in the Biotechnology industry
Industry Median: 5.69 vs NSE:DCAL: 1.15

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.

Dishman Carbogen Amics's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹54.436. 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 ₹166.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dishman Carbogen Amics  (NSE:DCAL) 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.


Dishman Carbogen Amics Cyclically Adjusted PS Ratio Related Terms


Dishman Carbogen Amics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Dishman Carbogen Amics'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.

Dishman Carbogen Amics Cyclically Adjusted PS Ratio Chart

Dishman Carbogen Amics 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 1.38 0.87 1.56 1.39 0.78

Dishman Carbogen Amics 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 1.39 1.58 1.70 1.51 0.78

NSE:DCAL vs VRTX, REGN, ALNY: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Dishman Carbogen Amics'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.


Dishman Carbogen Amics Cyclically Adjusted PS Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Dishman Carbogen Amics's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dishman Carbogen Amics's Cyclically Adjusted PS Ratio falls into.


NSE:DCAL
68GF Score
Dishman Carbogen Amics Ltd NSE:DCAL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dishman Carbogen Amics 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.

Dishman Carbogen Amics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=191.46/166.88
=1.15

* 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.

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

For example, Dishman Carbogen Amics'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)
=54.436/164.2724*164.2724
=54.436

Current CPI (Mar. 2026) = 164.2724.

Dishman Carbogen Amics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 22.610 105.961 35.052
201609 26.419 105.961 40.958
201612 22.060 105.196 34.449
201703 30.159 105.196 47.096
201706 21.072 107.109 32.318
201709 26.707 109.021 40.242
201712 26.675 109.404 40.053
201803 28.052 109.786 41.974
201806 27.848 111.317 41.096
201809 26.823 115.142 38.268
201812 26.457 115.142 37.746
201903 37.937 118.202 52.723
201906 31.121 120.880 42.293
201909 27.866 123.175 37.164
201912 32.253 126.235 41.971
202003 31.488 124.705 41.479
202006 30.329 127.000 39.230
202009 27.989 130.118 35.336
202012 29.741 130.889 37.326
202103 32.460 131.771 40.466
202106 35.065 134.084 42.960
202109 29.117 135.847 35.210
202112 35.904 138.161 42.690
202203 31.683 138.822 37.492
202206 35.052 142.347 40.451
202209 39.098 144.661 44.398
202212 40.873 145.763 46.063
202303 33.210 146.865 37.146
202306 45.956 150.280 50.235
202309 37.433 151.492 40.591
202312 41.492 152.924 44.571
202403 37.110 153.035 39.835
202406 33.424 155.789 35.244
202409 50.313 157.882 52.349
202412 44.212 158.323 45.873
202503 45.717 157.552 47.667
202506 45.066 159.755 46.340
202509 41.597 162.289 42.105
202512 46.063 163.281 46.343
202603 54.436 164.272 54.436

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 1.15 mean?
Dishman Carbogen Amics (NSE:DCAL) has a Cyclically Adjusted PS Ratio of 1.15 as of Jul. 20, 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 Dishman Carbogen Amics and its competitors. This is near median its historical median of 1.22. Over the past decade, Dishman Carbogen Amics' Cyclically Adjusted PS Ratio has ranged from 0.49 to 1.89. According to the industry distribution chart, Dishman Carbogen Amics ranks #87 out of 538 companies in the Biotechnology industry, placing it in the top 16.2%.
Is Dishman Carbogen Amics' Cyclically Adjusted PS Ratio too high?
Dishman Carbogen Amics' current Cyclically Adjusted PS Ratio of 1.15 is near median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.89. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.69. Dishman Carbogen Amics' value of 1.15 is 79.8% below this industry median. Based on the distribution chart, Dishman Carbogen Amics ranks #87 out of 538 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Dishman Carbogen Amics has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dishman Carbogen Amics' Cyclically Adjusted PS Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Dishman Carbogen Amics ranks #87 out of 538 companies for Cyclically Adjusted PS Ratio. This places Dishman Carbogen Amics in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.69. Dishman Carbogen Amics' value of 1.15 is 79.8% below this benchmark. Historically, Dishman Carbogen Amics' own Cyclically Adjusted PS Ratio has ranged from 0.49 to 1.89 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 5.69, Dishman Carbogen Amics 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 Biotechnology company?
The median Cyclically Adjusted PS Ratio among Biotechnology companies is 5.69, based on 538 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. Dishman Carbogen Amics's current Cyclically Adjusted PS Ratio of 1.15 is 79.8% 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 Dishman Carbogen Amics and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dishman Carbogen Amics's current Cyclically Adjusted PS Ratio is 1.15, which is near median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dishman Carbogen Amics stock overvalued right now?
Based on GuruFocus' analysis, Dishman Carbogen Amics (NSE:DCAL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹237.99, compared to a current price of ₹191.46 — trading 19.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.15, which is near median its 10-year median of 1.22 and 79.8% below the Biotechnology industry median of 5.69. Dishman Carbogen Amics' overall GF Score™ is 68/100 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 Dishman Carbogen Amics (NSE:DCAL), the current Cyclically Adjusted PS Ratio is 1.15 as of Jul. 20, 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 Dishman Carbogen Amics (NSE:DCAL) Overvalued in 2026?

Based on GuruFocus' analysis, Dishman Carbogen Amics stock appears to be undervalued. The current stock price of ₹191.46 is trading 19.6% below its estimated GF Value™ of ₹237.99. GuruFocus considers Dishman Carbogen Amics to be Modestly Undervalued.

Key valuation signals for NSE:DCAL:

  • Cyclically Adjusted PS Ratio: 1.15 (near median its 10-year median of 1.22)
  • GF Value™: ₹237.99 vs. price of ₹191.46 (19.6% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 79.8% below the Biotechnology median (#87 of 538)

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


Dishman Carbogen Amics Business Description

Other Exchanges 540701:India
Address Iscon-Bopal Road, Dishman Corporate House, Ambli, Ahmedabad, GJ, IND, 380 058
Dishman Carbogen Amics Ltd is a biotechnology company that provides contract research and manufacturing services for pharmaceutical companies. It manufactures bulk drugs, specialty chemicals, and outsourced goods. Additionally, the company produces vitamins, such as vitamin D2 and vitamin D3, reagents, antiseptics and disinfectants, transfer catalysts, personal-care ingredients, pharma intermediates, and ammonium and phosphonium high-purity solid Quats. The business generates the vast majority of its revenue in India.
68GF Score

Get the complete analysis for NSE:DCAL

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

₹191.46
Price
₹237.99
GF Value