FDC (NSE:FDC) Cyclically Adjusted PS Ratio: 3.61 (As of Jul. 21, 2026) — Near Median

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NSE:FDC FDC Ltd NSE:FDC
87 GF Score
Price ₹413.25
GF Value ₹483.05
Valuation Modestly Undervalued
! 3 Warning Signs
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What is FDC Cyclically Adjusted PS Ratio?

FDC NSE:FDC -1.11% 87 Cyclically Adjusted PS Ratio is 3.61 as of Jul. 21, 2026, which is 8% below its 10-year median of 3.92. GuruFocus rates NSE:FDC with a GF Score™ of 87/100 and a GF Value™ of ₹483.05 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 751 Drug Manufacturers companies, FDC ranks worse than 69.37% on this metric.

As of today (2026-07-21), FDC's current share price is ₹413.25. FDC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹114.48. FDC's Cyclically Adjusted PS Ratio for today is 3.61.

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

NSE:FDC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.85   Med: 3.92   Max: 5.18
Current: 3.66

During the past years, FDC's highest Cyclically Adjusted PS Ratio was 5.18. The lowest was 2.85. And the median was 3.92.

NSE:FDC's Cyclically Adjusted PS Ratio is ranked worse than
69.37% of 751 companies
in the Drug Manufacturers industry
Industry Median: 2.01 vs NSE:FDC: 3.66

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.

FDC's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹35.914. 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 ₹114.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FDC  (NSE:FDC) 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.


FDC Cyclically Adjusted PS Ratio Related Terms


FDC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FDC'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.

FDC Cyclically Adjusted PS Ratio Chart

FDC 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 3.68 2.80

FDC 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 3.68 4.42 3.94 3.75 2.80

NSE:FDC vs ZTS, UTHR: Cyclically Adjusted PS Ratio Comparison

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


FDC Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

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


NSE:FDC
87GF Score
FDC Ltd NSE:FDC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FDC 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.

FDC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=413.25/114.48
=3.61

* 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.

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

For example, FDC'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)
=35.914/164.2724*164.2724
=35.914

Current CPI (Mar. 2026) = 164.2724.

FDC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
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
201806 16.630 111.317 24.541
201809 15.701 115.142 22.401
201812 14.661 115.142 20.917
201903 15.025 118.202 20.881
201906 19.675 120.880 26.738
201909 20.116 123.175 26.828
201912 18.671 126.235 24.297
202003 18.863 124.705 24.848
202006 18.010 127.000 23.296
202009 21.709 130.118 27.407
202012 20.120 130.889 25.252
202103 17.866 131.771 22.273
202106 26.518 134.084 32.488
202109 23.507 135.847 28.426
202112 20.205 138.161 24.024
202203 19.932 138.822 23.586
202206 29.580 142.347 34.136
202209 26.610 144.661 30.217
202212 24.610 145.763 27.735
202303 25.850 146.865 28.914
202306 32.313 150.280 35.322
202309 29.397 151.492 31.877
202312 28.103 152.924 30.188
202403 27.043 153.035 29.029
202406 39.196 155.789 41.330
202409 31.598 157.882 32.877
202412 28.568 158.323 29.642
202503 30.273 157.552 31.564
202506 39.807 159.755 40.933
202509 29.178 162.289 29.535
202512 28.569 163.281 28.742
202603 35.914 164.272 35.914

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 3.61 mean?
FDC (NSE:FDC) has a Cyclically Adjusted PS Ratio of 3.61 as of Jul. 21, 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 FDC and its competitors. This is near median its historical median of 3.92. Over the past decade, FDC's Cyclically Adjusted PS Ratio has ranged from 2.85 to 5.18. According to the industry distribution chart, FDC ranks #521 out of 751 companies in the Drug Manufacturers industry, placing it in the top 69.4%.
Is FDC's Cyclically Adjusted PS Ratio too high?
FDC's current Cyclically Adjusted PS Ratio of 3.61 is near median its 10-year median of 3.92. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 5.18. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.01. FDC's value of 3.61 is 79.6% above this industry median. Based on the distribution chart, FDC ranks #521 out of 751 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, FDC has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FDC's Cyclically Adjusted PS Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, FDC ranks #521 out of 751 companies for Cyclically Adjusted PS Ratio. This places FDC in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.01. FDC's value of 3.61 is 79.6% above this benchmark. Historically, FDC's own Cyclically Adjusted PS Ratio has ranged from 2.85 to 5.18 over the past decade. While the company's 10-year median is 3.92 vs. the industry median of 2.01, FDC 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 2.01, based on 751 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. FDC's current Cyclically Adjusted PS Ratio of 3.61 is 79.6% 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 FDC and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FDC's current Cyclically Adjusted PS Ratio is 3.61, which is near median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FDC stock overvalued right now?
Based on GuruFocus' analysis, FDC (NSE:FDC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹483.05, compared to a current price of ₹413.25 — trading 14.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.61, which is near median its 10-year median of 3.92 and 79.6% above the Drug Manufacturers industry median of 2.01. FDC's overall GF Score™ is 87/100 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 FDC (NSE:FDC), the current Cyclically Adjusted PS Ratio is 3.61 as of Jul. 21, 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 FDC (NSE:FDC) Overvalued in 2026?

Based on GuruFocus' analysis, FDC stock appears to be undervalued. The current stock price of ₹413.25 is trading 14.4% below its estimated GF Value™ of ₹483.05. GuruFocus considers FDC to be Modestly Undervalued.

Key valuation signals for NSE:FDC:

  • Cyclically Adjusted PS Ratio: 3.61 (near median its 10-year median of 3.92)
  • GF Value™: ₹483.05 vs. price of ₹413.25 (14.4% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 79.6% above the Drug Manufacturers median (#521 of 751)

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


FDC Business Description

Other Exchanges 531599:India
Address B-8, M.I.D.C. Industrial Estate, Waluj, Chhatrapati Sambhaji Nagar (Aurangabad), MH, IND, 431136
FDC Ltd is principally engaged in the business of manufacturing and trading pharmaceutical products. It has its presence in numerous therapeutic segments including anti-infectives, gastrointestinal treatments, ophthalmics, vitamins, minerals, dietary supplements, cardiovascular solutions, anti-diabetics, and others. The company's different pharmaceutical products are marketed through brands such as Electral, Enerzal, Zifi, Zocon, Vitcofol, Otek Ac Neo, Amodep AT, Simyl MCT Oil, and many others. Geographically, the company derives maximum revenue from India and the rest from the United States of America, and other regions.
87GF Score

Get the complete analysis for NSE:FDC

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

₹413.25
Price
₹483.05
GF Value