Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Dr. Lal PathLabsNSE:LALPATHLAB -0.16%95 Cyclically Adjusted PS Ratio is 14.52 as of Sep. 10, 2026, which is 15% above its 10-year median of 12.65. GuruFocus rates NSE:LALPATHLAB with a GF Score™ of 95/100 and a GF Value™ of ₹1,768.10 (Fairly Valued). The stock has 5 warning signs investors should review. Among 135 Medical Diagnostics & Research companies, Dr. Lal PathLabs ranks worse than 91.85% on this metric.
The historical rank and industry rank for Dr. Lal PathLabs's Cyclically Adjusted PS Ratio or its related term are showing as below:
NSE:LALPATHLAB'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.8 Med: 12.65 Max: 16.01
Current: 14.22
During the past years, Dr. Lal PathLabs's highest Cyclically Adjusted PS Ratio was 16.01. The lowest was 9.80. And the median was 12.65.
NSE:LALPATHLAB's Cyclically Adjusted PS Ratio is ranked worse than 91.85% of 135
companies
in the Medical Diagnostics & Research industry
Industry Median: 2.03
vs NSE:LALPATHLAB: 14.22
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.
Dr. Lal PathLabs's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹47.674. 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 ₹132.04 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Dr. Lal PathLabs (NSE:LALPATHLAB) 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.
Dr. Lal PathLabs Cyclically Adjusted PS Ratio Related Terms
Dr. Lal PathLabs Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Dr. Lal PathLabs'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.
Dr. Lal PathLabs Cyclically Adjusted PS Ratio Chart
NSE:LALPATHLAB vs TMO, DHR, NTRA: Cyclically Adjusted PS Ratio Comparison
For the Diagnostics & Research subindustry, Dr. Lal PathLabs'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.
Dr. Lal PathLabs Cyclically Adjusted PS Ratio vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Dr. Lal PathLabs's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Dr. Lal PathLabs's Cyclically Adjusted PS Ratio falls into.
Dr. Lal PathLabs 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.
Dr. Lal PathLabs's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 14.52 mean?
Dr. Lal PathLabs (NSE:LALPATHLAB) has a Cyclically Adjusted PS Ratio of 14.52 as of Sep. 10, 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 Dr. Lal PathLabs and its competitors. This is 15% above median its historical median of 12.65. Over the past decade, Dr. Lal PathLabs' Cyclically Adjusted PS Ratio has ranged from 9.80 to 16.01. According to the industry distribution chart, Dr. Lal PathLabs ranks #124 out of 135 companies in the Medical Diagnostics & Research industry, placing it in the top 91.9%.
Is Dr. Lal PathLabs' Cyclically Adjusted PS Ratio too high?
Dr. Lal PathLabs' current Cyclically Adjusted PS Ratio of 14.52 is 15% above median its 10-year median of 12.65. Over the past 10 years, this metric has ranged from a low of 9.80 to a high of 16.01. The Medical Diagnostics & Research industry median Cyclically Adjusted PS Ratio is 2.03. Dr. Lal PathLabs' value of 14.52 is 615.3% above this industry median. Based on the distribution chart, Dr. Lal PathLabs ranks #124 out of 135 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, Dr. Lal PathLabs has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dr. Lal PathLabs' Cyclically Adjusted PS Ratio compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Dr. Lal PathLabs ranks #124 out of 135 companies for Cyclically Adjusted PS Ratio. This places Dr. Lal PathLabs in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.03. Dr. Lal PathLabs' value of 14.52 is 615.3% above this benchmark. Historically, Dr. Lal PathLabs' own Cyclically Adjusted PS Ratio has ranged from 9.80 to 16.01 over the past decade. While the company's 10-year median is 12.65 vs. the industry median of 2.03, Dr. Lal PathLabs 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 Medical Diagnostics & Research company?
The median Cyclically Adjusted PS Ratio among Medical Diagnostics & Research companies is 2.03, based on 135 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. Dr. Lal PathLabs's current Cyclically Adjusted PS Ratio of 14.52 is 615.3% 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 Dr. Lal PathLabs and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PS Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dr. Lal PathLabs's current Cyclically Adjusted PS Ratio is 14.52, which is 15% above median its own 10-year median of 12.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dr. Lal PathLabs stock overvalued right now?
Based on GuruFocus' analysis, Dr. Lal PathLabs (NSE:LALPATHLAB) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,768.10, compared to a current price of ₹1,916.70 — trading 8.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 14.52, which is 15% above median its 10-year median of 12.65 and 615.3% above the Medical Diagnostics & Research industry median of 2.03. Dr. Lal PathLabs' overall GF Score™ is 95/100 with 5 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 Dr. Lal PathLabs (NSE:LALPATHLAB), the current Cyclically Adjusted PS Ratio is 14.52 as of Sep. 10, 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 Dr. Lal PathLabs (NSE:LALPATHLAB) Overvalued in 2026?
Based on GuruFocus' analysis, Dr. Lal PathLabs stock appears to be overvalued.
The current stock price of ₹1,916.70 is trading 8.4% above its estimated GF Value™ of ₹1,768.10.
GuruFocus considers Dr. Lal PathLabs to be Fairly Valued.
Key valuation signals for NSE:LALPATHLAB:
Cyclically Adjusted PS Ratio: 14.52 (15% above median its 10-year median of 12.65)
GF Value™: ₹1,768.10 vs. price of ₹1,916.70 (8.4% above fair value)
Industry Position: 615.3% above the Medical Diagnostics & Research median (#124 of 135)
No single metric tells the full story. See the NSE:LALPATHLAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dr. Lal PathLabs Ltd is a pathology lab based in India. It is involved in providing diagnostic services and other healthcare tests in the areas of pathology and radiology. The company operates laboratories for carrying out pathological diagnostic services in various branches of biochemistry, hematology, histopathology, microbiology, electrophoresis, immunochemistry, immunology, virology, cytology, and other pathological and radiological investigations. Its diagnostic services assist in preventing, monitoring, and treating diseases and improving health conditions. The company has business operations in India and other countries, of which maximum revenue is generated within India.
95GF Score
Get the complete analysis for NSE:LALPATHLAB
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:LALPATHLAB has been successfully added to your 
