Lincoln Pharmaceuticals (NSE:LINCOLN) Cyclically Adjusted PS Ratio: 2.09 (As of Aug. 06, 2026) — 23% Above Median

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NSE:LINCOLN Lincoln Pharmaceuticals Ltd NSE:LINCOLN
82 GF Score
Price ₹606.20
GF Value ₹723.13
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Lincoln Pharmaceuticals Cyclically Adjusted PS Ratio?

Lincoln Pharmaceuticals NSE:LINCOLN -0.76% 82 Cyclically Adjusted PS Ratio is 2.09 as of Aug. 06, 2026, which is 23% above its 10-year median of 1.70. GuruFocus rates NSE:LINCOLN with a GF Score™ of 82/100 and a GF Value™ of ₹723.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 750 Drug Manufacturers companies, Lincoln Pharmaceuticals ranks worse than 50.8% on this metric.

As of today (2026-08-06), Lincoln Pharmaceuticals's current share price is ₹606.20. Lincoln Pharmaceuticals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹290.25. Lincoln Pharmaceuticals's Cyclically Adjusted PS Ratio for today is 2.09.

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

NSE:LINCOLN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.7   Max: 3.29
Current: 2.01

During the past years, Lincoln Pharmaceuticals's highest Cyclically Adjusted PS Ratio was 3.29. The lowest was 0.96. And the median was 1.70.

NSE:LINCOLN's Cyclically Adjusted PS Ratio is ranked worse than
50.8% of 750 companies
in the Drug Manufacturers industry
Industry Median: 1.965 vs NSE:LINCOLN: 2.01

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.

Lincoln Pharmaceuticals's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹93.522. 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 ₹290.25 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lincoln Pharmaceuticals  (NSE:LINCOLN) 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.


Lincoln Pharmaceuticals Cyclically Adjusted PS Ratio Related Terms


Lincoln Pharmaceuticals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lincoln 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.

Lincoln Pharmaceuticals Cyclically Adjusted PS Ratio Chart

Lincoln 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 1.33 1.34 2.17 1.95 1.95

Lincoln 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 1.95 1.97 1.83 1.66 1.95

NSE:LINCOLN vs ZTS: Cyclically Adjusted PS Ratio Comparison

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


Lincoln Pharmaceuticals Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

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


NSE:LINCOLN
82GF Score
Lincoln Pharmaceuticals Ltd NSE:LINCOLN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lincoln 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=606.20/290.25
=2.09

* 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.

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

For example, Lincoln 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)
=93.522/164.2724*164.2724
=93.522

Current CPI (Mar. 2026) = 164.2724.

Lincoln Pharmaceuticals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 54.728 105.961 84.845
201609 45.557 105.961 70.627
201612 35.137 105.196 54.869
201703 59.504 105.196 92.920
201706 74.924 107.109 114.911
201709 44.814 109.021 67.525
201712 40.102 109.404 60.214
201803 30.831 109.786 46.132
201806 49.886 111.317 73.618
201809 51.302 115.142 73.192
201812 42.186 115.142 60.187
201903 34.990 118.202 48.628
201906 48.370 120.880 65.734
201909 56.361 123.175 75.166
201912 49.304 126.235 64.160
202003 34.396 124.705 45.309
202006 51.905 127.000 67.138
202009 63.057 130.118 79.609
202012 57.282 130.889 71.892
202103 35.014 131.771 43.650
202106 61.015 134.084 74.752
202109 63.661 135.847 76.982
202112 59.865 138.161 71.179
202203 49.269 138.822 58.302
202206 61.606 142.347 71.095
202209 70.208 144.661 79.726
202212 66.783 145.763 75.263
202303 53.494 146.865 59.835
202306 67.691 150.280 73.994
202309 77.897 151.492 84.469
202312 73.119 152.924 78.545
202403 66.474 153.035 71.355
202406 73.542 155.789 77.547
202409 80.514 157.882 83.773
202412 73.173 158.323 75.923
202503 83.982 157.552 87.564
202506 76.937 159.755 79.112
202509 81.584 162.289 82.581
202512 83.045 163.281 83.549
202603 93.522 164.272 93.522

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 2.09 mean?
Lincoln Pharmaceuticals (NSE:LINCOLN) has a Cyclically Adjusted PS Ratio of 2.09 as of Aug. 06, 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 Lincoln Pharmaceuticals and its competitors. This is 23% above median its historical median of 1.70. Over the past decade, Lincoln Pharmaceuticals' Cyclically Adjusted PS Ratio has ranged from 0.96 to 3.29. According to the industry distribution chart, Lincoln Pharmaceuticals ranks #381 out of 750 companies in the Drug Manufacturers industry, placing it in the top 50.8%.
Is Lincoln Pharmaceuticals' Cyclically Adjusted PS Ratio too high?
Lincoln Pharmaceuticals' current Cyclically Adjusted PS Ratio of 2.09 is 23% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 3.29. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 1.97. Lincoln Pharmaceuticals' value of 2.09 is 6.4% above this industry median. Based on the distribution chart, Lincoln Pharmaceuticals ranks #381 out of 750 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Lincoln Pharmaceuticals has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lincoln Pharmaceuticals' Cyclically Adjusted PS Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Lincoln Pharmaceuticals ranks #381 out of 750 companies for Cyclically Adjusted PS Ratio. This places Lincoln Pharmaceuticals in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.97. Lincoln Pharmaceuticals' value of 2.09 is 6.4% above this benchmark. Historically, Lincoln Pharmaceuticals' own Cyclically Adjusted PS Ratio has ranged from 0.96 to 3.29 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.97, Lincoln 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 1.97, 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. Lincoln Pharmaceuticals's current Cyclically Adjusted PS Ratio of 2.09 is 6.4% 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 Lincoln Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Pharmaceuticals's current Cyclically Adjusted PS Ratio is 2.09, which is 23% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Lincoln Pharmaceuticals (NSE:LINCOLN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹723.13, compared to a current price of ₹606.20 — trading 16.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.09, which is 23% above median its 10-year median of 1.70 and 6.4% above the Drug Manufacturers industry median of 1.97. Lincoln Pharmaceuticals' overall GF Score™ is 82/100 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 Lincoln Pharmaceuticals (NSE:LINCOLN), the current Cyclically Adjusted PS Ratio is 2.09 as of Aug. 06, 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 Lincoln Pharmaceuticals (NSE:LINCOLN) Overvalued in 2026?

Based on GuruFocus' analysis, Lincoln Pharmaceuticals stock appears to be undervalued. The current stock price of ₹606.20 is trading 16.2% below its estimated GF Value™ of ₹723.13. GuruFocus considers Lincoln Pharmaceuticals to be Modestly Undervalued.

Key valuation signals for NSE:LINCOLN:

  • Cyclically Adjusted PS Ratio: 2.09 (23% above median its 10-year median of 1.70)
  • GF Value™: ₹723.13 vs. price of ₹606.20 (16.2% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 6.4% above the Drug Manufacturers median (#381 of 750)

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


Lincoln Pharmaceuticals Business Description

Other Exchanges 531633:India
Address Science City Road, Lincoln House, Behind Satyam Complex, Sola, Ahmedabad, GJ, IND, 380060
Lincoln Pharmaceuticals Ltd is an India-based company engaged in the business of manufacturing and trading of pharmaceutical products. It offers products in the fields of cardiac, diabetic, anti-malarial, anti-biotic, anti-fungal, cephalosporin, analgesics, anesthetics, anti-pyretic, GIT products, vitamin-minerals, and iron preparations. Some of the key brands through which the company markets its products are; Rhino, Binafin, Kezolin, Hepalin, Progut, and Vomistat among others. Geographically, it carries out sales in India and outside India; generating key revenue from outside India.
82GF Score

Get the complete analysis for NSE:LINCOLN

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

₹606.20
Price
₹723.13
GF Value