Par Drugs and Chemicals (NSE:PAR) Cyclically Adjusted PS Ratio: 1.38 (As of Jul. 30, 2026) — Near Median

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NSE:PAR Par Drugs and Chemicals Ltd NSE:PAR
79 GF Score
Price ₹95.84
GF Value ₹208.17
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Par Drugs and Chemicals Cyclically Adjusted PS Ratio?

Par Drugs and Chemicals NSE:PAR +0.49% 79 Cyclically Adjusted PS Ratio is 1.38 as of Jul. 30, 2026, which is 5% above its 10-year median of 1.31. GuruFocus rates NSE:PAR with a GF Score™ of 79/100 and a GF Value™ of ₹208.17 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 749 Drug Manufacturers companies, Par Drugs and Chemicals ranks better than 63.55% on this metric.

As of today (2026-07-30), Par Drugs and Chemicals's current share price is ₹95.84. Par Drugs and Chemicals's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was ₹69.21. Par Drugs and Chemicals's Cyclically Adjusted PS Ratio for today is 1.38.

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

NSE:PAR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.31   Max: 1.52
Current: 1.36

During the past 10 years, Par Drugs and Chemicals's highest Cyclically Adjusted PS Ratio was 1.52. The lowest was 1.19. And the median was 1.31.

NSE:PAR's Cyclically Adjusted PS Ratio is ranked better than
63.55% of 749 companies
in the Drug Manufacturers industry
Industry Median: 1.98 vs NSE:PAR: 1.36

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.

Par Drugs and Chemicals's adjusted revenue per share data of for the fiscal year that ended in Mar26 was ₹84.211. 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 ₹69.21 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Par Drugs and Chemicals  (NSE:PAR) 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.


Par Drugs and Chemicals Cyclically Adjusted PS Ratio Related Terms


Par Drugs and Chemicals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Par Drugs and Chemicals'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.

Par Drugs and Chemicals Cyclically Adjusted PS Ratio Chart

Par Drugs and Chemicals 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 0.00 1.14

Par Drugs and Chemicals 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 0.00 0.00 0.00 0.00 1.14

NSE:PAR vs ZTS: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Par Drugs and Chemicals'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.


Par Drugs and Chemicals Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

* The bar in red indicates where Par Drugs and Chemicals's Cyclically Adjusted PS Ratio falls into.


NSE:PAR
79GF Score
Par Drugs and Chemicals Ltd NSE:PAR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Par Drugs and Chemicals 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.

Par Drugs and Chemicals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=95.84/69.21
=1.38

* 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.

Par Drugs and Chemicals's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Par Drugs and Chemicals's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=84.211/164.2724*164.2724
=84.211

Current CPI (Mar26) = 164.2724.

Par Drugs and Chemicals Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 37.967 105.196 59.289
201803 34.160 109.786 51.113
201903 37.043 118.202 51.481
202003 44.776 124.705 58.983
202103 48.663 131.771 60.666
202203 60.301 138.822 71.356
202303 77.282 146.865 86.442
202403 77.291 153.035 82.967
202503 82.092 157.552 85.594
202603 84.211 164.272 84.211

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 1.38 mean?
Par Drugs and Chemicals (NSE:PAR) has a Cyclically Adjusted PS Ratio of 1.38 as of Jul. 30, 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 Par Drugs and Chemicals and its competitors. This is near median its historical median of 1.31. Over the past decade, Par Drugs and Chemicals' Cyclically Adjusted PS Ratio has ranged from 1.19 to 1.52. According to the industry distribution chart, Par Drugs and Chemicals ranks #273 out of 749 companies in the Drug Manufacturers industry, placing it in the top 36.4%.
Is Par Drugs and Chemicals' Cyclically Adjusted PS Ratio too high?
Par Drugs and Chemicals' current Cyclically Adjusted PS Ratio of 1.38 is near median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 1.52. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 1.98. Par Drugs and Chemicals' value of 1.38 is 30.3% below this industry median. Based on the distribution chart, Par Drugs and Chemicals ranks #273 out of 749 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Par Drugs and Chemicals has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Par Drugs and Chemicals' Cyclically Adjusted PS Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Par Drugs and Chemicals ranks #273 out of 749 companies for Cyclically Adjusted PS Ratio. This puts Par Drugs and Chemicals in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.98. Par Drugs and Chemicals' value of 1.38 is 30.3% below this benchmark. Historically, Par Drugs and Chemicals' own Cyclically Adjusted PS Ratio has ranged from 1.19 to 1.52 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.98, Par Drugs and Chemicals 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 1.98, based on 749 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. Par Drugs and Chemicals's current Cyclically Adjusted PS Ratio of 1.38 is 30.3% 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 Par Drugs and Chemicals and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Par Drugs and Chemicals's current Cyclically Adjusted PS Ratio is 1.38, which is near median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Par Drugs and Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Par Drugs and Chemicals (NSE:PAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹208.17, compared to a current price of ₹95.84 — trading 54% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.38, which is near median its 10-year median of 1.31 and 30.3% below the Drug Manufacturers industry median of 1.98. Par Drugs and Chemicals' overall GF Score™ is 79/100 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 Par Drugs and Chemicals (NSE:PAR), the current Cyclically Adjusted PS Ratio is 1.38 as of Jul. 30, 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 Par Drugs and Chemicals (NSE:PAR) Overvalued in 2026?

Based on GuruFocus' analysis, Par Drugs and Chemicals stock appears to be undervalued. The current stock price of ₹95.84 is trading 54% below its estimated GF Value™ of ₹208.17. GuruFocus considers Par Drugs and Chemicals to be Significantly Undervalued.

Key valuation signals for NSE:PAR:

  • Cyclically Adjusted PS Ratio: 1.38 (near median its 10-year median of 1.31)
  • GF Value™: ₹208.17 vs. price of ₹95.84 (54% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 30.3% below the Drug Manufacturers median (#273 of 749)

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


Par Drugs and Chemicals Business Description

Address Gotri Vasna Road, 815, Nilamber Triumph, Vadodara, GJ, IND, 390007
Par Drugs and Chemicals Ltd manufactures active Pharmaceutical Ingredients (APIs) and fine chemicals, serving domestic and international markets. Specializing in essential magnesium-based compounds and other specialty chemicals such as Magnesium Hydroxide, Magnesium Trisilicate, Magnesium Carbonate, various grades of Magnesium Oxide, Dried Aluminum Hydroxide Gel, and Sucralfate USP, the Company produces high-quality bulk drugs used in the formulation of finished pharmaceutical products like tablets, capsules, and liquids. Committed to maintaining stringent quality standards and utilizing manufacturing processes, the Company plays a vital role in supplying reliable ingredients that ensure the safety, efficacy, and stability of pharmaceutical formulations internationally.
79GF Score

Get the complete analysis for NSE:PAR

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

₹95.84
Price
₹208.17
GF Value