ZLDPF (Zealand Pharma AS) Cyclically Adjusted PS Ratio: 16.68 (As of Jul. 10, 2026) — 53% Below Median


ZLDPF Zealand Pharma AS ZLDPF
62 GF Score
Price $44.86
GF Value $1,936.51
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Zealand Pharma AS Cyclically Adjusted PS Ratio?

Zealand Pharma AS ZLDPF 62 Cyclically Adjusted PS Ratio is 16.68 as of Jul. 10, 2026, which is 53% below its 10-year median of 35.13. GuruFocus rates ZLDPF with a GF Score™ of 62/100 and a GF Value™ of $1,936.51 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 538 Biotechnology companies, Zealand Pharma AS ranks worse than 75.84% on this metric.

As of today (2026-07-10), Zealand Pharma AS's current share price is $44.86. Zealand Pharma AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $2.69. Zealand Pharma AS's Cyclically Adjusted PS Ratio for today is 16.68.

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

ZLDPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 13.32   Med: 35.13   Max: 179.43
Current: 16.23

During the past years, Zealand Pharma AS's highest Cyclically Adjusted PS Ratio was 179.43. The lowest was 13.32. And the median was 35.13.

ZLDPF's Cyclically Adjusted PS Ratio is ranked worse than
75.84% of 538 companies
in the Biotechnology industry
Industry Median: 5.85 vs ZLDPF: 16.23

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.

Zealand Pharma AS's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.074. 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 $2.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zealand Pharma AS  (OTCPK:ZLDPF) 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.


Zealand Pharma AS Cyclically Adjusted PS Ratio Related Terms


Zealand Pharma AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zealand Pharma AS'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.

Zealand Pharma AS Cyclically Adjusted PS Ratio Chart

Zealand Pharma AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.97 39.47 67.03 143.70 26.44

Zealand Pharma AS 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 103.19 19.35 24.92 26.44 16.64

ZLDPF vs VRTX, REGN, ALNY: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Zealand Pharma AS'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.


Zealand Pharma AS Cyclically Adjusted PS Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Zealand Pharma AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ZLDPF
62GF Score
Zealand Pharma AS ZLDPF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zealand Pharma AS 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.

Zealand Pharma AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.86/2.69
=16.68

* 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.

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

For example, Zealand Pharma AS'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)
=0.074/121.6800*121.6800
=0.074

Current CPI (Mar. 2026) = 121.6800.

Zealand Pharma AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.050 100.600 0.060
201609 0.248 100.200 0.301
201612 0.980 100.300 1.189
201703 0.427 101.200 0.513
201706 0.059 101.200 0.071
201709 0.220 101.800 0.263
201712 0.052 101.300 0.062
201803 0.052 101.700 0.062
201806 0.077 102.300 0.092
201809 0.000 102.400 0.000
201812 0.065 102.100 0.077
201903 0.000 102.900 0.000
201906 0.095 102.900 0.112
201909 0.045 102.900 0.053
201912 0.047 102.900 0.056
202003 0.051 103.300 0.060
202006 0.898 103.200 1.059
202009 0.226 103.500 0.266
202012 -0.395 103.400 -0.465
202103 0.022 104.300 0.026
202106 0.137 105.000 0.159
202109 0.199 105.800 0.229
202112 0.047 106.600 0.054
202203 0.038 109.900 0.042
202206 0.081 113.600 0.087
202209 0.126 116.400 0.132
202212 0.067 115.900 0.070
202303 0.038 117.300 0.039
202306 0.026 116.400 0.027
202309 0.702 117.400 0.728
202312 0.058 116.700 0.060
202403 0.036 118.400 0.037
202406 0.079 118.500 0.081
202409 0.009 118.900 0.009
202412 0.018 118.900 0.018
202503 0.016 120.200 0.016
202506 19.593 120.700 19.752
202509 0.111 121.600 0.111
202512 0.152 121.200 0.153
202603 0.074 121.680 0.074

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 16.68 mean?
Zealand Pharma AS (ZLDPF) has a Cyclically Adjusted PS Ratio of 16.68 as of Jul. 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 Zealand Pharma AS and its competitors. This is 53% below median its historical median of 35.13. Over the past decade, Zealand Pharma AS's Cyclically Adjusted PS Ratio has ranged from 13.32 to 179.43. According to the industry distribution chart, Zealand Pharma AS ranks #408 out of 538 companies in the Biotechnology industry, placing it in the top 75.8%.
Is Zealand Pharma AS's Cyclically Adjusted PS Ratio too high?
Zealand Pharma AS's current Cyclically Adjusted PS Ratio of 16.68 is 53% below median its 10-year median of 35.13. Over the past 10 years, this metric has ranged from a low of 13.32 to a high of 179.43. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.85. Zealand Pharma AS's value of 16.68 is 185.1% above this industry median. Based on the distribution chart, Zealand Pharma AS ranks #408 out of 538 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Zealand Pharma AS has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zealand Pharma AS's Cyclically Adjusted PS Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Zealand Pharma AS ranks #408 out of 538 companies for Cyclically Adjusted PS Ratio. This places Zealand Pharma AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.85. Zealand Pharma AS's value of 16.68 is 185.1% above this benchmark. Historically, Zealand Pharma AS's own Cyclically Adjusted PS Ratio has ranged from 13.32 to 179.43 over the past decade. While the company's 10-year median is 35.13 vs. the industry median of 5.85, Zealand Pharma AS 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 Biotechnology company?
The median Cyclically Adjusted PS Ratio among Biotechnology companies is 5.85, 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. Zealand Pharma AS's current Cyclically Adjusted PS Ratio of 16.68 is 185.1% 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 Zealand Pharma AS and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zealand Pharma AS's current Cyclically Adjusted PS Ratio is 16.68, which is 53% below median its own 10-year median of 35.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zealand Pharma AS stock overvalued right now?
Based on GuruFocus' analysis, Zealand Pharma AS (ZLDPF) is currently considered Possible Value Trap. The stock's GF Value™ is $1,936.51, compared to a current price of $44.86 — trading 97.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 16.68, which is 53% below median its 10-year median of 35.13 and 185.1% above the Biotechnology industry median of 5.85. Zealand Pharma AS's overall GF Score™ is 62/100 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 Zealand Pharma AS (ZLDPF), the current Cyclically Adjusted PS Ratio is 16.68 as of Jul. 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 Zealand Pharma AS (ZLDPF) Overvalued in 2026?

Based on GuruFocus' analysis, Zealand Pharma AS stock appears to be undervalued. The current stock price of $44.86 is trading 97.7% below its estimated GF Value™ of $1,936.51. GuruFocus considers Zealand Pharma AS to be Possible Value Trap.

Key valuation signals for ZLDPF:

  • Cyclically Adjusted PS Ratio: 16.68 (53% below median its 10-year median of 35.13)
  • GF Value™: $1,936.51 vs. price of $44.86 (97.7% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 185.1% above the Biotechnology median (#408 of 538)

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


Zealand Pharma AS Business Description

Address Sydmarken 11, Soborg, DNK, DK-2860
Zealand Pharma AS is a biotechnology company. It is focused on the discovery, design, and development of peptide-based medicines. The company's product pipeline includes three product candidates in clinical development: glepaglutide, which is being developed to treat short bowel syndrome or SBS; dasiglucagon formulated for use in a dual-hormone artificial pancreas system for diabetes management; and dasiglucagon for use in the treatment of congenital hyperinsulinism. The company has out-licensed a peptide program to Boehringer Ingelheim that has been moved ahead into early clinical development: a once-weekly novel dual-acting GLP-1/glucagon agonist for the treatment of obesity and/or Type 2 diabetes.
62GF Score

Get the complete analysis for ZLDPF

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

$44.86
Price
$1,936.51
GF Value