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.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Nelco's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was ₹136.546. Nelco's 10-Year median PS Ratio is 4.3094. Therefore, the Median PS Value for today is ₹588.43.
As of today (2026-08-31), Nelco's share price is ₹961.20. Nelco's Median PS Value is ₹588.43. Therefore, Nelco's Price to Median PS Value for today is 1.63.
The historical rank and industry rank for Nelco's Median PS Value or its related term are showing as below:
NSE:NELCO'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.95 Med: 2.61 Max: 4.11
Current: 1.63
During the past 13 years, the highest Price to Median PS Value of Nelco was 4.11. The lowest was 0.95. And the median was 2.61.
NSE:NELCO's Price-to-Median-PS-Value is ranked worse than 66.77% of 1565
companies
in the Hardware industry
Industry Median: 1.23
vs NSE:NELCO: 1.63
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Nelco's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
961.20
/
588.43
=
1.63
* 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.
Nelco Median PS Value Related Terms
Nelco Median PS Value Historical Data
* Premium members only.
The historical data trend for Nelco's Median PS Value 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.
NSE:NELCO vs CSCO, MSI, LITE: Median PS Value Comparison
For the Communication Equipment subindustry, Nelco's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Nelco Price-to-Median-PS-Value vs Hardware Industry
For the Hardware industry and Technology sector, Nelco's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Nelco's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 4.3094.
Nelco's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹136.546.
* 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.
Nelco (NSE:NELCO) has a Median PS Value of ₹588.43 as of Aug. 31, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Nelco and its competitors. According to the industry distribution chart, Nelco ranks #1045 out of 1565 companies in the Hardware industry, placing it in the top 66.8%.
Is Nelco's Median PS Value too high?
Nelco's current Median PS Value is ₹588.43. Based on the distribution chart, Nelco ranks #1045 out of 1565 companies in the Hardware industry, which is below the industry midpoint. Overall, Nelco has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nelco's Median PS Value compare to CSCO and MSI?
According to the Hardware industry distribution chart, Nelco ranks #1045 out of 1565 companies for Median PS Value. This places Nelco in the lower half of its industry. The industry median Median PS Value is 1.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Hardware company?
The median Median PS Value among Hardware companies is 1.23, based on 1,565 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Nelco and its competitors. For the Hardware industry, the median Median PS Value is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nelco's current Median PS Value is ₹588.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nelco stock overvalued right now?
Based on GuruFocus' analysis, Nelco (NSE:NELCO) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹820.78, compared to a current price of ₹961.20 — trading 17.1% above its estimated fair value. The current Median PS Value is ₹588.43. Nelco's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Nelco (NSE:NELCO), the current Median PS Value is ₹588.43 as of Aug. 31, 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 Nelco (NSE:NELCO) Overvalued in 2026?
Based on GuruFocus' analysis, Nelco stock appears to be overvalued.
The current stock price of ₹961.20 is trading 17.1% above its estimated GF Value™ of ₹820.78.
GuruFocus considers Nelco to be Modestly Overvalued.
Key valuation signals for NSE:NELCO:
Median PS Value: ₹588.43
GF Value™: ₹820.78 vs. price of ₹961.20 (17.1% above fair value)
No single metric tells the full story. See the NSE:NELCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nelco Ltd is in the business of providing domestic satellite communication services to close user group (CUG) networks via Satellite System on non-exclusive basis within the territorial boundary of India under the VSAT, ISP and other Licenses and authorisation granted by Department of Telecommunications, Government of India. The company operates in a single reportable segment, namely Network Systems, comprising Satellite Communication (Satcom) Services, which include equipment sales, maintenance, and other allied services. The group earns revenue from providing Satellite communication connectivity systems and solutions through sale of goods, providing installation and annual maintenance services, renting of goods, Integrated Security & Surveillance services.
73GF Score
Get the complete analysis for NSE:NELCO
Median PS Value 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:NELCO has been successfully added to your 
