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Ion Exchange (India)BOM:500214 +0.31%77 PS Ratio is 5.14 as of Aug. 18, 2026, which is 284% above its 10-year median of 1.34. GuruFocus rates BOM:500214 with a GF Score™ of 77/100 and a GF Value™ of ₹618.48 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 3,020 Industrial Products companies, Ion Exchange (India) ranks worse than 78.44% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Ion Exchange (India)'s share price is ₹374.45.
Ion Exchange (India)'s Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹72.81. Hence, Ion Exchange (India)'s PS Ratio for today is 5.14.
Good Sign:
Ion Exchange (India) Ltd stock PS Ratio (=1.52) is close to 3-year low of 1.41.
The historical rank and industry rank for Ion Exchange (India)'s PS Ratio or its related term are showing as below:
BOM:500214'
s PS Ratio Range Over the Past 10 Years
Min: 0.38 Med: 1.34 Max: 5.15
Current: 5.15
During the past 13 years, Ion Exchange (India)'s highest PS Ratio was 5.15. The lowest was 0.38. And the median was 1.34.
BOM:500214's PS Ratio is ranked worse than 78.44% of 3020
companies
in the Industrial Products industry
Industry Median: 2.06
vs BOM:500214: 5.15
Ion Exchange (India) Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Ion Exchange (India) was 6.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 13.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 16.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 14.00% per year.
During the past 13 years, Ion Exchange (India)'s highest 3-Year average Revenue per Share Growth Rate was 20.50% per year. The lowest was -1.90% per year. And the median was 13.00% per year.
Ion Exchange (India) (BOM:500214) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Ion Exchange (India) PS Ratio Related Terms
Ion Exchange (India) PS Ratio Historical Data
* Premium members only.
The historical data trend for Ion Exchange (India)'s 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.
BOM:500214 vs VLTO, ZWS, CECO: PS Ratio Comparison
For the Pollution & Treatment Controls subindustry, Ion Exchange (India)'s PS Ratio, along with its competitors' market caps and 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.
Ion Exchange (India) PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ion Exchange (India)'s PS Ratio distribution charts can be found below:
* The bar in red indicates where Ion Exchange (India)'s PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Ion Exchange (India)'s Share Price of today is ₹374.45.
For company reported annually, GuruFocus uses latest annual data as the TTM data. Ion Exchange (India)'s Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹72.81.
* 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.
It can also be calculated from the numbers for the whole company:
Ion Exchange (India) (BOM:500214) has a PS Ratio of 5.14 as of Aug. 18, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Ion Exchange (India) and its competitors. This is 284% above median its historical median of 1.34. Over the past decade, Ion Exchange (India)'s PS Ratio has ranged from 0.38 to 5.15. According to the industry distribution chart, Ion Exchange (India) ranks #2369 out of 3020 companies in the Industrial Products industry, placing it in the top 78.4%.
Is Ion Exchange (India)'s PS Ratio too high?
Ion Exchange (India)'s current PS Ratio of 5.14 is 284% above median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 5.15. The Industrial Products industry median PS Ratio is 2.06. Ion Exchange (India)'s value of 5.14 is 149.5% above this industry median. Based on the distribution chart, Ion Exchange (India) ranks #2369 out of 3020 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ion Exchange (India) has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ion Exchange (India)'s PS Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Ion Exchange (India) ranks #2369 out of 3020 companies for PS Ratio. This places Ion Exchange (India) in the lower half of its industry. The industry median PS Ratio is 2.06. Ion Exchange (India)'s value of 5.14 is 149.5% above this benchmark. Historically, Ion Exchange (India)'s own PS Ratio has ranged from 0.38 to 5.15 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 2.06, Ion Exchange (India) 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 PS Ratio for an Industrial Products company?
The median PS Ratio among Industrial Products companies is 2.06, based on 3,020 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ion Exchange (India)'s current PS Ratio of 5.14 is 149.5% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Ion Exchange (India) and its competitors. For the Industrial Products industry, the median PS Ratio is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ion Exchange (India)'s current PS Ratio is 5.14, which is 284% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ion Exchange (India) stock overvalued right now?
Based on GuruFocus' analysis, Ion Exchange (India) (BOM:500214) is currently considered Possible Value Trap. The stock's GF Value™ is ₹618.48, compared to a current price of ₹374.45 — trading 39.5% below its estimated fair value. The current PS Ratio is 5.14, which is 284% above median its 10-year median of 1.34 and 149.5% above the Industrial Products industry median of 2.06. Ion Exchange (India)'s overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Ion Exchange (India) (BOM:500214), the current PS Ratio is 5.14 as of Aug. 18, 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 Ion Exchange (India) (BOM:500214) Overvalued in 2026?
Based on GuruFocus' analysis, Ion Exchange (India) stock appears to be undervalued.
The current stock price of ₹374.45 is trading 39.5% below its estimated GF Value™ of ₹618.48.
GuruFocus considers Ion Exchange (India) to be Possible Value Trap.
Key valuation signals for BOM:500214:
PS Ratio: 5.14 (284% above median its 10-year median of 1.34)
GF Value™: ₹618.48 vs. price of ₹374.45 (39.5% below fair value)
Industry Position: 149.5% above the Industrial Products median (#2369 of 3020)
No single metric tells the full story. See the BOM:500214 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ion Exchange (India) Ltd offers a wide range of solutions across the water cycle from pre-treatment to process water treatment, wastewater treatment, recycling, zero liquid discharge, sewage treatment, packaged drinking water, seawater desalination, etc. It also engaged in manufacturing resins, and specialty chemicals for water and wastewater treatment as well as non-water applications. It operates its business through the Engineering segment, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. It caters to both domestic and international markets.
77GF Score
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