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NelcoBOM:504112 -2.63%66 PS Ratio is 7.02 as of Aug. 08, 2026, which is 68% above its 10-year median of 4.17. GuruFocus rates BOM:504112 with a GF Score™ of 66/100 and a GF Value™ of ₹815.82 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,470 Hardware companies, Nelco ranks worse than 83.24% 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, Nelco's share price is ₹959.00.
Nelco's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was ₹136.55. Hence, Nelco's PS Ratio for today is 7.02.
Warning Sign:
Nelco Ltd stock PS Ratio (=6.84) is close to 1-year high of 7.
The historical rank and industry rank for Nelco's PS Ratio or its related term are showing as below:
BOM:504112'
s PS Ratio Range Over the Past 10 Years
Min: 1.16 Med: 4.17 Max: 10.19
Current: 7.29
During the past 13 years, Nelco's highest PS Ratio was 10.19. The lowest was 1.16. And the median was 4.17.
BOM:504112's PS Ratio is ranked worse than 83.24% of 2470
companies
in the Hardware industry
Industry Median: 1.89
vs BOM:504112: 7.29
Nelco's Revenue per Sharefor the
three
months ended in Jun. 2026 was ₹34.89.
Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was ₹136.55.
Warning Sign:
Nelco Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Nelco was 1.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -0.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 11.20% per year.
During the past 13 years, Nelco's highest 3-Year average Revenue per Share Growth Rate was 20.90% per year. The lowest was -14.30% per year. And the median was 4.55% per year.
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.
Nelco PS Ratio Related Terms
Nelco PS Ratio Historical Data
* Premium members only.
The historical data trend for Nelco'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.
For the Communication Equipment subindustry, Nelco'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.
Nelco PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Nelco's PS Ratio distribution charts can be found below:
* The bar in red indicates where Nelco'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.
Nelco's Share Price of today is ₹959.00. 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 ₹136.55.
* 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:
Nelco (BOM:504112) has a PS Ratio of 7.02 as of Aug. 08, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Nelco and its competitors. This is 68% above median its historical median of 4.17. Over the past decade, Nelco's PS Ratio has ranged from 1.16 to 10.19. According to the industry distribution chart, Nelco ranks #2056 out of 2470 companies in the Hardware industry, placing it in the top 83.2%.
Is Nelco's PS Ratio too high?
Nelco's current PS Ratio of 7.02 is 68% above median its 10-year median of 4.17. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 10.19. The Hardware industry median PS Ratio is 1.89. Nelco's value of 7.02 is 271.4% above this industry median. Based on the distribution chart, Nelco ranks #2056 out of 2470 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Nelco has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nelco's PS Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Nelco ranks #2056 out of 2470 companies for PS Ratio. This places Nelco in the lower half of its industry. The industry median PS Ratio is 1.89. Nelco's value of 7.02 is 271.4% above this benchmark. Historically, Nelco's own PS Ratio has ranged from 1.16 to 10.19 over the past decade. While the company's 10-year median is 4.17 vs. the industry median of 1.89, Nelco 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 a Hardware company?
The median PS Ratio among Hardware companies is 1.89, based on 2,470 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. Nelco's current PS Ratio of 7.02 is 271.4% 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 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 Nelco and its competitors. For the Hardware industry, the median PS Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nelco's current PS Ratio is 7.02, which is 68% above median its own 10-year median of 4.17. 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 (BOM:504112) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹815.82, compared to a current price of ₹959.00 — trading 17.6% above its estimated fair value. The current PS Ratio is 7.02, which is 68% above median its 10-year median of 4.17 and 271.4% above the Hardware industry median of 1.89. Nelco's overall GF Score™ is 66/100 with 7 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 Nelco (BOM:504112), the current PS Ratio is 7.02 as of Aug. 08, 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 (BOM:504112) Overvalued in 2026?
Based on GuruFocus' analysis, Nelco stock appears to be overvalued.
The current stock price of ₹959.00 is trading 17.6% above its estimated GF Value™ of ₹815.82.
GuruFocus considers Nelco to be Modestly Overvalued.
Key valuation signals for BOM:504112:
PS Ratio: 7.02 (68% above median its 10-year median of 4.17)
GF Value™: ₹815.82 vs. price of ₹959.00 (17.6% above fair value)
Industry Position: 271.4% above the Hardware median (#2056 of 2470)
No single metric tells the full story. See the BOM:504112 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.
66GF Score
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