Garware Marine Industries (BOM:509563) PS Ratio: 10.97 (As of Aug. 05, 2026) — 170% Above Median

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BOM:509563 Garware Marine Industries Ltd BOM:509563
64 GF Score
Price ₹21.08
GF Value ₹24.52
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Garware Marine Industries PS Ratio?

Garware Marine Industries BOM:509563 -0.14% 64 PS Ratio is 10.97 as of Aug. 05, 2026, which is 170% above its 10-year median of 4.06. GuruFocus rates BOM:509563 with a GF Score™ of 64/100 and a GF Value™ of ₹24.52 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 348 Aerospace & Defense companies, Garware Marine Industries ranks worse than 79.02% 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, Garware Marine Industries's share price is ₹21.08. Garware Marine Industries's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.92. Hence, Garware Marine Industries's PS Ratio for today is 10.97.

Good Sign:

Garware Marine Industries Ltd stock PS Ratio (=11.05) is close to 2-year low of 11.01.

The historical rank and industry rank for Garware Marine Industries's PS Ratio or its related term are showing as below:

BOM:509563' s PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 4.06   Max: 37.27
Current: 11.07

During the past 13 years, Garware Marine Industries's highest PS Ratio was 37.27. The lowest was 0.85. And the median was 4.06.

BOM:509563's PS Ratio is ranked worse than
79.02% of 348 companies
in the Aerospace & Defense industry
Industry Median: 3.83 vs BOM:509563: 11.07

Garware Marine Industries's Revenue per Sharefor the three months ended in Mar. 2026 was ₹0.43. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.92.

Warning Sign:

Garware Marine Industries Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Garware Marine Industries was -8.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was -3.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was -6.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was -0.30% per year.

During the past 13 years, Garware Marine Industries's highest 3-Year average Revenue per Share Growth Rate was 8.30% per year. The lowest was -54.50% per year. And the median was -6.30% per year.

Back to Basics: PS Ratio


Garware Marine Industries  (BOM:509563) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Garware Marine Industries PS Ratio Related Terms


Garware Marine Industries PS Ratio Historical Data

* Premium members only.

The historical data trend for Garware Marine Industries'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.

Garware Marine Industries PS Ratio Chart

Garware Marine Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.25 2.83 9.24 13.38 12.29

Garware Marine Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.38 17.16 16.11 14.40 12.29

BOM:509563 vs SPCX, GE, RTX: PS Ratio Comparison

For the Aerospace & Defense subindustry, Garware Marine Industries'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.


Garware Marine Industries PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Garware Marine Industries's PS Ratio distribution charts can be found below:

* The bar in red indicates where Garware Marine Industries's PS Ratio falls into.


BOM:509563
64GF Score
Garware Marine Industries Ltd BOM:509563
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garware Marine Industries PS Ratio Calculation

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.

Garware Marine Industries's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=21.08/1.921
=10.97

Garware Marine Industries's Share Price of today is ₹21.08.
Garware Marine Industries's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1.92.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 10.97 mean?
Garware Marine Industries (BOM:509563) has a PS Ratio of 10.97 as of Aug. 05, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Garware Marine Industries and its competitors. This is 170% above median its historical median of 4.06. Over the past decade, Garware Marine Industries' PS Ratio has ranged from 0.85 to 37.27. According to the industry distribution chart, Garware Marine Industries ranks #275 out of 348 companies in the Aerospace & Defense industry, placing it in the top 79%.
Is Garware Marine Industries' PS Ratio too high?
Garware Marine Industries' current PS Ratio of 10.97 is 170% above median its 10-year median of 4.06. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 37.27. The Aerospace & Defense industry median PS Ratio is 3.83. Garware Marine Industries' value of 10.97 is 186.4% above this industry median. Based on the distribution chart, Garware Marine Industries ranks #275 out of 348 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Garware Marine Industries has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garware Marine Industries' PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Garware Marine Industries ranks #275 out of 348 companies for PS Ratio. This places Garware Marine Industries in the lower half of its industry. The industry median PS Ratio is 3.83. Garware Marine Industries' value of 10.97 is 186.4% above this benchmark. Historically, Garware Marine Industries' own PS Ratio has ranged from 0.85 to 37.27 over the past decade. While the company's 10-year median is 4.06 vs. the industry median of 3.83, Garware Marine Industries 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 Aerospace & Defense company?
The median PS Ratio among Aerospace & Defense companies is 3.83, based on 348 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. Garware Marine Industries's current PS Ratio of 10.97 is 186.4% 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 Garware Marine Industries and its competitors. For the Aerospace & Defense industry, the median PS Ratio is 3.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Marine Industries's current PS Ratio is 10.97, which is 170% above median its own 10-year median of 4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Marine Industries stock overvalued right now?
Based on GuruFocus' analysis, Garware Marine Industries (BOM:509563) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹24.52, compared to a current price of ₹21.08 — trading 14% below its estimated fair value. The current PS Ratio is 10.97, which is 170% above median its 10-year median of 4.06 and 186.4% above the Aerospace & Defense industry median of 3.83. Garware Marine Industries' overall GF Score™ is 64/100 with 2 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 Garware Marine Industries (BOM:509563), the current PS Ratio is 10.97 as of Aug. 05, 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 Garware Marine Industries (BOM:509563) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Marine Industries stock appears to be undervalued. The current stock price of ₹21.08 is trading 14% below its estimated GF Value™ of ₹24.52. GuruFocus considers Garware Marine Industries to be Modestly Undervalued.

Key valuation signals for BOM:509563:

  • PS Ratio: 10.97 (170% above median its 10-year median of 4.06)
  • GF Value™: ₹24.52 vs. price of ₹21.08 (14% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 186.4% above the Aerospace & Defense median (#275 of 348)

No single metric tells the full story. See the BOM:509563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garware Marine Industries Business Description

Address D.N. Road, 03rd Floor, Prospect Chambers, Fort, Mumbai, MH, IND, 400 001
Garware Marine Industries Ltd is an India-based company engaged in the repair of vessels. The principal product/service includes ship repair services. The ship repair services provided by the company include Pump overhauls, Engine overhauls, Hydraulic repairs, gearbox repair, and Pipeline and other marine fabrication jobs.
64GF Score

Get the complete analysis for BOM:509563

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

₹21.08
Price
₹24.52
GF Value