Shalimar Paints (BOM:509874) PS Ratio: 1.25 (As of Aug. 06, 2026) — 38% Below Median

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BOM:509874 Shalimar Paints Ltd BOM:509874
51 GF Score
Price ₹85.94
GF Value ₹134.64
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Shalimar Paints PS Ratio?

Shalimar Paints BOM:509874 +4.22% 51 PS Ratio is 1.25 as of Aug. 06, 2026, which is 38% below its 10-year median of 2.03. GuruFocus rates BOM:509874 with a GF Score™ of 51/100 and a GF Value™ of ₹134.64 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,574 Chemicals companies, Shalimar Paints ranks better than 61.75% 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, Shalimar Paints's share price is ₹85.94. Shalimar Paints's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹68.55. Hence, Shalimar Paints's PS Ratio for today is 1.25.

The historical rank and industry rank for Shalimar Paints's PS Ratio or its related term are showing as below:

BOM:509874' s PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 2.03   Max: 7.04
Current: 1.05

During the past 13 years, Shalimar Paints's highest PS Ratio was 7.04. The lowest was 0.54. And the median was 2.03.

BOM:509874's PS Ratio is ranked better than
61.75% of 1574 companies
in the Chemicals industry
Industry Median: 1.42 vs BOM:509874: 1.05

Shalimar Paints's Revenue per Sharefor the three months ended in Mar. 2026 was ₹18.57. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹68.55.

Warning Sign:

Shalimar Paints Ltd revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Shalimar Paints was -4.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 1.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was -7.30% per year.

During the past 13 years, Shalimar Paints's highest 3-Year average Revenue per Share Growth Rate was 13.50% per year. The lowest was -29.40% per year. And the median was 1.90% per year.

Back to Basics: PS Ratio


Shalimar Paints  (BOM:509874) 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.


Shalimar Paints PS Ratio Related Terms


Shalimar Paints PS Ratio Historical Data

* Premium members only.

The historical data trend for Shalimar Paints'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.

Shalimar Paints PS Ratio Chart

Shalimar Paints 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 1.85 2.05 2.44 1.38 0.52

Shalimar Paints 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 1.38 1.30 1.18 0.87 0.52

BOM:509874 vs LIN, SHW, ECL: PS Ratio Comparison

For the Specialty Chemicals subindustry, Shalimar Paints'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.


Shalimar Paints PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shalimar Paints's PS Ratio distribution charts can be found below:

* The bar in red indicates where Shalimar Paints's PS Ratio falls into.


BOM:509874
51GF Score
Shalimar Paints Ltd BOM:509874
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shalimar Paints 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.

Shalimar Paints's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=85.94/68.551
=1.25

Shalimar Paints's Share Price of today is ₹85.94.
Shalimar Paints'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 ₹68.55.

* 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:

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 1.25 mean?
Shalimar Paints (BOM:509874) has a PS Ratio of 1.25 as of Aug. 06, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Shalimar Paints and its competitors. This is 38% below median its historical median of 2.03. Over the past decade, Shalimar Paints' PS Ratio has ranged from 0.54 to 7.04. According to the industry distribution chart, Shalimar Paints ranks #602 out of 1574 companies in the Chemicals industry, placing it in the top 38.2%.
Is Shalimar Paints' PS Ratio too high?
Shalimar Paints' current PS Ratio of 1.25 is 38% below median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 7.04. The Chemicals industry median PS Ratio is 1.42. Shalimar Paints' value of 1.25 is 12% below this industry median. Based on the distribution chart, Shalimar Paints ranks #602 out of 1574 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shalimar Paints has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shalimar Paints' PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shalimar Paints ranks #602 out of 1574 companies for PS Ratio. This puts Shalimar Paints in the upper half of its industry. The industry median PS Ratio is 1.42. Shalimar Paints' value of 1.25 is 12% below this benchmark. Historically, Shalimar Paints' own PS Ratio has ranged from 0.54 to 7.04 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 1.42, Shalimar Paints has consistently been below 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 Chemicals company?
The median PS Ratio among Chemicals companies is 1.42, based on 1,574 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. Shalimar Paints's current PS Ratio of 1.25 is 12% below 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 Shalimar Paints and its competitors. For the Chemicals industry, the median PS Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shalimar Paints's current PS Ratio is 1.25, which is 38% below median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shalimar Paints stock overvalued right now?
Based on GuruFocus' analysis, Shalimar Paints (BOM:509874) is currently considered Possible Value Trap. The stock's GF Value™ is ₹134.64, compared to a current price of ₹85.94 — trading 36.2% below its estimated fair value. The current PS Ratio is 1.25, which is 38% below median its 10-year median of 2.03 and 12% below the Chemicals industry median of 1.42. Shalimar Paints' overall GF Score™ is 51/100 with 5 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 Shalimar Paints (BOM:509874), the current PS Ratio is 1.25 as of Aug. 06, 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 Shalimar Paints (BOM:509874) Overvalued in 2026?

Based on GuruFocus' analysis, Shalimar Paints stock appears to be undervalued. The current stock price of ₹85.94 is trading 36.2% below its estimated GF Value™ of ₹134.64. GuruFocus considers Shalimar Paints to be Possible Value Trap.

Key valuation signals for BOM:509874:

  • PS Ratio: 1.25 (38% below median its 10-year median of 2.03)
  • GF Value™: ₹134.64 vs. price of ₹85.94 (36.2% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 12% below the Chemicals median (#602 of 1574)

No single metric tells the full story. See the BOM:509874 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shalimar Paints Business Description

Other Exchanges SHALPAINTS:India
Address Road No. 16Z, Plot No. A184 and A185, Olethia Business Spaces, Opposite Ashar IT Park, Wagle Industrial Estate, Thane, MH, IND, 400604
Shalimar Paints Ltd is an Indian-based firm that is engaged in the manufacturing, selling, and distribution of paints, varnishes, enamels, and lacquers products. The company operates in one segment which is manufacturing and sale of paints. Its product offerings comprise Interior wall paints, Exterior wall paints, distempers, primers, putty, heavy-duty protective coating, GI coating, packaging coating, and others. Geographically, the company derives a majority of its revenue from its customers located in India.
51GF Score

Get the complete analysis for BOM:509874

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

₹85.94
Price
₹134.64
GF Value