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Shah AlloysBOM:513436 -7.18%45 PS Ratio is 3.66 as of Aug. 12, 2026, which is 2950% above its 10-year median of 0.12. GuruFocus rates BOM:513436 with a GF Score™ of 45/100 and a GF Value™ of ₹4.84 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 611 Steel companies, Shah Alloys ranks worse than 91.65% 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, Shah Alloys's share price is ₹69.52.
Shah Alloys's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹18.98. Hence, Shah Alloys's PS Ratio for today is 3.66.
Warning Sign:
Shah Alloys Ltd stock PS Ratio (=3.98) is close to 10-year high of 3.98.
The historical rank and industry rank for Shah Alloys's PS Ratio or its related term are showing as below:
BOM:513436'
s PS Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.12 Max: 3.95
Current: 3.67
During the past 13 years, Shah Alloys's highest PS Ratio was 3.95. The lowest was 0.02. And the median was 0.12.
BOM:513436's PS Ratio is ranked worse than 91.65% of 611
companies
in the Steel industry
Industry Median: 0.59
vs BOM:513436: 3.67
Shah Alloys 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 Shah Alloys was -86.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -61.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -37.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -7.80% per year.
During the past 13 years, Shah Alloys's highest 3-Year average Revenue per Share Growth Rate was 29.70% per year. The lowest was -61.00% per year. And the median was -0.20% 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.
Shah Alloys PS Ratio Related Terms
Shah Alloys PS Ratio Historical Data
* Premium members only.
The historical data trend for Shah Alloys'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 Steel subindustry, Shah Alloys'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.
Shah Alloys PS Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Shah Alloys's PS Ratio distribution charts can be found below:
* The bar in red indicates where Shah Alloys'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.
Shah Alloys's Share Price of today is ₹69.52. Shah Alloys'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 ₹18.98.
* 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:
Shah Alloys (BOM:513436) has a PS Ratio of 3.66 as of Aug. 12, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Shah Alloys and its competitors. This is 2950% above median its historical median of 0.12. Over the past decade, Shah Alloys' PS Ratio has ranged from 0.02 to 3.95. According to the industry distribution chart, Shah Alloys ranks #560 out of 611 companies in the Steel industry, placing it in the top 91.7%.
Is Shah Alloys' PS Ratio too high?
Shah Alloys' current PS Ratio of 3.66 is 2950% above median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 3.95. The Steel industry median PS Ratio is 0.59. Shah Alloys' value of 3.66 is 520.3% above this industry median. Based on the distribution chart, Shah Alloys ranks #560 out of 611 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Shah Alloys has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shah Alloys' PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Shah Alloys ranks #560 out of 611 companies for PS Ratio. This places Shah Alloys in the lower half of its industry. The industry median PS Ratio is 0.59. Shah Alloys' value of 3.66 is 520.3% above this benchmark. Historically, Shah Alloys' own PS Ratio has ranged from 0.02 to 3.95 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.59, Shah Alloys 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 Steel company?
The median PS Ratio among Steel companies is 0.59, based on 611 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. Shah Alloys's current PS Ratio of 3.66 is 520.3% 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 Shah Alloys and its competitors. For the Steel industry, the median PS Ratio is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shah Alloys's current PS Ratio is 3.66, which is 2950% above median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shah Alloys stock overvalued right now?
Based on GuruFocus' analysis, Shah Alloys (BOM:513436) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4.84, compared to a current price of ₹69.52 — trading 1336.4% above its estimated fair value. The current PS Ratio is 3.66, which is 2950% above median its 10-year median of 0.12 and 520.3% above the Steel industry median of 0.59. Shah Alloys' overall GF Score™ is 45/100 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 Shah Alloys (BOM:513436), the current PS Ratio is 3.66 as of Aug. 12, 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 Shah Alloys (BOM:513436) Overvalued in 2026?
Based on GuruFocus' analysis, Shah Alloys stock appears to be overvalued.
The current stock price of ₹69.52 is trading 1336.4% above its estimated GF Value™ of ₹4.84.
GuruFocus considers Shah Alloys to be Significantly Overvalued.
Key valuation signals for BOM:513436:
PS Ratio: 3.66 (2950% above median its 10-year median of 0.12)
GF Value™: ₹4.84 vs. price of ₹69.52 (1336.4% above fair value)
Industry Position: 520.3% above the Steel median (#560 of 611)
No single metric tells the full story. See the BOM:513436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shah Alloys Ltd manufactures and supplies steel in India. The company is engaged in the manufacturing of Stainless steel, alloy special steel, Carbon/mild steel, and Armour steel in Flat and long products. The product offered by the group includes hot rolled coils, hot rolled sheets, and plates, cold rolled coils and sheets, hot rolled round bars, hot rolled flat bars, angles, bright/peeled bars, beams, and angles. The firm generates a majority of its revenue from the sale of Iron and Steel products, which include Bars, Beams, Flat Plate coil, Slab, and Billets.
45GF Score
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