Onward Technologies (BOM:517536) PS Ratio: 1.20 (As of Jul. 01, 2026) — Near Median


BOM:517536 Onward Technologies Ltd BOM:517536
80 GF Score
Price ₹286.65
GF Value ₹406.18
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Onward Technologies PS Ratio?

Onward Technologies BOM:517536 -0.16% 80 PS Ratio is 1.20 as of Jul. 01, 2026, which is 5% above its 10-year median of 1.14. GuruFocus rates BOM:517536 with a GF Score™ of 80/100 and a GF Value™ of ₹406.18 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,776 Software companies, Onward Technologies ranks better than 65.38% 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, Onward Technologies's share price is ₹286.65. Onward Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹239.42. Hence, Onward Technologies's PS Ratio for today is 1.20.

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

BOM:517536' s PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.14   Max: 3.28
Current: 1.19

During the past 13 years, Onward Technologies's highest PS Ratio was 3.28. The lowest was 0.22. And the median was 1.14.

BOM:517536's PS Ratio is ranked better than
65.38% of 2776 companies
in the Software industry
Industry Median: 2.02 vs BOM:517536: 1.19

Onward Technologies's Revenue per Sharefor the three months ended in Mar. 2026 was ₹60.72. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹239.42.

Good Sign:

Onward Technologies Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Onward Technologies was 11.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 10.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.00% per year.

During the past 13 years, Onward Technologies's highest 3-Year average Revenue per Share Growth Rate was 16.40% per year. The lowest was -1.30% per year. And the median was 8.20% per year.

Back to Basics: PS Ratio


Onward Technologies  (BOM:517536) 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.


Onward Technologies PS Ratio Related Terms


Onward Technologies PS Ratio Historical Data

* Premium members only.

The historical data trend for Onward Technologies'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.

Onward Technologies PS Ratio Chart

Onward Technologies 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 2.28 1.49 2.15 1.17 0.88

Onward Technologies 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 1.17 1.57 1.26 1.22 0.88

BOM:517536 vs IBM, ACN, FISV: PS Ratio Comparison

For the Information Technology Services subindustry, Onward Technologies'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.


Onward Technologies PS Ratio vs Software Industry

For the Software industry and Technology sector, Onward Technologies's PS Ratio distribution charts can be found below:

* The bar in red indicates where Onward Technologies's PS Ratio falls into.


BOM:517536
80GF Score
Onward Technologies Ltd BOM:517536
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Onward Technologies 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.

Onward Technologies's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=286.65/239.42
=1.20

Onward Technologies's Share Price of today is ₹286.65.
Onward Technologies'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 ₹239.42.

* 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 1.20 mean?
Onward Technologies (BOM:517536) has a PS Ratio of 1.20 as of Jul. 01, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Onward Technologies and its competitors. This is near median its historical median of 1.14. Over the past decade, Onward Technologies' PS Ratio has ranged from 0.22 to 3.28. According to the industry distribution chart, Onward Technologies ranks #961 out of 2776 companies in the Software industry, placing it in the top 34.6%.
Is Onward Technologies' PS Ratio too high?
Onward Technologies' current PS Ratio of 1.20 is near median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 3.28. The Software industry median PS Ratio is 2.02. Onward Technologies' value of 1.20 is 40.6% below this industry median. Based on the distribution chart, Onward Technologies ranks #961 out of 2776 companies in the Software industry, which is above the industry midpoint. Overall, Onward Technologies has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Onward Technologies' PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Onward Technologies ranks #961 out of 2776 companies for PS Ratio. This puts Onward Technologies in the upper half of its industry. The industry median PS Ratio is 2.02. Onward Technologies' value of 1.20 is 40.6% below this benchmark. Historically, Onward Technologies' own PS Ratio has ranged from 0.22 to 3.28 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 2.02, Onward Technologies 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 Software company?
The median PS Ratio among Software companies is 2.02, based on 2,776 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. Onward Technologies's current PS Ratio of 1.20 is 40.6% 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 Onward Technologies and its competitors. For the Software industry, the median PS Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onward Technologies's current PS Ratio is 1.20, which is near median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Technologies stock overvalued right now?
Based on GuruFocus' analysis, Onward Technologies (BOM:517536) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹406.18, compared to a current price of ₹286.65 — trading 29.4% below its estimated fair value. The current PS Ratio is 1.20, which is near median its 10-year median of 1.14 and 40.6% below the Software industry median of 2.02. Onward Technologies' overall GF Score™ is 80/100 with 1 warning sign 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 Onward Technologies (BOM:517536), the current PS Ratio is 1.20 as of Jul. 01, 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 Onward Technologies (BOM:517536) Overvalued in 2026?

Based on GuruFocus' analysis, Onward Technologies stock appears to be undervalued. The current stock price of ₹286.65 is trading 29.4% below its estimated GF Value™ of ₹406.18. GuruFocus considers Onward Technologies to be Modestly Undervalued.

Key valuation signals for BOM:517536:

  • PS Ratio: 1.20 (near median its 10-year median of 1.14)
  • GF Value™: ₹406.18 vs. price of ₹286.65 (29.4% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 40.6% below the Software median (#961 of 2776)

No single metric tells the full story. See the BOM:517536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Onward Technologies Business Description

Other Exchanges ONWARDTEC:India
Address Almonte IT park, 5th Floor, Next to Radisson Blu Hotel, Kharadi, Pune, MH, IND, 411014
Onward Technologies Ltd is an Indian company that is engaged in software development, testing, and integration for partner industries of the future. Its services are Digital Services, Embedded Products & Systems, and Mechanical Product Engineering. Its industries include Automotive, Renewables, Hydro Energy, Construction, Agricultural and Mining Equipment, Rail Transportation, and others. It has one operating segment which is ER&D (Engineering, Research and Development) service and digital services. The majority of the company's revenue comes from India. It also operates outside India.
80GF Score

Get the complete analysis for BOM:517536

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

₹286.65
Price
₹406.18
GF Value