B.N. Rathi Securities (BOM:523019) PS Ratio: 1.60 (As of Jul. 31, 2026) — 40% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:523019 B.N. Rathi Securities Ltd BOM:523019
75 GF Score
Price ₹17.24
GF Value ₹24.63
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is B.N. Rathi Securities PS Ratio?

B.N. Rathi Securities BOM:523019 +0.12% 75 PS Ratio is 1.60 as of Jul. 31, 2026, which is 40% above its 10-year median of 1.14. GuruFocus rates BOM:523019 with a GF Score™ of 75/100 and a GF Value™ of ₹24.63 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 758 Capital Markets companies, B.N. Rathi Securities ranks better than 74.93% 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, B.N. Rathi Securities's share price is ₹17.24. B.N. Rathi Securities's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹10.80. Hence, B.N. Rathi Securities's PS Ratio for today is 1.60.

The historical rank and industry rank for B.N. Rathi Securities's PS Ratio or its related term are showing as below:

BOM:523019' s PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.14   Max: 6.97
Current: 1.59

During the past 13 years, B.N. Rathi Securities's highest PS Ratio was 6.97. The lowest was 0.32. And the median was 1.14.

BOM:523019's PS Ratio is ranked better than
74.93% of 758 companies
in the Capital Markets industry
Industry Median: 4.06 vs BOM:523019: 1.59

B.N. Rathi Securities's Revenue per Sharefor the three months ended in Mar. 2026 was ₹2.69. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹10.80.

Warning Sign:

B.N. Rathi Securities 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 B.N. Rathi Securities was 14.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 1.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was -5.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.60% per year.

During the past 13 years, B.N. Rathi Securities's highest 3-Year average Revenue per Share Growth Rate was 29.00% per year. The lowest was -13.50% per year. And the median was 9.70% per year.

Back to Basics: PS Ratio


B.N. Rathi Securities  (BOM:523019) 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.


B.N. Rathi Securities PS Ratio Related Terms


B.N. Rathi Securities PS Ratio Historical Data

* Premium members only.

The historical data trend for B.N. Rathi Securities'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.

B.N. Rathi Securities PS Ratio Chart

B.N. Rathi Securities 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 0.63 0.89 2.53 3.01 1.13

B.N. Rathi Securities 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 3.01 2.75 2.36 1.71 1.13

BOM:523019 vs MS, GS, SCHW: PS Ratio Comparison

For the Capital Markets subindustry, B.N. Rathi Securities'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.


B.N. Rathi Securities PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, B.N. Rathi Securities's PS Ratio distribution charts can be found below:

* The bar in red indicates where B.N. Rathi Securities's PS Ratio falls into.


BOM:523019
75GF Score
B.N. Rathi Securities Ltd BOM:523019
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

B.N. Rathi Securities 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.

B.N. Rathi Securities's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=17.24/10.802
=1.60

B.N. Rathi Securities's Share Price of today is ₹17.24.
B.N. Rathi Securities'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 ₹10.80.

* 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 1.60 mean?
B.N. Rathi Securities (BOM:523019) has a PS Ratio of 1.60 as of Jul. 31, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on B.N. Rathi Securities and its competitors. This is 40% above median its historical median of 1.14. Over the past decade, B.N. Rathi Securities' PS Ratio has ranged from 0.32 to 6.97. According to the industry distribution chart, B.N. Rathi Securities ranks #190 out of 758 companies in the Capital Markets industry, placing it in the top 25.1%.
Is B.N. Rathi Securities' PS Ratio too high?
B.N. Rathi Securities' current PS Ratio of 1.60 is 40% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 6.97. The Capital Markets industry median PS Ratio is 4.06. B.N. Rathi Securities' value of 1.60 is 60.6% below this industry median. Based on the distribution chart, B.N. Rathi Securities ranks #190 out of 758 companies in the Capital Markets industry, which is above the industry midpoint. Overall, B.N. Rathi Securities has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does B.N. Rathi Securities' PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, B.N. Rathi Securities ranks #190 out of 758 companies for PS Ratio. This puts B.N. Rathi Securities in the upper half of its industry. The industry median PS Ratio is 4.06. B.N. Rathi Securities' value of 1.60 is 60.6% below this benchmark. Historically, B.N. Rathi Securities' own PS Ratio has ranged from 0.32 to 6.97 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 4.06, B.N. Rathi Securities 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 Capital Markets company?
The median PS Ratio among Capital Markets companies is 4.06, based on 758 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. B.N. Rathi Securities's current PS Ratio of 1.60 is 60.6% 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 B.N. Rathi Securities and its competitors. For the Capital Markets industry, the median PS Ratio is 4.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B.N. Rathi Securities's current PS Ratio is 1.60, which is 40% above 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 B.N. Rathi Securities stock overvalued right now?
Based on GuruFocus' analysis, B.N. Rathi Securities (BOM:523019) is currently considered Possible Value Trap. The stock's GF Value™ is ₹24.63, compared to a current price of ₹17.24 — trading 30% below its estimated fair value. The current PS Ratio is 1.60, which is 40% above median its 10-year median of 1.14 and 60.6% below the Capital Markets industry median of 4.06. B.N. Rathi Securities' overall GF Score™ is 75/100 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 B.N. Rathi Securities (BOM:523019), the current PS Ratio is 1.60 as of Jul. 31, 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 B.N. Rathi Securities (BOM:523019) Overvalued in 2026?

Based on GuruFocus' analysis, B.N. Rathi Securities stock appears to be undervalued. The current stock price of ₹17.24 is trading 30% below its estimated GF Value™ of ₹24.63. GuruFocus considers B.N. Rathi Securities to be Possible Value Trap.

Key valuation signals for BOM:523019:

  • PS Ratio: 1.60 (40% above median its 10-year median of 1.14)
  • GF Value™: ₹24.63 vs. price of ₹17.24 (30% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 60.6% below the Capital Markets median (#190 of 758)

No single metric tells the full story. See the BOM:523019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


B.N. Rathi Securities Business Description

Address Amrutha Estates, Somajiguda, 6-3-652, 4th Floor, Kautilya, Hyderabad, TG, IND, 500 082
B.N. Rathi Securities Ltd is an India-based stockbroking firm. Principally, it provides the integrated type of services, related to the financial market transactions. The company operates through Broking activities and Property development. In addition, it offers services such as internet trading in equities and derivatives, depository participants of Central Depository Services Limited, primary market services, mutual fund, and initial public offerings advisory services, as well as currency and commodity trading services. It derives a majority of the revenue from the broking operations.
75GF Score

Get the complete analysis for BOM:523019

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

₹17.24
Price
₹24.63
GF Value