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Incon EngineersBOM:531594 -4.97%21 PS Ratio is 181.98 as of Aug. 23, 2026, which is 1358% above its 10-year median of 12.48. GuruFocus rates BOM:531594 with a GF Score™ of 21/100 and a GF Value™ of ₹6.54 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,028 Industrial Products companies, Incon Engineers ranks worse than 99.47% 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, Incon Engineers's share price is ₹30.39.
Incon Engineers's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was ₹0.17. Hence, Incon Engineers's PS Ratio for today is 181.98.
The historical rank and industry rank for Incon Engineers's PS Ratio or its related term are showing as below:
BOM:531594'
s PS Ratio Range Over the Past 10 Years
Min: 0.51 Med: 12.48 Max: 2353
Current: 181.98
During the past 13 years, Incon Engineers's highest PS Ratio was 2353.00. The lowest was 0.51. And the median was 12.48.
BOM:531594's PS Ratio is ranked worse than 99.47% of 3028
companies
in the Industrial Products industry
Industry Median: 2.01
vs BOM:531594: 181.98
Incon Engineers 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 Incon Engineers was -82.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 27.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -43.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -16.20% per year.
During the past 13 years, Incon Engineers's highest 3-Year average Revenue per Share Growth Rate was 63.70% per year. The lowest was -87.90% per year. And the median was 5.25% 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.
Incon Engineers PS Ratio Related Terms
Incon Engineers PS Ratio Historical Data
* Premium members only.
The historical data trend for Incon Engineers'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 Specialty Industrial Machinery subindustry, Incon Engineers'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.
Incon Engineers PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Incon Engineers's PS Ratio distribution charts can be found below:
* The bar in red indicates where Incon Engineers'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.
Incon Engineers's Share Price of today is ₹30.39. Incon Engineers's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.17.
* 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:
Incon Engineers (BOM:531594) has a PS Ratio of 181.98 as of Aug. 23, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Incon Engineers and its competitors. This is 1358% above median its historical median of 12.48. Over the past decade, Incon Engineers' PS Ratio has ranged from 0.51 to 2,353.00. According to the industry distribution chart, Incon Engineers ranks #3012 out of 3028 companies in the Industrial Products industry, placing it in the top 99.5%.
Is Incon Engineers' PS Ratio too high?
Incon Engineers' current PS Ratio of 181.98 is 1358% above median its 10-year median of 12.48. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2,353.00. The Industrial Products industry median PS Ratio is 2.01. Incon Engineers' value of 181.98 is 8953.7% above this industry median. Based on the distribution chart, Incon Engineers ranks #3012 out of 3028 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Incon Engineers has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Incon Engineers' PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Incon Engineers ranks #3012 out of 3028 companies for PS Ratio. This places Incon Engineers in the lower half of its industry. The industry median PS Ratio is 2.01. Incon Engineers' value of 181.98 is 8953.7% above this benchmark. Historically, Incon Engineers' own PS Ratio has ranged from 0.51 to 2,353.00 over the past decade. While the company's 10-year median is 12.48 vs. the industry median of 2.01, Incon Engineers 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 Industrial Products company?
The median PS Ratio among Industrial Products companies is 2.01, based on 3,028 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. Incon Engineers's current PS Ratio of 181.98 is 8953.7% 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 Incon Engineers and its competitors. For the Industrial Products industry, the median PS Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Incon Engineers's current PS Ratio is 181.98, which is 1358% above median its own 10-year median of 12.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Incon Engineers stock overvalued right now?
Based on GuruFocus' analysis, Incon Engineers (BOM:531594) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹6.54, compared to a current price of ₹30.39 — trading 364.7% above its estimated fair value. The current PS Ratio is 181.98, which is 1358% above median its 10-year median of 12.48 and 8953.7% above the Industrial Products industry median of 2.01. Incon Engineers' overall GF Score™ is 21/100 with 3 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 Incon Engineers (BOM:531594), the current PS Ratio is 181.98 as of Aug. 23, 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 Incon Engineers (BOM:531594) Overvalued in 2026?
Based on GuruFocus' analysis, Incon Engineers stock appears to be overvalued.
The current stock price of ₹30.39 is trading 364.7% above its estimated GF Value™ of ₹6.54.
GuruFocus considers Incon Engineers to be Significantly Overvalued.
Key valuation signals for BOM:531594:
PS Ratio: 181.98 (1358% above median its 10-year median of 12.48)
GF Value™: ₹6.54 vs. price of ₹30.39 (364.7% above fair value)
Industry Position: 8953.7% above the Industrial Products median (#3012 of 3028)
No single metric tells the full story. See the BOM:531594 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Incon Engineers Ltd is a company engaged in the business of manufacturing chemical process equipment and agricultural equipment. Its product offering consists of Fluid energy mill, Chemical processing equipment, and others. Geographically, it derives key revenue from India.
21GF Score
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