Jigar Cables (BOM:540651) PS Ratio: 0.85 (As of Aug. 15, 2026) — 31% Below Median

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BOM:540651 Jigar Cables Ltd BOM:540651
81 GF Score
Price ₹60.00
GF Value ₹64.97
Valuation Fairly Valued
! 5 Warning Signs
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What is Jigar Cables PS Ratio?

Jigar Cables BOM:540651 81 PS Ratio is 0.85 as of Aug. 15, 2026, which is 31% below its 10-year median of 1.24. GuruFocus rates BOM:540651 with a GF Score™ of 81/100 and a GF Value™ of ₹64.97 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,018 Industrial Products companies, Jigar Cables ranks better than 75.91% 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, Jigar Cables's share price is ₹60.00. Jigar Cables's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹70.65. Hence, Jigar Cables's PS Ratio for today is 0.85.

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

BOM:540651' s PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.24   Max: 27.47
Current: 0.85

During the past 13 years, Jigar Cables's highest PS Ratio was 27.47. The lowest was 0.38. And the median was 1.24.

BOM:540651's PS Ratio is ranked better than
75.91% of 3018 companies
in the Industrial Products industry
Industry Median: 2.06 vs BOM:540651: 0.85

Jigar Cables's Revenue per Sharefor the six months ended in Mar. 2026 was ₹35.27. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹70.65.

Warning Sign:

Jigar Cables 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 Jigar Cables was -49.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 20.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 43.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 28.30% per year.

During the past 13 years, Jigar Cables's highest 3-Year average Revenue per Share Growth Rate was 121.90% per year. The lowest was -50.20% per year. And the median was 27.60% per year.

Back to Basics: PS Ratio


Jigar Cables  (BOM:540651) 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.


Jigar Cables PS Ratio Related Terms


Jigar Cables PS Ratio Historical Data

* Premium members only.

The historical data trend for Jigar Cables'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.

Jigar Cables PS Ratio Chart

Jigar Cables 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 1.65 0.66 1.37 0.42 0.86

Jigar Cables Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.37 0.00 0.42 0.00 0.86

BOM:540651 vs VRT, BE: PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Jigar Cables'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.


Jigar Cables PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jigar Cables's PS Ratio distribution charts can be found below:

* The bar in red indicates where Jigar Cables's PS Ratio falls into.


BOM:540651
81GF Score
Jigar Cables Ltd BOM:540651
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jigar Cables 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.

Jigar Cables's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=60.00/70.649
=0.85

Jigar Cables's Share Price of today is ₹60.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Jigar Cables's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹70.65.

* 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 0.85 mean?
Jigar Cables (BOM:540651) has a PS Ratio of 0.85 as of Aug. 15, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Jigar Cables and its competitors. This is 31% below median its historical median of 1.24. Over the past decade, Jigar Cables' PS Ratio has ranged from 0.38 to 27.47. According to the industry distribution chart, Jigar Cables ranks #727 out of 3018 companies in the Industrial Products industry, placing it in the top 24.1%.
Is Jigar Cables' PS Ratio too high?
Jigar Cables' current PS Ratio of 0.85 is 31% below median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 27.47. The Industrial Products industry median PS Ratio is 2.06. Jigar Cables' value of 0.85 is 58.7% below this industry median. Based on the distribution chart, Jigar Cables ranks #727 out of 3018 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Jigar Cables has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jigar Cables' PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jigar Cables ranks #727 out of 3018 companies for PS Ratio. This places Jigar Cables in the top 24% of its industry — outperforming the majority of peers. The industry median PS Ratio is 2.06. Jigar Cables' value of 0.85 is 58.7% below this benchmark. Historically, Jigar Cables' own PS Ratio has ranged from 0.38 to 27.47 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 2.06, Jigar Cables 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 an Industrial Products company?
The median PS Ratio among Industrial Products companies is 2.06, based on 3,018 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. Jigar Cables's current PS Ratio of 0.85 is 58.7% 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 Jigar Cables and its competitors. For the Industrial Products industry, the median PS Ratio is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jigar Cables's current PS Ratio is 0.85, which is 31% below median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jigar Cables stock overvalued right now?
Based on GuruFocus' analysis, Jigar Cables (BOM:540651) is currently considered Fairly Valued. The stock's GF Value™ is ₹64.97, compared to a current price of ₹60.00 — trading 7.6% below its estimated fair value. The current PS Ratio is 0.85, which is 31% below median its 10-year median of 1.24 and 58.7% below the Industrial Products industry median of 2.06. Jigar Cables' overall GF Score™ is 81/100 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 Jigar Cables (BOM:540651), the current PS Ratio is 0.85 as of Aug. 15, 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 Jigar Cables (BOM:540651) Overvalued in 2026?

Based on GuruFocus' analysis, Jigar Cables stock appears to be undervalued. The current stock price of ₹60.00 is trading 7.6% below its estimated GF Value™ of ₹64.97. GuruFocus considers Jigar Cables to be Fairly Valued.

Key valuation signals for BOM:540651:

  • PS Ratio: 0.85 (31% below median its 10-year median of 1.24)
  • GF Value™: ₹64.97 vs. price of ₹60.00 (7.6% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 58.7% below the Industrial Products median (#727 of 3018)

No single metric tells the full story. See the BOM:540651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jigar Cables Business Description

Address Plot No. 164/14 and 15, G.I.D.C.- 2, Jamwadi, District Rajkot, Gondal, GJ, IND, 360311
Jigar Cables Ltd is a manufacturer of electric wires and cables in India, known for its "SIGMA" brand. The company operates with a manufacturing facility in Gondal, Gujarat. It produces various products including submersible flat cables, flexible cables, LT PVC cables, aerial bunched cables, and house wires, catering to industrial, commercial, and residential applications. The company has a wholly-owned subsidiary, Jigar Polymers Ltd, for backward integration by manufacturing PVC and XLPE raw materials. Revenue is mostly from manufacturing and sales of cables and wires under its SIGMA brand.
81GF Score

Get the complete analysis for BOM:540651

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

₹60.00
Price
₹64.97
GF Value