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National Securities DepositoryBOM:544467 -0.53%47 PS Ratio is 9.37 as of Aug. 26, 2026, which is 30% below its 10-year median of 13.30. GuruFocus rates BOM:544467 with a GF Score™ of 47/100. The stock has 2 warning signs investors should review. Among 754 Capital Markets companies, National Securities Depository ranks worse than 74.27% 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, National Securities Depository's share price is ₹812.80.
National Securities Depository's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was ₹86.75. Hence, National Securities Depository's PS Ratio for today is 9.37.
Good Sign:
National Securities Depository Ltd stock PS Ratio (=9.5) is close to 2-year low of 9.34.
The historical rank and industry rank for National Securities Depository's PS Ratio or its related term are showing as below:
BOM:544467'
s PS Ratio Range Over the Past 10 Years
Min: 9.34 Med: 13.3 Max: 18.64
Current: 9.37
During the past 6 years, National Securities Depository's highest PS Ratio was 18.64. The lowest was 9.34. And the median was 13.30.
BOM:544467's PS Ratio is ranked worse than 74.27% of 754
companies
in the Capital Markets industry
Industry Median: 4.12
vs BOM:544467: 9.37
During the past 6 years, National Securities Depository's highest 3-Year average Revenue per Share Growth Rate was 39.50% per year. The lowest was 14.40% per year. And the median was 23.10% per year.
National Securities Depository (BOM:544467) 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.
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.
National Securities Depository PS Ratio Related Terms
National Securities Depository PS Ratio Historical Data
* 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 Financial Data & Stock Exchanges subindustry, National Securities Depository'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.
National Securities Depository PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, National Securities Depository's PS Ratio distribution charts can be found below:
* The bar in red indicates where National Securities Depository's PS Ratio falls into.
National Securities Depository 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.
National Securities Depository's Share Price of today is ₹812.80. National Securities Depository'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 ₹86.75.
* 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:
National Securities Depository (BOM:544467) has a PS Ratio of 9.37 as of Aug. 26, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on National Securities Depository and its competitors. This is 30% below median its historical median of 13.30. Over the past decade, National Securities Depository's PS Ratio has ranged from 9.34 to 18.64. According to the industry distribution chart, National Securities Depository ranks #560 out of 754 companies in the Capital Markets industry, placing it in the top 74.3%.
Is National Securities Depository's PS Ratio too high?
National Securities Depository's current PS Ratio of 9.37 is 30% below median its 10-year median of 13.30. Over the past 10 years, this metric has ranged from a low of 9.34 to a high of 18.64. The Capital Markets industry median PS Ratio is 4.12. National Securities Depository's value of 9.37 is 127.4% above this industry median. Based on the distribution chart, National Securities Depository ranks #560 out of 754 companies in the Capital Markets industry, which is below the industry midpoint. Overall, National Securities Depository has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does National Securities Depository's PS Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, National Securities Depository ranks #560 out of 754 companies for PS Ratio. This places National Securities Depository in the lower half of its industry. The industry median PS Ratio is 4.12. National Securities Depository's value of 9.37 is 127.4% above this benchmark. Historically, National Securities Depository's own PS Ratio has ranged from 9.34 to 18.64 over the past decade. While the company's 10-year median is 13.30 vs. the industry median of 4.12, National Securities Depository 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 Capital Markets company?
The median PS Ratio among Capital Markets companies is 4.12, based on 754 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. National Securities Depository's current PS Ratio of 9.37 is 127.4% 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 National Securities Depository and its competitors. For the Capital Markets industry, the median PS Ratio is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Securities Depository's current PS Ratio is 9.37, which is 30% below median its own 10-year median of 13.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Securities Depository stock overvalued right now?
National Securities Depository (BOM:544467) has a current PS Ratio of 9.37. The current PS Ratio is 9.37, which is 30% below median its 10-year median of 13.30 and 127.4% above the Capital Markets industry median of 4.12. National Securities Depository's overall GF Score™ is 47/100 with 2 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 National Securities Depository (BOM:544467), the current PS Ratio is 9.37 as of Aug. 26, 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.
National Securities Depository Ltd is a SEBI-registered market infrastructure institution (MII) that offers a wide range-of-products and services to the financial and securities markets in India. As a depository, it provides a depository framework that allows market participants to engage in the financial and securities markets in India. It also plays a central role in developing products and services that will continue to meet the growing needs of the financial services industry in India. The company's business is to provide depository services to its clients in India, including various services for investors such as dematerialization, re-materialization, holding, transfer, and pledge of securities in electronic form.
47GF Score
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