India Capital Growth Fund (CHIX:IGCL) PS Ratio: (As of Jul. 03, 2026)


CHIX:IGCL India Capital Growth Fund Ltd CHIX:IGCL
38 GF Score
Price £1.73
GF Value £1.21
Valuation Significantly Overvalued
! 2 Warning Signs
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What is India Capital Growth Fund PS Ratio?

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, India Capital Growth Fund's share price is £1.725. India Capital Growth Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.23. Hence, India Capital Growth Fund's PS Ratio for today is .

The historical rank and industry rank for India Capital Growth Fund's PS Ratio or its related term are showing as below:

During the past 13 years, India Capital Growth Fund's highest PS Ratio was 36.81. The lowest was 2.01. And the median was 5.09.

CHIX:IGCL's PS Ratio is not ranked *
in the Asset Management industry.
Industry Median: 7.29
* Ranked among companies with meaningful PS Ratio only.

India Capital Growth Fund's Revenue per Sharefor the six months ended in Dec. 2025 was £-0.03. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.23.

During the past 12 months, the average Revenue per Share Growth Rate of India Capital Growth Fund was -176.80% per year.

During the past 13 years, India Capital Growth Fund's highest 3-Year average Revenue per Share Growth Rate was 57.00% per year. The lowest was -43.10% per year. And the median was -9.40% per year.

Back to Basics: PS Ratio


India Capital Growth Fund  (CHIX:IGCL) 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.


India Capital Growth Fund PS Ratio Related Terms


India Capital Growth Fund PS Ratio Historical Data

* Premium members only.

The historical data trend for India Capital Growth Fund'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.

India Capital Growth Fund PS Ratio Chart

India Capital Growth Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.18 27.45 4.18 6.46 0.00

India Capital Growth Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.18 0.00 6.46 0.00 0.00

CHIX:IGCL vs BLK, BX, KKR: PS Ratio Comparison

For the Asset Management subindustry, India Capital Growth Fund'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.


India Capital Growth Fund PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, India Capital Growth Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where India Capital Growth Fund's PS Ratio falls into.


CHIX:IGCL
38GF Score
India Capital Growth Fund Ltd CHIX:IGCL
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Capital Growth Fund 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.

India Capital Growth Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.725/-0.228
=

India Capital Growth Fund's Share Price of today is £1.725.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. India Capital Growth Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.23.

* 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.

Is India Capital Growth Fund (CHIX:IGCL) Overvalued in 2026?

Based on GuruFocus' analysis, India Capital Growth Fund stock appears to be overvalued. The current stock price of £1.73 is trading 42.6% above its estimated GF Value™ of £1.21. GuruFocus considers India Capital Growth Fund to be Significantly Overvalued.

Key valuation signals for CHIX:IGCL:

  • PS Ratio:
  • GF Value™: £1.21 vs. price of £1.73 (42.6% above fair value)
  • GF Score™: 38/100 with 2 warning signs

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


India Capital Growth Fund Business Description

Other Exchanges IGC:UK
Address Royal Avenue, 1 Royal Plaza, St Peter Port, GGY, GY1 2HL
India Capital Growth Fund Ltd is a closed-ended investment company. The company's investment objective is to provide long-term capital appreciation by investing in companies based in India. Its investment policy permits the company to make investments in a range of Indian equity and equity-linked securities, and predominantly in listed mid and small-cap Indian companies, with a smaller proportion in unlisted Indian companies. Investment may also be made in large-cap listed Indian companies and in companies incorporated outside India that have key operations or markets in India. The company's activities are focused on two areas, namely Mauritius and India.
38GF Score

Get the complete analysis for CHIX:IGCL

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

£1.73
Price
£1.21
GF Value