Indus GasLSE:INDI -32.00% PS Ratio is 0.10 as of Jul. 12, 2026, which is 67% below its 10-year median of 0.30. The stock has 6 warning signs investors should review.
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, Indus Gas's share price is £0.0136.
Indus Gas's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was £0.13. Hence, Indus Gas's PS Ratio for today is 0.10.
Good Sign:
Indus Gas Ltd stock PS Ratio (=0.1) is close to 2-year low of 0.1.
The historical rank and industry rank for Indus Gas's PS Ratio or its related term are showing as below:
LSE:INDI'
s PS Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.3 Max: 1.13
Current: 0.1
During the past 13 years, Indus Gas's highest PS Ratio was 1.13. The lowest was 0.10. And the median was 0.30.
LSE:INDI's PS Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.31
vs LSE:INDI: 0.10
Indus Gas 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 Indus Gas was 63.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -17.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -8.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -1.50% per year.
During the past 13 years, Indus Gas's highest 3-Year average Revenue per Share Growth Rate was 130.30% per year. The lowest was -17.50% per year. And the median was 6.35% per year.
Back to Basics: PS Ratio
Indus Gas (LSE:INDI) 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.
Indus Gas PS Ratio Related Terms
Indus Gas PS Ratio Historical Data
* Premium members only.
The historical data trend for Indus Gas'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 Oil & Gas E&P subindustry, Indus Gas'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.
Indus Gas PS Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Indus Gas's PS Ratio distribution charts can be found below:
* The bar in red indicates where Indus Gas'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.
Indus Gas's Share Price of today is £0.0136.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Indus Gas's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was £0.13.
* 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:
Indus Gas (LSE:INDI) has a PS Ratio of 0.10 as of Jul. 12, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Indus Gas and its competitors. This is 67% below median its historical median of 0.30. Over the past decade, Indus Gas' PS Ratio has ranged from 0.10 to 1.13.
Is Indus Gas' PS Ratio too high?
Indus Gas' current PS Ratio of 0.10 is 67% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 1.13. The Oil & Gas industry median PS Ratio is 1.31. Indus Gas' value of 0.10 is 92.4% below this industry median.
How does Indus Gas' PS Ratio compare to COP and EOG?
Indus Gas' PS Ratio of 0.10 can be compared against companies in the Oil & Gas industry. The industry median PS Ratio is 1.31. Indus Gas' value of 0.10 is 92.4% below this benchmark. Historically, Indus Gas' own PS Ratio has ranged from 0.10 to 1.13 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.31, Indus Gas 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 Oil & Gas company?
The median PS Ratio among Oil & Gas companies is 1.31, based on 879 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. Indus Gas's current PS Ratio of 0.10 is 92.4% 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 Indus Gas and its competitors. For the Oil & Gas industry, the median PS Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Gas's current PS Ratio is 0.10, which is 67% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Gas stock overvalued right now?
Indus Gas (LSE:INDI) has a current PS Ratio of 0.10. The stock's GF Value™ is £0.14, compared to a current price of £0.01 — trading 90.3% below its estimated fair value. The current PS Ratio is 0.10, which is 67% below median its 10-year median of 0.30 and 92.4% below the Oil & Gas industry median of 1.31. 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 Indus Gas (LSE:INDI), the current PS Ratio is 0.10 as of Jul. 12, 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.
Indus Gas Ltd is an oil and gas exploration and development company. It predominantly operates in India, focusing on exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas. The company holds a participating interest in Block RJ-ON/6, an onshore petroleum concession in Rajasthan, India, covering a large area in the Indus Basin. Its operations involve partnerships with entities like Oil and Natural Gas Corporation Ltd. (ONGC) and Focus Energy Ltd., with ONGC having back-in rights for participating interests in discovered fields. Indus Gas sells natural gas prominently to GAIL (India) Ltd and continues to evaluate other opportunities in the oil and gas sector.
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