Alpex Solar (NSE:ALPEXSOLAR) PS Ratio: 0.94 (As of Jul. 26, 2026) — 67% Below Median

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NSE:ALPEXSOLAR Alpex Solar Ltd NSE:ALPEXSOLAR
47 GF Score
Price ₹836.35
! 2 Warning Signs
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What is Alpex Solar PS Ratio?

Alpex Solar NSE:ALPEXSOLAR -1.05% 47 PS Ratio is 0.94 as of Jul. 26, 2026, which is 67% below its 10-year median of 2.82. GuruFocus rates NSE:ALPEXSOLAR with a GF Score™ of 47/100. The stock has 2 warning signs investors should review. Among 1,019 Semiconductors companies, Alpex Solar ranks better than 81.84% 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, Alpex Solar's share price is ₹836.35. Alpex Solar's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹885.23. Hence, Alpex Solar's PS Ratio for today is 0.94.

Good Sign:

Alpex Solar Ltd stock PS Ratio (=0.94) is close to 3-year low of 0.9.

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

NSE:ALPEXSOLAR' s PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 2.82   Max: 12.16
Current: 0.94

During the past 6 years, Alpex Solar's highest PS Ratio was 12.16. The lowest was 0.90. And the median was 2.82.

NSE:ALPEXSOLAR's PS Ratio is ranked better than
81.84% of 1019 companies
in the Semiconductors industry
Industry Median: 3.81 vs NSE:ALPEXSOLAR: 0.94

Alpex Solar's Revenue per Sharefor the three months ended in Mar. 2026 was ₹263.07. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹885.23.

During the past 12 months, the average Revenue per Share Growth Rate of Alpex Solar was 178.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 123.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 72.50% per year.

During the past 6 years, Alpex Solar's highest 3-Year average Revenue per Share Growth Rate was 123.70% per year. The lowest was 53.20% per year. And the median was 67.70% per year.

Back to Basics: PS Ratio


Alpex Solar  (NSE:ALPEXSOLAR) 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.


Alpex Solar PS Ratio Related Terms


Alpex Solar PS Ratio Historical Data

* Premium members only.

The historical data trend for Alpex Solar'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.

Alpex Solar PS Ratio Chart

Alpex Solar Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PS Ratio
Get a 7-Day Free Trial 0.00 0.00 1.52 1.78 0.85

Alpex Solar Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.78 2.55 2.00 1.09 0.85

NSE:ALPEXSOLAR vs FSLR, NXT, ENPH: PS Ratio Comparison

For the Solar subindustry, Alpex Solar'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.


Alpex Solar PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Alpex Solar's PS Ratio distribution charts can be found below:

* The bar in red indicates where Alpex Solar's PS Ratio falls into.


NSE:ALPEXSOLAR
47GF Score
Alpex Solar Ltd NSE:ALPEXSOLAR
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpex Solar 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.

Alpex Solar's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=836.35/885.232
=0.94

Alpex Solar's Share Price of today is ₹836.35.
Alpex Solar's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹885.23.

* 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.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 0.94 mean?
Alpex Solar (NSE:ALPEXSOLAR) has a PS Ratio of 0.94 as of Jul. 26, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Alpex Solar and its competitors. This is 67% below median its historical median of 2.82. Over the past decade, Alpex Solar's PS Ratio has ranged from 0.90 to 12.16. According to the industry distribution chart, Alpex Solar ranks #185 out of 1019 companies in the Semiconductors industry, placing it in the top 18.2%.
Is Alpex Solar's PS Ratio too high?
Alpex Solar's current PS Ratio of 0.94 is 67% below median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 12.16. The Semiconductors industry median PS Ratio is 3.81. Alpex Solar's value of 0.94 is 75.3% below this industry median. Based on the distribution chart, Alpex Solar ranks #185 out of 1019 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Alpex Solar has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Alpex Solar's PS Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Alpex Solar ranks #185 out of 1019 companies for PS Ratio. This places Alpex Solar in the top 18% of its industry — outperforming the majority of peers. The industry median PS Ratio is 3.81. Alpex Solar's value of 0.94 is 75.3% below this benchmark. Historically, Alpex Solar's own PS Ratio has ranged from 0.90 to 12.16 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 3.81, Alpex Solar 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 a Semiconductors company?
The median PS Ratio among Semiconductors companies is 3.81, based on 1,019 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. Alpex Solar's current PS Ratio of 0.94 is 75.3% 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 Alpex Solar and its competitors. For the Semiconductors industry, the median PS Ratio is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpex Solar's current PS Ratio is 0.94, which is 67% below median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpex Solar stock overvalued right now?
Alpex Solar (NSE:ALPEXSOLAR) has a current PS Ratio of 0.94. The current PS Ratio is 0.94, which is 67% below median its 10-year median of 2.82 and 75.3% below the Semiconductors industry median of 3.81. Alpex Solar'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 Alpex Solar (NSE:ALPEXSOLAR), the current PS Ratio is 0.94 as of Jul. 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.

Alpex Solar Business Description

Address Plot No. I-25-26, Site 5, Surajpur Industrial Area, Gautam Buddha Nagar, Kasna, Greater Noida, UP, IND, 201306
Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. The company portfolio of solar energy products consists of bifacial, mono PERC, Halfcut solar PV modules, and also provides integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories. Geographically, the company generates the majority of its revenue from India.
47GF Score

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₹836.35
Price