Apollo Pipes (NSE:APOLLOPIPE) PS Ratio: 1.93 (As of Jul. 09, 2026) — 26% Above Median


NSE:APOLLOPIPE Apollo Pipes Ltd NSE:APOLLOPIPE
79 GF Score
Price ₹468.20
GF Value ₹500.02
Valuation Fairly Valued
! 7 Warning Signs
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What is Apollo Pipes PS Ratio?

Apollo Pipes NSE:APOLLOPIPE -1.01% 79 PS Ratio is 1.93 as of Jul. 09, 2026, which is 26% above its 10-year median of 1.53. GuruFocus rates NSE:APOLLOPIPE with a GF Score™ of 79/100 and a GF Value™ of ₹500.02 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,766 Construction companies, Apollo Pipes ranks worse than 73.61% 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, Apollo Pipes's share price is ₹468.20. Apollo Pipes's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹242.91. Hence, Apollo Pipes's PS Ratio for today is 1.93.

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

NSE:APOLLOPIPE' s PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.53   Max: 3.95
Current: 1.93

During the past 13 years, Apollo Pipes's highest PS Ratio was 3.95. The lowest was 0.43. And the median was 1.53.

NSE:APOLLOPIPE's PS Ratio is ranked worse than
73.61% of 1766 companies
in the Construction industry
Industry Median: 0.89 vs NSE:APOLLOPIPE: 1.93

Apollo Pipes's Revenue per Sharefor the three months ended in Mar. 2026 was ₹79.01. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹242.91.

Warning Sign:

Apollo Pipes 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 Apollo Pipes was -10.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 13.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 13.90% per year.

During the past 13 years, Apollo Pipes's highest 3-Year average Revenue per Share Growth Rate was 575.00% per year. The lowest was -66.50% per year. And the median was 12.70% per year.

Back to Basics: PS Ratio


Apollo Pipes  (NSE:APOLLOPIPE) 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.


Apollo Pipes PS Ratio Related Terms


Apollo Pipes PS Ratio Historical Data

* Premium members only.

The historical data trend for Apollo Pipes'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.

Apollo Pipes PS Ratio Chart

Apollo Pipes 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 2.44 2.37 2.55 1.35 1.65

Apollo Pipes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.35 1.63 1.32 1.25 1.65

NSE:APOLLOPIPE vs TT, JCI, CARR: PS Ratio Comparison

For the Building Products & Equipment subindustry, Apollo Pipes'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.


Apollo Pipes PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Apollo Pipes's PS Ratio distribution charts can be found below:

* The bar in red indicates where Apollo Pipes's PS Ratio falls into.


NSE:APOLLOPIPE
79GF Score
Apollo Pipes Ltd NSE:APOLLOPIPE
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apollo Pipes 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.

Apollo Pipes's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=468.20/242.913
=1.93

Apollo Pipes's Share Price of today is ₹468.20.
Apollo Pipes'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 ₹242.91.

* 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 1.93 mean?
Apollo Pipes (NSE:APOLLOPIPE) has a PS Ratio of 1.93 as of Jul. 09, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Apollo Pipes and its competitors. This is 26% above median its historical median of 1.53. Over the past decade, Apollo Pipes' PS Ratio has ranged from 0.43 to 3.95. According to the industry distribution chart, Apollo Pipes ranks #1300 out of 1766 companies in the Construction industry, placing it in the top 73.6%.
Is Apollo Pipes' PS Ratio too high?
Apollo Pipes' current PS Ratio of 1.93 is 26% above median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 3.95. The Construction industry median PS Ratio is 0.89. Apollo Pipes' value of 1.93 is 116.9% above this industry median. Based on the distribution chart, Apollo Pipes ranks #1300 out of 1766 companies in the Construction industry, which is below the industry midpoint. Overall, Apollo Pipes has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Apollo Pipes' PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Apollo Pipes ranks #1300 out of 1766 companies for PS Ratio. This places Apollo Pipes in the lower half of its industry. The industry median PS Ratio is 0.89. Apollo Pipes' value of 1.93 is 116.9% above this benchmark. Historically, Apollo Pipes' own PS Ratio has ranged from 0.43 to 3.95 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 0.89, Apollo Pipes 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 Construction company?
The median PS Ratio among Construction companies is 0.89, based on 1,766 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. Apollo Pipes's current PS Ratio of 1.93 is 116.9% 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 Apollo Pipes and its competitors. For the Construction industry, the median PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Pipes's current PS Ratio is 1.93, which is 26% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Pipes stock overvalued right now?
Based on GuruFocus' analysis, Apollo Pipes (NSE:APOLLOPIPE) is currently considered Fairly Valued. The stock's GF Value™ is ₹500.02, compared to a current price of ₹468.20 — trading 6.4% below its estimated fair value. The current PS Ratio is 1.93, which is 26% above median its 10-year median of 1.53 and 116.9% above the Construction industry median of 0.89. Apollo Pipes' overall GF Score™ is 79/100 with 7 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 Apollo Pipes (NSE:APOLLOPIPE), the current PS Ratio is 1.93 as of Jul. 09, 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 Apollo Pipes (NSE:APOLLOPIPE) Overvalued in 2026?

Based on GuruFocus' analysis, Apollo Pipes stock appears to be undervalued. The current stock price of ₹468.20 is trading 6.4% below its estimated GF Value™ of ₹500.02. GuruFocus considers Apollo Pipes to be Fairly Valued.

Key valuation signals for NSE:APOLLOPIPE:

  • PS Ratio: 1.93 (26% above median its 10-year median of 1.53)
  • GF Value™: ₹500.02 vs. price of ₹468.20 (6.4% below fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 116.9% above the Construction median (#1300 of 1766)

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


Apollo Pipes Business Description

Other Exchanges 531761:India
Address Sector 136, Plot No. A-140, Noida, UP, IND, 201301
Apollo Pipes Ltd is engaged in the business of manufacturing and trading a wide variety of PVC pipes and related products used for agriculture, building and construction, and industrial purposes. The product portfolio includes CPVC pipes and fittings, uPVC and fittings (Threaded and Non-Threaded), SWR pipes and fittings, Sewerage pipes, HDPE pipes and fittings, Sprinkler Systems, uPVC pressure pipes and fittings, uPVC column pipes, and Solvent cement, among others. The Key customer segments for the company include Agriculture, Water Management, Long Distance water conveyance, Construction, Oil and Gas, and Telecom Ducting.
79GF Score

Get the complete analysis for NSE:APOLLOPIPE

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

₹468.20
Price
₹500.02
GF Value