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Armour Security (India)NSE:ARMOUR +3.60%17 PS Ratio is 1.60 as of Jul. 25, 2026, which is 54% above its 10-year median of 1.04. GuruFocus rates NSE:ARMOUR with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 1,065 Business Services companies, Armour Security (India) ranks worse than 64.13% 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, Armour Security (India)'s share price is ₹18.70.
Armour Security (India)'s Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was ₹11.67. Hence, Armour Security (India)'s PS Ratio for today is 1.60.
Good Sign:
Armour Security (India) Ltd stock PS Ratio (=0.88) is close to 1-year low of 0.88.
The historical rank and industry rank for Armour Security (India)'s PS Ratio or its related term are showing as below:
NSE:ARMOUR'
s PS Ratio Range Over the Past 10 Years
Min: 0.88 Med: 1.04 Max: 2.05
Current: 1.61
During the past 3 years, Armour Security (India)'s highest PS Ratio was 2.05. The lowest was 0.88. And the median was 1.04.
NSE:ARMOUR's PS Ratio is ranked worse than 64.13% of 1065
companies
in the Business Services industry
Industry Median: 0.99
vs NSE:ARMOUR: 1.61
Armour Security (India) (NSE:ARMOUR) 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.
* 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.
Armour Security (India) PS Ratio Chart
Armour Security (India) Annual Data
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Armour Security (India) Semi-Annual Data
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NSE:ARMOUR vs ALLE, MSA, ADT: PS Ratio Comparison
For the Security & Protection Services subindustry, Armour Security (India)'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.
Armour Security (India) PS Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Armour Security (India)'s PS Ratio distribution charts can be found below:
* The bar in red indicates where Armour Security (India)'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.
Armour Security (India)'s Share Price of today is ₹18.70.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Armour Security (India)'s Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was ₹11.67.
* 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:
Armour Security (India) (NSE:ARMOUR) has a PS Ratio of 1.60 as of Jul. 25, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Armour Security (India) and its competitors. This is 54% above median its historical median of 1.04. Over the past decade, Armour Security (India)'s PS Ratio has ranged from 0.88 to 2.05. According to the industry distribution chart, Armour Security (India) ranks #683 out of 1065 companies in the Business Services industry, placing it in the top 64.1%.
Is Armour Security (India)'s PS Ratio too high?
Armour Security (India)'s current PS Ratio of 1.60 is 54% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 2.05. The Business Services industry median PS Ratio is 0.99. Armour Security (India)'s value of 1.60 is 61.6% above this industry median. Based on the distribution chart, Armour Security (India) ranks #683 out of 1065 companies in the Business Services industry, which is below the industry midpoint. Overall, Armour Security (India) has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Armour Security (India)'s PS Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Armour Security (India) ranks #683 out of 1065 companies for PS Ratio. This places Armour Security (India) in the lower half of its industry. The industry median PS Ratio is 0.99. Armour Security (India)'s value of 1.60 is 61.6% above this benchmark. Historically, Armour Security (India)'s own PS Ratio has ranged from 0.88 to 2.05 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 0.99, Armour Security (India) 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 Business Services company?
The median PS Ratio among Business Services companies is 0.99, based on 1,065 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. Armour Security (India)'s current PS Ratio of 1.60 is 61.6% 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 Armour Security (India) and its competitors. For the Business Services industry, the median PS Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armour Security (India)'s current PS Ratio is 1.60, which is 54% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armour Security (India) stock overvalued right now?
Armour Security (India) (NSE:ARMOUR) has a current PS Ratio of 1.60. The current PS Ratio is 1.60, which is 54% above median its 10-year median of 1.04 and 61.6% above the Business Services industry median of 0.99. Armour Security (India)'s overall GF Score™ is 17/100 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 Armour Security (India) (NSE:ARMOUR), the current PS Ratio is 1.60 as of Jul. 25, 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.
Armour Security (India) Ltd is engaged in providing comprehensive and customised Security services, Facility Management services, and Recruitment and Staffing solutions across India. It also specializes in providing ancillary services like event support and branding content creation. The company's consultancy services include Transition and Deputation Process Service, Mechanical Clean Service, House Keeping Service, Fire Fighting Service, Supervision Service and Reviews of the Service. Additionally, it offers consulting and advisory services and provides self-service technologies. The company derives the majority of revenue from the provision of Security and other Manpower Services.
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