Dredging of India (NSE:DREDGECORP) PS Ratio: 2.22 (As of Jul. 25, 2026) — 35% Above Median

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NSE:DREDGECORP Dredging Corp of India Ltd NSE:DREDGECORP
65 GF Score
Price ₹1,003.30
GF Value ₹870.34
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Dredging of India PS Ratio?

Dredging of India NSE:DREDGECORP +1.90% 65 PS Ratio is 2.22 as of Jul. 25, 2026, which is 35% above its 10-year median of 1.65. GuruFocus rates NSE:DREDGECORP with a GF Score™ of 65/100 and a GF Value™ of ₹870.34 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,767 Construction companies, Dredging of India ranks worse than 77.7% 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, Dredging of India's share price is ₹1003.30. Dredging of India's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹451.30. Hence, Dredging of India's PS Ratio for today is 2.22.

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

NSE:DREDGECORP' s PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.65   Max: 4.42
Current: 2.23

During the past 13 years, Dredging of India's highest PS Ratio was 4.42. The lowest was 0.55. And the median was 1.65.

NSE:DREDGECORP's PS Ratio is ranked worse than
77.7% of 1767 companies
in the Construction industry
Industry Median: 0.88 vs NSE:DREDGECORP: 2.23

Dredging of India's Revenue per Sharefor the three months ended in Mar. 2026 was ₹190.51. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹451.30.

Warning Sign:

Dredging Corp of India 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 Dredging of India was -12.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 1.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 11.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 8.60% per year.

During the past 13 years, Dredging of India's highest 3-Year average Revenue per Share Growth Rate was 20.80% per year. The lowest was -10.90% per year. And the median was 5.90% per year.

Back to Basics: PS Ratio


Dredging of India  (NSE:DREDGECORP) 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.


Dredging of India PS Ratio Related Terms


Dredging of India PS Ratio Historical Data

* Premium members only.

The historical data trend for Dredging of India'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.

Dredging of India PS Ratio Chart

Dredging of India 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 1.12 0.68 2.00 1.10 1.78

Dredging of India 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 1.10 1.90 1.64 2.77 1.78

NSE:DREDGECORP vs PWR, FIX, EME: PS Ratio Comparison

For the Engineering & Construction subindustry, Dredging of 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.


Dredging of India PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Dredging of India's PS Ratio distribution charts can be found below:

* The bar in red indicates where Dredging of India's PS Ratio falls into.


NSE:DREDGECORP
65GF Score
Dredging Corp of India Ltd NSE:DREDGECORP
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dredging of India 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.

Dredging of India's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1003.30/451.299
=2.22

Dredging of India's Share Price of today is ₹1003.30.
Dredging of India'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 ₹451.30.

* 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 2.22 mean?
Dredging of India (NSE:DREDGECORP) has a PS Ratio of 2.22 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 Dredging of India and its competitors. This is 35% above median its historical median of 1.65. Over the past decade, Dredging of India's PS Ratio has ranged from 0.55 to 4.42. According to the industry distribution chart, Dredging of India ranks #1373 out of 1767 companies in the Construction industry, placing it in the top 77.7%.
Is Dredging of India's PS Ratio too high?
Dredging of India's current PS Ratio of 2.22 is 35% above median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 4.42. The Construction industry median PS Ratio is 0.88. Dredging of India's value of 2.22 is 152.3% above this industry median. Based on the distribution chart, Dredging of India ranks #1373 out of 1767 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Dredging of India has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dredging of India's PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Dredging of India ranks #1373 out of 1767 companies for PS Ratio. This places Dredging of India in the lower half of its industry. The industry median PS Ratio is 0.88. Dredging of India's value of 2.22 is 152.3% above this benchmark. Historically, Dredging of India's own PS Ratio has ranged from 0.55 to 4.42 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 0.88, Dredging of 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 Construction company?
The median PS Ratio among Construction companies is 0.88, based on 1,767 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. Dredging of India's current PS Ratio of 2.22 is 152.3% 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 Dredging of India and its competitors. For the Construction industry, the median PS Ratio is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dredging of India's current PS Ratio is 2.22, which is 35% above median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dredging of India stock overvalued right now?
Based on GuruFocus' analysis, Dredging of India (NSE:DREDGECORP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹870.34, compared to a current price of ₹1,003.30 — trading 15.3% above its estimated fair value. The current PS Ratio is 2.22, which is 35% above median its 10-year median of 1.65 and 152.3% above the Construction industry median of 0.88. Dredging of India's overall GF Score™ is 65/100 with 4 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 Dredging of India (NSE:DREDGECORP), the current PS Ratio is 2.22 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.

Is Dredging of India (NSE:DREDGECORP) Overvalued in 2026?

Based on GuruFocus' analysis, Dredging of India stock appears to be overvalued. The current stock price of ₹1,003.30 is trading 15.3% above its estimated GF Value™ of ₹870.34. GuruFocus considers Dredging of India to be Modestly Overvalued.

Key valuation signals for NSE:DREDGECORP:

  • PS Ratio: 2.22 (35% above median its 10-year median of 1.65)
  • GF Value™: ₹870.34 vs. price of ₹1,003.30 (15.3% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 152.3% above the Construction median (#1373 of 1767)

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


Dredging of India Business Description

Other Exchanges 523618:India
Address HB Colony Main Road, Dredge House, Seethammadhara, Visakhapatnam, AP, IND, 530022
Dredging Corp of India Ltd provides integrated dredging and related marine services for ports, maritime trade, beach nourishment, reclamation, and inland dredging majorly across India. The company operates a fleet of dredgers to deepen and maintain sea coasts, river sides, canals, and ports, supporting expanding port operations driven by government initiatives such as the Sagarmala Programme. It also pursues business opportunities in overseas markets including the Middle East, Southeast Asia, and South Asia. Revenue is generated through contracts with majority ports and maritime organizations, as well as emerging industrial and infrastructure projects requiring dredging services.
65GF Score

Get the complete analysis for NSE:DREDGECORP

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

₹1,003.30
Price
₹870.34
GF Value