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Finolex CablesNSE:FINCABLES -0.03%96 PS Ratio is 2.42 as of Jul. 28, 2026, which is 8% below its 10-year median of 2.64. GuruFocus rates NSE:FINCABLES with a GF Score™ of 96/100 and a GF Value™ of ₹1,289.78 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,026 Industrial Products companies, Finolex Cables ranks worse than 57.3% 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, Finolex Cables's share price is ₹998.60.
Finolex Cables's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹413.25. Hence, Finolex Cables's PS Ratio for today is 2.42.
The historical rank and industry rank for Finolex Cables's PS Ratio or its related term are showing as below:
NSE:FINCABLES'
s PS Ratio Range Over the Past 10 Years
Min: 0.96 Med: 2.64 Max: 12.04
Current: 2.42
During the past 13 years, Finolex Cables's highest PS Ratio was 12.04. The lowest was 0.96. And the median was 2.64.
NSE:FINCABLES's PS Ratio is ranked worse than 57.3% of 3026
companies
in the Industrial Products industry
Industry Median: 1.92
vs NSE:FINCABLES: 2.42
Finolex Cables Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Finolex Cables was 18.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 12.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 16.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 10.40% per year.
During the past 13 years, Finolex Cables's highest 3-Year average Revenue per Share Growth Rate was 34.30% per year. The lowest was -0.60% per year. And the median was 11.50% per year.
Back to Basics: PS Ratio
Finolex Cables (NSE:FINCABLES) 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.
Finolex Cables PS Ratio Related Terms
Finolex Cables PS Ratio Historical Data
* Premium members only.
The historical data trend for Finolex Cables'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 Electrical Equipment & Parts subindustry, Finolex Cables'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.
Finolex Cables PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Finolex Cables's PS Ratio distribution charts can be found below:
* The bar in red indicates where Finolex Cables'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.
Finolex Cables's Share Price of today is ₹998.60. Finolex Cables'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 ₹413.25.
* 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:
Finolex Cables (NSE:FINCABLES) has a PS Ratio of 2.42 as of Jul. 28, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Finolex Cables and its competitors. This is near median its historical median of 2.64. Over the past decade, Finolex Cables' PS Ratio has ranged from 0.96 to 12.04. According to the industry distribution chart, Finolex Cables ranks #1734 out of 3026 companies in the Industrial Products industry, placing it in the top 57.3%.
Is Finolex Cables' PS Ratio too high?
Finolex Cables' current PS Ratio of 2.42 is near median its 10-year median of 2.64. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 12.04. The Industrial Products industry median PS Ratio is 1.92. Finolex Cables' value of 2.42 is 26% above this industry median. Based on the distribution chart, Finolex Cables ranks #1734 out of 3026 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Finolex Cables has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Finolex Cables' PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Finolex Cables ranks #1734 out of 3026 companies for PS Ratio. This places Finolex Cables in the lower half of its industry. The industry median PS Ratio is 1.92. Finolex Cables' value of 2.42 is 26% above this benchmark. Historically, Finolex Cables' own PS Ratio has ranged from 0.96 to 12.04 over the past decade. While the company's 10-year median is 2.64 vs. the industry median of 1.92, Finolex Cables 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 an Industrial Products company?
The median PS Ratio among Industrial Products companies is 1.92, based on 3,026 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. Finolex Cables's current PS Ratio of 2.42 is 26% 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 Finolex Cables and its competitors. For the Industrial Products industry, the median PS Ratio is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finolex Cables's current PS Ratio is 2.42, which is near median its own 10-year median of 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Cables stock overvalued right now?
Based on GuruFocus' analysis, Finolex Cables (NSE:FINCABLES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,289.78, compared to a current price of ₹998.60 — trading 22.6% below its estimated fair value. The current PS Ratio is 2.42, which is near median its 10-year median of 2.64 and 26% above the Industrial Products industry median of 1.92. Finolex Cables' overall GF Score™ is 96/100 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 Finolex Cables (NSE:FINCABLES), the current PS Ratio is 2.42 as of Jul. 28, 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 Finolex Cables (NSE:FINCABLES) Overvalued in 2026?
Based on GuruFocus' analysis, Finolex Cables stock appears to be undervalued.
The current stock price of ₹998.60 is trading 22.6% below its estimated GF Value™ of ₹1,289.78.
GuruFocus considers Finolex Cables to be Modestly Undervalued.
Key valuation signals for NSE:FINCABLES:
PS Ratio: 2.42 (near median its 10-year median of 2.64)
GF Value™: ₹1,289.78 vs. price of ₹998.60 (22.6% below fair value)
Industry Position: 26% above the Industrial Products median (#1734 of 3026)
No single metric tells the full story. See the NSE:FINCABLES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods, and Others - Trading of Electrical and other goods. It derives a majority of its revenue from the Electrical cables segment. The group offers products like wires and cables, optical fibre cables, switches, LED lightings, fans, MCBs, water heaters, and other products. Geographically, the company caters to both the Indian and the international markets of which, a majority of its revenue is derived from its business in India.
96GF Score
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