Force MotorsNSE:FORCEMOT +0.02%77 PS Ratio is 2.64 as of Jul. 11, 2026, which is 238% above its 10-year median of 0.78. GuruFocus rates NSE:FORCEMOT with a GF Score™ of 77/100 and a GF Value™ of ₹10,879.34 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,318 Vehicles & Parts companies, Force Motors ranks worse than 80.42% 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, Force Motors's share price is ₹18170.00.
Force Motors's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6,873.62. Hence, Force Motors's PS Ratio for today is 2.64.
The historical rank and industry rank for Force Motors's PS Ratio or its related term are showing as below:
NSE:FORCEMOT'
s PS Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.78 Max: 3.9
Current: 2.59
During the past 13 years, Force Motors's highest PS Ratio was 3.90. The lowest was 0.27. And the median was 0.78.
NSE:FORCEMOT's PS Ratio is ranked worse than 80.42% of 1318
companies
in the Vehicles & Parts industry
Industry Median: 0.8
vs NSE:FORCEMOT: 2.59
Force Motors Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Force Motors was 12.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 22.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 36.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 11.80% per year.
During the past 13 years, Force Motors's highest 3-Year average Revenue per Share Growth Rate was 52.60% per year. The lowest was -16.80% per year. And the median was 13.30% per year.
Back to Basics: PS Ratio
Force Motors (NSE:FORCEMOT) 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.
Force Motors PS Ratio Related Terms
Force Motors PS Ratio Historical Data
* Premium members only.
The historical data trend for Force Motors'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 Auto Manufacturers subindustry, Force Motors'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.
Force Motors PS Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Force Motors's PS Ratio distribution charts can be found below:
* The bar in red indicates where Force Motors'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.
Force Motors's PS Ratio for today is calculated as
Force Motors's Share Price of today is ₹18170.00. Force Motors'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 ₹6,873.62.
* 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:
Force Motors (NSE:FORCEMOT) has a PS Ratio of 2.64 as of Jul. 11, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Force Motors and its competitors. This is 238% above median its historical median of 0.78. Over the past decade, Force Motors' PS Ratio has ranged from 0.27 to 3.90. According to the industry distribution chart, Force Motors ranks #1060 out of 1318 companies in the Vehicles & Parts industry, placing it in the top 80.4%.
Is Force Motors' PS Ratio too high?
Force Motors' current PS Ratio of 2.64 is 238% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 3.90. The Vehicles & Parts industry median PS Ratio is 0.80. Force Motors' value of 2.64 is 230% above this industry median. Based on the distribution chart, Force Motors ranks #1060 out of 1318 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Force Motors has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Force Motors' PS Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Force Motors ranks #1060 out of 1318 companies for PS Ratio. This places Force Motors in the lower half of its industry. The industry median PS Ratio is 0.80. Force Motors' value of 2.64 is 230% above this benchmark. Historically, Force Motors' own PS Ratio has ranged from 0.27 to 3.90 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.80, Force Motors 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 Vehicles & Parts company?
The median PS Ratio among Vehicles & Parts companies is 0.80, based on 1,318 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. Force Motors's current PS Ratio of 2.64 is 230% 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 Force Motors and its competitors. For the Vehicles & Parts industry, the median PS Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Force Motors's current PS Ratio is 2.64, which is 238% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Force Motors stock overvalued right now?
Based on GuruFocus' analysis, Force Motors (NSE:FORCEMOT) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹10,879.34, compared to a current price of ₹18,170.00 — trading 67% above its estimated fair value. The current PS Ratio is 2.64, which is 238% above median its 10-year median of 0.78 and 230% above the Vehicles & Parts industry median of 0.80. Force Motors' overall GF Score™ is 77/100 with 1 warning sign 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 Force Motors (NSE:FORCEMOT), the current PS Ratio is 2.64 as of Jul. 11, 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 Force Motors (NSE:FORCEMOT) Overvalued in 2026?
Based on GuruFocus' analysis, Force Motors stock appears to be overvalued.
The current stock price of ₹18,170.00 is trading 67% above its estimated GF Value™ of ₹10,879.34.
GuruFocus considers Force Motors to be Significantly Overvalued.
Key valuation signals for NSE:FORCEMOT:
PS Ratio: 2.64 (238% above median its 10-year median of 0.78)
GF Value™: ₹10,879.34 vs. price of ₹18,170.00 (67% above fair value)
Industry Position: 230% above the Vehicles & Parts median (#1060 of 1318)
No single metric tells the full story. See the NSE:FORCEMOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Force Motors Ltd is an automobile manufacturing company domiciled in India. The company principally manufactures small commercial vehicles, including cargo transportation; light commercial vehicles, such as buses and vans; multi-utility vehicles; sports utility vehicles; and agricultural tractors. In addition to vehicle manufacturing operations, Force Motors manufactures products related to the automobile industry, such as diesel engines. Production is largely sold domestically, and the company's manufacturing operations are conducted in domestic plants.
77GF Score
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