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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, Harsha Engineers International's share price is ₹419.90.
Harsha Engineers International's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹178.71. Hence, Harsha Engineers International's PS Ratio for today is 2.35.
The historical rank and industry rank for Harsha Engineers International's PS Ratio or its related term are showing as below:
NSE:HARSHA'
s PS Ratio Range Over the Past 10 Years
Min: 1.86 Med: 2.65 Max: 3.8
Current: 2.37
During the past 7 years, Harsha Engineers International's highest PS Ratio was 3.80. The lowest was 1.86. And the median was 2.65.
NSE:HARSHA's PS Ratio is ranked worse than 56.41% of 3021
companies
in the Industrial Products industry
Industry Median: 1.97
vs NSE:HARSHA: 2.37
During the past 7 years, Harsha Engineers International's highest 3-Year average Revenue per Share Growth Rate was 18.90% per year. The lowest was 2.20% per year. And the median was 10.10% per year.
Back to Basics: PS Ratio
Harsha Engineers International (NSE:HARSHA) 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.
Harsha Engineers International PS Ratio Related Terms
Harsha Engineers International PS Ratio Historical Data
* 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 Tools & Accessories subindustry, Harsha Engineers International'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.
Harsha Engineers International PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Harsha Engineers International's PS Ratio distribution charts can be found below:
* The bar in red indicates where Harsha Engineers International's PS Ratio falls into.
Harsha Engineers International 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.
Harsha Engineers International's Share Price of today is ₹419.90. Harsha Engineers International'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 ₹178.71.
* 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:
Harsha Engineers International (NSE:HARSHA) has a PS Ratio of 2.35 as of Jul. 18, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Harsha Engineers International and its competitors. This is 11% below median its historical median of 2.65. Over the past decade, Harsha Engineers International's PS Ratio has ranged from 1.86 to 3.80. According to the industry distribution chart, Harsha Engineers International ranks #1704 out of 3021 companies in the Industrial Products industry, placing it in the top 56.4%.
Is Harsha Engineers International's PS Ratio too high?
Harsha Engineers International's current PS Ratio of 2.35 is 11% below median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 3.80. The Industrial Products industry median PS Ratio is 1.97. Harsha Engineers International's value of 2.35 is 19.3% above this industry median. Based on the distribution chart, Harsha Engineers International ranks #1704 out of 3021 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Harsha Engineers International has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harsha Engineers International's PS Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Harsha Engineers International ranks #1704 out of 3021 companies for PS Ratio. This places Harsha Engineers International in the lower half of its industry. The industry median PS Ratio is 1.97. Harsha Engineers International's value of 2.35 is 19.3% above this benchmark. Historically, Harsha Engineers International's own PS Ratio has ranged from 1.86 to 3.80 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 1.97, Harsha Engineers International 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 1.97, based on 3,021 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. Harsha Engineers International's current PS Ratio of 2.35 is 19.3% 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 Harsha Engineers International and its competitors. For the Industrial Products industry, the median PS Ratio is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harsha Engineers International's current PS Ratio is 2.35, which is 11% below median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harsha Engineers International stock overvalued right now?
Based on GuruFocus' analysis, Harsha Engineers International (NSE:HARSHA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹501.36, compared to a current price of ₹419.90 — trading 16.2% below its estimated fair value. The current PS Ratio is 2.35, which is 11% below median its 10-year median of 2.65 and 19.3% above the Industrial Products industry median of 1.97. Harsha Engineers International's overall GF Score™ is 85/100 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 Harsha Engineers International (NSE:HARSHA), the current PS Ratio is 2.35 as of Jul. 18, 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 Harsha Engineers International (NSE:HARSHA) Overvalued in 2026?
Based on GuruFocus' analysis, Harsha Engineers International stock appears to be undervalued.
The current stock price of ₹419.90 is trading 16.2% below its estimated GF Value™ of ₹501.36.
GuruFocus considers Harsha Engineers International to be Modestly Undervalued.
Key valuation signals for NSE:HARSHA:
PS Ratio: 2.35 (11% below median its 10-year median of 2.65)
GF Value™: ₹501.36 vs. price of ₹419.90 (16.2% below fair value)
Industry Position: 19.3% above the Industrial Products median (#1704 of 3021)
No single metric tells the full story. See the NSE:HARSHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harsha Engineers International Business Description
Harsha Engineers International Ltd is a manufacturer of precision bearing cages. The company supplies its products to customers covering five continents such as North America, Europe, Asia, South America, and Africa. It comprises two segments: Engineering business, under which the company manufactures bearing cages (in brass, steel, and polyamide materials), complex and specialized precision stamped components, welded assemblies and brass castings and cages & bronze bushings: and Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.
85GF Score
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