HI-Green Carbon (NSE:HIGREEN) PS Ratio: 2.42 (As of Aug. 18, 2026) — 56% Below Median

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NSE:HIGREEN HI-Green Carbon Ltd NSE:HIGREEN
58 GF Score
Price ₹134.20
GF Value ₹336.09
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is HI-Green Carbon PS Ratio?

HI-Green Carbon NSE:HIGREEN -1.29% 58 PS Ratio is 2.42 as of Aug. 18, 2026, which is 56% below its 10-year median of 5.56. GuruFocus rates NSE:HIGREEN with a GF Score™ of 58/100 and a GF Value™ of ₹336.09 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,577 Chemicals companies, HI-Green Carbon ranks worse than 65% 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, HI-Green Carbon's share price is ₹134.20. HI-Green Carbon's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹55.55. Hence, HI-Green Carbon's PS Ratio for today is 2.42.

The historical rank and industry rank for HI-Green Carbon's PS Ratio or its related term are showing as below:

NSE:HIGREEN' s PS Ratio Range Over the Past 10 Years
Min: 2.08   Med: 5.56   Max: 10.55
Current: 2.42

During the past 6 years, HI-Green Carbon's highest PS Ratio was 10.55. The lowest was 2.08. And the median was 5.56.

NSE:HIGREEN's PS Ratio is ranked worse than
65% of 1577 companies
in the Chemicals industry
Industry Median: 1.45 vs NSE:HIGREEN: 2.42

HI-Green Carbon's Revenue per Sharefor the six months ended in Mar. 2026 was ₹27.97. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹55.55.

During the past 12 months, the average Revenue per Share Growth Rate of HI-Green Carbon was 43.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 21.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 35.40% per year.

During the past 6 years, HI-Green Carbon's highest 3-Year average Revenue per Share Growth Rate was 47.30% per year. The lowest was 21.10% per year. And the median was 23.70% per year.

Back to Basics: PS Ratio


HI-Green Carbon  (NSE:HIGREEN) 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.


HI-Green Carbon PS Ratio Related Terms


HI-Green Carbon PS Ratio Historical Data

* Premium members only.

The historical data trend for HI-Green Carbon'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.

HI-Green Carbon PS Ratio Chart

HI-Green Carbon Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PS Ratio
Get a 7-Day Free Trial 0.00 0.00 5.27 5.25 1.87

HI-Green Carbon Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.27 0.00 5.25 0.00 1.87

NSE:HIGREEN vs LIN, SHW, ECL: PS Ratio Comparison

For the Specialty Chemicals subindustry, HI-Green Carbon'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.


HI-Green Carbon PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, HI-Green Carbon's PS Ratio distribution charts can be found below:

* The bar in red indicates where HI-Green Carbon's PS Ratio falls into.


NSE:HIGREEN
58GF Score
HI-Green Carbon Ltd NSE:HIGREEN
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HI-Green Carbon 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.

HI-Green Carbon's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=134.20/55.554
=2.42

HI-Green Carbon's Share Price of today is ₹134.20.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HI-Green Carbon's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹55.55.

* 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 2.42 mean?
HI-Green Carbon (NSE:HIGREEN) has a PS Ratio of 2.42 as of Aug. 18, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on HI-Green Carbon and its competitors. This is 56% below median its historical median of 5.56. Over the past decade, HI-Green Carbon's PS Ratio has ranged from 2.08 to 10.55. According to the industry distribution chart, HI-Green Carbon ranks #1025 out of 1577 companies in the Chemicals industry, placing it in the top 65%.
Is HI-Green Carbon's PS Ratio too high?
HI-Green Carbon's current PS Ratio of 2.42 is 56% below median its 10-year median of 5.56. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 10.55. The Chemicals industry median PS Ratio is 1.45. HI-Green Carbon's value of 2.42 is 66.9% above this industry median. Based on the distribution chart, HI-Green Carbon ranks #1025 out of 1577 companies in the Chemicals industry, which is below the industry midpoint. Overall, HI-Green Carbon has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HI-Green Carbon's PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, HI-Green Carbon ranks #1025 out of 1577 companies for PS Ratio. This places HI-Green Carbon in the lower half of its industry. The industry median PS Ratio is 1.45. HI-Green Carbon's value of 2.42 is 66.9% above this benchmark. Historically, HI-Green Carbon's own PS Ratio has ranged from 2.08 to 10.55 over the past decade. While the company's 10-year median is 5.56 vs. the industry median of 1.45, HI-Green Carbon 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 Chemicals company?
The median PS Ratio among Chemicals companies is 1.45, based on 1,577 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. HI-Green Carbon's current PS Ratio of 2.42 is 66.9% 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 HI-Green Carbon and its competitors. For the Chemicals industry, the median PS Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HI-Green Carbon's current PS Ratio is 2.42, which is 56% below median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HI-Green Carbon stock overvalued right now?
Based on GuruFocus' analysis, HI-Green Carbon (NSE:HIGREEN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹336.09, compared to a current price of ₹134.20 — trading 60.1% below its estimated fair value. The current PS Ratio is 2.42, which is 56% below median its 10-year median of 5.56 and 66.9% above the Chemicals industry median of 1.45. HI-Green Carbon's overall GF Score™ is 58/100 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 HI-Green Carbon (NSE:HIGREEN), the current PS Ratio is 2.42 as of Aug. 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 HI-Green Carbon (NSE:HIGREEN) Overvalued in 2026?

Based on GuruFocus' analysis, HI-Green Carbon stock appears to be undervalued. The current stock price of ₹134.20 is trading 60.1% below its estimated GF Value™ of ₹336.09. GuruFocus considers HI-Green Carbon to be Possible Value Trap.

Key valuation signals for NSE:HIGREEN:

  • PS Ratio: 2.42 (56% below median its 10-year median of 5.56)
  • GF Value™: ₹336.09 vs. price of ₹134.20 (60.1% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 66.9% above the Chemicals median (#1025 of 1577)

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


HI-Green Carbon Business Description

Address Kalawad Road, G-557, Lodhika Industrial Estate, Metoda G.I.D.C. Gate No. 3, P. O. Metoda, Taluka Lodhika, Rajkot, GJ, IND, 360021
Hi-Green Carbon Ltd is engaged in the business of recycling waste tires using a continuous pyrolysis process at its manufacturing plant in Rajasthan, India. The process produces energy components and raw materials such as Recovered Carbon Black (rCB), steel wires, fuel oil, and synthesis gas. The company operates an integrated, automated plant with a capacity to recycle tons of waste tires per day and adheres to various environmental, health, safety, and quality certifications. Hi-Green Carbon is expanding its production capacity with plans for new manufacturing units to enhance production and sustainability efforts. Revenue comes from the sale of these recycled products and by-products.
58GF Score

Get the complete analysis for NSE:HIGREEN

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

₹134.20
Price
₹336.09
GF Value