Indo Count IndustriesNSE:ICIL -2.20%83 PS Ratio is 1.97 as of Jul. 11, 2026, which is 54% above its 10-year median of 1.28. GuruFocus rates NSE:ICIL with a GF Score™ of 83/100 and a GF Value™ of ₹357.38 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,030 Manufacturing - Apparel & Accessories companies, Indo Count Industries ranks worse than 75.15% 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, Indo Count Industries's share price is ₹412.55.
Indo Count Industries's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹209.33. Hence, Indo Count Industries's PS Ratio for today is 1.97.
Warning Sign:
Indo Count Industries Ltd stock PS Ratio (=2.05) is close to 1-year high of 2.05.
The historical rank and industry rank for Indo Count Industries's PS Ratio or its related term are showing as below:
NSE:ICIL'
s PS Ratio Range Over the Past 10 Years
Min: 0.23 Med: 1.28 Max: 3.69
Current: 1.93
During the past 13 years, Indo Count Industries's highest PS Ratio was 3.69. The lowest was 0.23. And the median was 1.28.
Indo Count Industries Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Indo Count Industries was -0.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 14.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 12.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.60% per year.
During the past 13 years, Indo Count Industries's highest 3-Year average Revenue per Share Growth Rate was 48.30% per year. The lowest was -8.00% per year. And the median was 13.20% per year.
Back to Basics: PS Ratio
Indo Count Industries (NSE:ICIL) 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.
* 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.
Indo Count Industries PS Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Indo Count Industries'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.
Indo Count Industries PS Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indo Count Industries's PS Ratio distribution charts can be found below:
* The bar in red indicates where Indo Count Industries'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.
Indo Count Industries's Share Price of today is ₹412.55. Indo Count Industries'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 ₹209.33.
* 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:
Indo Count Industries (NSE:ICIL) has a PS Ratio of 1.97 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 Indo Count Industries and its competitors. This is 54% above median its historical median of 1.28. Over the past decade, Indo Count Industries' PS Ratio has ranged from 0.23 to 3.69. According to the industry distribution chart, Indo Count Industries ranks #774 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 75.1%.
Is Indo Count Industries' PS Ratio too high?
Indo Count Industries' current PS Ratio of 1.97 is 54% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 3.69. The Manufacturing - Apparel & Accessories industry median PS Ratio is 0.83. Indo Count Industries' value of 1.97 is 137.3% above this industry median. Based on the distribution chart, Indo Count Industries ranks #774 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Indo Count Industries has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Count Industries' PS Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Indo Count Industries ranks #774 out of 1030 companies for PS Ratio. This places Indo Count Industries in the lower half of its industry. The industry median PS Ratio is 0.83. Indo Count Industries' value of 1.97 is 137.3% above this benchmark. Historically, Indo Count Industries' own PS Ratio has ranged from 0.23 to 3.69 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 0.83, Indo Count Industries 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 Manufacturing - Apparel & Accessories company?
The median PS Ratio among Manufacturing - Apparel & Accessories companies is 0.83, based on 1,030 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. Indo Count Industries's current PS Ratio of 1.97 is 137.3% 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 Indo Count Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PS Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Count Industries's current PS Ratio is 1.97, which is 54% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Count Industries stock overvalued right now?
Based on GuruFocus' analysis, Indo Count Industries (NSE:ICIL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹357.38, compared to a current price of ₹412.55 — trading 15.4% above its estimated fair value. The current PS Ratio is 1.97, which is 54% above median its 10-year median of 1.28 and 137.3% above the Manufacturing - Apparel & Accessories industry median of 0.83. Indo Count Industries' overall GF Score™ is 83/100 with 9 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 Indo Count Industries (NSE:ICIL), the current PS Ratio is 1.97 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 Indo Count Industries (NSE:ICIL) Overvalued in 2026?
Based on GuruFocus' analysis, Indo Count Industries stock appears to be overvalued.
The current stock price of ₹412.55 is trading 15.4% above its estimated GF Value™ of ₹357.38.
GuruFocus considers Indo Count Industries to be Modestly Overvalued.
Key valuation signals for NSE:ICIL:
PS Ratio: 1.97 (54% above median its 10-year median of 1.28)
GF Value™: ₹357.38 vs. price of ₹412.55 (15.4% above fair value)
Industry Position: 137.3% above the Manufacturing - Apparel & Accessories median (#774 of 1030)
No single metric tells the full story. See the NSE:ICIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indo Count Industries Ltd is an India-based company principally engaged in the manufacturing and sale of textile products. The company manufactures and exports bed sheets, bed linen, utility bedding, pillowcases, fashion bedding, institutional bedding, comforters, quilts, decorative pillows, etc. Its products are marketed through brands like Pure Earth, Boutique Living, Atlas, Simply Put, Linen Closet, The Pure Collection, and Heirlooms of India. The company operates in a single segment and derives a majority of its revenue by exporting its products to countries like the United States of America, UAE, the United Kingdom, and others.
83GF Score
Get the complete analysis for NSE:ICIL
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ICIL has been successfully added to your 
