Vodafone IdeaNSE:IDEA -1.70%39 PS Ratio is 3.32 as of Jul. 08, 2026, which is 326% above its 10-year median of 0.78. GuruFocus rates NSE:IDEA with a GF Score™ of 39/100 and a GF Value™ of ₹5.60 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 365 Telecommunication Services companies, Vodafone Idea ranks worse than 82.19% 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, Vodafone Idea's share price is ₹13.85.
Vodafone Idea's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.17. Hence, Vodafone Idea's PS Ratio for today is 3.32.
Warning Sign:
Vodafone Idea Ltd stock PS Ratio (=3.43) is close to 10-year high of 3.59.
The historical rank and industry rank for Vodafone Idea's PS Ratio or its related term are showing as below:
NSE:IDEA'
s PS Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.78 Max: 3.59
Current: 3.32
During the past 13 years, Vodafone Idea's highest PS Ratio was 3.59. The lowest was 0.13. And the median was 0.78.
NSE:IDEA's PS Ratio is ranked worse than 82.19% of 365
companies
in the Telecommunication Services industry
Industry Median: 1.35
vs NSE:IDEA: 3.32
Vodafone Idea Ltd revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Vodafone Idea was -34.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -30.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -22.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -23.90% per year.
During the past 13 years, Vodafone Idea's highest 3-Year average Revenue per Share Growth Rate was 48.30% per year. The lowest was -34.80% per year. And the median was 14.25% per year.
Back to Basics: PS Ratio
Vodafone Idea (NSE:IDEA) 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.
Vodafone Idea PS Ratio Related Terms
Vodafone Idea PS Ratio Historical Data
* Premium members only.
The historical data trend for Vodafone Idea'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 Telecom Services subindustry, Vodafone Idea'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.
Vodafone Idea PS Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Vodafone Idea's PS Ratio distribution charts can be found below:
* The bar in red indicates where Vodafone Idea'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.
Vodafone Idea's Share Price of today is ₹13.85. Vodafone Idea'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 ₹4.17.
* 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:
Vodafone Idea (NSE:IDEA) has a PS Ratio of 3.32 as of Jul. 08, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Vodafone Idea and its competitors. This is 326% above median its historical median of 0.78. Over the past decade, Vodafone Idea's PS Ratio has ranged from 0.13 to 3.59. According to the industry distribution chart, Vodafone Idea ranks #300 out of 365 companies in the Telecommunication Services industry, placing it in the top 82.2%.
Is Vodafone Idea's PS Ratio too high?
Vodafone Idea's current PS Ratio of 3.32 is 326% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 3.59. The Telecommunication Services industry median PS Ratio is 1.35. Vodafone Idea's value of 3.32 is 145.9% above this industry median. Based on the distribution chart, Vodafone Idea ranks #300 out of 365 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Vodafone Idea has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vodafone Idea's PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Vodafone Idea ranks #300 out of 365 companies for PS Ratio. This places Vodafone Idea in the lower half of its industry. The industry median PS Ratio is 1.35. Vodafone Idea's value of 3.32 is 145.9% above this benchmark. Historically, Vodafone Idea's own PS Ratio has ranged from 0.13 to 3.59 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.35, Vodafone Idea 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 Telecommunication Services company?
The median PS Ratio among Telecommunication Services companies is 1.35, based on 365 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. Vodafone Idea's current PS Ratio of 3.32 is 145.9% 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 Vodafone Idea and its competitors. For the Telecommunication Services industry, the median PS Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vodafone Idea's current PS Ratio is 3.32, which is 326% 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 Vodafone Idea stock overvalued right now?
Based on GuruFocus' analysis, Vodafone Idea (NSE:IDEA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.60, compared to a current price of ₹13.85 — trading 147.3% above its estimated fair value. The current PS Ratio is 3.32, which is 326% above median its 10-year median of 0.78 and 145.9% above the Telecommunication Services industry median of 1.35. Vodafone Idea's overall GF Score™ is 39/100 with 7 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 Vodafone Idea (NSE:IDEA), the current PS Ratio is 3.32 as of Jul. 08, 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 Vodafone Idea (NSE:IDEA) Overvalued in 2026?
Based on GuruFocus' analysis, Vodafone Idea stock appears to be overvalued.
The current stock price of ₹13.85 is trading 147.3% above its estimated GF Value™ of ₹5.60.
GuruFocus considers Vodafone Idea to be Significantly Overvalued.
Key valuation signals for NSE:IDEA:
PS Ratio: 3.32 (326% above median its 10-year median of 0.78)
GF Value™: ₹5.60 vs. price of ₹13.85 (147.3% above fair value)
Industry Position: 145.9% above the Telecommunication Services median (#300 of 365)
No single metric tells the full story. See the NSE:IDEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vodafone Idea Ltd is a telecommunications company that provides mobile services and operates under one segment namely Mobility services. Mobility services generates revenue from mobile services and constitutes the majority of overall company revenue. The company owns telecommunications infrastructure, such as fiber networks and mobile towers. The company generates the vast majority of its revenue in India.
39GF Score
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