Indian Energy ExchangeNSE:IEX +1.52%79 PS Ratio is 17.29 as of Jul. 13, 2026, which is 36% below its 10-year median of 27.19. GuruFocus rates NSE:IEX with a GF Score™ of 79/100 and a GF Value™ of ₹212.27 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 758 Capital Markets companies, Indian Energy Exchange ranks worse than 85.22% 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, Indian Energy Exchange's share price is ₹119.64.
Indian Energy Exchange's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6.92. Hence, Indian Energy Exchange's PS Ratio for today is 17.29.
Good Sign:
Indian Energy Exchange Ltd stock PS Ratio (=17.29) is close to 5-year low of 17.25.
The historical rank and industry rank for Indian Energy Exchange's PS Ratio or its related term are showing as below:
NSE:IEX'
s PS Ratio Range Over the Past 10 Years
Min: 14.41 Med: 27.19 Max: 69.5
Current: 17.29
During the past 13 years, Indian Energy Exchange's highest PS Ratio was 69.50. The lowest was 14.41. And the median was 27.19.
NSE:IEX's PS Ratio is ranked worse than 85.22% of 758
companies
in the Capital Markets industry
Industry Median: 4.18
vs NSE:IEX: 17.29
Indian Energy Exchange 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 Indian Energy Exchange was 14.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 15.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -3.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 13.50% per year.
During the past 13 years, Indian Energy Exchange's highest 3-Year average Revenue per Share Growth Rate was 60.60% per year. The lowest was -22.00% per year. And the median was 13.20% per year.
Back to Basics: PS Ratio
Indian Energy Exchange (NSE:IEX) 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.
For the Capital Markets subindustry, Indian Energy Exchange'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.
Indian Energy Exchange PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Indian Energy Exchange's PS Ratio distribution charts can be found below:
* The bar in red indicates where Indian Energy Exchange'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.
Indian Energy Exchange's Share Price of today is ₹119.64. Indian Energy Exchange'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 ₹6.92.
* 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:
Indian Energy Exchange (NSE:IEX) has a PS Ratio of 17.29 as of Jul. 13, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Indian Energy Exchange and its competitors. This is 36% below median its historical median of 27.19. Over the past decade, Indian Energy Exchange's PS Ratio has ranged from 14.41 to 69.50. According to the industry distribution chart, Indian Energy Exchange ranks #646 out of 758 companies in the Capital Markets industry, placing it in the top 85.2%.
Is Indian Energy Exchange's PS Ratio too high?
Indian Energy Exchange's current PS Ratio of 17.29 is 36% below median its 10-year median of 27.19. Over the past 10 years, this metric has ranged from a low of 14.41 to a high of 69.50. The Capital Markets industry median PS Ratio is 4.18. Indian Energy Exchange's value of 17.29 is 313.6% above this industry median. Based on the distribution chart, Indian Energy Exchange ranks #646 out of 758 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Indian Energy Exchange has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indian Energy Exchange's PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Indian Energy Exchange ranks #646 out of 758 companies for PS Ratio. This places Indian Energy Exchange in the lower half of its industry. The industry median PS Ratio is 4.18. Indian Energy Exchange's value of 17.29 is 313.6% above this benchmark. Historically, Indian Energy Exchange's own PS Ratio has ranged from 14.41 to 69.50 over the past decade. While the company's 10-year median is 27.19 vs. the industry median of 4.18, Indian Energy Exchange 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 Capital Markets company?
The median PS Ratio among Capital Markets companies is 4.18, based on 758 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. Indian Energy Exchange's current PS Ratio of 17.29 is 313.6% 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 Indian Energy Exchange and its competitors. For the Capital Markets industry, the median PS Ratio is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Energy Exchange's current PS Ratio is 17.29, which is 36% below median its own 10-year median of 27.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Energy Exchange stock overvalued right now?
Based on GuruFocus' analysis, Indian Energy Exchange (NSE:IEX) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹212.27, compared to a current price of ₹119.64 — trading 43.6% below its estimated fair value. The current PS Ratio is 17.29, which is 36% below median its 10-year median of 27.19 and 313.6% above the Capital Markets industry median of 4.18. Indian Energy Exchange's overall GF Score™ is 79/100 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 Indian Energy Exchange (NSE:IEX), the current PS Ratio is 17.29 as of Jul. 13, 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 Indian Energy Exchange (NSE:IEX) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Energy Exchange stock appears to be undervalued.
The current stock price of ₹119.64 is trading 43.6% below its estimated GF Value™ of ₹212.27.
GuruFocus considers Indian Energy Exchange to be Significantly Undervalued.
Key valuation signals for NSE:IEX:
PS Ratio: 17.29 (36% below median its 10-year median of 27.19)
GF Value™: ₹212.27 vs. price of ₹119.64 (43.6% below fair value)
Industry Position: 313.6% above the Capital Markets median (#646 of 758)
No single metric tells the full story. See the NSE:IEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Energy Exchange Ltd is an India-based power trading platform provider. It is a power exchange for spot trading in power/electricity, trading of Renewable Energy Certificates (REC), and Energy Saving Certificates (ESCerts). The main activity of the company is to provide an automated platform and infrastructure for carrying out trading in electricity units for the physical delivery of electricity.
79GF Score
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