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Indowind EnergyNSE:INDOWIND +0.21%67 PS Ratio is 2.99 as of Jul. 20, 2026, which is 8% above its 10-year median of 2.76. GuruFocus rates NSE:INDOWIND with a GF Score™ of 67/100 and a GF Value™ of ₹14.54 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 417 Utilities - Independent Power Producers companies, Indowind Energy ranks worse than 56.12% 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, Indowind Energy's share price is ₹9.35.
Indowind Energy's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹3.13. Hence, Indowind Energy's PS Ratio for today is 2.99.
The historical rank and industry rank for Indowind Energy's PS Ratio or its related term are showing as below:
NSE:INDOWIND'
s PS Ratio Range Over the Past 10 Years
Min: 0.76 Med: 2.76 Max: 18.58
Current: 3.01
During the past 13 years, Indowind Energy's highest PS Ratio was 18.58. The lowest was 0.76. And the median was 2.76.
Indowind Energy Ltd revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Indowind Energy was -7.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -5.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 5.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 4.90% per year.
During the past 13 years, Indowind Energy's highest 3-Year average Revenue per Share Growth Rate was 23.80% per year. The lowest was -41.00% per year. And the median was 0.40% per year.
Back to Basics: PS Ratio
Indowind Energy (NSE:INDOWIND) 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.
Indowind Energy PS Ratio Related Terms
Indowind Energy PS Ratio Historical Data
* Premium members only.
The historical data trend for Indowind Energy'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 Utilities - Renewable subindustry, Indowind Energy'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.
Indowind Energy PS Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Indowind Energy's PS Ratio distribution charts can be found below:
* The bar in red indicates where Indowind Energy'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.
Indowind Energy's Share Price of today is ₹9.35. Indowind Energy'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 ₹3.13.
* 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:
Indowind Energy (NSE:INDOWIND) has a PS Ratio of 2.99 as of Jul. 20, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Indowind Energy and its competitors. This is near median its historical median of 2.76. Over the past decade, Indowind Energy's PS Ratio has ranged from 0.76 to 18.58. According to the industry distribution chart, Indowind Energy ranks #234 out of 417 companies in the Utilities - Independent Power Producers industry, placing it in the top 56.1%.
Is Indowind Energy's PS Ratio too high?
Indowind Energy's current PS Ratio of 2.99 is near median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 18.58. The Utilities - Independent Power Producers industry median PS Ratio is 2.60. Indowind Energy's value of 2.99 is 15% above this industry median. Based on the distribution chart, Indowind Energy ranks #234 out of 417 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Indowind Energy has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indowind Energy's PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Indowind Energy ranks #234 out of 417 companies for PS Ratio. This places Indowind Energy in the lower half of its industry. The industry median PS Ratio is 2.60. Indowind Energy's value of 2.99 is 15% above this benchmark. Historically, Indowind Energy's own PS Ratio has ranged from 0.76 to 18.58 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 2.60, Indowind Energy 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 Utilities - Independent Power Producers company?
The median PS Ratio among Utilities - Independent Power Producers companies is 2.60, based on 417 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. Indowind Energy's current PS Ratio of 2.99 is 15% 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 Indowind Energy and its competitors. For the Utilities - Independent Power Producers industry, the median PS Ratio is 2.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indowind Energy's current PS Ratio is 2.99, which is near median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indowind Energy stock overvalued right now?
Based on GuruFocus' analysis, Indowind Energy (NSE:INDOWIND) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹14.54, compared to a current price of ₹9.35 — trading 35.7% below its estimated fair value. The current PS Ratio is 2.99, which is near median its 10-year median of 2.76 and 15% above the Utilities - Independent Power Producers industry median of 2.60. Indowind Energy's overall GF Score™ is 67/100 with 3 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 Indowind Energy (NSE:INDOWIND), the current PS Ratio is 2.99 as of Jul. 20, 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 Indowind Energy (NSE:INDOWIND) Overvalued in 2026?
Based on GuruFocus' analysis, Indowind Energy stock appears to be undervalued.
The current stock price of ₹9.35 is trading 35.7% below its estimated GF Value™ of ₹14.54.
GuruFocus considers Indowind Energy to be Significantly Undervalued.
Key valuation signals for NSE:INDOWIND:
PS Ratio: 2.99 (near median its 10-year median of 2.76)
GF Value™: ₹14.54 vs. price of ₹9.35 (35.7% below fair value)
Industry Position: 15% above the Utilities - Independent Power Producers median (#234 of 417)
No single metric tells the full story. See the NSE:INDOWIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indowind Energy Ltd is an independent power producer in the renewable energy field generating green power through dedicated wind farms and also offering allied services in the wind energy sector. It offers the following services to various stakeholders in the power industry - green power sale, project management services, asset management services, and value addition services. The company generates its revenue from the sale of power.
67GF Score
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