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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, National Highways Infra Trust's share price is ₹168.50.
National Highways Infra Trust's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹22.14. Hence, National Highways Infra Trust's PS Ratio for today is 7.61.
Good Sign:
National Highways Infra Trust stock PS Ratio (=7.27) is close to 5-year low of 6.82.
The historical rank and industry rank for National Highways Infra Trust's PS Ratio or its related term are showing as below:
NSE:IVNHIT'
s PS Ratio Range Over the Past 10 Years
Min: 6.82 Med: 10.11 Max: 49.57
Current: 7.23
During the past 6 years, National Highways Infra Trust's highest PS Ratio was 49.57. The lowest was 6.82. And the median was 10.11.
NSE:IVNHIT's PS Ratio is ranked worse than 56.21% of 918
companies
in the REITs industry
Industry Median: 6.71
vs NSE:IVNHIT: 7.23
During the past 6 years, National Highways Infra Trust's highest 3-Year average Revenue per Share Growth Rate was 96.60% per year. The lowest was 28.10% per year. And the median was 62.35% per year.
Back to Basics: PS Ratio
National Highways Infra Trust (NSE:IVNHIT) 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.
National Highways Infra Trust PS Ratio Related Terms
National Highways Infra Trust PS Ratio Historical Data
* 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 REIT - Specialty subindustry, National Highways Infra Trust'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.
National Highways Infra Trust PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, National Highways Infra Trust's PS Ratio distribution charts can be found below:
* The bar in red indicates where National Highways Infra Trust's PS Ratio falls into.
National Highways Infra Trust 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.
National Highways Infra Trust's Share Price of today is ₹168.50. National Highways Infra Trust'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 ₹22.14.
* 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:
National Highways Infra Trust (NSE:IVNHIT) has a PS Ratio of 7.61 as of Jul. 19, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on National Highways Infra Trust and its competitors. This is 25% below median its historical median of 10.11. Over the past decade, National Highways Infra Trust's PS Ratio has ranged from 6.82 to 49.57. According to the industry distribution chart, National Highways Infra Trust ranks #516 out of 918 companies in the REITs industry, placing it in the top 56.2%.
Is National Highways Infra Trust's PS Ratio too high?
National Highways Infra Trust's current PS Ratio of 7.61 is 25% below median its 10-year median of 10.11. Over the past 10 years, this metric has ranged from a low of 6.82 to a high of 49.57. The REITs industry median PS Ratio is 6.71. National Highways Infra Trust's value of 7.61 is 13.4% above this industry median. Based on the distribution chart, National Highways Infra Trust ranks #516 out of 918 companies in the REITs industry, which is below the industry midpoint. Overall, National Highways Infra Trust has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Highways Infra Trust's PS Ratio compare to EQIX and AMT?
According to the REITs industry distribution chart, National Highways Infra Trust ranks #516 out of 918 companies for PS Ratio. This places National Highways Infra Trust in the lower half of its industry. The industry median PS Ratio is 6.71. National Highways Infra Trust's value of 7.61 is 13.4% above this benchmark. Historically, National Highways Infra Trust's own PS Ratio has ranged from 6.82 to 49.57 over the past decade. While the company's 10-year median is 10.11 vs. the industry median of 6.71, National Highways Infra Trust 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 REITs company?
The median PS Ratio among REITs companies is 6.71, based on 918 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. National Highways Infra Trust's current PS Ratio of 7.61 is 13.4% 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 National Highways Infra Trust and its competitors. For the REITs industry, the median PS Ratio is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Highways Infra Trust's current PS Ratio is 7.61, which is 25% below median its own 10-year median of 10.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Highways Infra Trust stock overvalued right now?
Based on GuruFocus' analysis, National Highways Infra Trust (NSE:IVNHIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹233.67, compared to a current price of ₹168.50 — trading 27.9% below its estimated fair value. The current PS Ratio is 7.61, which is 25% below median its 10-year median of 10.11 and 13.4% above the REITs industry median of 6.71. National Highways Infra Trust's overall GF Score™ is 46/100 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 National Highways Infra Trust (NSE:IVNHIT), the current PS Ratio is 7.61 as of Jul. 19, 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 National Highways Infra Trust (NSE:IVNHIT) Overvalued in 2026?
Based on GuruFocus' analysis, National Highways Infra Trust stock appears to be undervalued.
The current stock price of ₹168.50 is trading 27.9% below its estimated GF Value™ of ₹233.67.
GuruFocus considers National Highways Infra Trust to be Modestly Undervalued.
Key valuation signals for NSE:IVNHIT:
PS Ratio: 7.61 (25% below median its 10-year median of 10.11)
GF Value™: ₹233.67 vs. price of ₹168.50 (27.9% below fair value)
Industry Position: 13.4% above the REITs median (#516 of 918)
No single metric tells the full story. See the NSE:IVNHIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Highways Infra Trust Business Description
National Highways Infra Trust is an infrastructure investment trust established for making investments in special purpose vehicles. Its projects include the Abu Road Project, Swaroopganj Project, Kota & Chittorgarh Bypass Project, Kurnool Highway Project, and Belgaum Project.
46GF Score
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