JSW Holdings (NSE:JSWHL) PS Ratio: 69.57 (As of Jul. 11, 2026) — 127% Above Median


NSE:JSWHL JSW Holdings Ltd NSE:JSWHL
79 GF Score
Price ₹11,248.00
GF Value ₹9,946.17
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is JSW Holdings PS Ratio?

JSW Holdings NSE:JSWHL +1.11% 79 PS Ratio is 69.57 as of Jul. 11, 2026, which is 127% above its 10-year median of 30.69. GuruFocus rates NSE:JSWHL with a GF Score™ of 79/100 and a GF Value™ of ₹9,946.17 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 550 Conglomerates companies, JSW Holdings ranks worse than 98.55% 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, JSW Holdings's share price is ₹11248.00. JSW Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹161.67. Hence, JSW Holdings's PS Ratio for today is 69.57.

Good Sign:

JSW Holdings Ltd stock PS Ratio (=76.13) is close to 1-year low of 73.78.

The historical rank and industry rank for JSW Holdings's PS Ratio or its related term are showing as below:

NSE:JSWHL' s PS Ratio Range Over the Past 10 Years
Min: 10.21   Med: 30.69   Max: 210.5
Current: 70.56

During the past 13 years, JSW Holdings's highest PS Ratio was 210.50. The lowest was 10.21. And the median was 30.69.

NSE:JSWHL's PS Ratio is ranked worse than
98.55% of 550 companies
in the Conglomerates industry
Industry Median: 0.89 vs NSE:JSWHL: 70.56

JSW Holdings's Revenue per Sharefor the three months ended in Mar. 2026 was ₹29.86. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹161.67.

Warning Sign:

JSW Holdings 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 JSW Holdings was -27.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was -23.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 9.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 16.60% per year.

During the past 13 years, JSW Holdings's highest 3-Year average Revenue per Share Growth Rate was 49.70% per year. The lowest was -23.90% per year. And the median was 20.10% per year.

Back to Basics: PS Ratio


JSW Holdings  (NSE:JSWHL) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


JSW Holdings PS Ratio Related Terms


JSW Holdings PS Ratio Historical Data

* Premium members only.

The historical data trend for JSW Holdings'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.

JSW Holdings PS Ratio Chart

JSW Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.42 10.47 47.13 102.10 70.02

JSW Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 102.10 99.80 104.92 128.26 70.02

NSE:JSWHL vs HON, MMM: PS Ratio Comparison

For the Conglomerates subindustry, JSW Holdings'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.


JSW Holdings PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, JSW Holdings's PS Ratio distribution charts can be found below:

* The bar in red indicates where JSW Holdings's PS Ratio falls into.


NSE:JSWHL
79GF Score
JSW Holdings Ltd NSE:JSWHL
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JSW Holdings 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.

JSW Holdings's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=11248.00/161.671
=69.57

JSW Holdings's Share Price of today is ₹11248.00.
JSW Holdings'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 ₹161.67.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 69.57 mean?
JSW Holdings (NSE:JSWHL) has a PS Ratio of 69.57 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 JSW Holdings and its competitors. This is 127% above median its historical median of 30.69. Over the past decade, JSW Holdings' PS Ratio has ranged from 10.21 to 210.50. According to the industry distribution chart, JSW Holdings ranks #542 out of 550 companies in the Conglomerates industry, placing it in the top 98.5%.
Is JSW Holdings' PS Ratio too high?
JSW Holdings' current PS Ratio of 69.57 is 127% above median its 10-year median of 30.69. Over the past 10 years, this metric has ranged from a low of 10.21 to a high of 210.50. The Conglomerates industry median PS Ratio is 0.89. JSW Holdings' value of 69.57 is 7716.9% above this industry median. Based on the distribution chart, JSW Holdings ranks #542 out of 550 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, JSW Holdings has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Holdings' PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, JSW Holdings ranks #542 out of 550 companies for PS Ratio. This places JSW Holdings in the lower half of its industry. The industry median PS Ratio is 0.89. JSW Holdings' value of 69.57 is 7716.9% above this benchmark. Historically, JSW Holdings' own PS Ratio has ranged from 10.21 to 210.50 over the past decade. While the company's 10-year median is 30.69 vs. the industry median of 0.89, JSW Holdings 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 Conglomerates company?
The median PS Ratio among Conglomerates companies is 0.89, based on 550 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. JSW Holdings's current PS Ratio of 69.57 is 7716.9% 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 JSW Holdings and its competitors. For the Conglomerates industry, the median PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Holdings's current PS Ratio is 69.57, which is 127% above median its own 10-year median of 30.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Holdings stock overvalued right now?
Based on GuruFocus' analysis, JSW Holdings (NSE:JSWHL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹9,946.17, compared to a current price of ₹11,248.00 — trading 13.1% above its estimated fair value. The current PS Ratio is 69.57, which is 127% above median its 10-year median of 30.69 and 7716.9% above the Conglomerates industry median of 0.89. JSW Holdings' overall GF Score™ is 79/100 with 5 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 JSW Holdings (NSE:JSWHL), the current PS Ratio is 69.57 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 JSW Holdings (NSE:JSWHL) Overvalued in 2026?

Based on GuruFocus' analysis, JSW Holdings stock appears to be overvalued. The current stock price of ₹11,248.00 is trading 13.1% above its estimated GF Value™ of ₹9,946.17. GuruFocus considers JSW Holdings to be Modestly Overvalued.

Key valuation signals for NSE:JSWHL:

  • PS Ratio: 69.57 (127% above median its 10-year median of 30.69)
  • GF Value™: ₹9,946.17 vs. price of ₹11,248.00 (13.1% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 7716.9% above the Conglomerates median (#542 of 550)

No single metric tells the full story. See the NSE:JSWHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JSW Holdings Business Description

Other Exchanges 532642:India
Address JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
JSW Holdings Ltd is a conglomerate company with businesses in steel, energy, infrastructure, and cement. Its primary business segment is Investing and Financing. It derives revenue from Interest Income, Dividend Income, and Pledge Fees. Product offering under Steel includes Hot Rolled, Cold Rolled, Color Coated Products, Galvanized, Galvalume, Avante Steel Doors, and Light Steel Building solutions. The infrastructure business develops seaports and terminals, shipyards, townships, port-based special economic zone, industrial clusters, and last-mile connectivity projects.
79GF Score

Get the complete analysis for NSE:JSWHL

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹11,248.00
Price
₹9,946.17
GF Value