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Lumax IndustriesNSE:LUMAXIND -1.85%83 PS Ratio is 1.19 as of Jul. 17, 2026, which is 38% above its 10-year median of 0.86. GuruFocus rates NSE:LUMAXIND with a GF Score™ of 83/100 and a GF Value™ of ₹4,380.70 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,317 Vehicles & Parts companies, Lumax Industries ranks worse than 61.2% 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, Lumax Industries's share price is ₹5318.00.
Lumax Industries's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4,476.11. Hence, Lumax Industries's PS Ratio for today is 1.19.
The historical rank and industry rank for Lumax Industries's PS Ratio or its related term are showing as below:
NSE:LUMAXIND'
s PS Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.86 Max: 1.47
Current: 1.18
During the past 13 years, Lumax Industries's highest PS Ratio was 1.47. The lowest was 0.47. And the median was 0.86.
NSE:LUMAXIND's PS Ratio is ranked worse than 61.2% of 1317
companies
in the Vehicles & Parts industry
Industry Median: 0.81
vs NSE:LUMAXIND: 1.18
Lumax Industries Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Lumax Industries was 23.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 21.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 23.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 11.40% per year.
During the past 13 years, Lumax Industries's highest 3-Year average Revenue per Share Growth Rate was 24.80% per year. The lowest was -4.80% per year. And the median was 13.00% per year.
Back to Basics: PS Ratio
Lumax Industries (NSE:LUMAXIND) 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.
Lumax Industries PS Ratio Related Terms
Lumax Industries PS Ratio Historical Data
* Premium members only.
The historical data trend for Lumax Industries'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 Auto Parts subindustry, Lumax Industries'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.
Lumax Industries PS Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Lumax Industries's PS Ratio distribution charts can be found below:
* The bar in red indicates where Lumax Industries'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.
Lumax Industries's Share Price of today is ₹5318.00. Lumax Industries'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 ₹4,476.11.
* 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:
Lumax Industries (NSE:LUMAXIND) has a PS Ratio of 1.19 as of Jul. 17, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Lumax Industries and its competitors. This is 38% above median its historical median of 0.86. Over the past decade, Lumax Industries' PS Ratio has ranged from 0.47 to 1.47. According to the industry distribution chart, Lumax Industries ranks #806 out of 1317 companies in the Vehicles & Parts industry, placing it in the top 61.2%.
Is Lumax Industries' PS Ratio too high?
Lumax Industries' current PS Ratio of 1.19 is 38% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.47. The Vehicles & Parts industry median PS Ratio is 0.81. Lumax Industries' value of 1.19 is 46.9% above this industry median. Based on the distribution chart, Lumax Industries ranks #806 out of 1317 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Lumax Industries has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lumax Industries' PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Lumax Industries ranks #806 out of 1317 companies for PS Ratio. This places Lumax Industries in the lower half of its industry. The industry median PS Ratio is 0.81. Lumax Industries' value of 1.19 is 46.9% above this benchmark. Historically, Lumax Industries' own PS Ratio has ranged from 0.47 to 1.47 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.81, Lumax Industries 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 Vehicles & Parts company?
The median PS Ratio among Vehicles & Parts companies is 0.81, based on 1,317 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. Lumax Industries's current PS Ratio of 1.19 is 46.9% 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 Lumax Industries and its competitors. For the Vehicles & Parts industry, the median PS Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lumax Industries's current PS Ratio is 1.19, which is 38% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumax Industries stock overvalued right now?
Based on GuruFocus' analysis, Lumax Industries (NSE:LUMAXIND) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹4,380.70, compared to a current price of ₹5,318.00 — trading 21.4% above its estimated fair value. The current PS Ratio is 1.19, which is 38% above median its 10-year median of 0.86 and 46.9% above the Vehicles & Parts industry median of 0.81. Lumax Industries' overall GF Score™ is 83/100 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 Lumax Industries (NSE:LUMAXIND), the current PS Ratio is 1.19 as of Jul. 17, 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 Lumax Industries (NSE:LUMAXIND) Overvalued in 2026?
Based on GuruFocus' analysis, Lumax Industries stock appears to be overvalued.
The current stock price of ₹5,318.00 is trading 21.4% above its estimated GF Value™ of ₹4,380.70.
GuruFocus considers Lumax Industries to be Modestly Overvalued.
Key valuation signals for NSE:LUMAXIND:
PS Ratio: 1.19 (38% above median its 10-year median of 0.86)
GF Value™: ₹4,380.70 vs. price of ₹5,318.00 (21.4% above fair value)
Industry Position: 46.9% above the Vehicles & Parts median (#806 of 1317)
No single metric tells the full story. See the NSE:LUMAXIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lumax Industries Ltd is engaged in the business of manufacturing various types of Automotive lighting equipment for four-wheelers and two-wheeler applications in India. The Company's business activity falls within a single business segment, which is the manufacturing and trading of Automotive Components. It provides automotive lighting equipment that includes head lamps, tail lamps, sundry lamps, and auxiliary lamps. Geographically, the company caters its services to the domestic and overseas markets, of which a majority of revenue is derived within India.
83GF Score
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