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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, Mazagon Dock Shipbuilders's share price is ₹2307.40.
Mazagon Dock Shipbuilders's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹322.45. Hence, Mazagon Dock Shipbuilders's PS Ratio for today is 7.16.
Good Sign:
Mazagon Dock Shipbuilders Ltd stock PS Ratio (=7.28) is close to 2-year low of 7.02.
The historical rank and industry rank for Mazagon Dock Shipbuilders's PS Ratio or its related term are showing as below:
NSE:MAZDOCK'
s PS Ratio Range Over the Past 10 Years
Min: 0.74 Med: 4.91 Max: 12.44
Current: 7.16
During the past 10 years, Mazagon Dock Shipbuilders's highest PS Ratio was 12.44. The lowest was 0.74. And the median was 4.91.
NSE:MAZDOCK's PS Ratio is ranked worse than 69.83% of 348
companies
in the Aerospace & Defense industry
Industry Median: 3.575
vs NSE:MAZDOCK: 7.16
During the past 10 years, Mazagon Dock Shipbuilders's highest 3-Year average Revenue per Share Growth Rate was 30.90% per year. The lowest was -3.30% per year. And the median was 15.70% per year.
Back to Basics: PS Ratio
Mazagon Dock Shipbuilders (NSE:MAZDOCK) 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.
Mazagon Dock Shipbuilders PS Ratio Related Terms
Mazagon Dock Shipbuilders 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 Aerospace & Defense subindustry, Mazagon Dock Shipbuilders'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.
Mazagon Dock Shipbuilders PS Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Mazagon Dock Shipbuilders's PS Ratio distribution charts can be found below:
* The bar in red indicates where Mazagon Dock Shipbuilders'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.
Mazagon Dock Shipbuilders's Share Price of today is ₹2307.40. Mazagon Dock Shipbuilders'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 ₹322.45.
* 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:
Mazagon Dock Shipbuilders (NSE:MAZDOCK) has a PS Ratio of 7.16 as of Jul. 23, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Mazagon Dock Shipbuilders and its competitors. This is 46% above median its historical median of 4.91. Over the past decade, Mazagon Dock Shipbuilders' PS Ratio has ranged from 0.74 to 12.44. According to the industry distribution chart, Mazagon Dock Shipbuilders ranks #243 out of 348 companies in the Aerospace & Defense industry, placing it in the top 69.8%.
Is Mazagon Dock Shipbuilders' PS Ratio too high?
Mazagon Dock Shipbuilders' current PS Ratio of 7.16 is 46% above median its 10-year median of 4.91. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 12.44. The Aerospace & Defense industry median PS Ratio is 3.58. Mazagon Dock Shipbuilders' value of 7.16 is 100.3% above this industry median. Based on the distribution chart, Mazagon Dock Shipbuilders ranks #243 out of 348 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Mazagon Dock Shipbuilders has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mazagon Dock Shipbuilders' PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Mazagon Dock Shipbuilders ranks #243 out of 348 companies for PS Ratio. This places Mazagon Dock Shipbuilders in the lower half of its industry. The industry median PS Ratio is 3.58. Mazagon Dock Shipbuilders' value of 7.16 is 100.3% above this benchmark. Historically, Mazagon Dock Shipbuilders' own PS Ratio has ranged from 0.74 to 12.44 over the past decade. While the company's 10-year median is 4.91 vs. the industry median of 3.58, Mazagon Dock Shipbuilders 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 Aerospace & Defense company?
The median PS Ratio among Aerospace & Defense companies is 3.58, based on 348 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. Mazagon Dock Shipbuilders's current PS Ratio of 7.16 is 100.3% 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 Mazagon Dock Shipbuilders and its competitors. For the Aerospace & Defense industry, the median PS Ratio is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mazagon Dock Shipbuilders's current PS Ratio is 7.16, which is 46% above median its own 10-year median of 4.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazagon Dock Shipbuilders stock overvalued right now?
Based on GuruFocus' analysis, Mazagon Dock Shipbuilders (NSE:MAZDOCK) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,817.24, compared to a current price of ₹2,307.40 — trading 18.1% below its estimated fair value. The current PS Ratio is 7.16, which is 46% above median its 10-year median of 4.91 and 100.3% above the Aerospace & Defense industry median of 3.58. Mazagon Dock Shipbuilders' overall GF Score™ is 93/100 with 2 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 Mazagon Dock Shipbuilders (NSE:MAZDOCK), the current PS Ratio is 7.16 as of Jul. 23, 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 Mazagon Dock Shipbuilders (NSE:MAZDOCK) Overvalued in 2026?
Based on GuruFocus' analysis, Mazagon Dock Shipbuilders stock appears to be undervalued.
The current stock price of ₹2,307.40 is trading 18.1% below its estimated GF Value™ of ₹2,817.24.
GuruFocus considers Mazagon Dock Shipbuilders to be Modestly Undervalued.
Key valuation signals for NSE:MAZDOCK:
PS Ratio: 7.16 (46% above median its 10-year median of 4.91)
GF Value™: ₹2,817.24 vs. price of ₹2,307.40 (18.1% below fair value)
Industry Position: 100.3% above the Aerospace & Defense median (#243 of 348)
No single metric tells the full story. See the NSE:MAZDOCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mazagon Dock Shipbuilders Ltd is a defense public sector undertaking shipyard under the Ministry of Defence. The company is engaged in building and repairing ships, submarines, various types of vessels, and related engineering products for its customers. The company's activities are the construction of warships, ferries, tugs, dredgers, barges, submarines, merchant ships, etc., with facilities situated in Mumbai and Nhava. It also offers ship designing, ship repairs and refit, tug support, and other related services. The company is organized into two segments: Shipbuilding and Submarine (New Construction and Repairs) and others.
93GF Score
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