Multi Commodity Exchange of India (NSE:MCX) PS Ratio: 30.42 (As of Jul. 19, 2026) — 39% Above Median

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NSE:MCX Multi Commodity Exchange of India Ltd NSE:MCX
97 GF Score
Price ₹2,747.50
GF Value ₹3,356.83
Valuation Modestly Undervalued
View Full Analysis

What is Multi Commodity Exchange of India PS Ratio?

Multi Commodity Exchange of India NSE:MCX -2.42% 97 PS Ratio is 30.42 as of Jul. 19, 2026, which is 39% above its 10-year median of 21.82. GuruFocus rates NSE:MCX with a GF Score™ of 97/100 and a GF Value™ of ₹3,356.83 (Modestly Undervalued). Among 760 Capital Markets companies, Multi Commodity Exchange of India ranks worse than 90.66% 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, Multi Commodity Exchange of India's share price is ₹2747.50. Multi Commodity Exchange of India's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹90.33. Hence, Multi Commodity Exchange of India's PS Ratio for today is 30.42.

The historical rank and industry rank for Multi Commodity Exchange of India's PS Ratio or its related term are showing as below:

NSE:MCX' s PS Ratio Range Over the Past 10 Years
Min: 11.66   Med: 21.82   Max: 87.36
Current: 30.42

During the past 13 years, Multi Commodity Exchange of India's highest PS Ratio was 87.36. The lowest was 11.66. And the median was 21.82.

NSE:MCX's PS Ratio is ranked worse than
90.66% of 760 companies
in the Capital Markets industry
Industry Median: 4.105 vs NSE:MCX: 30.42

Multi Commodity Exchange of India's Revenue per Sharefor the three months ended in Mar. 2026 was ₹34.87. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹90.33.

Good Sign:

Multi Commodity Exchange of India Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Multi Commodity Exchange of India was 106.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 72.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 46.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 19.90% per year.

During the past 13 years, Multi Commodity Exchange of India's highest 3-Year average Revenue per Share Growth Rate was 72.60% per year. The lowest was -21.20% per year. And the median was 10.40% per year.

Back to Basics: PS Ratio


Multi Commodity Exchange of India  (NSE:MCX) 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.


Multi Commodity Exchange of India PS Ratio Related Terms


Multi Commodity Exchange of India PS Ratio Historical Data

* Premium members only.

The historical data trend for Multi Commodity Exchange of India'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.

Multi Commodity Exchange of India PS Ratio Chart

Multi Commodity Exchange of India 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 21.88 17.28 29.27 24.35 26.47

Multi Commodity Exchange of India 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 24.35 36.44 29.66 33.30 26.47

NSE:MCX vs SPGI, CME, MCO: PS Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Multi Commodity Exchange of India'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.


Multi Commodity Exchange of India PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Multi Commodity Exchange of India's PS Ratio distribution charts can be found below:

* The bar in red indicates where Multi Commodity Exchange of India's PS Ratio falls into.


NSE:MCX
97GF Score
Multi Commodity Exchange of India Ltd NSE:MCX
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Multi Commodity Exchange of India 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.

Multi Commodity Exchange of India's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=2747.50/90.332
=30.42

Multi Commodity Exchange of India's Share Price of today is ₹2747.50.
Multi Commodity Exchange of India'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 ₹90.33.

* 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 30.42 mean?
Multi Commodity Exchange of India (NSE:MCX) has a PS Ratio of 30.42 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 Multi Commodity Exchange of India and its competitors. This is 39% above median its historical median of 21.82. Over the past decade, Multi Commodity Exchange of India's PS Ratio has ranged from 11.66 to 87.36. According to the industry distribution chart, Multi Commodity Exchange of India ranks #689 out of 760 companies in the Capital Markets industry, placing it in the top 90.7%.
Is Multi Commodity Exchange of India's PS Ratio too high?
Multi Commodity Exchange of India's current PS Ratio of 30.42 is 39% above median its 10-year median of 21.82. Over the past 10 years, this metric has ranged from a low of 11.66 to a high of 87.36. The Capital Markets industry median PS Ratio is 4.11. Multi Commodity Exchange of India's value of 30.42 is 641% above this industry median. Based on the distribution chart, Multi Commodity Exchange of India ranks #689 out of 760 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Multi Commodity Exchange of India has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Multi Commodity Exchange of India's PS Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Multi Commodity Exchange of India ranks #689 out of 760 companies for PS Ratio. This places Multi Commodity Exchange of India in the lower half of its industry. The industry median PS Ratio is 4.11. Multi Commodity Exchange of India's value of 30.42 is 641% above this benchmark. Historically, Multi Commodity Exchange of India's own PS Ratio has ranged from 11.66 to 87.36 over the past decade. While the company's 10-year median is 21.82 vs. the industry median of 4.11, Multi Commodity Exchange of India 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 Capital Markets company?
The median PS Ratio among Capital Markets companies is 4.11, based on 760 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. Multi Commodity Exchange of India's current PS Ratio of 30.42 is 641% 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 Multi Commodity Exchange of India and its competitors. For the Capital Markets industry, the median PS Ratio is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multi Commodity Exchange of India's current PS Ratio is 30.42, which is 39% above median its own 10-year median of 21.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi Commodity Exchange of India stock overvalued right now?
Based on GuruFocus' analysis, Multi Commodity Exchange of India (NSE:MCX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,356.83, compared to a current price of ₹2,747.50 — trading 18.2% below its estimated fair value. The current PS Ratio is 30.42, which is 39% above median its 10-year median of 21.82 and 641% above the Capital Markets industry median of 4.11. Multi Commodity Exchange of India's overall GF Score™ is 97/100. 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 Multi Commodity Exchange of India (NSE:MCX), the current PS Ratio is 30.42 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 Multi Commodity Exchange of India (NSE:MCX) Overvalued in 2026?

Based on GuruFocus' analysis, Multi Commodity Exchange of India stock appears to be undervalued. The current stock price of ₹2,747.50 is trading 18.2% below its estimated GF Value™ of ₹3,356.83. GuruFocus considers Multi Commodity Exchange of India to be Modestly Undervalued.

Key valuation signals for NSE:MCX:

  • PS Ratio: 30.42 (39% above median its 10-year median of 21.82)
  • GF Value™: ₹3,356.83 vs. price of ₹2,747.50 (18.2% below fair value)
  • GF Score™: 97/100
  • Industry Position: 641% above the Capital Markets median (#689 of 760)

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


Multi Commodity Exchange of India Business Description

Other Exchanges 534091:India
Address Suren Road, Exchange Square, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Multi Commodity Exchange of India Ltd is an India-based deemed Stock Exchange recognized under the Securities Contracts (Regulation) Act, 1956. The company facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The company is a demutualized Exchange and has permanent recognition from the Government of India to facilitate nationwide online trading, clearing, and settlement operations of commodity derivatives. The company derives its revenues from transaction fees, admission fees, annual subscription fees, terminal charges, connectivity income, interest income, dividends from and gains on the sale of investments and other miscellaneous income.
97GF Score

Get the complete analysis for NSE:MCX

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

₹2,747.50
Price
₹3,356.83
GF Value