Meesho (NSE:MEESHO) PS Ratio: 12.27 (As of Jul. 12, 2026) — Near Median


NSE:MEESHO Meesho Ltd NSE:MEESHO
22 GF Score
Price ₹194.11
! 2 Warning Signs
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What is Meesho PS Ratio?

Meesho NSE:MEESHO +1.79% 22 PS Ratio is 12.27 as of Jul. 12, 2026, which is 4% above its 10-year median of 11.80. GuruFocus rates NSE:MEESHO with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 1,116 Retail - Cyclical companies, Meesho ranks worse than 97.76% 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, Meesho's share price is ₹194.11. Meesho's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹15.82. Hence, Meesho's PS Ratio for today is 12.27.

Good Sign:

Meesho Ltd stock PS Ratio (=6.71) is close to 1-year low of 6.71.

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

NSE:MEESHO' s PS Ratio Range Over the Past 10 Years
Min: 9.27   Med: 11.8   Max: 19.91
Current: 12.27

During the past 4 years, Meesho's highest PS Ratio was 19.91. The lowest was 9.27. And the median was 11.80.

NSE:MEESHO's PS Ratio is ranked worse than
97.76% of 1116 companies
in the Retail - Cyclical industry
Industry Median: 0.645 vs NSE:MEESHO: 12.27

Meesho's Revenue per Sharefor the three months ended in Mar. 2026 was ₹7.64. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹15.82.

During the past 12 months, the average Revenue per Share Growth Rate of Meesho was 39.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 31.50% per year.

During the past 4 years, Meesho's highest 3-Year average Revenue per Share Growth Rate was 31.50% per year. The lowest was 31.50% per year. And the median was 31.50% per year.

Back to Basics: PS Ratio


Meesho  (NSE:MEESHO) 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.


Meesho PS Ratio Related Terms


Meesho PS Ratio Historical Data

* Premium members only.

The historical data trend for Meesho'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.

Meesho PS Ratio Chart

Meesho Annual Data
Trend Mar23 Mar24 Mar25 Mar26
PS Ratio
0.00 0.00 0.00 4.85

Meesho Quarterly Data
Mar23 Mar24 Dec24 Mar25 Sep25 Dec25 Mar26
PS Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 13.36 4.85

NSE:MEESHO vs AMZN, BABA, PDD: PS Ratio Comparison

For the Internet Retail subindustry, Meesho'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.


Meesho PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meesho's PS Ratio distribution charts can be found below:

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


NSE:MEESHO
22GF Score
Meesho Ltd NSE:MEESHO
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Meesho 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.

Meesho's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=194.11/15.815
=12.27

Meesho's Share Price of today is ₹194.11.
Meesho'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 ₹15.82.

* 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 12.27 mean?
Meesho (NSE:MEESHO) has a PS Ratio of 12.27 as of Jul. 12, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Meesho and its competitors. This is near median its historical median of 11.80. Over the past decade, Meesho's PS Ratio has ranged from 9.27 to 19.91. According to the industry distribution chart, Meesho ranks #1091 out of 1116 companies in the Retail - Cyclical industry, placing it in the top 97.8%.
Is Meesho's PS Ratio too high?
Meesho's current PS Ratio of 12.27 is near median its 10-year median of 11.80. Over the past 10 years, this metric has ranged from a low of 9.27 to a high of 19.91. The Retail - Cyclical industry median PS Ratio is 0.65. Meesho's value of 12.27 is 1802.3% above this industry median. Based on the distribution chart, Meesho ranks #1091 out of 1116 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Meesho has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Meesho's PS Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Meesho ranks #1091 out of 1116 companies for PS Ratio. This places Meesho in the lower half of its industry. The industry median PS Ratio is 0.65. Meesho's value of 12.27 is 1802.3% above this benchmark. Historically, Meesho's own PS Ratio has ranged from 9.27 to 19.91 over the past decade. While the company's 10-year median is 11.80 vs. the industry median of 0.65, Meesho 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 Retail - Cyclical company?
The median PS Ratio among Retail - Cyclical companies is 0.65, based on 1,116 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. Meesho's current PS Ratio of 12.27 is 1802.3% 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 Meesho and its competitors. For the Retail - Cyclical industry, the median PS Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meesho's current PS Ratio is 12.27, which is near median its own 10-year median of 11.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meesho stock overvalued right now?
Meesho (NSE:MEESHO) has a current PS Ratio of 12.27. The current PS Ratio is 12.27, which is near median its 10-year median of 11.80 and 1802.3% above the Retail - Cyclical industry median of 0.65. Meesho's overall GF Score™ is 22/100 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 Meesho (NSE:MEESHO), the current PS Ratio is 12.27 as of Jul. 12, 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.

Meesho Business Description

Other Exchanges 544632:India
Address Outer Ring Road, Varthur Hobli, 3rd Floor, Wing - E Helios Business Park, Kadubeesanahalli Village, Bengaluru, KA, IND, 560 103
Meesho Ltd is a technology platform that integrates commerce, logistics, and content creation to support e-commerce activities under the Meesho brand. The Company also provides digital financial services by facilitating financing arrangements between non-banking financial companies and sellers to support access to credit, and it operates a supply-chain service for the delivery of groceries and other products. The Company operates through the Marketplace segment, which is a technology platform connecting consumers, sellers, logistics partners, and content creators, and the New Initiatives segment, which includes a low-cost local logistics network for daily essentials and a digital financial services platform. The majority of the Company's revenue is generated from the Marketplace segment.
22GF Score

Get the complete analysis for NSE:MEESHO

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

₹194.11
Price