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NTC IndustriesNSE:NTCIND +0.62%63 PS Ratio is 1.75 as of Sep. 21, 2026, which is 27% below its 10-year median of 2.39. GuruFocus rates NSE:NTCIND with a GF Score™ of 63/100 and a GF Value™ of ₹261.43 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 45 Tobacco Products companies, NTC Industries ranks worse than 51.11% 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, NTC Industries's share price is ₹132.85.
NTC Industries's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was ₹75.85. Hence, NTC Industries's PS Ratio for today is 1.75.
Good Sign:
NTC Industries Ltd stock PS Ratio (=1.96) is close to 3-year low of 1.91.
The historical rank and industry rank for NTC Industries's PS Ratio or its related term are showing as below:
NSE:NTCIND'
s PS Ratio Range Over the Past 10 Years
Min: 0.97 Med: 2.39 Max: 14.33
Current: 1.93
During the past 13 years, NTC Industries's highest PS Ratio was 14.33. The lowest was 0.97. And the median was 2.39.
NSE:NTCIND's PS Ratio is ranked worse than 51.11% of 45
companies
in the Tobacco Products industry
Industry Median: 1.92
vs NSE:NTCIND: 1.93
NTC Industries Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of NTC Industries was 48.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 23.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 21.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 13.40% per year.
During the past 13 years, NTC Industries's highest 3-Year average Revenue per Share Growth Rate was 137.90% per year. The lowest was -25.80% per year. And the median was 7.65% per year.
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.
NTC Industries PS Ratio Related Terms
NTC Industries PS Ratio Historical Data
* Premium members only.
The historical data trend for NTC 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 Tobacco subindustry, NTC 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.
NTC Industries PS Ratio vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, NTC Industries's PS Ratio distribution charts can be found below:
* The bar in red indicates where NTC 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.
NTC Industries's Share Price of today is ₹132.85. NTC Industries's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹75.85.
* 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:
NTC Industries (NSE:NTCIND) has a PS Ratio of 1.75 as of Sep. 21, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on NTC Industries and its competitors. This is 27% below median its historical median of 2.39. Over the past decade, NTC Industries' PS Ratio has ranged from 0.97 to 14.33. According to the industry distribution chart, NTC Industries ranks #23 out of 45 companies in the Tobacco Products industry, placing it in the top 51.1%.
Is NTC Industries' PS Ratio too high?
NTC Industries' current PS Ratio of 1.75 is 27% below median its 10-year median of 2.39. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 14.33. The Tobacco Products industry median PS Ratio is 1.92. NTC Industries' value of 1.75 is 8.9% below this industry median. Based on the distribution chart, NTC Industries ranks #23 out of 45 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, NTC Industries has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NTC Industries' PS Ratio compare to PM and MO?
According to the Tobacco Products industry distribution chart, NTC Industries ranks #23 out of 45 companies for PS Ratio. This places NTC Industries in the lower half of its industry. The industry median PS Ratio is 1.92. NTC Industries' value of 1.75 is 8.9% below this benchmark. Historically, NTC Industries' own PS Ratio has ranged from 0.97 to 14.33 over the past decade. While the company's 10-year median is 2.39 vs. the industry median of 1.92, NTC Industries has consistently been below 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 Tobacco Products company?
The median PS Ratio among Tobacco Products companies is 1.92, based on 45 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. NTC Industries's current PS Ratio of 1.75 is 8.9% below 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 NTC Industries and its competitors. For the Tobacco Products industry, the median PS Ratio is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTC Industries's current PS Ratio is 1.75, which is 27% below median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTC Industries stock overvalued right now?
Based on GuruFocus' analysis, NTC Industries (NSE:NTCIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹261.43, compared to a current price of ₹132.85 — trading 49.2% below its estimated fair value. The current PS Ratio is 1.75, which is 27% below median its 10-year median of 2.39 and 8.9% below the Tobacco Products industry median of 1.92. NTC Industries' overall GF Score™ is 63/100 with 7 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 NTC Industries (NSE:NTCIND), the current PS Ratio is 1.75 as of Sep. 21, 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 NTC Industries (NSE:NTCIND) Overvalued in 2026?
Based on GuruFocus' analysis, NTC Industries stock appears to be undervalued.
The current stock price of ₹132.85 is trading 49.2% below its estimated GF Value™ of ₹261.43.
GuruFocus considers NTC Industries to be Possible Value Trap.
Key valuation signals for NSE:NTCIND:
PS Ratio: 1.75 (27% below median its 10-year median of 2.39)
GF Value™: ₹261.43 vs. price of ₹132.85 (49.2% below fair value)
Industry Position: 8.9% below the Tobacco Products median (#23 of 45)
No single metric tells the full story. See the NSE:NTCIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NTC Industries Ltd engages in the manufacture of cigarettes and tobacco products. It offers filters, mentholated cigarettes, smoking mixtures, and pipe tobacco. Its products are marketed under the following brands: Royal king Golden king-size, DOS NTC, Elpatron, MayPole, and Jaipur. The company has a presence in southern America, African, and Middle Eastern countries. The company generates revenue from rental income, the sale of cylinder, and FMCG - Cigarettes, where the majority is being generated from the sale of Cigarettes. Geographically the company generates the majority of its revenue from India.
63GF Score
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