Solex Energy (NSE:SOLEX) PS Ratio: 0.79 (As of Jul. 09, 2026) — 71% Below Median


NSE:SOLEX Solex Energy Ltd NSE:SOLEX
83 GF Score
Price ₹998.00
GF Value ₹3,988.10
Valuation Possible Value Trap
! 3 Warning Signs
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What is Solex Energy PS Ratio?

Solex Energy NSE:SOLEX -0.80% 83 PS Ratio is 0.79 as of Jul. 09, 2026, which is 71% below its 10-year median of 2.72. GuruFocus rates NSE:SOLEX with a GF Score™ of 83/100 and a GF Value™ of ₹3,988.10 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,019 Semiconductors companies, Solex Energy ranks better than 85.38% 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, Solex Energy's share price is ₹998.00. Solex Energy's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,257.75. Hence, Solex Energy's PS Ratio for today is 0.79.

Good Sign:

Solex Energy Ltd stock PS Ratio (=0.71) is close to 2-year low of 0.71.

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

NSE:SOLEX' s PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 2.72   Max: 13.97
Current: 0.79

During the past 12 years, Solex Energy's highest PS Ratio was 13.97. The lowest was 0.79. And the median was 2.72.

NSE:SOLEX's PS Ratio is ranked better than
85.38% of 1019 companies
in the Semiconductors industry
Industry Median: 4.27 vs NSE:SOLEX: 0.79

Solex Energy's Revenue per Sharefor the three months ended in Mar. 2026 was ₹819.79. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,257.75.

Good Sign:

Solex Energy Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Solex Energy was 134.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 110.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 75.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 26.60% per year.

During the past 12 years, Solex Energy's highest 3-Year average Revenue per Share Growth Rate was 152.00% per year. The lowest was -32.40% per year. And the median was 52.60% per year.

Back to Basics: PS Ratio


Solex Energy  (NSE:SOLEX) 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.


Solex Energy PS Ratio Related Terms


Solex Energy PS Ratio Historical Data

* Premium members only.

The historical data trend for Solex Energy'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.

Solex Energy PS Ratio Chart

Solex Energy 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 1.23 2.12 1.42 0.99 0.62

Solex Energy Quarterly Data
Jul17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 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 5.57 0.99 3.34 1.84 0.62

NSE:SOLEX vs FSLR, NXT, ENPH: PS Ratio Comparison

For the Solar subindustry, Solex Energy'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.


Solex Energy PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solex Energy's PS Ratio distribution charts can be found below:

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


NSE:SOLEX
83GF Score
Solex Energy Ltd NSE:SOLEX
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solex Energy 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.

Solex Energy's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=998.00/1257.753
=0.79

Solex Energy's Share Price of today is ₹998.00.
Solex Energy'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 ₹1,257.75.

* 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 0.79 mean?
Solex Energy (NSE:SOLEX) has a PS Ratio of 0.79 as of Jul. 09, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Solex Energy and its competitors. This is 71% below median its historical median of 2.72. Over the past decade, Solex Energy's PS Ratio has ranged from 0.79 to 13.97. According to the industry distribution chart, Solex Energy ranks #149 out of 1019 companies in the Semiconductors industry, placing it in the top 14.6%.
Is Solex Energy's PS Ratio too high?
Solex Energy's current PS Ratio of 0.79 is 71% below median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 13.97. The Semiconductors industry median PS Ratio is 4.27. Solex Energy's value of 0.79 is 81.5% below this industry median. Based on the distribution chart, Solex Energy ranks #149 out of 1019 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Solex Energy has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solex Energy's PS Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solex Energy ranks #149 out of 1019 companies for PS Ratio. This places Solex Energy in the top 15% of its industry — outperforming the majority of peers. The industry median PS Ratio is 4.27. Solex Energy's value of 0.79 is 81.5% below this benchmark. Historically, Solex Energy's own PS Ratio has ranged from 0.79 to 13.97 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 4.27, Solex Energy 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 Semiconductors company?
The median PS Ratio among Semiconductors companies is 4.27, based on 1,019 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. Solex Energy's current PS Ratio of 0.79 is 81.5% 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 Solex Energy and its competitors. For the Semiconductors industry, the median PS Ratio is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solex Energy's current PS Ratio is 0.79, which is 71% below median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solex Energy stock overvalued right now?
Based on GuruFocus' analysis, Solex Energy (NSE:SOLEX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹3,988.10, compared to a current price of ₹998.00 — trading 75% below its estimated fair value. The current PS Ratio is 0.79, which is 71% below median its 10-year median of 2.72 and 81.5% below the Semiconductors industry median of 4.27. Solex Energy's 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 Solex Energy (NSE:SOLEX), the current PS Ratio is 0.79 as of Jul. 09, 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 Solex Energy (NSE:SOLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Solex Energy stock appears to be undervalued. The current stock price of ₹998.00 is trading 75% below its estimated GF Value™ of ₹3,988.10. GuruFocus considers Solex Energy to be Possible Value Trap.

Key valuation signals for NSE:SOLEX:

  • PS Ratio: 0.79 (71% below median its 10-year median of 2.72)
  • GF Value™: ₹3,988.10 vs. price of ₹998.00 (75% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 81.5% below the Semiconductors median (#149 of 1019)

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


Solex Energy Business Description

Address Opposite R.T.O Pal, 8th Floor, 801-812, Rio Empire, Surat, GJ, IND, 395009
Solex Energy Ltd is a manufacturer of solar photovoltaic modules and is also engaged in the business of Engineering, Procurement, and Construction (EPC) in the solar energy market, where the manufactured modules are utilized. Its products are Tapi R, Tapi Trans, Tapi Series, Tapi Black, and Ganga.
83GF Score

Get the complete analysis for NSE:SOLEX

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

₹998.00
Price
₹3,988.10
GF Value