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, Spandana Sphoorty Financial's share price is ₹305.85.
Spandana Sphoorty Financial's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹124.58. Hence, Spandana Sphoorty Financial's PS Ratio for today is 2.46.
Warning Sign:
Spandana Sphoorty Financial Ltd stock PS Ratio (=2.41) is close to 2-year high of 2.43.
The historical rank and industry rank for Spandana Sphoorty Financial's PS Ratio or its related term are showing as below:
NSE:SPANDANA'
s PS Ratio Range Over the Past 10 Years
Min: 0.68 Med: 2.75 Max: 7.18
Current: 2.35
During the past 12 years, Spandana Sphoorty Financial's highest PS Ratio was 7.18. The lowest was 0.68. And the median was 2.75.
NSE:SPANDANA's PS Ratio is ranked better than 57.97% of 521
companies
in the Credit Services industry
Industry Median: 2.92
vs NSE:SPANDANA: 2.35
Spandana Sphoorty Financial Ltd revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Spandana Sphoorty Financial was -59.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -9.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -1.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 14.00% per year.
During the past 12 years, Spandana Sphoorty Financial's highest 3-Year average Revenue per Share Growth Rate was 47.70% per year. The lowest was -9.60% per year. And the median was 14.80% per year.
Back to Basics: PS Ratio
Spandana Sphoorty Financial (NSE:SPANDANA) 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.
Spandana Sphoorty Financial PS Ratio Related Terms
Spandana Sphoorty Financial 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 Credit Services subindustry, Spandana Sphoorty Financial'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.
Spandana Sphoorty Financial PS Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Spandana Sphoorty Financial's PS Ratio distribution charts can be found below:
* The bar in red indicates where Spandana Sphoorty Financial'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.
Spandana Sphoorty Financial's Share Price of today is ₹305.85. Spandana Sphoorty Financial'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 ₹124.58.
* 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:
Spandana Sphoorty Financial (NSE:SPANDANA) has a PS Ratio of 2.46 as of Jul. 11, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Spandana Sphoorty Financial and its competitors. This is 11% below median its historical median of 2.75. Over the past decade, Spandana Sphoorty Financial's PS Ratio has ranged from 0.68 to 7.18. According to the industry distribution chart, Spandana Sphoorty Financial ranks #219 out of 521 companies in the Credit Services industry, placing it in the top 42%.
Is Spandana Sphoorty Financial's PS Ratio too high?
Spandana Sphoorty Financial's current PS Ratio of 2.46 is 11% below median its 10-year median of 2.75. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 7.18. The Credit Services industry median PS Ratio is 2.92. Spandana Sphoorty Financial's value of 2.46 is 15.8% below this industry median. Based on the distribution chart, Spandana Sphoorty Financial ranks #219 out of 521 companies in the Credit Services industry, which is above the industry midpoint. Overall, Spandana Sphoorty Financial has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spandana Sphoorty Financial's PS Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Spandana Sphoorty Financial ranks #219 out of 521 companies for PS Ratio. This puts Spandana Sphoorty Financial in the upper half of its industry. The industry median PS Ratio is 2.92. Spandana Sphoorty Financial's value of 2.46 is 15.8% below this benchmark. Historically, Spandana Sphoorty Financial's own PS Ratio has ranged from 0.68 to 7.18 over the past decade. While the company's 10-year median is 2.75 vs. the industry median of 2.92, Spandana Sphoorty Financial 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 Credit Services company?
The median PS Ratio among Credit Services companies is 2.92, based on 521 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. Spandana Sphoorty Financial's current PS Ratio of 2.46 is 15.8% 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 Spandana Sphoorty Financial and its competitors. For the Credit Services industry, the median PS Ratio is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spandana Sphoorty Financial's current PS Ratio is 2.46, which is 11% below median its own 10-year median of 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spandana Sphoorty Financial stock overvalued right now?
Based on GuruFocus' analysis, Spandana Sphoorty Financial (NSE:SPANDANA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹221.25, compared to a current price of ₹305.85 — trading 38.2% above its estimated fair value. The current PS Ratio is 2.46, which is 11% below median its 10-year median of 2.75 and 15.8% below the Credit Services industry median of 2.92. Spandana Sphoorty Financial's overall GF Score™ is 64/100 with 8 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 Spandana Sphoorty Financial (NSE:SPANDANA), the current PS Ratio is 2.46 as of Jul. 11, 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 Spandana Sphoorty Financial (NSE:SPANDANA) Overvalued in 2026?
Based on GuruFocus' analysis, Spandana Sphoorty Financial stock appears to be overvalued.
The current stock price of ₹305.85 is trading 38.2% above its estimated GF Value™ of ₹221.25.
GuruFocus considers Spandana Sphoorty Financial to be Significantly Overvalued.
Key valuation signals for NSE:SPANDANA:
PS Ratio: 2.46 (11% below median its 10-year median of 2.75)
GF Value™: ₹221.25 vs. price of ₹305.85 (38.2% above fair value)
Industry Position: 15.8% below the Credit Services median (#219 of 521)
No single metric tells the full story. See the NSE:SPANDANA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spandana Sphoorty Financial Ltd is a rural-focused nonbanking financial company (NBFC) and microfinance institution (MFI) with an extensive footprint across India. Its primary objective is to provide incomegenerating loans through the joint liability group (JLG) model, focusing on supporting women from low-income rural and semi-urban households. The group is also expanding to Loan Against Property (LAP) and Nano loans through subsidiary. It has a single business segment which is financing. The company operates in India and generates key revenue from giving loans.
64GF Score
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