HEG
|
The Current P/S Ratio of HEG is 1.71.
| Share Price | ₹234.0 | Oct 05,2026 |
| Market Cap | ₹4,515.2 Cr | |
| Sales-TTM | ₹2,639.6 Cr | TTM-Consolidated Results |
| Price/Sales | 1.71x | Calculated as Market Cap/Sales |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PS (Price/Sales) ratio of HEG
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹4,515.2 Cr] as on Oct 05,2026
(/) Sales [ ₹2,639.6 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.71x ]
Thus, for HEG , the investors are currently willing to pay '1.71 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of HEG !
The chart below summarizes the trend in P/S Ratio of HEG over the last five years.
Historical PS (Price/Sales) ratio chart of HEG
PS Ratio Performance Analysis for HEG
- HEG 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 3.05x.
- HEG 's operated at median p/e ratio of 2.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HEG 's p/e ratio peaked in Mar2025 at 4.34x.
- HEG 's p/e ratio hit its five-year low in Mar2023 of 1.44x.
How does HEG 's P/S Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?
| Peer Comparison (Electrodes & Welding Equipment Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
|---|---|---|---|
| HEG | 2,639.6 | 1.71 | 4,515.2 |
| GRAPHITE INDIA LTD | 3,029.0 | 5.26 | 15,945.6 |
| ESAB INDIA LTD | 1,577.3 | 5.38 | 8,488.7 |
| ADOR WELDING LTD | 1,197.6 | 2.21 | 2,643.9 |
| DIFFUSION ENGINEERS LTD | 436.1 | 3.87 | 1,689.6 |
| GEE LTD | 392.8 | 1.63 | 641.7 |
| DE NORA INDIA LTD | 114.9 | 3.37 | 387.3 |
| D&H INDIA LTD | 265.8 | 0.76 | 201.7 |
| PANASONIC CARBON INDIA COMPANY LTD | 50.0 | 3.79 | 189.6 |
Electrodes & Welding Equipment Industry Benchmark (Top 10) PS Analysis vs HEG 's P/S Ratio
| Top 10 Industry Peers | PS Ratio |
|---|---|
| Min industry PS | 0.76x |
| Max industry PS | 5.38x |
| Median industry PS | 3.37x |
| Average industry PS | 3.11x |
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