Home > PS Ratio > HEG

HEG
PS (Price/Sales) Ratio

The Current P/S Ratio of HEG is 1.71.

Share Price ₹234.0Oct 05,2026
Market Cap ₹4,515.2 Cr
Sales-TTM₹2,639.6 CrTTM-Consolidated Results
Price/Sales1.71xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for HEG
Please provide your vote to see the results
HEG is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of HEG

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of HEG is calculated as :

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 ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

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 latest p/e ratio is 1.71x.

- 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 RatioMarket Cap (Cr)
HEG 2,639.61.714,515.2
GRAPHITE INDIA LTD3,029.05.2615,945.6
ESAB INDIA LTD1,577.35.388,488.7
ADOR WELDING LTD1,197.62.212,643.9
DIFFUSION ENGINEERS LTD436.13.871,689.6
GEE LTD392.81.63641.7
DE NORA INDIA LTD114.93.37387.3
D&H INDIA LTD265.80.76201.7
PANASONIC CARBON INDIA COMPANY LTD50.03.79189.6

Electrodes & Welding Equipment Industry Benchmark (Top 10) PS Analysis vs HEG 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.76x
Max industry PS 5.38x
Median industry PS 3.37x
Average industry PS 3.11x



You may also like the below Video Courses