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, Tata Motors Passenger Vehicles's share price is ₹349.70.
Tata Motors Passenger Vehicles's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹950.39. Hence, Tata Motors Passenger Vehicles's PS Ratio for today is 0.37.
Warning Sign:
Tata Motors Passenger Vehicles Ltd stock PS Ratio (=0.39) is close to 1-year high of 0.42.
The historical rank and industry rank for Tata Motors Passenger Vehicles's PS Ratio or its related term are showing as below:
NSE:TMPV'
s PS Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.31 Max: 0.49
Current: 0.36
During the past 13 years, Tata Motors Passenger Vehicles's highest PS Ratio was 0.49. The lowest was 0.04. And the median was 0.31.
NSE:TMPV's PS Ratio is ranked better than 71.29% of 1320
companies
in the Vehicles & Parts industry
Industry Median: 0.81
vs NSE:TMPV: 0.36
During the past 13 years, Tata Motors Passenger Vehicles's highest 3-Year average Revenue per Share Growth Rate was 44.10% per year. The lowest was -7.00% per year. And the median was 13.40% per year.
Back to Basics: PS Ratio
Tata Motors Passenger Vehicles (NSE:TMPV) 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.
Tata Motors Passenger Vehicles PS Ratio Related Terms
Tata Motors Passenger Vehicles 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 Auto Manufacturers subindustry, Tata Motors Passenger Vehicles'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.
Tata Motors Passenger Vehicles PS Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tata Motors Passenger Vehicles's PS Ratio distribution charts can be found below:
* The bar in red indicates where Tata Motors Passenger Vehicles's PS Ratio falls into.
Tata Motors Passenger Vehicles 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.
Tata Motors Passenger Vehicles's Share Price of today is ₹349.70. Tata Motors Passenger Vehicles'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 ₹950.39.
* 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:
Tata Motors Passenger Vehicles (NSE:TMPV) has a PS Ratio of 0.37 as of Jun. 24, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Tata Motors Passenger Vehicles and its competitors. This is 19% above median its historical median of 0.31. Over the past decade, Tata Motors Passenger Vehicles' PS Ratio has ranged from 0.04 to 0.49. According to the industry distribution chart, Tata Motors Passenger Vehicles ranks #379 out of 1320 companies in the Vehicles & Parts industry, placing it in the top 28.7%.
Is Tata Motors Passenger Vehicles' PS Ratio too high?
Tata Motors Passenger Vehicles' current PS Ratio of 0.37 is 19% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.49. The Vehicles & Parts industry median PS Ratio is 0.81. Tata Motors Passenger Vehicles' value of 0.37 is 54.3% below this industry median. Based on the distribution chart, Tata Motors Passenger Vehicles ranks #379 out of 1320 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Tata Motors Passenger Vehicles has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tata Motors Passenger Vehicles' PS Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Tata Motors Passenger Vehicles ranks #379 out of 1320 companies for PS Ratio. This puts Tata Motors Passenger Vehicles in the upper half of its industry. The industry median PS Ratio is 0.81. Tata Motors Passenger Vehicles' value of 0.37 is 54.3% below this benchmark. Historically, Tata Motors Passenger Vehicles' own PS Ratio has ranged from 0.04 to 0.49 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.81, Tata Motors Passenger Vehicles 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 Vehicles & Parts company?
The median PS Ratio among Vehicles & Parts companies is 0.81, based on 1,320 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. Tata Motors Passenger Vehicles's current PS Ratio of 0.37 is 54.3% 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 Tata Motors Passenger Vehicles and its competitors. For the Vehicles & Parts industry, the median PS Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Motors Passenger Vehicles's current PS Ratio is 0.37, which is 19% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Motors Passenger Vehicles stock overvalued right now?
Based on GuruFocus' analysis, Tata Motors Passenger Vehicles (NSE:TMPV) is currently considered Fairly Valued. The stock's GF Value™ is ₹333.08, compared to a current price of ₹349.70 — trading 5% above its estimated fair value. The current PS Ratio is 0.37, which is 19% above median its 10-year median of 0.31 and 54.3% below the Vehicles & Parts industry median of 0.81. Tata Motors Passenger Vehicles' overall GF Score™ is 69/100 with 6 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 Tata Motors Passenger Vehicles (NSE:TMPV), the current PS Ratio is 0.37 as of Jun. 24, 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 Tata Motors Passenger Vehicles (NSE:TMPV) Overvalued in 2026?
Based on GuruFocus' analysis, Tata Motors Passenger Vehicles stock appears to be overvalued.
The current stock price of ₹349.70 is trading 5% above its estimated GF Value™ of ₹333.08.
GuruFocus considers Tata Motors Passenger Vehicles to be Fairly Valued.
Key valuation signals for NSE:TMPV:
PS Ratio: 0.37 (19% above median its 10-year median of 0.31)
GF Value™: ₹333.08 vs. price of ₹349.70 (5% above fair value)
Industry Position: 54.3% below the Vehicles & Parts median (#379 of 1320)
No single metric tells the full story. See the NSE:TMPV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tata Motors Passenger Vehicles Business Description
Tata Motors Passenger Vehicles Ltd Formerly Tata Motors Ltd designs, manufactures and sells a wide range of automotive vehicles and provides information technology services. The company also manufactures engines for industrial applications. Its operating segments include Automotive and Others. It mainly operates in the automotive business. The automotive business includes all activities relating to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts, accessories and services. The Automotive segment consists of three reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles and Jaguar Land Rover of which majority of revenue comes from Jaguar Land Rover. It has majority of sales from India followed by United States, UK, etc.
69GF Score
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