Mahindra & Mahindra (M&M.NS)

P/S ratio as of September 2026 (TTM): 1.75

According to Mahindra & Mahindra's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.26. At the end of 2026 the company had a P/S ratio of 1.76.

P/S ratio history for Mahindra & Mahindra from 2018 to 2026

PS ratio at the end of each year

Year	P/S ratio	Change
2026	1.76	-27.49%
2025	2.43	0.52%
2024	2.42	50.37%
2023	1.61	21.2%
2022	1.33	7.64%
2021	1.23	-3.09%
2020	1.27	83.66%
2019	0.6920	-29.93%
2018	0.9876

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for Mahindra & Mahindra (M&M.NS)