Is It Cheap? · Intermediate · Pro filter
Price / operating cash flow: what it means and how to read it
Market cap ÷ cash generated by the business's day-to-day operations in a year.
What is Price / operating cash flow?
Market cap ÷ cash generated by the business's day-to-day operations in a year.
A worked example
A market cap of ₹9,000 Cr and operating cash flow of ₹600 Cr gives 15: you pay ₹15 for every ₹1 of cash the business brings in each year.
Why does Price / operating cash flow matter?
Cash is harder to dress up than profit.
How do you read Price / operating cash flow?
Lower is cheaper. Compare within a sector.
Lower is usually better.
What is a typical Price / operating cash flow in India today?
The median across the 2728 listed companies that report it, as of 12 Oct 2026. Half sit above each figure and half below.
By company size
Median
Large Cap · 69 companies21.53
Mid Cap · 108 companies35.36
Small Cap · 2551 companies16.49
By industry
Median, largest industries first
Pharmaceuticals · 13628.30
Computers - Software & Consulting · 4917.84
Power Generation · 2711.51
Auto Components & Equipments · 10219.00
Heavy Electrical Equipment · 3257.62
Iron & Steel · 128.89
Aerospace & Defense · 1965.30
Civil Construction · 5914.07
Cement & Cement Products · 2311.84
Specialty Chemicals · 9524.38
Compare a company with its own industry before the whole market. Every industry, and each company's rank within it, is in the screener.