Myer HoldingsASX:MYR +1.64%42 Current Ratio is 0.91 as of Jan. 2026, which is at its 10-year median of 0.91. GuruFocus rates ASX:MYR with a GF Score™ of 42/100 and a GF Value™ of A$0.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,132 Retail - Cyclical companies, Myer Holdings ranks worse than 81.45% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Myer Holdings's current ratio for the quarter that ended in Jan. 2026 was 0.91.
Myer Holdings has a current ratio of 0.91. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Myer Holdings has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Myer Holdings's Current Ratio or its related term are showing as below:
ASX:MYR'
s Current Ratio Range Over the Past 10 Years
Min: 0.46 Med: 0.91 Max: 1.02
Current: 0.91
During the past 13 years, Myer Holdings's highest Current Ratio was 1.02. The lowest was 0.46. And the median was 0.91.
ASX:MYR's Current Ratio is ranked worse than 81.45% of 1132
companies
in the Retail - Cyclical industry
Industry Median: 1.58
vs ASX:MYR: 0.91
Myer Holdings (ASX:MYR) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Myer Holdings Current Ratio Related Terms
Myer Holdings Current Ratio Historical Data
* Premium members only.
The historical data trend for Myer Holdings's Current Ratio can be seen below:
* 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 Department Stores subindustry, Myer Holdings's Current Ratio, along with its competitors' market caps and Current 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.
Myer Holdings Current Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Current Ratio distribution charts can be found below:
* The bar in red indicates where Myer Holdings's Current Ratio falls into.
* 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.
Myer Holdings (ASX:MYR) has a Current Ratio of 0.91 as of Jan. 2026. This is near median its historical median of 0.91. Over the past decade, Myer Holdings' Current Ratio has ranged from 0.46 to 1.02. According to the industry distribution chart, Myer Holdings ranks #922 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 81.4%.
Is Myer Holdings' Current Ratio too high?
Myer Holdings' current Current Ratio of 0.91 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.02. The Retail - Cyclical industry median Current Ratio is 1.58. Myer Holdings' value of 0.91 is 42.4% below this industry median. Based on the distribution chart, Myer Holdings ranks #922 out of 1132 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Myer Holdings has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Myer Holdings' Current Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Myer Holdings ranks #922 out of 1132 companies for Current Ratio. This places Myer Holdings in the lower half of its industry. The industry median Current Ratio is 1.58. Myer Holdings' value of 0.91 is 42.4% below this benchmark. Historically, Myer Holdings' own Current Ratio has ranged from 0.46 to 1.02 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.58, Myer Holdings 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 Current Ratio for a Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.58, based on 1,132 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Myer Holdings's current Current Ratio of 0.91 is 42.4% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Retail - Cyclical industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myer Holdings's current Current Ratio is 0.91, which is near median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Myer Holdings (ASX:MYR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.49, compared to a current price of A$0.31 — trading 36.7% below its estimated fair value. The current Current Ratio is 0.91, which is near median its 10-year median of 0.91 and 42.4% below the Retail - Cyclical industry median of 1.58. Myer Holdings' overall GF Score™ is 42/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Myer Holdings (ASX:MYR), the current Current Ratio is 0.91 as of Jan. 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 Myer Holdings (ASX:MYR) Overvalued in 2026?
Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued.
The current stock price of A$0.31 is trading 36.7% below its estimated GF Value™ of A$0.49.
GuruFocus considers Myer Holdings to be Possible Value Trap.
Key valuation signals for ASX:MYR:
Current Ratio: 0.91 (near median its 10-year median of 0.91)
GF Value™: A$0.49 vs. price of A$0.31 (36.7% below fair value)
Industry Position: 42.4% below the Retail - Cyclical median (#922 of 1132)
No single metric tells the full story. See the ASX:MYR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.
42GF Score
Get the complete analysis for ASX:MYR
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:MYR has been successfully added to your 
