Punjab CommunicationsBOM:500346 +1.70%63 Current Ratio is 1.45 as of Mar. 2026, which is 9% below its 10-year median of 1.59. GuruFocus rates BOM:500346 with a GF Score™ of 63/100 and a GF Value™ of ₹88.39 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,499 Hardware companies, Punjab Communications ranks worse than 71.63% 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. Punjab Communications's current ratio for the quarter that ended in Mar. 2026 was 1.45.
Punjab Communications has a current ratio of 1.45. It generally indicates good short-term financial strength.
The historical rank and industry rank for Punjab Communications's Current Ratio or its related term are showing as below:
BOM:500346'
s Current Ratio Range Over the Past 10 Years
Min: 1.09 Med: 1.59 Max: 2.16
Current: 1.45
During the past 13 years, Punjab Communications's highest Current Ratio was 2.16. The lowest was 1.09. And the median was 1.59.
BOM:500346's Current Ratio is ranked worse than 71.63% of 2499
companies
in the Hardware industry
Industry Median: 1.97
vs BOM:500346: 1.45
Punjab Communications (BOM:500346) 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.
Punjab Communications Current Ratio Related Terms
Punjab Communications Current Ratio Historical Data
* Premium members only.
The historical data trend for Punjab Communications'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.
BOM:500346 vs CSCO, CIEN, MSI: Current Ratio Comparison
For the Communication Equipment subindustry, Punjab Communications'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.
Punjab Communications Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Punjab Communications's Current Ratio distribution charts can be found below:
* The bar in red indicates where Punjab Communications'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.
Punjab Communications (BOM:500346) has a Current Ratio of 1.45 as of Mar. 2026. This is near median its historical median of 1.59. Over the past decade, Punjab Communications' Current Ratio has ranged from 1.09 to 2.16. According to the industry distribution chart, Punjab Communications ranks #1790 out of 2499 companies in the Hardware industry, placing it in the top 71.6%.
Is Punjab Communications' Current Ratio too high?
Punjab Communications' current Current Ratio of 1.45 is near median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 2.16. The Hardware industry median Current Ratio is 1.97. Punjab Communications' value of 1.45 is 26.4% below this industry median. Based on the distribution chart, Punjab Communications ranks #1790 out of 2499 companies in the Hardware industry, which is below the industry midpoint. Overall, Punjab Communications has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Punjab Communications' Current Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Punjab Communications ranks #1790 out of 2499 companies for Current Ratio. This places Punjab Communications in the lower half of its industry. The industry median Current Ratio is 1.97. Punjab Communications' value of 1.45 is 26.4% below this benchmark. Historically, Punjab Communications' own Current Ratio has ranged from 1.09 to 2.16 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.97, Punjab Communications 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 Hardware company?
The median Current Ratio among Hardware companies is 1.97, based on 2,499 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. Punjab Communications's current Current Ratio of 1.45 is 26.4% 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 Hardware industry, the median Current Ratio is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Punjab Communications's current Current Ratio is 1.45, which is near median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Punjab Communications stock overvalued right now?
Based on GuruFocus' analysis, Punjab Communications (BOM:500346) is currently considered Possible Value Trap. The stock's GF Value™ is ₹88.39, compared to a current price of ₹48.95 — trading 44.6% below its estimated fair value. The current Current Ratio is 1.45, which is near median its 10-year median of 1.59 and 26.4% below the Hardware industry median of 1.97. Punjab Communications' overall GF Score™ is 63/100 with 3 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 Punjab Communications (BOM:500346), the current Current Ratio is 1.45 as of Mar. 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 Punjab Communications (BOM:500346) Overvalued in 2026?
Based on GuruFocus' analysis, Punjab Communications stock appears to be undervalued.
The current stock price of ₹48.95 is trading 44.6% below its estimated GF Value™ of ₹88.39.
GuruFocus considers Punjab Communications to be Possible Value Trap.
Key valuation signals for BOM:500346:
Current Ratio: 1.45 (near median its 10-year median of 1.59)
GF Value™: ₹88.39 vs. price of ₹48.95 (44.6% below fair value)
Industry Position: 26.4% below the Hardware median (#1790 of 2499)
No single metric tells the full story. See the BOM:500346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Punjab Communications Ltd is a Telecom and IT equipment and solution provider. Its activities span across various areas such as; Telecom equipment manufacturing, IT and Software Solutions, Turnkey Projects, and Repair and Maintenance. Its product portfolio includes power line carrier communication, line matching unit, control communication equipment, and drop multiplexer among others. The company also provides contract manufacturing services, IT solutions, and takes up turnkey projects, involving installation, commissioning, and maintenance of complete range of telecommunications equipment on a pan-India level. It operates in a single segment which is the manufacturing of telecom products.
63GF Score
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