Zenlabs EthicaBOM:530697 +4.97%60 Current Ratio is 1.29 as of Mar. 2026, which is 1% above its 10-year median of 1.28. GuruFocus rates BOM:530697 with a GF Score™ of 60/100 and a GF Value™ of ₹29.26 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 118 Medical Distribution companies, Zenlabs Ethica ranks worse than 60.17% 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. Zenlabs Ethica's current ratio for the quarter that ended in Mar. 2026 was 1.29.
Zenlabs Ethica has a current ratio of 1.29. It generally indicates good short-term financial strength.
The historical rank and industry rank for Zenlabs Ethica's Current Ratio or its related term are showing as below:
BOM:530697'
s Current Ratio Range Over the Past 10 Years
Min: 1.15 Med: 1.28 Max: 1.33
Current: 1.29
During the past 13 years, Zenlabs Ethica's highest Current Ratio was 1.33. The lowest was 1.15. And the median was 1.28.
BOM:530697's Current Ratio is ranked worse than 60.17% of 118
companies
in the Medical Distribution industry
Industry Median: 1.395
vs BOM:530697: 1.29
Zenlabs Ethica (BOM:530697) 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.
Zenlabs Ethica Current Ratio Related Terms
Zenlabs Ethica Current Ratio Historical Data
* Premium members only.
The historical data trend for Zenlabs Ethica'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:530697 vs MCK, CAH, COR: Current Ratio Comparison
For the Medical Distribution subindustry, Zenlabs Ethica'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.
Zenlabs Ethica Current Ratio vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Zenlabs Ethica's Current Ratio distribution charts can be found below:
* The bar in red indicates where Zenlabs Ethica'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.
Zenlabs Ethica (BOM:530697) has a Current Ratio of 1.29 as of Mar. 2026. This is near median its historical median of 1.28. Over the past decade, Zenlabs Ethica's Current Ratio has ranged from 1.15 to 1.33. According to the industry distribution chart, Zenlabs Ethica ranks #71 out of 118 companies in the Medical Distribution industry, placing it in the top 60.2%.
Is Zenlabs Ethica's Current Ratio too high?
Zenlabs Ethica's current Current Ratio of 1.29 is near median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 1.33. The Medical Distribution industry median Current Ratio is 1.40. Zenlabs Ethica's value of 1.29 is 7.5% below this industry median. Based on the distribution chart, Zenlabs Ethica ranks #71 out of 118 companies in the Medical Distribution industry, which is below the industry midpoint. Overall, Zenlabs Ethica has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenlabs Ethica's Current Ratio compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, Zenlabs Ethica ranks #71 out of 118 companies for Current Ratio. This places Zenlabs Ethica in the lower half of its industry. The industry median Current Ratio is 1.40. Zenlabs Ethica's value of 1.29 is 7.5% below this benchmark. Historically, Zenlabs Ethica's own Current Ratio has ranged from 1.15 to 1.33 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.40, Zenlabs Ethica 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 Medical Distribution company?
The median Current Ratio among Medical Distribution companies is 1.40, based on 118 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. Zenlabs Ethica's current Current Ratio of 1.29 is 7.5% 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 Medical Distribution industry, the median Current Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenlabs Ethica's current Current Ratio is 1.29, which is near median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenlabs Ethica stock overvalued right now?
Based on GuruFocus' analysis, Zenlabs Ethica (BOM:530697) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹29.26, compared to a current price of ₹34.85 — trading 19.1% above its estimated fair value. The current Current Ratio is 1.29, which is near median its 10-year median of 1.28 and 7.5% below the Medical Distribution industry median of 1.40. Zenlabs Ethica's overall GF Score™ is 60/100 with 6 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 Zenlabs Ethica (BOM:530697), the current Current Ratio is 1.29 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 Zenlabs Ethica (BOM:530697) Overvalued in 2026?
Based on GuruFocus' analysis, Zenlabs Ethica stock appears to be overvalued.
The current stock price of ₹34.85 is trading 19.1% above its estimated GF Value™ of ₹29.26.
GuruFocus considers Zenlabs Ethica to be Modestly Overvalued.
Key valuation signals for BOM:530697:
Current Ratio: 1.29 (near median its 10-year median of 1.28)
GF Value™: ₹29.26 vs. price of ₹34.85 (19.1% above fair value)
Industry Position: 7.5% below the Medical Distribution median (#71 of 118)
No single metric tells the full story. See the BOM:530697 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zenlabs Ethica Ltd is a pharmaceutical company engaged in the trading of pharmaceutical formulations. It manufactures and markets drugs which include Gastrointestinal disorders, anti-diabetics, anti-hypertensive drugs, anti-infective, soaps, and anti-Bacterial drugs, nutraceuticals, and others. In addition, The company offers more than 600 products across therapeutic segments.
60GF Score
Get the complete analysis for BOM:530697
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
BOM:530697 has been successfully added to your 
