Ashapuri Gold OrnamentBOM:542579 81 Current Ratio is 24.90 as of Mar. 2026, which is 72% above its 10-year median of 14.51. GuruFocus rates BOM:542579 with a GF Score™ of 81/100 and a GF Value™ of ₹12.40 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Ashapuri Gold Ornament ranks better than 98.76% 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. Ashapuri Gold Ornament's current ratio for the quarter that ended in Mar. 2026 was 24.90.
Ashapuri Gold Ornament has a current ratio of 24.90. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Ashapuri Gold Ornament's Current Ratio or its related term are showing as below:
BOM:542579'
s Current Ratio Range Over the Past 10 Years
Min: 1.7 Med: 14.51 Max: 27.79
Current: 24.9
During the past 11 years, Ashapuri Gold Ornament's highest Current Ratio was 27.79. The lowest was 1.70. And the median was 14.51.
BOM:542579's Current Ratio is ranked better than 98.76% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 1.58
vs BOM:542579: 24.90
Ashapuri Gold Ornament (BOM:542579) 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.
Ashapuri Gold Ornament Current Ratio Related Terms
Ashapuri Gold Ornament Current Ratio Historical Data
* 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 Luxury Goods subindustry, Ashapuri Gold Ornament'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.
Ashapuri Gold Ornament Current Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Ashapuri Gold Ornament's Current Ratio distribution charts can be found below:
* The bar in red indicates where Ashapuri Gold Ornament'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.
Ashapuri Gold Ornament (BOM:542579) has a Current Ratio of 24.90 as of Mar. 2026. This is 72% above median its historical median of 14.51. Over the past decade, Ashapuri Gold Ornament's Current Ratio has ranged from 1.70 to 27.79. According to the industry distribution chart, Ashapuri Gold Ornament ranks #14 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 1.2%.
Is Ashapuri Gold Ornament's Current Ratio too high?
Ashapuri Gold Ornament's current Current Ratio of 24.90 is 72% above median its 10-year median of 14.51. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 27.79. The Retail - Cyclical industry median Current Ratio is 1.58. Ashapuri Gold Ornament's value of 24.90 is 1475.9% above this industry median. Based on the distribution chart, Ashapuri Gold Ornament ranks #14 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Ashapuri Gold Ornament has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashapuri Gold Ornament's Current Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Ashapuri Gold Ornament ranks #14 out of 1128 companies for Current Ratio. This places Ashapuri Gold Ornament in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.58. Ashapuri Gold Ornament's value of 24.90 is 1475.9% above this benchmark. Historically, Ashapuri Gold Ornament's own Current Ratio has ranged from 1.70 to 27.79 over the past decade. While the company's 10-year median is 14.51 vs. the industry median of 1.58, Ashapuri Gold Ornament has consistently been above 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 1,128 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. Ashapuri Gold Ornament's current Current Ratio of 24.90 is 1475.9% above 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. Ashapuri Gold Ornament's current Current Ratio is 24.90, which is 72% above median its own 10-year median of 14.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashapuri Gold Ornament stock overvalued right now?
Based on GuruFocus' analysis, Ashapuri Gold Ornament (BOM:542579) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹12.40, compared to a current price of ₹4.00 — trading 67.7% below its estimated fair value. The current Current Ratio is 24.90, which is 72% above median its 10-year median of 14.51 and 1475.9% above the Retail - Cyclical industry median of 1.58. Ashapuri Gold Ornament's overall GF Score™ is 81/100 with 2 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 Ashapuri Gold Ornament (BOM:542579), the current Current Ratio is 24.90 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 Ashapuri Gold Ornament (BOM:542579) Overvalued in 2026?
Based on GuruFocus' analysis, Ashapuri Gold Ornament stock appears to be undervalued.
The current stock price of ₹4.00 is trading 67.7% below its estimated GF Value™ of ₹12.40.
GuruFocus considers Ashapuri Gold Ornament to be Significantly Undervalued.
Key valuation signals for BOM:542579:
Current Ratio: 24.90 (72% above median its 10-year median of 14.51)
GF Value™: ₹12.40 vs. price of ₹4.00 (67.7% below fair value)
Industry Position: 1475.9% above the Retail - Cyclical median (#14 of 1128)
No single metric tells the full story. See the BOM:542579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashapuri Gold Ornament Ltd is a manufacturer and wholesaler of gold jewellery. It offers a wide range of jewellery products in 22-carat gold ornaments such as Choker Set, Toda Set, Long Set, Pota Jewellery, Saloya and Bracelet. In addition, it also offers Temple Collection, Moti Set, Bikaneri Meena and Rani Haar.
81GF Score
Get the complete analysis for BOM:542579
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