Astron Paper & Board Mill (NSE:ASTRON) Current Ratio: 0.58 (As of Mar. 2026) — 48% Below Median


NSE:ASTRON Astron Paper & Board Mill Ltd NSE:ASTRON
33 GF Score
Price ₹3.98
GF Value ₹0.29
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Astron Paper & Board Mill Current Ratio?

Astron Paper & Board Mill NSE:ASTRON +0.76% 33 Current Ratio is 0.58 as of Mar. 2026, which is 48% below its 10-year median of 1.12. GuruFocus rates NSE:ASTRON with a GF Score™ of 33/100 and a GF Value™ of ₹0.29 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 289 Forest Products companies, Astron Paper & Board Mill ranks worse than 89.62% 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. Astron Paper & Board Mill's current ratio for the quarter that ended in Mar. 2026 was 0.58.

Astron Paper & Board Mill has a current ratio of 0.58. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Astron Paper & Board Mill 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 Astron Paper & Board Mill's Current Ratio or its related term are showing as below:

NSE:ASTRON' s Current Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.12   Max: 1.33
Current: 0.58

During the past 13 years, Astron Paper & Board Mill's highest Current Ratio was 1.33. The lowest was 0.58. And the median was 1.12.

NSE:ASTRON's Current Ratio is ranked worse than
89.62% of 289 companies
in the Forest Products industry
Industry Median: 1.52 vs NSE:ASTRON: 0.58

Astron Paper & Board Mill  (NSE:ASTRON) 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.


Astron Paper & Board Mill Current Ratio Related Terms


Astron Paper & Board Mill Current Ratio Historical Data

* Premium members only.

The historical data trend for Astron Paper & Board Mill'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.

Astron Paper & Board Mill Current Ratio Chart

Astron Paper & Board Mill Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.03 0.96 0.68 0.58

Astron Paper & Board Mill Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.00 0.63 0.00 0.58

Astron Paper & Board Mill Current Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Astron Paper & Board Mill'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.


Astron Paper & Board Mill Current Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Astron Paper & Board Mill's Current Ratio distribution charts can be found below:

* The bar in red indicates where Astron Paper & Board Mill's Current Ratio falls into.


NSE:ASTRON
33GF Score
Astron Paper & Board Mill Ltd NSE:ASTRON
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Astron Paper & Board Mill Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Astron Paper & Board Mill's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=671.816/1150.202
=0.58

Astron Paper & Board Mill's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=671.816/1150.202
=0.58

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.58 mean?
Astron Paper & Board Mill (NSE:ASTRON) has a Current Ratio of 0.58 as of Mar. 2026. This is 48% below median its historical median of 1.12. Over the past decade, Astron Paper & Board Mill's Current Ratio has ranged from 0.58 to 1.33. According to the industry distribution chart, Astron Paper & Board Mill ranks #259 out of 289 companies in the Forest Products industry, placing it in the top 89.6%.
Is Astron Paper & Board Mill's Current Ratio too high?
Astron Paper & Board Mill's current Current Ratio of 0.58 is 48% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.33. The Forest Products industry median Current Ratio is 1.52. Astron Paper & Board Mill's value of 0.58 is 61.8% below this industry median. Based on the distribution chart, Astron Paper & Board Mill ranks #259 out of 289 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Astron Paper & Board Mill has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astron Paper & Board Mill's Current Ratio compare to competitors?
According to the Forest Products industry distribution chart, Astron Paper & Board Mill ranks #259 out of 289 companies for Current Ratio. This places Astron Paper & Board Mill in the lower half of its industry. The industry median Current Ratio is 1.52. Astron Paper & Board Mill's value of 0.58 is 61.8% below this benchmark. Historically, Astron Paper & Board Mill's own Current Ratio has ranged from 0.58 to 1.33 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.52, Astron Paper & Board Mill 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 Forest Products company?
The median Current Ratio among Forest Products companies is 1.52, based on 289 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. Astron Paper & Board Mill's current Current Ratio of 0.58 is 61.8% 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 Forest Products industry, the median Current Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astron Paper & Board Mill's current Current Ratio is 0.58, which is 48% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astron Paper & Board Mill stock overvalued right now?
Based on GuruFocus' analysis, Astron Paper & Board Mill (NSE:ASTRON) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.29, compared to a current price of ₹3.98 — trading 1272.4% above its estimated fair value. The current Current Ratio is 0.58, which is 48% below median its 10-year median of 1.12 and 61.8% below the Forest Products industry median of 1.52. Astron Paper & Board Mill's overall GF Score™ is 33/100 with 7 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 Astron Paper & Board Mill (NSE:ASTRON), the current Current Ratio is 0.58 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 Astron Paper & Board Mill (NSE:ASTRON) Overvalued in 2026?

Based on GuruFocus' analysis, Astron Paper & Board Mill stock appears to be overvalued. The current stock price of ₹3.98 is trading 1272.4% above its estimated GF Value™ of ₹0.29. GuruFocus considers Astron Paper & Board Mill to be Significantly Overvalued.

Key valuation signals for NSE:ASTRON:

  • Current Ratio: 0.58 (48% below median its 10-year median of 1.12)
  • GF Value™: ₹0.29 vs. price of ₹3.98 (1272.4% above fair value)
  • GF Score™: 33/100 with 7 warning signs
  • Industry Position: 61.8% below the Forest Products median (#259 of 289)

No single metric tells the full story. See the NSE:ASTRON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Astron Paper & Board Mill Business Description

Other Exchanges 540824:India
Address S G Highway, Ganesh Meridian, D-702, 7th Floor, Opposite High Court, Ahmedabad, GJ, IND, 380060
Astron Paper & Board Mill Ltd is a prominent Indian company specializing in the manufacturing of recycled corrugated paper and Kraft paper derived from waste paper. The company mainly focuses on producing a wide range of Kraft papers that serve various packaging needs. Its product portfolio includes varied products like VTL, High RCT, Kraft Liner, Test Liner, and Corrugated Medium Paper, ranging mainly from 80 GSM to 350 GSM and 16 to 40 BF. The company's dominant source of income is from the sale of Kraft paper.
33GF Score

Get the complete analysis for NSE:ASTRON

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹3.98
Price
₹0.29
GF Value