Cambridge Technology Enterprises has a current ratio of 2.31. It generally indicates good short-term financial strength.
The historical rank and industry rank for Cambridge Technology Enterprises's Current Ratio or its related term are showing as below:
NSE:CTE'
s Current Ratio Range Over the Past 10 Years
Min: 0.78 Med: 2.04 Max: 2.62
Current: 2.31
During the past 13 years, Cambridge Technology Enterprises's highest Current Ratio was 2.62. The lowest was 0.78. And the median was 2.04.
NSE:CTE's Current Ratio is ranked better than 62.07% of 2866
companies
in the Software industry
Industry Median: 1.815
vs NSE:CTE: 2.31
Cambridge Technology Enterprises (NSE:CTE) 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.
Cambridge Technology Enterprises Current Ratio Related Terms
Cambridge Technology Enterprises 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.
Cambridge Technology Enterprises Current Ratio Chart
NSE:CTE vs IBM, ACN, FISV: Current Ratio Comparison
For the Information Technology Services subindustry, Cambridge Technology Enterprises'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.
Cambridge Technology Enterprises Current Ratio vs Software Industry
For the Software industry and Technology sector, Cambridge Technology Enterprises's Current Ratio distribution charts can be found below:
* The bar in red indicates where Cambridge Technology Enterprises'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.
Cambridge Technology Enterprises (NSE:CTE) has a Current Ratio of 2.31 as of Mar. 2026. This is 13% above median its historical median of 2.04. Over the past decade, Cambridge Technology Enterprises' Current Ratio has ranged from 0.78 to 2.62. According to the industry distribution chart, Cambridge Technology Enterprises ranks #1087 out of 2866 companies in the Software industry, placing it in the top 37.9%.
Is Cambridge Technology Enterprises' Current Ratio too high?
Cambridge Technology Enterprises' current Current Ratio of 2.31 is 13% above median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.62. The Software industry median Current Ratio is 1.82. Cambridge Technology Enterprises' value of 2.31 is 27.3% above this industry median. Based on the distribution chart, Cambridge Technology Enterprises ranks #1087 out of 2866 companies in the Software industry, which is above the industry midpoint. Overall, Cambridge Technology Enterprises has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cambridge Technology Enterprises' Current Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Cambridge Technology Enterprises ranks #1087 out of 2866 companies for Current Ratio. This puts Cambridge Technology Enterprises in the upper half of its industry. The industry median Current Ratio is 1.82. Cambridge Technology Enterprises' value of 2.31 is 27.3% above this benchmark. Historically, Cambridge Technology Enterprises' own Current Ratio has ranged from 0.78 to 2.62 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 1.82, Cambridge Technology Enterprises 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 Software company?
The median Current Ratio among Software companies is 1.82, based on 2,866 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. Cambridge Technology Enterprises's current Current Ratio of 2.31 is 27.3% 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 Software industry, the median Current Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cambridge Technology Enterprises's current Current Ratio is 2.31, which is 13% above median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cambridge Technology Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Cambridge Technology Enterprises (NSE:CTE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹62.14, compared to a current price of ₹32.13 — trading 48.3% below its estimated fair value. The current Current Ratio is 2.31, which is 13% above median its 10-year median of 2.04 and 27.3% above the Software industry median of 1.82. Cambridge Technology Enterprises' overall GF Score™ is 69/100 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 Cambridge Technology Enterprises (NSE:CTE), the current Current Ratio is 2.31 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 Cambridge Technology Enterprises (NSE:CTE) Overvalued in 2026?
Based on GuruFocus' analysis, Cambridge Technology Enterprises stock appears to be undervalued.
The current stock price of ₹32.13 is trading 48.3% below its estimated GF Value™ of ₹62.14.
GuruFocus considers Cambridge Technology Enterprises to be Significantly Undervalued.
Key valuation signals for NSE:CTE:
Current Ratio: 2.31 (13% above median its 10-year median of 2.04)
GF Value™: ₹62.14 vs. price of ₹32.13 (48.3% below fair value)
Industry Position: 27.3% above the Software median (#1087 of 2866)
No single metric tells the full story. See the NSE:CTE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cambridge Technology Enterprises Business Description
Cambridge Technology Enterprises Ltd is a business and technology company, engaged in software development and information technology (IT) related activities. It offers various services, which include cloud computing, artificial intelligence (AI), enterprise mobility, DevOps, and application development. The company derives revenue from India, the USA, the Philippines, and other regions, of which the maximum revenue is generated from the USA. The company generates revenue from the sale of software services and the sale of software licenses, where the majority of its revenue is derived from the sale of software services.
69GF Score
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