Morepen LaboratoriesNSE:MOREPENLAB +2.00%74 Current Ratio is 2.37 as of Mar. 2026, which is 62% above its 10-year median of 1.46. GuruFocus rates NSE:MOREPENLAB with a GF Score™ of 74/100 and a GF Value™ of ₹49.82 (Fairly Valued). The stock has 5 warning signs investors should review. Among 998 Drug Manufacturers companies, Morepen Laboratories ranks better than 58.02% 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. Morepen Laboratories's current ratio for the quarter that ended in Mar. 2026 was 2.37.
Morepen Laboratories has a current ratio of 2.37. It generally indicates good short-term financial strength.
The historical rank and industry rank for Morepen Laboratories's Current Ratio or its related term are showing as below:
NSE:MOREPENLAB'
s Current Ratio Range Over the Past 10 Years
Min: 0.59 Med: 1.46 Max: 2.37
Current: 2.37
During the past 13 years, Morepen Laboratories's highest Current Ratio was 2.37. The lowest was 0.59. And the median was 1.46.
NSE:MOREPENLAB's Current Ratio is ranked better than 58.02% of 998
companies
in the Drug Manufacturers industry
Industry Median: 1.995
vs NSE:MOREPENLAB: 2.37
Morepen Laboratories (NSE:MOREPENLAB) 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.
Morepen Laboratories Current Ratio Related Terms
Morepen Laboratories Current Ratio Historical Data
* Premium members only.
The historical data trend for Morepen Laboratories'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.
For the Drug Manufacturers - Specialty & Generic subindustry, Morepen Laboratories'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.
Morepen Laboratories Current Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Morepen Laboratories's Current Ratio distribution charts can be found below:
* The bar in red indicates where Morepen Laboratories'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.
Morepen Laboratories (NSE:MOREPENLAB) has a Current Ratio of 2.37 as of Mar. 2026. This is 62% above median its historical median of 1.46. Over the past decade, Morepen Laboratories' Current Ratio has ranged from 0.59 to 2.37. According to the industry distribution chart, Morepen Laboratories ranks #419 out of 998 companies in the Drug Manufacturers industry, placing it in the top 42%.
Is Morepen Laboratories' Current Ratio too high?
Morepen Laboratories' current Current Ratio of 2.37 is 62% above median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 2.37. The Drug Manufacturers industry median Current Ratio is 2.00. Morepen Laboratories' value of 2.37 is 18.8% above this industry median. Based on the distribution chart, Morepen Laboratories ranks #419 out of 998 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Morepen Laboratories has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Morepen Laboratories' Current Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Morepen Laboratories ranks #419 out of 998 companies for Current Ratio. This puts Morepen Laboratories in the upper half of its industry. The industry median Current Ratio is 2.00. Morepen Laboratories' value of 2.37 is 18.8% above this benchmark. Historically, Morepen Laboratories' own Current Ratio has ranged from 0.59 to 2.37 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 2.00, Morepen Laboratories 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 Drug Manufacturers company?
The median Current Ratio among Drug Manufacturers companies is 2.00, based on 998 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. Morepen Laboratories's current Current Ratio of 2.37 is 18.8% 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 Drug Manufacturers industry, the median Current Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morepen Laboratories's current Current Ratio is 2.37, which is 62% above median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morepen Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Morepen Laboratories (NSE:MOREPENLAB) is currently considered Fairly Valued. The stock's GF Value™ is ₹49.82, compared to a current price of ₹53.16 — trading 6.7% above its estimated fair value. The current Current Ratio is 2.37, which is 62% above median its 10-year median of 1.46 and 18.8% above the Drug Manufacturers industry median of 2.00. Morepen Laboratories' overall GF Score™ is 74/100 with 5 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 Morepen Laboratories (NSE:MOREPENLAB), the current Current Ratio is 2.37 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 Morepen Laboratories (NSE:MOREPENLAB) Overvalued in 2026?
Based on GuruFocus' analysis, Morepen Laboratories stock appears to be overvalued.
The current stock price of ₹53.16 is trading 6.7% above its estimated GF Value™ of ₹49.82.
GuruFocus considers Morepen Laboratories to be Fairly Valued.
Key valuation signals for NSE:MOREPENLAB:
Current Ratio: 2.37 (62% above median its 10-year median of 1.46)
GF Value™: ₹49.82 vs. price of ₹53.16 (6.7% above fair value)
Industry Position: 18.8% above the Drug Manufacturers median (#419 of 998)
No single metric tells the full story. See the NSE:MOREPENLAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morepen Laboratories Ltd is in the business of manufacturing, producing, developing, and marketing various Active Pharmaceutical Ingredients (APIs), branded and generic formulations, and also Home Health products. Some of the products offered by the company include various drug formulations, APIs, digital thermometers, heat belts, pulse oximeters, nutritional tablets, pain sprays, and others. The company operates in a single segment namely, Pharmaceuticals. Geographically, the company derives maximum revenue from India and the rest from the United States of America, and the Rest of the world.
74GF Score
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