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Page IndustriesNSE:PAGEIND +1.42%99 Current Ratio is 1.72 as of Mar. 2026, which is 3% below its 10-year median of 1.77. GuruFocus rates NSE:PAGEIND with a GF Score™ of 99/100 and a GF Value™ of ₹45,574.91 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,064 Manufacturing - Apparel & Accessories companies, Page Industries ranks worse than 52.73% 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. Page Industries's current ratio for the quarter that ended in Mar. 2026 was 1.72.
Page Industries has a current ratio of 1.72. It generally indicates good short-term financial strength.
The historical rank and industry rank for Page Industries's Current Ratio or its related term are showing as below:
NSE:PAGEIND'
s Current Ratio Range Over the Past 10 Years
Min: 1.64 Med: 1.77 Max: 2.08
Current: 1.72
During the past 13 years, Page Industries's highest Current Ratio was 2.08. The lowest was 1.64. And the median was 1.77.
NSE:PAGEIND's Current Ratio is ranked worse than 52.73% of 1064
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.805
vs NSE:PAGEIND: 1.72
Page Industries (NSE:PAGEIND) 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.
Page Industries Current Ratio Related Terms
Page Industries Current Ratio Historical Data
* Premium members only.
The historical data trend for Page Industries'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.
NSE:PAGEIND vs RL, LEVI, VFC: Current Ratio Comparison
For the Apparel Manufacturing subindustry, Page Industries'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.
Page Industries Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Page Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Page Industries'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.
Page Industries (NSE:PAGEIND) has a Current Ratio of 1.72 as of Mar. 2026. This is near median its historical median of 1.77. Over the past decade, Page Industries' Current Ratio has ranged from 1.64 to 2.08. According to the industry distribution chart, Page Industries ranks #561 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 52.7%.
Is Page Industries' Current Ratio too high?
Page Industries' current Current Ratio of 1.72 is near median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 2.08. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.81. Page Industries' value of 1.72 is 4.7% below this industry median. Based on the distribution chart, Page Industries ranks #561 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Page Industries has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Page Industries' Current Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Page Industries ranks #561 out of 1064 companies for Current Ratio. This places Page Industries in the lower half of its industry. The industry median Current Ratio is 1.81. Page Industries' value of 1.72 is 4.7% below this benchmark. Historically, Page Industries' own Current Ratio has ranged from 1.64 to 2.08 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 1.81, Page Industries 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.81, based on 1,064 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. Page Industries's current Current Ratio of 1.72 is 4.7% 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Page Industries's current Current Ratio is 1.72, which is near median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Page Industries stock overvalued right now?
Based on GuruFocus' analysis, Page Industries (NSE:PAGEIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹45,574.91, compared to a current price of ₹39,955.00 — trading 12.3% below its estimated fair value. The current Current Ratio is 1.72, which is near median its 10-year median of 1.77 and 4.7% below the Manufacturing - Apparel & Accessories industry median of 1.81. Page Industries' overall GF Score™ is 99/100 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 Page Industries (NSE:PAGEIND), the current Current Ratio is 1.72 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 Page Industries (NSE:PAGEIND) Overvalued in 2026?
Based on GuruFocus' analysis, Page Industries stock appears to be undervalued.
The current stock price of ₹39,955.00 is trading 12.3% below its estimated GF Value™ of ₹45,574.91.
GuruFocus considers Page Industries to be Modestly Undervalued.
Key valuation signals for NSE:PAGEIND:
Current Ratio: 1.72 (near median its 10-year median of 1.77)
GF Value™: ₹45,574.91 vs. price of ₹39,955.00 (12.3% below fair value)
Industry Position: 4.7% below the Manufacturing - Apparel & Accessories median (#561 of 1064)
No single metric tells the full story. See the NSE:PAGEIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Page Industries Ltd is the exclusive licensee for the manufacture, marketing, and distribution of Jockey and Speedo-branded innerwear, swimwear, and other apparel in India. The company also has the rights to Jockey in Sri Lanka, Bangladesh, Nepal, and the United Arab Emirates. Sales of innerwear and leisurewear products contribute a substantial amount to the company's revenue. Swimwear and other items make up the remaining revenue. The company sells its products through exclusive brand stores, some of which are run by franchisees, large-format stores, multibrand stores, and its e-commerce channel. The company's segments are; Innerwear and leisurewear which derives key revenue, and others. Geographically, the majority of the company's revenue is generated within India.
99GF Score
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