Prakash PipesNSE:PPL +0.58%74 Current Ratio is 2.11 as of Mar. 2026, which is 31% below its 10-year median of 3.04. GuruFocus rates NSE:PPL with a GF Score™ of 74/100 and a GF Value™ of ₹423.56 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,787 Construction companies, Prakash Pipes ranks better than 70.45% 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. Prakash Pipes's current ratio for the quarter that ended in Mar. 2026 was 2.11.
Prakash Pipes has a current ratio of 2.11. It generally indicates good short-term financial strength.
The historical rank and industry rank for Prakash Pipes's Current Ratio or its related term are showing as below:
NSE:PPL'
s Current Ratio Range Over the Past 10 Years
Min: 2.11 Med: 3.04 Max: 4.15
Current: 2.11
During the past 9 years, Prakash Pipes's highest Current Ratio was 4.15. The lowest was 2.11. And the median was 3.04.
NSE:PPL's Current Ratio is ranked better than 70.45% of 1787
companies
in the Construction industry
Industry Median: 1.58
vs NSE:PPL: 2.11
Prakash Pipes (NSE:PPL) 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.
Prakash Pipes Current Ratio Related Terms
Prakash Pipes Current Ratio Historical Data
* Premium members only.
The historical data trend for Prakash Pipes'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:PPL vs TT, JCI, CARR: Current Ratio Comparison
For the Building Products & Equipment subindustry, Prakash Pipes'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.
Prakash Pipes Current Ratio vs Construction Industry
For the Construction industry and Industrials sector, Prakash Pipes's Current Ratio distribution charts can be found below:
* The bar in red indicates where Prakash Pipes'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.
Prakash Pipes (NSE:PPL) has a Current Ratio of 2.11 as of Mar. 2026. This is 31% below median its historical median of 3.04. Over the past decade, Prakash Pipes' Current Ratio has ranged from 2.11 to 4.15. According to the industry distribution chart, Prakash Pipes ranks #528 out of 1787 companies in the Construction industry, placing it in the top 29.5%.
Is Prakash Pipes' Current Ratio too high?
Prakash Pipes' current Current Ratio of 2.11 is 31% below median its 10-year median of 3.04. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 4.15. The Construction industry median Current Ratio is 1.58. Prakash Pipes' value of 2.11 is 33.5% above this industry median. Based on the distribution chart, Prakash Pipes ranks #528 out of 1787 companies in the Construction industry, which is above the industry midpoint. Overall, Prakash Pipes has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Prakash Pipes' Current Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Prakash Pipes ranks #528 out of 1787 companies for Current Ratio. This puts Prakash Pipes in the upper half of its industry. The industry median Current Ratio is 1.58. Prakash Pipes' value of 2.11 is 33.5% above this benchmark. Historically, Prakash Pipes' own Current Ratio has ranged from 2.11 to 4.15 over the past decade. While the company's 10-year median is 3.04 vs. the industry median of 1.58, Prakash Pipes 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 Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,787 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. Prakash Pipes's current Current Ratio of 2.11 is 33.5% 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 Construction 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. Prakash Pipes's current Current Ratio is 2.11, which is 31% below median its own 10-year median of 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Pipes stock overvalued right now?
Based on GuruFocus' analysis, Prakash Pipes (NSE:PPL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹423.56, compared to a current price of ₹262.74 — trading 38% below its estimated fair value. The current Current Ratio is 2.11, which is 31% below median its 10-year median of 3.04 and 33.5% above the Construction industry median of 1.58. Prakash Pipes' overall GF Score™ is 74/100 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 Prakash Pipes (NSE:PPL), the current Current Ratio is 2.11 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 Prakash Pipes (NSE:PPL) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Pipes stock appears to be undervalued.
The current stock price of ₹262.74 is trading 38% below its estimated GF Value™ of ₹423.56.
GuruFocus considers Prakash Pipes to be Possible Value Trap.
Key valuation signals for NSE:PPL:
Current Ratio: 2.11 (31% below median its 10-year median of 3.04)
GF Value™: ₹423.56 vs. price of ₹262.74 (38% below fair value)
Industry Position: 33.5% above the Construction median (#528 of 1787)
No single metric tells the full story. See the NSE:PPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Pipes Ltd is engaged in the manufacture of PVC pipes and fittings. It offers products such as Agri Pipes, Column Pipes, Plumbing Pipes, Casing Pipes, SWR Pipes, Garden Pipes, and their related Fittings. Its segments are PVC Pipe and fittings, and Flexible Packaging. It generates the majority of its revenue from PVC Pipe and fittings.
74GF Score
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