Protean eGov Technologies (NSE:PROTEAN) Current Ratio: 2.00 (As of Mar. 2026) — Near Median

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NSE:PROTEAN Protean eGov Technologies Ltd NSE:PROTEAN
51 GF Score
Price ₹616.15
GF Value ₹1,374.59
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Protean eGov Technologies Current Ratio?

Protean eGov Technologies NSE:PROTEAN -0.55% 51 Current Ratio is 2.00 as of Mar. 2026, which is 2% below its 10-year median of 2.04. GuruFocus rates NSE:PROTEAN with a GF Score™ of 51/100 and a GF Value™ of ₹1,374.59 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,877 Software companies, Protean eGov Technologies ranks better than 55.47% 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. Protean eGov Technologies's current ratio for the quarter that ended in Mar. 2026 was 2.00.

Protean eGov Technologies has a current ratio of 2.00. It generally indicates good short-term financial strength.

The historical rank and industry rank for Protean eGov Technologies's Current Ratio or its related term are showing as below:

NSE:PROTEAN' s Current Ratio Range Over the Past 10 Years
Min: 1.79   Med: 2.04   Max: 3.08
Current: 2

During the past 6 years, Protean eGov Technologies's highest Current Ratio was 3.08. The lowest was 1.79. And the median was 2.04.

NSE:PROTEAN's Current Ratio is ranked better than
55.47% of 2877 companies
in the Software industry
Industry Median: 1.8 vs NSE:PROTEAN: 2.00

Protean eGov Technologies  (NSE:PROTEAN) 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.


Protean eGov Technologies Current Ratio Related Terms


Protean eGov Technologies Current Ratio Historical Data

* Premium members only.

The historical data trend for Protean eGov Technologies'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.

Protean eGov Technologies Current Ratio Chart

Protean eGov Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 3.08 1.79 1.95 2.08 2.00

Protean eGov Technologies Quarterly Data
Mar21 Mar22 Jun22 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 2.08 0.00 2.61 0.00 2.00

NSE:PROTEAN vs IBM, ACN, FISV: Current Ratio Comparison

For the Information Technology Services subindustry, Protean eGov Technologies'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.


Protean eGov Technologies Current Ratio vs Software Industry

For the Software industry and Technology sector, Protean eGov Technologies's Current Ratio distribution charts can be found below:

* The bar in red indicates where Protean eGov Technologies's Current Ratio falls into.


NSE:PROTEAN
51GF Score
Protean eGov Technologies Ltd NSE:PROTEAN
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Protean eGov Technologies 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.

Protean eGov Technologies'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 )
=6096.9/3054.3
=2.00

Protean eGov Technologies'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 )
=6096.9/3054.3
=2.00

* 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 2.00 mean?
Protean eGov Technologies (NSE:PROTEAN) has a Current Ratio of 2.00 as of Mar. 2026. This is near median its historical median of 2.04. Over the past decade, Protean eGov Technologies' Current Ratio has ranged from 1.79 to 3.08. According to the industry distribution chart, Protean eGov Technologies ranks #1281 out of 2877 companies in the Software industry, placing it in the top 44.5%.
Is Protean eGov Technologies' Current Ratio too high?
Protean eGov Technologies' current Current Ratio of 2.00 is near median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 3.08. The Software industry median Current Ratio is 1.80. Protean eGov Technologies' value of 2.00 is 11.1% above this industry median. Based on the distribution chart, Protean eGov Technologies ranks #1281 out of 2877 companies in the Software industry, which is above the industry midpoint. Overall, Protean eGov Technologies has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Protean eGov Technologies' Current Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Protean eGov Technologies ranks #1281 out of 2877 companies for Current Ratio. This puts Protean eGov Technologies in the upper half of its industry. The industry median Current Ratio is 1.80. Protean eGov Technologies' value of 2.00 is 11.1% above this benchmark. Historically, Protean eGov Technologies' own Current Ratio has ranged from 1.79 to 3.08 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 1.80, Protean eGov Technologies 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 1.80, based on 2,877 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. Protean eGov Technologies's current Current Ratio of 2.00 is 11.1% 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 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Protean eGov Technologies's current Current Ratio is 2.00, which is near 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 Protean eGov Technologies stock overvalued right now?
Based on GuruFocus' analysis, Protean eGov Technologies (NSE:PROTEAN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,374.59, compared to a current price of ₹616.15 — trading 55.2% below its estimated fair value. The current Current Ratio is 2.00, which is near median its 10-year median of 2.04 and 11.1% above the Software industry median of 1.80. Protean eGov Technologies' overall GF Score™ is 51/100 with 4 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 Protean eGov Technologies (NSE:PROTEAN), the current Current Ratio is 2.00 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 Protean eGov Technologies (NSE:PROTEAN) Overvalued in 2026?

Based on GuruFocus' analysis, Protean eGov Technologies stock appears to be undervalued. The current stock price of ₹616.15 is trading 55.2% below its estimated GF Value™ of ₹1,374.59. GuruFocus considers Protean eGov Technologies to be Possible Value Trap.

Key valuation signals for NSE:PROTEAN:

  • Current Ratio: 2.00 (near median its 10-year median of 2.04)
  • GF Value™: ₹1,374.59 vs. price of ₹616.15 (55.2% below fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 11.1% above the Software median (#1281 of 2877)

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


Protean eGov Technologies Business Description

Other Exchanges 544021:India
Address Senapati Bapat Marg, Times Tower, 1st Floor, Kamala Mills Compound, Lower Parel, Mumbai, MH, IND, 400013
Protean eGov Technologies Ltd is engaged in providing Information Technology (IT) enabled e-Governance services. It works on tax modernization, open digital ecosystems, and social security-related projects. It offers citizen services, e-governance solutions, system integration, business process re-engineering, data center co-location, and IT consulting services for citizens, corporations, and the government. Some of the projects that the company works on include the acceptance and processing of PAN applications, e-KYC, GST verification, PAN verification, and others. Geographically, the company currently offers its services only in India.
51GF Score

Get the complete analysis for NSE:PROTEAN

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

₹616.15
Price
₹1,374.59
GF Value