Bharat GearsBOM:505688 -1.66%67 Piotroski F-Score is 8 as of Jul. 05, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates BOM:505688 with a GF Score™ of 67/100 and a GF Value™ of ₹126.63 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,290 Vehicles & Parts companies, Bharat Gears ranks better than 97.83% on this metric.
Good Sign:
Piotroski F-Score is 8, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Bharat Gears has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Bharat Gears's Piotroski F-Score or its related term are showing as below:
BOM:505688'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 8
During the past 13 years, the highest Piotroski F-Score of Bharat Gears was 8. The lowest was 3. And the median was 6.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Bharat Gears Piotroski F-Score Related Terms
Bharat Gears Piotroski F-Score Historical Data
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The historical data trend for Bharat Gears's Piotroski F-Score 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.
BOM:505688 vs ORLY, AZO: Piotroski F-Score Comparison
For the Auto Parts subindustry, Bharat Gears's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.
Bharat Gears Piotroski F-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Bharat Gears's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Bharat Gears's Piotroski F-Score 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Bharat Gears's current Net Income (TTM) was 165.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Bharat Gears's return on assets of this year was 0.04529022. Bharat Gears's return on assets of last year was 0.00827038.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Bharat Gears's gearing of this year was 0.07356884. Bharat Gears's gearing of last year was 0.12727253.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Bharat Gears's current ratio of this year was 1.23439859. Bharat Gears's current ratio of last year was 1.21502652.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Bharat Gears's number of shares in issue this year was 15.353. Bharat Gears's number of shares in issue last year was 15.327.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Bharat Gears's gross margin of this year was 0.47253482. Bharat Gears's gross margin of last year was 0.47012417.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Bharat Gears's asset turnover of this year was 2.1519167. Bharat Gears's asset turnover of last year was 1.6797893.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Bharat Gears has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Bharat Gears (BOM:505688) has a Piotroski F-Score of 8 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bharat Gears and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Bharat Gears' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Bharat Gears ranks #28 out of 1290 companies in the Vehicles & Parts industry, placing it in the top 2.2%.
Is Bharat Gears' Piotroski F-Score too high?
Bharat Gears' current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Bharat Gears' value of 8 is 60% above this industry median. Based on the distribution chart, Bharat Gears ranks #28 out of 1290 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Bharat Gears has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Gears' Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Bharat Gears ranks #28 out of 1290 companies for Piotroski F-Score. This places Bharat Gears in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Bharat Gears' value of 8 is 60% above this benchmark. Historically, Bharat Gears' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Bharat Gears 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 Piotroski F-Score for a Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,290 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bharat Gears's current Piotroski F-Score of 8 is 60% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bharat Gears and its competitors. For the Vehicles & Parts industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Gears's current Piotroski F-Score is 8, which is 33% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Gears stock overvalued right now?
Based on GuruFocus' analysis, Bharat Gears (BOM:505688) is currently considered Fairly Valued. The stock's GF Value™ is ₹126.63, compared to a current price of ₹133.15 — trading 5.1% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Vehicles & Parts industry median of 5.00. Bharat Gears' overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Bharat Gears (BOM:505688), the current Piotroski F-Score is 8 as of Jul. 05, 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 Bharat Gears (BOM:505688) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Gears stock appears to be overvalued.
The current stock price of ₹133.15 is trading 5.1% above its estimated GF Value™ of ₹126.63.
GuruFocus considers Bharat Gears to be Fairly Valued.
Key valuation signals for BOM:505688:
Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
GF Value™: ₹126.63 vs. price of ₹133.15 (5.1% above fair value)
Industry Position: 60% above the Vehicles & Parts median (#28 of 1290)
No single metric tells the full story. See the BOM:505688 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Gears Ltd is engaged in the automotive gears business. The company offers a wide range of gear products such as ring gears and pinions, transmission gears and shafts, differential gears, gearboxes, and heat treatment furnaces. The company caters to the commercial vehicle, agricultural machinery, construction equipment segments, and others. The company has a presence in India, and USA, Mexico, Spain, and Other countries.
67GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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