Rajvi Logitrade (BOM:511185) Piotroski F-Score: 6 (As of Sep. 04, 2026) — 100% Above Median

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BOM:511185 Rajvi Logitrade Ltd BOM:511185
40 GF Score
Price ₹23.39
GF Value ₹4.55
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Rajvi Logitrade Piotroski F-Score?

Rajvi Logitrade BOM:511185 +4.98% 40 Piotroski F-Score is 6 as of Sep. 04, 2026, which is 100% above its 10-year median of 3.00. GuruFocus rates BOM:511185 with a GF Score™ of 40/100 and a GF Value™ of ₹4.55 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 991 Transportation companies, Rajvi Logitrade ranks better than 71.54% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Rajvi Logitrade has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Rajvi Logitrade's Piotroski F-Score or its related term are showing as below:

BOM:511185' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Rajvi Logitrade was 7. The lowest was 1. And the median was 3.

Rajvi Logitrade  (BOM:511185) Piotroski F-Score Explanation

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.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

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.


Rajvi Logitrade Piotroski F-Score Related Terms


Rajvi Logitrade Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Rajvi Logitrade'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.

Rajvi Logitrade Piotroski F-Score Chart

Rajvi Logitrade Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 6.00 7.00 4.00 6.00

Rajvi Logitrade Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Piotroski F-Score 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 Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 6.00 0.00

BOM:511185 vs UPS, FDX, EXPD: Piotroski F-Score Comparison

For the Integrated Freight & Logistics subindustry, Rajvi Logitrade'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.


Rajvi Logitrade Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Rajvi Logitrade's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Rajvi Logitrade's Piotroski F-Score falls into.


BOM:511185
40GF Score
Rajvi Logitrade Ltd BOM:511185
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was ₹28.7 Mil.
Cash Flow from Operations was ₹83.6 Mil.
Revenue was ₹956.9 Mil.
Gross Profit was ₹48.0 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (253.427 + 264.76) / 2 = ₹259.0935 Mil.
Total Assets at the begining of this year (Mar25) was ₹253.4 Mil.
Long-Term Debt & Capital Lease Obligation was ₹58.7 Mil.
Total Current Assets was ₹218.9 Mil.
Total Current Liabilities was ₹97.1 Mil.
Net Income was ₹10.9 Mil.

Revenue was ₹426.4 Mil.
Gross Profit was ₹16.7 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (77.132 + 253.427) / 2 = ₹165.2795 Mil.
Total Assets at the begining of last year (Mar24) was ₹77.1 Mil.
Long-Term Debt & Capital Lease Obligation was ₹79.5 Mil.
Total Current Assets was ₹227.0 Mil.
Total Current Liabilities was ₹134.2 Mil.

*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.

Rajvi Logitrade's current Net Income (TTM) was 28.7. ==> 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.

Score 1 if positive, 0 if negative.

Rajvi Logitrade's current Cash Flow from Operations (TTM) was 83.6. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=28.65/253.427
=0.11305031

ROA (Last Year)=Net Income/Total Assets (Mar24)
=10.937/77.132
=0.14179588

Rajvi Logitrade's return on assets of this year was 0.11305031. Rajvi Logitrade's return on assets of last year was 0.14179588. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Rajvi Logitrade's current Net Income (TTM) was 28.7. Rajvi Logitrade's current Cash Flow from Operations (TTM) was 83.6. ==> 83.6 > 28.7 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=58.653/259.0935
=0.22637774

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=79.503/165.2795
=0.48102154

Rajvi Logitrade's gearing of this year was 0.22637774. Rajvi Logitrade's gearing of last year was 0.48102154. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=218.879/97.086
=2.25448571

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=226.958/134.164
=1.69164605

Rajvi Logitrade's current ratio of this year was 2.25448571. Rajvi Logitrade's current ratio of last year was 1.69164605. ==> 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.

Rajvi Logitrade's number of shares in issue this year was 3.999. Rajvi Logitrade's number of shares in issue last year was 1. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=47.99/956.875
=0.05015284

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=16.702/426.41
=0.03916888

Rajvi Logitrade's gross margin of this year was 0.05015284. Rajvi Logitrade's gross margin of last year was 0.03916888. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=956.875/253.427
=3.77574213

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=426.41/77.132
=5.5283151

Rajvi Logitrade's asset turnover of this year was 3.77574213. Rajvi Logitrade's asset turnover of last year was 5.5283151. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+1+0+1+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Rajvi Logitrade has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Rajvi Logitrade (BOM:511185) has a Piotroski F-Score of 6 as of Sep. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Rajvi Logitrade and its competitors. This is 100% above median its historical median of 3.00. Over the past decade, Rajvi Logitrade's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Rajvi Logitrade ranks #282 out of 991 companies in the Transportation industry, placing it in the top 28.5%.
Is Rajvi Logitrade's Piotroski F-Score too high?
Rajvi Logitrade's current Piotroski F-Score of 6 is 100% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Transportation industry median Piotroski F-Score is 6.00. Rajvi Logitrade's value of 6 is 0% at this industry median. Based on the distribution chart, Rajvi Logitrade ranks #282 out of 991 companies in the Transportation industry, which is above the industry midpoint. Overall, Rajvi Logitrade has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rajvi Logitrade's Piotroski F-Score compare to UPS and FDX?
According to the Transportation industry distribution chart, Rajvi Logitrade ranks #282 out of 991 companies for Piotroski F-Score. This puts Rajvi Logitrade in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Rajvi Logitrade's value of 6 is 0% at this benchmark. Historically, Rajvi Logitrade's own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 6.00, Rajvi Logitrade has consistently been at 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 991 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. Rajvi Logitrade's current Piotroski F-Score of 6 is 0% at 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 Rajvi Logitrade and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rajvi Logitrade's current Piotroski F-Score is 6, which is 100% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajvi Logitrade stock overvalued right now?
Based on GuruFocus' analysis, Rajvi Logitrade (BOM:511185) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4.55, compared to a current price of ₹23.39 — trading 414.1% above its estimated fair value. The current Piotroski F-Score is 6, which is 100% above median its 10-year median of 3.00 and 0% at the Transportation industry median of 6.00. Rajvi Logitrade's overall GF Score™ is 40/100 with 4 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 Rajvi Logitrade (BOM:511185), the current Piotroski F-Score is 6 as of Sep. 04, 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 Rajvi Logitrade (BOM:511185) Overvalued in 2026?

Based on GuruFocus' analysis, Rajvi Logitrade stock appears to be overvalued. The current stock price of ₹23.39 is trading 414.1% above its estimated GF Value™ of ₹4.55. GuruFocus considers Rajvi Logitrade to be Significantly Overvalued.

Key valuation signals for BOM:511185:

  • Piotroski F-Score: 6 (100% above median its 10-year median of 3.00)
  • GF Value™: ₹4.55 vs. price of ₹23.39 (414.1% above fair value)
  • GF Score™: 40/100 with 4 warning signs
  • Industry Position: 0% at the Transportation median (#282 of 991)

No single metric tells the full story. See the BOM:511185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rajvi Logitrade Business Description

Address Rajiv House, Plot No. 109, Sector 8, Kutch, Gandhidham, GJ, IND, 370201
Rajvi Logitrade Ltd is an India-based company engaged in the business of logistics, transportation by road, Rail, Sea, and air, cargo handling, warehousing, stevedoring, clearing, forwarding, supply chain management, chartering, brokering, Exim Advice, and others.
40GF Score

Get the complete analysis for BOM:511185

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

₹23.39
Price
₹4.55
GF Value