Jay Bharat Maruti (BOM:520066) Piotroski F-Score: 8 (As of Aug. 08, 2026) — 33% Above Median

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BOM:520066 Jay Bharat Maruti Ltd BOM:520066
61 GF Score
Price ₹139.40
GF Value ₹115.03
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Jay Bharat Maruti Piotroski F-Score?

Jay Bharat Maruti BOM:520066 -4.98% 61 Piotroski F-Score is 8 as of Aug. 08, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates BOM:520066 with a GF Score™ of 61/100 and a GF Value™ of ₹115.03 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,276 Vehicles & Parts companies, Jay Bharat Maruti ranks better than 97.81% 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

Jay Bharat Maruti 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 Jay Bharat Maruti's Piotroski F-Score or its related term are showing as below:

BOM:520066' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Jay Bharat Maruti was 8. The lowest was 4. And the median was 6.

Jay Bharat Maruti  (BOM:520066) 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.


Jay Bharat Maruti Piotroski F-Score Related Terms


Jay Bharat Maruti Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Jay Bharat Maruti'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.

Jay Bharat Maruti Piotroski F-Score Chart

Jay Bharat Maruti 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 8.00 8.00 6.00 4.00 8.00

Jay Bharat Maruti Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.00 0.00 0.00 0.00 8.00

BOM:520066 vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, Jay Bharat Maruti'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.


Jay Bharat Maruti Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jay Bharat Maruti's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Jay Bharat Maruti's Piotroski F-Score falls into.


BOM:520066
61GF Score
Jay Bharat Maruti Ltd BOM:520066
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 ₹1,397 Mil.
Cash Flow from Operations was ₹1,966 Mil.
Revenue was ₹25,510 Mil.
Gross Profit was ₹6,612 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (16717.684 + 18310.49) / 2 = ₹17514.087 Mil.
Total Assets at the begining of this year (Mar25) was ₹16,718 Mil.
Long-Term Debt & Capital Lease Obligation was ₹3,597 Mil.
Total Current Assets was ₹4,910 Mil.
Total Current Liabilities was ₹5,773 Mil.
Net Income was ₹329 Mil.

Revenue was ₹22,901 Mil.
Gross Profit was ₹5,099 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (15557.649 + 16717.684) / 2 = ₹16137.6665 Mil.
Total Assets at the begining of last year (Mar24) was ₹15,558 Mil.
Long-Term Debt & Capital Lease Obligation was ₹3,564 Mil.
Total Current Assets was ₹3,711 Mil.
Total Current Liabilities was ₹6,086 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.

Jay Bharat Maruti's current Net Income (TTM) was 1,397. ==> 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.

Jay Bharat Maruti's current Cash Flow from Operations (TTM) was 1,966. ==> 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)
=1396.743/16717.684
=0.08354883

ROA (Last Year)=Net Income/Total Assets (Mar24)
=329.127/15557.649
=0.02115532

Jay Bharat Maruti's return on assets of this year was 0.08354883. Jay Bharat Maruti's return on assets of last year was 0.02115532. ==> This year is higher. ==> Score 1.

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.

Jay Bharat Maruti's current Net Income (TTM) was 1,397. Jay Bharat Maruti's current Cash Flow from Operations (TTM) was 1,966. ==> 1,966 > 1,397 ==> 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
=3597.385/17514.087
=0.20539952

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=3563.93/16137.6665
=0.22084544

Jay Bharat Maruti's gearing of this year was 0.20539952. Jay Bharat Maruti's gearing of last year was 0.22084544. ==> 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
=4910.465/5772.605
=0.85064975

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3711.247/6085.542
=0.60984658

Jay Bharat Maruti's current ratio of this year was 0.85064975. Jay Bharat Maruti's current ratio of last year was 0.60984658. ==> 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.

Jay Bharat Maruti's number of shares in issue this year was 108.275. Jay Bharat Maruti's number of shares in issue last year was 108.265. ==> 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
=6612.445/25509.924
=0.25921069

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5098.704/22901.243
=0.22263874

Jay Bharat Maruti's gross margin of this year was 0.25921069. Jay Bharat Maruti's gross margin of last year was 0.22263874. ==> 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)
=25509.924/16717.684
=1.52592452

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=22901.243/15557.649
=1.47202466

Jay Bharat Maruti's asset turnover of this year was 1.52592452. Jay Bharat Maruti's asset turnover of last year was 1.47202466. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

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

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

Jay Bharat Maruti has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Jay Bharat Maruti (BOM:520066) has a Piotroski F-Score of 8 as of Aug. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Jay Bharat Maruti and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Jay Bharat Maruti's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Jay Bharat Maruti ranks #28 out of 1276 companies in the Vehicles & Parts industry, placing it in the top 2.2%.
Is Jay Bharat Maruti's Piotroski F-Score too high?
Jay Bharat Maruti's 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 4.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Jay Bharat Maruti's value of 8 is 60% above this industry median. Based on the distribution chart, Jay Bharat Maruti ranks #28 out of 1276 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Jay Bharat Maruti has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jay Bharat Maruti's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Jay Bharat Maruti ranks #28 out of 1276 companies for Piotroski F-Score. This places Jay Bharat Maruti in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Jay Bharat Maruti's value of 8 is 60% above this benchmark. Historically, Jay Bharat Maruti's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Jay Bharat Maruti 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 1,276 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. Jay Bharat Maruti'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 Jay Bharat Maruti 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. Jay Bharat Maruti'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 Jay Bharat Maruti stock overvalued right now?
Based on GuruFocus' analysis, Jay Bharat Maruti (BOM:520066) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹115.03, compared to a current price of ₹139.40 — trading 21.2% 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. Jay Bharat Maruti's overall GF Score™ is 61/100 with 3 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 Jay Bharat Maruti (BOM:520066), the current Piotroski F-Score is 8 as of Aug. 08, 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 Jay Bharat Maruti (BOM:520066) Overvalued in 2026?

Based on GuruFocus' analysis, Jay Bharat Maruti stock appears to be overvalued. The current stock price of ₹139.40 is trading 21.2% above its estimated GF Value™ of ₹115.03. GuruFocus considers Jay Bharat Maruti to be Modestly Overvalued.

Key valuation signals for BOM:520066:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: ₹115.03 vs. price of ₹139.40 (21.2% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 60% above the Vehicles & Parts median (#28 of 1276)

No single metric tells the full story. See the BOM:520066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jay Bharat Maruti Business Description

Other Exchanges JAYBARMARU:India
Address Plot No. 9, Institutional Area, Sector 44, Gurgaon, HR, IND, 122 003
Jay Bharat Maruti Ltd is an India-based auto components manufacturer. The company is engaged in the manufacturing of sheet metal components, rear axles, muffler assemblies, fuel necks, tools, and dies for motor vehicles, components, and spare parts. Geographically, it operates only in India. The Company majorly operates in a single segment which is manufacturing of components for Automobiles.
61GF Score

Get the complete analysis for BOM:520066

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

₹139.40
Price
₹115.03
GF Value