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India Shelter FinanceBOM:544044 -0.12%38 Piotroski F-Score is 3 as of Jul. 21, 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates BOM:544044 with a GF Score™ of 38/100. The stock has 5 warning signs investors should review. Among 1,498 Banks companies, India Shelter Finance ranks worse than 88.58% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
India Shelter Finance has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for India Shelter Finance's Piotroski F-Score or its related term are showing as below:
BOM:544044'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 4 Max: 7
Current: 3
During the past 6 years, the highest Piotroski F-Score of India Shelter Finance was 7. The lowest was 3. And the median was 4.
India Shelter Finance (BOM:544044) 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.
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.
India Shelter Finance Piotroski F-Score Related Terms
India Shelter Finance Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for India Shelter Finance'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:544044 vs RKT, FNMA, PFSI: Piotroski F-Score Comparison
For the Mortgage Finance subindustry, India Shelter Finance'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.
India Shelter Finance Piotroski F-Score vs Banks Industry
For the Banks industry and Financial Services sector, India Shelter Finance's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where India Shelter Finance'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.
India Shelter Finance's current Net Income (TTM) was 5,031.
==> 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.
India Shelter Finance's current Cash Flow from Operations (TTM) was -11,850.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
India Shelter Finance's return on assets of this year was 0.06494312. India Shelter Finance's return on assets of last year was 0.065216.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
India Shelter Finance's gearing of this year was 0.56326489. India Shelter Finance's gearing of last year was 0.57358226.
==> 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
India Shelter Finance's current ratio of this year was 1.21006584. India Shelter Finance's current ratio of last year was 1.24304227.
==> Last year's current ratio is higher ==> Score 0.
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.
India Shelter Finance's number of shares in issue this year was 111.921. India Shelter Finance's number of shares in issue last year was 111.37.
==> 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.
India Shelter Finance's gross margin of this year was 0.46107786. India Shelter Finance's gross margin of last year was 0.44773314.
==> 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
India Shelter Finance's asset turnover of this year was 0.16784586. India Shelter Finance's asset turnover of last year was 0.17246388.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
India Shelter Finance has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
India Shelter Finance (BOM:544044) has a Piotroski F-Score of 3 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on India Shelter Finance and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, India Shelter Finance's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, India Shelter Finance ranks #1327 out of 1498 companies in the Banks industry, placing it in the top 88.6%.
Is India Shelter Finance's Piotroski F-Score too high?
India Shelter Finance's current Piotroski F-Score of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Banks industry median Piotroski F-Score is 6.00. India Shelter Finance's value of 3 is 50% below this industry median. Based on the distribution chart, India Shelter Finance ranks #1327 out of 1498 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, India Shelter Finance has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does India Shelter Finance's Piotroski F-Score compare to RKT and FNMA?
According to the Banks industry distribution chart, India Shelter Finance ranks #1327 out of 1498 companies for Piotroski F-Score. This places India Shelter Finance in the lower half of its industry. The industry median Piotroski F-Score is 6.00. India Shelter Finance's value of 3 is 50% below this benchmark. Historically, India Shelter Finance's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 6.00, India Shelter Finance has consistently been below 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 Banks company?
The median Piotroski F-Score among Banks companies is 6.00, based on 1,498 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. India Shelter Finance's current Piotroski F-Score of 3 is 50% below 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 India Shelter Finance and its competitors. For the Banks 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. India Shelter Finance's current Piotroski F-Score is 3, which is 25% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Shelter Finance stock overvalued right now?
India Shelter Finance (BOM:544044) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 50% below the Banks industry median of 6.00. India Shelter Finance's overall GF Score™ is 38/100 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 India Shelter Finance (BOM:544044), the current Piotroski F-Score is 3 as of Jul. 21, 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.
India Shelter Finance Corporation Ltd caters to the housing needs of the self-employed, informal segment of customers, belonging to the middle income, predominantly from semi-urban and rural markets. It is engaged in providing secured retail home loans, home equity loans, and loans against property to borrowers for a period of up to twenty years. These loans are mainly to be used by borrowers for home purchase, home improvements, home extension, and the construction of dwelling units on plots owned by borrowers. Geographically, the company's operations are spread across different regions in India.
38GF Score
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