Shanmuga Hospital (BOM:544365) Piotroski F-Score: 5 (As of Aug. 06, 2026) — Near Median

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BOM:544365 Shanmuga Hospital Ltd BOM:544365
21 GF Score
Price ₹49.59
! 2 Warning Signs
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What is Shanmuga Hospital Piotroski F-Score?

Shanmuga Hospital BOM:544365 +14.03% 21 Piotroski F-Score is 5 as of Aug. 06, 2026, which is at its 10-year median of 5.00. GuruFocus rates BOM:544365 with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 645 Healthcare Providers & Services companies, Shanmuga Hospital ranks better than 55.04% 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

Shanmuga Hospital has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

BOM:544365' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 6
Current: 5

During the past 5 years, the highest Piotroski F-Score of Shanmuga Hospital was 6. The lowest was 4. And the median was 5.

Shanmuga Hospital  (BOM:544365) 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.


Shanmuga Hospital Piotroski F-Score Related Terms


Shanmuga Hospital Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Shanmuga Hospital'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.

Shanmuga Hospital Piotroski F-Score Chart

Shanmuga Hospital Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A 6.00 4.00 5.00

Shanmuga Hospital Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial 6.00 0.00 4.00 0.00 5.00

BOM:544365 vs HCA, THC, DVA: Piotroski F-Score Comparison

For the Medical Care Facilities subindustry, Shanmuga Hospital'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.


Shanmuga Hospital Piotroski F-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shanmuga Hospital's Piotroski F-Score distribution charts can be found below:

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


BOM:544365
21GF Score
Shanmuga Hospital Ltd BOM:544365
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 ₹42.1 Mil.
Cash Flow from Operations was ₹123.1 Mil.
Revenue was ₹474.4 Mil.
Gross Profit was ₹251.1 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (527.81 + 530.57) / 2 = ₹529.19 Mil.
Total Assets at the begining of this year (Mar25) was ₹527.8 Mil.
Long-Term Debt & Capital Lease Obligation was ₹35.9 Mil.
Total Current Assets was ₹125.0 Mil.
Total Current Liabilities was ₹56.2 Mil.
Net Income was ₹42.1 Mil.

Revenue was ₹478.5 Mil.
Gross Profit was ₹245.3 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (339.151 + 527.81) / 2 = ₹433.4805 Mil.
Total Assets at the begining of last year (Mar24) was ₹339.2 Mil.
Long-Term Debt & Capital Lease Obligation was ₹35.9 Mil.
Total Current Assets was ₹300.1 Mil.
Total Current Liabilities was ₹89.7 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.

Shanmuga Hospital's current Net Income (TTM) was 42.1. ==> 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.

Shanmuga Hospital's current Cash Flow from Operations (TTM) was 123.1. ==> 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)
=42.106/527.81
=0.07977492

ROA (Last Year)=Net Income/Total Assets (Mar24)
=42.067/339.151
=0.1240362

Shanmuga Hospital's return on assets of this year was 0.07977492. Shanmuga Hospital's return on assets of last year was 0.1240362. ==> 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.

Shanmuga Hospital's current Net Income (TTM) was 42.1. Shanmuga Hospital's current Cash Flow from Operations (TTM) was 123.1. ==> 123.1 > 42.1 ==> 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
=35.935/529.19
=0.06790567

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=35.935/433.4805
=0.08289877

Shanmuga Hospital's gearing of this year was 0.06790567. Shanmuga Hospital's gearing of last year was 0.08289877. ==> 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
=125/56.194
=2.22443677

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=300.101/89.657
=3.34721215

Shanmuga Hospital's current ratio of this year was 2.22443677. Shanmuga Hospital's current ratio of last year was 3.34721215. ==> 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.

Shanmuga Hospital's number of shares in issue this year was 13.627. Shanmuga Hospital's number of shares in issue last year was 10.438. ==> 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
=251.091/474.361
=0.52932471

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=245.334/478.533
=0.51267938

Shanmuga Hospital's gross margin of this year was 0.52932471. Shanmuga Hospital's gross margin of last year was 0.51267938. ==> 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)
=474.361/527.81
=0.89873439

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=478.533/339.151
=1.41097328

Shanmuga Hospital's asset turnover of this year was 0.89873439. Shanmuga Hospital's asset turnover of last year was 1.41097328. ==> 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+0+0+1+0
=5

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

Shanmuga Hospital has an F-score of 5 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 5 mean?
Shanmuga Hospital (BOM:544365) has a Piotroski F-Score of 5 as of Aug. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shanmuga Hospital and its competitors. This is near median its historical median of 5.00. Over the past decade, Shanmuga Hospital's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Shanmuga Hospital ranks #290 out of 645 companies in the Healthcare Providers & Services industry, placing it in the top 45%.
Is Shanmuga Hospital's Piotroski F-Score too high?
Shanmuga Hospital's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. The Healthcare Providers & Services industry median Piotroski F-Score is 5.00. Shanmuga Hospital's value of 5 is 0% at this industry median. Based on the distribution chart, Shanmuga Hospital ranks #290 out of 645 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Shanmuga Hospital has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Shanmuga Hospital's Piotroski F-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Shanmuga Hospital ranks #290 out of 645 companies for Piotroski F-Score. This puts Shanmuga Hospital in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Shanmuga Hospital's value of 5 is 0% at this benchmark. Historically, Shanmuga Hospital's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Shanmuga Hospital 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 Healthcare Providers & Services company?
The median Piotroski F-Score among Healthcare Providers & Services companies is 5.00, based on 645 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. Shanmuga Hospital's current Piotroski F-Score of 5 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 Shanmuga Hospital and its competitors. For the Healthcare Providers & Services 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. Shanmuga Hospital's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanmuga Hospital stock overvalued right now?
Shanmuga Hospital (BOM:544365) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Healthcare Providers & Services industry median of 5.00. Shanmuga Hospital's overall GF Score™ is 21/100 with 2 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 Shanmuga Hospital (BOM:544365), the current Piotroski F-Score is 5 as of Aug. 06, 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.

Shanmuga Hospital Business Description

Address 51/24, Saradha College Road, Salem, TN, IND, 636 007
Shanmuga Hospital Ltd is a Multispecialty Hospital. It is Equipped with developed healthcare technology and has an approximately 151-bed capacity, it addresses the community's medical needs, serving patients from nearby regions. The hospital is committed to high-quality healthcare services, including prevention, treatment, and rehabilitation. Its medical facility encompasses an Oncology Unit, High Dependency Unit, Emergency Department, Outpatient Consultation Services, Cardiac Care Unit, Intensive Care Unit, Neonatal Intensive Care Unit, Labour Room, Endoscopy Room, Neurosurgery Unit, and Cardiac Unit. The Diagnostic Centre features developed laboratory and imaging technologies such as X-ray, Ultrasound, Computed Tomography scan, Magnetic Resonance Imaging and modular operational theatres.
21GF 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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