Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Shreenath Paper ProductsBOM:544372 11 Piotroski F-Score is 3 as of Aug. 03, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates BOM:544372 with a GF Score™ of 11/100. The stock has 8 warning signs investors should review. Among 281 Forest Products companies, Shreenath Paper Products ranks worse than 80.43% 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
Shreenath Paper Products 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 Shreenath Paper Products's Piotroski F-Score or its related term are showing as below:
BOM:544372'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 5
Current: 3
During the past 5 years, the highest Piotroski F-Score of Shreenath Paper Products was 5. The lowest was 3. And the median was 5.
Shreenath Paper Products (BOM:544372) 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.
Shreenath Paper Products Piotroski F-Score Related Terms
Shreenath Paper Products Piotroski F-Score Historical Data
* 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.
Shreenath Paper Products Piotroski F-Score Competitor Comparison
For the Paper & Paper Products subindustry, Shreenath Paper Products'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.
Shreenath Paper Products Piotroski F-Score vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Shreenath Paper Products's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Shreenath Paper Products'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.
Shreenath Paper Products's current Net Income (TTM) was 29.
==> 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.
Shreenath Paper Products's current Cash Flow from Operations (TTM) was -68.
==> 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.
Shreenath Paper Products's return on assets of this year was 0.03454024. Shreenath Paper Products's return on assets of last year was 0.04787633.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Shreenath Paper Products's gearing of this year was 0.03780152. Shreenath Paper Products's gearing of last year was 0.04311023.
==> 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
Shreenath Paper Products's current ratio of this year was 2.29918889. Shreenath Paper Products's current ratio of last year was 2.1850702.
==> 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.
Shreenath Paper Products's number of shares in issue this year was 19.692. Shreenath Paper Products's number of shares in issue last year was 14.738.
==> 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.
Shreenath Paper Products's gross margin of this year was 0.03046078. Shreenath Paper Products's gross margin of last year was 0.0713721.
==> Last year's gross margin is higher ==> Score 0.
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
Shreenath Paper Products's asset turnover of this year was 1.38700695. Shreenath Paper Products's asset turnover of last year was 1.70016093.
==> 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
+
0
+
0
+
0
+
1
+
1
+
0
+
0
+
0
=
3
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Shreenath Paper Products has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Shreenath Paper Products (BOM:544372) has a Piotroski F-Score of 3 as of Aug. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shreenath Paper Products and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Shreenath Paper Products' Piotroski F-Score has ranged from 3.00 to 5.00. According to the industry distribution chart, Shreenath Paper Products ranks #226 out of 281 companies in the Forest Products industry, placing it in the top 80.4%.
Is Shreenath Paper Products' Piotroski F-Score too high?
Shreenath Paper Products' current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 5.00. The Forest Products industry median Piotroski F-Score is 5.00. Shreenath Paper Products' value of 3 is 40% below this industry median. Based on the distribution chart, Shreenath Paper Products ranks #226 out of 281 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Shreenath Paper Products has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Shreenath Paper Products' Piotroski F-Score compare to competitors?
According to the Forest Products industry distribution chart, Shreenath Paper Products ranks #226 out of 281 companies for Piotroski F-Score. This places Shreenath Paper Products in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Shreenath Paper Products' value of 3 is 40% below this benchmark. Historically, Shreenath Paper Products' own Piotroski F-Score has ranged from 3.00 to 5.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Shreenath Paper Products 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 Forest Products company?
The median Piotroski F-Score among Forest Products companies is 5.00, based on 281 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. Shreenath Paper Products's current Piotroski F-Score of 3 is 40% 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 Shreenath Paper Products and its competitors. For the Forest Products 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. Shreenath Paper Products's current Piotroski F-Score is 3, which is 40% below 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 Shreenath Paper Products stock overvalued right now?
Shreenath Paper Products (BOM:544372) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Forest Products industry median of 5.00. Shreenath Paper Products' overall GF Score™ is 11/100 with 8 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 Shreenath Paper Products (BOM:544372), the current Piotroski F-Score is 3 as of Aug. 03, 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.
Shreenath Paper Products Ltd is engaged in the business of importer, exporter, stockiest, agents, brokers, retailers of all kind of paper including writing, printing, rapping and tissues, newsprint paper for packaging including corrugated and craft papers, synthetic papers, all kinds of boards including paper and straw board and all kind of pulp whether chemical and mechanical including dissolving paper pulp used in paper industry. Its products include Coated Paper & Board, Coating Base, Speciality Paper, Creamwove Paper, Self Adhesive Paper, Hi-Bright Maplitho, Copier Paper, Industrial Paper, and Medical Grade Insert Paper.
11GF Score
Get the complete analysis for BOM:544372
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:544372 has been successfully added to your 
