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.
Pajson Agro IndiaBOM:544657 +4.09%21 Piotroski F-Score is 6 as of Aug. 02, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates BOM:544657 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,913 Consumer Packaged Goods companies, Pajson Agro India ranks better than 72.92% 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
Pajson Agro India 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 Pajson Agro India's Piotroski F-Score or its related term are showing as below:
BOM:544657'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 7 Max: 7
Current: 6
During the past 4 years, the highest Piotroski F-Score of Pajson Agro India was 7. The lowest was 6. And the median was 7.
Pajson Agro India (BOM:544657) 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.
Pajson Agro India Piotroski F-Score Related Terms
Pajson Agro India Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Pajson Agro India'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.
Pajson Agro India Piotroski F-Score Chart
Pajson Agro India Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Piotroski F-Score
N/A
N/A
7.00
6.00
Pajson Agro India Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Piotroski F-Score
N/A
N/A
7.00
0.00
6.00
BOM:544657 vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Pajson Agro India'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.
Pajson Agro India Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Pajson Agro India's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Pajson Agro India'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.
Pajson Agro India's current Net Income (TTM) was 248.
==> 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.
Pajson Agro India's return on assets of this year was 0.37651044. Pajson Agro India's return on assets of last year was 0.36844063.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Pajson Agro India's gearing of this year was 0.00138845. Pajson Agro India's gearing of last year was 0.00159061.
==> 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
Pajson Agro India's current ratio of this year was 2.51121483. Pajson Agro India's current ratio of last year was 1.64092025.
==> 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.
Pajson Agro India's number of shares in issue this year was 23.81. Pajson Agro India's number of shares in issue last year was 23.81.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
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.
Pajson Agro India's gross margin of this year was 0.23851012. Pajson Agro India's gross margin of last year was 0.24839358.
==> 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
Pajson Agro India's asset turnover of this year was 3.88455906. Pajson Agro India's asset turnover of last year was 3.37964554.
==> 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
+
0
+
1
+
0
+
1
+
1
+
1
+
0
+
1
=
6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Pajson Agro India has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Pajson Agro India (BOM:544657) has a Piotroski F-Score of 6 as of Aug. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pajson Agro India and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Pajson Agro India's Piotroski F-Score has ranged from 6.00 to 7.00. According to the industry distribution chart, Pajson Agro India ranks #518 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 27.1%.
Is Pajson Agro India's Piotroski F-Score too high?
Pajson Agro India's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Pajson Agro India's value of 6 is 20% above this industry median. Based on the distribution chart, Pajson Agro India ranks #518 out of 1913 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Pajson Agro India has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Pajson Agro India's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Pajson Agro India ranks #518 out of 1913 companies for Piotroski F-Score. This puts Pajson Agro India in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Pajson Agro India's value of 6 is 20% above this benchmark. Historically, Pajson Agro India's own Piotroski F-Score has ranged from 6.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Pajson Agro India 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,913 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. Pajson Agro India's current Piotroski F-Score of 6 is 20% 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 Pajson Agro India and its competitors. For the Consumer Packaged Goods 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. Pajson Agro India's current Piotroski F-Score is 6, which is 14% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pajson Agro India stock overvalued right now?
Pajson Agro India (BOM:544657) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Pajson Agro India's overall GF Score™ is 21/100 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 Pajson Agro India (BOM:544657), the current Piotroski F-Score is 6 as of Aug. 02, 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.
Pajson Agro India Ltd is engaged in the processing of raw cashew nuts into cashew kernels and supplies to domestic and international markets. Its product portfolio comprises various grades of cashew nuts, which are processed and packaged in bulk as well as consumer-oriented retail packs. Additionally, the company markets select dry fruits under its brand 'Royal Mewa' through a combination of e-commerce platforms and offline distribution channels. It operates through a multi-channel sales and distribution structure comprising four key verticals: Wholesale Mandis, Institutional Sales, Exports, and the B2C brand, Royal Mewa. The wholesale mandi segment contributes significantly to domestic distribution. The company derives the majority of its revenue from the sale of cashew kernels.
21GF Score
Get the complete analysis for BOM:544657
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:544657 has been successfully added to your 
