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.
Jay Bee LaminationsNSE:JAYBEE +0.76%48 Piotroski F-Score is 4 as of Aug. 25, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates NSE:JAYBEE with a GF Score™ of 48/100. The stock has 5 warning signs investors should review. Among 2,976 Industrial Products companies, Jay Bee Laminations ranks worse than 66.03% 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
Jay Bee Laminations has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Jay Bee Laminations's Piotroski F-Score or its related term are showing as below:
NSE:JAYBEE'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 4
During the past 6 years, the highest Piotroski F-Score of Jay Bee Laminations was 8. The lowest was 4. And the median was 6.
Jay Bee Laminations (NSE:JAYBEE) 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.
Jay Bee Laminations Piotroski F-Score Related Terms
Jay Bee Laminations Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Jay Bee Laminations'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.
NSE:JAYBEE vs CRS, ATI, MLI: Piotroski F-Score Comparison
For the Metal Fabrication subindustry, Jay Bee Laminations'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 Bee Laminations Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jay Bee Laminations's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Jay Bee Laminations'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.
Jay Bee Laminations's current Net Income (TTM) was 183.
==> 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.
Jay Bee Laminations's return on assets of this year was 0.07984434. Jay Bee Laminations's return on assets of last year was 0.18538463.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Jay Bee Laminations's gearing of this year was 0.01611349. Jay Bee Laminations's gearing of last year was 0.04279747.
==> 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
Jay Bee Laminations's current ratio of this year was 1.62253823. Jay Bee Laminations's current ratio of last year was 2.63731389.
==> 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.
Jay Bee Laminations's number of shares in issue this year was 22.574. Jay Bee Laminations's number of shares in issue last year was 20.622.
==> 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.
Jay Bee Laminations's gross margin of this year was 0.11795471. Jay Bee Laminations's gross margin of last year was 0.18290727.
==> 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
Jay Bee Laminations's asset turnover of this year was 2.39578129. Jay Bee Laminations's asset turnover of last year was 2.683364.
==> 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
+
0
+
0
=
4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Jay Bee Laminations has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Jay Bee Laminations (NSE:JAYBEE) has a Piotroski F-Score of 4 as of Aug. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Jay Bee Laminations and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Jay Bee Laminations' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Jay Bee Laminations ranks #1965 out of 2976 companies in the Industrial Products industry, placing it in the top 66%.
Is Jay Bee Laminations' Piotroski F-Score too high?
Jay Bee Laminations' current Piotroski F-Score of 4 is 33% below 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 Industrial Products industry median Piotroski F-Score is 5.00. Jay Bee Laminations' value of 4 is 20% below this industry median. Based on the distribution chart, Jay Bee Laminations ranks #1965 out of 2976 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Jay Bee Laminations has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Jay Bee Laminations' Piotroski F-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Jay Bee Laminations ranks #1965 out of 2976 companies for Piotroski F-Score. This places Jay Bee Laminations in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Jay Bee Laminations' value of 4 is 20% below this benchmark. Historically, Jay Bee Laminations' 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 Bee Laminations 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,976 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 Bee Laminations's current Piotroski F-Score of 4 is 20% 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 Jay Bee Laminations and its competitors. For the Industrial 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. Jay Bee Laminations's current Piotroski F-Score is 4, which is 33% below 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 Bee Laminations stock overvalued right now?
Jay Bee Laminations (NSE:JAYBEE) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Industrial Products industry median of 5.00. Jay Bee Laminations' overall GF Score™ is 48/100 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 Jay Bee Laminations (NSE:JAYBEE), the current Piotroski F-Score is 4 as of Aug. 25, 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.
Jay Bee Laminations Ltd manufactures and supplies products that include electrical laminations, slit coils, and assembled cores made of Cold Rolled Grain Oriented Silicon steel and Cold-Rolled Non-Grain Oriented Steel for applications in transformers, UPS, and inverters, for end-use in the power industry.
48GF Score
Get the complete analysis for NSE:JAYBEE
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
NSE:JAYBEE has been successfully added to your 
