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Mayasheel VenturesNSE:MAYASHEEL +2.56%18 Piotroski F-Score is 6 as of Jul. 18, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates NSE:MAYASHEEL with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,731 Construction companies, Mayasheel Ventures ranks better than 74.06% 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
Mayasheel Ventures 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 Mayasheel Ventures's Piotroski F-Score or its related term are showing as below:
NSE:MAYASHEEL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 7 Max: 8
Current: 6
During the past 5 years, the highest Piotroski F-Score of Mayasheel Ventures was 8. The lowest was 6. And the median was 7.
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.
Mayasheel Ventures Piotroski F-Score Related Terms
Mayasheel Ventures Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Mayasheel Ventures'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.
Mayasheel Ventures Piotroski F-Score Chart
Mayasheel Ventures Annual Data
Trend
Mar22
Mar23
Mar24
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Mar26
Piotroski F-Score
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8.00
7.00
6.00
Mayasheel Ventures Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Mar26
Piotroski F-Score
N/A
N/A
8.00
7.00
6.00
NSE:MAYASHEEL vs PWR, FIX, EME: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, Mayasheel Ventures'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.
Mayasheel Ventures Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Mayasheel Ventures's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Mayasheel Ventures'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.
Mayasheel Ventures's current Net Income (TTM) was 113.
==> 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.
Mayasheel Ventures's return on assets of this year was 0.11428375. Mayasheel Ventures's return on assets of last year was 0.12165241.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Mayasheel Ventures's gearing of this year was 0.18424369. Mayasheel Ventures's gearing of last year was 0.21398507.
==> 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
Mayasheel Ventures's current ratio of this year was 1.61809575. Mayasheel Ventures's current ratio of last year was 1.1766885.
==> 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.
Mayasheel Ventures's number of shares in issue this year was 20.666. Mayasheel Ventures's number of shares in issue last year was 22.05.
==> 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.
Mayasheel Ventures's gross margin of this year was 0.55551872. Mayasheel Ventures's gross margin of last year was 0.51102609.
==> 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
Mayasheel Ventures's asset turnover of this year was 2.07870253. Mayasheel Ventures's asset turnover of last year was 1.84747993.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Que. 1
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Que. 2
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Que. 3
+
Que. 4
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Que. 5
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Que. 6
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Que. 7
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Que. 9
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1
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0
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=
6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Mayasheel Ventures has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Mayasheel Ventures (NSE:MAYASHEEL) has a Piotroski F-Score of 6 as of Jul. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mayasheel Ventures and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Mayasheel Ventures' Piotroski F-Score has ranged from 6.00 to 8.00. According to the industry distribution chart, Mayasheel Ventures ranks #449 out of 1731 companies in the Construction industry, placing it in the top 25.9%.
Is Mayasheel Ventures' Piotroski F-Score too high?
Mayasheel Ventures' 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 8.00. The Construction industry median Piotroski F-Score is 5.00. Mayasheel Ventures' value of 6 is 20% above this industry median. Based on the distribution chart, Mayasheel Ventures ranks #449 out of 1731 companies in the Construction industry, which is above the industry midpoint. Overall, Mayasheel Ventures has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Mayasheel Ventures' Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Mayasheel Ventures ranks #449 out of 1731 companies for Piotroski F-Score. This puts Mayasheel Ventures in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Mayasheel Ventures' value of 6 is 20% above this benchmark. Historically, Mayasheel Ventures' own Piotroski F-Score has ranged from 6.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Mayasheel Ventures 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,731 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. Mayasheel Ventures'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 Mayasheel Ventures and its competitors. For the Construction 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. Mayasheel Ventures'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 Mayasheel Ventures stock overvalued right now?
Mayasheel Ventures (NSE:MAYASHEEL) 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 Construction industry median of 5.00. Mayasheel Ventures' overall GF Score™ is 18/100 with 4 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 Mayasheel Ventures (NSE:MAYASHEEL), the current Piotroski F-Score is 6 as of Jul. 18, 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.
Mayasheel Ventures Ltd is involved in the business of construction of Roads and Highways for NHIDCL and other Government Departments. The company transacts the business to construct, build, alter, convert, improve, design, establish, develop, dismantle, reconstruct all types of technically complex constructions and high-value projects like Expressways, National Highways, Flyovers, Bridges. It undertakes projects on an EPC (Engineering, Procurement, and Construction) and BOQ (Bill of Quantity) basis.
18GF Score
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