Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Share India Securities 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 Share India Securities's Piotroski F-Score or its related term are showing as below:
NSE:SHAREINDIA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 4
During the past 11 years, the highest Piotroski F-Score of Share India Securities was 7. The lowest was 3. And the median was 5.
Share India Securities (NSE:SHAREINDIA) 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.
Share India Securities Piotroski F-Score Related Terms
Share India Securities Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Share India Securities'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:SHAREINDIA vs MS, GS, SCHW: Piotroski F-Score Comparison
For the Capital Markets subindustry, Share India Securities'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.
Share India Securities Piotroski F-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Share India Securities's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Share India Securities'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.
Share India Securities's current Net Income (TTM) was 3,235.
==> 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.
Share India Securities's current Cash Flow from Operations (TTM) was -1,824.
==> 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.
Share India Securities's return on assets of this year was 0.08556332. Share India Securities's return on assets of last year was 0.1142301.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Share India Securities's gearing of this year was 0.16603341. Share India Securities's gearing of last year was 0.15443915.
==> Last year is lower than this year ==> Score 0.
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
Share India Securities's current ratio of this year was 7.15732154. Share India Securities's current ratio of last year was 3.25157894.
==> 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.
Share India Securities's number of shares in issue this year was 219.154. Share India Securities's number of shares in issue last year was 219.878.
==> 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.
Share India Securities's gross margin of this year was 0.12623933. Share India Securities's gross margin of last year was 0.10484316.
==> 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
Share India Securities's asset turnover of this year was 0.15949116. Share India Securities's asset turnover of last year was 0.19559656.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Share India Securities has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Share India Securities (NSE:SHAREINDIA) has a Piotroski F-Score of 4 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Share India Securities and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Share India Securities' Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Share India Securities ranks #449 out of 785 companies in the Capital Markets industry, placing it in the top 57.2%.
Is Share India Securities' Piotroski F-Score too high?
Share India Securities' current Piotroski F-Score of 4 is 20% 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 7.00. The Capital Markets industry median Piotroski F-Score is 5.00. Share India Securities' value of 4 is 20% below this industry median. Based on the distribution chart, Share India Securities ranks #449 out of 785 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Share India Securities has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Share India Securities' Piotroski F-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Share India Securities ranks #449 out of 785 companies for Piotroski F-Score. This places Share India Securities in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Share India Securities' value of 4 is 20% below this benchmark. Historically, Share India Securities' own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Share India Securities 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 785 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. Share India Securities'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 Share India Securities and its competitors. For the Capital Markets 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. Share India Securities's current Piotroski F-Score is 4, which is 20% 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 Share India Securities stock overvalued right now?
Based on GuruFocus' analysis, Share India Securities (NSE:SHAREINDIA) is currently considered Fairly Valued. The stock's GF Value™ is ₹144.26, compared to a current price of ₹134.40 — trading 6.8% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Capital Markets industry median of 5.00. Share India Securities' overall GF Score™ is 78/100 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 Share India Securities (NSE:SHAREINDIA), the current Piotroski F-Score is 4 as of Jun. 30, 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.
Is Share India Securities (NSE:SHAREINDIA) Overvalued in 2026?
Based on GuruFocus' analysis, Share India Securities stock appears to be undervalued.
The current stock price of ₹134.40 is trading 6.8% below its estimated GF Value™ of ₹144.26.
GuruFocus considers Share India Securities to be Fairly Valued.
Key valuation signals for NSE:SHAREINDIA:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: ₹144.26 vs. price of ₹134.40 (6.8% below fair value)
Industry Position: 20% below the Capital Markets median (#449 of 785)
No single metric tells the full story. See the NSE:SHAREINDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Share India Securities Ltd is a stockbroking firm in India. The company provides equity trading, derivatives, commodity and currency trading options as well as depository services. Its operating segments include Share Broking/Trading; Insurance; Merchant Banking; NBFC and Technology Services. The company generates maximum revenue from Share Broking/Trading Segment.
78GF Score
Get the complete analysis for NSE:SHAREINDIA
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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