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.
Banco Products (India)BOM:500039 -2.23%74 Net Current Asset Value is ₹81.76 as of Mar. 2026, which is 100% below its 10-year median of 2.85. GuruFocus rates BOM:500039 with a GF Score™ of 74/100 and a GF Value™ of ₹496.32 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 705 Vehicles & Parts companies, Banco Products (India) ranks worse than 67.94% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Banco Products (India)'s net current asset value per share for the quarter that ended in Mar. 2026 was ₹81.76.
The historical rank and industry rank for Banco Products (India)'s Net Current Asset Value or its related term are showing as below:
BOM:500039'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.02 Med: 2.85 Max: 8.1
Current: 7.77
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Banco Products (India) was 8.10. The lowest was 1.02. And the median was 2.85.
BOM:500039's Price-to-Net-Current-Asset-Value is ranked worse than 67.94% of 705
companies
in the Vehicles & Parts industry
Industry Median: 4.55
vs BOM:500039: 7.77
Banco Products (India) (BOM:500039) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Banco Products (India) Net Current Asset Value Related Terms
Banco Products (India) Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Banco Products (India)'s Net Current Asset Value 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.
Banco Products (India) Net Current Asset Value Chart
BOM:500039 vs ORLY, AZO: Net Current Asset Value Comparison
For the Auto Parts subindustry, Banco Products (India)'s Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.
Banco Products (India) Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Banco Products (India)'s Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Banco Products (India)'s Price-to-Net-Current-Asset-Value 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.
What does a Net Current Asset Value of ₹81.76 mean?
Banco Products (India) (BOM:500039) has a Net Current Asset Value of ₹81.76 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Banco Products (India) and its competitors. This is 2769% above median its historical median of 2.85. Over the past decade, Banco Products (India)'s Net Current Asset Value has ranged from 1.02 to 8.10. According to the industry distribution chart, Banco Products (India) ranks #479 out of 705 companies in the Vehicles & Parts industry, placing it in the top 67.9%.
Is Banco Products (India)'s Net Current Asset Value too high?
Banco Products (India)'s current Net Current Asset Value of ₹81.76 is 2769% above median its 10-year median of 2.85. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 8.10. Based on the distribution chart, Banco Products (India) ranks #479 out of 705 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Banco Products (India) has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Products (India)'s Net Current Asset Value compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Banco Products (India) ranks #479 out of 705 companies for Net Current Asset Value. This places Banco Products (India) in the lower half of its industry. The industry median Net Current Asset Value is 4.55. Historically, Banco Products (India)'s own Net Current Asset Value has ranged from 1.02 to 8.10 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.55, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Banco Products (India) and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Products (India)'s current Net Current Asset Value is ₹81.76, which is 2769% above median its own 10-year median of 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Products (India) stock overvalued right now?
Based on GuruFocus' analysis, Banco Products (India) (BOM:500039) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹496.32, compared to a current price of ₹635.55 — trading 28.1% above its estimated fair value. The current Net Current Asset Value is ₹81.76, which is 2769% above median its 10-year median of 2.85. Banco Products (India)'s overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Banco Products (India) (BOM:500039), the current Net Current Asset Value is ₹81.76 as of Mar. 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 Banco Products (India) (BOM:500039) Overvalued in 2026?
Based on GuruFocus' analysis, Banco Products (India) stock appears to be overvalued.
The current stock price of ₹635.55 is trading 28.1% above its estimated GF Value™ of ₹496.32.
GuruFocus considers Banco Products (India) to be Modestly Overvalued.
Key valuation signals for BOM:500039:
Net Current Asset Value: ₹81.76 (2769% above median its 10-year median of 2.85)
GF Value™: ₹496.32 vs. price of ₹635.55 (28.1% above fair value)
No single metric tells the full story. See the BOM:500039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banco Products (India) Ltd is a company engaged in the manufacturing and selling of radiators. The company manufactures aluminum radiators and copper-brass radiators. Its products include charged air coolers, fuel coolers, oil coolers, cooling systems, sealing gaskets, joint gaskets and sheets, and rubber products. Banco manufactures and supplies original equipment (OE) for commercial vehicles, passenger vehicles, and industrial products. The company caters to the domestic and international markets. The company generates the majority of its revenue within India.
74GF Score
Get the complete analysis for BOM:500039
Net Current Asset Value 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:500039 has been successfully added to your 
