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Blue StarBOM:500067 -0.62%91 Net Current Asset Value is ₹60.49 as of Mar. 2026, which is 100% below its 10-year median of 46.07. GuruFocus rates BOM:500067 with a GF Score™ of 91/100 and a GF Value™ of ₹1,923.65 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,063 Construction companies, Blue Star ranks worse than 92.85% 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).
Blue Star's net current asset value per share for the quarter that ended in Mar. 2026 was ₹60.49.
The historical rank and industry rank for Blue Star's Net Current Asset Value or its related term are showing as below:
BOM:500067'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 25.38 Med: 46.07 Max: 99.08
Current: 28.14
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Blue Star was 99.08. The lowest was 25.38. And the median was 46.07.
BOM:500067's Price-to-Net-Current-Asset-Value is ranked worse than 92.85% of 1063
companies
in the Construction industry
Industry Median: 3.2
vs BOM:500067: 28.14
Blue Star (BOM:500067) 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.
Blue Star Net Current Asset Value Related Terms
Blue Star Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Blue Star'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.
BOM:500067 vs TT, JCI, CARR: Net Current Asset Value Comparison
For the Building Products & Equipment subindustry, Blue Star'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.
Blue Star Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, Blue Star's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Blue Star'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 ₹60.49 mean?
Blue Star (BOM:500067) has a Net Current Asset Value of ₹60.49 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 Blue Star and its competitors. This is 31% above median its historical median of 46.07. Over the past decade, Blue Star's Net Current Asset Value has ranged from 25.38 to 99.08. According to the industry distribution chart, Blue Star ranks #987 out of 1063 companies in the Construction industry, placing it in the top 92.9%.
Is Blue Star's Net Current Asset Value too high?
Blue Star's current Net Current Asset Value of ₹60.49 is 31% above median its 10-year median of 46.07. Over the past 10 years, this metric has ranged from a low of 25.38 to a high of 99.08. Based on the distribution chart, Blue Star ranks #987 out of 1063 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Blue Star has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blue Star's Net Current Asset Value compare to TT and JCI?
According to the Construction industry distribution chart, Blue Star ranks #987 out of 1063 companies for Net Current Asset Value. This places Blue Star in the lower half of its industry. The industry median Net Current Asset Value is 3.20. Historically, Blue Star's own Net Current Asset Value has ranged from 25.38 to 99.08 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.20, based on 1,063 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 Blue Star and its competitors. For the Construction industry, the median Net Current Asset Value is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Star's current Net Current Asset Value is ₹60.49, which is 31% above median its own 10-year median of 46.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Star stock overvalued right now?
Based on GuruFocus' analysis, Blue Star (BOM:500067) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,923.65, compared to a current price of ₹1,702.75 — trading 11.5% below its estimated fair value. The current Net Current Asset Value is ₹60.49, which is 31% above median its 10-year median of 46.07. Blue Star's overall GF Score™ is 91/100 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 Blue Star (BOM:500067), the current Net Current Asset Value is ₹60.49 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 Blue Star (BOM:500067) Overvalued in 2026?
Based on GuruFocus' analysis, Blue Star stock appears to be undervalued.
The current stock price of ₹1,702.75 is trading 11.5% below its estimated GF Value™ of ₹1,923.65.
GuruFocus considers Blue Star to be Modestly Undervalued.
Key valuation signals for BOM:500067:
Net Current Asset Value: ₹60.49 (31% above median its 10-year median of 46.07)
GF Value™: ₹1,923.65 vs. price of ₹1,702.75 (11.5% below fair value)
No single metric tells the full story. See the BOM:500067 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blue Star Ltd is an India-based air conditioning and commercial refrigeration company. It serves corporate, commercial, and residential entities. The company's operating segment includes Electro-Mechanical Projects and Commercial Air Conditioning Systems; Unitary Products and Professional Electronics and Industrial Systems. It generates maximum revenue from the Electro-Mechanical Projects and Commercial Air-conditioning Systems segment which includes central air-conditioning projects, Electrical Contracting business, and Packaged air-conditioning businesses including manufacturing and after-sales service. Geographically, the company generates a majority of its revenue from its operations in India.
91GF Score
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