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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).
Chennai Petroleum's net current asset value per share for the quarter that ended in Jun. 2026 was ₹0.00.
The historical rank and industry rank for Chennai Petroleum's Net Current Asset Value or its related term are showing as below:
BOM:500110'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.14 Med: 19.79 Max: 274.11
Current: 6.7
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Chennai Petroleum was 274.11. The lowest was 5.14. And the median was 19.79.
BOM:500110's Price-to-Net-Current-Asset-Value is ranked worse than 63.58% of 302
companies
in the Oil & Gas industry
Industry Median: 3.89
vs BOM:500110: 6.70
Chennai Petroleum (BOM:500110) 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.
Chennai Petroleum Net Current Asset Value Related Terms
Chennai Petroleum Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Chennai Petroleum'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:500110 vs MPC, VLO, PSX: Net Current Asset Value Comparison
For the Oil & Gas Refining & Marketing subindustry, Chennai Petroleum'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.
Chennai Petroleum Price-to-Net-Current-Asset-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Chennai Petroleum's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Chennai Petroleum'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 ₹0.00 mean?
Chennai Petroleum (BOM:500110) has a Net Current Asset Value of ₹0.00 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Chennai Petroleum and its competitors. Over the past decade, Chennai Petroleum's Net Current Asset Value has ranged from 5.14 to 274.11. According to the industry distribution chart, Chennai Petroleum ranks #192 out of 302 companies in the Oil & Gas industry, placing it in the top 63.6%.
Is Chennai Petroleum's Net Current Asset Value too high?
Chennai Petroleum's current Net Current Asset Value is ₹0.00. Over the past 10 years, this metric has ranged from a low of 5.14 to a high of 274.11. Based on the distribution chart, Chennai Petroleum ranks #192 out of 302 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Chennai Petroleum has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chennai Petroleum's Net Current Asset Value compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Chennai Petroleum ranks #192 out of 302 companies for Net Current Asset Value. This places Chennai Petroleum in the lower half of its industry. The industry median Net Current Asset Value is 3.89. Historically, Chennai Petroleum's own Net Current Asset Value has ranged from 5.14 to 274.11 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 an Oil & Gas company?
The median Net Current Asset Value among Oil & Gas companies is 3.89, based on 302 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 Chennai Petroleum and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chennai Petroleum's current Net Current Asset Value is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chennai Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Chennai Petroleum (BOM:500110) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹997.79, compared to a current price of ₹1,260.90 — trading 26.4% above its estimated fair value. The current Net Current Asset Value is ₹0.00. Chennai Petroleum's overall GF Score™ is 66/100 with 5 warning signs 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 Chennai Petroleum (BOM:500110), the current Net Current Asset Value is ₹0.00 as of Jun. 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 Chennai Petroleum (BOM:500110) Overvalued in 2026?
Based on GuruFocus' analysis, Chennai Petroleum stock appears to be overvalued.
The current stock price of ₹1,260.90 is trading 26.4% above its estimated GF Value™ of ₹997.79.
GuruFocus considers Chennai Petroleum to be Modestly Overvalued.
Key valuation signals for BOM:500110:
Net Current Asset Value: ₹0.00
GF Value™: ₹997.79 vs. price of ₹1,260.90 (26.4% above fair value)
No single metric tells the full story. See the BOM:500110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chennai Petroleum Corp Ltd manufactures and supplies petrol products in India. The Manali refinery of the company in India produces fuel, wax, lube, and petrochemical feedstock. The company also has a wax plant that produces paraffin wax for the manufacturing of candle wax, waterproof formulations, and match wax. The company's main products include liquefied petroleum gas, motor spirit, superior kerosene oil, high-speed diesel, fuel oil, hexane, and petrochemical feedstocks. A large majority of sales are derived from petroleum products.
66GF Score
Get the complete analysis for BOM:500110
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