Lerthai Finance (BOM:502250) Net Current Asset Value: ₹93.96 (As of Mar. 2026) — 3064% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:502250 Lerthai Finance Ltd BOM:502250
35 GF Score
Price ₹511.50
! 2 Warning Signs
View Full Analysis

What is Lerthai Finance Net Current Asset Value?

Lerthai Finance BOM:502250 35 Net Current Asset Value is ₹93.96 as of Mar. 2026, which is 100% below its 10-year median of 2.97. GuruFocus rates BOM:502250 with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 375 Asset Management companies, Lerthai Finance ranks worse than 62.67% 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).

Lerthai Finance's net current asset value per share for the quarter that ended in Mar. 2026 was ₹93.96.

The historical rank and industry rank for Lerthai Finance's Net Current Asset Value or its related term are showing as below:

BOM:502250' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.52   Med: 2.97   Max: 18.47
Current: 5.44

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Lerthai Finance was 18.47. The lowest was 1.52. And the median was 2.97.

BOM:502250's Price-to-Net-Current-Asset-Value is ranked worse than
62.67% of 375 companies
in the Asset Management industry
Industry Median: 3.4 vs BOM:502250: 5.44

Lerthai Finance  (BOM:502250) 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 Graham’s 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.


Lerthai Finance Net Current Asset Value Related Terms


Lerthai Finance Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Lerthai Finance'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.

Lerthai Finance Net Current Asset Value Chart

Lerthai Finance Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.05 134.03 100.05 99.20 93.96

Lerthai Finance Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.20 98.41 96.91 95.56 93.96

BOM:502250 vs BLK, BX, KKR: Net Current Asset Value Comparison

For the Asset Management subindustry, Lerthai Finance'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.


Lerthai Finance Price-to-Net-Current-Asset-Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Lerthai Finance's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Lerthai Finance's Price-to-Net-Current-Asset-Value falls into.


BOM:502250
35GF Score
Lerthai Finance Ltd BOM:502250
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lerthai Finance Net Current Asset Value Calculation

Lerthai Finance's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(69.876-4.106-0-0)/0.700
=93.96

Lerthai Finance's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(69.876-4.106-0-0)/0.700
=93.96

* 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 ₹93.96 mean?
Lerthai Finance (BOM:502250) has a Net Current Asset Value of ₹93.96 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 Lerthai Finance and its competitors. This is 3064% above median its historical median of 2.97. Over the past decade, Lerthai Finance's Net Current Asset Value has ranged from 1.52 to 18.47. According to the industry distribution chart, Lerthai Finance ranks #235 out of 375 companies in the Asset Management industry, placing it in the top 62.7%.
Is Lerthai Finance's Net Current Asset Value too high?
Lerthai Finance's current Net Current Asset Value of ₹93.96 is 3064% above median its 10-year median of 2.97. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 18.47. Based on the distribution chart, Lerthai Finance ranks #235 out of 375 companies in the Asset Management industry, which is below the industry midpoint. Overall, Lerthai Finance has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Lerthai Finance's Net Current Asset Value compare to BLK and BX?
According to the Asset Management industry distribution chart, Lerthai Finance ranks #235 out of 375 companies for Net Current Asset Value. This places Lerthai Finance in the lower half of its industry. The industry median Net Current Asset Value is 3.40. Historically, Lerthai Finance's own Net Current Asset Value has ranged from 1.52 to 18.47 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 Asset Management company?
The median Net Current Asset Value among Asset Management companies is 3.40, based on 375 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 Lerthai Finance and its competitors. For the Asset Management industry, the median Net Current Asset Value is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lerthai Finance's current Net Current Asset Value is ₹93.96, which is 3064% above median its own 10-year median of 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lerthai Finance stock overvalued right now?
Lerthai Finance (BOM:502250) has a current Net Current Asset Value of ₹93.96. The current Net Current Asset Value is ₹93.96, which is 3064% above median its 10-year median of 2.97. Lerthai Finance's overall GF Score™ is 35/100 with 2 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 Lerthai Finance (BOM:502250), the current Net Current Asset Value is ₹93.96 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.

Lerthai Finance Business Description

Address Mahatma Gandhi Road, Office No. 312/313, Third Floor, Barton Centre, Bengaluru, KA, IND, 560 001
Lerthai Finance Ltd is an Indian company engaged in the business activity of financing and investment. Geographically the company operates only in India.
35GF Score

Get the complete analysis for BOM:502250

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹511.50
Price