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V B Desai Financial ServicesBOM:511110 -0.06%65 Net Current Asset Value is ₹4.28 as of Mar. 2026, which is 100% below its 10-year median of 13.04. GuruFocus rates BOM:511110 with a GF Score™ of 65/100 and a GF Value™ of ₹19.07 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 503 Capital Markets companies, V B Desai Financial Services ranks worse than 58.45% 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).
V B Desai Financial Services's net current asset value per share for the quarter that ended in Mar. 2026 was ₹4.28.
The historical rank and industry rank for V B Desai Financial Services's Net Current Asset Value or its related term are showing as below:
BOM:511110'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.06 Med: 13.04 Max: 42.59
Current: 3.97
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of V B Desai Financial Services was 42.59. The lowest was 3.06. And the median was 13.04.
BOM:511110's Price-to-Net-Current-Asset-Value is ranked worse than 58.45% of 503
companies
in the Capital Markets industry
Industry Median: 2.7
vs BOM:511110: 3.97
V B Desai Financial Services (BOM:511110) 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.
V B Desai Financial Services Net Current Asset Value Related Terms
V B Desai Financial Services Net Current Asset Value Historical Data
* 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.
V B Desai Financial Services Net Current Asset Value Chart
BOM:511110 vs MS, GS, SCHW: Net Current Asset Value Comparison
For the Capital Markets subindustry, V B Desai Financial Services'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.
V B Desai Financial Services Price-to-Net-Current-Asset-Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, V B Desai Financial Services's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where V B Desai Financial Services'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 ₹4.28 mean?
V B Desai Financial Services (BOM:511110) has a Net Current Asset Value of ₹4.28 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 V B Desai Financial Services and its competitors. This is 67% below median its historical median of 13.04. Over the past decade, V B Desai Financial Services' Net Current Asset Value has ranged from 3.06 to 42.59. According to the industry distribution chart, V B Desai Financial Services ranks #294 out of 503 companies in the Capital Markets industry, placing it in the top 58.4%.
Is V B Desai Financial Services' Net Current Asset Value too high?
V B Desai Financial Services' current Net Current Asset Value of ₹4.28 is 67% below median its 10-year median of 13.04. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 42.59. Based on the distribution chart, V B Desai Financial Services ranks #294 out of 503 companies in the Capital Markets industry, which is below the industry midpoint. Overall, V B Desai Financial Services has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does V B Desai Financial Services' Net Current Asset Value compare to MS and GS?
According to the Capital Markets industry distribution chart, V B Desai Financial Services ranks #294 out of 503 companies for Net Current Asset Value. This places V B Desai Financial Services in the lower half of its industry. The industry median Net Current Asset Value is 2.70. Historically, V B Desai Financial Services' own Net Current Asset Value has ranged from 3.06 to 42.59 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 Capital Markets company?
The median Net Current Asset Value among Capital Markets companies is 2.70, based on 503 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 V B Desai Financial Services and its competitors. For the Capital Markets industry, the median Net Current Asset Value is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V B Desai Financial Services's current Net Current Asset Value is ₹4.28, which is 67% below median its own 10-year median of 13.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V B Desai Financial Services stock overvalued right now?
Based on GuruFocus' analysis, V B Desai Financial Services (BOM:511110) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹19.07, compared to a current price of ₹17.00 — trading 10.9% below its estimated fair value. The current Net Current Asset Value is ₹4.28, which is 67% below median its 10-year median of 13.04. V B Desai Financial Services' overall GF Score™ is 65/100 with 3 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 V B Desai Financial Services (BOM:511110), the current Net Current Asset Value is ₹4.28 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 V B Desai Financial Services (BOM:511110) Overvalued in 2026?
Based on GuruFocus' analysis, V B Desai Financial Services stock appears to be undervalued.
The current stock price of ₹17.00 is trading 10.9% below its estimated GF Value™ of ₹19.07.
GuruFocus considers V B Desai Financial Services to be Modestly Undervalued.
Key valuation signals for BOM:511110:
Net Current Asset Value: ₹4.28 (67% below median its 10-year median of 13.04)
GF Value™: ₹19.07 vs. price of ₹17.00 (10.9% below fair value)
No single metric tells the full story. See the BOM:511110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V B Desai Financial Services Ltd is an Indian company providing merchant banking services. The company is engaged in offering financial and advisory services. It provides services like Share Valuation, (Employee Stock Option Plan) ESOP Valuation, ESOP Advisory, merger and acquisition, to act as Manager in Buyback of shares and Acquisition, Takeover of Listed Companies and Initial Public Offerings, etc. The Company has one segment which is Merchant Banking and financial services.
65GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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