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.
Carborundum UniversalBOM:513375 +0.35%90 Net Current Asset Value is ₹76.12 as of Mar. 2026, which is 100% below its 10-year median of 11.65. GuruFocus rates BOM:513375 with a GF Score™ of 90/100 and a GF Value™ of ₹1,262.54 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 214 Conglomerates companies, Carborundum Universal ranks worse than 78.97% 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).
Carborundum Universal's net current asset value per share for the quarter that ended in Mar. 2026 was ₹76.12.
The historical rank and industry rank for Carborundum Universal's Net Current Asset Value or its related term are showing as below:
BOM:513375'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.59 Med: 11.65 Max: 21.99
Current: 14.22
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Carborundum Universal was 21.99. The lowest was 4.59. And the median was 11.65.
BOM:513375's Price-to-Net-Current-Asset-Value is ranked worse than 78.97% of 214
companies
in the Conglomerates industry
Industry Median: 4.33
vs BOM:513375: 14.22
Carborundum Universal (BOM:513375) 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.
Carborundum Universal Net Current Asset Value Related Terms
Carborundum Universal Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Carborundum Universal'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.
Carborundum Universal Net Current Asset Value Chart
BOM:513375 vs MMM, HON: Net Current Asset Value Comparison
For the Conglomerates subindustry, Carborundum Universal'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.
Carborundum Universal Price-to-Net-Current-Asset-Value vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Carborundum Universal's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Carborundum Universal'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 ₹76.12 mean?
Carborundum Universal (BOM:513375) has a Net Current Asset Value of ₹76.12 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 Carborundum Universal and its competitors. This is 553% above median its historical median of 11.65. Over the past decade, Carborundum Universal's Net Current Asset Value has ranged from 4.59 to 21.99. According to the industry distribution chart, Carborundum Universal ranks #169 out of 214 companies in the Conglomerates industry, placing it in the top 79%.
Is Carborundum Universal's Net Current Asset Value too high?
Carborundum Universal's current Net Current Asset Value of ₹76.12 is 553% above median its 10-year median of 11.65. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 21.99. Based on the distribution chart, Carborundum Universal ranks #169 out of 214 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Carborundum Universal has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carborundum Universal's Net Current Asset Value compare to MMM and HON?
According to the Conglomerates industry distribution chart, Carborundum Universal ranks #169 out of 214 companies for Net Current Asset Value. This places Carborundum Universal in the lower half of its industry. The industry median Net Current Asset Value is 4.33. Historically, Carborundum Universal's own Net Current Asset Value has ranged from 4.59 to 21.99 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 Conglomerates company?
The median Net Current Asset Value among Conglomerates companies is 4.33, based on 214 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 Carborundum Universal and its competitors. For the Conglomerates industry, the median Net Current Asset Value is 4.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carborundum Universal's current Net Current Asset Value is ₹76.12, which is 553% above median its own 10-year median of 11.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carborundum Universal stock overvalued right now?
Based on GuruFocus' analysis, Carborundum Universal (BOM:513375) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,262.54, compared to a current price of ₹1,082.05 — trading 14.3% below its estimated fair value. The current Net Current Asset Value is ₹76.12, which is 553% above median its 10-year median of 11.65. Carborundum Universal's overall GF Score™ is 90/100 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 Carborundum Universal (BOM:513375), the current Net Current Asset Value is ₹76.12 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 Carborundum Universal (BOM:513375) Overvalued in 2026?
Based on GuruFocus' analysis, Carborundum Universal stock appears to be undervalued.
The current stock price of ₹1,082.05 is trading 14.3% below its estimated GF Value™ of ₹1,262.54.
GuruFocus considers Carborundum Universal to be Modestly Undervalued.
Key valuation signals for BOM:513375:
Net Current Asset Value: ₹76.12 (553% above median its 10-year median of 11.65)
GF Value™: ₹1,262.54 vs. price of ₹1,082.05 (14.3% below fair value)
No single metric tells the full story. See the BOM:513375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carborundum Universal Ltd is an investment holding company. Along with its subsidiaries, it mainly provides solutions predominantly for industrial manufacturing needs by developing, manufacturing, and marketing products using the properties of materials known as electrominerals. The company's reportable business segments are; Surface engineering (material removal, cutting, polishing) known as Abrasives; Ceramics; Electrominerals; Power; IT services; and others. Maximum revenue is derived from the Abrasives segment which is comprised of bonded, coated, processed cloth, polymers, power tools, and coolants. The company generates maximum revenue through exports and the rest from its business in India.
90GF Score
Get the complete analysis for BOM:513375
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:513375 has been successfully added to your 
