Jhaveri Credits & Capital (BOM:531550) Net Current Asset Value: ₹89.55 (As of Mar. 2026) — 14825% 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:531550 Jhaveri Credits & Capital Ltd BOM:531550
50 GF Score
Price ₹184.25
GF Value ₹515.55
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Jhaveri Credits & Capital Net Current Asset Value?

Jhaveri Credits & Capital BOM:531550 -0.05% 50 Net Current Asset Value is ₹89.55 as of Mar. 2026, which is 100% below its 10-year median of 0.60. GuruFocus rates BOM:531550 with a GF Score™ of 50/100 and a GF Value™ of ₹515.55 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 502 Capital Markets companies, Jhaveri Credits & Capital ranks better than 59.76% 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).

Jhaveri Credits & Capital's net current asset value per share for the quarter that ended in Mar. 2026 was ₹89.55.

The historical rank and industry rank for Jhaveri Credits & Capital's Net Current Asset Value or its related term are showing as below:

BOM:531550' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.23   Med: 0.6   Max: 5.17
Current: 2.06

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Jhaveri Credits & Capital was 5.17. The lowest was 0.23. And the median was 0.60.

BOM:531550's Price-to-Net-Current-Asset-Value is ranked better than
59.76% of 502 companies
in the Capital Markets industry
Industry Median: 2.69 vs BOM:531550: 2.06

Jhaveri Credits & Capital  (BOM:531550) 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.


Jhaveri Credits & Capital Net Current Asset Value Related Terms


Jhaveri Credits & Capital Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Jhaveri Credits & Capital'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.

Jhaveri Credits & Capital Net Current Asset Value Chart

Jhaveri Credits & Capital 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 11.56 12.79 93.03 58.65 89.55

Jhaveri Credits & Capital 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 58.65 0.00 20.64 0.00 89.55

BOM:531550 vs MS, GS, SCHW: Net Current Asset Value Comparison

For the Capital Markets subindustry, Jhaveri Credits & Capital'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.


Jhaveri Credits & Capital Price-to-Net-Current-Asset-Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jhaveri Credits & Capital's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Jhaveri Credits & Capital's Price-to-Net-Current-Asset-Value falls into.


BOM:531550
50GF Score
Jhaveri Credits & Capital Ltd BOM:531550
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jhaveri Credits & Capital Net Current Asset Value Calculation

Jhaveri Credits & Capital'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)
=(1038.354-188.9-0-0)/9.486
=89.55

Jhaveri Credits & Capital'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)
=(1038.354-188.9-0-0)/9.486
=89.55

* 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 ₹89.55 mean?
Jhaveri Credits & Capital (BOM:531550) has a Net Current Asset Value of ₹89.55 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 Jhaveri Credits & Capital and its competitors. This is 14825% above median its historical median of 0.60. Over the past decade, Jhaveri Credits & Capital's Net Current Asset Value has ranged from 0.23 to 5.17. According to the industry distribution chart, Jhaveri Credits & Capital ranks #202 out of 502 companies in the Capital Markets industry, placing it in the top 40.2%.
Is Jhaveri Credits & Capital's Net Current Asset Value too high?
Jhaveri Credits & Capital's current Net Current Asset Value of ₹89.55 is 14825% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 5.17. Based on the distribution chart, Jhaveri Credits & Capital ranks #202 out of 502 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Jhaveri Credits & Capital has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jhaveri Credits & Capital's Net Current Asset Value compare to MS and GS?
According to the Capital Markets industry distribution chart, Jhaveri Credits & Capital ranks #202 out of 502 companies for Net Current Asset Value. This puts Jhaveri Credits & Capital in the upper half of its industry. The industry median Net Current Asset Value is 2.69. Historically, Jhaveri Credits & Capital's own Net Current Asset Value has ranged from 0.23 to 5.17 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 2.69, based on 502 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 Jhaveri Credits & Capital and its competitors. For the Capital Markets industry, the median Net Current Asset Value is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jhaveri Credits & Capital's current Net Current Asset Value is ₹89.55, which is 14825% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jhaveri Credits & Capital stock overvalued right now?
Based on GuruFocus' analysis, Jhaveri Credits & Capital (BOM:531550) is currently considered Possible Value Trap. The stock's GF Value™ is ₹515.55, compared to a current price of ₹184.25 — trading 64.3% below its estimated fair value. The current Net Current Asset Value is ₹89.55, which is 14825% above median its 10-year median of 0.60. Jhaveri Credits & Capital's overall GF Score™ is 50/100 with 6 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 Jhaveri Credits & Capital (BOM:531550), the current Net Current Asset Value is ₹89.55 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 Jhaveri Credits & Capital (BOM:531550) Overvalued in 2026?

Based on GuruFocus' analysis, Jhaveri Credits & Capital stock appears to be undervalued. The current stock price of ₹184.25 is trading 64.3% below its estimated GF Value™ of ₹515.55. GuruFocus considers Jhaveri Credits & Capital to be Possible Value Trap.

Key valuation signals for BOM:531550:

  • Net Current Asset Value: ₹89.55 (14825% above median its 10-year median of 0.60)
  • GF Value™: ₹515.55 vs. price of ₹184.25 (64.3% below fair value)
  • GF Score™: 50/100 with 6 warning signs

No single metric tells the full story. See the BOM:531550 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jhaveri Credits & Capital Business Description

Address 301, Payal Tower-II, Sayajigunj, Vadodara, GJ, IND, 390020
Jhaveri Credits & Capital Ltd operates as a stock broking houses in Gujarat. It provides broking platform on various exchanges to the clients for dealing in various Commodities traded on those exchanges in the present, spot and future dealings. Its financial and wealth management services include e-trading of the major shares in various sectors. It also offers other financial services such as Mutual funds, commodity trading, derivative trading, equity trading, and initial public offers. It operates in India.
50GF Score

Get the complete analysis for BOM:531550

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

₹184.25
Price
₹515.55
GF Value