Ranjit Securities (BOM:531572) Net Current Asset Value: ₹21.34 (As of Mar. 2026) — 28% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:531572 Ranjit Securities Ltd BOM:531572
25 GF Score
Price ₹60.74
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What is Ranjit Securities Net Current Asset Value?

Ranjit Securities BOM:531572 +4.60% 25 Net Current Asset Value is ₹21.34 as of Mar. 2026, which is 100% below its 10-year median of 29.52. GuruFocus rates BOM:531572 with a GF Score™ of 25/100. Among 277 Credit Services companies, Ranjit Securities ranks worse than 59.93% 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).

Ranjit Securities's net current asset value per share for the quarter that ended in Mar. 2026 was ₹21.34.

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

BOM:531572' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.59   Med: 29.52   Max: 61.73
Current: 2.85

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ranjit Securities was 61.73. The lowest was 2.59. And the median was 29.52.

BOM:531572's Price-to-Net-Current-Asset-Value is ranked worse than
59.93% of 277 companies
in the Credit Services industry
Industry Median: 2.11 vs BOM:531572: 2.85

Ranjit Securities  (BOM:531572) 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.


Ranjit Securities Net Current Asset Value Related Terms


Ranjit Securities Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Ranjit Securities'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.

Ranjit Securities Net Current Asset Value Chart

Ranjit Securities 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 14.53 15.93 16.34 16.07 21.34

Ranjit Securities 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 16.07 0.00 17.95 0.00 21.34

BOM:531572 vs V, MA, AXP: Net Current Asset Value Comparison

For the Credit Services subindustry, Ranjit Securities'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.


Ranjit Securities Price-to-Net-Current-Asset-Value vs Credit Services Industry

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

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


BOM:531572
25GF Score
Ranjit Securities Ltd BOM:531572
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Ranjit Securities Net Current Asset Value Calculation

Ranjit Securities'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)
=(59.377-2.023-0-0)/2.687
=21.34

Ranjit Securities'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)
=(59.377-2.023-0-0)/2.687
=21.34

* 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 ₹21.34 mean?
Ranjit Securities (BOM:531572) has a Net Current Asset Value of ₹21.34 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 Ranjit Securities and its competitors. This is 28% below median its historical median of 29.52. Over the past decade, Ranjit Securities' Net Current Asset Value has ranged from 2.59 to 61.73. According to the industry distribution chart, Ranjit Securities ranks #166 out of 277 companies in the Credit Services industry, placing it in the top 59.9%.
Is Ranjit Securities' Net Current Asset Value too high?
Ranjit Securities' current Net Current Asset Value of ₹21.34 is 28% below median its 10-year median of 29.52. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 61.73. Based on the distribution chart, Ranjit Securities ranks #166 out of 277 companies in the Credit Services industry, which is below the industry midpoint. Overall, Ranjit Securities has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Ranjit Securities' Net Current Asset Value compare to V and MA?
According to the Credit Services industry distribution chart, Ranjit Securities ranks #166 out of 277 companies for Net Current Asset Value. This places Ranjit Securities in the lower half of its industry. The industry median Net Current Asset Value is 2.11. Historically, Ranjit Securities' own Net Current Asset Value has ranged from 2.59 to 61.73 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 Credit Services company?
The median Net Current Asset Value among Credit Services companies is 2.11, based on 277 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 Ranjit Securities and its competitors. For the Credit Services industry, the median Net Current Asset Value is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ranjit Securities's current Net Current Asset Value is ₹21.34, which is 28% below median its own 10-year median of 29.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ranjit Securities stock overvalued right now?
Ranjit Securities (BOM:531572) has a current Net Current Asset Value of ₹21.34. The current Net Current Asset Value is ₹21.34, which is 28% below median its 10-year median of 29.52. Ranjit Securities' overall GF Score™ is 25/100. 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 Ranjit Securities (BOM:531572), the current Net Current Asset Value is ₹21.34 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.

Ranjit Securities Business Description

Address 317-318 Transport Nagar, Scheme No. 44, Indore, MP, IND, 452014
Ranjit Securities Ltd is an India-based company. It is a non-banking financial company. It is in the business of financial services like hire purchase, micro-financing, personal loans, business loans, and mortgage loans. It receives maximum revenue in the form of interest. It operates only in India. The company's operations are in a single segment: Finance Activities.
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹60.74
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