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Rainbow FoundationsBOM:531694 -1.32%58 Net Current Asset Value is ₹15.92 as of Mar. 2026, which is 100% below its 10-year median of 0.64. GuruFocus rates BOM:531694 with a GF Score™ of 58/100 and a GF Value™ of ₹47.82 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 759 Real Estate companies, Rainbow Foundations ranks worse than 55.99% 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).
Rainbow Foundations's net current asset value per share for the quarter that ended in Mar. 2026 was ₹15.92.
The historical rank and industry rank for Rainbow Foundations's Net Current Asset Value or its related term are showing as below:
BOM:531694'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.13 Med: 0.64 Max: 2.67
Current: 2.44
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Rainbow Foundations was 2.67. The lowest was 0.13. And the median was 0.64.
BOM:531694's Price-to-Net-Current-Asset-Value is ranked worse than 55.99% of 759
companies
in the Real Estate industry
Industry Median: 2.21
vs BOM:531694: 2.44
Rainbow Foundations (BOM:531694) 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.
Rainbow Foundations Net Current Asset Value Related Terms
Rainbow Foundations Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Rainbow Foundations'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.
BOM:531694 vs CBRE, BEKE, JLL: Net Current Asset Value Comparison
For the Real Estate Services subindustry, Rainbow Foundations'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.
Rainbow Foundations Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Rainbow Foundations's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Rainbow Foundations'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 ₹15.92 mean?
Rainbow Foundations (BOM:531694) has a Net Current Asset Value of ₹15.92 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 Rainbow Foundations and its competitors. This is 2388% above median its historical median of 0.64. Over the past decade, Rainbow Foundations' Net Current Asset Value has ranged from 0.13 to 2.67. According to the industry distribution chart, Rainbow Foundations ranks #425 out of 759 companies in the Real Estate industry, placing it in the top 56%.
Is Rainbow Foundations' Net Current Asset Value too high?
Rainbow Foundations' current Net Current Asset Value of ₹15.92 is 2388% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 2.67. Based on the distribution chart, Rainbow Foundations ranks #425 out of 759 companies in the Real Estate industry, which is below the industry midpoint. Overall, Rainbow Foundations has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rainbow Foundations' Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Rainbow Foundations ranks #425 out of 759 companies for Net Current Asset Value. This places Rainbow Foundations in the lower half of its industry. The industry median Net Current Asset Value is 2.21. Historically, Rainbow Foundations' own Net Current Asset Value has ranged from 0.13 to 2.67 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.21, based on 759 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 Rainbow Foundations and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rainbow Foundations's current Net Current Asset Value is ₹15.92, which is 2388% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rainbow Foundations stock overvalued right now?
Based on GuruFocus' analysis, Rainbow Foundations (BOM:531694) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹47.82, compared to a current price of ₹38.92 — trading 18.6% below its estimated fair value. The current Net Current Asset Value is ₹15.92, which is 2388% above median its 10-year median of 0.64. Rainbow Foundations' overall GF Score™ is 58/100 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 Rainbow Foundations (BOM:531694), the current Net Current Asset Value is ₹15.92 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 Rainbow Foundations (BOM:531694) Overvalued in 2026?
Based on GuruFocus' analysis, Rainbow Foundations stock appears to be undervalued.
The current stock price of ₹38.92 is trading 18.6% below its estimated GF Value™ of ₹47.82.
GuruFocus considers Rainbow Foundations to be Modestly Undervalued.
Key valuation signals for BOM:531694:
Net Current Asset Value: ₹15.92 (2388% above median its 10-year median of 0.64)
GF Value™: ₹47.82 vs. price of ₹38.92 (18.6% below fair value)
No single metric tells the full story. See the BOM:531694 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rainbow Foundations Ltd is engaged in real estate development, focused on residential and commercial property projects in India. The company undertakes construction and development of real estate properties, delivering completed projects to customers. It generates revenue through sales and leasing of developed properties, operating principally in the Indian real estate market with ongoing project executions and new developments. The company's operations involve land acquisition, construction, and property sales services.
58GF 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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