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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).
TGB Banquets & Hotels's net current asset value per share for the quarter that ended in Jun. 2026 was ₹0.00.
The historical rank and industry rank for TGB Banquets & Hotels's Net Current Asset Value or its related term are showing as below:
BOM:532845'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.29 Med: 0.63 Max: 1.82
Current: 0.54
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of TGB Banquets & Hotels was 1.82. The lowest was 0.29. And the median was 0.63.
BOM:532845's Price-to-Net-Current-Asset-Value is ranked better than 96.15% of 312
companies
in the Travel & Leisure industry
Industry Median: 4.035
vs BOM:532845: 0.54
TGB Banquets & Hotels (BOM:532845) 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.
TGB Banquets & Hotels Net Current Asset Value Related Terms
TGB Banquets & Hotels Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for TGB Banquets & Hotels'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.
TGB Banquets & Hotels Net Current Asset Value Chart
BOM:532845 vs MAR, HLT, H: Net Current Asset Value Comparison
For the Lodging subindustry, TGB Banquets & Hotels'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.
TGB Banquets & Hotels Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, TGB Banquets & Hotels's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where TGB Banquets & Hotels'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 ₹0.00 mean?
TGB Banquets & Hotels (BOM:532845) has a Net Current Asset Value of ₹0.00 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on TGB Banquets & Hotels and its competitors. Over the past decade, TGB Banquets & Hotels' Net Current Asset Value has ranged from 0.29 to 1.82. According to the industry distribution chart, TGB Banquets & Hotels ranks #12 out of 312 companies in the Travel & Leisure industry, placing it in the top 3.8%.
Is TGB Banquets & Hotels' Net Current Asset Value too high?
TGB Banquets & Hotels' current Net Current Asset Value is ₹0.00. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.82. Based on the distribution chart, TGB Banquets & Hotels ranks #12 out of 312 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, TGB Banquets & Hotels has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TGB Banquets & Hotels' Net Current Asset Value compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, TGB Banquets & Hotels ranks #12 out of 312 companies for Net Current Asset Value. This places TGB Banquets & Hotels in the top 4% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.04. Historically, TGB Banquets & Hotels' own Net Current Asset Value has ranged from 0.29 to 1.82 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.04, based on 312 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 TGB Banquets & Hotels and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TGB Banquets & Hotels's current Net Current Asset Value is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGB Banquets & Hotels stock overvalued right now?
Based on GuruFocus' analysis, TGB Banquets & Hotels (BOM:532845) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹12.25, compared to a current price of ₹9.70 — trading 20.8% below its estimated fair value. The current Net Current Asset Value is ₹0.00. TGB Banquets & Hotels' overall GF Score™ is 64/100 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 TGB Banquets & Hotels (BOM:532845), the current Net Current Asset Value is ₹0.00 as of Jun. 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 TGB Banquets & Hotels (BOM:532845) Overvalued in 2026?
Based on GuruFocus' analysis, TGB Banquets & Hotels stock appears to be undervalued.
The current stock price of ₹9.70 is trading 20.8% below its estimated GF Value™ of ₹12.25.
GuruFocus considers TGB Banquets & Hotels to be Modestly Undervalued.
Key valuation signals for BOM:532845:
Net Current Asset Value: ₹0.00
GF Value™: ₹12.25 vs. price of ₹9.70 (20.8% below fair value)
No single metric tells the full story. See the BOM:532845 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TGB Banquets & Hotels Ltd is an Indian company engaged in the lodging business sector. The firm operates hotels, restaurants, and banquets. It operates under the brand name The Grand Bhagwati, also known as TGB in India. Other activities of the company include the provision of catering services. It derives revenue from rooms, food and beverages, and allied services relating to hotel operations.
64GF Score
Get the complete analysis for BOM:532845
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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