Virat Leasing (BOM:539167) Net Current Asset Value: ₹3.45 (As of Mar. 2026) — 190% Above Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:539167 Virat Leasing Ltd BOM:539167
51 GF Score
Price ₹54.15
GF Value ₹41.40
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Virat Leasing Net Current Asset Value?

Virat Leasing BOM:539167 51 Net Current Asset Value is ₹3.45 as of Mar. 2026, which is 100% below its 10-year median of 1.19. GuruFocus rates BOM:539167 with a GF Score™ of 51/100 and a GF Value™ of ₹41.40 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 501 Capital Markets companies, Virat Leasing ranks worse than 87.03% 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).

Virat Leasing's net current asset value per share for the quarter that ended in Mar. 2026 was ₹3.45.

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

BOM:539167' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.13   Med: 1.19   Max: 17.9
Current: 15.7

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Virat Leasing was 17.90. The lowest was 1.13. And the median was 1.19.

BOM:539167's Price-to-Net-Current-Asset-Value is ranked worse than
87.03% of 501 companies
in the Capital Markets industry
Industry Median: 2.68 vs BOM:539167: 15.70

Virat Leasing  (BOM:539167) 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.


Virat Leasing Net Current Asset Value Related Terms


Virat Leasing Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Virat Leasing'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.

Virat Leasing Net Current Asset Value Chart

Virat Leasing 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 5.29 5.52 5.67 5.36 3.45

Virat Leasing 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 5.36 0.00 2.98 0.00 3.45

BOM:539167 vs MS, GS, SCHW: Net Current Asset Value Comparison

For the Capital Markets subindustry, Virat Leasing'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.


Virat Leasing Price-to-Net-Current-Asset-Value vs Capital Markets Industry

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

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


BOM:539167
51GF Score
Virat Leasing Ltd BOM:539167
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Virat Leasing Net Current Asset Value Calculation

Virat Leasing'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)
=(103.848-14.227-0-0)/25.961
=3.45

Virat Leasing'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)
=(103.848-14.227-0-0)/25.961
=3.45

* 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 ₹3.45 mean?
Virat Leasing (BOM:539167) has a Net Current Asset Value of ₹3.45 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 Virat Leasing and its competitors. This is 190% above median its historical median of 1.19. Over the past decade, Virat Leasing's Net Current Asset Value has ranged from 1.13 to 17.90. According to the industry distribution chart, Virat Leasing ranks #436 out of 501 companies in the Capital Markets industry, placing it in the top 87%.
Is Virat Leasing's Net Current Asset Value too high?
Virat Leasing's current Net Current Asset Value of ₹3.45 is 190% above median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 17.90. Based on the distribution chart, Virat Leasing ranks #436 out of 501 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Virat Leasing has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Virat Leasing's Net Current Asset Value compare to MS and GS?
According to the Capital Markets industry distribution chart, Virat Leasing ranks #436 out of 501 companies for Net Current Asset Value. This places Virat Leasing in the lower half of its industry. The industry median Net Current Asset Value is 2.68. Historically, Virat Leasing's own Net Current Asset Value has ranged from 1.13 to 17.90 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 2.68, based on 501 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 Virat Leasing and its competitors. For the Capital Markets industry, the median Net Current Asset Value is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virat Leasing's current Net Current Asset Value is ₹3.45, which is 190% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virat Leasing stock overvalued right now?
Based on GuruFocus' analysis, Virat Leasing (BOM:539167) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹41.40, compared to a current price of ₹54.15 — trading 30.8% above its estimated fair value. The current Net Current Asset Value is ₹3.45, which is 190% above median its 10-year median of 1.19. Virat Leasing's overall GF Score™ is 51/100 with 7 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 Virat Leasing (BOM:539167), the current Net Current Asset Value is ₹3.45 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 Virat Leasing (BOM:539167) Overvalued in 2026?

Based on GuruFocus' analysis, Virat Leasing stock appears to be overvalued. The current stock price of ₹54.15 is trading 30.8% above its estimated GF Value™ of ₹41.40. GuruFocus considers Virat Leasing to be Significantly Overvalued.

Key valuation signals for BOM:539167:

  • Net Current Asset Value: ₹3.45 (190% above median its 10-year median of 1.19)
  • GF Value™: ₹41.40 vs. price of ₹54.15 (30.8% above fair value)
  • GF Score™: 51/100 with 7 warning signs

No single metric tells the full story. See the BOM:539167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Virat Leasing Business Description

Address Bentinck Street, 3, Jajodia Tower, 4th Floor, Room No. D-8, Kolkata, WB, IND, 700001
Virat Leasing Ltd is an Indian non-banking financial company providing financial services. It offers margin funding and loans against securities, invests in and trades shares and securities, and offers shares to individuals and corporate entities. The company generates revenue from interest on loans. It operates in a single segment, Financing and Investment Activities.
51GF Score

Get the complete analysis for BOM:539167

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

₹54.15
Price
₹41.40
GF Value