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.
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.
AIK Pipes And PolymersBOM:544072 +4.98%30 Net Current Asset Value is ₹21.36 as of Mar. 2026, which is 100% below its 10-year median of 3.67. GuruFocus rates BOM:544072 with a GF Score™ of 30/100. The stock has 7 warning signs investors should review. Among 1,063 Construction companies, AIK Pipes And Polymers ranks better than 81.19% 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).
AIK Pipes And Polymers's net current asset value per share for the quarter that ended in Mar. 2026 was ₹21.36.
The historical rank and industry rank for AIK Pipes And Polymers's Net Current Asset Value or its related term are showing as below:
BOM:544072'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.9 Med: 3.67 Max: 6.03
Current: 1.31
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of AIK Pipes And Polymers was 6.03. The lowest was 0.90. And the median was 3.67.
BOM:544072's Price-to-Net-Current-Asset-Value is ranked better than 81.19% of 1063
companies
in the Construction industry
Industry Median: 3.21
vs BOM:544072: 1.31
AIK Pipes And Polymers (BOM:544072) 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.
AIK Pipes And Polymers Net Current Asset Value Related Terms
AIK Pipes And Polymers Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for AIK Pipes And Polymers'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.
AIK Pipes And Polymers Net Current Asset Value Chart
BOM:544072 vs TT, JCI, CARR: Net Current Asset Value Comparison
For the Building Products & Equipment subindustry, AIK Pipes And Polymers'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.
AIK Pipes And Polymers Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, AIK Pipes And Polymers's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where AIK Pipes And Polymers'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 ₹21.36 mean?
AIK Pipes And Polymers (BOM:544072) has a Net Current Asset Value of ₹21.36 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 AIK Pipes And Polymers and its competitors. This is 482% above median its historical median of 3.67. Over the past decade, AIK Pipes And Polymers' Net Current Asset Value has ranged from 0.90 to 6.03. According to the industry distribution chart, AIK Pipes And Polymers ranks #200 out of 1063 companies in the Construction industry, placing it in the top 18.8%.
Is AIK Pipes And Polymers' Net Current Asset Value too high?
AIK Pipes And Polymers' current Net Current Asset Value of ₹21.36 is 482% above median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 6.03. Based on the distribution chart, AIK Pipes And Polymers ranks #200 out of 1063 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, AIK Pipes And Polymers has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does AIK Pipes And Polymers' Net Current Asset Value compare to TT and JCI?
According to the Construction industry distribution chart, AIK Pipes And Polymers ranks #200 out of 1063 companies for Net Current Asset Value. This places AIK Pipes And Polymers in the top 19% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.21. Historically, AIK Pipes And Polymers' own Net Current Asset Value has ranged from 0.90 to 6.03 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.21, based on 1,063 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 AIK Pipes And Polymers and its competitors. For the Construction industry, the median Net Current Asset Value is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIK Pipes And Polymers's current Net Current Asset Value is ₹21.36, which is 482% above median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIK Pipes And Polymers stock overvalued right now?
AIK Pipes And Polymers (BOM:544072) has a current Net Current Asset Value of ₹21.36. The current Net Current Asset Value is ₹21.36, which is 482% above median its 10-year median of 3.67. AIK Pipes And Polymers' overall GF Score™ is 30/100 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 AIK Pipes And Polymers (BOM:544072), the current Net Current Asset Value is ₹21.36 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.
AIK Pipes And Polymers Ltd is engaged in the manufacturing of a comprehensive range of HDPE (High density polyethylene) pipes, HDPE Fittings, MDPE (Medium density polyethylene) Pipes, and PPR (Polypropylene random) Pipes for water distribution, agriculture, housing and infrastructure, telecommunication, gas transmission, and sewerage systems.
30GF Score
Get the complete analysis for BOM:544072
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:544072 has been successfully added to your 
