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Shivam ChemicalsBOM:544165 +19.66%39 Net Current Asset Value is ₹15.28 as of Mar. 2026. GuruFocus rates BOM:544165 with a GF Score™ of 39/100. The stock has 6 warning signs investors should review. Among 962 Chemicals companies, Shivam Chemicals ranks worse than 50.1% 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).
Shivam Chemicals's net current asset value per share for the quarter that ended in Mar. 2026 was ₹15.28.
The historical rank and industry rank for Shivam Chemicals's Net Current Asset Value or its related term are showing as below:
BOM:544165'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.13 Med: 6.99 Max: 7.87
Current: 6.14
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Shivam Chemicals was 7.87. The lowest was 5.13. And the median was 6.99.
BOM:544165's Price-to-Net-Current-Asset-Value is ranked worse than 50.1% of 962
companies
in the Chemicals industry
Industry Median: 5.11
vs BOM:544165: 6.14
Shivam Chemicals (BOM:544165) 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.
Shivam Chemicals Net Current Asset Value Related Terms
Shivam Chemicals Net Current Asset Value Historical Data
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The historical data trend for Shivam Chemicals'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:544165 vs DOW: Net Current Asset Value Comparison
For the Chemicals subindustry, Shivam Chemicals'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.
Shivam Chemicals Price-to-Net-Current-Asset-Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shivam Chemicals's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Shivam Chemicals'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 ₹15.28 mean?
Shivam Chemicals (BOM:544165) has a Net Current Asset Value of ₹15.28 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 Shivam Chemicals and its competitors. According to the industry distribution chart, Shivam Chemicals ranks #482 out of 962 companies in the Chemicals industry, placing it in the top 50.1%.
Is Shivam Chemicals' Net Current Asset Value too high?
Shivam Chemicals' current Net Current Asset Value is ₹15.28. Based on the distribution chart, Shivam Chemicals ranks #482 out of 962 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shivam Chemicals has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Shivam Chemicals' Net Current Asset Value compare to DOW?
According to the Chemicals industry distribution chart, Shivam Chemicals ranks #482 out of 962 companies for Net Current Asset Value. This places Shivam Chemicals in the lower half of its industry. The industry median Net Current Asset Value is 5.11. 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 Chemicals company?
The median Net Current Asset Value among Chemicals companies is 5.11, based on 962 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 Shivam Chemicals and its competitors. For the Chemicals industry, the median Net Current Asset Value is 5.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivam Chemicals's current Net Current Asset Value is ₹15.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivam Chemicals stock overvalued right now?
Shivam Chemicals (BOM:544165) has a current Net Current Asset Value of ₹15.28. The current Net Current Asset Value is ₹15.28. Shivam Chemicals' overall GF Score™ is 39/100 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 Shivam Chemicals (BOM:544165), the current Net Current Asset Value is ₹15.28 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.
Shivam Chemicals Ltd is a manufacturer of Hydrated Lime (Calcium Hydroxide) and Trading & Distribution of feed supplements and allied products.. Its products include Poultry feed supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, etc.
39GF Score
Get the complete analysis for BOM:544165
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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