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.
Aryaman Financial ServicesNSE:ARYAMAN 59 Net Current Asset Value is ₹18.30 as of Mar. 2026, which is 100% below its 10-year median of 11.73. GuruFocus rates NSE:ARYAMAN with a GF Score™ of 59/100 and a GF Value™ of ₹491.62 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 499 Capital Markets companies, Aryaman Financial Services ranks worse than 94.19% 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).
Aryaman Financial Services's net current asset value per share for the quarter that ended in Mar. 2026 was ₹18.30.
The historical rank and industry rank for Aryaman Financial Services's Net Current Asset Value or its related term are showing as below:
NSE:ARYAMAN'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.51 Med: 11.73 Max: 50.94
Current: 40.07
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Aryaman Financial Services was 50.94. The lowest was 1.51. And the median was 11.73.
NSE:ARYAMAN's Price-to-Net-Current-Asset-Value is ranked worse than 94.19% of 499
companies
in the Capital Markets industry
Industry Median: 2.73
vs NSE:ARYAMAN: 40.07
Aryaman Financial Services (NSE:ARYAMAN) 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.
Aryaman Financial Services Net Current Asset Value Related Terms
Aryaman Financial Services Net Current Asset Value Historical Data
* 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.
Aryaman Financial Services Net Current Asset Value Chart
NSE:ARYAMAN vs : Net Current Asset Value Comparison
For the Capital Markets subindustry, Aryaman Financial Services'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.
Aryaman Financial Services Price-to-Net-Current-Asset-Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Aryaman Financial Services's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Aryaman Financial Services'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 ₹18.30 mean?
Aryaman Financial Services (NSE:ARYAMAN) has a Net Current Asset Value of ₹18.30 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 Aryaman Financial Services and its competitors. This is 56% above median its historical median of 11.73. Over the past decade, Aryaman Financial Services' Net Current Asset Value has ranged from 1.51 to 50.94. According to the industry distribution chart, Aryaman Financial Services ranks #470 out of 499 companies in the Capital Markets industry, placing it in the top 94.2%.
Is Aryaman Financial Services' Net Current Asset Value too high?
Aryaman Financial Services' current Net Current Asset Value of ₹18.30 is 56% above median its 10-year median of 11.73. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 50.94. Based on the distribution chart, Aryaman Financial Services ranks #470 out of 499 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Aryaman Financial Services has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aryaman Financial Services' Net Current Asset Value compare to ?
According to the Capital Markets industry distribution chart, Aryaman Financial Services ranks #470 out of 499 companies for Net Current Asset Value. This places Aryaman Financial Services in the lower half of its industry. The industry median Net Current Asset Value is 2.73. Historically, Aryaman Financial Services' own Net Current Asset Value has ranged from 1.51 to 50.94 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 2.73, based on 499 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 Aryaman Financial Services and its competitors. For the Capital Markets industry, the median Net Current Asset Value is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aryaman Financial Services's current Net Current Asset Value is ₹18.30, which is 56% above median its own 10-year median of 11.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aryaman Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Aryaman Financial Services (NSE:ARYAMAN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹491.62, compared to a current price of ₹587.00 — trading 19.4% above its estimated fair value. The current Net Current Asset Value is ₹18.30, which is 56% above median its 10-year median of 11.73. Aryaman Financial Services' overall GF Score™ is 59/100 with 2 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 Aryaman Financial Services (NSE:ARYAMAN), the current Net Current Asset Value is ₹18.30 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 Aryaman Financial Services (NSE:ARYAMAN) Overvalued in 2026?
Based on GuruFocus' analysis, Aryaman Financial Services stock appears to be overvalued.
The current stock price of ₹587.00 is trading 19.4% above its estimated GF Value™ of ₹491.62.
GuruFocus considers Aryaman Financial Services to be Modestly Overvalued.
Key valuation signals for NSE:ARYAMAN:
Net Current Asset Value: ₹18.30 (56% above median its 10-year median of 11.73)
GF Value™: ₹491.62 vs. price of ₹587.00 (19.4% above fair value)
No single metric tells the full story. See the NSE:ARYAMAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aryaman Financial Services Ltd is engaged in the merchant banking business. The company is engaged in the business of management and syndication of small and medium-sized initial public offerings, rights issues, composite issues, venture capital funding, and others. The company generates its revenue from Fees & Commission income, Investment and Dividend income, and Sale of stock-in-trade.
59GF Score
Get the complete analysis for NSE:ARYAMAN
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
NSE:ARYAMAN has been successfully added to your 
