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Bharat BijleeNSE:BBL -1.07%90 Net Current Asset Value is ₹238.72 as of Mar. 2026, which is 100% below its 10-year median of 4.57. GuruFocus rates NSE:BBL with a GF Score™ of 90/100 and a GF Value™ of ₹3,662.73 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,213 Industrial Products companies, Bharat Bijlee ranks worse than 74.79% 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).
Bharat Bijlee's net current asset value per share for the quarter that ended in Mar. 2026 was ₹238.72.
The historical rank and industry rank for Bharat Bijlee's Net Current Asset Value or its related term are showing as below:
NSE:BBL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.14 Med: 4.57 Max: 15.95
Current: 11.15
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bharat Bijlee was 15.95. The lowest was 1.14. And the median was 4.57.
NSE:BBL's Price-to-Net-Current-Asset-Value is ranked worse than 74.79% of 2213
companies
in the Industrial Products industry
Industry Median: 5.04
vs NSE:BBL: 11.15
Bharat Bijlee (NSE:BBL) 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.
Bharat Bijlee Net Current Asset Value Related Terms
Bharat Bijlee Net Current Asset Value Historical Data
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The historical data trend for Bharat Bijlee'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.
NSE:BBL vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Bharat Bijlee'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.
Bharat Bijlee Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bharat Bijlee's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Bharat Bijlee'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 ₹238.72 mean?
Bharat Bijlee (NSE:BBL) has a Net Current Asset Value of ₹238.72 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 Bharat Bijlee and its competitors. This is 5124% above median its historical median of 4.57. Over the past decade, Bharat Bijlee's Net Current Asset Value has ranged from 1.14 to 15.95. According to the industry distribution chart, Bharat Bijlee ranks #1655 out of 2213 companies in the Industrial Products industry, placing it in the top 74.8%.
Is Bharat Bijlee's Net Current Asset Value too high?
Bharat Bijlee's current Net Current Asset Value of ₹238.72 is 5124% above median its 10-year median of 4.57. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 15.95. Based on the distribution chart, Bharat Bijlee ranks #1655 out of 2213 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Bharat Bijlee has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Bijlee's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Bharat Bijlee ranks #1655 out of 2213 companies for Net Current Asset Value. This places Bharat Bijlee in the lower half of its industry. The industry median Net Current Asset Value is 5.04. Historically, Bharat Bijlee's own Net Current Asset Value has ranged from 1.14 to 15.95 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.04, based on 2,213 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 Bharat Bijlee and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Bijlee's current Net Current Asset Value is ₹238.72, which is 5124% above median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Bijlee stock overvalued right now?
Based on GuruFocus' analysis, Bharat Bijlee (NSE:BBL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,662.73, compared to a current price of ₹2,668.20 — trading 27.2% below its estimated fair value. The current Net Current Asset Value is ₹238.72, which is 5124% above median its 10-year median of 4.57. Bharat Bijlee's overall GF Score™ is 90/100 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 Bharat Bijlee (NSE:BBL), the current Net Current Asset Value is ₹238.72 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 Bharat Bijlee (NSE:BBL) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Bijlee stock appears to be undervalued.
The current stock price of ₹2,668.20 is trading 27.2% below its estimated GF Value™ of ₹3,662.73.
GuruFocus considers Bharat Bijlee to be Modestly Undervalued.
Key valuation signals for NSE:BBL:
Net Current Asset Value: ₹238.72 (5124% above median its 10-year median of 4.57)
GF Value™: ₹3,662.73 vs. price of ₹2,668.20 (27.2% below fair value)
No single metric tells the full story. See the NSE:BBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Bijlee Ltd offers electric motors and transformers. The company's operating business segments include Power Systems and Industrial Systems. The Power Systems segment, which generates maximum revenue, comprises the design, commissioning, and marketing of power transformers; EPC projects for electrical substations, including delivery, rectification, commissioning, and servicing of transformers, and marketing of maintenance products. The Industrial systems segment comprises the development, marketing, and manufacture of a wide range of standard and customized electric motors; magnet technology machines, and the engineering and supply of Drives and Automation systems. Geographically, it has a presence in India and Outside India, of which a majority of its revenue is derived from India.
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