Classic Electrodes (India)NSE:CLASSICEIL +3.79%15 Net Current Asset Value is ₹33.33 as of Mar. 2026, which is 100% below its 10-year median of 1.08. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 15/100. Among 2,215 Industrial Products companies, Classic Electrodes (India) ranks better than 86.59% 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).
Classic Electrodes (India)'s net current asset value per share for the quarter that ended in Mar. 2026 was ₹33.33.
The historical rank and industry rank for Classic Electrodes (India)'s Net Current Asset Value or its related term are showing as below:
NSE:CLASSICEIL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.08 Med: 1.08 Max: 1.56
Current: 1.56
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Classic Electrodes (India) was 1.56. The lowest was 1.08. And the median was 1.08.
NSE:CLASSICEIL's Price-to-Net-Current-Asset-Value is ranked better than 86.59% of 2215
companies
in the Industrial Products industry
Industry Median: 5.28
vs NSE:CLASSICEIL: 1.56
Classic Electrodes (India) (NSE:CLASSICEIL) 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.
Classic Electrodes (India) Net Current Asset Value Related Terms
Classic Electrodes (India) 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.
Classic Electrodes (India) Net Current Asset Value Chart
NSE:CLASSICEIL vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Classic Electrodes (India)'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.
Classic Electrodes (India) Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Classic Electrodes (India)'s Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Classic Electrodes (India)'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 ₹33.33 mean?
Classic Electrodes (India) (NSE:CLASSICEIL) has a Net Current Asset Value of ₹33.33 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 Classic Electrodes (India) and its competitors. This is 2986% above median its historical median of 1.08. Over the past decade, Classic Electrodes (India)'s Net Current Asset Value has ranged from 1.08 to 1.56. According to the industry distribution chart, Classic Electrodes (India) ranks #297 out of 2215 companies in the Industrial Products industry, placing it in the top 13.4%.
Is Classic Electrodes (India)'s Net Current Asset Value too high?
Classic Electrodes (India)'s current Net Current Asset Value of ₹33.33 is 2986% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 1.56. Based on the distribution chart, Classic Electrodes (India) ranks #297 out of 2215 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Classic Electrodes (India) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Classic Electrodes (India) ranks #297 out of 2215 companies for Net Current Asset Value. This places Classic Electrodes (India) in the top 13% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.28. Historically, Classic Electrodes (India)'s own Net Current Asset Value has ranged from 1.08 to 1.56 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 5.28, based on 2,215 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 Classic Electrodes (India) and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Classic Electrodes (India)'s current Net Current Asset Value is ₹33.33, which is 2986% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Net Current Asset Value of ₹33.33. The current Net Current Asset Value is ₹33.33, which is 2986% above median its 10-year median of 1.08. Classic Electrodes (India)'s overall GF Score™ is 15/100. 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 Classic Electrodes (India) (NSE:CLASSICEIL), the current Net Current Asset Value is ₹33.33 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.
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
15GF Score
Get the complete analysis for NSE:CLASSICEIL
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:CLASSICEIL has been successfully added to your 