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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.
Clay Craft IndiaNSE:CLAYCRAFT -3.30%20 Net Current Asset Value is ₹16.66 as of Mar. 2026. GuruFocus rates NSE:CLAYCRAFT with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 287 Furnishings, Fixtures & Appliances companies, Clay Craft India ranks worse than 78.75% 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).
Clay Craft India's net current asset value per share for the quarter that ended in Mar. 2026 was ₹16.66.
The historical rank and industry rank for Clay Craft India's Net Current Asset Value or its related term are showing as below:
NSE:CLAYCRAFT'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0 Med: 0 Max: 10.51
Current: 9.59
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Clay Craft India was 10.51. The lowest was 0.00. And the median was 0.00.
NSE:CLAYCRAFT's Price-to-Net-Current-Asset-Value is ranked worse than 78.75% of 287
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.69
vs NSE:CLAYCRAFT: 9.59
Clay Craft India (NSE:CLAYCRAFT) 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.
Clay Craft India Net Current Asset Value Related Terms
Clay Craft India Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Clay Craft India'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.
Clay Craft India Net Current Asset Value Chart
Clay Craft India Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Net Current Asset Value
-2.86
-0.78
12.19
16.66
Clay Craft India Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Net Current Asset Value
-2.86
-0.78
12.19
16.66
NSE:CLAYCRAFT vs SN, SGI, MHK: Net Current Asset Value Comparison
For the Furnishings, Fixtures & Appliances subindustry, Clay Craft 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.
Clay Craft India Price-to-Net-Current-Asset-Value vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Clay Craft India's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Clay Craft 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 ₹16.66 mean?
Clay Craft India (NSE:CLAYCRAFT) has a Net Current Asset Value of ₹16.66 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 Clay Craft India and its competitors. According to the industry distribution chart, Clay Craft India ranks #226 out of 287 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 78.7%.
Is Clay Craft India's Net Current Asset Value too high?
Clay Craft India's current Net Current Asset Value is ₹16.66. Based on the distribution chart, Clay Craft India ranks #226 out of 287 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Clay Craft India has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Clay Craft India's Net Current Asset Value compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Clay Craft India ranks #226 out of 287 companies for Net Current Asset Value. This places Clay Craft India in the lower half of its industry. The industry median Net Current Asset Value is 3.69. 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 Furnishings, Fixtures & Appliances company?
The median Net Current Asset Value among Furnishings, Fixtures & Appliances companies is 3.69, based on 287 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 Clay Craft India and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Net Current Asset Value is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clay Craft India's current Net Current Asset Value is ₹16.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clay Craft India stock overvalued right now?
Clay Craft India (NSE:CLAYCRAFT) has a current Net Current Asset Value of ₹16.66. The current Net Current Asset Value is ₹16.66. Clay Craft India's overall GF Score™ is 20/100 with 1 warning sign 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 Clay Craft India (NSE:CLAYCRAFT), the current Net Current Asset Value is ₹16.66 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.
Clay Craft India Ltd operates as a manufacturer and distributor of ceramic tableware products in India, engaged in the design, development, production, and sale of a wide range of ceramic tableware including dinner sets, tea and coffee serving sets, mugs, tumblers, platters, bowls, and table top accessories. It serves various retail consumers, institutional buyers, and the hospitality industry. The company markets its products under the brands Clay Craft and JCPL. It also offers customized ceramic solutions for corporate and institutional clients based on specific requirements and has developed a product range for the HoReCa (Hotel, Restaurant, and Catering) segment. The majority of the company's revenue is derived from the sale of its products, mainly from Mugs and Dinnerware.
20GF Score
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