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Emcure PharmaceuticalsNSE:EMCURE -1.83%41 Net Current Asset Value is ₹50.09 as of Mar. 2026, which is 100% below its 10-year median of 29.14. GuruFocus rates NSE:EMCURE with a GF Score™ of 41/100. The stock has 5 warning signs investors should review. Among 609 Drug Manufacturers companies, Emcure Pharmaceuticals ranks worse than 92.61% 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).
Emcure Pharmaceuticals's net current asset value per share for the quarter that ended in Mar. 2026 was ₹50.09.
The historical rank and industry rank for Emcure Pharmaceuticals's Net Current Asset Value or its related term are showing as below:
NSE:EMCURE'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 26.42 Med: 29.14 Max: 38.44
Current: 37.73
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Emcure Pharmaceuticals was 38.44. The lowest was 26.42. And the median was 29.14.
NSE:EMCURE's Price-to-Net-Current-Asset-Value is ranked worse than 92.61% of 609
companies
in the Drug Manufacturers industry
Industry Median: 5.62
vs NSE:EMCURE: 37.73
Emcure Pharmaceuticals (NSE:EMCURE) 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.
Emcure Pharmaceuticals Net Current Asset Value Related Terms
Emcure Pharmaceuticals Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Emcure Pharmaceuticals'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.
Emcure Pharmaceuticals Net Current Asset Value Chart
NSE:EMCURE vs ZTS, UTHR: Net Current Asset Value Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Emcure Pharmaceuticals'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.
Emcure Pharmaceuticals Price-to-Net-Current-Asset-Value vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Emcure Pharmaceuticals's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Emcure Pharmaceuticals'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 ₹50.09 mean?
Emcure Pharmaceuticals (NSE:EMCURE) has a Net Current Asset Value of ₹50.09 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 Emcure Pharmaceuticals and its competitors. This is 72% above median its historical median of 29.14. Over the past decade, Emcure Pharmaceuticals' Net Current Asset Value has ranged from 26.42 to 38.44. According to the industry distribution chart, Emcure Pharmaceuticals ranks #564 out of 609 companies in the Drug Manufacturers industry, placing it in the top 92.6%.
Is Emcure Pharmaceuticals' Net Current Asset Value too high?
Emcure Pharmaceuticals' current Net Current Asset Value of ₹50.09 is 72% above median its 10-year median of 29.14. Over the past 10 years, this metric has ranged from a low of 26.42 to a high of 38.44. Based on the distribution chart, Emcure Pharmaceuticals ranks #564 out of 609 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Emcure Pharmaceuticals has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Emcure Pharmaceuticals' Net Current Asset Value compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Emcure Pharmaceuticals ranks #564 out of 609 companies for Net Current Asset Value. This places Emcure Pharmaceuticals in the lower half of its industry. The industry median Net Current Asset Value is 5.62. Historically, Emcure Pharmaceuticals' own Net Current Asset Value has ranged from 26.42 to 38.44 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 Drug Manufacturers company?
The median Net Current Asset Value among Drug Manufacturers companies is 5.62, based on 609 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 Emcure Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Net Current Asset Value is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emcure Pharmaceuticals's current Net Current Asset Value is ₹50.09, which is 72% above median its own 10-year median of 29.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emcure Pharmaceuticals stock overvalued right now?
Emcure Pharmaceuticals (NSE:EMCURE) has a current Net Current Asset Value of ₹50.09. The current Net Current Asset Value is ₹50.09, which is 72% above median its 10-year median of 29.14. Emcure Pharmaceuticals' overall GF Score™ is 41/100 with 5 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 Emcure Pharmaceuticals (NSE:EMCURE), the current Net Current Asset Value is ₹50.09 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.
Emcure Pharmaceuticals Ltd an Indian pharmaceutical company engaged in developing, manufacturing and globally marketing a range of pharmaceutical products across several therapeutic areas. Its portfolio includes orals including solids, liquid orals and dry syrup/suspensions., injectables such as vials and pre-filled syringes, and forms such as lyophilized & liquid and biotherapeutics. The company operates in Derma, Women's Health, Cardiovascular, Neurology, Oncology, Vaccines, and Anti-infectives. Geographically, it operates in India, Europe, Canada, Vietnam, Dubai, and Other Countries.
41GF Score
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