Gujarat Pipavav PortNSE:GPPL +0.64%94 Net Current Asset Value is ₹8.75 as of Mar. 2026, which is 100% below its 10-year median of 14.29. GuruFocus rates NSE:GPPL with a GF Score™ of 94/100 and a GF Value™ of ₹192.44 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 360 Transportation companies, Gujarat Pipavav Port ranks worse than 84.17% 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).
Gujarat Pipavav Port's net current asset value per share for the quarter that ended in Mar. 2026 was ₹8.75.
The historical rank and industry rank for Gujarat Pipavav Port's Net Current Asset Value or its related term are showing as below:
NSE:GPPL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.76 Med: 14.29 Max: 105.64
Current: 17.68
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Gujarat Pipavav Port was 105.64. The lowest was 7.76. And the median was 14.29.
NSE:GPPL's Price-to-Net-Current-Asset-Value is ranked worse than 84.17% of 360
companies
in the Transportation industry
Industry Median: 3.995
vs NSE:GPPL: 17.68
Gujarat Pipavav Port (NSE:GPPL) 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.
Gujarat Pipavav Port Net Current Asset Value Related Terms
Gujarat Pipavav Port Net Current Asset Value Historical Data
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The historical data trend for Gujarat Pipavav Port'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.
Gujarat Pipavav Port Net Current Asset Value Chart
Gujarat Pipavav Port Net Current Asset Value Competitor Comparison
For the Marine Shipping subindustry, Gujarat Pipavav Port'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.
Gujarat Pipavav Port Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, Gujarat Pipavav Port's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Gujarat Pipavav Port'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 ₹8.75 mean?
Gujarat Pipavav Port (NSE:GPPL) has a Net Current Asset Value of ₹8.75 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 Gujarat Pipavav Port and its competitors. This is 39% below median its historical median of 14.29. Over the past decade, Gujarat Pipavav Port's Net Current Asset Value has ranged from 7.76 to 105.64. According to the industry distribution chart, Gujarat Pipavav Port ranks #303 out of 360 companies in the Transportation industry, placing it in the top 84.2%.
Is Gujarat Pipavav Port's Net Current Asset Value too high?
Gujarat Pipavav Port's current Net Current Asset Value of ₹8.75 is 39% below median its 10-year median of 14.29. Over the past 10 years, this metric has ranged from a low of 7.76 to a high of 105.64. Based on the distribution chart, Gujarat Pipavav Port ranks #303 out of 360 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Gujarat Pipavav Port has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Pipavav Port's Net Current Asset Value compare to competitors?
According to the Transportation industry distribution chart, Gujarat Pipavav Port ranks #303 out of 360 companies for Net Current Asset Value. This places Gujarat Pipavav Port in the lower half of its industry. The industry median Net Current Asset Value is 4.00. Historically, Gujarat Pipavav Port's own Net Current Asset Value has ranged from 7.76 to 105.64 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 Transportation company?
The median Net Current Asset Value among Transportation companies is 4.00, based on 360 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 Gujarat Pipavav Port and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Pipavav Port's current Net Current Asset Value is ₹8.75, which is 39% below median its own 10-year median of 14.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Pipavav Port stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Pipavav Port (NSE:GPPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹192.44, compared to a current price of ₹154.69 — trading 19.6% below its estimated fair value. The current Net Current Asset Value is ₹8.75, which is 39% below median its 10-year median of 14.29. Gujarat Pipavav Port's overall GF Score™ is 94/100 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 Gujarat Pipavav Port (NSE:GPPL), the current Net Current Asset Value is ₹8.75 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 Gujarat Pipavav Port (NSE:GPPL) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Pipavav Port stock appears to be undervalued.
The current stock price of ₹154.69 is trading 19.6% below its estimated GF Value™ of ₹192.44.
GuruFocus considers Gujarat Pipavav Port to be Modestly Undervalued.
Key valuation signals for NSE:GPPL:
Net Current Asset Value: ₹8.75 (39% below median its 10-year median of 14.29)
GF Value™: ₹192.44 vs. price of ₹154.69 (19.6% below fair value)
No single metric tells the full story. See the NSE:GPPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Pipavav Port Ltd is a terminal port operator. The company constructs, maintains, and operates a terminal port at Pipavav in Gujarat, India. The firm's port facilitates imports and exports of dry bulk cargo, namely coal and fertilizer, liquid cargo, including liquid petroleum gas, and roll-on/roll-off cargo, principally passenger vehicles. The company also provides material handling services, cargo storage, and warehousing services. It operates only in one Business Segment, i.e., 'Port Services'. The company generates revenue domestically.
94GF Score
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