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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.
Graphite IndiaNSE:GRAPHITE -0.98%80 Net Current Asset Value is ₹164.90 as of Mar. 2026, which is 100% below its 10-year median of 2.89. GuruFocus rates NSE:GRAPHITE with a GF Score™ of 80/100 and a GF Value™ of ₹584.98 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,216 Industrial Products companies, Graphite India ranks better than 60.42% 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).
Graphite India's net current asset value per share for the quarter that ended in Mar. 2026 was ₹164.90.
The historical rank and industry rank for Graphite India's Net Current Asset Value or its related term are showing as below:
NSE:GRAPHITE'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.78 Med: 2.89 Max: 7.99
Current: 3.81
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Graphite India was 7.99. The lowest was 0.78. And the median was 2.89.
NSE:GRAPHITE's Price-to-Net-Current-Asset-Value is ranked better than 60.42% of 2216
companies
in the Industrial Products industry
Industry Median: 4.97
vs NSE:GRAPHITE: 3.81
Graphite India (NSE:GRAPHITE) 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.
Graphite India Net Current Asset Value Related Terms
Graphite India Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Graphite 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.
NSE:GRAPHITE vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Graphite 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.
Graphite India Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Graphite India's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Graphite 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 ₹164.90 mean?
Graphite India (NSE:GRAPHITE) has a Net Current Asset Value of ₹164.90 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 Graphite India and its competitors. This is 5606% above median its historical median of 2.89. Over the past decade, Graphite India's Net Current Asset Value has ranged from 0.78 to 7.99. According to the industry distribution chart, Graphite India ranks #877 out of 2216 companies in the Industrial Products industry, placing it in the top 39.6%.
Is Graphite India's Net Current Asset Value too high?
Graphite India's current Net Current Asset Value of ₹164.90 is 5606% above median its 10-year median of 2.89. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 7.99. Based on the distribution chart, Graphite India ranks #877 out of 2216 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Graphite India has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Graphite India's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Graphite India ranks #877 out of 2216 companies for Net Current Asset Value. This puts Graphite India in the upper half of its industry. The industry median Net Current Asset Value is 4.97. Historically, Graphite India's own Net Current Asset Value has ranged from 0.78 to 7.99 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 4.97, based on 2,216 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 Graphite India and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Graphite India's current Net Current Asset Value is ₹164.90, which is 5606% above median its own 10-year median of 2.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Graphite India stock overvalued right now?
Based on GuruFocus' analysis, Graphite India (NSE:GRAPHITE) is currently considered Fairly Valued. The stock's GF Value™ is ₹584.98, compared to a current price of ₹629.55 — trading 7.6% above its estimated fair value. The current Net Current Asset Value is ₹164.90, which is 5606% above median its 10-year median of 2.89. Graphite India's overall GF Score™ is 80/100 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 Graphite India (NSE:GRAPHITE), the current Net Current Asset Value is ₹164.90 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 Graphite India (NSE:GRAPHITE) Overvalued in 2026?
Based on GuruFocus' analysis, Graphite India stock appears to be overvalued.
The current stock price of ₹629.55 is trading 7.6% above its estimated GF Value™ of ₹584.98.
GuruFocus considers Graphite India to be Fairly Valued.
Key valuation signals for NSE:GRAPHITE:
Net Current Asset Value: ₹164.90 (5606% above median its 10-year median of 2.89)
GF Value™: ₹584.98 vs. price of ₹629.55 (7.6% above fair value)
No single metric tells the full story. See the NSE:GRAPHITE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Graphite India Ltd is an industrial products manufacturer in India. It manufactures graphite electrodes and graphite-based products. Its segments are Graphite and Carbon segment, which is engaged in the production of Graphite Electrodes, Other Miscellaneous Graphite and Carbon Products, and related Processing/Service Charges; Steel segment, which is engaged in manufacturing of High Speed Steel and Alloy Steel; and Other segment, is engaged in manufacturing/laying of GRP Pipes and Power Generating Unit exclusively for outside sale. The company also manufactures other products like Impervious Graphite Equipment and Spares, steel and alloy steel, reinforced plastic pipes, and many more. It generates the majority of its revenue from the Graphite and Carbon segment.
80GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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