Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Le Travenues TechnologyNSE:IXIGO -3.02%40 Net Current Asset Value is ₹16.30 as of Mar. 2026, which is 100% below its 10-year median of 14.86. GuruFocus rates NSE:IXIGO with a GF Score™ of 40/100. The stock has 2 warning signs investors should review. Among 309 Travel & Leisure companies, Le Travenues Technology ranks worse than 77.35% 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).
Le Travenues Technology's net current asset value per share for the quarter that ended in Mar. 2026 was ₹16.30.
The historical rank and industry rank for Le Travenues Technology's Net Current Asset Value or its related term are showing as below:
NSE:IXIGO'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.73 Med: 14.86 Max: 18.98
Current: 12.2
During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Le Travenues Technology was 18.98. The lowest was 10.73. And the median was 14.86.
NSE:IXIGO's Price-to-Net-Current-Asset-Value is ranked worse than 77.35% of 309
companies
in the Travel & Leisure industry
Industry Median: 4.2
vs NSE:IXIGO: 12.20
Le Travenues Technology (NSE:IXIGO) 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.
Le Travenues Technology Net Current Asset Value Related Terms
Le Travenues Technology Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Le Travenues Technology'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.
Le Travenues Technology Net Current Asset Value Chart
NSE:IXIGO vs BKNG, ABNB, RCL: Net Current Asset Value Comparison
For the Travel Services subindustry, Le Travenues Technology'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.
Le Travenues Technology Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Le Travenues Technology's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Le Travenues Technology'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 ₹16.30 mean?
Le Travenues Technology (NSE:IXIGO) has a Net Current Asset Value of ₹16.30 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 Le Travenues Technology and its competitors. This is 10% above median its historical median of 14.86. Over the past decade, Le Travenues Technology's Net Current Asset Value has ranged from 10.73 to 18.98. According to the industry distribution chart, Le Travenues Technology ranks #239 out of 309 companies in the Travel & Leisure industry, placing it in the top 77.3%.
Is Le Travenues Technology's Net Current Asset Value too high?
Le Travenues Technology's current Net Current Asset Value of ₹16.30 is 10% above median its 10-year median of 14.86. Over the past 10 years, this metric has ranged from a low of 10.73 to a high of 18.98. Based on the distribution chart, Le Travenues Technology ranks #239 out of 309 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Le Travenues Technology has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Le Travenues Technology's Net Current Asset Value compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Le Travenues Technology ranks #239 out of 309 companies for Net Current Asset Value. This places Le Travenues Technology in the lower half of its industry. The industry median Net Current Asset Value is 4.20. Historically, Le Travenues Technology's own Net Current Asset Value has ranged from 10.73 to 18.98 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.20, based on 309 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 Le Travenues Technology and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Le Travenues Technology's current Net Current Asset Value is ₹16.30, which is 10% above median its own 10-year median of 14.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Le Travenues Technology stock overvalued right now?
Le Travenues Technology (NSE:IXIGO) has a current Net Current Asset Value of ₹16.30. The current Net Current Asset Value is ₹16.30, which is 10% above median its 10-year median of 14.86. Le Travenues Technology's overall GF Score™ is 40/100 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 Le Travenues Technology (NSE:IXIGO), the current Net Current Asset Value is ₹16.30 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.
Le Travenues Technology Ltd is a technology company focused on empowering Indian travelers to plan, book, and manage their trips across rail, air, buses, and hotels. It assists travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning, and data science-led innovations on the OTA platforms, comprising its websites and mobile applications. The company's reportable segments include Flight, Train, Bus, and Other services. Maximum revenue is generated from its Train ticketing services followed by the Flight and other segments. Geographically, it predominantly provides services to customers in India.
40GF Score
Get the complete analysis for NSE:IXIGO
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:IXIGO has been successfully added to your 
