Modi Rubber (NSE:MODIRUBBER) Net Current Asset Value: ₹12.79 (As of Mar. 2026) — 126% Above Median

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Director of Data and Quant Analytics at GuruFocus
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NSE:MODIRUBBER Modi Rubber Ltd NSE:MODIRUBBER
56 GF Score
Price ₹128.64
GF Value ₹59.45
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Modi Rubber Net Current Asset Value?

Modi Rubber NSE:MODIRUBBER +0.45% 56 Net Current Asset Value is ₹12.79 as of Mar. 2026, which is 100% below its 10-year median of 5.66. GuruFocus rates NSE:MODIRUBBER with a GF Score™ of 56/100 and a GF Value™ of ₹59.45 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 755 Real Estate companies, Modi Rubber ranks worse than 87.42% 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).

Modi Rubber's net current asset value per share for the quarter that ended in Mar. 2026 was ₹12.79.

The historical rank and industry rank for Modi Rubber's Net Current Asset Value or its related term are showing as below:

NSE:MODIRUBBER' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.68   Med: 5.66   Max: 10.55
Current: 10.05

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Modi Rubber was 10.55. The lowest was 1.68. And the median was 5.66.

NSE:MODIRUBBER's Price-to-Net-Current-Asset-Value is ranked worse than
87.42% of 755 companies
in the Real Estate industry
Industry Median: 2.14 vs NSE:MODIRUBBER: 10.05

Modi Rubber  (NSE:MODIRUBBER) 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 Graham’s 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.


Modi Rubber Net Current Asset Value Related Terms


Modi Rubber Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Modi Rubber'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.

Modi Rubber Net Current Asset Value Chart

Modi Rubber Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.13 7.68 13.61 18.48 12.79

Modi Rubber Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 18.48 0.00 17.16 12.79

NSE:MODIRUBBER vs CBRE, BEKE, JLL: Net Current Asset Value Comparison

For the Real Estate Services subindustry, Modi Rubber'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.


Modi Rubber Price-to-Net-Current-Asset-Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Modi Rubber's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Modi Rubber's Price-to-Net-Current-Asset-Value falls into.


NSE:MODIRUBBER
56GF Score
Modi Rubber Ltd NSE:MODIRUBBER
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modi Rubber Net Current Asset Value Calculation

Modi Rubber's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1274.387-938.573-15.446-0)/25.041
=12.79

Modi Rubber's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1274.387-938.573-15.446-0)/25.041
=12.79

* 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 ₹12.79 mean?
Modi Rubber (NSE:MODIRUBBER) has a Net Current Asset Value of ₹12.79 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 Modi Rubber and its competitors. This is 126% above median its historical median of 5.66. Over the past decade, Modi Rubber's Net Current Asset Value has ranged from 1.68 to 10.55. According to the industry distribution chart, Modi Rubber ranks #660 out of 755 companies in the Real Estate industry, placing it in the top 87.4%.
Is Modi Rubber's Net Current Asset Value too high?
Modi Rubber's current Net Current Asset Value of ₹12.79 is 126% above median its 10-year median of 5.66. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 10.55. Based on the distribution chart, Modi Rubber ranks #660 out of 755 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Modi Rubber has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modi Rubber's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Modi Rubber ranks #660 out of 755 companies for Net Current Asset Value. This places Modi Rubber in the lower half of its industry. The industry median Net Current Asset Value is 2.14. Historically, Modi Rubber's own Net Current Asset Value has ranged from 1.68 to 10.55 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.14, based on 755 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 Modi Rubber and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modi Rubber's current Net Current Asset Value is ₹12.79, which is 126% above median its own 10-year median of 5.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modi Rubber stock overvalued right now?
Based on GuruFocus' analysis, Modi Rubber (NSE:MODIRUBBER) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹59.45, compared to a current price of ₹128.64 — trading 116.4% above its estimated fair value. The current Net Current Asset Value is ₹12.79, which is 126% above median its 10-year median of 5.66. Modi Rubber's overall GF Score™ is 56/100 with 4 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 Modi Rubber (NSE:MODIRUBBER), the current Net Current Asset Value is ₹12.79 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 Modi Rubber (NSE:MODIRUBBER) Overvalued in 2026?

Based on GuruFocus' analysis, Modi Rubber stock appears to be overvalued. The current stock price of ₹128.64 is trading 116.4% above its estimated GF Value™ of ₹59.45. GuruFocus considers Modi Rubber to be Significantly Overvalued.

Key valuation signals for NSE:MODIRUBBER:

  • Net Current Asset Value: ₹12.79 (126% above median its 10-year median of 5.66)
  • GF Value™: ₹59.45 vs. price of ₹128.64 (116.4% above fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the NSE:MODIRUBBER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modi Rubber Business Description

Other Exchanges 500890:India
Address 4-7C, DDA Shopping Centre, New Friends Colony, New Delhi, IND, 110025
Modi Rubber Ltd is an Indian real estate company. The firm is engaged in renting immovable property which is the only segment. It derives revenue from rentals on real estate and guest houses at Modipuram, India. It also generates income from fund management and dividends from joint venture companies in which the company has management and equity collaborations.
56GF Score

Get the complete analysis for NSE:MODIRUBBER

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹128.64
Price
₹59.45
GF Value