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Paramount Speciality ForgingsNSE:PSFL -1.24%37 Net Current Asset Value is ₹11.36 as of Mar. 2026, which is 100% below its 10-year median of 2.22. GuruFocus rates NSE:PSFL with a GF Score™ of 37/100. The stock has 6 warning signs investors should review. Among 2,213 Industrial Products companies, Paramount Speciality Forgings ranks better than 71.35% 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).
Paramount Speciality Forgings's net current asset value per share for the quarter that ended in Mar. 2026 was ₹11.36.
The historical rank and industry rank for Paramount Speciality Forgings's Net Current Asset Value or its related term are showing as below:
NSE:PSFL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.07 Med: 2.22 Max: 2.84
Current: 2.8
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Paramount Speciality Forgings was 2.84. The lowest was 2.07. And the median was 2.22.
NSE:PSFL's Price-to-Net-Current-Asset-Value is ranked better than 71.35% of 2213
companies
in the Industrial Products industry
Industry Median: 5.04
vs NSE:PSFL: 2.80
Paramount Speciality Forgings (NSE:PSFL) 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.
Paramount Speciality Forgings Net Current Asset Value Related Terms
Paramount Speciality Forgings Net Current Asset Value Historical Data
* 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.
Paramount Speciality Forgings Net Current Asset Value Chart
NSE:PSFL vs CRS, ATI, MLI: Net Current Asset Value Comparison
For the Metal Fabrication subindustry, Paramount Speciality Forgings'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.
Paramount Speciality Forgings Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Paramount Speciality Forgings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Paramount Speciality Forgings'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 ₹11.36 mean?
Paramount Speciality Forgings (NSE:PSFL) has a Net Current Asset Value of ₹11.36 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 Paramount Speciality Forgings and its competitors. This is 412% above median its historical median of 2.22. Over the past decade, Paramount Speciality Forgings' Net Current Asset Value has ranged from 2.07 to 2.84. According to the industry distribution chart, Paramount Speciality Forgings ranks #634 out of 2213 companies in the Industrial Products industry, placing it in the top 28.6%.
Is Paramount Speciality Forgings' Net Current Asset Value too high?
Paramount Speciality Forgings' current Net Current Asset Value of ₹11.36 is 412% above median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 2.84. Based on the distribution chart, Paramount Speciality Forgings ranks #634 out of 2213 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Paramount Speciality Forgings has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Paramount Speciality Forgings' Net Current Asset Value compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Paramount Speciality Forgings ranks #634 out of 2213 companies for Net Current Asset Value. This puts Paramount Speciality Forgings in the upper half of its industry. The industry median Net Current Asset Value is 5.04. Historically, Paramount Speciality Forgings' own Net Current Asset Value has ranged from 2.07 to 2.84 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 5.04, based on 2,213 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 Paramount Speciality Forgings and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paramount Speciality Forgings's current Net Current Asset Value is ₹11.36, which is 412% above median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paramount Speciality Forgings stock overvalued right now?
Paramount Speciality Forgings (NSE:PSFL) has a current Net Current Asset Value of ₹11.36. The current Net Current Asset Value is ₹11.36, which is 412% above median its 10-year median of 2.22. Paramount Speciality Forgings' overall GF Score™ is 37/100 with 6 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 Paramount Speciality Forgings (NSE:PSFL), the current Net Current Asset Value is ₹11.36 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.
Paramount Speciality Forgings Business Description
Paramount Speciality Forgings Ltd is engaged in manufacturing steel forgings in India. It manufactures and provides forged components ranging in weight from one kilogram to four metric tons in rough or finish-machined condition. Its products are used in industries such as Petrochemicals, Chemicals, Fertilizers, Oil and Gas, Nuclear Power, and other heavy engineering sectors. The company only operates in the sale of carbon steel and stainless steel flanges and fittings, and other engineering goods made from steel and stainless steel, or any other goods and merchandise.
37GF Score
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