Ramky InfrastructureNSE:RAMKY -1.35%80 Net Current Asset Value is ₹27.95 as of Mar. 2026, which is 100% below its 10-year median of 15.21. GuruFocus rates NSE:RAMKY with a GF Score™ of 80/100 and a GF Value™ of ₹525.03 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,054 Construction companies, Ramky Infrastructure ranks worse than 85.39% 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).
Ramky Infrastructure's net current asset value per share for the quarter that ended in Mar. 2026 was ₹27.95.
The historical rank and industry rank for Ramky Infrastructure's Net Current Asset Value or its related term are showing as below:
NSE:RAMKY'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 14.3 Med: 15.21 Max: 15.21
Current: 14.3
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ramky Infrastructure was 15.21. The lowest was 14.30. And the median was 15.21.
NSE:RAMKY's Price-to-Net-Current-Asset-Value is ranked worse than 85.39% of 1054
companies
in the Construction industry
Industry Median: 3.185
vs NSE:RAMKY: 14.30
Ramky Infrastructure (NSE:RAMKY) 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.
Ramky Infrastructure Net Current Asset Value Related Terms
Ramky Infrastructure Net Current Asset Value Historical Data
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The historical data trend for Ramky Infrastructure'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.
Ramky Infrastructure Net Current Asset Value Chart
NSE:RAMKY vs PWR, FIX, EME: Net Current Asset Value Comparison
For the Engineering & Construction subindustry, Ramky Infrastructure'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.
Ramky Infrastructure Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, Ramky Infrastructure's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Ramky Infrastructure'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 ₹27.95 mean?
Ramky Infrastructure (NSE:RAMKY) has a Net Current Asset Value of ₹27.95 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 Ramky Infrastructure and its competitors. This is 84% above median its historical median of 15.21. Over the past decade, Ramky Infrastructure's Net Current Asset Value has ranged from 14.30 to 15.21. According to the industry distribution chart, Ramky Infrastructure ranks #900 out of 1054 companies in the Construction industry, placing it in the top 85.4%.
Is Ramky Infrastructure's Net Current Asset Value too high?
Ramky Infrastructure's current Net Current Asset Value of ₹27.95 is 84% above median its 10-year median of 15.21. Over the past 10 years, this metric has ranged from a low of 14.30 to a high of 15.21. Based on the distribution chart, Ramky Infrastructure ranks #900 out of 1054 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Ramky Infrastructure has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramky Infrastructure's Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, Ramky Infrastructure ranks #900 out of 1054 companies for Net Current Asset Value. This places Ramky Infrastructure in the lower half of its industry. The industry median Net Current Asset Value is 3.19. Historically, Ramky Infrastructure's own Net Current Asset Value has ranged from 14.30 to 15.21 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.19, based on 1,054 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 Ramky Infrastructure and its competitors. For the Construction industry, the median Net Current Asset Value is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramky Infrastructure's current Net Current Asset Value is ₹27.95, which is 84% above median its own 10-year median of 15.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramky Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Ramky Infrastructure (NSE:RAMKY) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹525.03, compared to a current price of ₹399.00 — trading 24% below its estimated fair value. The current Net Current Asset Value is ₹27.95, which is 84% above median its 10-year median of 15.21. Ramky Infrastructure's overall GF Score™ is 80/100 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 Ramky Infrastructure (NSE:RAMKY), the current Net Current Asset Value is ₹27.95 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 Ramky Infrastructure (NSE:RAMKY) Overvalued in 2026?
Based on GuruFocus' analysis, Ramky Infrastructure stock appears to be undervalued.
The current stock price of ₹399.00 is trading 24% below its estimated GF Value™ of ₹525.03.
GuruFocus considers Ramky Infrastructure to be Modestly Undervalued.
Key valuation signals for NSE:RAMKY:
Net Current Asset Value: ₹27.95 (84% above median its 10-year median of 15.21)
GF Value™: ₹525.03 vs. price of ₹399.00 (24% below fair value)
No single metric tells the full story. See the NSE:RAMKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramky Infrastructure Ltd is a construction, infrastructure development, and management company. It provides construction and civil engineering services. The company's segment includes the Construction business and Developer business. The Construction business segment, which accounts for the majority of revenue, undertakes various projects such as water and wastewater projects, irrigation projects, industrial construction projects, transportation projects, building construction projects, and power transmission and distribution projects. Its Developer business segment includes industrial parks, transportation, integrated townships, and energy. It operates in India.
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