Punjab CommunicationsBOM:500346 +1.70%56 Quick Ratio is 1.39 as of Mar. 2026, which is 9% below its 10-year median of 1.53. GuruFocus rates BOM:500346 with a GF Score™ of 56/100 and a GF Value™ of ₹88.30 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,495 Hardware companies, Punjab Communications ranks worse than 52.75% on this metric.
Punjab Communications has a quick ratio of 1.39. It generally indicates good short-term financial strength.
The historical rank and industry rank for Punjab Communications's Quick Ratio or its related term are showing as below:
BOM:500346'
s Quick Ratio Range Over the Past 10 Years
Min: 1.06 Med: 1.53 Max: 1.89
Current: 1.39
During the past 13 years, Punjab Communications's highest Quick Ratio was 1.89. The lowest was 1.06. And the median was 1.53.
BOM:500346's Quick Ratio is ranked worse than 52.75% of 2495
companies
in the Hardware industry
Industry Median: 1.46
vs BOM:500346: 1.39
Punjab Communications (BOM:500346) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Punjab Communications Quick Ratio Related Terms
Punjab Communications Quick Ratio Historical Data
* Premium members only.
The historical data trend for Punjab Communications's Quick Ratio 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.
BOM:500346 vs CSCO, CIEN, MSI: Quick Ratio Comparison
For the Communication Equipment subindustry, Punjab Communications's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.
Punjab Communications Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Punjab Communications's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Punjab Communications's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Punjab Communications's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Punjab Communications (BOM:500346) has a Quick Ratio of 1.39 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Punjab Communications and its competitors. This is near median its historical median of 1.53. Over the past decade, Punjab Communications' Quick Ratio has ranged from 1.06 to 1.89. According to the industry distribution chart, Punjab Communications ranks #1316 out of 2495 companies in the Hardware industry, placing it in the top 52.7%.
Is Punjab Communications' Quick Ratio too high?
Punjab Communications' current Quick Ratio of 1.39 is near median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 1.89. The Hardware industry median Quick Ratio is 1.46. Punjab Communications' value of 1.39 is 4.8% below this industry median. Based on the distribution chart, Punjab Communications ranks #1316 out of 2495 companies in the Hardware industry, which is below the industry midpoint. Overall, Punjab Communications has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Punjab Communications' Quick Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Punjab Communications ranks #1316 out of 2495 companies for Quick Ratio. This places Punjab Communications in the lower half of its industry. The industry median Quick Ratio is 1.46. Punjab Communications' value of 1.39 is 4.8% below this benchmark. Historically, Punjab Communications' own Quick Ratio has ranged from 1.06 to 1.89 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.46, Punjab Communications has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,495 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Punjab Communications's current Quick Ratio of 1.39 is 4.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Punjab Communications and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Punjab Communications's current Quick Ratio is 1.39, which is near median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Punjab Communications stock overvalued right now?
Based on GuruFocus' analysis, Punjab Communications (BOM:500346) is currently considered Possible Value Trap. The stock's GF Value™ is ₹88.30, compared to a current price of ₹48.95 — trading 44.6% below its estimated fair value. The current Quick Ratio is 1.39, which is near median its 10-year median of 1.53 and 4.8% below the Hardware industry median of 1.46. Punjab Communications' overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Punjab Communications (BOM:500346), the current Quick Ratio is 1.39 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 Punjab Communications (BOM:500346) Overvalued in 2026?
Based on GuruFocus' analysis, Punjab Communications stock appears to be undervalued.
The current stock price of ₹48.95 is trading 44.6% below its estimated GF Value™ of ₹88.30.
GuruFocus considers Punjab Communications to be Possible Value Trap.
Key valuation signals for BOM:500346:
Quick Ratio: 1.39 (near median its 10-year median of 1.53)
GF Value™: ₹88.30 vs. price of ₹48.95 (44.6% below fair value)
Industry Position: 4.8% below the Hardware median (#1316 of 2495)
No single metric tells the full story. See the BOM:500346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Punjab Communications Ltd is a Telecom and IT equipment and solution provider. Its activities span across various areas such as; Telecom equipment manufacturing, IT and Software Solutions, Turnkey Projects, and Repair and Maintenance. Its product portfolio includes power line carrier communication, line matching unit, control communication equipment, and drop multiplexer among others. The company also provides contract manufacturing services, IT solutions, and takes up turnkey projects, involving installation, commissioning, and maintenance of complete range of telecommunications equipment on a pan-India level. It operates in a single segment which is the manufacturing of telecom products.
56GF Score
Get the complete analysis for BOM:500346
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