PPAP AutomotiveNSE:PPAP -3.84%74 Quick Ratio is 0.74 as of Mar. 2026, which is 6% below its 10-year median of 0.79. GuruFocus rates NSE:PPAP with a GF Score™ of 74/100 and a GF Value™ of ₹228.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,337 Vehicles & Parts companies, PPAP Automotive ranks worse than 73.07% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. PPAP Automotive's quick ratio for the quarter that ended in Mar. 2026 was 0.74.
PPAP Automotive has a quick ratio of 0.74. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for PPAP Automotive's Quick Ratio or its related term are showing as below:
NSE:PPAP'
s Quick Ratio Range Over the Past 10 Years
Min: 0.56 Med: 0.79 Max: 1.37
Current: 0.74
During the past 13 years, PPAP Automotive's highest Quick Ratio was 1.37. The lowest was 0.56. And the median was 0.79.
NSE:PPAP's Quick Ratio is ranked worse than 73.07% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.05
vs NSE:PPAP: 0.74
PPAP Automotive (NSE:PPAP) 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.
PPAP Automotive Quick Ratio Related Terms
PPAP Automotive Quick Ratio Historical Data
* Premium members only.
The historical data trend for PPAP Automotive'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.
For the Auto Parts subindustry, PPAP Automotive'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.
PPAP Automotive Quick Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, PPAP Automotive's Quick Ratio distribution charts can be found below:
* The bar in red indicates where PPAP Automotive'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.
PPAP Automotive'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.
PPAP Automotive (NSE:PPAP) has a Quick Ratio of 0.74 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PPAP Automotive and its competitors. This is near median its historical median of 0.79. Over the past decade, PPAP Automotive's Quick Ratio has ranged from 0.56 to 1.37. According to the industry distribution chart, PPAP Automotive ranks #977 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 73.1%.
Is PPAP Automotive's Quick Ratio too high?
PPAP Automotive's current Quick Ratio of 0.74 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.37. The Vehicles & Parts industry median Quick Ratio is 1.05. PPAP Automotive's value of 0.74 is 29.5% below this industry median. Based on the distribution chart, PPAP Automotive ranks #977 out of 1337 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, PPAP Automotive has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PPAP Automotive's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, PPAP Automotive ranks #977 out of 1337 companies for Quick Ratio. This places PPAP Automotive in the lower half of its industry. The industry median Quick Ratio is 1.05. PPAP Automotive's value of 0.74 is 29.5% below this benchmark. Historically, PPAP Automotive's own Quick Ratio has ranged from 0.56 to 1.37 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.05, PPAP Automotive 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.05, based on 1,337 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. PPAP Automotive's current Quick Ratio of 0.74 is 29.5% 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 PPAP Automotive and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPAP Automotive's current Quick Ratio is 0.74, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPAP Automotive stock overvalued right now?
Based on GuruFocus' analysis, PPAP Automotive (NSE:PPAP) is currently considered Fairly Valued. The stock's GF Value™ is ₹228.64, compared to a current price of ₹231.17 — trading 1.1% above its estimated fair value. The current Quick Ratio is 0.74, which is near median its 10-year median of 0.79 and 29.5% below the Vehicles & Parts industry median of 1.05. PPAP Automotive's overall GF Score™ is 74/100 with 4 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 PPAP Automotive (NSE:PPAP), the current Quick Ratio is 0.74 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 PPAP Automotive (NSE:PPAP) Overvalued in 2026?
Based on GuruFocus' analysis, PPAP Automotive stock appears to be overvalued.
The current stock price of ₹231.17 is trading 1.1% above its estimated GF Value™ of ₹228.64.
GuruFocus considers PPAP Automotive to be Fairly Valued.
Key valuation signals for NSE:PPAP:
Quick Ratio: 0.74 (near median its 10-year median of 0.79)
GF Value™: ₹228.64 vs. price of ₹231.17 (1.1% above fair value)
Industry Position: 29.5% below the Vehicles & Parts median (#977 of 1337)
No single metric tells the full story. See the NSE:PPAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PPAP Automotive Ltd is an Indian company specializing in the manufacturing of automotive sealing systems, interior and exterior automotive parts using plastic and rubber extrusion and plastic injection molding technologies. It serves many automotive OEMs in passenger vehicles, two-wheelers, and commercial vehicle segments. The company operates manufacturing facilities across key automotive hubs in India, including Noida, Surajpur, Chennai, Pathredi, and Viramgam. PPAP also develops high-precision plastic injection toolings and has expanded into lithium-ion battery pack solutions for electric two-wheelers and three-wheelers.
74GF Score
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