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Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
Suraj Industries's Sloan Ratio for the quarter that ended in Jun. 2026 was 0.00%.
Warning Sign:
When sloan ratio (37.95)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.
As of Jun. 2026, Suraj Industries has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Suraj Industries (BOM:526211) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Jun. 2026, Suraj Industries has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Suraj Industries Sloan Ratio % Related Terms
Suraj Industries Sloan Ratio % Historical Data
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The historical data trend for Suraj Industries's Sloan 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:526211 vs SYY, USFD, PFGC: Sloan Ratio % Comparison
For the Food Distribution subindustry, Suraj Industries's Sloan Ratio %, along with its competitors' market caps and Sloan 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.
Suraj Industries Sloan Ratio % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Suraj Industries's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Suraj Industries's Sloan Ratio % falls into.
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Suraj Industries's Sloan Ratio for the fiscal year that ended in Mar. 2026 is calculated as
Suraj Industries's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was -0.786 (Sep. 2025 ) + 8.147 (Dec. 2025 ) + -1.885 (Mar. 2026 ) + 41.469 (Jun. 2026 ) = ₹46.9 Mil.
Suraj Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 0 (Sep. 2025 ) + 0 (Dec. 2025 ) + 0 (Mar. 2026 ) + 0 (Jun. 2026 ) = ₹0.0 Mil.
Suraj Industries's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was 0 (Sep. 2025 ) + 0 (Dec. 2025 ) + 0 (Mar. 2026 ) + 0 (Jun. 2026 ) = ₹0.0 Mil.
* 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.
Suraj Industries (BOM:526211) has a Sloan Ratio % of 0.00% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Suraj Industries and its competitors.
Is Suraj Industries' Sloan Ratio % too high?
Suraj Industries' current Sloan Ratio % is 0.00%. Overall, Suraj Industries has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suraj Industries' Sloan Ratio % compare to SYY and USFD?
Suraj Industries' Sloan Ratio % of 0.00% can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Retail - Defensive company?
A good Sloan Ratio % depends on the Retail - Defensive industry context. However, Sloan Ratio % 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 Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Suraj Industries and its competitors. Suraj Industries's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suraj Industries stock overvalued right now?
Based on GuruFocus' analysis, Suraj Industries (BOM:526211) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹32.08, compared to a current price of ₹61.00 — trading 90.1% above its estimated fair value. The current Sloan Ratio % is 0.00%. Suraj Industries' overall GF Score™ is 44/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Suraj Industries (BOM:526211), the current Sloan Ratio % is 0.00% as of Jun. 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 Suraj Industries (BOM:526211) Overvalued in 2026?
Based on GuruFocus' analysis, Suraj Industries stock appears to be overvalued.
The current stock price of ₹61.00 is trading 90.1% above its estimated GF Value™ of ₹32.08.
GuruFocus considers Suraj Industries to be Significantly Overvalued.
Key valuation signals for BOM:526211:
Sloan Ratio %: 0.00%
GF Value™: ₹32.08 vs. price of ₹61.00 (90.1% above fair value)
No single metric tells the full story. See the BOM:526211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suraj Industries Ltd is involved in liquor bottling operations for Rajasthan Made Liquor and Country Liquor. The company also trades in edible oils such as palm oil and soybean oil. It has two business segments: Edible Oil Operations and Liquor Operations. The majority of the company's revenue comes from its trading operations. Geographically, all of the company's revenue is generated in India.
44GF Score
Get the complete analysis for BOM:526211
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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