Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
As of Mar. 2026, Classic Electrodes (India) has a Sloan Ratio of 6.11%, indicating the company is in the safe zone and there is no funny business with accruals.
Classic Electrodes (India) (NSE:CLASSICEIL) 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 Mar. 2026, Classic Electrodes (India) has a Sloan Ratio of 6.11%, indicating the company is in the safe zone and there is no funny business with accruals.
Classic Electrodes (India) Sloan Ratio % Related Terms
Classic Electrodes (India) Sloan Ratio % 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.
NSE:CLASSICEIL vs VRT, BE: Sloan Ratio % Comparison
For the Electrical Equipment & Parts subindustry, Classic Electrodes (India)'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.
Classic Electrodes (India) Sloan Ratio % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Classic Electrodes (India)'s Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Classic Electrodes (India)'s Sloan Ratio % falls into.
Classic Electrodes (India) Sloan Ratio % Calculation
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.
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
Classic Electrodes (India)'s Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 64.874 (Sep. 2025 ) + 62.046 (Mar. 2026 ) = ₹127 Mil.
Classic Electrodes (India)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was -39.213 (Sep. 2025 ) + 233.267 (Mar. 2026 ) = ₹194 Mil.
Classic Electrodes (India)'s Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -76.144 (Sep. 2025 ) + -72.894 (Mar. 2026 ) = ₹-149 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.
Classic Electrodes (India) (NSE:CLASSICEIL) has a Sloan Ratio % of 6.11% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Classic Electrodes (India) and its competitors.
Is Classic Electrodes (India)'s Sloan Ratio % too high?
Classic Electrodes (India)'s current Sloan Ratio % is 6.11%. Overall, Classic Electrodes (India) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Sloan Ratio % compare to VRT and BE?
Classic Electrodes (India)'s Sloan Ratio % of 6.11% can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Sloan Ratio % depends on the Industrial Products 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 Classic Electrodes (India) and its competitors. Classic Electrodes (India)'s current Sloan Ratio % is 6.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Sloan Ratio % of 6.11%. The current Sloan Ratio % is 6.11%. Classic Electrodes (India)'s overall GF Score™ is 15/100. 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 Classic Electrodes (India) (NSE:CLASSICEIL), the current Sloan Ratio % is 6.11% 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.
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
15GF Score
Get the complete analysis for NSE:CLASSICEIL
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:CLASSICEIL has been successfully added to your 
