Jiwanram Sheoduttrai IndustriesNSE:JIWANRAM +1.90%10 Altman Z2-Score is 5.02 as of Jul. 09, 2026, which is 10% above its 10-year median of 4.55. GuruFocus rates NSE:JIWANRAM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 1,051 Manufacturing - Apparel & Accessories companies, Jiwanram Sheoduttrai Industries ranks better than 62.61% on this metric.
Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.
Good Sign:
Jiwanram Sheoduttrai Industries has a Altman Z2-Score of 5.02, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.
The zones of discrimination were as such:
When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.
The historical rank and industry rank for Jiwanram Sheoduttrai Industries's Altman Z2-Score or its related term are showing as below:
NSE:JIWANRAM'
s Altman Z2-Score Range Over the Past 10 Years
Min: 3.53 Med: 4.55 Max: 5.22
Current: 5.02
During the past 5 years, Jiwanram Sheoduttrai Industries's highest Altman Z2-Score was 5.22. The lowest was 3.53. And the median was 4.55.
The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
* 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:JIWANRAM vs NKE, DECK, ONON: Altman Z2-Score Comparison
For the Footwear & Accessories subindustry, Jiwanram Sheoduttrai Industries's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score 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.
Jiwanram Sheoduttrai Industries Altman Z2-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jiwanram Sheoduttrai Industries's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Jiwanram Sheoduttrai Industries's Altman Z2-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
* 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. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.
Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) has a Altman Z2-Score of 5.02 as of Jul. 09, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Jiwanram Sheoduttrai Industries and its competitors. This is 10% above median its historical median of 4.55. Over the past decade, Jiwanram Sheoduttrai Industries' Altman Z2-Score has ranged from 3.53 to 5.22. According to the industry distribution chart, Jiwanram Sheoduttrai Industries ranks #393 out of 1051 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 37.4%.
Is Jiwanram Sheoduttrai Industries' Altman Z2-Score too high?
Jiwanram Sheoduttrai Industries' current Altman Z2-Score of 5.02 is 10% above median its 10-year median of 4.55. Over the past 10 years, this metric has ranged from a low of 3.53 to a high of 5.22. The Manufacturing - Apparel & Accessories industry median Altman Z2-Score is 3.59. Jiwanram Sheoduttrai Industries' value of 5.02 is 39.8% above this industry median. Based on the distribution chart, Jiwanram Sheoduttrai Industries ranks #393 out of 1051 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Jiwanram Sheoduttrai Industries has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Jiwanram Sheoduttrai Industries' Altman Z2-Score compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Jiwanram Sheoduttrai Industries ranks #393 out of 1051 companies for Altman Z2-Score. This puts Jiwanram Sheoduttrai Industries in the upper half of its industry. The industry median Altman Z2-Score is 3.59. Jiwanram Sheoduttrai Industries' value of 5.02 is 39.8% above this benchmark. Historically, Jiwanram Sheoduttrai Industries' own Altman Z2-Score has ranged from 3.53 to 5.22 over the past decade. While the company's 10-year median is 4.55 vs. the industry median of 3.59, Jiwanram Sheoduttrai Industries has consistently been above 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 Altman Z2-Score for a Manufacturing - Apparel & Accessories company?
The median Altman Z2-Score among Manufacturing - Apparel & Accessories companies is 3.59, based on 1,051 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jiwanram Sheoduttrai Industries's current Altman Z2-Score of 5.02 is 39.8% above 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 Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Jiwanram Sheoduttrai Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z2-Score is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiwanram Sheoduttrai Industries's current Altman Z2-Score is 5.02, which is 10% above median its own 10-year median of 4.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiwanram Sheoduttrai Industries stock overvalued right now?
Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) has a current Altman Z2-Score of 5.02. The current Altman Z2-Score is 5.02, which is 10% above median its 10-year median of 4.55 and 39.8% above the Manufacturing - Apparel & Accessories industry median of 3.59. Jiwanram Sheoduttrai Industries' overall GF Score™ is 10/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Jiwanram Sheoduttrai Industries (NSE:JIWANRAM), the current Altman Z2-Score is 5.02 as of Jul. 09, 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.
Jiwanram Sheoduttrai Industries Business Description
Jiwanram Sheoduttrai Industries Ltd is mainly a manufacturer and exporter of industrial safety gear, leather gloves, and protective apparel. Its product offerings include aprons, bi-colour garments, safety gloves, coverall safety garments, protective shoes and helmets, fall arrest harnesses, protective eye wear, connectors, as well as winter and casual garments. The company operates in the Leather Gloves, Leather Goods, and Garments sectors. The firm generates maximum revenue from its business in India, and also exports its products to other countries.
10GF Score
Get the complete analysis for NSE:JIWANRAM
Altman Z2-Score 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:JIWANRAM has been successfully added to your 