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.
Godfrey Phillips IndiaBOM:500163 +3.90%84 Altman Z-Score is 11.43 as of Jul. 25, 2026, which is 76% above its 10-year median of 6.51. GuruFocus rates BOM:500163 with a GF Score™ of 84/100 and a GF Value™ of ₹2,388.73 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 48 Tobacco Products companies, Godfrey Phillips India ranks better than 89.58% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 11.46 is strong.
Godfrey Phillips India has a Altman Z-Score of 11.43, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Godfrey Phillips India's Altman Z-Score or its related term are showing as below:
BOM:500163'
s Altman Z-Score Range Over the Past 10 Years
Min: 4.63 Med: 6.51 Max: 14.91
Current: 11.46
During the past 13 years, Godfrey Phillips India's highest Altman Z-Score was 14.91. The lowest was 4.63. And the median was 6.51.
Godfrey Phillips India (BOM:500163) Altman Z-Score Explanation
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.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Godfrey Phillips India Altman Z-Score Related Terms
Godfrey Phillips India Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Godfrey Phillips India's Altman Z-Score 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:500163 vs PM, MO, TPB: Altman Z-Score Comparison
For the Tobacco subindustry, Godfrey Phillips India's Altman Z-Score, along with its competitors' market caps and Altman Z-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.
Godfrey Phillips India Altman Z-Score vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Godfrey Phillips India's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Godfrey Phillips India's Altman Z-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.
* 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 Z-Score when X4 or X5 value is 0.
Godfrey Phillips India (BOM:500163) has a Altman Z-Score of 11.43 as of Jul. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Godfrey Phillips India and its competitors. This is 76% above median its historical median of 6.51. Over the past decade, Godfrey Phillips India's Altman Z-Score has ranged from 4.63 to 14.91. According to the industry distribution chart, Godfrey Phillips India ranks #5 out of 48 companies in the Tobacco Products industry, placing it in the top 10.4%.
Is Godfrey Phillips India's Altman Z-Score too high?
Godfrey Phillips India's current Altman Z-Score of 11.43 is 76% above median its 10-year median of 6.51. Over the past 10 years, this metric has ranged from a low of 4.63 to a high of 14.91. The Tobacco Products industry median Altman Z-Score is 4.01. Godfrey Phillips India's value of 11.43 is 185% above this industry median. Based on the distribution chart, Godfrey Phillips India ranks #5 out of 48 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Godfrey Phillips India has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Godfrey Phillips India's Altman Z-Score compare to PM and MO?
According to the Tobacco Products industry distribution chart, Godfrey Phillips India ranks #5 out of 48 companies for Altman Z-Score. This places Godfrey Phillips India in the top 10% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 4.01. Godfrey Phillips India's value of 11.43 is 185% above this benchmark. Historically, Godfrey Phillips India's own Altman Z-Score has ranged from 4.63 to 14.91 over the past decade. While the company's 10-year median is 6.51 vs. the industry median of 4.01, Godfrey Phillips India 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 Z-Score for a Tobacco Products company?
The median Altman Z-Score among Tobacco Products companies is 4.01, based on 48 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Godfrey Phillips India's current Altman Z-Score of 11.43 is 185% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Godfrey Phillips India and its competitors. For the Tobacco Products industry, the median Altman Z-Score is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Godfrey Phillips India's current Altman Z-Score is 11.43, which is 76% above median its own 10-year median of 6.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Godfrey Phillips India stock overvalued right now?
Based on GuruFocus' analysis, Godfrey Phillips India (BOM:500163) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,388.73, compared to a current price of ₹2,127.10 — trading 11% below its estimated fair value. The current Altman Z-Score is 11.43, which is 76% above median its 10-year median of 6.51 and 185% above the Tobacco Products industry median of 4.01. Godfrey Phillips India's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Godfrey Phillips India (BOM:500163), the current Altman Z-Score is 11.43 as of Jul. 25, 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 Godfrey Phillips India (BOM:500163) Overvalued in 2026?
Based on GuruFocus' analysis, Godfrey Phillips India stock appears to be undervalued.
The current stock price of ₹2,127.10 is trading 11% below its estimated GF Value™ of ₹2,388.73.
GuruFocus considers Godfrey Phillips India to be Modestly Undervalued.
Key valuation signals for BOM:500163:
Altman Z-Score: 11.43 (76% above median its 10-year median of 6.51)
GF Value™: ₹2,388.73 vs. price of ₹2,127.10 (11% below fair value)
Industry Position: 185% above the Tobacco Products median (#5 of 48)
No single metric tells the full story. See the BOM:500163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Godfrey Phillips India Ltd is a cigarette manufacturer that sells its products globally under brand names including Four Square, Red & White, Cavanders, Jaisalmer, Stellar, and Marlboro which it has a license to sell in India. Cigarette sales account for the vast majority of the total revenue, although the company also sells tea and other retail products. The company operates through three reportable segments: Cigarette, Tobacco, and Related Products and Related Products; and Others. The majority of the Godfrey Phillips sales are generated in India, but the company exports some of its cigarette brands and cuts tobacco.
84GF Score
Get the complete analysis for BOM:500163
Altman Z-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
BOM:500163 has been successfully added to your 
