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.
Jhaveri Credits & CapitalBOM:531550 +0.24%50 Altman Z-Score is 8.21 as of Jul. 18, 2026, which is 251% above its 10-year median of 2.34. GuruFocus rates BOM:531550 with a GF Score™ of 50/100 and a GF Value™ of ₹510.01 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 659 Capital Markets companies, Jhaveri Credits & Capital ranks better than 76.33% 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 8.16 is strong.
Jhaveri Credits & Capital has a Altman Z-Score of 8.21, 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 Jhaveri Credits & Capital's Altman Z-Score or its related term are showing as below:
BOM:531550'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.48 Med: 2.34 Max: 113.88
Current: 8.16
During the past 13 years, Jhaveri Credits & Capital's highest Altman Z-Score was 113.88. The lowest was 1.48. And the median was 2.34.
Jhaveri Credits & Capital (BOM:531550) 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.
* 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:531550 vs MS, GS, SCHW: Altman Z-Score Comparison
For the Capital Markets subindustry, Jhaveri Credits & Capital'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.
Jhaveri Credits & Capital Altman Z-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Jhaveri Credits & Capital's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Jhaveri Credits & Capital's Altman Z-Score falls into.
Jhaveri Credits & Capital Altman Z-Score Calculation
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.
Jhaveri Credits & Capital (BOM:531550) has a Altman Z-Score of 8.21 as of Jul. 18, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Jhaveri Credits & Capital and its competitors. This is 251% above median its historical median of 2.34. Over the past decade, Jhaveri Credits & Capital's Altman Z-Score has ranged from 1.48 to 113.88. According to the industry distribution chart, Jhaveri Credits & Capital ranks #156 out of 659 companies in the Capital Markets industry, placing it in the top 23.7%.
Is Jhaveri Credits & Capital's Altman Z-Score too high?
Jhaveri Credits & Capital's current Altman Z-Score of 8.21 is 251% above median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 113.88. The Capital Markets industry median Altman Z-Score is 2.63. Jhaveri Credits & Capital's value of 8.21 is 212.2% above this industry median. Based on the distribution chart, Jhaveri Credits & Capital ranks #156 out of 659 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Jhaveri Credits & Capital has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jhaveri Credits & Capital's Altman Z-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Jhaveri Credits & Capital ranks #156 out of 659 companies for Altman Z-Score. This places Jhaveri Credits & Capital in the top 24% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.63. Jhaveri Credits & Capital's value of 8.21 is 212.2% above this benchmark. Historically, Jhaveri Credits & Capital's own Altman Z-Score has ranged from 1.48 to 113.88 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 2.63, Jhaveri Credits & Capital 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 Capital Markets company?
The median Altman Z-Score among Capital Markets companies is 2.63, based on 659 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. Jhaveri Credits & Capital's current Altman Z-Score of 8.21 is 212.2% 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 Jhaveri Credits & Capital and its competitors. For the Capital Markets industry, the median Altman Z-Score is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jhaveri Credits & Capital's current Altman Z-Score is 8.21, which is 251% above median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jhaveri Credits & Capital stock overvalued right now?
Based on GuruFocus' analysis, Jhaveri Credits & Capital (BOM:531550) is currently considered Possible Value Trap. The stock's GF Value™ is ₹510.01, compared to a current price of ₹186.95 — trading 63.3% below its estimated fair value. The current Altman Z-Score is 8.21, which is 251% above median its 10-year median of 2.34 and 212.2% above the Capital Markets industry median of 2.63. Jhaveri Credits & Capital's overall GF Score™ is 50/100 with 6 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 Jhaveri Credits & Capital (BOM:531550), the current Altman Z-Score is 8.21 as of Jul. 18, 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 Jhaveri Credits & Capital (BOM:531550) Overvalued in 2026?
Based on GuruFocus' analysis, Jhaveri Credits & Capital stock appears to be undervalued.
The current stock price of ₹186.95 is trading 63.3% below its estimated GF Value™ of ₹510.01.
GuruFocus considers Jhaveri Credits & Capital to be Possible Value Trap.
Key valuation signals for BOM:531550:
Altman Z-Score: 8.21 (251% above median its 10-year median of 2.34)
GF Value™: ₹510.01 vs. price of ₹186.95 (63.3% below fair value)
Industry Position: 212.2% above the Capital Markets median (#156 of 659)
No single metric tells the full story. See the BOM:531550 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jhaveri Credits & Capital Ltd operates as a stock broking houses in Gujarat. It provides broking platform on various exchanges to the clients for dealing in various Commodities traded on those exchanges in the present, spot and future dealings. Its financial and wealth management services include e-trading of the major shares in various sectors. It also offers other financial services such as Mutual funds, commodity trading, derivative trading, equity trading, and initial public offers. It operates in India.
50GF Score
Get the complete analysis for BOM:531550
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:531550 has been successfully added to your 
