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Persistent SystemsBOM:533179 +0.30%91 Altman Z-Score is 17.67 as of Aug. 02, 2026, which is 55% above its 10-year median of 11.38. GuruFocus rates BOM:533179 with a GF Score™ of 91/100 and a GF Value™ of ₹6,772.71 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,769 Software companies, Persistent Systems ranks better than 93.97% 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 16.75 is strong.
Persistent Systems has a Altman Z-Score of 17.67, 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 Persistent Systems's Altman Z-Score or its related term are showing as below:
BOM:533179'
s Altman Z-Score Range Over the Past 10 Years
Min: 6.19 Med: 11.38 Max: 24.09
Current: 16.75
During the past 13 years, Persistent Systems's highest Altman Z-Score was 24.09. The lowest was 6.19. And the median was 11.38.
Persistent Systems (BOM:533179) 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.
Persistent Systems Altman Z-Score Related Terms
Persistent Systems Altman Z-Score Historical Data
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The historical data trend for Persistent Systems'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:533179 vs IBM, ACN, FISV: Altman Z-Score Comparison
For the Information Technology Services subindustry, Persistent Systems'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.
Persistent Systems Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Persistent Systems's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Persistent Systems'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.
Persistent Systems's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.3668
+
1.4
*
0.3677
+
3.3
*
0.2183
+
0.6
*
24.4985
+
1.0
*
1.2964
=
17.67
* 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.
Persistent Systems (BOM:533179) has a Altman Z-Score of 17.67 as of Aug. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Persistent Systems and its competitors. This is 55% above median its historical median of 11.38. Over the past decade, Persistent Systems' Altman Z-Score has ranged from 6.19 to 24.09. According to the industry distribution chart, Persistent Systems ranks #167 out of 2769 companies in the Software industry, placing it in the top 6%.
Is Persistent Systems' Altman Z-Score too high?
Persistent Systems' current Altman Z-Score of 17.67 is 55% above median its 10-year median of 11.38. Over the past 10 years, this metric has ranged from a low of 6.19 to a high of 24.09. The Software industry median Altman Z-Score is 3.10. Persistent Systems' value of 17.67 is 470% above this industry median. Based on the distribution chart, Persistent Systems ranks #167 out of 2769 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Persistent Systems has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Persistent Systems' Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, Persistent Systems ranks #167 out of 2769 companies for Altman Z-Score. This places Persistent Systems in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.10. Persistent Systems' value of 17.67 is 470% above this benchmark. Historically, Persistent Systems' own Altman Z-Score has ranged from 6.19 to 24.09 over the past decade. While the company's 10-year median is 11.38 vs. the industry median of 3.10, Persistent Systems 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 Software company?
The median Altman Z-Score among Software companies is 3.10, based on 2,769 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. Persistent Systems's current Altman Z-Score of 17.67 is 470% 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 Persistent Systems and its competitors. For the Software industry, the median Altman Z-Score is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Persistent Systems's current Altman Z-Score is 17.67, which is 55% above median its own 10-year median of 11.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persistent Systems stock overvalued right now?
Based on GuruFocus' analysis, Persistent Systems (BOM:533179) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹6,772.71, compared to a current price of ₹5,528.00 — trading 18.4% below its estimated fair value. The current Altman Z-Score is 17.67, which is 55% above median its 10-year median of 11.38 and 470% above the Software industry median of 3.10. Persistent Systems' overall GF Score™ is 91/100 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 Persistent Systems (BOM:533179), the current Altman Z-Score is 17.67 as of Aug. 02, 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 Persistent Systems (BOM:533179) Overvalued in 2026?
Based on GuruFocus' analysis, Persistent Systems stock appears to be undervalued.
The current stock price of ₹5,528.00 is trading 18.4% below its estimated GF Value™ of ₹6,772.71.
GuruFocus considers Persistent Systems to be Modestly Undervalued.
Key valuation signals for BOM:533179:
Altman Z-Score: 17.67 (55% above median its 10-year median of 11.38)
GF Value™: ₹6,772.71 vs. price of ₹5,528.00 (18.4% below fair value)
Industry Position: 470% above the Software median (#167 of 2769)
No single metric tells the full story. See the BOM:533179 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Persistent Systems Ltd is an India-based provider of software solutions organized in three segments based on the end market: Software, Hi-Tech, and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare & Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. The majority of the firm's revenue gets derived from the Software, Hi-Tech, and Emerging Industries segments.
91GF Score
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