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Sky Gold and DiamondsBOM:541967 -3.30%84 Altman Z-Score is 10.04 as of Jul. 23, 2026, which is 27% above its 10-year median of 7.92. GuruFocus rates BOM:541967 with a GF Score™ of 84/100 and a GF Value™ of ₹471.94 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,114 Retail - Cyclical companies, Sky Gold and Diamonds ranks better than 91.83% 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 9.78 is strong.
Sky Gold and Diamonds has a Altman Z-Score of 10.04, 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 Sky Gold and Diamonds's Altman Z-Score or its related term are showing as below:
BOM:541967'
s Altman Z-Score Range Over the Past 10 Years
Min: 4.32 Med: 7.92 Max: 10.87
Current: 9.78
During the past 13 years, Sky Gold and Diamonds's highest Altman Z-Score was 10.87. The lowest was 4.32. And the median was 7.92.
Sky Gold and Diamonds (BOM:541967) 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.
Sky Gold and Diamonds Altman Z-Score Related Terms
Sky Gold and Diamonds Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Sky Gold and Diamonds'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.
For the Luxury Goods subindustry, Sky Gold and Diamonds'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.
Sky Gold and Diamonds Altman Z-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Sky Gold and Diamonds's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Sky Gold and Diamonds'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.
Sky Gold and Diamonds (BOM:541967) has a Altman Z-Score of 10.04 as of Jul. 23, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sky Gold and Diamonds and its competitors. This is 27% above median its historical median of 7.92. Over the past decade, Sky Gold and Diamonds' Altman Z-Score has ranged from 4.32 to 10.87. According to the industry distribution chart, Sky Gold and Diamonds ranks #91 out of 1114 companies in the Retail - Cyclical industry, placing it in the top 8.2%.
Is Sky Gold and Diamonds' Altman Z-Score too high?
Sky Gold and Diamonds' current Altman Z-Score of 10.04 is 27% above median its 10-year median of 7.92. Over the past 10 years, this metric has ranged from a low of 4.32 to a high of 10.87. The Retail - Cyclical industry median Altman Z-Score is 2.75. Sky Gold and Diamonds' value of 10.04 is 265.1% above this industry median. Based on the distribution chart, Sky Gold and Diamonds ranks #91 out of 1114 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Sky Gold and Diamonds has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sky Gold and Diamonds' Altman Z-Score compare to TPR?
According to the Retail - Cyclical industry distribution chart, Sky Gold and Diamonds ranks #91 out of 1114 companies for Altman Z-Score. This places Sky Gold and Diamonds in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.75. Sky Gold and Diamonds' value of 10.04 is 265.1% above this benchmark. Historically, Sky Gold and Diamonds' own Altman Z-Score has ranged from 4.32 to 10.87 over the past decade. While the company's 10-year median is 7.92 vs. the industry median of 2.75, Sky Gold and Diamonds 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 Retail - Cyclical company?
The median Altman Z-Score among Retail - Cyclical companies is 2.75, based on 1,114 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. Sky Gold and Diamonds's current Altman Z-Score of 10.04 is 265.1% 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 Sky Gold and Diamonds and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Gold and Diamonds's current Altman Z-Score is 10.04, which is 27% above median its own 10-year median of 7.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Gold and Diamonds stock overvalued right now?
Based on GuruFocus' analysis, Sky Gold and Diamonds (BOM:541967) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹471.94, compared to a current price of ₹648.75 — trading 37.5% above its estimated fair value. The current Altman Z-Score is 10.04, which is 27% above median its 10-year median of 7.92 and 265.1% above the Retail - Cyclical industry median of 2.75. Sky Gold and Diamonds' overall GF Score™ is 84/100 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 Sky Gold and Diamonds (BOM:541967), the current Altman Z-Score is 10.04 as of Jul. 23, 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 Sky Gold and Diamonds (BOM:541967) Overvalued in 2026?
Based on GuruFocus' analysis, Sky Gold and Diamonds stock appears to be overvalued.
The current stock price of ₹648.75 is trading 37.5% above its estimated GF Value™ of ₹471.94.
GuruFocus considers Sky Gold and Diamonds to be Significantly Overvalued.
Key valuation signals for BOM:541967:
Altman Z-Score: 10.04 (27% above median its 10-year median of 7.92)
GF Value™: ₹471.94 vs. price of ₹648.75 (37.5% above fair value)
Industry Position: 265.1% above the Retail - Cyclical median (#91 of 1114)
No single metric tells the full story. See the BOM:541967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sky Gold and Diamonds Ltd is an India-based company engaged in the business of designing, manufacturing, and marketing gold jewelry. It mainly deals in 22 Carat and 18 Carat gold jewellery, offering a wide variety of designs. The group provides an extensive range of designs and uses Natural,lab-grown, and American diamonds and/or colored gemstones in many of their jewellery products. The company's product portfolio includes necklaces, earrings, rings, bracelets, and others. The group operates in only one identifiable reportable segment is Gold jewelry.
84GF Score
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