Global Pet Industries (NSE:GLOBALPET) Altman Z-Score: 8.85 (As of Jul. 03, 2026) — 14% Above Median


NSE:GLOBALPET Global Pet Industries Ltd NSE:GLOBALPET
62 GF Score
Price ₹150.50
GF Value ₹138.97
Valuation Fairly Valued
! 4 Warning Signs
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What is Global Pet Industries Altman Z-Score?

Global Pet Industries NSE:GLOBALPET +2.38% 62 Altman Z-Score is 8.85 as of Jul. 03, 2026, which is 14% above its 10-year median of 7.78. GuruFocus rates NSE:GLOBALPET with a GF Score™ of 62/100 and a GF Value™ of ₹138.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,007 Industrial Products companies, Global Pet Industries ranks better than 84.87% 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 8.82 is strong.

Global Pet Industries has a Altman Z-Score of 8.85, 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 Global Pet Industries's Altman Z-Score or its related term are showing as below:

NSE:GLOBALPET' s Altman Z-Score Range Over the Past 10 Years
Min: 6.21   Med: 7.78   Max: 9.65
Current: 8.82

During the past 7 years, Global Pet Industries's highest Altman Z-Score was 9.65. The lowest was 6.21. And the median was 7.78.


Global Pet Industries  (NSE:GLOBALPET) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Global Pet Industries Altman Z-Score Related Terms


Global Pet Industries Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Global Pet Industries'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.

Global Pet Industries Altman Z-Score Chart

Global Pet Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 7.78 9.65 6.21

Global Pet Industries Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only 7.78 0.00 9.65 0.00 6.21

NSE:GLOBALPET vs GEV, ETN, PH: Altman Z-Score Comparison

For the Specialty Industrial Machinery subindustry, Global Pet Industries'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.


Global Pet Industries Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Pet Industries's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Global Pet Industries's Altman Z-Score falls into.


NSE:GLOBALPET
62GF Score
Global Pet Industries Ltd NSE:GLOBALPET
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Pet Industries 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.

Global Pet Industries'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*0.4693+1.4*0+3.3*0.1034+0.6*11.9179+1.0*0.7927
=8.85

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ₹701.1 Mil.
Total Current Assets was ₹466.2 Mil.
Total Current Liabilities was ₹137.2 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was ₹72.4 Mil.
Interest Expense was ₹-0.1 Mil.
Revenue was ₹555.7 Mil.
Market Cap (Today) was ₹1,774.0 Mil.
Total Liabilities was ₹148.9 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(466.219 - 137.222)/701.106
=0.4693

X2=Retained Earnings/Total Assets
=0/701.106
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(72.411 - -0.067)/701.106
=0.1034

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1774.005/148.852
=11.9179

X5=Revenue/Total Assets
=555.745/701.106
=0.7927

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Global Pet Industries has a Altman Z-Score of 8.85 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 8.85 mean?
Global Pet Industries (NSE:GLOBALPET) has a Altman Z-Score of 8.85 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Global Pet Industries and its competitors. This is 14% above median its historical median of 7.78. Over the past decade, Global Pet Industries' Altman Z-Score has ranged from 6.21 to 9.65. According to the industry distribution chart, Global Pet Industries ranks #455 out of 3007 companies in the Industrial Products industry, placing it in the top 15.1%.
Is Global Pet Industries' Altman Z-Score too high?
Global Pet Industries' current Altman Z-Score of 8.85 is 14% above median its 10-year median of 7.78. Over the past 10 years, this metric has ranged from a low of 6.21 to a high of 9.65. The Industrial Products industry median Altman Z-Score is 3.35. Global Pet Industries' value of 8.85 is 164.2% above this industry median. Based on the distribution chart, Global Pet Industries ranks #455 out of 3007 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Global Pet Industries has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Pet Industries' Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Global Pet Industries ranks #455 out of 3007 companies for Altman Z-Score. This places Global Pet Industries in the top 15% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.35. Global Pet Industries' value of 8.85 is 164.2% above this benchmark. Historically, Global Pet Industries' own Altman Z-Score has ranged from 6.21 to 9.65 over the past decade. While the company's 10-year median is 7.78 vs. the industry median of 3.35, Global Pet 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 Z-Score for an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.35, based on 3,007 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. Global Pet Industries's current Altman Z-Score of 8.85 is 164.2% 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 Global Pet Industries and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Pet Industries's current Altman Z-Score is 8.85, which is 14% above median its own 10-year median of 7.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Pet Industries stock overvalued right now?
Based on GuruFocus' analysis, Global Pet Industries (NSE:GLOBALPET) is currently considered Fairly Valued. The stock's GF Value™ is ₹138.97, compared to a current price of ₹150.50 — trading 8.3% above its estimated fair value. The current Altman Z-Score is 8.85, which is 14% above median its 10-year median of 7.78 and 164.2% above the Industrial Products industry median of 3.35. Global Pet Industries' overall GF Score™ is 62/100 with 4 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 Global Pet Industries (NSE:GLOBALPET), the current Altman Z-Score is 8.85 as of Jul. 03, 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 Global Pet Industries (NSE:GLOBALPET) Overvalued in 2026?

Based on GuruFocus' analysis, Global Pet Industries stock appears to be overvalued. The current stock price of ₹150.50 is trading 8.3% above its estimated GF Value™ of ₹138.97. GuruFocus considers Global Pet Industries to be Fairly Valued.

Key valuation signals for NSE:GLOBALPET:

  • Altman Z-Score: 8.85 (14% above median its 10-year median of 7.78)
  • GF Value™: ₹138.97 vs. price of ₹150.50 (8.3% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 164.2% above the Industrial Products median (#455 of 3007)

No single metric tells the full story. See the NSE:GLOBALPET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Pet Industries Business Description

Address Golani Naka, Unit No. 108 and 109, Karishma Industrial Estate, Dhumal Nagar, Village Waliv, Vasai-Virar, Vasai East, Palghar, Vasai, MH, IND, 401208
Global Pet Industries Ltd is engaged in manufacturing of PET Stretch Blow Moulding Machine which is used for manufacturing of machines which is suitable in the business segment of Pet stretch below moulding solutions from 50ml to 20 Litres of PET bottles such as fridge bottles, packaged drinking mineral water bottles, carbonated soft drinks bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic products bottles, confectionery jars, Pharma bottles, liquor & distilleries bottles, pesticides bottles, etc. Apart from manufacturing of PET Stretch Blow Moulding Machine, the company also provides after-sales services such as providing spares, components, accessories and providing repairs and maintenance of the machines after delivery.
62GF Score

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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹150.50
Price
₹138.97
GF Value