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 8.95 is strong.
Shree Rama Multi-Tech has a Altman Z-Score of 8.76, 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 Shree Rama Multi-Tech's Altman Z-Score or its related term are showing as below:
NSE:SHREERAMA'
s Altman Z-Score Range Over the Past 10 Years
Min: -2.04 Med: -1.39 Max: 9.43
Current: 8.95
During the past 13 years, Shree Rama Multi-Tech's highest Altman Z-Score was 9.43. The lowest was -2.04. And the median was -1.39.
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.
Shree Rama Multi-Tech Altman Z-Score Related Terms
Shree Rama Multi-Tech Altman Z-Score Historical Data
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The historical data trend for Shree Rama Multi-Tech'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.
NSE:SHREERAMA vs SW, PKG, IP: Altman Z-Score Comparison
For the Packaging & Containers subindustry, Shree Rama Multi-Tech'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.
Shree Rama Multi-Tech Altman Z-Score vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Shree Rama Multi-Tech's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Shree Rama Multi-Tech'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.
Shree Rama Multi-Tech (NSE:SHREERAMA) has a Altman Z-Score of 8.76 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Shree Rama Multi-Tech and its competitors. According to the industry distribution chart, Shree Rama Multi-Tech ranks #28 out of 390 companies in the Packaging & Containers industry, placing it in the top 7.2%.
Is Shree Rama Multi-Tech's Altman Z-Score too high?
Shree Rama Multi-Tech's current Altman Z-Score is 8.76. The Packaging & Containers industry median Altman Z-Score is 2.67. Shree Rama Multi-Tech's value of 8.76 is 228.1% above this industry median. Based on the distribution chart, Shree Rama Multi-Tech ranks #28 out of 390 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Shree Rama Multi-Tech has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shree Rama Multi-Tech's Altman Z-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Shree Rama Multi-Tech ranks #28 out of 390 companies for Altman Z-Score. This places Shree Rama Multi-Tech in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.67. Shree Rama Multi-Tech's value of 8.76 is 228.1% above this benchmark. 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 Packaging & Containers company?
The median Altman Z-Score among Packaging & Containers companies is 2.67, based on 390 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. Shree Rama Multi-Tech's current Altman Z-Score of 8.76 is 228.1% 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 Shree Rama Multi-Tech and its competitors. For the Packaging & Containers industry, the median Altman Z-Score is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Rama Multi-Tech's current Altman Z-Score is 8.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Rama Multi-Tech stock overvalued right now?
Based on GuruFocus' analysis, Shree Rama Multi-Tech (NSE:SHREERAMA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹37.52, compared to a current price of ₹42.49 — trading 13.2% above its estimated fair value. The current Altman Z-Score is 8.76 and 228.1% above the Packaging & Containers industry median of 2.67. Shree Rama Multi-Tech's overall GF Score™ is 61/100 with 1 warning sign 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 Shree Rama Multi-Tech (NSE:SHREERAMA), the current Altman Z-Score is 8.76 as of Jul. 09, 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 Shree Rama Multi-Tech (NSE:SHREERAMA) Overvalued in 2026?
Based on GuruFocus' analysis, Shree Rama Multi-Tech stock appears to be overvalued.
The current stock price of ₹42.49 is trading 13.2% above its estimated GF Value™ of ₹37.52.
GuruFocus considers Shree Rama Multi-Tech to be Modestly Overvalued.
Key valuation signals for NSE:SHREERAMA:
Altman Z-Score: 8.76
GF Value™: ₹37.52 vs. price of ₹42.49 (13.2% above fair value)
Industry Position: 228.1% above the Packaging & Containers median (#28 of 390)
No single metric tells the full story. See the NSE:SHREERAMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shree Rama Multi-Tech Ltd is an Indian based company operates in packaging and containers division. The company is principally engaged in the manufacturing and sale of plastic packaging products. It offers products such as plastic laminated tubes, multilayer tubes, monolayer tubes, monolayer seamless tubes, labels and stickers, tarpaulin, paper cups, and others. Geographically it operates through India, however, it also has its presence in Europe, Asia, Africa, North America, South America, and Russia.
61GF Score
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