Graham Net Current Asset Value per Share

12 thg 12, 2020

Net current asset value per share (NCAVPS) is a measure created by Benjamin Graham as one means of gauging the attractiveness of a stock. A key metric for value investors, NCAVPS is calculated by taking a company's current assets and subtracting total liabilities.

NCAVPS = Current Assets - (Total Liabilities + Preferred Stock) ÷ Shares Outstanding.

According to Graham, investors will benefit greatly if they invest in companies where the stock prices are no more than 67% (or 2/3) of their NCAV per share (price <= (2/3)*NCAV).

Coloring pattern:
- price <= (1/3)*ncav -> light green
- (1/3)*ncav < price <= (2/3)*ncav -> green
- (2/3)*ncav < price <= ncav -> dim red
- price > ncav -> red

13 thg 12, 2020

Phát hành các Ghi chú

Total liabilities should be subtracted not current.

19 thg 12, 2020

Phát hành các Ghi chú

Additional assets and liabilities parameters.