Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Progressive Planet Solutions's Net Cash per Share or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Cash Ratio of Progressive Planet Solutions was 48.50. The lowest was 6.30. And the median was 22.50.
ASHXF's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7 * Ranked among companies with meaningful Price-to-Net-Cash only.
Progressive Planet Solutions (OTCPK:ASHXF) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Progressive Planet Solutions Net Cash per Share Related Terms
Progressive Planet Solutions Net Cash per Share Historical Data
* 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.
Progressive Planet Solutions Net Cash per Share Chart
Progressive Planet Solutions Net Cash per Share Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Progressive Planet Solutions's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
Progressive Planet Solutions Price-to-Net-Cash vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Progressive Planet Solutions's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Progressive Planet Solutions's Price-to-Net-Cash falls into.
Progressive Planet Solutions Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
* 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.
Progressive Planet Solutions (ASHXF) has a Net Cash per Share of $-0.06 as of Jan. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Progressive Planet Solutions and its competitors. Over the past decade, Progressive Planet Solutions' Net Cash per Share has ranged from 6.30 to 48.50. According to the industry distribution chart, Progressive Planet Solutions ranks #999999 out of 1055 companies in the Metals & Mining industry.
Is Progressive Planet Solutions' Net Cash per Share too high?
Progressive Planet Solutions' current Net Cash per Share is $-0.06. Over the past 10 years, this metric has ranged from a low of 6.30 to a high of 48.50. Based on the distribution chart, Progressive Planet Solutions ranks #999999 out of 1055 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Progressive Planet Solutions has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Planet Solutions' Net Cash per Share compare to competitors?
According to the Metals & Mining industry distribution chart, Progressive Planet Solutions ranks #999999 out of 1055 companies for Net Cash per Share. This places Progressive Planet Solutions in the lower half of its industry. The industry median Net Cash per Share is 7.00. Historically, Progressive Planet Solutions' own Net Cash per Share has ranged from 6.30 to 48.50 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.00, based on 1,055 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Progressive Planet Solutions and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive Planet Solutions's current Net Cash per Share is $-0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Planet Solutions stock overvalued right now?
Based on GuruFocus' analysis, Progressive Planet Solutions (ASHXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.15, compared to a current price of $0.26 — trading 76.1% above its estimated fair value. The current Net Cash per Share is $-0.06. Progressive Planet Solutions' overall GF Score™ is 36/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Progressive Planet Solutions (ASHXF), the current Net Cash per Share is $-0.06 as of Jan. 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 Progressive Planet Solutions (ASHXF) Overvalued in 2026?
Based on GuruFocus' analysis, Progressive Planet Solutions stock appears to be overvalued.
The current stock price of $0.26 is trading 76.1% above its estimated GF Value™ of $0.15.
GuruFocus considers Progressive Planet Solutions to be Significantly Overvalued.
Key valuation signals for ASHXF:
Net Cash per Share: $-0.06
GF Value™: $0.15 vs. price of $0.26 (76.1% above fair value)
No single metric tells the full story. See the ASHXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progressive Planet Solutions Inc is a manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. It owns a diatomaceous earth mine and a bentonite mine both located in Canada, and is also an operator and partial owner of a zeolite mine. Its expertise lies in developing critical low-carbon and carbon sequestering solutions. The company is also engaged in research and development activities to expand its current operations by developing products for the agricultural and supplementary cementing materials markets. Geographically, its products are sold in the United States where it generates maximum revenue, and in Canada.
36GF Score
Get the complete analysis for ASHXF
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASHXF has been successfully added to your 
