DRUG (Bright Minds Biosciences) Net Cash per Share: $22.17 (As of Jun. 2026)

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DRUG Bright Minds Biosciences Inc DRUG
34 GF Score
Price $72.32
! 1 Warning Sign
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What is Bright Minds Biosciences Net Cash per Share?

Bright Minds Biosciences DRUG -2.31% 34 Net Cash per Share is $22.17 as of Jun. 2026. GuruFocus rates DRUG with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 769 Biotechnology companies, Bright Minds Biosciences ranks better than 66.32% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Bright Minds Biosciences's Net Cash per Share for the quarter that ended in Jun. 2026 was $22.17.

The historical rank and industry rank for Bright Minds Biosciences's Net Cash per Share or its related term are showing as below:

DRUG' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.02   Med: 2.56   Max: 9.83
Current: 3.27

During the past 6 years, the highest Price-to-Net-Cash Ratio of Bright Minds Biosciences was 9.83. The lowest was 1.02. And the median was 2.56.

DRUG's Price-to-Net-Cash is ranked better than
66.32% of 769 companies
in the Biotechnology industry
Industry Median: 5.21 vs DRUG: 3.27

Bright Minds Biosciences  (NAS:DRUG) 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.


Bright Minds Biosciences Net Cash per Share Related Terms


Bright Minds Biosciences Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Bright Minds Biosciences's Net Cash per Share 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.

Bright Minds Biosciences Net Cash per Share Chart

Bright Minds Biosciences Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Cash per Share
Get a 7-Day Free Trial 6.38 2.15 1.27 0.84 7.62

Bright Minds Biosciences Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.24 7.62 8.14 22.72 22.17

DRUG vs VRTX, REGN, MRNA: Net Cash per Share Comparison

For the Biotechnology subindustry, Bright Minds Biosciences'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.


Bright Minds Biosciences Price-to-Net-Cash vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bright Minds Biosciences's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Bright Minds Biosciences's Price-to-Net-Cash falls into.


DRUG
34GF Score
Bright Minds Biosciences Inc DRUG
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Bright Minds Biosciences 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.

Bright Minds Biosciences's Net Cash per Share for the fiscal year that ended in Sep. 2025 is calculated as

Net Cash per Share (A: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(59.931-1.718-0)/7.636
=7.62

Bright Minds Biosciences's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(219.345-1.813-0)/9.812
=22.17

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $22.17 mean?
Bright Minds Biosciences (DRUG) has a Net Cash per Share of $22.17 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Bright Minds Biosciences and its competitors. According to the industry distribution chart, Bright Minds Biosciences ranks #259 out of 769 companies in the Biotechnology industry, placing it in the top 33.7%.
Is Bright Minds Biosciences' Net Cash per Share too high?
Bright Minds Biosciences' current Net Cash per Share is $22.17. The Biotechnology industry median Net Cash per Share is 5.21. Bright Minds Biosciences' value of $22.17 is 325.5% above this industry median. Based on the distribution chart, Bright Minds Biosciences ranks #259 out of 769 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Bright Minds Biosciences has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Bright Minds Biosciences' Net Cash per Share compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Bright Minds Biosciences ranks #259 out of 769 companies for Net Cash per Share. This puts Bright Minds Biosciences in the upper half of its industry. The industry median Net Cash per Share is 5.21. Bright Minds Biosciences' value of $22.17 is 325.5% 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 Net Cash per Share for a Biotechnology company?
The median Net Cash per Share among Biotechnology companies is 5.21, based on 769 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. Bright Minds Biosciences's current Net Cash per Share of $22.17 is 325.5% 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 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 Bright Minds Biosciences and its competitors. For the Biotechnology industry, the median Net Cash per Share is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Minds Biosciences's current Net Cash per Share is $22.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Minds Biosciences stock overvalued right now?
Bright Minds Biosciences (DRUG) has a current Net Cash per Share of $22.17. The current Net Cash per Share is $22.17 and 325.5% above the Biotechnology industry median of 5.21. Bright Minds Biosciences' overall GF Score™ is 34/100 with 1 warning sign 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 Bright Minds Biosciences (DRUG), the current Net Cash per Share is $22.17 as of Jun. 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.

Bright Minds Biosciences Business Description

Other Exchanges DRUG:Canada
Address 19 Vestry Street, New York, NY, USA, 10013
Bright Minds Biosciences Inc is focused on developing novel, transformative treatments for neuropsychiatric disorders, epilepsy, and pain. The company has a portfolio of next-generation serotonin agonists designed to target neurocircuit abnormalities that are responsible for difficult-to-treat disorders such as resistant epilepsy, treatment-resistant depression, PTSD, and pain. The company's drugs have been designed to potentially retain the powerful therapeutic aspects of psychedelic and other serotonergic compounds, while minimizing the side effects, thereby creating superior drugs to first-generation compounds, such as psilocybin.
34GF Score

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$72.32
Price