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.
Associated British EngineeringLSE:ASBE 26 Net Cash per Share is £0.11 as of Mar. 2026. GuruFocus rates LSE:ASBE with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 218 Capital Markets companies, Associated British Engineering ranks better than 79.36% on this metric.
The historical rank and industry rank for Associated British Engineering's Net Cash per Share or its related term are showing as below:
LSE:ASBE'
s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.68 Med: 0.88 Max: 3.64
Current: 1.82
During the past 13 years, the highest Price-to-Net-Cash Ratio of Associated British Engineering was 3.64. The lowest was 0.68. And the median was 0.88.
LSE:ASBE's Price-to-Net-Cash is ranked better than 79.36% of 218
companies
in the Capital Markets industry
Industry Median: 6.36
vs LSE:ASBE: 1.82
Associated British Engineering (LSE:ASBE) 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.
Associated British Engineering Net Cash per Share Related Terms
Associated British Engineering 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.
Associated British Engineering Net Cash per Share Chart
LSE:ASBE vs MS, GS, SCHW: Net Cash per Share Comparison
For the Capital Markets subindustry, Associated British Engineering'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.
Associated British Engineering Price-to-Net-Cash vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Associated British Engineering's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Associated British Engineering's Price-to-Net-Cash falls into.
Associated British Engineering 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.
Associated British Engineering (LSE:ASBE) has a Net Cash per Share of £0.11 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Associated British Engineering and its competitors. According to the industry distribution chart, Associated British Engineering ranks #45 out of 218 companies in the Capital Markets industry, placing it in the top 20.6%.
Is Associated British Engineering's Net Cash per Share too high?
Associated British Engineering's current Net Cash per Share is £0.11. Based on the distribution chart, Associated British Engineering ranks #45 out of 218 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Associated British Engineering has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Associated British Engineering's Net Cash per Share compare to MS and GS?
According to the Capital Markets industry distribution chart, Associated British Engineering ranks #45 out of 218 companies for Net Cash per Share. This places Associated British Engineering in the top 21% of its industry — outperforming the majority of peers. The industry median Net Cash per Share is 6.36. 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 Capital Markets company?
The median Net Cash per Share among Capital Markets companies is 6.36, based on 218 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 Associated British Engineering and its competitors. For the Capital Markets industry, the median Net Cash per Share is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated British Engineering's current Net Cash per Share is £0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated British Engineering stock overvalued right now?
Associated British Engineering (LSE:ASBE) has a current Net Cash per Share of £0.11. The current Net Cash per Share is £0.11. Associated British Engineering's overall GF Score™ is 26/100 with 2 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 Associated British Engineering (LSE:ASBE), the current Net Cash per Share is £0.11 as of Mar. 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.
Associated British Engineering Plc is a United Kingdom-based holding company. The Company's segments include Associated British Engineering Plc and Akoris Trading Limited. Akoris Trading Limited, its subsidiary, is a commodity and natural resource trading, finance, and investment company. Its operations are located in the United Kingdom.
26GF Score
Get the complete analysis for LSE:ASBE
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
LSE:ASBE has been successfully added to your 
