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PHS:NRCP's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 6 * Ranked among companies with meaningful Price-to-Net-Cash only.
National Reinsurance of the Philippines (PHS:NRCP) 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.
National Reinsurance of the Philippines Net Cash per Share Related Terms
National Reinsurance of the Philippines 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.
National Reinsurance of the Philippines Net Cash per Share Chart
National Reinsurance of the Philippines Annual Data
PHS:NRCP vs RGA, EG, RNR: Net Cash per Share Comparison
For the Insurance - Reinsurance subindustry, National Reinsurance of the Philippines'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.
National Reinsurance of the Philippines Price-to-Net-Cash vs Insurance Industry
For the Insurance industry and Financial Services sector, National Reinsurance of the Philippines's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where National Reinsurance of the Philippines's Price-to-Net-Cash falls into.
National Reinsurance of the Philippines 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.
National Reinsurance of the Philippines (PHS:NRCP) has a Net Cash per Share of ₱-5.99 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 National Reinsurance of the Philippines and its competitors. According to the industry distribution chart, National Reinsurance of the Philippines ranks #999999 out of 42 companies in the Insurance industry.
Is National Reinsurance of the Philippines' Net Cash per Share too high?
National Reinsurance of the Philippines' current Net Cash per Share is ₱-5.99. Based on the distribution chart, National Reinsurance of the Philippines ranks #999999 out of 42 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, National Reinsurance of the Philippines has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Reinsurance of the Philippines' Net Cash per Share compare to RGA and EG?
According to the Insurance industry distribution chart, National Reinsurance of the Philippines ranks #999999 out of 42 companies for Net Cash per Share. This places National Reinsurance of the Philippines in the lower half of its industry. The industry median Net Cash per Share is 6.00. 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 an Insurance company?
The median Net Cash per Share among Insurance companies is 6.00, based on 42 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 National Reinsurance of the Philippines and its competitors. For the Insurance industry, the median Net Cash per Share is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Reinsurance of the Philippines's current Net Cash per Share is ₱-5.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Reinsurance of the Philippines stock overvalued right now?
Based on GuruFocus' analysis, National Reinsurance of the Philippines (PHS:NRCP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.61, compared to a current price of ₱0.97 — trading 59% above its estimated fair value. The current Net Cash per Share is ₱-5.99. National Reinsurance of the Philippines' overall GF Score™ is 43/100 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 National Reinsurance of the Philippines (PHS:NRCP), the current Net Cash per Share is ₱-5.99 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.
Is National Reinsurance of the Philippines (PHS:NRCP) Overvalued in 2026?
Based on GuruFocus' analysis, National Reinsurance of the Philippines stock appears to be overvalued.
The current stock price of ₱0.97 is trading 59% above its estimated GF Value™ of ₱0.61.
GuruFocus considers National Reinsurance of the Philippines to be Significantly Overvalued.
Key valuation signals for PHS:NRCP:
Net Cash per Share: ₱-5.99
GF Value™: ₱0.61 vs. price of ₱0.97 (59% above fair value)
No single metric tells the full story. See the PHS:NRCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Reinsurance Corp of the Philippines engages in the provision of reinsurance products and services. It operates through the following businesses: life and non-life. The Life Business includes proportional insurance for individual, ordinary, and group businesses, as well as non-proportional insurance for catastrophe, an excess of loss, and stop loss. Non-Life Business provides insurance on fire, aviation, marine and aviation, casualty, motor, and others.
43GF Score
Get the complete analysis for PHS:NRCP
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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