Bed Bath & BeyondBBBY -2.74%70 Net Current Asset Value is $-0.08 as of Mar. 2026. GuruFocus rates BBBY with a GF Score™ of 70/100 and a GF Value™ of $6.33 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 554 Retail - Cyclical companies, Bed Bath & Beyond ranks worse than 180505.23% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Bed Bath & Beyond's net current asset value per share for the quarter that ended in Mar. 2026 was $-0.08.
The historical rank and industry rank for Bed Bath & Beyond's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bed Bath & Beyond was 255.60. The lowest was 4.79. And the median was 13.83.
BBBY's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Cyclical industry.
Industry Median: 3.075 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Bed Bath & Beyond (NYSE:BBBY) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
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 Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Bed Bath & Beyond Net Current Asset Value Related Terms
Bed Bath & Beyond Net Current Asset Value Historical Data
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The historical data trend for Bed Bath & Beyond's Net Current Asset Value 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.
BBBY vs LOGC, NEGG, BZUN: Net Current Asset Value Comparison
For the Internet Retail subindustry, Bed Bath & Beyond's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.
Bed Bath & Beyond Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Bed Bath & Beyond's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Bed Bath & Beyond's Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of $-0.08 mean?
Bed Bath & Beyond (BBBY) has a Net Current Asset Value of $-0.08 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Bed Bath & Beyond and its competitors. Over the past decade, Bed Bath & Beyond's Net Current Asset Value has ranged from 4.79 to 255.60. According to the industry distribution chart, Bed Bath & Beyond ranks #999999 out of 554 companies in the Retail - Cyclical industry.
Is Bed Bath & Beyond's Net Current Asset Value too high?
Bed Bath & Beyond's current Net Current Asset Value is $-0.08. Over the past 10 years, this metric has ranged from a low of 4.79 to a high of 255.60. Based on the distribution chart, Bed Bath & Beyond ranks #999999 out of 554 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Bed Bath & Beyond has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bed Bath & Beyond's Net Current Asset Value compare to LOGC and NEGG?
According to the Retail - Cyclical industry distribution chart, Bed Bath & Beyond ranks #999999 out of 554 companies for Net Current Asset Value. This places Bed Bath & Beyond in the lower half of its industry. The industry median Net Current Asset Value is 3.08. Historically, Bed Bath & Beyond's own Net Current Asset Value has ranged from 4.79 to 255.60 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 Current Asset Value for a Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.08, based on 554 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Bed Bath & Beyond and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bed Bath & Beyond's current Net Current Asset Value is $-0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bed Bath & Beyond stock overvalued right now?
Based on GuruFocus' analysis, Bed Bath & Beyond (BBBY) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.33, compared to a current price of $5.67 — trading 10.4% below its estimated fair value. The current Net Current Asset Value is $-0.08. Bed Bath & Beyond's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Bed Bath & Beyond (BBBY), the current Net Current Asset Value is $-0.08 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 Bed Bath & Beyond (BBBY) Overvalued in 2026?
Based on GuruFocus' analysis, Bed Bath & Beyond stock appears to be undervalued.
The current stock price of $5.67 is trading 10.4% below its estimated GF Value™ of $6.33.
GuruFocus considers Bed Bath & Beyond to be Modestly Undervalued.
Key valuation signals for BBBY:
Net Current Asset Value: $-0.08
GF Value™: $6.33 vs. price of $5.67 (10.4% below fair value)
No single metric tells the full story. See the BBBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bed Bath & Beyond Inc is an e-commerce-focused retailer with an affinity model that owns or has ownership interests in various retail brands, offering products and services that enable its customers to enhance everyday life through quality, style, and value. The company currently owns Bed Bath & Beyond, Overstock, buybuy BABY, and other related brands and websites, as well as a blockchain asset portfolio. Its e-commerce platforms, www.bedbathandbeyond.com and www.overstock.com, are targeted at customers seeking various products such as furniture, bedding, area rugs, tabletop and cookware, decor, storage, jewelry, etc, at affordable prices. In addition to products, the company also offers add-on services across platforms, including warranties, shipping insurance, and installation services.
70GF Score
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