Bursa De Valori BucurestiBSE:BVB -0.34%100 Net Current Asset Value is lei5.52 as of Mar. 2026, which is 100% below its 10-year median of 10.01. GuruFocus rates BSE:BVB with a GF Score™ of 100/100 and a GF Value™ of lei48.68 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 501 Capital Markets companies, Bursa De Valori Bucuresti ranks worse than 81.04% 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).
Bursa De Valori Bucuresti's net current asset value per share for the quarter that ended in Mar. 2026 was lei5.52.
The historical rank and industry rank for Bursa De Valori Bucuresti's Net Current Asset Value or its related term are showing as below:
BSE:BVB'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.8 Med: 10.01 Max: 409.44
Current: 10.69
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bursa De Valori Bucuresti was 409.44. The lowest was 3.80. And the median was 10.01.
BSE:BVB's Price-to-Net-Current-Asset-Value is ranked worse than 81.04% of 501
companies
in the Capital Markets industry
Industry Median: 2.81
vs BSE:BVB: 10.69
Bursa De Valori Bucuresti (BSE:BVB) 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.
Bursa De Valori Bucuresti Net Current Asset Value Related Terms
Bursa De Valori Bucuresti Net Current Asset Value Historical Data
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The historical data trend for Bursa De Valori Bucuresti'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.
Bursa De Valori Bucuresti Net Current Asset Value Chart
BSE:BVB vs SPGI, CME, MCO: Net Current Asset Value Comparison
For the Financial Data & Stock Exchanges subindustry, Bursa De Valori Bucuresti'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.
Bursa De Valori Bucuresti Price-to-Net-Current-Asset-Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bursa De Valori Bucuresti's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Bursa De Valori Bucuresti'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 lei5.52 mean?
Bursa De Valori Bucuresti (BSE:BVB) has a Net Current Asset Value of lei5.52 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 Bursa De Valori Bucuresti and its competitors. This is 45% below median its historical median of 10.01. Over the past decade, Bursa De Valori Bucuresti's Net Current Asset Value has ranged from 3.80 to 409.44. According to the industry distribution chart, Bursa De Valori Bucuresti ranks #406 out of 501 companies in the Capital Markets industry, placing it in the top 81%.
Is Bursa De Valori Bucuresti's Net Current Asset Value too high?
Bursa De Valori Bucuresti's current Net Current Asset Value of lei5.52 is 45% below median its 10-year median of 10.01. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 409.44. Based on the distribution chart, Bursa De Valori Bucuresti ranks #406 out of 501 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bursa De Valori Bucuresti has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bursa De Valori Bucuresti's Net Current Asset Value compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Bursa De Valori Bucuresti ranks #406 out of 501 companies for Net Current Asset Value. This places Bursa De Valori Bucuresti in the lower half of its industry. The industry median Net Current Asset Value is 2.81. Historically, Bursa De Valori Bucuresti's own Net Current Asset Value has ranged from 3.80 to 409.44 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 Capital Markets company?
The median Net Current Asset Value among Capital Markets companies is 2.81, based on 501 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 Bursa De Valori Bucuresti and its competitors. For the Capital Markets industry, the median Net Current Asset Value is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bursa De Valori Bucuresti's current Net Current Asset Value is lei5.52, which is 45% below median its own 10-year median of 10.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa De Valori Bucuresti stock overvalued right now?
Based on GuruFocus' analysis, Bursa De Valori Bucuresti (BSE:BVB) is currently considered Modestly Overvalued. The stock's GF Value™ is lei48.68, compared to a current price of lei59.00 — trading 21.2% above its estimated fair value. The current Net Current Asset Value is lei5.52, which is 45% below median its 10-year median of 10.01. Bursa De Valori Bucuresti's overall GF Score™ is 100/100 with 4 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 Bursa De Valori Bucuresti (BSE:BVB), the current Net Current Asset Value is lei5.52 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 Bursa De Valori Bucuresti (BSE:BVB) Overvalued in 2026?
Based on GuruFocus' analysis, Bursa De Valori Bucuresti stock appears to be overvalued.
The current stock price of lei59.00 is trading 21.2% above its estimated GF Value™ of lei48.68.
GuruFocus considers Bursa De Valori Bucuresti to be Modestly Overvalued.
Key valuation signals for BSE:BVB:
Net Current Asset Value: lei5.52 (45% below median its 10-year median of 10.01)
GF Value™: lei48.68 vs. price of lei59.00 (21.2% above fair value)
No single metric tells the full story. See the BSE:BVB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bursa De Valori Bucuresti SA is engaged in the management and operation of financial markets. The company operates through four business segments, including Capital Markets, Post-trading Services, Registry Services, and CCP.RO Services. The Capital Markets segment involves trading in securities and financial instruments on regulated markets. Post-trading Services include services provided after the completion of transactions until funds are received and securities are transferred to portfolios. Registry Services involve maintaining and updating shareholder registers for listed companies. CCP.RO Services relate to the implementation and operation of central counterparty activities. The majority of the company's revenue is generated from Capital Markets trading services.
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