Corcept TherapeuticsCORT +0.65%82 Net Current Asset Value is $2.32 as of Mar. 2026, which is 72% below its 10-year median of 8.24. GuruFocus rates CORT with a GF Score™ of 82/100 and a GF Value™ of $61.67 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 946 Biotechnology companies, Corcept Therapeutics ranks worse than 92.71% 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).
Corcept Therapeutics's net current asset value per share for the quarter that ended in Mar. 2026 was $2.32.
The historical rank and industry rank for Corcept Therapeutics's Net Current Asset Value or its related term are showing as below:
CORT'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.42 Med: 8.24 Max: 43.93
Current: 37.88
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Corcept Therapeutics was 43.93. The lowest was 4.42. And the median was 8.24.
CORT's Price-to-Net-Current-Asset-Value is ranked worse than 92.71% of 946
companies
in the Biotechnology industry
Industry Median: 4.86
vs CORT: 37.88
Corcept Therapeutics (NAS:CORT) 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.
Corcept Therapeutics Net Current Asset Value Related Terms
Corcept Therapeutics Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Corcept Therapeutics'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.
Corcept Therapeutics Net Current Asset Value Chart
CORT vs PRAX, IBRX, NUVL: Net Current Asset Value Comparison
For the Biotechnology subindustry, Corcept Therapeutics'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.
Corcept Therapeutics Price-to-Net-Current-Asset-Value vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Corcept Therapeutics's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Corcept Therapeutics'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 $2.32 mean?
Corcept Therapeutics (CORT) has a Net Current Asset Value of $2.32 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 Corcept Therapeutics and its competitors. This is 72% below median its historical median of 8.24. Over the past decade, Corcept Therapeutics' Net Current Asset Value has ranged from 4.42 to 43.93. According to the industry distribution chart, Corcept Therapeutics ranks #877 out of 946 companies in the Biotechnology industry, placing it in the top 92.7%.
Is Corcept Therapeutics' Net Current Asset Value too high?
Corcept Therapeutics' current Net Current Asset Value of $2.32 is 72% below median its 10-year median of 8.24. Over the past 10 years, this metric has ranged from a low of 4.42 to a high of 43.93. The Biotechnology industry median Net Current Asset Value is 4.86. Corcept Therapeutics' value of $2.32 is 52.3% below this industry median. Based on the distribution chart, Corcept Therapeutics ranks #877 out of 946 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Corcept Therapeutics has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Corcept Therapeutics' Net Current Asset Value compare to PRAX and IBRX?
According to the Biotechnology industry distribution chart, Corcept Therapeutics ranks #877 out of 946 companies for Net Current Asset Value. This places Corcept Therapeutics in the lower half of its industry. The industry median Net Current Asset Value is 4.86. Corcept Therapeutics' value of $2.32 is 52.3% below this benchmark. Historically, Corcept Therapeutics' own Net Current Asset Value has ranged from 4.42 to 43.93 over the past decade. While the company's 10-year median is 8.24 vs. the industry median of 4.86, Corcept Therapeutics has consistently been below the industry average. 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 Biotechnology company?
The median Net Current Asset Value among Biotechnology companies is 4.86, based on 946 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. Corcept Therapeutics's current Net Current Asset Value of $2.32 is 52.3% below 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 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 Corcept Therapeutics and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corcept Therapeutics's current Net Current Asset Value is $2.32, which is 72% below median its own 10-year median of 8.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corcept Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Corcept Therapeutics (CORT) is currently considered Significantly Overvalued. The stock's GF Value™ is $61.67, compared to a current price of $87.89 — trading 42.5% above its estimated fair value. The current Net Current Asset Value is $2.32, which is 72% below median its 10-year median of 8.24 and 52.3% below the Biotechnology industry median of 4.86. Corcept Therapeutics' overall GF Score™ is 82/100 with 8 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 Corcept Therapeutics (CORT), the current Net Current Asset Value is $2.32 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 Corcept Therapeutics (CORT) Overvalued in 2026?
Based on GuruFocus' analysis, Corcept Therapeutics stock appears to be overvalued.
The current stock price of $87.89 is trading 42.5% above its estimated GF Value™ of $61.67.
GuruFocus considers Corcept Therapeutics to be Significantly Overvalued.
Key valuation signals for CORT:
Net Current Asset Value: $2.32 (72% below median its 10-year median of 8.24)
GF Value™: $61.67 vs. price of $87.89 (42.5% above fair value)
Industry Position: 52.3% below the Biotechnology median (#877 of 946)
No single metric tells the full story. See the CORT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Corcept Therapeutics Inc is a commercial-stage pharmaceutical company engaged in the discovery and development of medications that treat severe metabolic, oncologic, and neuropsychiatric disorders by modulating the effect of the cortisol hormone. The company markets Korlym (mifepristone) tablets and its authorized generic version, which is an oral medication for the treatment of hypercortisolism (also known as Cushing's syndrome). Additionally, its pipeline contains several key compounds, such as Relacorilant, Dazucorilant, Miricorilant, etc., that are being evaluated in clinical trials as potential treatments for a variety of serious disorders like hypercortisolism, solid tumors (including ovarian, endometrial, cervical, pancreatic, and prostate cancers), ALS, and MASH.
82GF Score
Get the complete analysis for CORT
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CORT has been successfully added to your 
