Cue BiopharmaCUE -0.28%59 Net Current Asset Value is $5.26 as of Mar. 2026, which is 3% below its 10-year median of 5.45. GuruFocus rates CUE with a GF Score™ of 59/100 and a GF Value™ of $62.39 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 943 Biotechnology companies, Cue Biopharma ranks worse than 53.34% 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).
Cue Biopharma's net current asset value per share for the quarter that ended in Mar. 2026 was $5.26.
The historical rank and industry rank for Cue Biopharma's Net Current Asset Value or its related term are showing as below:
CUE'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.31 Med: 5.45 Max: 227.75
Current: 5.39
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Cue Biopharma was 227.75. The lowest was 1.31. And the median was 5.45.
CUE's Price-to-Net-Current-Asset-Value is ranked worse than 53.34% of 943
companies
in the Biotechnology industry
Industry Median: 4.96
vs CUE: 5.39
Cue Biopharma (NAS:CUE) 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.
Cue Biopharma Net Current Asset Value Related Terms
Cue Biopharma Net Current Asset Value Historical Data
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The historical data trend for Cue Biopharma'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.
CUE vs ALPS, AARD, KLRS: Net Current Asset Value Comparison
For the Biotechnology subindustry, Cue Biopharma'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.
Cue Biopharma Price-to-Net-Current-Asset-Value vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Cue Biopharma's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Cue Biopharma'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 $5.26 mean?
Cue Biopharma (CUE) has a Net Current Asset Value of $5.26 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 Cue Biopharma and its competitors. This is near median its historical median of 5.45. Over the past decade, Cue Biopharma's Net Current Asset Value has ranged from 1.31 to 227.75. According to the industry distribution chart, Cue Biopharma ranks #503 out of 943 companies in the Biotechnology industry, placing it in the top 53.3%.
Is Cue Biopharma's Net Current Asset Value too high?
Cue Biopharma's current Net Current Asset Value of $5.26 is near median its 10-year median of 5.45. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 227.75. The Biotechnology industry median Net Current Asset Value is 4.96. Cue Biopharma's value of $5.26 is 6% above this industry median. Based on the distribution chart, Cue Biopharma ranks #503 out of 943 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Cue Biopharma has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cue Biopharma's Net Current Asset Value compare to ALPS and AARD?
According to the Biotechnology industry distribution chart, Cue Biopharma ranks #503 out of 943 companies for Net Current Asset Value. This places Cue Biopharma in the lower half of its industry. The industry median Net Current Asset Value is 4.96. Cue Biopharma's value of $5.26 is 6% above this benchmark. Historically, Cue Biopharma's own Net Current Asset Value has ranged from 1.31 to 227.75 over the past decade. While the company's 10-year median is 5.45 vs. the industry median of 4.96, Cue Biopharma has consistently been above 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 4.96, based on 943 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. Cue Biopharma's current Net Current Asset Value of $5.26 is 6% above 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 Cue Biopharma and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cue Biopharma's current Net Current Asset Value is $5.26, which is near median its own 10-year median of 5.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cue Biopharma stock overvalued right now?
Based on GuruFocus' analysis, Cue Biopharma (CUE) is currently considered Possible Value Trap. The stock's GF Value™ is $62.39, compared to a current price of $28.33 — trading 54.6% below its estimated fair value. The current Net Current Asset Value is $5.26, which is near median its 10-year median of 5.45 and 6% above the Biotechnology industry median of 4.96. Cue Biopharma's overall GF Score™ is 59/100 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 Cue Biopharma (CUE), the current Net Current Asset Value is $5.26 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 Cue Biopharma (CUE) Overvalued in 2026?
Based on GuruFocus' analysis, Cue Biopharma stock appears to be undervalued.
The current stock price of $28.33 is trading 54.6% below its estimated GF Value™ of $62.39.
GuruFocus considers Cue Biopharma to be Possible Value Trap.
Key valuation signals for CUE:
Net Current Asset Value: $5.26 (near median its 10-year median of 5.45)
GF Value™: $62.39 vs. price of $28.33 (54.6% below fair value)
Industry Position: 6% above the Biotechnology median (#503 of 943)
No single metric tells the full story. See the CUE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cue Biopharma Inc is a clinical-stage therapeutics company focused on advancing a robust portfolio of potentially transformative therapies aimed at enabling functional cures across immunological disorders. Its product pipeline includes CUE-221, an anti-IgE antibody candidate being developed for allergic diseases. The company has also developed the Immuno-STAT platform for targeting disease-related T cells and is developing CUE-401, an IL-2 and TGF-B therapeutic candidate for autoimmune diseases.
59GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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