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).
The historical rank and industry rank for PT Pacific Strategic Financial Tbk's Net Current Asset Value or its related term are showing as below:
ISX:APIC'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.45 Med: 14.55 Max: 103.75
Current: 60.33
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Pacific Strategic Financial Tbk was 103.75. The lowest was 7.45. And the median was 14.55.
ISX:APIC's Price-to-Net-Current-Asset-Value is ranked worse than 100% of 26
companies
in the Insurance industry
Industry Median: 6.485
vs ISX:APIC: 60.33
PT Pacific Strategic Financial Tbk (ISX:APIC) 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.
PT Pacific Strategic Financial Tbk Net Current Asset Value Related Terms
PT Pacific Strategic Financial Tbk Net Current Asset Value 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.
PT Pacific Strategic Financial Tbk Net Current Asset Value Chart
ISX:APIC vs AFL, MET, PRU: Net Current Asset Value Comparison
For the Insurance - Life subindustry, PT Pacific Strategic Financial Tbk'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.
PT Pacific Strategic Financial Tbk Price-to-Net-Current-Asset-Value vs Insurance Industry
For the Insurance industry and Financial Services sector, PT Pacific Strategic Financial Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT Pacific Strategic Financial Tbk'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 Rp10.94 mean?
PT Pacific Strategic Financial Tbk (ISX:APIC) has a Net Current Asset Value of Rp10.94 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 PT Pacific Strategic Financial Tbk and its competitors. This is 25% below median its historical median of 14.55. Over the past decade, PT Pacific Strategic Financial Tbk's Net Current Asset Value has ranged from 7.45 to 103.75. According to the industry distribution chart, PT Pacific Strategic Financial Tbk ranks #26 out of 26 companies in the Insurance industry.
Is PT Pacific Strategic Financial Tbk's Net Current Asset Value too high?
PT Pacific Strategic Financial Tbk's current Net Current Asset Value of Rp10.94 is 25% below median its 10-year median of 14.55. Over the past 10 years, this metric has ranged from a low of 7.45 to a high of 103.75. Based on the distribution chart, PT Pacific Strategic Financial Tbk ranks #26 out of 26 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, PT Pacific Strategic Financial Tbk 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 PT Pacific Strategic Financial Tbk's Net Current Asset Value compare to AFL and MET?
According to the Insurance industry distribution chart, PT Pacific Strategic Financial Tbk ranks #26 out of 26 companies for Net Current Asset Value. This places PT Pacific Strategic Financial Tbk in the lower half of its industry. The industry median Net Current Asset Value is 6.49. Historically, PT Pacific Strategic Financial Tbk's own Net Current Asset Value has ranged from 7.45 to 103.75 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 an Insurance company?
The median Net Current Asset Value among Insurance companies is 6.49, based on 26 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 PT Pacific Strategic Financial Tbk and its competitors. For the Insurance industry, the median Net Current Asset Value is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pacific Strategic Financial Tbk's current Net Current Asset Value is Rp10.94, which is 25% below median its own 10-year median of 14.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pacific Strategic Financial Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pacific Strategic Financial Tbk (ISX:APIC) is currently considered Possible Value Trap. The stock's GF Value™ is Rp1,070.08, compared to a current price of Rp660.00 — trading 38.3% below its estimated fair value. The current Net Current Asset Value is Rp10.94, which is 25% below median its 10-year median of 14.55. PT Pacific Strategic Financial Tbk's overall GF Score™ is 59/100 with 7 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 PT Pacific Strategic Financial Tbk (ISX:APIC), the current Net Current Asset Value is Rp10.94 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 PT Pacific Strategic Financial Tbk (ISX:APIC) Overvalued in 2026?
Based on GuruFocus' analysis, PT Pacific Strategic Financial Tbk stock appears to be undervalued.
The current stock price of Rp660.00 is trading 38.3% below its estimated GF Value™ of Rp1,070.08.
GuruFocus considers PT Pacific Strategic Financial Tbk to be Possible Value Trap.
Key valuation signals for ISX:APIC:
Net Current Asset Value: Rp10.94 (25% below median its 10-year median of 14.55)
GF Value™: Rp1,070.08 vs. price of Rp660.00 (38.3% below fair value)
No single metric tells the full story. See the ISX:APIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Pacific Strategic Financial Tbk Business Description
PT Pacific Strategic Financial Tbk is an Indonesian company that carries out activities as an investment company and engages in capital investment through its subsidiaries. It runs its business in the field of investment on securities trading, investment managers, and financial management, as well as other financing institutions. The services provided by the company through its subsidiaries include investment management services for mutual funds and other investments; financial management services, as well as venture capital and consumer financing, and conventional and sharia life insurance services.
59GF Score
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