Ovid TherapeuticsOVID -1.28%48 Net Current Asset Value is $0.79 as of Mar. 2026, which is 67% below its 10-year median of 2.41. GuruFocus rates OVID with a GF Score™ of 48/100 and a GF Value™ of $8.46 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 946 Biotechnology companies, Ovid Therapeutics ranks better than 61.95% 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).
Ovid Therapeutics's net current asset value per share for the quarter that ended in Mar. 2026 was $0.79.
The historical rank and industry rank for Ovid Therapeutics's Net Current Asset Value or its related term are showing as below:
OVID'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.95 Med: 2.41 Max: 14.45
Current: 3.41
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ovid Therapeutics was 14.45. The lowest was 0.95. And the median was 2.41.
OVID's Price-to-Net-Current-Asset-Value is ranked better than 61.95% of 946
companies
in the Biotechnology industry
Industry Median: 4.87
vs OVID: 3.41
Ovid Therapeutics (NAS:OVID) 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.
Ovid Therapeutics Net Current Asset Value Related Terms
Ovid Therapeutics Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Ovid 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.
OVID vs ARTV, CCCC, RZLT: Net Current Asset Value Comparison
For the Biotechnology subindustry, Ovid 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.
Ovid Therapeutics Price-to-Net-Current-Asset-Value vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Ovid Therapeutics's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Ovid 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 $0.79 mean?
Ovid Therapeutics (OVID) has a Net Current Asset Value of $0.79 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 Ovid Therapeutics and its competitors. This is 67% below median its historical median of 2.41. Over the past decade, Ovid Therapeutics' Net Current Asset Value has ranged from 0.95 to 14.45. According to the industry distribution chart, Ovid Therapeutics ranks #360 out of 946 companies in the Biotechnology industry, placing it in the top 38.1%.
Is Ovid Therapeutics' Net Current Asset Value too high?
Ovid Therapeutics' current Net Current Asset Value of $0.79 is 67% below median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 14.45. The Biotechnology industry median Net Current Asset Value is 4.87. Ovid Therapeutics' value of $0.79 is 83.8% below this industry median. Based on the distribution chart, Ovid Therapeutics ranks #360 out of 946 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Ovid Therapeutics has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ovid Therapeutics' Net Current Asset Value compare to ARTV and CCCC?
According to the Biotechnology industry distribution chart, Ovid Therapeutics ranks #360 out of 946 companies for Net Current Asset Value. This puts Ovid Therapeutics in the upper half of its industry. The industry median Net Current Asset Value is 4.87. Ovid Therapeutics' value of $0.79 is 83.8% below this benchmark. Historically, Ovid Therapeutics' own Net Current Asset Value has ranged from 0.95 to 14.45 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 4.87, Ovid 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 4.87, 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. Ovid Therapeutics's current Net Current Asset Value of $0.79 is 83.8% 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 Ovid Therapeutics and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ovid Therapeutics's current Net Current Asset Value is $0.79, which is 67% below median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovid Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Ovid Therapeutics (OVID) is currently considered Possible Value Trap. The stock's GF Value™ is $8.46, compared to a current price of $2.69 — trading 68.2% below its estimated fair value. The current Net Current Asset Value is $0.79, which is 67% below median its 10-year median of 2.41 and 83.8% below the Biotechnology industry median of 4.87. Ovid Therapeutics' overall GF Score™ is 48/100 with 6 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 Ovid Therapeutics (OVID), the current Net Current Asset Value is $0.79 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 Ovid Therapeutics (OVID) Overvalued in 2026?
Based on GuruFocus' analysis, Ovid Therapeutics stock appears to be undervalued.
The current stock price of $2.69 is trading 68.2% below its estimated GF Value™ of $8.46.
GuruFocus considers Ovid Therapeutics to be Possible Value Trap.
Key valuation signals for OVID:
Net Current Asset Value: $0.79 (67% below median its 10-year median of 2.41)
GF Value™: $8.46 vs. price of $2.69 (68.2% below fair value)
Industry Position: 83.8% below the Biotechnology median (#360 of 946)
No single metric tells the full story. See the OVID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ovid Therapeutics Inc is a biopharmaceutical company that is dedicated to reducing seizures and meaningfully improving the lives of people affected by rare epilepsies and seizure-related neurological disorders. The company has built a differentiated pipeline of medicines with potential first-in-class drug mechanisms of action to treat seizures. This pipeline has produced two epilepsy programs with potential first-in-class mechanisms of action, and one epilepsy program with a potential best-in-class mechanism of action.
48GF 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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