Premiere Island Power REITPHS:PREIT -1.74%62 Net Current Asset Value is ₱0.19 as of Mar. 2026, which is 100% below its 10-year median of 19.63. GuruFocus rates PHS:PREIT with a GF Score™ of 62/100 and a GF Value™ of ₱1.64 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 110 REITs companies, Premiere Island Power REIT ranks better than 56.36% 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).
Premiere Island Power REIT's net current asset value per share for the quarter that ended in Mar. 2026 was ₱0.19.
The historical rank and industry rank for Premiere Island Power REIT's Net Current Asset Value or its related term are showing as below:
PHS:PREIT'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.95 Med: 19.63 Max: 25.5
Current: 5.95
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Premiere Island Power REIT was 25.50. The lowest was 5.95. And the median was 19.63.
PHS:PREIT's Price-to-Net-Current-Asset-Value is ranked better than 56.36% of 110
companies
in the REITs industry
Industry Median: 7.97
vs PHS:PREIT: 5.95
Premiere Island Power REIT (PHS:PREIT) 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.
Premiere Island Power REIT Net Current Asset Value Related Terms
Premiere Island Power REIT 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.
Premiere Island Power REIT Net Current Asset Value Chart
PHS:PREIT vs EQIX, AMT, DLR: Net Current Asset Value Comparison
For the REIT - Specialty subindustry, Premiere Island Power REIT'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.
Premiere Island Power REIT Price-to-Net-Current-Asset-Value vs REITs Industry
For the REITs industry and Real Estate sector, Premiere Island Power REIT's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Premiere Island Power REIT'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 ₱0.19 mean?
Premiere Island Power REIT (PHS:PREIT) has a Net Current Asset Value of ₱0.19 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 Premiere Island Power REIT and its competitors. This is 99% below median its historical median of 19.63. Over the past decade, Premiere Island Power REIT's Net Current Asset Value has ranged from 5.95 to 25.50. According to the industry distribution chart, Premiere Island Power REIT ranks #48 out of 110 companies in the REITs industry, placing it in the top 43.6%.
Is Premiere Island Power REIT's Net Current Asset Value too high?
Premiere Island Power REIT's current Net Current Asset Value of ₱0.19 is 99% below median its 10-year median of 19.63. Over the past 10 years, this metric has ranged from a low of 5.95 to a high of 25.50. Based on the distribution chart, Premiere Island Power REIT ranks #48 out of 110 companies in the REITs industry, which is above the industry midpoint. Overall, Premiere Island Power REIT has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Premiere Island Power REIT's Net Current Asset Value compare to EQIX and AMT?
According to the REITs industry distribution chart, Premiere Island Power REIT ranks #48 out of 110 companies for Net Current Asset Value. This puts Premiere Island Power REIT in the upper half of its industry. The industry median Net Current Asset Value is 7.97. Historically, Premiere Island Power REIT's own Net Current Asset Value has ranged from 5.95 to 25.50 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 REITs company?
The median Net Current Asset Value among REITs companies is 7.97, based on 110 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 Premiere Island Power REIT and its competitors. For the REITs industry, the median Net Current Asset Value is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premiere Island Power REIT's current Net Current Asset Value is ₱0.19, which is 99% below median its own 10-year median of 19.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premiere Island Power REIT stock overvalued right now?
Based on GuruFocus' analysis, Premiere Island Power REIT (PHS:PREIT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱1.64, compared to a current price of ₱1.13 — trading 31.1% below its estimated fair value. The current Net Current Asset Value is ₱0.19, which is 99% below median its 10-year median of 19.63. Premiere Island Power REIT's overall GF Score™ is 62/100 with 2 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 Premiere Island Power REIT (PHS:PREIT), the current Net Current Asset Value is ₱0.19 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 Premiere Island Power REIT (PHS:PREIT) Overvalued in 2026?
Based on GuruFocus' analysis, Premiere Island Power REIT stock appears to be undervalued.
The current stock price of ₱1.13 is trading 31.1% below its estimated GF Value™ of ₱1.64.
GuruFocus considers Premiere Island Power REIT to be Significantly Undervalued.
Key valuation signals for PHS:PREIT:
Net Current Asset Value: ₱0.19 (99% below median its 10-year median of 19.63)
GF Value™: ₱1.64 vs. price of ₱1.13 (31.1% below fair value)
No single metric tells the full story. See the PHS:PREIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Premiere Island Power REIT Corp operates as a real estate investment trust, holding assets that operate in the power generation industry. The principal mandate is to invest on a long-term basis in critical real estate and infrastructure that will expand its portfolio and will also enable the company to attain its objective of meaningfully contributing to the promotion of clean, renewable, and sustainable energy, as well as continue its progress on expanding social and missionary electrification. The REIT's only income-generating activity is the lease of its land, right-of-use asset, buildings, and generation asset. The REIT derives its rental income from SIPCOR and CAMPCOR.
62GF 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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