Pharvaris NVPHVS -2.39%22 Net Current Asset Value is $4.14 as of Mar. 2026, which is 25% above its 10-year median of 3.30. GuruFocus rates PHVS with a GF Score™ of 22/100. The stock has 3 warning signs investors should review. Among 943 Biotechnology companies, Pharvaris NV ranks worse than 69.25% 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).
Pharvaris NV's net current asset value per share for the quarter that ended in Mar. 2026 was $4.14.
The historical rank and industry rank for Pharvaris NV's Net Current Asset Value or its related term are showing as below:
PHVS'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.42 Med: 3.3 Max: 8.69
Current: 8.46
During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Pharvaris NV was 8.69. The lowest was 1.42. And the median was 3.30.
PHVS's Price-to-Net-Current-Asset-Value is ranked worse than 69.25% of 943
companies
in the Biotechnology industry
Industry Median: 4.95
vs PHVS: 8.46
Pharvaris NV (NAS:PHVS) 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.
Pharvaris NV Net Current Asset Value Related Terms
Pharvaris NV Net Current Asset Value Historical Data
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The historical data trend for Pharvaris NV'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.
PHVS vs BHVN, NRIX, VCEL: Net Current Asset Value Comparison
For the Biotechnology subindustry, Pharvaris NV'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.
Pharvaris NV Price-to-Net-Current-Asset-Value vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Pharvaris NV's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Pharvaris NV'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 $4.14 mean?
Pharvaris NV (PHVS) has a Net Current Asset Value of $4.14 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 Pharvaris NV and its competitors. This is 25% above median its historical median of 3.30. Over the past decade, Pharvaris NV's Net Current Asset Value has ranged from 1.42 to 8.69. According to the industry distribution chart, Pharvaris NV ranks #653 out of 943 companies in the Biotechnology industry, placing it in the top 69.2%.
Is Pharvaris NV's Net Current Asset Value too high?
Pharvaris NV's current Net Current Asset Value of $4.14 is 25% above median its 10-year median of 3.30. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 8.69. The Biotechnology industry median Net Current Asset Value is 4.95. Pharvaris NV's value of $4.14 is 16.4% below this industry median. Based on the distribution chart, Pharvaris NV ranks #653 out of 943 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Pharvaris NV has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Pharvaris NV's Net Current Asset Value compare to BHVN and NRIX?
According to the Biotechnology industry distribution chart, Pharvaris NV ranks #653 out of 943 companies for Net Current Asset Value. This places Pharvaris NV in the lower half of its industry. The industry median Net Current Asset Value is 4.95. Pharvaris NV's value of $4.14 is 16.4% below this benchmark. Historically, Pharvaris NV's own Net Current Asset Value has ranged from 1.42 to 8.69 over the past decade. While the company's 10-year median is 3.30 vs. the industry median of 4.95, Pharvaris NV 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 4.95, 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. Pharvaris NV's current Net Current Asset Value of $4.14 is 16.4% 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 Pharvaris NV and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pharvaris NV's current Net Current Asset Value is $4.14, which is 25% above median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pharvaris NV stock overvalued right now?
Pharvaris NV (PHVS) has a current Net Current Asset Value of $4.14. The current Net Current Asset Value is $4.14, which is 25% above median its 10-year median of 3.30 and 16.4% below the Biotechnology industry median of 4.95. Pharvaris NV's overall GF Score™ is 22/100 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 Pharvaris NV (PHVS), the current Net Current Asset Value is $4.14 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.
Pharvaris NV is a late-stage biopharmaceutical company which is engaged in developing novel, oral bradykinin B2 receptor antagonists to prevent and treat HAE attacks. By directly pursuing this clinically therapeutic target with novel small molecules, With positive data in both Phase 2 prophylaxis and studies in HAE, Pharvaris is developing deucrictibant. Pharvaris is currently enrolling a pivotal Phase 3 study for the treatment of HAE attacks and plans to initiate a pivotal Phase 3 study of deucrictibant for the prevention of HAE attacks. The company is also running open-label extension studies in both on-demand (RAPIDe-2) and prophylactic (CHAPTER-4) settings to collect long-term safety and efficacy data in HAE patients.
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