PIAHY (Ping An Healthcare And Technology Co) Net Current Asset Value: $0.72 (As of Dec. 2025) — 85% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PIAHY Ping An Healthcare And Technology Co Ltd PIAHY
73 GF Score
Price $1.89
GF Value $2.11
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Ping An Healthcare And Technology Co Net Current Asset Value?

Ping An Healthcare And Technology Co PIAHY 73 Net Current Asset Value is $0.72 as of Dec. 2025, which is 85% below its 10-year median of 4.72. GuruFocus rates PIAHY with a GF Score™ of 73/100 and a GF Value™ of $2.11 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 272 Healthcare Providers & Services companies, Ping An Healthcare And Technology Co ranks better than 73.9% 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).

Ping An Healthcare And Technology Co's net current asset value per share for the quarter that ended in Dec. 2025 was $0.72.

The historical rank and industry rank for Ping An Healthcare And Technology Co's Net Current Asset Value or its related term are showing as below:

PIAHY' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.8   Med: 4.72   Max: 29.81
Current: 2.77

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ping An Healthcare And Technology Co was 29.81. The lowest was 1.80. And the median was 4.72.

PIAHY's Price-to-Net-Current-Asset-Value is ranked better than
73.9% of 272 companies
in the Healthcare Providers & Services industry
Industry Median: 6.02 vs PIAHY: 2.77

Ping An Healthcare And Technology Co  (OTCPK:PIAHY) 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 Graham’s 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.


Ping An Healthcare And Technology Co Net Current Asset Value Related Terms


Ping An Healthcare And Technology Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Ping An Healthcare And Technology Co'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.

Ping An Healthcare And Technology Co Net Current Asset Value Chart

Ping An Healthcare And Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.48 2.27 2.53 0.05 0.72

Ping An Healthcare And Technology Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.53 2.47 0.05 0.87 0.72

PIAHY vs VEEV, BTSG, TEM: Net Current Asset Value Comparison

For the Health Information Services subindustry, Ping An Healthcare And Technology Co'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.


Ping An Healthcare And Technology Co Price-to-Net-Current-Asset-Value vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ping An Healthcare And Technology Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Ping An Healthcare And Technology Co's Price-to-Net-Current-Asset-Value falls into.


PIAHY
73GF Score
Ping An Healthcare And Technology Co Ltd PIAHY
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ping An Healthcare And Technology Co Net Current Asset Value Calculation

Ping An Healthcare And Technology Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1233.509-472.142--1.606-0)/1063.313
=0.72

Ping An Healthcare And Technology Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1233.509-472.142--1.606-0)/1063.313
=0.72

* 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 $0.72 mean?
Ping An Healthcare And Technology Co (PIAHY) has a Net Current Asset Value of $0.72 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Ping An Healthcare And Technology Co and its competitors. This is 85% below median its historical median of 4.72. Over the past decade, Ping An Healthcare And Technology Co's Net Current Asset Value has ranged from 1.80 to 29.81. According to the industry distribution chart, Ping An Healthcare And Technology Co ranks #71 out of 272 companies in the Healthcare Providers & Services industry, placing it in the top 26.1%.
Is Ping An Healthcare And Technology Co's Net Current Asset Value too high?
Ping An Healthcare And Technology Co's current Net Current Asset Value of $0.72 is 85% below median its 10-year median of 4.72. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 29.81. The Healthcare Providers & Services industry median Net Current Asset Value is 6.02. Ping An Healthcare And Technology Co's value of $0.72 is 88% below this industry median. Based on the distribution chart, Ping An Healthcare And Technology Co ranks #71 out of 272 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Ping An Healthcare And Technology Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ping An Healthcare And Technology Co's Net Current Asset Value compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Ping An Healthcare And Technology Co ranks #71 out of 272 companies for Net Current Asset Value. This puts Ping An Healthcare And Technology Co in the upper half of its industry. The industry median Net Current Asset Value is 6.02. Ping An Healthcare And Technology Co's value of $0.72 is 88% below this benchmark. Historically, Ping An Healthcare And Technology Co's own Net Current Asset Value has ranged from 1.80 to 29.81 over the past decade. While the company's 10-year median is 4.72 vs. the industry median of 6.02, Ping An Healthcare And Technology Co 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 Healthcare Providers & Services company?
The median Net Current Asset Value among Healthcare Providers & Services companies is 6.02, based on 272 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. Ping An Healthcare And Technology Co's current Net Current Asset Value of $0.72 is 88% 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 Ping An Healthcare And Technology Co and its competitors. For the Healthcare Providers & Services industry, the median Net Current Asset Value is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ping An Healthcare And Technology Co's current Net Current Asset Value is $0.72, which is 85% below median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ping An Healthcare And Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ping An Healthcare And Technology Co (PIAHY) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.11, compared to a current price of $1.89 — trading 10.7% below its estimated fair value. The current Net Current Asset Value is $0.72, which is 85% below median its 10-year median of 4.72 and 88% below the Healthcare Providers & Services industry median of 6.02. Ping An Healthcare And Technology Co's overall GF Score™ is 73/100 with 5 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 Ping An Healthcare And Technology Co (PIAHY), the current Net Current Asset Value is $0.72 as of Dec. 2025. 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 Ping An Healthcare And Technology Co (PIAHY) Overvalued in 2026?

Based on GuruFocus' analysis, Ping An Healthcare And Technology Co stock appears to be undervalued. The current stock price of $1.89 is trading 10.7% below its estimated GF Value™ of $2.11. GuruFocus considers Ping An Healthcare And Technology Co to be Modestly Undervalued.

Key valuation signals for PIAHY:

  • Net Current Asset Value: $0.72 (85% below median its 10-year median of 4.72)
  • GF Value™: $2.11 vs. price of $1.89 (10.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 88% below the Healthcare Providers & Services median (#71 of 272)

No single metric tells the full story. See the PIAHY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ping An Healthcare And Technology Co Business Description

Address No. 298, Guo Xia Road, 5-8th Floor, Building B, INNO KIC, Yangpu District, Shanghai, CHN
Ping An Healthcare and Technology is the parent of Ping An Good Doctor, or PAGD, an online platform offering healthcare services in the form of an HMO model that provides commercial healthcare services and offers healthcare checkups, healthcare management, and corporate reimbursement for a fee. The company leverages the network of health providers from its parent, Ping An Group, where it enters into contracts with physicians, hospitals, and specialists to offer their services to HMO participants. Other than commercial healthcare premium services, PAGD offers healthcare plans such as private insurance to individuals. The platform has over 3,500 corporate clients and 24 million paying users. PAGD is 38.43% owned by its parent company.
73GF Score

Get the complete analysis for PIAHY

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.89
Price
$2.11
GF Value