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).
Pros Holdings's net current asset value per share for the quarter that ended in Sep. 2025 was $-5.08.
The historical rank and industry rank for Pros Holdings's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Pros Holdings was 209.45. The lowest was 68.09. And the median was 94.60.
PRO's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 4.75 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Pros Holdings (NYSE:PRO) 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.
Pros Holdings Net Current Asset Value Related Terms
Pros Holdings Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Pros Holdings'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.
PRO vs PD, PDFS, UPBD: Net Current Asset Value Comparison
For the Software - Application subindustry, Pros Holdings'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.
Pros Holdings Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Pros Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Pros Holdings'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 $-5.08 mean?
Pros Holdings (PRO) has a Net Current Asset Value of $-5.08 as of Sep. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Pros Holdings and its competitors. Over the past decade, Pros Holdings' Net Current Asset Value has ranged from 68.09 to 209.45.
Is Pros Holdings' Net Current Asset Value too high?
Pros Holdings' current Net Current Asset Value is $-5.08. Over the past 10 years, this metric has ranged from a low of 68.09 to a high of 209.45. Overall, Pros Holdings has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Pros Holdings' Net Current Asset Value compare to PD and PDFS?
Pros Holdings' Net Current Asset Value of $-5.08 can be compared against companies in the Software industry. The industry median Net Current Asset Value is 4.75. Historically, Pros Holdings' own Net Current Asset Value has ranged from 68.09 to 209.45 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 Software company?
The median Net Current Asset Value among Software companies is 4.75, based on 1,753 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 Pros Holdings and its competitors. For the Software industry, the median Net Current Asset Value is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pros Holdings's current Net Current Asset Value is $-5.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pros Holdings stock overvalued right now?
Pros Holdings (PRO) has a current Net Current Asset Value of $-5.08. The stock's GF Value™ is $30.38, compared to a current price of $23.25 — trading 23.5% below its estimated fair value. The current Net Current Asset Value is $-5.08. Pros Holdings' overall GF Score™ is 58/100 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 Pros Holdings (PRO), the current Net Current Asset Value is $-5.08 as of Sep. 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 Pros Holdings (PRO) Overvalued in 2026?
Based on GuruFocus' analysis, Pros Holdings stock appears to be undervalued.
The current stock price of $23.25 is trading 23.5% below its estimated GF Value™ of $30.38.
Key valuation signals for PRO:
Net Current Asset Value: $-5.08
GF Value™: $30.38 vs. price of $23.25 (23.5% below fair value)
No single metric tells the full story. See the PRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pros Holdings Inc provides software solutions that optimize shopping and selling experiences for both business-to-business and business-to-consumer companies across industry verticals in more than nearly 80 countries. Its PROS Platform is designed to help businesses create, optimize and market available offers and handle orders through both first- and third-party digital channels. The firm generates key revenue form the United States of America, Germany, The rest of Europe, Africa, Asia-Pacific, and Middle East regions.
58GF 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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