PermRock Royalty TrustPRT +0.88%65 Net Current Asset Value is $0.08 as of Mar. 2026, which is 100% below its 10-year median of 68.13. GuruFocus rates PRT with a GF Score™ of 65/100 and a GF Value™ of $2.66 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 299 Oil & Gas companies, PermRock Royalty Trust ranks worse than 87.96% 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).
PermRock Royalty Trust's net current asset value per share for the quarter that ended in Mar. 2026 was $0.08.
The historical rank and industry rank for PermRock Royalty Trust's Net Current Asset Value or its related term are showing as below:
PRT'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 23.25 Med: 68.13 Max: 795
Current: 28.5
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of PermRock Royalty Trust was 795.00. The lowest was 23.25. And the median was 68.13.
PRT's Price-to-Net-Current-Asset-Value is ranked worse than 87.96% of 299
companies
in the Oil & Gas industry
Industry Median: 3.86
vs PRT: 28.50
PermRock Royalty Trust (NYSE:PRT) 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.
PermRock Royalty Trust Net Current Asset Value Related Terms
PermRock Royalty Trust Net Current Asset Value Historical Data
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The historical data trend for PermRock Royalty Trust'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.
PermRock Royalty Trust Net Current Asset Value Chart
PRT vs BATL, SPND, AMEN: Net Current Asset Value Comparison
For the Oil & Gas E&P subindustry, PermRock Royalty Trust'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.
PermRock Royalty Trust Price-to-Net-Current-Asset-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PermRock Royalty Trust's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PermRock Royalty Trust'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 $0.08 mean?
PermRock Royalty Trust (PRT) has a Net Current Asset Value of $0.08 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 PermRock Royalty Trust and its competitors. This is 100% below median its historical median of 68.13. Over the past decade, PermRock Royalty Trust's Net Current Asset Value has ranged from 23.25 to 795.00. According to the industry distribution chart, PermRock Royalty Trust ranks #263 out of 299 companies in the Oil & Gas industry, placing it in the top 88%.
Is PermRock Royalty Trust's Net Current Asset Value too high?
PermRock Royalty Trust's current Net Current Asset Value of $0.08 is 100% below median its 10-year median of 68.13. Over the past 10 years, this metric has ranged from a low of 23.25 to a high of 795.00. The Oil & Gas industry median Net Current Asset Value is 3.86. PermRock Royalty Trust's value of $0.08 is 97.9% below this industry median. Based on the distribution chart, PermRock Royalty Trust ranks #263 out of 299 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, PermRock Royalty Trust has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PermRock Royalty Trust's Net Current Asset Value compare to BATL and SPND?
According to the Oil & Gas industry distribution chart, PermRock Royalty Trust ranks #263 out of 299 companies for Net Current Asset Value. This places PermRock Royalty Trust in the lower half of its industry. The industry median Net Current Asset Value is 3.86. PermRock Royalty Trust's value of $0.08 is 97.9% below this benchmark. Historically, PermRock Royalty Trust's own Net Current Asset Value has ranged from 23.25 to 795.00 over the past decade. While the company's 10-year median is 68.13 vs. the industry median of 3.86, PermRock Royalty Trust 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 an Oil & Gas company?
The median Net Current Asset Value among Oil & Gas companies is 3.86, based on 299 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. PermRock Royalty Trust's current Net Current Asset Value of $0.08 is 97.9% 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 PermRock Royalty Trust and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PermRock Royalty Trust's current Net Current Asset Value is $0.08, which is 100% below median its own 10-year median of 68.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PermRock Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, PermRock Royalty Trust (PRT) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.66, compared to a current price of $2.28 — trading 14.3% below its estimated fair value. The current Net Current Asset Value is $0.08, which is 100% below median its 10-year median of 68.13 and 97.9% below the Oil & Gas industry median of 3.86. PermRock Royalty Trust's overall GF Score™ is 65/100 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 PermRock Royalty Trust (PRT), the current Net Current Asset Value is $0.08 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 PermRock Royalty Trust (PRT) Overvalued in 2026?
Based on GuruFocus' analysis, PermRock Royalty Trust stock appears to be undervalued.
The current stock price of $2.28 is trading 14.3% below its estimated GF Value™ of $2.66.
GuruFocus considers PermRock Royalty Trust to be Modestly Undervalued.
Key valuation signals for PRT:
Net Current Asset Value: $0.08 (100% below median its 10-year median of 68.13)
GF Value™: $2.66 vs. price of $2.28 (14.3% below fair value)
Industry Position: 97.9% below the Oil & Gas median (#263 of 299)
No single metric tells the full story. See the PRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PermRock Royalty Trust operates as a statutory trust. Its purpose is to own the Net Profits Interest, to distribute to the Trust unitholders cash that it receives in respect of the Net Profits Interest, and to perform certain administrative functions. The Net Profits Interest entitles the trust to receive the net profits from the sale of oil and natural gas production from the underlying properties of its trustor.
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