TIRXF (Tian Ruixiang Holdings) Net Current Asset Value: $813.66 (As of Apr. 2025)

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What is Tian Ruixiang Holdings Net Current Asset Value?

Tian Ruixiang Holdings TIRXF +50.00% Net Current Asset Value is $813.66 as of Apr. 2025. Among 27 Insurance companies, Tian Ruixiang Holdings ranks worse than 3703700% 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).

Tian Ruixiang Holdings's net current asset value per share for the quarter that ended in Apr. 2025 was $813.66.

The historical rank and industry rank for Tian Ruixiang Holdings's Net Current Asset Value or its related term are showing as below:

TIRXF's Price-to-Net-Current-Asset-Value is not ranked *
in the Insurance industry.
Industry Median: 6.56
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Tian Ruixiang Holdings  (OTCPK:TIRXF) 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.


Tian Ruixiang Holdings Net Current Asset Value Related Terms


Tian Ruixiang Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Tian Ruixiang 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.

Tian Ruixiang Holdings Net Current Asset Value Chart

Tian Ruixiang Holdings Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Net Current Asset Value
Get a 7-Day Free Trial 8,139.00 15,137.00 16,655.00 8,185.33 3,383.20

Tian Ruixiang Holdings Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25
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 11,479.67 8,185.33 3,771.83 3,383.20 813.66

TIRXF vs MRSH, AON, AJG: Net Current Asset Value Comparison

For the Insurance Brokers subindustry, Tian Ruixiang 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.


Tian Ruixiang Holdings Price-to-Net-Current-Asset-Value vs Insurance Industry

For the Insurance industry and Financial Services sector, Tian Ruixiang Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Tian Ruixiang Holdings's Price-to-Net-Current-Asset-Value falls into.



Tian Ruixiang Holdings Net Current Asset Value Calculation

Tian Ruixiang Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2024 is calculated as

Net Current Asset Value Per Share(A: Oct. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(39.921-6.089-0-0)/0.010
=3,383.20

Tian Ruixiang Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Apr. 2025 is calculated as

Net Current Asset Value Per Share(Q: Apr. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(37.822-4.462-0-0)/0.041
=813.66

* 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 $813.66 mean?
Tian Ruixiang Holdings (TIRXF) has a Net Current Asset Value of $813.66 as of Apr. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Tian Ruixiang Holdings and its competitors. According to the industry distribution chart, Tian Ruixiang Holdings ranks #999999 out of 27 companies in the Insurance industry.
Is Tian Ruixiang Holdings' Net Current Asset Value too high?
Tian Ruixiang Holdings' current Net Current Asset Value is $813.66. The Insurance industry median Net Current Asset Value is 6.56. Tian Ruixiang Holdings' value of $813.66 is 12303.4% above this industry median. Based on the distribution chart, Tian Ruixiang Holdings ranks #999999 out of 27 companies in the Insurance industry, which is in the bottom quartile relative to peers.
How does Tian Ruixiang Holdings' Net Current Asset Value compare to MRSH and AON?
According to the Insurance industry distribution chart, Tian Ruixiang Holdings ranks #999999 out of 27 companies for Net Current Asset Value. This places Tian Ruixiang Holdings in the lower half of its industry. The industry median Net Current Asset Value is 6.56. Tian Ruixiang Holdings' value of $813.66 is 12303.4% above this benchmark. 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 Insurance company?
The median Net Current Asset Value among Insurance companies is 6.56, based on 27 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. Tian Ruixiang Holdings's current Net Current Asset Value of $813.66 is 12303.4% above 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 Tian Ruixiang Holdings and its competitors. For the Insurance industry, the median Net Current Asset Value is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Ruixiang Holdings's current Net Current Asset Value is $813.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Ruixiang Holdings stock overvalued right now?
Tian Ruixiang Holdings (TIRXF) has a current Net Current Asset Value of $813.66. The current Net Current Asset Value is $813.66 and 12303.4% above the Insurance industry median of 6.56. 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 Tian Ruixiang Holdings (TIRXF), the current Net Current Asset Value is $813.66 as of Apr. 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.

Tian Ruixiang Holdings Business Description

Address Room 918, Jingding Building, Xicheng District, Beijing, CHN, 100000
Tian Ruixiang Holdings Ltd is an Insurance Brokerage firm. It distributes a wide range of insurance products, which are categorized into two groups; property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and other insurances, such as health insurance, life insurance, and miscellaneous insurances. It also generates a small amount of revenue from risk management services. The firm act on behalf of its customers seeking insurance coverage from insurance companies. It generates revenue from the provision of insurance brokerage services.