Tutor PeriniTPC +3.30%64 Net Current Asset Value is $3.34 as of Mar. 2026, which is 115% above its 10-year median of 1.55. GuruFocus rates TPC with a GF Score™ of 64/100 and a GF Value™ of $32.52 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,054 Construction companies, Tutor Perini ranks worse than 91.56% 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).
Tutor Perini's net current asset value per share for the quarter that ended in Mar. 2026 was $3.34.
The historical rank and industry rank for Tutor Perini's Net Current Asset Value or its related term are showing as below:
TPC'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.42 Med: 1.55 Max: 24.74
Current: 24.6
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Tutor Perini was 24.74. The lowest was 0.42. And the median was 1.55.
TPC's Price-to-Net-Current-Asset-Value is ranked worse than 91.56% of 1054
companies
in the Construction industry
Industry Median: 3.225
vs TPC: 24.60
Tutor Perini (NYSE:TPC) 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.
Tutor Perini Net Current Asset Value Related Terms
Tutor Perini Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Tutor Perini'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.
TPC vs KBR, PRIM, EXPO: Net Current Asset Value Comparison
For the Engineering & Construction subindustry, Tutor Perini'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.
Tutor Perini Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, Tutor Perini's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Tutor Perini'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 $3.34 mean?
Tutor Perini (TPC) has a Net Current Asset Value of $3.34 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 Tutor Perini and its competitors. This is 115% above median its historical median of 1.55. Over the past decade, Tutor Perini's Net Current Asset Value has ranged from 0.42 to 24.74. According to the industry distribution chart, Tutor Perini ranks #965 out of 1054 companies in the Construction industry, placing it in the top 91.6%.
Is Tutor Perini's Net Current Asset Value too high?
Tutor Perini's current Net Current Asset Value of $3.34 is 115% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 24.74. The Construction industry median Net Current Asset Value is 3.23. Tutor Perini's value of $3.34 is 3.6% above this industry median. Based on the distribution chart, Tutor Perini ranks #965 out of 1054 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Tutor Perini has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tutor Perini's Net Current Asset Value compare to KBR and PRIM?
According to the Construction industry distribution chart, Tutor Perini ranks #965 out of 1054 companies for Net Current Asset Value. This places Tutor Perini in the lower half of its industry. The industry median Net Current Asset Value is 3.23. Tutor Perini's value of $3.34 is 3.6% above this benchmark. Historically, Tutor Perini's own Net Current Asset Value has ranged from 0.42 to 24.74 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 3.23, Tutor Perini has consistently been above 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.23, based on 1,054 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. Tutor Perini's current Net Current Asset Value of $3.34 is 3.6% 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 Tutor Perini and its competitors. For the Construction industry, the median Net Current Asset Value is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tutor Perini's current Net Current Asset Value is $3.34, which is 115% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tutor Perini stock overvalued right now?
Based on GuruFocus' analysis, Tutor Perini (TPC) is currently considered Significantly Overvalued. The stock's GF Value™ is $32.52, compared to a current price of $82.16 — trading 152.6% above its estimated fair value. The current Net Current Asset Value is $3.34, which is 115% above median its 10-year median of 1.55 and 3.6% above the Construction industry median of 3.23. Tutor Perini's overall GF Score™ is 64/100 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 Tutor Perini (TPC), the current Net Current Asset Value is $3.34 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 Tutor Perini (TPC) Overvalued in 2026?
Based on GuruFocus' analysis, Tutor Perini stock appears to be overvalued.
The current stock price of $82.16 is trading 152.6% above its estimated GF Value™ of $32.52.
GuruFocus considers Tutor Perini to be Significantly Overvalued.
Key valuation signals for TPC:
Net Current Asset Value: $3.34 (115% above median its 10-year median of 1.55)
GF Value™: $32.52 vs. price of $82.16 (152.6% above fair value)
Industry Position: 3.6% above the Construction median (#965 of 1054)
No single metric tells the full story. See the TPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tutor Perini Corp offers general contracting, construction management, and design-build services to private and public customers. The company constructs and repairs transportation infrastructure, water-treatment facilities, and a wide range of buildings. Tutor Perini has three operating segments: Civil, Building, and Specialty Contractors. A majority of its revenue is generated from the Civil segment, which specializes in public works construction and the replacement and reconstruction of infrastructure. Its civil contracting services include construction and rehabilitation of highways, bridges, tunnels, mass-transit systems, military and other government facilities, and water management and wastewater treatment facilities. Geographically it derives key revenue from the United States.
64GF Score
Get the complete analysis for TPC
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPC has been successfully added to your 
