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SanBio CoTSE:4592 -3.54%22 Net Current Asset Value is 円172.65 as of Jan. 2026, which is 100% below its 10-year median of 13.40. GuruFocus rates TSE:4592 with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 941 Biotechnology companies, SanBio Co ranks worse than 60.57% 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).
SanBio Co's net current asset value per share for the quarter that ended in Jan. 2026 was 円172.65.
The historical rank and industry rank for SanBio Co's Net Current Asset Value or its related term are showing as below:
TSE:4592'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6 Med: 13.4 Max: 248.61
Current: 6.47
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of SanBio Co was 248.61. The lowest was 6.00. And the median was 13.40.
TSE:4592's Price-to-Net-Current-Asset-Value is ranked worse than 60.57% of 941
companies
in the Biotechnology industry
Industry Median: 4.83
vs TSE:4592: 6.47
SanBio Co (TSE:4592) 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.
SanBio Co Net Current Asset Value Related Terms
SanBio Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for SanBio 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.
TSE:4592 vs VRTX, REGN, ALNY: Net Current Asset Value Comparison
For the Biotechnology subindustry, SanBio 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.
SanBio Co Price-to-Net-Current-Asset-Value vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, SanBio Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where SanBio Co'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 円172.65 mean?
SanBio Co (TSE:4592) has a Net Current Asset Value of 円172.65 as of Jan. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on SanBio Co and its competitors. This is 1188% above median its historical median of 13.40. Over the past decade, SanBio Co's Net Current Asset Value has ranged from 6.00 to 248.61. According to the industry distribution chart, SanBio Co ranks #570 out of 941 companies in the Biotechnology industry, placing it in the top 60.6%.
Is SanBio Co's Net Current Asset Value too high?
SanBio Co's current Net Current Asset Value of 円172.65 is 1188% above median its 10-year median of 13.40. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 248.61. Based on the distribution chart, SanBio Co ranks #570 out of 941 companies in the Biotechnology industry, which is below the industry midpoint. Overall, SanBio Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does SanBio Co's Net Current Asset Value compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, SanBio Co ranks #570 out of 941 companies for Net Current Asset Value. This places SanBio Co in the lower half of its industry. The industry median Net Current Asset Value is 4.83. Historically, SanBio Co's own Net Current Asset Value has ranged from 6.00 to 248.61 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 Biotechnology company?
The median Net Current Asset Value among Biotechnology companies is 4.83, based on 941 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 SanBio Co and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SanBio Co's current Net Current Asset Value is 円172.65, which is 1188% above median its own 10-year median of 13.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SanBio Co stock overvalued right now?
SanBio Co (TSE:4592) has a current Net Current Asset Value of 円172.65. The current Net Current Asset Value is 円172.65, which is 1188% above median its 10-year median of 13.40. SanBio Co's overall GF Score™ is 22/100 with 1 warning sign 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 SanBio Co (TSE:4592), the current Net Current Asset Value is 円172.65 as of Jan. 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.
SanBio Co Ltd is engaged in the research and development of regenerative cells drugs. The company has three types of drugs under development, including nerve regeneration cell SB623, used for the treatment of chronic cerebral infarction, traumatic brain injury, age-related macular degeneration, retinitis pigmentosa, Parkinson's disease, spinal cord injury and Alzheimer's disease; enhanced type-mesenchymal stem cells SB618, used to treat peripheral neuropathy, as well as muscle stem cells SB308, used in the treatment of muscular dystrophy.
22GF Score
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