Purple Ray StudioWAR:RAY 14 Net Current Asset Value is zł2.19 as of Mar. 2026, which is 100% below its 10-year median of 2.73. GuruFocus rates WAR:RAY with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 366 Interactive Media companies, Purple Ray Studio ranks better than 62.57% 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).
Purple Ray Studio's net current asset value per share for the quarter that ended in Mar. 2026 was zł2.19.
The historical rank and industry rank for Purple Ray Studio's Net Current Asset Value or its related term are showing as below:
WAR:RAY'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.36 Med: 2.73 Max: 3.05
Current: 2.36
During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Purple Ray Studio was 3.05. The lowest was 2.36. And the median was 2.73.
WAR:RAY's Price-to-Net-Current-Asset-Value is ranked better than 62.57% of 366
companies
in the Interactive Media industry
Industry Median: 3.555
vs WAR:RAY: 2.36
Purple Ray Studio (WAR:RAY) 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.
Purple Ray Studio Net Current Asset Value Related Terms
Purple Ray Studio Net Current Asset Value Historical Data
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The historical data trend for Purple Ray Studio'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.
WAR:RAY vs NTES, EA, TTWO: Net Current Asset Value Comparison
For the Electronic Gaming & Multimedia subindustry, Purple Ray Studio'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.
Purple Ray Studio Price-to-Net-Current-Asset-Value vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Purple Ray Studio's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Purple Ray Studio'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 zł2.19 mean?
Purple Ray Studio (WAR:RAY) has a Net Current Asset Value of zł2.19 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 Purple Ray Studio and its competitors. This is 20% below median its historical median of 2.73. Over the past decade, Purple Ray Studio's Net Current Asset Value has ranged from 2.36 to 3.05. According to the industry distribution chart, Purple Ray Studio ranks #137 out of 366 companies in the Interactive Media industry, placing it in the top 37.4%.
Is Purple Ray Studio's Net Current Asset Value too high?
Purple Ray Studio's current Net Current Asset Value of zł2.19 is 20% below median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 3.05. Based on the distribution chart, Purple Ray Studio ranks #137 out of 366 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Purple Ray Studio has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Purple Ray Studio's Net Current Asset Value compare to NTES and EA?
According to the Interactive Media industry distribution chart, Purple Ray Studio ranks #137 out of 366 companies for Net Current Asset Value. This puts Purple Ray Studio in the upper half of its industry. The industry median Net Current Asset Value is 3.56. Historically, Purple Ray Studio's own Net Current Asset Value has ranged from 2.36 to 3.05 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 an Interactive Media company?
The median Net Current Asset Value among Interactive Media companies is 3.56, based on 366 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 Purple Ray Studio and its competitors. For the Interactive Media industry, the median Net Current Asset Value is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Purple Ray Studio's current Net Current Asset Value is zł2.19, which is 20% below median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Purple Ray Studio stock overvalued right now?
Purple Ray Studio (WAR:RAY) has a current Net Current Asset Value of zł2.19. The current Net Current Asset Value is zł2.19, which is 20% below median its 10-year median of 2.73. Purple Ray Studio's overall GF Score™ is 14/100 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 Purple Ray Studio (WAR:RAY), the current Net Current Asset Value is zł2.19 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.
Purple Ray Studio SA is engaged in production of games. The activitis of the company include preparing set of animations, 3D elements, animation sound designs, independent piece of software, and other relted activities to form a proper game. The current game of the company is Boti: Byteland Overclocked which offers different versions and stages.
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