GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Century Properties Group Inc (PHS:CPG) » Definitions » Net Current Asset Value

Century Properties Group (PHS:CPG) Net Current Asset Value : ₱0.33 (As of Mar. 2024)


View and export this data going back to 1976. Start your Free Trial

What is Century Properties Group Net Current Asset Value?

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).

Century Properties Group's net current asset value per share for the quarter that ended in Mar. 2024 was ₱0.33.

The historical rank and industry rank for Century Properties Group's Net Current Asset Value or its related term are showing as below:

PHS:CPG' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.82   Med: 4.08   Max: 36
Current: 0.89

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Century Properties Group was 36.00. The lowest was 0.82. And the median was 4.08.

PHS:CPG's Price-to-Net-Current-Asset-Value is ranked better than
81.41% of 764 companies
in the Real Estate industry
Industry Median: 2.29 vs PHS:CPG: 0.89

Century Properties Group Net Current Asset Value Historical Data

The historical data trend for Century Properties Group'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.

* Premium members only.

Century Properties Group Net Current Asset Value Chart

Century Properties Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 0.08 0.10 0.31 0.24

Century Properties Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.32 0.12 0.24 0.33

Competitive Comparison of Century Properties Group's Net Current Asset Value

For the Real Estate Services subindustry, Century Properties Group'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.


Century Properties Group's Price-to-Net-Current-Asset-Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Century Properties Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Century Properties Group's Price-to-Net-Current-Asset-Value falls into.



Century Properties Group Net Current Asset Value Calculation

Century Properties Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(37948.004-35081.073-54.18-15.9)/11599.6
=0.24

Century Properties Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(36981.582-33098.041-54.18-26.5)/11599.6
=0.33

* 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.


Century Properties Group  (PHS:CPG) 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.


Century Properties Group Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Century Properties Group's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Century Properties Group (PHS:CPG) Business Description

Traded in Other Exchanges
N/A
Address
Sen. Gil Puyat corner Makati Avenue, 21st Floor, Pacific Star Building, Makati Avenue, Makati, PHL
Century Properties Group Inc engages in the development, marketing, and sale of mid and high-rise condominiums and single detached homes, leasing of retail and office space, and property management. The operating segments of the group are Real estate development, Leasing, and Property management, of which key revenue is derived from the Real Estate Development segment which involves the sale of high-end, upper-middle-income, and affordable residential lots and units and the lease of residential developments under partnership agreements.

Century Properties Group (PHS:CPG) Headlines

No Headlines