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ProVen VCT (LSE:PVN) Net Cash per Share : £0.19 (As of Feb. 2023)


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What is ProVen VCT Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). ProVen VCT's Net Cash per Share for the quarter that ended in Feb. 2023 was £0.19.

The historical rank and industry rank for ProVen VCT's Net Cash per Share or its related term are showing as below:

LSE:PVN's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.26
* Ranked among companies with meaningful Price-to-Net-Cash only.

ProVen VCT Net Cash per Share Historical Data

The historical data trend for ProVen VCT's Net Cash per Share 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.

ProVen VCT Net Cash per Share Chart

ProVen VCT Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.24 0.22 0.12 0.19

ProVen VCT Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23
Net Cash per Share 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 0.22 0.25 0.12 0.22 0.19

Competitive Comparison of ProVen VCT's Net Cash per Share

For the Asset Management subindustry, ProVen VCT's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


ProVen VCT's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ProVen VCT's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where ProVen VCT's Price-to-Net-Cash falls into.



ProVen VCT Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

ProVen VCT's Net Cash per Share for the fiscal year that ended in Feb. 2023 is calculated as

ProVen VCT's Net Cash per Share for the quarter that ended in Feb. 2023 is calculated as

* 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.


ProVen VCT  (LSE:PVN) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


ProVen VCT Net Cash per Share Related Terms

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ProVen VCT (LSE:PVN) Business Description

Traded in Other Exchanges
N/A
Address
55 Drury Lane, Charter House, London, GBR, WC2B 5SQ
ProVen VCT PLC is a United Kingdom-based venture capital trust. Its investment objectives are to achieve a total return greater than that available from direct investment in quoted businesses by investing in a portfolio of carefully selected qualifying investments in small and medium-sized unquoted companies with excellent growth prospects and a portfolio of non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt-related securities in growth companies and non-qualifying venture capital investments.

ProVen VCT (LSE:PVN) Headlines

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