What is the price to NAV ratio?

Asked by: Savanah Hammes  |  Last update: February 6, 2026
Score: 4.5/5 (57 votes)

Price to Net Asset Value ratio (also known as price/book). The P/NAV ratio shows the company's share price to the net asset (or book) value per share. It shows how much investors are prepared to pay per £1 of net assets.

What is a good price to NAV ratio?

If you can buy a share at a big discount to its book value (a price to NAV a lot less than 1) then it might be possible to make money from it when business conditions improve. History tells us that this can be a very profitable investment strategy.

What is a good NAV value?

What is a good NAV for a mutual fund? There's no single "good" NAV for a mutual fund. A high NAV simply reflects the total value of the fund's assets per unit. Focus on the fund's performance history, expense ratio, and alignment with your goals.

What is the ideal ratio for net asset value?

There is no “ideal” return on net assets ratio number, but a higher ratio is preferable. It is important to compare the RONA of a company to peer companies. For example, a company with a RONA of 40% may look good in isolation, but that figure may actually appear poor when compared to an industry benchmark of 70%.

How do you calculate the NAV price?

Net asset value (NAV) represents a fund's per-share intrinsic value. It is similar in some ways to the book value of a company. NAV is calculated by dividing the total value of all the cash and securities in a fund's portfolio, minus any liabilities, by the number of outstanding shares.

Understanding Net Asset Value (NAV)

41 related questions found

What is the market price to NAV ratio?

Price to Net Asset Value ratio (also known as price/book). The P/NAV ratio shows the company's share price to the net asset (or book) value per share. It shows how much investors are prepared to pay per £1 of net assets.

Is high NAV good or bad?

The notion that a Mutual Fund's performance is inversely related to its NAV is a misconception. NAV is simply the per unit value of the fund and it does not reflect its quality or potential. For example, a fund with an NAV of Rs 22 is not necessarily superior or inferior to one with an NAV of Rs 85.

What does NAV tell you?

Net asset value (NAV) is defined as the value of a fund's assets minus the value of its liabilities. The term “net asset value” is commonly used in relation to mutual funds and is used to determine the value of the assets held.

What is a healthy asset ratio?

A good current ratio is between 1.2 to 2, which means that the business has 2 times more current assets than liabilities to covers its debts. A current ratio below 1 means that the company doesn't have enough liquid assets to cover its short-term liabilities.

What is the formula for NAV in real estate?

Here, NAV is equal to the fair market value (FMV) of real estate assets minus any outstanding debt, fixed costs, and capital expenditures (Capex). After the final step, the end result is the NAV-derived equity value, which can be divided by shares outstanding to compare to its market share price.

Why is NAV higher than price?

The price of an ETF may deviate from the NAV of the ETF due to changes in the supply or demand for an ETF at any single point in time. The market price will typically exceed the NAV if the fund is in high demand with low supply. The NAV will generally be higher if the fund has a high supply with little demand.

What is NAV value price?

What is NAV? NAV full form stands for Net Asset Value. It represents the market value per share for a particular mutual fund. It is calculated by deducting the liabilities from total asset value divided by the number of shares.

What are the 4 types of mutual funds?

Mutual funds are generally divided into four main categories: Bond Funds, Money Market Funds, Target Date Funds, and Stock Funds. Each category has distinct features, risks, and return potential, allowing investors to choose based on their financial objectives and risk tolerance.

How do I know if an ETF is overpriced?

Compare the ETF's Market Price to the NAV

Compare the market price to the NAV to determine if the ETF is trading at a premium or discount to its NAV. If the market price is higher than the NAV, the ETF is trading at a premium. If the NAV is lower than the price, the ETF is trading at a discount.

What is the fair value of the NAV?

Represents the excess of the fair value of investments owned, cash, receivables, and other assets over the liabilities of the reporting entity.

Should I invest more when NAV is low?

When investing in mutual funds, NAV is not a meaningful indicator of the fund's future performance or suitability. Whether a fund has a high or low NAV should not be the primary factor in your decision-making process. Instead, focus on: Fund consistency in performance over different time periods.

What is a bad equity to asset ratio?

Well, the answer depends on the industry and the company's financial strategy. Typically, a ratio of 0.5 or higher is considered good, but again, this can vary depending on the specific circumstances. If a company has a high equity to asset ratio, it's usually a good thing.

What is a good asset ratio?

In the retail sector, an asset turnover ratio of 2.5 or more could be considered good, while a company in the utilities sector is more likely to aim for an asset turnover ratio that's between 0.25 and 0.5.

What is a bad debt to asset ratio?

Total debt-to-total assets is a measure of the company's assets that are financed by debt rather than equity. If the calculation yields a result greater than 1, this means the company is technically insolvent as it has more liabilities than all of its assets combined.

How much NAV is good?

A higher NAV is not necessarily better than a lower NAV. The NAV is a reference point for a mutual fund's per-share value, but it doesn't determine a fund's quality or performance. It's important to consider a fund's objectives, performance history, and fees when evaluating its suitability for your investment goals.

Do you want a high or low NAV?

Should NAV be higher or lower than market price? The relationship between NAV and market price doesn't determine performance. A lower price than NAV can indicate a buying opportunity, while a higher price may reflect higher demand. Evaluate fund fundamentals, not just the ratio.

Why is NAV so important?

Importance of NAV

Whether using it for a business or a fund, the NAV is an important metric that reflects the total shareholder (or unitholder) equity position. By dividing the NAV by the number of shares or units outstanding, one can determine the net asset value per share (NAVPS).

What is NAV in simple words?

WHAT IS NAV? NAV stands for Net Asset Value. The performance of a mutual fund scheme is denoted by its NAV per unit. NAV per unit is the market value of securities of a scheme divided by the total number of units of the scheme on a given date.

What if NAV is higher than share price?

This means the investment trust is popular with investors and there is strong demand for the shares. If the share price is lower than the NAV per share, the investment trust is trading at a discount. This means the investment trust isn't as popular and the demand for the shares isn't as strong.

When to buy mutual funds?

According to experts, you should think about buying mutual funds when their NAV (Net Asset Value) is lower than their unit price. This will assist you to maximise your returns. Additionally, you should think about investing when the markets are at their lowest point. You can then purchase the shares at lower prices.