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Global Blockchain Acquisition (Global Blockchain Acquisition) Graham Number : $3.51 (As of Dec. 2023)


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What is Global Blockchain Acquisition Graham Number?

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2024-06-09), the stock price of Global Blockchain Acquisition is $11.05. Global Blockchain Acquisition's graham number for the quarter that ended in Dec. 2023 was $3.51. Therefore, Global Blockchain Acquisition's Price to Graham Number ratio for today is 3.15.

The historical rank and industry rank for Global Blockchain Acquisition's Graham Number or its related term are showing as below:

GBBK' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.64   Med: 2.83   Max: 3.15
Current: 3.15

During the past 3 years, the highest Price to Graham Number ratio of Global Blockchain Acquisition was 3.15. The lowest was 2.64. And the median was 2.83.

GBBK's Price-to-Graham-Number is ranked worse than
78.9% of 218 companies
in the Diversified Financial Services industry
Industry Median: 1.79 vs GBBK: 3.15

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Global Blockchain Acquisition Graham Number Historical Data

The historical data trend for Global Blockchain Acquisition's Graham Number 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.

Global Blockchain Acquisition Graham Number Chart

Global Blockchain Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Graham Number
- 3.82 3.51

Global Blockchain Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.57 4.88 6.23 4.11 3.51

Competitive Comparison of Global Blockchain Acquisition's Graham Number

For the Shell Companies subindustry, Global Blockchain Acquisition's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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.


Global Blockchain Acquisition's Price-to-Graham-Number Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Global Blockchain Acquisition's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Global Blockchain Acquisition's Price-to-Graham-Number falls into.



Global Blockchain Acquisition Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Global Blockchain Acquisition's Graham Number for the fiscal year that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*3.417*0.16)
=3.51

Global Blockchain Acquisition's Graham Number for the quarter that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*3.417*0.16)
=3.51

* 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.


Global Blockchain Acquisition  (NAS:GBBK) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Global Blockchain Acquisition's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=11.05/3.51
=3.15

* 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.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Global Blockchain Acquisition Graham Number Related Terms

Thank you for viewing the detailed overview of Global Blockchain Acquisition's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Blockchain Acquisition (Global Blockchain Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
6555 Sanger Road, Suite 200, Orlando, FL, USA, 32827
Website
Global Blockchain Acquisition Corp is a blank check company.
Executives
Christopher Ensey director 2307 NE 12TH ST., FT. LAUDERDALE FL 33304
Jonathan D Morris officer: Chief Financial Officer C/O IMAGEWARE SYSTEMS, INC., 13500 EVENING CREEK DRIVE N SUITE 550, SAN DIEGO CA 92128
Max Wayne Hooper director, officer: Chief Executive Officer 1345 AVE OF THE AMERICAS 2ND FL, NEW YORK NY 10105
Allen R Weiss director C/O DICK'S SPORTING GOODS, INC., 345 COURT STREET, CORAOPOLIS PA 15108
Katya Rayevsky Fisher director 1010 BRICKELL AVE, 4705, MIAMI FL 33130
Global Blockchain Sponsor, Llc 10 percent owner C/O GLOBAL BLOCKCHAIN ACQUISITION CORP., 6555 SANGER ROAD, SUITE 200, ORLANDO FL 32827
David L. Ruttenberg director C/O GLOBAL BLOCKCHAIN ACQUISITION CORP., 6555 SANGER ROAD, SUITE 200, ORLANDO FL 32827
David S. Metcalf director C/O GLOBAL BLOCKCHAIN ACQUISITION CORP., 6555 SANGER ROAD, SUITE 200, ORLANDO FL 32827
Paul C. Jeffries director C/O GLOBAL BLOCKCHAIN ACQUISITION CORP., 6555 SANGER ROAD, SUITE 200, ORLANDO FL 32827