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Swasti Vinayaka Synthetics (BOM:510245) Graham Number : ₹N/A (As of Dec. 2023)


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What is Swasti Vinayaka Synthetics 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 (2024-06-05), the stock price of Swasti Vinayaka Synthetics is ₹6.77. Swasti Vinayaka Synthetics's graham number for the quarter that ended in Dec. 2023 was ₹N/A. Therefore, Swasti Vinayaka Synthetics's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Swasti Vinayaka Synthetics's Graham Number or its related term are showing as below:

BOM:510245' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.77   Med: 1.09   Max: 2.7
Current: 1.96

During the past 13 years, the highest Price to Graham Number ratio of Swasti Vinayaka Synthetics was 2.70. The lowest was 0.77. And the median was 1.09.

BOM:510245's Price-to-Graham-Number is ranked worse than
75.36% of 698 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.125 vs BOM:510245: 1.96

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


Swasti Vinayaka Synthetics Graham Number Historical Data

The historical data trend for Swasti Vinayaka Synthetics'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.

Swasti Vinayaka Synthetics Graham Number Chart

Swasti Vinayaka Synthetics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 2.00 3.23 2.88 3.21

Swasti Vinayaka Synthetics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Graham Number 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 - 3.35 - 3.45 -

Competitive Comparison of Swasti Vinayaka Synthetics's Graham Number

For the Apparel Manufacturing subindustry, Swasti Vinayaka Synthetics'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.


Swasti Vinayaka Synthetics's Price-to-Graham-Number Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Swasti Vinayaka Synthetics's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Swasti Vinayaka Synthetics's Price-to-Graham-Number falls into.



Swasti Vinayaka Synthetics Graham Number Calculation

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

Swasti Vinayaka Synthetics's Graham Number for the fiscal year that ended in Mar. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*2.067*0.221)
=3.21

Swasti Vinayaka Synthetics'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*0*0.261)
=N/A

* 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.


Swasti Vinayaka Synthetics  (BOM:510245) 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.

Swasti Vinayaka Synthetics's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=6.77/N/A
=N/A

* 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.


Swasti Vinayaka Synthetics Graham Number Related Terms

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Swasti Vinayaka Synthetics (BOM:510245) Business Description

Traded in Other Exchanges
N/A
Address
J.R. Boricha Marg, 306, Tantia Jogani Industrial Estate, Next to Lodha Bellissimo, Lower Parel, Mumbai, MH, IND, 400 011
Swasti Vinayaka Synthetics Ltd is a manufacturer of suiting, shirting, and apparels including cotton, cotton-blended, and linen designer shirting. The company has weaving facilities that comprise Somet Super Excel Looms, yarn doublers, and stitching facilities at its plants located at Tarapur and Palghar in Maharashtra. Its products are sold directly to retail chains, the readymade garment sector, garment exporters, and corporate houses. The company supplies salwar kameez and tunics and designs bridal and formal ethnic wear for its boutique. Its shirting fabrics comprising of cotton, linen, lycra, polyester, viscose, and their blends.

Swasti Vinayaka Synthetics (BOM:510245) Headlines

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