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Kanchi Karpooram (BOM:538896) Graham Number : ₹N/A (As of Dec. 2023)


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What is Kanchi Karpooram 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 (2024-05-24), the stock price of Kanchi Karpooram is ₹451.15. Kanchi Karpooram's graham number for the quarter that ended in Dec. 2023 was ₹N/A. Therefore, Kanchi Karpooram's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Kanchi Karpooram's Graham Number or its related term are showing as below:

BOM:538896' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.32   Med: 0.73   Max: 1.54
Current: 1.54

During the past 10 years, the highest Price to Graham Number ratio of Kanchi Karpooram was 1.54. The lowest was 0.32. And the median was 0.73.

BOM:538896's Price-to-Graham-Number is ranked worse than
51.22% of 1150 companies
in the Chemicals industry
Industry Median: 1.51 vs BOM:538896: 1.54

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


Kanchi Karpooram Graham Number Historical Data

The historical data trend for Kanchi Karpooram'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.

Kanchi Karpooram Graham Number Chart

Kanchi Karpooram 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 484.70 540.10 1,077.98 822.21 562.21

Kanchi Karpooram 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 - 562.21 - 299.31 -

Competitive Comparison of Kanchi Karpooram's Graham Number

For the Specialty Chemicals subindustry, Kanchi Karpooram'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.


Kanchi Karpooram's Price-to-Graham-Number Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kanchi Karpooram's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Kanchi Karpooram's Price-to-Graham-Number falls into.



Kanchi Karpooram Graham Number Calculation

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

Kanchi Karpooram'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*454.479*30.91)
=562.21

Kanchi Karpooram'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*2.127)
=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.


Kanchi Karpooram  (BOM:538896) 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.

Kanchi Karpooram's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=451.15/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.


Kanchi Karpooram Graham Number Related Terms

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Kanchi Karpooram (BOM:538896) Business Description

Traded in Other Exchanges
N/A
Address
Parandur Road, Enathur Village, Karaipettai Post, Kanchipuram, TN, IND, 631552
Kanchi Karpooram Ltd is engaged in manufacturing Camphor, its derivatives, Gum rosin, Value Added Resins, and Fortified Rosin. Some of the products offered by the company include Camphene, Dipentene, Sodium Acetate Trihydrate Pine Pitch, Double distilled turpentine, and Isobornyl Acetate. The company is engaged in the activity of a single segment that is the manufacture and sale of Camphor and allied products.

Kanchi Karpooram (BOM:538896) Headlines

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