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Anmol India (BOM:542437) Graham Number : ₹33.37 (As of Mar. 2024)


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What is Anmol India 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 (2024-05-21), the stock price of Anmol India is ₹38.26. Anmol India's graham number for the quarter that ended in Mar. 2024 was ₹33.37. Therefore, Anmol India's Price to Graham Number ratio for today is 1.35.

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

BOM:542437' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.12   Med: 0.99   Max: 1.5
Current: 1.21

During the past 9 years, the highest Price to Graham Number ratio of Anmol India was 1.50. The lowest was 0.12. And the median was 0.99.

BOM:542437's Price-to-Graham-Number is ranked worse than
70.83% of 96 companies
in the Other Energy Sources industry
Industry Median: 0.895 vs BOM:542437: 1.21

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


Anmol India Graham Number Historical Data

The historical data trend for Anmol India'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.

Anmol India Graham Number Chart

Anmol India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Graham Number
Get a 7-Day Free Trial Premium Member Only 10.61 18.15 26.68 32.03 38.13

Anmol India Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 - 32.05 29.75 - 33.37

Competitive Comparison of Anmol India's Graham Number

For the Thermal Coal subindustry, Anmol India'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.


Anmol India's Price-to-Graham-Number Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Anmol India's Price-to-Graham-Number distribution charts can be found below:

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



Anmol India Graham Number Calculation

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

Anmol India's Graham Number for the fiscal year that ended in Mar. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*17.607*3.67)
=38.13

Anmol India's Graham Number for the quarter that ended in Mar. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*17.491*2.05)
=28.40

* 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.


Anmol India  (BOM:542437) 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.

Anmol India's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=38.26/28.40
=1.35

* 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.


Anmol India Graham Number Related Terms

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Anmol India (BOM:542437) Business Description

Traded in Other Exchanges
Address
Block B, Aggar Nagar, 2nd Floor, 2/43, Ludhiana, PB, IND, 141001
Anmol India Ltd is engaged in the trading of imported coal in the domestic market. The company trades both in Coal and Met Coke. The products of the company include USA HGCV Coal, USA LCGV Coal, Indonesian Coal, and others. The company earns maximum revenue from non-coking coal.

Anmol India (BOM:542437) Headlines

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