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Maruti Interior Products (BOM:543464) Graham Number : ₹31.95 (As of Mar. 2024)


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What is Maruti Interior Products 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 Maruti Interior Products is ₹80.00. Maruti Interior Products's graham number for the quarter that ended in Mar. 2024 was ₹31.95. Therefore, Maruti Interior Products's Price to Graham Number ratio for today is 2.50.

The historical rank and industry rank for Maruti Interior Products's Graham Number or its related term are showing as below:

BOM:543464' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.97   Med: 2.33   Max: 3.77
Current: 2.5

During the past 6 years, the highest Price to Graham Number ratio of Maruti Interior Products was 3.77. The lowest was 0.97. And the median was 2.33.

BOM:543464's Price-to-Graham-Number is ranked worse than
83.39% of 301 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.24 vs BOM:543464: 2.50

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


Maruti Interior Products Graham Number Historical Data

The historical data trend for Maruti Interior Products'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.

Maruti Interior Products Graham Number Chart

Maruti Interior Products Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Graham Number
Get a 7-Day Free Trial 13.89 12.68 30.04 33.22 31.95

Maruti Interior Products Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Graham Number Get a 7-Day Free Trial Premium Member Only 26.32 32.34 33.22 33.39 31.95

Competitive Comparison of Maruti Interior Products's Graham Number

For the Furnishings, Fixtures & Appliances subindustry, Maruti Interior Products'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.


Maruti Interior Products's Price-to-Graham-Number Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Maruti Interior Products's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Maruti Interior Products's Price-to-Graham-Number falls into.



Maruti Interior Products Graham Number Calculation

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

Maruti Interior Products'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*20.255*2.24)
=31.95

Maruti Interior Products'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*20.255*2.24)
=31.95

* 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.


Maruti Interior Products  (BOM:543464) 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.

Maruti Interior Products's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=80.00/31.95
=2.50

* 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.


Maruti Interior Products Graham Number Related Terms

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


Maruti Interior Products (BOM:543464) Business Description

Traded in Other Exchanges
N/A
Address
9, 10, 1 IA, 13, Jay Krishna Industrial Estate, Survey No. 236, Behind Vikas Stove, Veraval (Shapar), Rajkot, GJ, IND, 360024
Maruti Interior Products Ltd is engaged in the manufacturing and domestic sale and export of modular kitchen storage systems, aluminum long wardrobe handles, and profile handles. The company has a wide range of product offerings for different customer segments. The brand Everyday Kitchen is focused on economic products while the other brand Spitze by Everyday offers premium products. The products of the company include Spitze Aluminium Profile handles, Wire shelving system, Spitze cabinet pull handles, Spitze wardrobe handle and others.

Maruti Interior Products (BOM:543464) Headlines

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