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Exhicon Events Media Solutions (BOM:543895) Graham Number : ₹125.92 (As of Mar. 2024)


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What is Exhicon Events Media Solutions 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 (2024-05-30), the stock price of Exhicon Events Media Solutions is ₹284.70. Exhicon Events Media Solutions's graham number for the quarter that ended in Mar. 2024 was ₹125.92. Therefore, Exhicon Events Media Solutions's Price to Graham Number ratio for today is 2.26.

The historical rank and industry rank for Exhicon Events Media Solutions's Graham Number or its related term are showing as below:

BOM:543895' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.26   Med: 2.68   Max: 2.68
Current: 2.26

During the past 4 years, the highest Price to Graham Number ratio of Exhicon Events Media Solutions was 2.68. The lowest was 2.26. And the median was 2.68.

BOM:543895's Price-to-Graham-Number is ranked worse than
73.31% of 487 companies
in the Media - Diversified industry
Industry Median: 1.32 vs BOM:543895: 2.26

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


Exhicon Events Media Solutions Graham Number Historical Data

The historical data trend for Exhicon Events Media Solutions'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.

Exhicon Events Media Solutions Graham Number Chart

Exhicon Events Media Solutions Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Graham Number
0.58 - - 125.92

Exhicon Events Media Solutions Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Graham Number Get a 7-Day Free Trial - 15.55 - 74.28 125.92

Competitive Comparison of Exhicon Events Media Solutions's Graham Number

For the Advertising Agencies subindustry, Exhicon Events Media Solutions'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.


Exhicon Events Media Solutions's Price-to-Graham-Number Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Exhicon Events Media Solutions's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Exhicon Events Media Solutions's Price-to-Graham-Number falls into.



Exhicon Events Media Solutions Graham Number Calculation

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

Exhicon Events Media Solutions'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*64.205*10.976)
=125.92

Exhicon Events Media Solutions'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*64.205*10.976)
=125.92

* 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.


Exhicon Events Media Solutions  (BOM:543895) 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.

Exhicon Events Media Solutions's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=284.70/125.92
=2.26

* 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.


Exhicon Events Media Solutions Graham Number Related Terms

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Exhicon Events Media Solutions (BOM:543895) Business Description

Traded in Other Exchanges
N/A
Address
DS Road, off Veera Desai Road, 103, Crystal Paradise, Andheri West, Mumbai, MH, IND, 400053
Exhicon Events Media Solutions Ltd is engaged in providing a variety of products and services for the exhibitions, conferences, and events industry. Its solutions include Media to Integrated Marketing Solutions, Temporary to Permanent Event Infrastructure and Management to Organizing.

Exhicon Events Media Solutions (BOM:543895) Headlines

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