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Bajaj Consumer Care (NSE:BAJAJCON) Graham Number : ₹N/A (As of Dec. 2023)


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What is Bajaj Consumer Care 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 (2024-05-13), the stock price of Bajaj Consumer Care is ₹244.95. Bajaj Consumer Care's graham number for the quarter that ended in Dec. 2023 was ₹N/A. Therefore, Bajaj Consumer Care's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Bajaj Consumer Care's Graham Number or its related term are showing as below:

NSE:BAJAJCON' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.23   Med: 2.01   Max: 3.13
Current: 2.15

During the past 13 years, the highest Price to Graham Number ratio of Bajaj Consumer Care was 3.13. The lowest was 1.23. And the median was 2.01.

NSE:BAJAJCON's Price-to-Graham-Number is ranked worse than
74.76% of 1268 companies
in the Consumer Packaged Goods industry
Industry Median: 1.28 vs NSE:BAJAJCON: 2.15

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


Bajaj Consumer Care Graham Number Historical Data

The historical data trend for Bajaj Consumer Care'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.

Bajaj Consumer Care Graham Number Chart

Bajaj Consumer Care 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 99.70 107.44 127.74 115.06 106.09

Bajaj Consumer Care 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 - 105.51 - 113.98 -

Competitive Comparison of Bajaj Consumer Care's Graham Number

For the Household & Personal Products subindustry, Bajaj Consumer Care'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.


Bajaj Consumer Care's Price-to-Graham-Number Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bajaj Consumer Care's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Bajaj Consumer Care's Price-to-Graham-Number falls into.



Bajaj Consumer Care Graham Number Calculation

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

Bajaj Consumer Care'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*52.302*9.565)
=106.09

Bajaj Consumer Care'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*11.16)
=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.


Bajaj Consumer Care  (NSE:BAJAJCON) 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.

Bajaj Consumer Care's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=244.95/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.


Bajaj Consumer Care Graham Number Related Terms

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Bajaj Consumer Care (NSE:BAJAJCON) Business Description

Traded in Other Exchanges
Address
Old Station Road, Sevashram, Chouraha, Udaipur, RJ, IND, 313 001
Bajaj Consumer Care Ltd is an India-based company that is principally engaged in developing and distributing haircare and skincare products. It provides a number of hair oil products Bajaj Almond Drops Hair Oil, Bajaj Amla Hair Oil, Bajaj Brahmi Amla Hair Oil, Bajaj Kailash Parbat Hair Oil, and Bajaj Jasmine Hair Oil, with Bajaj Almond Drops Hair Oil the flagship product that contributes the majority of the company's total revenue. It also offers skincare products, with products categorized into cream, face wash, soap, scrub, and face pack. It has one segment Cosmetics, Toiletries and Other Personal Care products. It generates most of its revenue from the domestic market, and has a presence in overseas markets as well, mainly in the SAARC, Gulf and Middle-East, ASEAN, and African regions.

Bajaj Consumer Care (NSE:BAJAJCON) Headlines

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