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Resouro Strategic Metals (TSXV:RSM) Graham Number : C$N/A (As of Dec. 2023)


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What is Resouro Strategic Metals 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 (2024-06-09), the stock price of Resouro Strategic Metals is C$0.59. Resouro Strategic Metals's graham number for the quarter that ended in Dec. 2023 was C$N/A. Therefore, Resouro Strategic Metals's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Resouro Strategic Metals's Graham Number or its related term are showing as below:

TSXV:RSM's Price-to-Graham-Number is not ranked *
in the Metals & Mining industry.
Industry Median: 1.155
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Resouro Strategic Metals Graham Number Historical Data

The historical data trend for Resouro Strategic Metals'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.

Resouro Strategic Metals Graham Number Chart

Resouro Strategic Metals Annual Data
Trend Mar22 Mar23
Graham Number
- 0.03

Resouro Strategic Metals Quarterly Data
Jun21 Sep21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Graham Number Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Resouro Strategic Metals's Graham Number

For the Gold subindustry, Resouro Strategic Metals'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.


Resouro Strategic Metals's Price-to-Graham-Number Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Resouro Strategic Metals's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Resouro Strategic Metals's Price-to-Graham-Number falls into.



Resouro Strategic Metals Graham Number Calculation

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

Resouro Strategic Metals'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*0.001*0.034)
=0.03

Resouro Strategic Metals'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*0.046*-0.042)
=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.


Resouro Strategic Metals  (TSXV:RSM) 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.

Resouro Strategic Metals's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=0.59/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.


Resouro Strategic Metals Graham Number Related Terms

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Resouro Strategic Metals (TSXV:RSM) Business Description

Traded in Other Exchanges
Address
401 Bay Street, Suite 2704, Toronto, ON, CAN, M5H 2Y4
Resouro Strategic Metals Inc is engaged in the exploration and development of gold. The company is focused on the discovery and advancement of economic mineral projects in Brazil, including the Novo Mundo Gold Project in Mato Grosso and the Tiros Titanium-REE Project in Minas Gerais.

Resouro Strategic Metals (TSXV:RSM) Headlines

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