GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Critical Infrastructure Technologies Ltd (XCNQ:CTTT) » Definitions » Graham Number

Critical Infrastructure Technologies (XCNQ:CTTT) Graham Number : C$N/A (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Critical Infrastructure Technologies 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 Critical Infrastructure Technologies is C$0.35. Critical Infrastructure Technologies's graham number for the quarter that ended in Mar. 2024 was C$N/A. Therefore, Critical Infrastructure Technologies's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Critical Infrastructure Technologies's Graham Number or its related term are showing as below:

XCNQ:CTTT's Price-to-Graham-Number is not ranked *
in the Hardware industry.
Industry Median: 1.5
* 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.


Critical Infrastructure Technologies Graham Number Historical Data

The historical data trend for Critical Infrastructure Technologies'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.

Critical Infrastructure Technologies Graham Number Chart

Critical Infrastructure Technologies Annual Data
Trend Jun21 Jun22 Jun23
Graham Number
- - -

Critical Infrastructure Technologies Quarterly Data
Jun22 Mar23 Jun23 Sep23 Dec23 Mar24
Graham Number Get a 7-Day Free Trial - - - - -

Competitive Comparison of Critical Infrastructure Technologies's Graham Number

For the Communication Equipment subindustry, Critical Infrastructure Technologies'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.


Critical Infrastructure Technologies's Price-to-Graham-Number Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Critical Infrastructure Technologies's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Critical Infrastructure Technologies's Price-to-Graham-Number falls into.



Critical Infrastructure Technologies Graham Number Calculation

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

Critical Infrastructure Technologies's Graham Number for the fiscal year that ended in Jun. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-0.011*-0.38)
=N/A

Critical Infrastructure Technologies'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*-0.023*-0.369)
=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.


Critical Infrastructure Technologies  (XCNQ:CTTT) 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.

Critical Infrastructure Technologies's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=0.35/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.


Critical Infrastructure Technologies Graham Number Related Terms

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


Critical Infrastructure Technologies (XCNQ:CTTT) Business Description

Traded in Other Exchanges
N/A
Address
1066 West Hastings Street, Suite 2600, Vancouver, BC, CAN, V6E 3X1
Critical Infrastructure Technologies Ltd designs and develops rapidly deployable infrastructure and power systems to support life and mission-critical applications. The company's product set is a range of rapidly deployable, high-capacity communications platforms called the NEXUS 16 and CiNet. The NEXUS 16 is a fully integrated, high-capacity communications platform that can be quickly and safely transported to remote and hostile locations and be fully operational and transmitted in under 60 minutes. CiNet was built to support the Nexus products and provide seamless integration into the operator's own Network Management Systems.

Critical Infrastructure Technologies (XCNQ:CTTT) Headlines

No Headlines