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Benso Oil Palm Plantation (XGHA:BOPP) Graham Number : GHS20.52 (As of Sep. 2023)


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What is Benso Oil Palm Plantation 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 (2024-05-25), the stock price of Benso Oil Palm Plantation is GHS21.55. Benso Oil Palm Plantation's graham number for the quarter that ended in Sep. 2023 was GHS20.52. Therefore, Benso Oil Palm Plantation's Price to Graham Number ratio for today is 1.05.

The historical rank and industry rank for Benso Oil Palm Plantation's Graham Number or its related term are showing as below:

XGHA:BOPP' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.33   Med: 0.38   Max: 1.05
Current: 1.05

During the past 6 years, the highest Price to Graham Number ratio of Benso Oil Palm Plantation was 1.05. The lowest was 0.33. And the median was 0.38.

XGHA:BOPP's Price-to-Graham-Number is ranked better than
60.19% of 1291 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs XGHA:BOPP: 1.05

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


Benso Oil Palm Plantation Graham Number Historical Data

The historical data trend for Benso Oil Palm Plantation'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.

Benso Oil Palm Plantation Graham Number Chart

Benso Oil Palm Plantation Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Graham Number
Get a 7-Day Free Trial 2.98 3.72 6.75 17.80 28.30

Benso Oil Palm Plantation Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Sep23
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 13.69 15.60 19.69 22.87 20.52

Competitive Comparison of Benso Oil Palm Plantation's Graham Number

For the Farm Products subindustry, Benso Oil Palm Plantation'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.


Benso Oil Palm Plantation's Price-to-Graham-Number Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Benso Oil Palm Plantation's Price-to-Graham-Number falls into.



Benso Oil Palm Plantation Graham Number Calculation

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

Benso Oil Palm Plantation's Graham Number for the fiscal year that ended in Dec. 2022 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*7.716*4.614)
=28.30

Benso Oil Palm Plantation's Graham Number for the quarter that ended in Sep. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*9.481*1.973)
=20.52

* 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.


Benso Oil Palm Plantation  (XGHA:BOPP) 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.

Benso Oil Palm Plantation's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2023 )
=21.55/20.52
=1.05

* 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.


Benso Oil Palm Plantation Graham Number Related Terms

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Benso Oil Palm Plantation (XGHA:BOPP) Business Description

Traded in Other Exchanges
N/A
Address
Adum Banso Estate, P.O.Box 470, Takoradi, GHA
Benso Oil Palm Plantation is engaged in the business of growing oil palm and the processing of palm fruits to produce palm oil and palm kernel oil. The product of the Company is crude palm oil.

Benso Oil Palm Plantation (XGHA:BOPP) Headlines

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