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Brookfield Global Listed Infrastructureome Fun (Brookfield Global Listed Infrastructureome Fun) Graham Number : $39.02 (As of Dec. 2019)


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What is Brookfield Global Listed Infrastructureome Fun 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 (2024-05-05), the stock price of Brookfield Global Listed Infrastructureome Fun is $12.81. Brookfield Global Listed Infrastructureome Fun's graham number for the quarter that ended in Dec. 2019 was $39.02. Therefore, Brookfield Global Listed Infrastructureome Fun's Price to Graham Number ratio for today is 0.33.

The historical rank and industry rank for Brookfield Global Listed Infrastructureome Fun's Graham Number or its related term are showing as below:

INF's Price-to-Graham-Number is not ranked *
in the Asset Management industry.
Industry Median: 0.77
* 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.


Brookfield Global Listed Infrastructureome Fun Graham Number Historical Data

The historical data trend for Brookfield Global Listed Infrastructureome Fun'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.

Brookfield Global Listed Infrastructureome Fun Graham Number Chart

Brookfield Global Listed Infrastructureome Fun Annual Data
Trend Dec17 Dec18 Dec19
Graham Number
25.14 - 39.08

Brookfield Global Listed Infrastructureome Fun Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19
Graham Number - - - 24.00 39.02

Competitive Comparison of Brookfield Global Listed Infrastructureome Fun's Graham Number

For the Asset Management subindustry, Brookfield Global Listed Infrastructureome Fun'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.


Brookfield Global Listed Infrastructureome Fun's Price-to-Graham-Number Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield Global Listed Infrastructureome Fun's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Brookfield Global Listed Infrastructureome Fun's Price-to-Graham-Number falls into.



Brookfield Global Listed Infrastructureome Fun Graham Number Calculation

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

Brookfield Global Listed Infrastructureome Fun's Graham Number for the fiscal year that ended in Dec. 2019 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*15.567*4.36)
=39.08

Brookfield Global Listed Infrastructureome Fun's Graham Number for the quarter that ended in Dec. 2019 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*15.546*4.353)
=39.02

* 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.


Brookfield Global Listed Infrastructureome Fun  (NYSE:INF) 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.

Brookfield Global Listed Infrastructureome Fun's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2019 )
=12.81/39.02
=0.33

* 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.


Brookfield Global Listed Infrastructureome Fun Graham Number Related Terms

Thank you for viewing the detailed overview of Brookfield Global Listed Infrastructureome Fun's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Brookfield Global Listed Infrastructureome Fun (Brookfield Global Listed Infrastructureome Fun) Business Description

Traded in Other Exchanges
N/A
Address
250 Vesey Street, 15th Floor, New York, NY, USA, 10281-1023
Brookfield Global Listed Infrastructure Income Fund Inc. is a closed-end management investment company. Its investment objective is to provide a high level of total return, with an emphasis on income. The fund seeks to achieve its investment objective by investing primarily in securities of publicly traded infrastructure companies. It invests in various sectors, such as electric utilities and generation, telecommunications, electricity transmission and distribution, airports, gas utilities, communications, and others.
Executives
Brookfield Investment Management Inc. other: Fund's Investment Adviser BROOKFIELD PLACE, 225 LIBERTY STREET, 43RD FLOOR, NEW YORK NY 10281
Mohamed Rasul officer: Fund's Assistant Treasurer BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Casey Tushaus officer: Fund's Assistant Treasurer BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Brian Thomas Hourihan other: Adviser's CCO BROOKFIELD INVESTMENT MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Thomas Doyle Peeney officer: Secretary BROOKFIELD INVESTMENT MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Adam Ross Sachs officer: CCO BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY STREET, 15TH, NEW YORK NY 10281
Heather S. Goldman director C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY STREET, 15FL, NEW YORK NY 10281-1023
Thomas Shawn Miller other: Portfolio Manager C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281-1023
David William Levi director, other: Investment Adviser's President BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281-1023
Seth Gelman officer: CCO, other: CCO of Adviser C/O INSIGHT INVESTMENT, 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Leonardo Anguiano other: Portfolio Manager BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY STREET, 15TH, NEW YORK NY 10281-1023
Andrew Charles Alexander other: Co-Portfolio Manager BROOKFIELD INVEST MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 102811023
Brian Hurley officer: President BROOKFIELD INVESTMENT MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY STREET, 15TH, NEW YORK NY 10281-1023
Alexis I Rieger officer: Secretary C/O BROOKFIELD INVESTMENT MANAGAMNET INC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281-1023
Kim G. Redding director, officer: President C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST, 15TH FL, NEW YORK NY 10281-1023

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