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PTC India Financial Services (BOM:533344) Graham Number : ₹N/A (As of Dec. 2023)


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What is PTC India Financial Services 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 (2024-05-20), the stock price of PTC India Financial Services is ₹42.69. PTC India Financial Services's graham number for the quarter that ended in Dec. 2023 was ₹N/A. Therefore, PTC India Financial Services's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for PTC India Financial Services's Graham Number or its related term are showing as below:

BOM:533344' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.22   Med: 0.54   Max: 1.37
Current: 0.85

During the past 13 years, the highest Price to Graham Number ratio of PTC India Financial Services was 1.37. The lowest was 0.22. And the median was 0.54.

BOM:533344's Price-to-Graham-Number is ranked better than
51.43% of 385 companies
in the Credit Services industry
Industry Median: 0.86 vs BOM:533344: 0.85

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


PTC India Financial Services Graham Number Historical Data

The historical data trend for PTC India Financial Services'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.

PTC India Financial Services Graham Number Chart

PTC India Financial Services 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 49.47 51.98 46.62 56.43 56.41

PTC India Financial Services Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 41.85 - 48.42 49.97 -

Competitive Comparison of PTC India Financial Services's Graham Number

For the Credit Services subindustry, PTC India Financial Services'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.


PTC India Financial Services's Price-to-Graham-Number Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, PTC India Financial Services's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where PTC India Financial Services's Price-to-Graham-Number falls into.



PTC India Financial Services Graham Number Calculation

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

PTC India Financial Services'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*38.029*3.719)
=56.41

PTC India Financial Services'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*2.28)
=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.


PTC India Financial Services  (BOM:533344) 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.

PTC India Financial Services's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=42.69/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.


PTC India Financial Services Graham Number Related Terms

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PTC India Financial Services (BOM:533344) Business Description

Traded in Other Exchanges
Address
8 Bhikaji Cama Place, 7th Floor, Telephone Exchange Building, New Delhi, IND, 110 066
PTC India Financial Services Ltd provides total financial services to the entities in the energy value chain, which inter-alia includes investing in equity and extending debt to power projects in generation, transmission, distribution, fuel sources, fuel-related infrastructures like gas pipelines, LNG terminals, ports, equipment manufacturers, and EPC contractors. The company also provides non-fund-based financial services adding value to greenfield and brownfield projects at various stages of growth and development. The company is an India-based Non-Banking Financial company.

PTC India Financial Services (BOM:533344) Headlines

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