Crombie Real Estate Investment Trust (Crombie Real Estate Investment Trust) Graham Number : $N/A (As of Mar. 2024)

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What is Crombie Real Estate Investment Trust 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 Crombie Real Estate Investment Trust is $9.43. Crombie Real Estate Investment Trust's graham number for the quarter that ended in Mar. 2024 was $N/A. Therefore, Crombie Real Estate Investment Trust's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Crombie Real Estate Investment Trust's Graham Number or its related term are showing as below:

During the past 13 years, the highest Price to Graham Number ratio of Crombie Real Estate Investment Trust was 2.13. The lowest was 1.97. And the median was 2.01.

CROMF's Price-to-Graham-Number is not ranked ^*
in the REITs industry.
Industry Median: 0.81
* 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.

Crombie Real Estate Investment Trust Graham Number Historical Data

The historical data trend for Crombie Real Estate Investment Trust'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.

Crombie Real Estate Investment Trust Graham Number Chart

Crombie Real Estate Investment Trust Annual Data

Trend

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Dec23

Graham Number

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Crombie Real Estate Investment Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Graham Number	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Crombie Real Estate Investment Trust's Graham Number

For the REIT - Diversified subindustry, Crombie Real Estate Investment Trust'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.

Crombie Real Estate Investment Trust's Price-to-Graham-Number Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Crombie Real Estate Investment Trust's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Crombie Real Estate Investment Trust's Price-to-Graham-Number falls into.

Crombie Real Estate Investment Trust Graham Number Calculation

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

Crombie Real Estate Investment Trust's Graham Number for the fiscal year that ended in Dec. 2023 is calculated as

	Graham Number
=	sqrt of (22.5	*	Tangible Book per Share	*	EPS without NRI)
=	sqrt of (22.5	*	7.511	*	-0.246)
=	N/A

Crombie Real Estate Investment Trust'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	*	7.398	*	-0.246)
=	N/A

Crombie Real Estate Investment Trust (OTCPK:CROMF) 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.

Crombie Real Estate Investment Trust's Price to Graham number Ratio for today is calculated as

Price to Graham number	=	Share Price (Today)	/	Graham number (Q: Mar. 2024 )
	=	9.43	/	N/A
	=	N/A

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.

Crombie Real Estate Investment Trust Graham Number Related Terms

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Crombie Real Estate Investment Trust (Crombie Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Crombie Real Estate Investment Trust (OTCPK:CROMF) » Definitions » Graham Number

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Traded in Other Exchanges

CRR.UN:Canada

Address

610 East River Road, Suite 200, New Glasgow, NS, CAN, B2H 3S2

Website

https://www.crombiereit.ca

Crombie Real Estate Investment Trust is a Canada-based open-end REIT that focuses on the retail industry. The company invests, operates, and develops a portfolio of grocery-store- and drugstore-anchored shopping centres, freestanding stores, offices, and mixed-use developments. The properties are located primarily in Canada's urban and suburban markets. Crombie's major tenants include retailers such as Sobeys, Shoppers Drug Mart, Cineplex, and Province of Nova Scotia. The company's property portfolio includes Aberdeen Business Centre, Barrington Place, Brunswick Place, Kenmount Business Centre, Barrington Tower, CIBC Building, Amherst Centre, Avalon Mall, County Fair Mall, and others.