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PT Indo Boga Sukses Tbk (ISX:IBOS) Graham Number : Rp35.82 (As of Dec. 2023)


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What is PT Indo Boga Sukses Tbk 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 PT Indo Boga Sukses Tbk is Rp163.00. PT Indo Boga Sukses Tbk's graham number for the quarter that ended in Dec. 2023 was Rp35.82. Therefore, PT Indo Boga Sukses Tbk's Price to Graham Number ratio for today is 4.55.

The historical rank and industry rank for PT Indo Boga Sukses Tbk's Graham Number or its related term are showing as below:

ISX:IBOS' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.94   Med: 7.46   Max: 11.97
Current: 4.55

During the past 5 years, the highest Price to Graham Number ratio of PT Indo Boga Sukses Tbk was 11.97. The lowest was 2.94. And the median was 7.46.

ISX:IBOS's Price-to-Graham-Number is ranked worse than
87.44% of 199 companies
in the Restaurants industry
Industry Median: 1.92 vs ISX:IBOS: 4.55

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


PT Indo Boga Sukses Tbk Graham Number Historical Data

The historical data trend for PT Indo Boga Sukses Tbk'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.

PT Indo Boga Sukses Tbk Graham Number Chart

PT Indo Boga Sukses Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
- 17.68 15.30 29.30 30.40

PT Indo Boga Sukses Tbk Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Graham Number Get a 7-Day Free Trial - - 29.30 37.51 35.82

Competitive Comparison of PT Indo Boga Sukses Tbk's Graham Number

For the Restaurants subindustry, PT Indo Boga Sukses Tbk'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.


PT Indo Boga Sukses Tbk's Price-to-Graham-Number Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, PT Indo Boga Sukses Tbk's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where PT Indo Boga Sukses Tbk's Price-to-Graham-Number falls into.



PT Indo Boga Sukses Tbk Graham Number Calculation

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

PT Indo Boga Sukses Tbk'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*41.498*0.99)
=30.40

PT Indo Boga Sukses Tbk'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*41.498*1.374)
=35.82

* 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.


PT Indo Boga Sukses Tbk  (ISX:IBOS) 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.

PT Indo Boga Sukses Tbk's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=163.00/35.82
=4.55

* 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.


PT Indo Boga Sukses Tbk Graham Number Related Terms

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PT Indo Boga Sukses Tbk (ISX:IBOS) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Randugowang, Sendangadi Village, Mlati District, Sleman Regency, Yogyakarta, IDN, 55285
PT Indo Boga Sukses Tbk is engaged in the food and beverage industry by owning and operating D'Monaco Restaurant which has a European theme and feel. The restaurant offers special events such as wedding reception, birthday celebration, anniversary, pre-wedding photoshoot, bridal shower, board and corporate meeting, fashion show, fine dining, and other social events.

PT Indo Boga Sukses Tbk (ISX:IBOS) Headlines

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