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Singapore Press Holdings (Singapore Press Holdings) Graham Number : $9.55 (As of Aug. 2021)


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What is Singapore Press Holdings 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 (2024-05-06), the stock price of Singapore Press Holdings is $7.85. Singapore Press Holdings's graham number for the quarter that ended in Aug. 2021 was $9.55. Therefore, Singapore Press Holdings's Price to Graham Number ratio for today is 0.82.

The historical rank and industry rank for Singapore Press Holdings's Graham Number or its related term are showing as below:

SGPRY' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.78   Med: 1.04   Max: 1.46
Current: 0.82

During the past 13 years, the highest Price to Graham Number ratio of Singapore Press Holdings was 1.46. The lowest was 0.78. And the median was 1.04.

SGPRY's Price-to-Graham-Number is not ranked
in the Real Estate industry.
Industry Median: 0.79 vs SGPRY: 0.82

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


Singapore Press Holdings Graham Number Historical Data

The historical data trend for Singapore Press Holdings'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.

Singapore Press Holdings Graham Number Chart

Singapore Press Holdings Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.59 10.14 9.09 - 9.52

Singapore Press Holdings Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
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 9.14 9.03 - - 9.55

Competitive Comparison of Singapore Press Holdings's Graham Number

For the Real Estate - Diversified subindustry, Singapore Press Holdings'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.


Singapore Press Holdings's Price-to-Graham-Number Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Singapore Press Holdings's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Singapore Press Holdings's Price-to-Graham-Number falls into.



Singapore Press Holdings Graham Number Calculation

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

Singapore Press Holdings's Graham Number for the fiscal year that ended in Aug. 2021 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*9.095*0.443)
=9.52

Singapore Press Holdings's Graham Number for the quarter that ended in Aug. 2021 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*9.095*0.446)
=9.55

* 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.


Singapore Press Holdings  (OTCPK:SGPRY) 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.

Singapore Press Holdings's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Aug. 2021 )
=7.85/9.55
=0.82

* 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.


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.


Singapore Press Holdings Graham Number Related Terms

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Singapore Press Holdings (Singapore Press Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1000 Toa Payoh North, News Centre, Singapore, SGP, 318994
Singapore Press Holdings Ltd is a Singapore-based media organization that operates newspapers, magazines, websites, and television stations across Asia. The company operates over 15 different newspapers, including The Straits Times and Business Times in Singapore. It also produces more than 100 magazine titles in Singapore, ranging from technology and business to lifestyle and entertainment themes. While the largest revenue driver is its media business, Singapore Press Holdings also invests in real estate through various holdings and REIT offerings across Singapore and surrounding countries.

Singapore Press Holdings (Singapore Press Holdings) Headlines

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