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Berjaya Bhd (XKLS:3395) Graham Number : RMN/A (As of Dec. 2023)


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What is Berjaya Bhd 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 (2024-05-28), the stock price of Berjaya Bhd is RM0.29. Berjaya Bhd's graham number for the quarter that ended in Dec. 2023 was RMN/A. Therefore, Berjaya Bhd's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Berjaya Bhd's Graham Number or its related term are showing as below:

During the past 13 years, the highest Price to Graham Number ratio of Berjaya Bhd was 2.88. The lowest was 0.46. And the median was 0.67.

XKLS:3395's Price-to-Graham-Number is not ranked *
in the Conglomerates industry.
Industry Median: 0.86
* 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.


Berjaya Bhd Graham Number Historical Data

The historical data trend for Berjaya Bhd'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.

Berjaya Bhd Graham Number Chart

Berjaya Bhd Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.20 -

Berjaya Bhd Quarterly Data
Oct18 Jan19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 0.10 - - -

Competitive Comparison of Berjaya Bhd's Graham Number

For the Conglomerates subindustry, Berjaya Bhd'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.


Berjaya Bhd's Price-to-Graham-Number Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Berjaya Bhd's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Berjaya Bhd's Price-to-Graham-Number falls into.



Berjaya Bhd Graham Number Calculation

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

Berjaya Bhd's Graham Number for the fiscal year that ended in Jun. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.244*-0.018)
=N/A

Berjaya Bhd'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*0.199*-0.028)
=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.


Berjaya Bhd  (XKLS:3395) 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.

Berjaya Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=0.29/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.


Berjaya Bhd Graham Number Related Terms

Thank you for viewing the detailed overview of Berjaya Bhd's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Berjaya Bhd (XKLS:3395) Business Description

Traded in Other Exchanges
Address
Level 12 (East Wing), Berjaya Times Square, No.1 Jalan Imbi, Kuala Lumpur, SGR, MYS, 55100
Berjaya Corp Bhd is a Malaysia-based conglomerate which is engaged in financial services, consumer products marketing, property investment, hotel operation, gaming, Property Investment and Development, gaming and Lottery Management, Food and Beverage, restaurant operation, and others. The company operates in four main segments, namely Retail, Services, Property and Hospitality. The company generates the majority of its revenue from the Malaysian domestic market.

Berjaya Bhd (XKLS:3395) Headlines

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