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Jiayuan.com International (Jiayuan.com International) Graham Number : $4.72 (As of Sep. 2015)


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What is Jiayuan.com International 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 (2024-04-26), the stock price of Jiayuan.com International is $7.49. Jiayuan.com International's graham number for the quarter that ended in Sep. 2015 was $4.72. Therefore, Jiayuan.com International's Price to Graham Number ratio for today is 1.59.

The historical rank and industry rank for Jiayuan.com International's Graham Number or its related term are showing as below:

DATE's Price-to-Graham-Number is not ranked *
in the Interactive Media industry.
Industry Median: 1.7
* 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.


Jiayuan.com International Graham Number Historical Data

The historical data trend for Jiayuan.com International'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.

Jiayuan.com International Graham Number Chart

Jiayuan.com International Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Graham Number
Get a 7-Day Free Trial 0.77 2.67 4.26 4.56 2.11

Jiayuan.com International Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 2.41 2.32 2.74 3.04 4.72

Competitive Comparison of Jiayuan.com International's Graham Number

For the Internet Content & Information subindustry, Jiayuan.com International'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.


Jiayuan.com International's Price-to-Graham-Number Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Jiayuan.com International's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Jiayuan.com International's Price-to-Graham-Number falls into.



Jiayuan.com International Graham Number Calculation

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

Jiayuan.com International's Graham Number for the fiscal year that ended in Dec. 2014 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.857*0.107)
=2.11

Jiayuan.com International's Graham Number for the quarter that ended in Sep. 2015 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*3.229*0.306)
=4.72

* 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.


Jiayuan.com International  (NAS:DATE) 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.

Jiayuan.com International's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2015 )
=7.49/4.72
=1.59

* 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.


Jiayuan.com International Graham Number Related Terms

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


Jiayuan.com International (Jiayuan.com International) Business Description

Traded in Other Exchanges
N/A
Address
Jiayuan.com International Ltd was founded in October 2003. The Company, through its subsidiaries, the Group, operates online dating platform in China. It is engaged in providing a trusted, effective, and user focused online dating platform that addresses the dating and marriage needs of China's rapidly growing urban singles population. Its segments include: Online Services and Personalized Matchmaking Services. Online Services; the Group provides two types of online services through its online platforms, including message exchanging services and value-added services. Users prepay for virtual currencies that can be used as consideration for the Group's online services. The Group charges for message exchanging services when one registered user initiates contact with another registered user via the Group's online platform, and either the sender or recipient may pay for the service. Subsequently, the Group does not charge for any message exchanges between the same two users. Personalized Matchmaking Services, the Group provides personalized matchmaking services to individual users, which generally consist of unlimited access to certain online services, tickets to a number of events, personalized communications, provision of detailed background checks, dating and relationship consultation and advice and search services provided by the Group's customer service representatives in a specified contractual period. The Group's competitors include: Baihe.com, Zhenai.com and Youyuan.com.

Jiayuan.com International (Jiayuan.com International) Headlines

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