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Perma-Fix Environmental Services (Perma-Fix Environmental Services) Graham Number

: $1.88 (As of Dec. 2023)
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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 (2024-04-24), the stock price of Perma-Fix Environmental Services is $11.64. Perma-Fix Environmental Services's graham number for the quarter that ended in Dec. 2023 was $1.88. Therefore, Perma-Fix Environmental Services's Price to Graham Number ratio for today is 6.19.

The historical rank and industry rank for Perma-Fix Environmental Services's Graham Number or its related term are showing as below:

PESI' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.73   Med: 2.51   Max: 6.2
Current: 6.19

During the past 13 years, the highest Price to Graham Number ratio of Perma-Fix Environmental Services was 6.20. The lowest was 1.73. And the median was 2.51.

PESI's Price-to-Graham-Number is ranked worse than
94.03% of 134 companies
in the Waste Management industry
Industry Median: 1.56 vs PESI: 6.19

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


Perma-Fix Environmental Services Graham Number Historical Data

The historical data trend for Perma-Fix Environmental Services'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.

Perma-Fix Environmental Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.06 3.45 - - 1.91

Perma-Fix Environmental Services Quarterly Data
Mar19 Jun19 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 - - - - 1.88

Competitive Comparison

For the Waste Management subindustry, Perma-Fix Environmental Services'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.


Perma-Fix Environmental Services Price-to-Graham-Number Distribution

For the Waste Management industry and Industrials sector, Perma-Fix Environmental Services's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Perma-Fix Environmental Services's Price-to-Graham-Number falls into.



Perma-Fix Environmental Services Graham Number Calculation

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

Perma-Fix Environmental Services'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*2.126*0.076)
=1.91

Perma-Fix Environmental Services'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*2.126*0.074)
=1.88

* 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.


Perma-Fix Environmental Services  (NAS:PESI) 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.

Perma-Fix Environmental Services's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=11.64/1.88
=6.19

* 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.


Perma-Fix Environmental Services Graham Number Related Terms

Thank you for viewing the detailed overview of Perma-Fix Environmental Services's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Perma-Fix Environmental Services (Perma-Fix Environmental Services) Business Description

Traded in Other Exchanges
Address
8302 Dunwoody Place, Suite 250, Atlanta, GA, USA, 30350
Perma-Fix Environmental Services Inc is a provider of both nuclear services and the management of nuclear and mixed waste. The company operates through three segments: Treatment segment offers nuclear, low-level radioactive, Mixed, hazardous and non-hazardous waste treatment, processing and disposal services. Service segment provides on-site waste management services to commercial and government customers, technical services and nuclear services The Medical segment is involved in the research and development of medical isotope production technology.
Executives
Andy Lombardo officer: EVP of Nuclear & Technical Svs 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Mark Duff officer: Executive Vice President/COO 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Larry Shelton director 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Joe Reeder director 1940 NW 67TH PLACE, SUITE A, GAINESVILLE FL 32653
Louis F Centofanti officer: Chairman of Board & CEO
Ben Naccarato officer: Chief Financial Officer 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Richard Grondin officer: EVP of Waste Treatment Ops 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Kerry C Duggan director 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Thomas Bostick director 20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Joseph Timothy Grumski director 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Zach Paul Wamp director 8302 DUNWOODY PLACE SUITE 250, ATLANTA GA 30350
Stanley Robert Cochran director 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Heartland Advisors Inc 10 percent owner 790 N WATER STREET, SUITE 1200, MILWAUKEE WI 53202
William J Nasgovitz 10 percent owner 790 N WATER STREET, SUITE 1200, MILWAUKEE WI 53202
Gary Kugler director 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350