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USS Co (USS Co) Graham Number : $10.39 (As of Dec. 2023)


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What is USS Co 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 (2024-04-25), the stock price of USS Co is $15.70. USS Co's graham number for the quarter that ended in Dec. 2023 was $10.39. Therefore, USS Co's Price to Graham Number ratio for today is 1.51.

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

USSJY' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.34   Med: 1.74   Max: 2.23
Current: 1.66

During the past 13 years, the highest Price to Graham Number ratio of USS Co was 2.23. The lowest was 1.34. And the median was 1.74.

USSJY's Price-to-Graham-Number is ranked worse than
66% of 956 companies
in the Vehicles & Parts industry
Industry Median: 1.145 vs USSJY: 1.66

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


USS Co Graham Number Historical Data

The historical data trend for USS Co'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.

USS Co Graham Number Chart

USS Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.01 10.25 9.57 11.17 10.59

USS Co 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 10.25 10.49 10.00 10.15 10.39

Competitive Comparison of USS Co's Graham Number

For the Auto & Truck Dealerships subindustry, USS Co'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.


USS Co's Price-to-Graham-Number Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, USS Co's Price-to-Graham-Number distribution charts can be found below:

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



USS Co Graham Number Calculation

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

USS Co's Graham Number for the fiscal year that ended in Mar. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*5.442*0.916)
=10.59

USS Co'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*5.06*0.949)
=10.39

* 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.


USS Co  (OTCPK:USSJY) 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.

USS Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=15.70/10.39
=1.51

* 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.


USS Co Graham Number Related Terms

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


USS Co (USS Co) Business Description

Traded in Other Exchanges
Address
507-20 Shinpo-Machi, Tokai-shi, Aichi Prefecture, JPN, 476-0005
USS is a Japanese company involved in managing used-vehicle auctions. It has two segments: the auction business (purchasing and selling used vehicles) and the environment-related business. The auction business distributes used vehicles by organizing auctions. The on-site auctions are held in 17 locations across the local market, satellite auctions, and Internet auctions. The recycling business scraps unsold vehicles to recycle them as rebuilt auto parts, raw materials, or solid fuel.

USS Co (USS Co) Headlines

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