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Gr.rantis (ATH:SAR) Graham Number : €8.15 (As of Dec. 2024)


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What is Gr.rantis 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 (2025-04-28), the stock price of Gr.rantis is €13.36. Gr.rantis's graham number for the quarter that ended in Dec. 2024 was €8.15. Therefore, Gr.rantis's Price to Graham Number ratio for today is 1.64.

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

ATH:SAR' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.11   Med: 1.38   Max: 1.64
Current: 1.64

During the past 13 years, the highest Price to Graham Number ratio of Gr.rantis was 1.64. The lowest was 1.11. And the median was 1.38.

ATH:SAR's Price-to-Graham-Number is ranked worse than
65.48% of 1321 companies
in the Consumer Packaged Goods industry
Industry Median: 1.14 vs ATH:SAR: 1.64

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


Gr.rantis Graham Number Historical Data

The historical data trend for Gr.rantis'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.

Gr.rantis Graham Number Chart

Gr.rantis Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.24 5.92 5.77 7.55 8.15

Gr.rantis Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 5.76 6.71 7.55 7.58 8.15

Competitive Comparison of Gr.rantis's Graham Number

For the Household & Personal Products subindustry, Gr.rantis'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.


Gr.rantis's Price-to-Graham-Number Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gr.rantis's Price-to-Graham-Number distribution charts can be found below:

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


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Gr.rantis Graham Number Calculation

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

Gr.rantis's Graham Number for the fiscal year that ended in Dec. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*4.162*0.709)
=8.15

Gr.rantis's Graham Number for the quarter that ended in Dec. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*4.162*0.709)
=8.15

* 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.


Gr.rantis  (ATH:SAR) 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.

Gr.rantis's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2024 )
=13.36/8.15
=1.64

* 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.


Gr.rantis Graham Number Related Terms

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


Gr.rantis Business Description

Traded in Other Exchanges
Address
26 Amarousiou - Chalandriou Street, Maroussi, GRC, 15125
Gr. Sarantis SA is a consumer products manufacturer that offers cosmetics, including aftershave lotions and deodorants with brands such as Adidas and C-THRU; household products including food packaging, cleaning, and shoe care products of such brands as Sanitas and Camel; and health & care products & para pharmaceutical products including vitamins and food supplements, pregnancy and ovulation tests, and sun care products, and luxury cosmetics, including fragrance, treatment, and makeup products under its brands and various other brands. It operates in segments: Beauty / Skin Care / Sun Care, Personal Care, Home Care Solutions, Private Label, Strategic Partnerships and Other Sales. The geographical segments are Greece, Ukraine, Poland, Romania, Czech, Hungary, Slovakia, and others.