ATTRF (CapitaLand Ascott Trust) Graham Number: $1.04 (As of Dec. 2025) — 27% Above Median

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ATTRF CapitaLand Ascott Trust ATTRF
59 GF Score
Price $0.74
GF Value $0.76
! 8 Warning Signs
View Full Analysis

What is CapitaLand Ascott Trust Graham Number?

CapitaLand Ascott Trust ATTRF 59 Graham Number is $1.04 as of Dec. 2025, which is 27% above its 10-year median of 0.82. GuruFocus rates ATTRF with a GF Score™ of 59/100 and a GF Value™ of $0.76. The stock has 8 warning signs investors should review. Among 731 REITs companies, CapitaLand Ascott Trust ranks better than 55.81% on this metric.

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 (2026-07-25), the stock price of CapitaLand Ascott Trust is $0.7386. CapitaLand Ascott Trust's graham number for the quarter that ended in Dec. 2025 was $1.04. Therefore, CapitaLand Ascott Trust's Price to Graham Number ratio for today is 0.71.

The historical rank and industry rank for CapitaLand Ascott Trust's Graham Number or its related term are showing as below:

ATTRF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.68   Med: 0.82   Max: 0.84
Current: 0.68

During the past 13 years, the highest Price to Graham Number ratio of CapitaLand Ascott Trust was 0.84. The lowest was 0.68. And the median was 0.82.

ATTRF's Price-to-Graham-Number is ranked better than
55.81% of 731 companies
in the REITs industry
Industry Median: 0.74 vs ATTRF: 0.68

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


CapitaLand Ascott Trust  (OTCPK:ATTRF) 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.

CapitaLand Ascott Trust's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.7386/1.04
=0.71

* 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.


CapitaLand Ascott Trust Graham Number Related Terms


CapitaLand Ascott Trust Graham Number Historical Data

* Premium members only.

The historical data trend for CapitaLand Ascott Trust'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.

CapitaLand Ascott Trust Graham Number Chart

CapitaLand Ascott Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.94 0.92 0.77 1.03

CapitaLand Ascott Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.91 0.88 0.77 0.80 1.04

ATTRF vs VICI, WPC, BNL: Graham Number Comparison

For the REIT - Diversified subindustry, CapitaLand Ascott Trust'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.


CapitaLand Ascott Trust Price-to-Graham-Number vs REITs Industry

For the REITs industry and Real Estate sector, CapitaLand Ascott Trust's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where CapitaLand Ascott Trust's Price-to-Graham-Number falls into.


ATTRF
59GF Score
CapitaLand Ascott Trust ATTRF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CapitaLand Ascott Trust Graham Number Calculation

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

CapitaLand Ascott Trust's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.987*0.048)
=1.03

CapitaLand Ascott Trust's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.987*0.049)
=1.04

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $1.04 mean?
CapitaLand Ascott Trust (ATTRF) has a Graham Number of $1.04 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on CapitaLand Ascott Trust and its competitors. This is 27% above median its historical median of 0.82. Over the past decade, CapitaLand Ascott Trust's Graham Number has ranged from 0.68 to 0.84. According to the industry distribution chart, CapitaLand Ascott Trust ranks #323 out of 731 companies in the REITs industry, placing it in the top 44.2%.
Is CapitaLand Ascott Trust's Graham Number too high?
CapitaLand Ascott Trust's current Graham Number of $1.04 is 27% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 0.84. The REITs industry median Graham Number is 0.74. CapitaLand Ascott Trust's value of $1.04 is 40.5% above this industry median. Based on the distribution chart, CapitaLand Ascott Trust ranks #323 out of 731 companies in the REITs industry, which is above the industry midpoint. Overall, CapitaLand Ascott Trust has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does CapitaLand Ascott Trust's Graham Number compare to VICI and WPC?
According to the REITs industry distribution chart, CapitaLand Ascott Trust ranks #323 out of 731 companies for Graham Number. This puts CapitaLand Ascott Trust in the upper half of its industry. The industry median Graham Number is 0.74. CapitaLand Ascott Trust's value of $1.04 is 40.5% above this benchmark. Historically, CapitaLand Ascott Trust's own Graham Number has ranged from 0.68 to 0.84 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.74, CapitaLand Ascott Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a REITs company?
The median Graham Number among REITs companies is 0.74, based on 731 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CapitaLand Ascott Trust's current Graham Number of $1.04 is 40.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on CapitaLand Ascott Trust and its competitors. For the REITs industry, the median Graham Number is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapitaLand Ascott Trust's current Graham Number is $1.04, which is 27% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand Ascott Trust stock overvalued right now?
CapitaLand Ascott Trust (ATTRF) has a current Graham Number of $1.04. The stock's GF Value™ is $0.76, compared to a current price of $0.74 — trading 2.8% below its estimated fair value. The current Graham Number is $1.04, which is 27% above median its 10-year median of 0.82 and 40.5% above the REITs industry median of 0.74. CapitaLand Ascott Trust's overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For CapitaLand Ascott Trust (ATTRF), the current Graham Number is $1.04 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CapitaLand Ascott Trust (ATTRF) Overvalued in 2026?

Based on GuruFocus' analysis, CapitaLand Ascott Trust stock appears to be undervalued. The current stock price of $0.74 is trading 2.8% below its estimated GF Value™ of $0.76.

Key valuation signals for ATTRF:

  • Graham Number: $1.04 (27% above median its 10-year median of 0.82)
  • GF Value™: $0.76 vs. price of $0.74 (2.8% below fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 40.5% above the REITs median (#323 of 731)

No single metric tells the full story. See the ATTRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CapitaLand Ascott Trust Business Description

Industry Real EstateREITs
Other Exchanges HMN:Singapore
Address 168 Robinson Road, No. 30-01, Capital Tower, Singapore, SGP, 068912
CapitaLand Ascott Trust is a stapled group comprising a real estate investment trust and a business trust, principally engaged in investing in investment properties. It derives income from rental income, including master lease arrangements, and from serviced residence management and service fees associated with hospitality assets. Its operations are geographically diversified across Singapore, Australia, Belgium, China, France, Germany, Indonesia, Ireland, and Japan.
59GF Score

Get the complete analysis for ATTRF

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.74
Price
$0.76
GF Value