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Asia Sermkij Leasing PCLBKK:ASK +3.33%52 Graham Number is ฿18.23 as of Mar. 2026, which is 100% below its 10-year median of 0.69. GuruFocus rates BKK:ASK with a GF Score™ of 52/100 and a GF Value™ of ฿1,251.07 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 403 Credit Services companies, Asia Sermkij Leasing PCL ranks better than 61.54% 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.
Asia Sermkij Leasing PCL (BKK:ASK) 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.
Asia Sermkij Leasing PCL's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
12.40
/
18.23
=
0.68
* 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.
Asia Sermkij Leasing PCL Graham Number Related Terms
Asia Sermkij Leasing PCL Graham Number Historical Data
* 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.
For the Credit Services subindustry, Asia Sermkij Leasing PCL'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.
Asia Sermkij Leasing PCL Price-to-Graham-Number vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Asia Sermkij Leasing PCL's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Asia Sermkij Leasing PCL's Price-to-Graham-Number falls into.
* 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.
Asia Sermkij Leasing PCL (BKK:ASK) has a Graham Number of ฿18.23 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Asia Sermkij Leasing PCL and its competitors. This is 2542% above median its historical median of 0.69. Over the past decade, Asia Sermkij Leasing PCL's Graham Number has ranged from 0.41 to 1.43. According to the industry distribution chart, Asia Sermkij Leasing PCL ranks #155 out of 403 companies in the Credit Services industry, placing it in the top 38.5%.
Is Asia Sermkij Leasing PCL's Graham Number too high?
Asia Sermkij Leasing PCL's current Graham Number of ฿18.23 is 2542% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.43. Based on the distribution chart, Asia Sermkij Leasing PCL ranks #155 out of 403 companies in the Credit Services industry, which is above the industry midpoint. Overall, Asia Sermkij Leasing PCL has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Sermkij Leasing PCL's Graham Number compare to V and MA?
According to the Credit Services industry distribution chart, Asia Sermkij Leasing PCL ranks #155 out of 403 companies for Graham Number. This puts Asia Sermkij Leasing PCL in the upper half of its industry. The industry median Graham Number is 0.83. Historically, Asia Sermkij Leasing PCL's own Graham Number has ranged from 0.41 to 1.43 over the past decade. 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 Credit Services company?
The median Graham Number among Credit Services companies is 0.83, based on 403 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. 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 Asia Sermkij Leasing PCL and its competitors. For the Credit Services industry, the median Graham Number is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Sermkij Leasing PCL's current Graham Number is ฿18.23, which is 2542% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Sermkij Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Sermkij Leasing PCL (BKK:ASK) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1,251.07, compared to a current price of ฿12.40 — trading 99% below its estimated fair value. The current Graham Number is ฿18.23, which is 2542% above median its 10-year median of 0.69. Asia Sermkij Leasing PCL's overall GF Score™ is 52/100 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 Asia Sermkij Leasing PCL (BKK:ASK), the current Graham Number is ฿18.23 as of Mar. 2026. 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 Asia Sermkij Leasing PCL (BKK:ASK) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Sermkij Leasing PCL stock appears to be undervalued.
The current stock price of ฿12.40 is trading 99% below its estimated GF Value™ of ฿1,251.07.
GuruFocus considers Asia Sermkij Leasing PCL to be Possible Value Trap.
Key valuation signals for BKK:ASK:
Graham Number: ฿18.23 (2542% above median its 10-year median of 0.69)
GF Value™: ฿1,251.07 vs. price of ฿12.40 (99% below fair value)
No single metric tells the full story. See the BKK:ASK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Sermkij Leasing PCL operates a hire purchase business for all types of automobiles in the form of new car financing to its customers in Bangkok and the metropolitan area. Subsequently, the company has expanded its business into used car hire purchases, personal loans, and floor plan financing, as well as other services such as auto registration, tax renewal, and insurance services. The company has reportable operating segments: Hire purchase, Leasing, Loan, and Insurance broker. The majority of its revenue is generated from the Hire purchase segment, which provides auto and machine hire purchase services for consumers and commercial customers.
52GF Score
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