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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 (2026-09-09), the stock price of Asian Hotels (North) is ₹407.05. Asian Hotels (North)'s graham number for the quarter that ended in Jun. 2026 was ₹N/A. Therefore, Asian Hotels (North)'s Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Asian Hotels (North)'s Graham Number or its related term are showing as below:
BOM:500023's Price-to-Graham-Number is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.23 * Ranked among companies with meaningful Price-to-Graham-Number only.
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Asian Hotels (North) (BOM:500023) 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.
Asian Hotels (North)'s Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
407.05
/
N/A
=
N/A
* 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.
Asian Hotels (North) Graham Number Related Terms
Asian Hotels (North) Graham Number Historical Data
* Premium members only.
The historical data trend for Asian Hotels (North)'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.
BOM:500023 vs MAR, HLT, H: Graham Number Comparison
For the Lodging subindustry, Asian Hotels (North)'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.
Asian Hotels (North) Price-to-Graham-Number vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Asian Hotels (North)'s Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Asian Hotels (North)'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.
Asian Hotels (North) (BOM:500023) has a Graham Number of ₹N/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Asian Hotels (North) and its competitors. According to the industry distribution chart, Asian Hotels (North) ranks #999999 out of 505 companies in the Travel & Leisure industry.
Is Asian Hotels (North)'s Graham Number too high?
Asian Hotels (North)'s current Graham Number is ₹N/A. Based on the distribution chart, Asian Hotels (North) ranks #999999 out of 505 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Asian Hotels (North) has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asian Hotels (North)'s Graham Number compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Asian Hotels (North) ranks #999999 out of 505 companies for Graham Number. This places Asian Hotels (North) in the lower half of its industry. The industry median Graham Number is 1.23. 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 Travel & Leisure company?
The median Graham Number among Travel & Leisure companies is 1.23, based on 505 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 Asian Hotels (North) and its competitors. For the Travel & Leisure industry, the median Graham Number is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Hotels (North)'s current Graham Number is ₹N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Hotels (North) stock overvalued right now?
Based on GuruFocus' analysis, Asian Hotels (North) (BOM:500023) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹233.51, compared to a current price of ₹407.05 — trading 74.3% above its estimated fair value. The current Graham Number is ₹N/A. Asian Hotels (North)'s overall GF Score™ is 40/100 with 7 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 Asian Hotels (North) (BOM:500023), the current Graham Number is ₹N/A as of Jun. 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 Asian Hotels (North) (BOM:500023) Overvalued in 2026?
Based on GuruFocus' analysis, Asian Hotels (North) stock appears to be overvalued.
The current stock price of ₹407.05 is trading 74.3% above its estimated GF Value™ of ₹233.51.
GuruFocus considers Asian Hotels (North) to be Significantly Overvalued.
Key valuation signals for BOM:500023:
Graham Number: ₹N/A
GF Value™: ₹233.51 vs. price of ₹407.05 (74.3% above fair value)
No single metric tells the full story. See the BOM:500023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asian Hotels (North) Ltd is a holding company. It is engaged in hotel operations. It owns a five-star deluxe hotel, Hotel Hyatt Regency Delhi. The hotel includes restaurants, such as Cafe, an all-day dining restaurant; The China Kitchen, an authentic Chinese restaurant; La Piazza for traditional Italian and Sidewalk, the pastry, and a confectionary store. The leisure facilities offered by the hotel include a spa, a unisex salon, a fitness center, and an outdoor swimming pool. The company's segment includes Hospitality / Hotel business.
40GF Score
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