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Ganesha Ecosphere (BOM:514167) Graham Number : ₹582.89 (As of Sep. 2024)


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What is Ganesha Ecosphere 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 (2024-12-15), the stock price of Ganesha Ecosphere is ₹2189.30. Ganesha Ecosphere's graham number for the quarter that ended in Sep. 2024 was ₹582.89. Therefore, Ganesha Ecosphere's Price to Graham Number ratio for today is 3.76.

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

BOM:514167' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.45   Med: 1.17   Max: 3.76
Current: 3.76

During the past 13 years, the highest Price to Graham Number ratio of Ganesha Ecosphere was 3.76. The lowest was 0.45. And the median was 1.17.

BOM:514167's Price-to-Graham-Number is ranked worse than
89.43% of 700 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.2 vs BOM:514167: 3.76

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


Ganesha Ecosphere Graham Number Historical Data

The historical data trend for Ganesha Ecosphere'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.

Ganesha Ecosphere Graham Number Chart

Ganesha Ecosphere Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 374.47 306.55 433.79 470.22 405.93

Ganesha Ecosphere Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 375.40 - 411.96 - 582.89

Competitive Comparison of Ganesha Ecosphere's Graham Number

For the Textile Manufacturing subindustry, Ganesha Ecosphere'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.


Ganesha Ecosphere's Price-to-Graham-Number Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ganesha Ecosphere's Price-to-Graham-Number distribution charts can be found below:

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



Ganesha Ecosphere Graham Number Calculation

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

Ganesha Ecosphere's Graham Number for the fiscal year that ended in Mar. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*415.582*17.622)
=405.93

Ganesha Ecosphere's Graham Number for the quarter that ended in Sep. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*432.679*34.9)
=582.89

* 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.


Ganesha Ecosphere  (BOM:514167) 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.

Ganesha Ecosphere's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2024 )
=2189.30/582.89
=3.76

* 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.


Ganesha Ecosphere Graham Number Related Terms

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Ganesha Ecosphere Business Description

Traded in Other Exchanges
Address
113/216-B, Swaroop Nagar, First Floor, Kanpur, UP, IND, 208002
Ganesha Ecosphere Ltd deals in the manufacture and sale of polyester staple fiber and spun yarn. The company is involved in the manufacture of recycled polyester staple fiber (RPSF) and recycled polyester spun yarn (RPSY) from pre-and post-consumer polyethylene terephthalate (PET) bottle scrap. Firm' products have application in the manufacture of textiles (T-shirts, body warmers), functional textiles (non-woven air filter fabric, geotextiles, carpets, car upholstery) and fillings (for pillows, duvets, toys). Majority of the company's revenue is derived in India.

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