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Diggi Multitrade (BOM:540811) Graham Number : ₹N/A (As of Sep. 2023)


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What is Diggi Multitrade 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 (2024-05-26), the stock price of Diggi Multitrade is ₹27.89. Diggi Multitrade's graham number for the quarter that ended in Sep. 2023 was ₹N/A. Therefore, Diggi Multitrade's Price to Graham Number ratio for today is N/A.

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

During the past 11 years, the highest Price to Graham Number ratio of Diggi Multitrade was 5.57. The lowest was 1.49. And the median was 1.66.

BOM:540811's Price-to-Graham-Number is not ranked *
in the Real Estate industry.
Industry Median: 0.79
* 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.


Diggi Multitrade Graham Number Historical Data

The historical data trend for Diggi Multitrade'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.

Diggi Multitrade Graham Number Chart

Diggi Multitrade Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 - 3.55 3.31 -

Diggi Multitrade Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 3.31 5.96 - -

Competitive Comparison of Diggi Multitrade's Graham Number

For the Real Estate Services subindustry, Diggi Multitrade'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.


Diggi Multitrade's Price-to-Graham-Number Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Diggi Multitrade's Price-to-Graham-Number distribution charts can be found below:

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



Diggi Multitrade Graham Number Calculation

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

Diggi Multitrade's Graham Number for the fiscal year that ended in Mar. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*10.948*-0.088)
=N/A

Diggi Multitrade's Graham Number for the quarter that ended in Sep. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*10.913*-0.058)
=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.


Diggi Multitrade  (BOM:540811) 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.

Diggi Multitrade's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2023 )
=27.89/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.


Diggi Multitrade Graham Number Related Terms

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Diggi Multitrade (BOM:540811) Business Description

Traded in Other Exchanges
N/A
Address
Opposite Infiniti Mall, Link Road, D-106, Crystal Plaza, Andheri (West), Mumbai, MH, IND, 400053
Diggi Multitrade Ltd is engaged in the trading of real estate by way of acquiring interests in various real estate projects such as flats and land where the company purchases the flat from the builders and sells to a third party at a price higher than the price originally paid by the company. The company is also involved in trading construction materials.

Diggi Multitrade (BOM:540811) Headlines

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