Appraisal & Valuation (BSE:APP) Graham Number: leiN/A (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSE:APP Appraisal & Valuation BSE:APP
31 GF Score
Price lei1.44
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What is Appraisal & Valuation Graham Number?

Appraisal & Valuation BSE:APP 31 Graham Number is leiN/A as of . 20. GuruFocus rates BSE:APP with a GF Score™ of 31/100. Among 1,169 Real Estate companies, Appraisal & Valuation ranks worse than 85543.11% 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 (2026-07-24), the stock price of Appraisal & Valuation is lei1.44. Appraisal & Valuation's graham number for the quarter that ended in . 20 was leiN/A. Therefore, Appraisal & Valuation's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Appraisal & Valuation's Graham Number or its related term are showing as below:

BSE:APP's Price-to-Graham-Number is not ranked *
in the Real Estate industry.
Industry Median: 0.74
* 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.


Appraisal & Valuation  (BSE:APP) 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.

Appraisal & Valuation's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: . 20 )
=1.44/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.


Appraisal & Valuation Graham Number Related Terms


Appraisal & Valuation Graham Number Historical Data

* Premium members only.

The historical data trend for Appraisal & Valuation'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.

Appraisal & Valuation Graham Number Chart

Appraisal & Valuation Annual Data
Trend
Graham Number

Appraisal & Valuation Semi-Annual Data
Graham Number

BSE:APP vs : Graham Number Comparison

For the Real Estate Services subindustry, Appraisal & Valuation'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.


Appraisal & Valuation Price-to-Graham-Number vs Real Estate Industry

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

* The bar in red indicates where Appraisal & Valuation's Price-to-Graham-Number falls into.


BSE:APP
31GF Score
Appraisal & Valuation BSE:APP
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Appraisal & Valuation Graham Number Calculation

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

Appraisal & Valuation's Graham Number for the fiscal year that ended in . 20 is calculated as

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

Appraisal & Valuation's Graham Number for the quarter that ended in . 20 is calculated as

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

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of leiN/A mean?
Appraisal & Valuation (BSE:APP) has a Graham Number of leiN/A as of . 20. The Graham Number values a company based on its per-share earnings and book value. View historical data on Appraisal & Valuation and its competitors. According to the industry distribution chart, Appraisal & Valuation ranks #999999 out of 1169 companies in the Real Estate industry.
Is Appraisal & Valuation's Graham Number too high?
Appraisal & Valuation's current Graham Number is leiN/A. Based on the distribution chart, Appraisal & Valuation ranks #999999 out of 1169 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Appraisal & Valuation has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Appraisal & Valuation's Graham Number compare to ?
According to the Real Estate industry distribution chart, Appraisal & Valuation ranks #999999 out of 1169 companies for Graham Number. This places Appraisal & Valuation in the lower half of its industry. The industry median Graham Number is 0.74. 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 Real Estate company?
The median Graham Number among Real Estate companies is 0.74, based on 1,169 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 Appraisal & Valuation and its competitors. For the Real Estate 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. Appraisal & Valuation's current Graham Number is leiN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appraisal & Valuation stock overvalued right now?
Appraisal & Valuation (BSE:APP) has a current Graham Number of leiN/A. The current Graham Number is leiN/A. Appraisal & Valuation's overall GF Score™ is 31/100. 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 Appraisal & Valuation (BSE:APP), the current Graham Number is leiN/A as of . 20. 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.

Appraisal & Valuation Business Description

Comparable Companies
Address Str. Nicolae Caramfil, nr.87, etaj 6, sector 1, Bucuresti, ROU
Appraisal & Valuation has the main field of activity as evaluation of real estate. It helps institutions, companies and people to evaluate correctly and quickly all their real estate properties. The company is engaged in real estate administration; project management; technical advice and expertise; facility management; real estate consulting; accounting; audit; financial consultancy; insurance.
31GF Score

Get the complete analysis for BSE:APP

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

lei1.44
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