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.
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.
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.
BSP:KNRE11's Price-to-Graham-Number is not ranked *
in the REITs industry.
Industry Median: 0.71 * 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.
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII (BSP:KNRE11) 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.
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: . 20 )
=
0.24
/
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.
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII Graham Number Related Terms
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII 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.
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII Graham Number Chart
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII Annual Data
Trend
Graham Number
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII Semi-Annual Data
Graham Number
BSP:KNRE11 vs VMRK, EQR, ESS: Graham Number Comparison
* 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.
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII Price-to-Graham-Number vs REITs Industry
* 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.
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII (BSP:KNRE11) has a Graham Number of R$N/A as of . 20. The Graham Number values a company based on its per-share earnings and book value. View historical data on Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII and its competitors. According to the industry distribution chart, Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII ranks #999999 out of 734 companies in the REITs industry.
Is Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's Graham Number too high?
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's current Graham Number is R$N/A. Based on the distribution chart, Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII ranks #999999 out of 734 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's Graham Number compare to VMRK and EQR?
According to the REITs industry distribution chart, Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII ranks #999999 out of 734 companies for Graham Number. This places Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII in the lower half of its industry. The industry median Graham Number is 0.71. 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 REITs company?
The median Graham Number among REITs companies is 0.71, based on 734 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 Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII and its competitors. For the REITs industry, the median Graham Number is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's current Graham Number is R$N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII stock overvalued right now?
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII (BSP:KNRE11) has a current Graham Number of R$N/A. The current Graham Number is R$N/A. Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's overall GF Score™ is 19/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII (BSP:KNRE11), the current Graham Number is R$N/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.
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII is a closed-end fund. The fund's objective is to generate income through direct or indirect investment in Real Estate Ventures, namely direct or indirect equity participations in closed-capital corporation(s), limited liability companies, consortia or joint venture companies; certificates of additional construction potential; and quotas of other real estate funds.
19GF Score
Get the complete analysis for BSP:KNRE11
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:KNRE11 has been successfully added to your 
