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Ringkjoebing Landbobank AS (CHIX:RILBAC) Graham Number : kr890.45 (As of Mar. 2025)


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What is Ringkjoebing Landbobank AS 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 (2025-07-21), the stock price of Ringkjoebing Landbobank AS is kr1430.00. Ringkjoebing Landbobank AS's graham number for the quarter that ended in Mar. 2025 was kr890.45. Therefore, Ringkjoebing Landbobank AS's Price to Graham Number ratio for today is 1.61.

The historical rank and industry rank for Ringkjoebing Landbobank AS's Graham Number or its related term are showing as below:

CHIX:RILBAc' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.97   Med: 1.26   Max: 1.72
Current: 1.57

During the past 13 years, the highest Price to Graham Number ratio of Ringkjoebing Landbobank AS was 1.72. The lowest was 0.97. And the median was 1.26.

CHIX:RILBAc's Price-to-Graham-Number is ranked worse than
92.76% of 1478 companies
in the Banks industry
Industry Median: 0.72 vs CHIX:RILBAc: 1.57

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


Ringkjoebing Landbobank AS Graham Number Historical Data

The historical data trend for Ringkjoebing Landbobank AS'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.

Ringkjoebing Landbobank AS Graham Number Chart

Ringkjoebing Landbobank AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 417.07 510.04 599.54 787.75 883.24

Ringkjoebing Landbobank AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 826.67 850.32 877.50 883.25 890.45

Competitive Comparison of Ringkjoebing Landbobank AS's Graham Number

For the Banks - Regional subindustry, Ringkjoebing Landbobank AS'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.


Ringkjoebing Landbobank AS's Price-to-Graham-Number Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ringkjoebing Landbobank AS's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Ringkjoebing Landbobank AS's Price-to-Graham-Number falls into.


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Ringkjoebing Landbobank AS Graham Number Calculation

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

Ringkjoebing Landbobank AS's Graham Number for the fiscal year that ended in Dec. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*394.16*87.964)
=883.24

Ringkjoebing Landbobank AS's Graham Number for the quarter that ended in Mar. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*398.128*88.515)
=890.45

* 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.


Ringkjoebing Landbobank AS  (CHIX:RILBAc) 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.

Ringkjoebing Landbobank AS's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2025 )
=1430.00/890.45
=1.61

* 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.


Ringkjoebing Landbobank AS Graham Number Related Terms

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Ringkjoebing Landbobank AS Business Description

Traded in Other Exchanges
Address
Torvet 1, Ringkobing, DNK, 6950
Ringkjoebing Landbobank AS is a bank that carries out its operating activities in Denmark. A majority of the bank's core income is net interest income. Maximum of the bank's net fees, commissions, and foreign exchange income are derived from asset management, followed by guarantee commissions, securities trading, and custody accounts. The bank's capital objective is to maintain capitalization for future growth while covering any fluctuation of the risks it assumes. The bank's credit is diversified to the energy business, as well as financial services, real property, and agriculture. The services offered are Online banking, Mobile banking, MasterCard, MobilePay, Currency calculator, Block card, MitID etc.

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