DP World (DFM:DPW) Graham Number: د.إ13.61 (As of Dec. 2019) — 94% Below Median


What is DP World Graham Number?

DP World DFM:DPW Graham Number is د.إ13.61 as of Dec. 2019, which is 100% below its 10-year median of 2.27. The stock has 9 warning signs investors should review.

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 (2026-07-08), the stock price of DP World is د.إ0.00. DP World's graham number for the quarter that ended in Dec. 2019 was د.إ13.61. Therefore, DP World's Price to Graham Number ratio for today is 0.00.

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

During the past 13 years, the highest Price to Graham Number ratio of DP World was 3.40. The lowest was 1.26. And the median was 2.27.

DFM:DPW's Price-to-Graham-Number is not ranked *
in the Transportation industry.
Industry Median: 1.01
* 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.


DP World  (DFM:DPW) 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.

DP World's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2019 )
=0.00/13.61
=0.00

* 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.


DP World Graham Number Related Terms


DP World Graham Number Historical Data

* Premium members only.

The historical data trend for DP World'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.

DP World Graham Number Chart

DP World Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.13 25.42 38.73 35.70 13.56

DP World Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 38.73 37.88 35.70 27.39 13.61

DFM:DPW vs KEX: Graham Number Comparison

For the Marine Shipping subindustry, DP World'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.


DP World Price-to-Graham-Number vs Transportation Industry

For the Transportation industry and Industrials sector, DP World's Price-to-Graham-Number distribution charts can be found below:

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



DP World Graham Number Calculation

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

DP World's Graham Number for the fiscal year that ended in Dec. 2019 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.605*5.09)
=13.56

DP World's Graham Number for the quarter that ended in Dec. 2019 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.618*5.091)
=13.61

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of د.إ13.61 mean?
DP World (DFM:DPW) has a Graham Number of د.إ13.61 as of Dec. 2019. The Graham Number values a company based on its per-share earnings and book value. View historical data on DP World and its competitors. This is 94% below median its historical median of 2.27. Over the past decade, DP World's Graham Number has ranged from 1.26 to 3.40.
Is DP World's Graham Number too high?
DP World's current Graham Number of د.إ13.61 is 94% below median its 10-year median of 2.27. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 3.40.
How does DP World's Graham Number compare to KEX?
DP World's Graham Number of د.إ13.61 can be compared against companies in the Transportation industry. The industry median Graham Number is 1.01. Historically, DP World's own Graham Number has ranged from 1.26 to 3.40 over the past decade. 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 Transportation company?
The median Graham Number among Transportation companies is 1.01, based on 741 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 DP World and its competitors. For the Transportation industry, the median Graham Number is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DP World's current Graham Number is د.إ13.61, which is 94% below median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DP World stock overvalued right now?
DP World (DFM:DPW) has a current Graham Number of د.إ13.61. The current Graham Number is د.إ13.61, which is 94% below median its 10-year median of 2.27. 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 DP World (DFM:DPW), the current Graham Number is د.إ13.61 as of Dec. 2019. 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.

DP World Business Description

Address Office 27, Level 3, Gate Village Building 4, PO Box 17000, Dubai International Financial Centre, Dubai, ARE
DP World PLC is a transportation and logistics company, domiciled in the United Arab Emirates. The company develops and manages international marine and inland terminal facilities, operates industrial parks and economic zones, and provides logistics services. DP World organises itself into three geographical segments: Asia-Pacific and the Indian subcontinent; Australia and Americas; and the Middle East, Europe, and Africa. The company derives the vast majority of revenue from the Middle East, Europe, and Africa.