DLPTF (Liaoning Port Co) Graham Number: $0.20 (As of Mar. 2026) — 84% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

DLPTF Liaoning Port Co Ltd DLPTF
51 GF Score
Price $0.11
GF Value $0.10
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Liaoning Port Co Graham Number?

Liaoning Port Co DLPTF 51 Graham Number is $0.20 as of Mar. 2026, which is 84% below its 10-year median of 1.25. GuruFocus rates DLPTF with a GF Score™ of 51/100 and a GF Value™ of $0.10 (Fairly Valued). The stock has 5 warning signs investors should review. Among 740 Transportation companies, Liaoning Port Co ranks worse than 52.7% 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 (2026-08-02), the stock price of Liaoning Port Co is $0.11. Liaoning Port Co's graham number for the quarter that ended in Mar. 2026 was $0.20. Therefore, Liaoning Port Co's Price to Graham Number ratio for today is 0.56.

The historical rank and industry rank for Liaoning Port Co's Graham Number or its related term are showing as below:

DLPTF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.8   Med: 1.25   Max: 2.94
Current: 1

During the past 13 years, the highest Price to Graham Number ratio of Liaoning Port Co was 2.94. The lowest was 0.80. And the median was 1.25.

DLPTF's Price-to-Graham-Number is ranked worse than
52.7% of 740 companies
in the Transportation industry
Industry Median: 1.025 vs DLPTF: 1.00

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


Liaoning Port Co  (OTCPK:DLPTF) 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.

Liaoning Port Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.11/0.20
=0.56

* 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.


Liaoning Port Co Graham Number Related Terms


Liaoning Port Co Graham Number Historical Data

* Premium members only.

The historical data trend for Liaoning Port Co'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.

Liaoning Port Co Graham Number Chart

Liaoning Port Co 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 0.28 0.23 0.19 0.18 0.15

Liaoning Port Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.11 0.18 0.17 0.17 0.20

Liaoning Port Co Graham Number Competitor Comparison

For the Marine Shipping subindustry, Liaoning Port Co'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.


Liaoning Port Co Price-to-Graham-Number vs Transportation Industry

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

* The bar in red indicates where Liaoning Port Co's Price-to-Graham-Number falls into.


DLPTF
51GF Score
Liaoning Port Co Ltd DLPTF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Liaoning Port Co Graham Number Calculation

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

Liaoning Port Co'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*0.192*0.005)
=0.15

Liaoning Port Co's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.213*0.008)
=0.20

* 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 $0.20 mean?
Liaoning Port Co (DLPTF) has a Graham Number of $0.20 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Liaoning Port Co and its competitors. This is 84% below median its historical median of 1.25. Over the past decade, Liaoning Port Co's Graham Number has ranged from 0.80 to 2.94. According to the industry distribution chart, Liaoning Port Co ranks #390 out of 740 companies in the Transportation industry, placing it in the top 52.7%.
Is Liaoning Port Co's Graham Number too high?
Liaoning Port Co's current Graham Number of $0.20 is 84% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.94. The Transportation industry median Graham Number is 1.03. Liaoning Port Co's value of $0.20 is 80.5% below this industry median. Based on the distribution chart, Liaoning Port Co ranks #390 out of 740 companies in the Transportation industry, which is below the industry midpoint. Overall, Liaoning Port Co has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Liaoning Port Co's Graham Number compare to competitors?
According to the Transportation industry distribution chart, Liaoning Port Co ranks #390 out of 740 companies for Graham Number. This places Liaoning Port Co in the lower half of its industry. The industry median Graham Number is 1.03. Liaoning Port Co's value of $0.20 is 80.5% below this benchmark. Historically, Liaoning Port Co's own Graham Number has ranged from 0.80 to 2.94 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.03, Liaoning Port Co has consistently been below the industry average. 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 1.03, based on 740 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. Liaoning Port Co's current Graham Number of $0.20 is 80.5% below the industry median. 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 Liaoning Port Co and its competitors. For the Transportation industry, the median Graham Number is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liaoning Port Co's current Graham Number is $0.20, which is 84% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liaoning Port Co stock overvalued right now?
Based on GuruFocus' analysis, Liaoning Port Co (DLPTF) is currently considered Fairly Valued. The stock's GF Value™ is $0.10, compared to a current price of $0.11 — trading 10% above its estimated fair value. The current Graham Number is $0.20, which is 84% below median its 10-year median of 1.25 and 80.5% below the Transportation industry median of 1.03. Liaoning Port Co's overall GF Score™ is 51/100 with 5 warning signs 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 Liaoning Port Co (DLPTF), the current Graham Number is $0.20 as of Mar. 2026. 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.

Is Liaoning Port Co (DLPTF) Overvalued in 2026?

Based on GuruFocus' analysis, Liaoning Port Co stock appears to be overvalued. The current stock price of $0.11 is trading 10% above its estimated GF Value™ of $0.10. GuruFocus considers Liaoning Port Co to be Fairly Valued.

Key valuation signals for DLPTF:

  • Graham Number: $0.20 (84% below median its 10-year median of 1.25)
  • GF Value™: $0.10 vs. price of $0.11 (10% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 80.5% below the Transportation median (#390 of 740)

No single metric tells the full story. See the DLPTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Liaoning Port Co Business Description

Address Xingang Commercial Building, Dalian Free Trade Zone, Dayao Bay, Liaoning Province, Dalian, CHN, 116600
Liaoning Port Co Ltd is a China-based company providing port and logistics services. It operates in seven segments: Oil/liquefied chemicals terminal and related logistics services; Container terminal and related logistics services; Bulk and general cargo terminal and related logistics services; Bulk grain terminal and related logistics services; Passenger and roll-on, roll-off terminal and related logistics services; Port value-added and ancillary services; and Automobile terminal and related logistics services. The company derives maximum revenue from Container terminal and related logistics services segment.
51GF Score

Get the complete analysis for DLPTF

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

$0.11
Price
$0.10
GF Value