DNP (DNP Selectome Fund) Graham Number: $20.82 (As of Apr. 2026)

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DNP DNP Select Income Fund Inc DNP
33 GF Score
Price $10.91
! 7 Warning Signs
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What is DNP Selectome Fund Graham Number?

DNP Selectome Fund DNP +0.28% 33 Graham Number is $20.82 as of Apr. 2026. GuruFocus rates DNP with a GF Score™ of 33/100. The stock has 7 warning signs investors should review. Among 1,171 Asset Management companies, DNP Selectome Fund ranks better than 71.56% 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 (2026-08-25), the stock price of DNP Selectome Fund is $10.91. DNP Selectome Fund's graham number for the quarter that ended in Apr. 2026 was $20.82. Therefore, DNP Selectome Fund's Price to Graham Number ratio for today is 0.52.

The historical rank and industry rank for DNP Selectome Fund's Graham Number or its related term are showing as below:

DNP' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.44   Med: 0.56   Max: 0.8
Current: 0.52

During the past 9 years, the highest Price to Graham Number ratio of DNP Selectome Fund was 0.80. The lowest was 0.44. And the median was 0.56.

DNP's Price-to-Graham-Number is ranked better than
71.56% of 1171 companies
in the Asset Management industry
Industry Median: 0.69 vs DNP: 0.52

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


DNP Selectome Fund  (NYSE:DNP) 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.

DNP Selectome Fund's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Apr. 2026 )
=10.91/20.82
=0.52

* 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.


DNP Selectome Fund Graham Number Related Terms


DNP Selectome Fund Graham Number Historical Data

* Premium members only.

The historical data trend for DNP Selectome Fund'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.

DNP Selectome Fund Graham Number Chart

DNP Selectome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Graham Number
Get a 7-Day Free Trial Premium Member Only 18.32 0.00 0.00 21.55 15.59

DNP Selectome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.00 21.53 21.99 15.59 20.82

DNP vs CNS, FHI, OTF: Graham Number Comparison

For the Asset Management subindustry, DNP Selectome Fund'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.


DNP Selectome Fund Price-to-Graham-Number vs Asset Management Industry

For the Asset Management industry and Financial Services sector, DNP Selectome Fund's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where DNP Selectome Fund's Price-to-Graham-Number falls into.


DNP
33GF Score
DNP Select Income Fund Inc DNP
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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DNP Selectome Fund Graham Number Calculation

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

DNP Selectome Fund's Graham Number for the fiscal year that ended in Oct. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*9.307*1.16)
=15.59

DNP Selectome Fund's Graham Number for the quarter that ended in Apr. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*10.356*1.86)
=20.82

* 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 $20.82 mean?
DNP Selectome Fund (DNP) has a Graham Number of $20.82 as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on DNP Selectome Fund and its competitors. According to the industry distribution chart, DNP Selectome Fund ranks #333 out of 1171 companies in the Asset Management industry, placing it in the top 28.4%.
Is DNP Selectome Fund's Graham Number too high?
DNP Selectome Fund's current Graham Number is $20.82. The Asset Management industry median Graham Number is 0.69. DNP Selectome Fund's value of $20.82 is 2917.4% above this industry median. Based on the distribution chart, DNP Selectome Fund ranks #333 out of 1171 companies in the Asset Management industry, which is above the industry midpoint. Overall, DNP Selectome Fund has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does DNP Selectome Fund's Graham Number compare to CNS and FHI?
According to the Asset Management industry distribution chart, DNP Selectome Fund ranks #333 out of 1171 companies for Graham Number. This puts DNP Selectome Fund in the upper half of its industry. The industry median Graham Number is 0.69. DNP Selectome Fund's value of $20.82 is 2917.4% above this benchmark. 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 an Asset Management company?
The median Graham Number among Asset Management companies is 0.69, based on 1,171 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. DNP Selectome Fund's current Graham Number of $20.82 is 2917.4% above 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 DNP Selectome Fund and its competitors. For the Asset Management industry, the median Graham Number is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DNP Selectome Fund's current Graham Number is $20.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNP Selectome Fund stock overvalued right now?
DNP Selectome Fund (DNP) has a current Graham Number of $20.82. The current Graham Number is $20.82 and 2917.4% above the Asset Management industry median of 0.69. DNP Selectome Fund's overall GF Score™ is 33/100 with 7 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 DNP Selectome Fund (DNP), the current Graham Number is $20.82 as of Apr. 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.

DNP Selectome Fund Business Description

Address 10 South Wacker Drive, Suite 1900, 19th Floor, Chicago, IL, USA, 60606
DNP Select Income Fund Inc is a closed-ended investment management fund. Its investment objectives are current income and long-term growth of income, with capital appreciation as a secondary objective. The Fund seeks to achieve its investment objectives by investing mainly in a diversified portfolio of equity and fixed-income securities of companies in the public utilities industry. Under normal market conditions, more than 65% of the Fund's total assets are invested in securities of public utility companies engaged in the production, transmission, or distribution of electric energy, gas, or telephone services.
33GF Score

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$10.91
Price