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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.
ISX:APIC'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.45 Med: 4.37 Max: 7.33
Current: 2.77
During the past 13 years, the highest Price to Graham Number ratio of PT Pacific Strategic Financial Tbk was 7.33. The lowest was 1.45. And the median was 4.37.
ISX:APIC's Price-to-Graham-Number is ranked worse than 91.29% of 425
companies
in the Insurance industry
Industry Median: 0.92
vs ISX:APIC: 2.77
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
PT Pacific Strategic Financial Tbk (ISX:APIC) 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.
PT Pacific Strategic Financial Tbk's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
660.00
/
238.18
=
2.77
* 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.
PT Pacific Strategic Financial Tbk Graham Number Related Terms
PT Pacific Strategic Financial Tbk 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.
PT Pacific Strategic Financial Tbk Graham Number Chart
ISX:APIC vs AFL, MET, PRU: Graham Number Comparison
For the Insurance - Life subindustry, PT Pacific Strategic Financial Tbk'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.
PT Pacific Strategic Financial Tbk Price-to-Graham-Number vs Insurance Industry
For the Insurance industry and Financial Services sector, PT Pacific Strategic Financial Tbk's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where PT Pacific Strategic Financial Tbk's Price-to-Graham-Number falls into.
* 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.
PT Pacific Strategic Financial Tbk (ISX:APIC) has a Graham Number of Rp238.18 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Pacific Strategic Financial Tbk and its competitors. This is 5350% above median its historical median of 4.37. Over the past decade, PT Pacific Strategic Financial Tbk's Graham Number has ranged from 1.45 to 7.33. According to the industry distribution chart, PT Pacific Strategic Financial Tbk ranks #388 out of 425 companies in the Insurance industry, placing it in the top 91.3%.
Is PT Pacific Strategic Financial Tbk's Graham Number too high?
PT Pacific Strategic Financial Tbk's current Graham Number of Rp238.18 is 5350% above median its 10-year median of 4.37. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 7.33. Based on the distribution chart, PT Pacific Strategic Financial Tbk ranks #388 out of 425 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, PT Pacific Strategic Financial Tbk has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Pacific Strategic Financial Tbk's Graham Number compare to AFL and MET?
According to the Insurance industry distribution chart, PT Pacific Strategic Financial Tbk ranks #388 out of 425 companies for Graham Number. This places PT Pacific Strategic Financial Tbk in the lower half of its industry. The industry median Graham Number is 0.92. Historically, PT Pacific Strategic Financial Tbk's own Graham Number has ranged from 1.45 to 7.33 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 an Insurance company?
The median Graham Number among Insurance companies is 0.92, based on 425 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 PT Pacific Strategic Financial Tbk and its competitors. For the Insurance industry, the median Graham Number is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pacific Strategic Financial Tbk's current Graham Number is Rp238.18, which is 5350% above median its own 10-year median of 4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pacific Strategic Financial Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pacific Strategic Financial Tbk (ISX:APIC) is currently considered Possible Value Trap. The stock's GF Value™ is Rp1,067.13, compared to a current price of Rp660.00 — trading 38.2% below its estimated fair value. The current Graham Number is Rp238.18, which is 5350% above median its 10-year median of 4.37. PT Pacific Strategic Financial Tbk's overall GF Score™ is 59/100 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 PT Pacific Strategic Financial Tbk (ISX:APIC), the current Graham Number is Rp238.18 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 PT Pacific Strategic Financial Tbk (ISX:APIC) Overvalued in 2026?
Based on GuruFocus' analysis, PT Pacific Strategic Financial Tbk stock appears to be undervalued.
The current stock price of Rp660.00 is trading 38.2% below its estimated GF Value™ of Rp1,067.13.
GuruFocus considers PT Pacific Strategic Financial Tbk to be Possible Value Trap.
Key valuation signals for ISX:APIC:
Graham Number: Rp238.18 (5350% above median its 10-year median of 4.37)
GF Value™: Rp1,067.13 vs. price of Rp660.00 (38.2% below fair value)
No single metric tells the full story. See the ISX:APIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Pacific Strategic Financial Tbk is an Indonesian company that carries out activities as an investment company and engages in capital investment through its subsidiaries. It runs its business in the field of investment on securities trading, investment managers, and financial management, as well as other financing institutions. The services provided by the company through its subsidiaries include investment management services for mutual funds and other investments; financial management services, as well as venture capital and consumer financing, and conventional and sharia life insurance services.
59GF Score
Get the complete analysis for ISX:APIC
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