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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 (2026-09-02), the stock price of PT Arthavest Tbk is Rp2230.00. PT Arthavest Tbk's graham number for the quarter that ended in Jun. 2026 was RpN/A. Therefore, PT Arthavest Tbk's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for PT Arthavest Tbk's Graham Number or its related term are showing as below:
During the past 9 years, the highest Price to Graham Number ratio of PT Arthavest Tbk was 30.82. The lowest was 0.54. And the median was 4.78.
ISX:ARTA's Price-to-Graham-Number is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.22 * 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.
PT Arthavest Tbk (ISX:ARTA) 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 Arthavest Tbk's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
2230.00
/
N/A
=
N/A
* 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 Arthavest Tbk Graham Number Related Terms
PT Arthavest Tbk Graham Number Historical Data
* Premium members only.
The historical data trend for PT Arthavest Tbk'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.
For the Lodging subindustry, PT Arthavest 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 Arthavest Tbk Price-to-Graham-Number vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, PT Arthavest Tbk's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where PT Arthavest 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 Arthavest Tbk (ISX:ARTA) has a Graham Number of RpN/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Arthavest Tbk and its competitors. According to the industry distribution chart, PT Arthavest Tbk ranks #999999 out of 502 companies in the Travel & Leisure industry.
Is PT Arthavest Tbk's Graham Number too high?
PT Arthavest Tbk's current Graham Number is RpN/A. Based on the distribution chart, PT Arthavest Tbk ranks #999999 out of 502 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, PT Arthavest Tbk has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Arthavest Tbk's Graham Number compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, PT Arthavest Tbk ranks #999999 out of 502 companies for Graham Number. This places PT Arthavest Tbk in the lower half of its industry. The industry median Graham Number is 1.22. 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 Travel & Leisure company?
The median Graham Number among Travel & Leisure companies is 1.22, based on 502 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 Arthavest Tbk and its competitors. For the Travel & Leisure industry, the median Graham Number is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Arthavest Tbk's current Graham Number is RpN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Arthavest Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Arthavest Tbk (ISX:ARTA) is currently considered Fairly Valued. The stock's GF Value™ is Rp2,344.19, compared to a current price of Rp2,230.00 — trading 4.9% below its estimated fair value. The current Graham Number is RpN/A. PT Arthavest Tbk's overall GF Score™ is 71/100 with 2 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 Arthavest Tbk (ISX:ARTA), the current Graham Number is RpN/A as of Jun. 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 Arthavest Tbk (ISX:ARTA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Arthavest Tbk stock appears to be undervalued.
The current stock price of Rp2,230.00 is trading 4.9% below its estimated GF Value™ of Rp2,344.19.
GuruFocus considers PT Arthavest Tbk to be Fairly Valued.
Key valuation signals for ISX:ARTA:
Graham Number: RpN/A
GF Value™: Rp2,344.19 vs. price of Rp2,230.00 (4.9% below fair value)
No single metric tells the full story. See the ISX:ARTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Arthavest Tbk engages in investment activities. Through its subsidiary, the company is majorly involved in the hotel and convention center operations and management of the REDTOP Hotel. The hotel offers facilities such as Superior Rooms, Suite Rooms, a Bar and Restaurant, a Swimming pool, Internet connectivity, and a sports center. The company is also involved in the provision of services in the fields of information technology and payment systems. It operates in business segments: Room; Food and beverage; Fitness and spa Laundry; and Others, of which it derives primary revenue from providing Room segment.
71GF Score
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