Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
The historical rank and industry rank for PT Multipolar Technology Tbk's Graham Number or its related term are showing as below:
ISX:MLPT'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.36 Med: 1.56 Max: 136.05
Current: 34.19
During the past 13 years, the highest Price to Graham Number ratio of PT Multipolar Technology Tbk was 136.05. The lowest was 0.36. And the median was 1.56.
ISX:MLPT's Price-to-Graham-Number is ranked worse than 99.3% of 1422
companies
in the Software industry
Industry Median: 1.86
vs ISX:MLPT: 34.19
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
PT Multipolar Technology Tbk (ISX:MLPT) 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 Multipolar Technology Tbk's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
1615.00
/
47.23
=
34.20
* 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.
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 Multipolar Technology Tbk Graham Number Related Terms
PT Multipolar Technology 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.
ISX:MLPT vs IBM, ACN, FISV: Graham Number Comparison
For the Information Technology Services subindustry, PT Multipolar Technology 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 Multipolar Technology Tbk Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, PT Multipolar Technology Tbk's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where PT Multipolar Technology 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 Multipolar Technology Tbk (ISX:MLPT) has a Graham Number of Rp47.23 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Multipolar Technology Tbk and its competitors. This is 2928% above median its historical median of 1.56. Over the past decade, PT Multipolar Technology Tbk's Graham Number has ranged from 0.36 to 136.05. According to the industry distribution chart, PT Multipolar Technology Tbk ranks #1412 out of 1422 companies in the Software industry, placing it in the top 99.3%.
Is PT Multipolar Technology Tbk's Graham Number too high?
PT Multipolar Technology Tbk's current Graham Number of Rp47.23 is 2928% above median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 136.05. Based on the distribution chart, PT Multipolar Technology Tbk ranks #1412 out of 1422 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, PT Multipolar Technology Tbk has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multipolar Technology Tbk's Graham Number compare to IBM and ACN?
According to the Software industry distribution chart, PT Multipolar Technology Tbk ranks #1412 out of 1422 companies for Graham Number. This places PT Multipolar Technology Tbk in the lower half of its industry. The industry median Graham Number is 1.86. Historically, PT Multipolar Technology Tbk's own Graham Number has ranged from 0.36 to 136.05 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 Software company?
The median Graham Number among Software companies is 1.86, based on 1,422 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 Multipolar Technology Tbk and its competitors. For the Software industry, the median Graham Number is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multipolar Technology Tbk's current Graham Number is Rp47.23, which is 2928% above median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multipolar Technology Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multipolar Technology Tbk (ISX:MLPT) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp803.95, compared to a current price of Rp1,615.00 — trading 100.9% above its estimated fair value. The current Graham Number is Rp47.23, which is 2928% above median its 10-year median of 1.56. PT Multipolar Technology Tbk's overall GF Score™ is 83/100 with 3 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 Multipolar Technology Tbk (ISX:MLPT), the current Graham Number is Rp47.23 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 Multipolar Technology Tbk (ISX:MLPT) Overvalued in 2026?
Based on GuruFocus' analysis, PT Multipolar Technology Tbk stock appears to be overvalued.
The current stock price of Rp1,615.00 is trading 100.9% above its estimated GF Value™ of Rp803.95.
GuruFocus considers PT Multipolar Technology Tbk to be Significantly Overvalued.
Key valuation signals for ISX:MLPT:
Graham Number: Rp47.23 (2928% above median its 10-year median of 1.56)
GF Value™: Rp803.95 vs. price of Rp1,615.00 (100.9% above fair value)
No single metric tells the full story. See the ISX:MLPT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Multipolar Technology Tbk is an Indonesian-based company engaged in consultation, integration, and information technology management. Its business activities include Strategy & Planning, Customer Experience Platforms & Services, Digital Insights, Business Solution Platforms & Services, Hybrid Integration Platforms & Services, Hybrid Infrastructure Platforms & Services, and Security Platforms & Services. The revenue is generated from Technology Services, followed by Hardware & Supporting Devices, IT Outsourcing, Software, and Others.
83GF Score
Get the complete analysis for ISX:MLPT
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:MLPT has been successfully added to your 
