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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 (2026-09-21), the stock price of PT Murnidar Tbk is Rp925.00. PT Murnidar Tbk's graham number for the quarter that ended in Jun. 2026 was Rp652.23. Therefore, PT Murnidar Tbk's Price to Graham Number ratio for today is 1.42.
The historical rank and industry rank for PT Murnidar Tbk's Graham Number or its related term are showing as below:
ISX:MTMH'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.49 Med: 3.2 Max: 6.96
Current: 1.49
During the past 6 years, the highest Price to Graham Number ratio of PT Murnidar Tbk was 6.96. The lowest was 1.49. And the median was 3.20.
ISX:MTMH's Price-to-Graham-Number is ranked better than 54.11% of 377
companies
in the Healthcare Providers & Services industry
Industry Median: 1.58
vs ISX:MTMH: 1.49
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
PT Murnidar Tbk (ISX:MTMH) 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 Murnidar Tbk's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
925.00
/
652.23
=
1.42
* 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 Murnidar Tbk Graham Number Related Terms
PT Murnidar Tbk Graham Number Historical Data
* Premium members only.
The historical data trend for PT Murnidar 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.
ISX:MTMH vs HCA, THC, EHC: Graham Number Comparison
For the Medical Care Facilities subindustry, PT Murnidar 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 Murnidar Tbk Price-to-Graham-Number vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, PT Murnidar Tbk's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where PT Murnidar 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 Murnidar Tbk (ISX:MTMH) has a Graham Number of Rp652.23 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Murnidar Tbk and its competitors. According to the industry distribution chart, PT Murnidar Tbk ranks #173 out of 377 companies in the Healthcare Providers & Services industry, placing it in the top 45.9%.
Is PT Murnidar Tbk's Graham Number too high?
PT Murnidar Tbk's current Graham Number is Rp652.23. Based on the distribution chart, PT Murnidar Tbk ranks #173 out of 377 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, PT Murnidar Tbk has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Murnidar Tbk's Graham Number compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, PT Murnidar Tbk ranks #173 out of 377 companies for Graham Number. This puts PT Murnidar Tbk in the upper half of its industry. The industry median Graham Number is 1.58. 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 Healthcare Providers & Services company?
The median Graham Number among Healthcare Providers & Services companies is 1.58, based on 377 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 Murnidar Tbk and its competitors. For the Healthcare Providers & Services industry, the median Graham Number is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Murnidar Tbk's current Graham Number is Rp652.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Murnidar Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Murnidar Tbk (ISX:MTMH) is currently considered Possible Value Trap. The stock's GF Value™ is Rp1,512.67, compared to a current price of Rp925.00 — trading 38.8% below its estimated fair value. The current Graham Number is Rp652.23. PT Murnidar Tbk's overall GF Score™ is 66/100 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 Murnidar Tbk (ISX:MTMH), the current Graham Number is Rp652.23 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 Murnidar Tbk (ISX:MTMH) Overvalued in 2026?
Based on GuruFocus' analysis, PT Murnidar Tbk stock appears to be undervalued.
The current stock price of Rp925.00 is trading 38.8% below its estimated GF Value™ of Rp1,512.67.
GuruFocus considers PT Murnidar Tbk to be Possible Value Trap.
Key valuation signals for ISX:MTMH:
Graham Number: Rp652.23
GF Value™: Rp1,512.67 vs. price of Rp925.00 (38.8% below fair value)
No single metric tells the full story. See the ISX:MTMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Murni Sadar Tbk is a health service provider with a focus on oncology and cardiovascular as well as health education centers. The company's operating segments are Memorial Hospital, Susanna Wesley, RSIA Rosiva, Horas Insani, and Lainnya. The company generates the majority of its revenue from Memorial Hospital.
66GF Score
Get the complete analysis for ISX:MTMH
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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