PT Steadyfe Tbk (ISX:SAFE) Graham Number: Rp313.27 (As of Mar. 2026) — 18220% Above Median

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Founder & CEO of GuruFocus
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.

ISX:SAFE PT Steady Safe Tbk ISX:SAFE
78 GF Score
Price Rp372.00
GF Value Rp181.51
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is PT Steadyfe Tbk Graham Number?

PT Steadyfe Tbk ISX:SAFE +0.54% 78 Graham Number is Rp313.27 as of Mar. 2026, which is 100% below its 10-year median of 1.71. GuruFocus rates ISX:SAFE with a GF Score™ of 78/100 and a GF Value™ of Rp181.51 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 741 Transportation companies, PT Steadyfe Tbk ranks worse than 58.16% 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 (2026-07-31), the stock price of PT Steadyfe Tbk is Rp372.00. PT Steadyfe Tbk's graham number for the quarter that ended in Mar. 2026 was Rp313.27. Therefore, PT Steadyfe Tbk's Price to Graham Number ratio for today is 1.19.

The historical rank and industry rank for PT Steadyfe Tbk's Graham Number or its related term are showing as below:

ISX:SAFE' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.18   Med: 1.71   Max: 6.37
Current: 1.19

During the past 13 years, the highest Price to Graham Number ratio of PT Steadyfe Tbk was 6.37. The lowest was 1.18. And the median was 1.71.

ISX:SAFE's Price-to-Graham-Number is ranked worse than
58.16% of 741 companies
in the Transportation industry
Industry Median: 1.03 vs ISX:SAFE: 1.19

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


PT Steadyfe Tbk  (ISX:SAFE) 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 Steadyfe Tbk's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=372.00/313.27
=1.19

* 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 Steadyfe Tbk Graham Number Related Terms


PT Steadyfe Tbk Graham Number Historical Data

* Premium members only.

The historical data trend for PT Steadyfe 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.

PT Steadyfe Tbk Graham Number Chart

PT Steadyfe Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 334.42

PT Steadyfe Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 34.54 118.94 145.83 324.96 313.27

ISX:SAFE vs UNP, CSX, NSC: Graham Number Comparison

For the Railroads subindustry, PT Steadyfe 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 Steadyfe Tbk Price-to-Graham-Number vs Transportation Industry

For the Transportation industry and Industrials sector, PT Steadyfe Tbk's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where PT Steadyfe Tbk's Price-to-Graham-Number falls into.


ISX:SAFE
78GF Score
PT Steady Safe Tbk ISX:SAFE
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Steadyfe Tbk Graham Number Calculation

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

PT Steadyfe Tbk's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*77.399*64.221)
=334.42

PT Steadyfe Tbk's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*84.351*51.709)
=313.27

* 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 Rp313.27 mean?
PT Steadyfe Tbk (ISX:SAFE) has a Graham Number of Rp313.27 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Steadyfe Tbk and its competitors. This is 18220% above median its historical median of 1.71. Over the past decade, PT Steadyfe Tbk's Graham Number has ranged from 1.18 to 6.37. According to the industry distribution chart, PT Steadyfe Tbk ranks #431 out of 741 companies in the Transportation industry, placing it in the top 58.2%.
Is PT Steadyfe Tbk's Graham Number too high?
PT Steadyfe Tbk's current Graham Number of Rp313.27 is 18220% above median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 6.37. Based on the distribution chart, PT Steadyfe Tbk ranks #431 out of 741 companies in the Transportation industry, which is below the industry midpoint. Overall, PT Steadyfe Tbk has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Steadyfe Tbk's Graham Number compare to UNP and CSX?
According to the Transportation industry distribution chart, PT Steadyfe Tbk ranks #431 out of 741 companies for Graham Number. This places PT Steadyfe Tbk in the lower half of its industry. The industry median Graham Number is 1.03. Historically, PT Steadyfe Tbk's own Graham Number has ranged from 1.18 to 6.37 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 Transportation company?
The median Graham Number among Transportation companies is 1.03, based on 741 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 Steadyfe Tbk and its competitors. For the Transportation industry, the median Graham Number is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Steadyfe Tbk's current Graham Number is Rp313.27, which is 18220% above median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Steadyfe Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Steadyfe Tbk (ISX:SAFE) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp181.51, compared to a current price of Rp372.00 — trading 104.9% above its estimated fair value. The current Graham Number is Rp313.27, which is 18220% above median its 10-year median of 1.71. PT Steadyfe Tbk's overall GF Score™ is 78/100 with 5 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 Steadyfe Tbk (ISX:SAFE), the current Graham Number is Rp313.27 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 Steadyfe Tbk (ISX:SAFE) Overvalued in 2026?

Based on GuruFocus' analysis, PT Steadyfe Tbk stock appears to be overvalued. The current stock price of Rp372.00 is trading 104.9% above its estimated GF Value™ of Rp181.51. GuruFocus considers PT Steadyfe Tbk to be Significantly Overvalued.

Key valuation signals for ISX:SAFE:

  • Graham Number: Rp313.27 (18220% above median its 10-year median of 1.71)
  • GF Value™: Rp181.51 vs. price of Rp372.00 (104.9% above fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the ISX:SAFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Steadyfe Tbk Business Description

Address Jl RP Soeroso No 24 Kel. Cikini, Gedung Istana Kana Lt 2, Menteng, Pusat Jakarta, Jakarta, IDN, 10330
PT Steady Safe Tbk is engaged in the field of transportation services, especially as Bus transport operator in Jakarta. The company and its subsidiaries classify their business activities in two main business segments, namely land transportation and financial services. It derives the majority of the revenue from land transportation segment.
78GF Score

Get the complete analysis for ISX:SAFE

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp372.00
Price
Rp181.51
GF Value