PT Temas Tbk (ISX:TMAS) Graham Number: Rp100.24 (As of Mar. 2026) — 7984% Above Median

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Director of Data and Quant Analytics at GuruFocus
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ISX:TMAS PT Temas Tbk ISX:TMAS
70 GF Score
Price Rp118.00
GF Value Rp145.03
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is PT Temas Tbk Graham Number?

PT Temas Tbk ISX:TMAS -0.84% 70 Graham Number is Rp100.24 as of Mar. 2026, which is 100% below its 10-year median of 1.24. GuruFocus rates ISX:TMAS with a GF Score™ of 70/100 and a GF Value™ of Rp145.03 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 742 Transportation companies, PT Temas Tbk ranks worse than 57.68% 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 (2026-07-16), the stock price of PT Temas Tbk is Rp118.00. PT Temas Tbk's graham number for the quarter that ended in Mar. 2026 was Rp100.24. Therefore, PT Temas Tbk's Price to Graham Number ratio for today is 1.18.

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

ISX:TMAS' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.39   Med: 1.24   Max: 2.78
Current: 1.18

During the past 13 years, the highest Price to Graham Number ratio of PT Temas Tbk was 2.78. The lowest was 0.39. And the median was 1.24.

ISX:TMAS's Price-to-Graham-Number is ranked worse than
57.68% of 742 companies
in the Transportation industry
Industry Median: 1.02 vs ISX:TMAS: 1.18

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


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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=118.00/100.24
=1.18

* 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 Temas Tbk Graham Number Related Terms


PT Temas Tbk Graham Number Historical Data

* Premium members only.

The historical data trend for PT Temas 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 Temas Tbk Graham Number Chart

PT Temas 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 53.24 143.04 116.24 95.77 96.69

PT Temas 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 90.00 86.14 80.58 91.00 100.24

PT Temas Tbk Graham Number Competitor Comparison

For the Marine Shipping subindustry, PT Temas 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 Temas Tbk Price-to-Graham-Number vs Transportation Industry

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

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


ISX:TMAS
70GF Score
PT Temas Tbk ISX:TMAS
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Temas Tbk Graham Number Calculation

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

PT Temas 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*52.954*7.846)
=96.69

PT Temas 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*55.722*8.014)
=100.24

* 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 Rp100.24 mean?
PT Temas Tbk (ISX:TMAS) has a Graham Number of Rp100.24 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Temas Tbk and its competitors. This is 7984% above median its historical median of 1.24. Over the past decade, PT Temas Tbk's Graham Number has ranged from 0.39 to 2.78. According to the industry distribution chart, PT Temas Tbk ranks #428 out of 742 companies in the Transportation industry, placing it in the top 57.7%.
Is PT Temas Tbk's Graham Number too high?
PT Temas Tbk's current Graham Number of Rp100.24 is 7984% above median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 2.78. Based on the distribution chart, PT Temas Tbk ranks #428 out of 742 companies in the Transportation industry, which is below the industry midpoint. Overall, PT Temas Tbk has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Temas Tbk's Graham Number compare to competitors?
According to the Transportation industry distribution chart, PT Temas Tbk ranks #428 out of 742 companies for Graham Number. This places PT Temas Tbk in the lower half of its industry. The industry median Graham Number is 1.02. Historically, PT Temas Tbk's own Graham Number has ranged from 0.39 to 2.78 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 1.02, based on 742 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 Temas Tbk and its competitors. For the Transportation industry, the median Graham Number is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Temas Tbk's current Graham Number is Rp100.24, which is 7984% above median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Temas Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Temas Tbk (ISX:TMAS) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp145.03, compared to a current price of Rp118.00 — trading 18.6% below its estimated fair value. The current Graham Number is Rp100.24, which is 7984% above median its 10-year median of 1.24. PT Temas Tbk's overall GF Score™ is 70/100 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 Temas Tbk (ISX:TMAS), the current Graham Number is Rp100.24 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 Temas Tbk (ISX:TMAS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Temas Tbk stock appears to be undervalued. The current stock price of Rp118.00 is trading 18.6% below its estimated GF Value™ of Rp145.03. GuruFocus considers PT Temas Tbk to be Modestly Undervalued.

Key valuation signals for ISX:TMAS:

  • Graham Number: Rp100.24 (7984% above median its 10-year median of 1.24)
  • GF Value™: Rp145.03 vs. price of Rp118.00 (18.6% below fair value)
  • GF Score™: 70/100 with 2 warning signs

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


PT Temas Tbk Business Description

Address Jalan Yos Sudarso Kav. 33, Sunter Jaya, Tanjung Priok, Kantor Pusat Jakarta, Jakarta, IDN, 14350
PT Temas Tbk operates in the shipping industry. The company is engaged in the transportation business, especially marine transportation services that provide containerized goods delivery. Services offered include managing container transportation and stevedoring services nationwide. The company engages in both domestic and international transportation activities, particularly in transporting passengers, cargoes, and animals by vessels, acts as an agent in the shipping business. In addition, it is involved in the purchase and sale of vessels and related equipment. Its businesses are grouped into two operating segments: Shipping and Stevedoring. The Shipping segment contributes the vast majority of total revenue. Geographically, the company operates Domestically as well as Overseas.
70GF Score

Get the complete analysis for ISX:TMAS

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

Rp118.00
Price
Rp145.03
GF Value