ITHA (ITHAX Acquisition III) Graham Number: $N/A (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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.

ITHA ITHAX Acquisition Corp III ITHA
13 GF Score
Price $10.00
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What is ITHAX Acquisition III Graham Number?

ITHAX Acquisition III ITHA +0.20% 13 Graham Number is $N/A as of Mar. 2026. GuruFocus rates ITHA with a GF Score™ of 13/100. Among 290 Diversified Financial Services companies, ITHAX Acquisition III ranks worse than 76.21% 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 (2026-07-26), the stock price of ITHAX Acquisition III is $10.00. ITHAX Acquisition III's graham number for the quarter that ended in Mar. 2026 was $N/A. Therefore, ITHAX Acquisition III's Price to Graham Number ratio for today is 3.22.

The historical rank and industry rank for ITHAX Acquisition III's Graham Number or its related term are showing as below:

ITHA' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.22
Current: 3.22

During the past 1 years, the highest Price to Graham Number ratio of ITHAX Acquisition III was 3.22. The lowest was 0.00. And the median was 0.00.

ITHA's Price-to-Graham-Number is ranked worse than
76.21% of 290 companies
in the Diversified Financial Services industry
Industry Median: 1.825 vs ITHA: 3.22

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


ITHAX Acquisition III  (NAS:ITHA) 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.

ITHAX Acquisition III's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=10.00/3.11
=3.22

* 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.


ITHAX Acquisition III Graham Number Related Terms


ITHAX Acquisition III Graham Number Historical Data

* Premium members only.

The historical data trend for ITHAX Acquisition III'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.

ITHAX Acquisition III Graham Number Chart

ITHAX Acquisition III Annual Data
Trend Dec25
Graham Number
0.00

ITHAX Acquisition III Quarterly Data
Jul25 Dec25 Mar26
Graham Number 0.00 0.00 0.00

ITHA vs TMTS, LWAC, VHCP: Graham Number Comparison

For the Shell Companies subindustry, ITHAX Acquisition III'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.


ITHAX Acquisition III Price-to-Graham-Number vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ITHAX Acquisition III's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where ITHAX Acquisition III's Price-to-Graham-Number falls into.


ITHA
13GF Score
ITHAX Acquisition Corp III ITHA
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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ITHAX Acquisition III Graham Number Calculation

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

ITHAX Acquisition III'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**0)
=N/A

ITHAX Acquisition III'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*7.28*0.059)
=3.11

* 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 $N/A mean?
ITHAX Acquisition III (ITHA) has a Graham Number of $N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on ITHAX Acquisition III and its competitors. According to the industry distribution chart, ITHAX Acquisition III ranks #221 out of 290 companies in the Diversified Financial Services industry, placing it in the top 76.2%.
Is ITHAX Acquisition III's Graham Number too high?
ITHAX Acquisition III's current Graham Number is $N/A. Based on the distribution chart, ITHAX Acquisition III ranks #221 out of 290 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, ITHAX Acquisition III has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does ITHAX Acquisition III's Graham Number compare to TMTS and LWAC?
According to the Diversified Financial Services industry distribution chart, ITHAX Acquisition III ranks #221 out of 290 companies for Graham Number. This places ITHAX Acquisition III in the lower half of its industry. The industry median Graham Number is 1.83. 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 Diversified Financial Services company?
The median Graham Number among Diversified Financial Services companies is 1.83, based on 290 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 ITHAX Acquisition III and its competitors. For the Diversified Financial Services industry, the median Graham Number is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITHAX Acquisition III's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITHAX Acquisition III stock overvalued right now?
ITHAX Acquisition III (ITHA) has a current Graham Number of $N/A. The current Graham Number is $N/A. ITHAX Acquisition III's overall GF Score™ is 13/100. 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 ITHAX Acquisition III (ITHA), the current Graham Number is $N/A 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.

ITHAX Acquisition III Business Description

Address 826 Collins Avenue, Suite 201, Miami, FL, USA, 33139
ITHAX Acquisition Corp III is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
13GF Score

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