Leo Palace21LEOPF 68 Graham Number is $2.64 as of Mar. 2026, which is 151% above its 10-year median of 1.05. GuruFocus rates LEOPF with a GF Score™ of 68/100 and a GF Value™ of $3.46. The stock has 1 warning sign investors should review. Among 1,169 Real Estate companies, Leo Palace21 ranks worse than 83.32% 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 (2026-07-10), the stock price of Leo Palace21 is $4.18. Leo Palace21's graham number for the quarter that ended in Mar. 2026 was $2.64. Therefore, Leo Palace21's Price to Graham Number ratio for today is 1.58.
The historical rank and industry rank for Leo Palace21's Graham Number or its related term are showing as below:
LEOPF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.57 Med: 1.05 Max: 1.58
Current: 1.58
During the past 13 years, the highest Price to Graham Number ratio of Leo Palace21 was 1.58. The lowest was 0.57. And the median was 1.05.
LEOPF's Price-to-Graham-Number is ranked worse than 83.32% of 1169
companies
in the Real Estate industry
Industry Median: 0.75
vs LEOPF: 1.58
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Leo Palace21 (OTCPK:LEOPF) 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.
Leo Palace21's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
4.18
/
2.64
=
1.58
* 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.
Leo Palace21 Graham Number Related Terms
Leo Palace21 Graham Number Historical Data
* Premium members only.
The historical data trend for Leo Palace21'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.
LEOPF vs CBRE, BEKE, JLL: Graham Number Comparison
For the Real Estate Services subindustry, Leo Palace21'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.
Leo Palace21 Price-to-Graham-Number vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Leo Palace21's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Leo Palace21'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.
Leo Palace21 (LEOPF) has a Graham Number of $2.64 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Leo Palace21 and its competitors. This is 151% above median its historical median of 1.05. Over the past decade, Leo Palace21's Graham Number has ranged from 0.57 to 1.58. According to the industry distribution chart, Leo Palace21 ranks #974 out of 1169 companies in the Real Estate industry, placing it in the top 83.3%.
Is Leo Palace21's Graham Number too high?
Leo Palace21's current Graham Number of $2.64 is 151% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.58. The Real Estate industry median Graham Number is 0.75. Leo Palace21's value of $2.64 is 252% above this industry median. Based on the distribution chart, Leo Palace21 ranks #974 out of 1169 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Leo Palace21 has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Leo Palace21's Graham Number compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Leo Palace21 ranks #974 out of 1169 companies for Graham Number. This places Leo Palace21 in the lower half of its industry. The industry median Graham Number is 0.75. Leo Palace21's value of $2.64 is 252% above this benchmark. Historically, Leo Palace21's own Graham Number has ranged from 0.57 to 1.58 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.75, Leo Palace21 has consistently been above the industry average. 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 Real Estate company?
The median Graham Number among Real Estate companies is 0.75, based on 1,169 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. Leo Palace21's current Graham Number of $2.64 is 252% above the industry median. 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 Leo Palace21 and its competitors. For the Real Estate industry, the median Graham Number is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leo Palace21's current Graham Number is $2.64, which is 151% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leo Palace21 stock overvalued right now?
Leo Palace21 (LEOPF) has a current Graham Number of $2.64. The stock's GF Value™ is $3.46, compared to a current price of $4.18 — trading 20.8% above its estimated fair value. The current Graham Number is $2.64, which is 151% above median its 10-year median of 1.05 and 252% above the Real Estate industry median of 0.75. Leo Palace21's overall GF Score™ is 68/100 with 1 warning sign 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 Leo Palace21 (LEOPF), the current Graham Number is $2.64 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 Leo Palace21 (LEOPF) Overvalued in 2026?
Based on GuruFocus' analysis, Leo Palace21 stock appears to be overvalued.
The current stock price of $4.18 is trading 20.8% above its estimated GF Value™ of $3.46.
Key valuation signals for LEOPF:
Graham Number: $2.64 (151% above median its 10-year median of 1.05)
GF Value™: $3.46 vs. price of $4.18 (20.8% above fair value)
Industry Position: 252% above the Real Estate median (#974 of 1169)
No single metric tells the full story. See the LEOPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.
68GF Score
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