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Global Ports Holding (LSE:GPH) Graham Number : £N/A (As of Sep. 2023)


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What is Global Ports Holding Graham Number?

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 (2024-05-22), the stock price of Global Ports Holding is £2.10. Global Ports Holding's graham number for the quarter that ended in Sep. 2023 was £N/A. Therefore, Global Ports Holding's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Global Ports Holding's Graham Number or its related term are showing as below:

LSE:GPH's Price-to-Graham-Number is not ranked *
in the Transportation industry.
Industry Median: 0.98
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Global Ports Holding Graham Number Historical Data

The historical data trend for Global Ports Holding'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.

* Premium members only.

Global Ports Holding Graham Number Chart

Global Ports Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23
Graham Number
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Global Ports Holding Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Global Ports Holding's Graham Number

For the Marine Shipping subindustry, Global Ports Holding'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.


Global Ports Holding's Price-to-Graham-Number Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Global Ports Holding's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Global Ports Holding's Price-to-Graham-Number falls into.



Global Ports Holding Graham Number Calculation

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

Global Ports Holding's Graham Number for the fiscal year that ended in Mar. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-7.72*-0.213)
=N/A

Global Ports Holding's Graham Number for the quarter that ended in Sep. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-7.584*-0.254)
=N/A

* 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.


Global Ports Holding  (LSE:GPH) 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.

Global Ports Holding's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2023 )
=2.10/N/A
=N/A

* 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.


Global Ports Holding Graham Number Related Terms

Thank you for viewing the detailed overview of Global Ports Holding's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Ports Holding (LSE:GPH) Business Description

Traded in Other Exchanges
Address
Buyukdere Cad Number 193, Levent 193 Plaza, Istanbul, TUR, 34394
Global Ports Holding PLC is an independent cruise port operator. The company serves the needs of the world's cruise lines, ferries, and mega yachts. The company's portfolio includes assets that range from major cruise hubs such as Barcelona and Venice to high-traffic core ports such as Valletta and Cagliari and Singapore cruise ports. It operates two growing commercial ports in Turkey and Montenegro. The group's reportable segments are Western Mediterranean & Atlantic region, Central Mediterranean region, Americas Region and Eastern Mediterranean and Adriatic region, Other operations.

Global Ports Holding (LSE:GPH) Headlines

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