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Leeds Group (LSE:LDSG) Graham Number : £N/A (As of May. 2024)


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What is Leeds Group 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 (2024-12-11), the stock price of Leeds Group is £0.0625. Leeds Group's graham number for the quarter that ended in May. 2024 was £N/A. Therefore, Leeds Group's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Leeds Group's Graham Number or its related term are showing as below:

During the past 13 years, the highest Price to Graham Number ratio of Leeds Group was 0.58. The lowest was 0.47. And the median was 0.54.

LSE:LDSG's Price-to-Graham-Number is not ranked *
in the Real Estate industry.
Industry Median: 0.835
* 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.


Leeds Group Graham Number Historical Data

The historical data trend for Leeds Group'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.

Leeds Group Graham Number Chart

Leeds Group Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Graham Number
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Leeds Group Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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Competitive Comparison of Leeds Group's Graham Number

For the Real Estate Services subindustry, Leeds Group'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.


Leeds Group's Price-to-Graham-Number Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Leeds Group's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Leeds Group's Price-to-Graham-Number falls into.



Leeds Group Graham Number Calculation

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

Leeds Group's Graham Number for the fiscal year that ended in May. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.159*-0.015)
=N/A

Leeds Group's Graham Number for the quarter that ended in May. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.159*-0.015)
=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.


Leeds Group  (LSE:LDSG) 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.

Leeds Group's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: May. 2024 )
=0.0625/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.


Leeds Group Graham Number Related Terms

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


Leeds Group Business Description

Traded in Other Exchanges
N/A
Address
14-18 York Road, Craven House, Wetherby, Leeds, GBR, LS22 6SL
Leeds Group PLC is engaged in property investment. The principal activity of the group is owning and managing a portfolio of investment properties in Germany.

Leeds Group Headlines

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