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Oman United Insurance CoOG (MUS:OUIC) Graham Number : ر.ع0.37 (As of Mar. 2023)


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What is Oman United Insurance CoOG 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 (2024-05-17), the stock price of Oman United Insurance CoOG is ر.ع0.246. Oman United Insurance CoOG's graham number for the quarter that ended in Mar. 2023 was ر.ع0.37. Therefore, Oman United Insurance CoOG's Price to Graham Number ratio for today is 0.94.

The historical rank and industry rank for Oman United Insurance CoOG's Graham Number or its related term are showing as below:

MUS:OUIC's Price-to-Graham-Number is not ranked *
in the Insurance industry.
Industry Median: 0.85
* 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.


Oman United Insurance CoOG Graham Number Historical Data

The historical data trend for Oman United Insurance CoOG'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.

Oman United Insurance CoOG Graham Number Chart

Oman United Insurance CoOG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.46 0.47 0.54 0.53

Oman United Insurance CoOG Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 0.56 0.55 0.18 0.43 0.37

Competitive Comparison of Oman United Insurance CoOG's Graham Number

For the Insurance - Reinsurance subindustry, Oman United Insurance CoOG'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.


Oman United Insurance CoOG's Price-to-Graham-Number Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Oman United Insurance CoOG's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Oman United Insurance CoOG's Price-to-Graham-Number falls into.



Oman United Insurance CoOG Graham Number Calculation

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

Oman United Insurance CoOG's Graham Number for the fiscal year that ended in Dec. 2021 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.308*0.04)
=0.53

Oman United Insurance CoOG's Graham Number for the quarter that ended in Mar. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.276*0.011)
=0.26

* 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.


Oman United Insurance CoOG  (MUS:OUIC) 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.

Oman United Insurance CoOG's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2023 )
=0.246/0.26
=0.94

* 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.


Oman United Insurance CoOG Graham Number Related Terms

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Oman United Insurance CoOG (MUS:OUIC) Business Description

Traded in Other Exchanges
N/A
Address
Al Khuwair Street, P.O.Box 1522, Ruwi, Muscat, OMN, 112
Oman United Insurance Co SAOG is an insurance company. It is engaged in the underwriting of general and life and medical insurance business and in the repair and maintenance of motor vehicles. It operates in two segments General insurance and Life insurance. General insurance business includes insurance and re-insurance of motor, fire, general accident, marine cargo, hull, workmen compensation, engineering, and aviation. Life insurance relates to the insuring of the life of an individual, group life and group medical. It operates within the Sultanate of Oman with the highest revenue generated from General insurance segment.

Oman United Insurance CoOG (MUS:OUIC) Headlines

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