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What is Australian Premium Solar (India) Graham Number?
Australian Premium Solar (India)NSE:APS -1.58%18 Graham Number is ₹142.90 as of Mar. 2025, which is 100% below its 10-year median of 4.06. GuruFocus rates NSE:APS with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 664 Semiconductors companies, Australian Premium Solar (India) ranks better than 71.84% 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.
The historical rank and industry rank for Australian Premium Solar (India)'s Graham Number or its related term are showing as below:
NSE:APS'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.64 Med: 4.06 Max: 5.51
Current: 1.64
During the past 5 years, the highest Price to Graham Number ratio of Australian Premium Solar (India) was 5.51. The lowest was 1.64. And the median was 4.06.
NSE:APS's Price-to-Graham-Number is ranked better than 71.84% of 664
companies
in the Semiconductors industry
Industry Median: 2.91
vs NSE:APS: 1.64
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Australian Premium Solar (India) (NSE:APS) 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.
Australian Premium Solar (India)'s Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2025 )
=
233.75
/
142.90
=
1.64
* 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.
Australian Premium Solar (India) Graham Number Related Terms
Australian Premium Solar (India) Graham Number Historical Data
* 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.
Australian Premium Solar (India) Graham Number Chart
Australian Premium Solar (India) Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Graham Number
9.37
13.17
17.44
39.85
142.90
Australian Premium Solar (India) Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Graham Number
0.00
13.17
17.44
39.85
142.90
NSE:APS vs FSLR, NXT, ENPH: Graham Number Comparison
For the Solar subindustry, Australian Premium Solar (India)'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.
Australian Premium Solar (India) Price-to-Graham-Number vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Australian Premium Solar (India)'s Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Australian Premium Solar (India)'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.
Australian Premium Solar (India) (NSE:APS) has a Graham Number of ₹142.90 as of Mar. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Australian Premium Solar (India) and its competitors. This is 3420% above median its historical median of 4.06. Over the past decade, Australian Premium Solar (India)'s Graham Number has ranged from 1.64 to 5.51. According to the industry distribution chart, Australian Premium Solar (India) ranks #187 out of 664 companies in the Semiconductors industry, placing it in the top 28.2%.
Is Australian Premium Solar (India)'s Graham Number too high?
Australian Premium Solar (India)'s current Graham Number of ₹142.90 is 3420% above median its 10-year median of 4.06. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 5.51. Based on the distribution chart, Australian Premium Solar (India) ranks #187 out of 664 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Australian Premium Solar (India) has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Australian Premium Solar (India)'s Graham Number compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Australian Premium Solar (India) ranks #187 out of 664 companies for Graham Number. This puts Australian Premium Solar (India) in the upper half of its industry. The industry median Graham Number is 2.91. Historically, Australian Premium Solar (India)'s own Graham Number has ranged from 1.64 to 5.51 over the past decade. 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 Semiconductors company?
The median Graham Number among Semiconductors companies is 2.91, based on 664 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 Australian Premium Solar (India) and its competitors. For the Semiconductors industry, the median Graham Number is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Premium Solar (India)'s current Graham Number is ₹142.90, which is 3420% above median its own 10-year median of 4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Premium Solar (India) stock overvalued right now?
Australian Premium Solar (India) (NSE:APS) has a current Graham Number of ₹142.90. The current Graham Number is ₹142.90, which is 3420% above median its 10-year median of 4.06. Australian Premium Solar (India)'s overall GF Score™ is 18/100 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 Australian Premium Solar (India) (NSE:APS), the current Graham Number is ₹142.90 as of Mar. 2025. 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.
Australian Premium Solar (India) Ltd is engaged in the manufacturing of solar panels and EPC services for solar systems. It manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) N-Type TopCon. It also provides installation services for solar panels and solar pumps. The majority of the revenue is generated from the manufacturing of solar panels.
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