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Deccan Transcon Leasing (NSE:DECCANTRAN) Graham Number : ₹24.14 (As of Mar. 2024)


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What is Deccan Transcon Leasing 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 (2024-12-12), the stock price of Deccan Transcon Leasing is ₹60.25. Deccan Transcon Leasing's graham number for the quarter that ended in Mar. 2024 was ₹24.14. Therefore, Deccan Transcon Leasing's Price to Graham Number ratio for today is 2.50.

The historical rank and industry rank for Deccan Transcon Leasing's Graham Number or its related term are showing as below:

NSE:DECCANTRAN' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.56
Current: 2.5

During the past 4 years, the highest Price to Graham Number ratio of Deccan Transcon Leasing was 2.56. The lowest was 0.00. And the median was 0.00.

NSE:DECCANTRAN's Price-to-Graham-Number is ranked worse than
84.5% of 742 companies
in the Transportation industry
Industry Median: 1.015 vs NSE:DECCANTRAN: 2.50

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


Deccan Transcon Leasing Graham Number Historical Data

The historical data trend for Deccan Transcon Leasing'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.

Deccan Transcon Leasing Graham Number Chart

Deccan Transcon Leasing Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Graham Number
9.19 16.42 26.73 40.02

Deccan Transcon Leasing Quarterly Data
Mar21 Mar22 Mar23 Dec23 Mar24
Graham Number - - - - 24.14

Competitive Comparison of Deccan Transcon Leasing's Graham Number

For the Integrated Freight & Logistics subindustry, Deccan Transcon Leasing'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.


Deccan Transcon Leasing's Price-to-Graham-Number Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Deccan Transcon Leasing's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Deccan Transcon Leasing's Price-to-Graham-Number falls into.



Deccan Transcon Leasing Graham Number Calculation

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

Deccan Transcon Leasing's Graham Number for the fiscal year that ended in Mar. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*13.75*5.177)
=40.02

Deccan Transcon Leasing's Graham Number for the quarter that ended in Mar. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*13.75*1.883)
=24.14

* 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.


Deccan Transcon Leasing  (NSE:DECCANTRAN) 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.

Deccan Transcon Leasing's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=60.25/24.14
=2.50

* 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.


Deccan Transcon Leasing Graham Number Related Terms

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


Deccan Transcon Leasing Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Image Garden Road, Suite No 507, 5th floor, Image Capital Park, Madhapur, Shaikpet, Hyderabad, TG, IND, 500081
Deccan Transcon Leasing Ltd is engaged in end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (NVOCC) services. It is mainly engaged in providing tank containers on lease and logistic & supply chain solutions to clients in various sectors and specializes in the transportation of bulk liquids and hazardous chemicals, utilizing tank containers as a mode of transport.

Deccan Transcon Leasing Headlines

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