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Rishabh Instruments (NSE:RISHABH) Graham Number : ₹N/A (As of Dec. 2024)


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What is Rishabh Instruments 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 (2025-03-24), the stock price of Rishabh Instruments is ₹228.45. Rishabh Instruments's graham number for the quarter that ended in Dec. 2024 was ₹N/A. Therefore, Rishabh Instruments's Price to Graham Number ratio for today is N/A.

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

NSE:RISHABH' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.66   Med: 2.45   Max: 3.23
Current: 1.87

During the past 4 years, the highest Price to Graham Number ratio of Rishabh Instruments was 3.23. The lowest was 1.66. And the median was 2.45.

NSE:RISHABH's Price-to-Graham-Number is ranked worse than
57.59% of 1580 companies
in the Hardware industry
Industry Median: 1.55 vs NSE:RISHABH: 1.87

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


Rishabh Instruments Graham Number Historical Data

The historical data trend for Rishabh Instruments'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.

Rishabh Instruments Graham Number Chart

Rishabh Instruments Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Graham Number
126.12 149.63 162.66 181.65

Rishabh Instruments Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 180.75 - 121.81 -

Competitive Comparison of Rishabh Instruments's Graham Number

For the Scientific & Technical Instruments subindustry, Rishabh Instruments'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.


Rishabh Instruments's Price-to-Graham-Number Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rishabh Instruments's Price-to-Graham-Number distribution charts can be found below:

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



Rishabh Instruments Graham Number Calculation

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

Rishabh Instruments'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*138.363*10.599)
=181.65

Rishabh Instruments's Graham Number for the quarter that ended in Dec. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0*4.71)
=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.


Rishabh Instruments  (NSE:RISHABH) 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.

Rishabh Instruments's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2024 )
=228.45/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.


Rishabh Instruments Graham Number Related Terms

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


Rishabh Instruments Business Description

Traded in Other Exchanges
Address
F-31, MIDC, Satpur, Nagpur, MH, IND, 422007
Rishabh Instruments Ltd is engaged in manufacturing, design and development of Test and Measuring Instruments and Industrial Control Products on fundamentals; in terms of people, infrastructure and financials. The company has five segments which are electrical automation devices, metering, control, and protection devices, portable test and measuring instruments, solar string inverters, and aluminium HPDC products. The majority of its revenue generated from metering, control, and protection devices.

Rishabh Instruments Headlines

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