What is Thinking Hats Entertainment Solutions 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.
NSE:THESL'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.36
Current: 1.36
During the past 3 years, the highest Price to Graham Number ratio of Thinking Hats Entertainment Solutions was 1.36. The lowest was 0.00. And the median was 0.00.
NSE:THESL's Price-to-Graham-Number is ranked worse than 51.13% of 485
companies
in the Media - Diversified industry
Industry Median: 1.32
vs NSE:THESL: 1.36
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Thinking Hats Entertainment Solutions 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.
* Premium members only.
Thinking Hats Entertainment Solutions Graham Number Chart
Thinking Hats Entertainment Solutions Annual Data
Trend
Mar22
Mar23
Mar24
Graham Number
4.47
12.89
22.29
Thinking Hats Entertainment Solutions Semi-Annual Data
Mar22
Mar23
Mar24
Graham Number
-
12.89
22.29
Competitive Comparison of Thinking Hats Entertainment Solutions's Graham Number
For the Advertising Agencies subindustry, Thinking Hats Entertainment Solutions'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.
Thinking Hats Entertainment Solutions's Price-to-Graham-Number Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Thinking Hats Entertainment Solutions's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Thinking Hats Entertainment Solutions'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.
Thinking Hats Entertainment Solutions (NSE:THESL) 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.
Thinking Hats Entertainment Solutions's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2024 )
=
30.25
/
22.29
=
1.36
* 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.
Thinking Hats Entertainment Solutions Graham Number Related Terms
Thank you for viewing the detailed overview of Thinking Hats Entertainment Solutions's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.
Thinking Hats Entertainment Solutions Business Description
Thinking Hats Entertainment Solutions Ltd is a concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a focus on content development, intellectual property curation and tech centric product development. The company operates in two reportable segment (Business segment) i.e. Event Management and OTT Sales. Key revenue is generated from Event Management segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:THESL has been successfully added to your