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Petrotarg AB (OSTO:PETR PREF.PFD) Graham Number : krN/A (As of Sep. 2016)


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What is Petrotarg AB 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 (2025-07-17), the stock price of Petrotarg AB is kr1.74. Petrotarg AB's graham number for the quarter that ended in Sep. 2016 was krN/A. Therefore, Petrotarg AB's Price to Graham Number ratio for today is N/A.

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

OSTO:PETR PREF.PFD's Price-to-Graham-Number is not ranked *
in the Oil & Gas industry.
Industry Median: 0.885
* 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.


Petrotarg AB Graham Number Historical Data

The historical data trend for Petrotarg AB'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.

Petrotarg AB Graham Number Chart

Petrotarg AB Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Graham Number
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Petrotarg AB Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Competitive Comparison of Petrotarg AB's Graham Number

For the Oil & Gas E&P subindustry, Petrotarg AB'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.


Petrotarg AB's Price-to-Graham-Number Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petrotarg AB's Price-to-Graham-Number distribution charts can be found below:

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


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Petrotarg AB Graham Number Calculation

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

Petrotarg AB's Graham Number for the fiscal year that ended in Dec. 2015 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5**0)
=N/A

Petrotarg AB's Graham Number for the quarter that ended in Sep. 2016 is calculated as

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


Petrotarg AB  (OSTO:PETR PREF.PFD) 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.

Petrotarg AB's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2016 )
=1.74/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.


Petrotarg AB Graham Number Related Terms

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Petrotarg AB Business Description

Traded in Other Exchanges
N/A
Address
Box 225, Borlänge, SWE, 781 23
Petrotarg AB is engaged in exploration and exploitation of oil and natural gas deposits. The company's projects are in Arkansas, Louisiana and Texas of the United States.

Petrotarg AB Headlines

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