OUECF (OUE Real Estate Investment Trust) Graham Number: $0.20 (As of Dec. 2025) — 73% Below Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OUECF OUE Real Estate Investment Trust OUECF
55 GF Score
Price $0.22
GF Value $0.17
! 11 Warning Signs
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What is OUE Real Estate Investment Trust Graham Number?

OUE Real Estate Investment Trust OUECF 55 Graham Number is $0.20 as of Dec. 2025, which is 73% below its 10-year median of 0.74. GuruFocus rates OUECF with a GF Score™ of 55/100 and a GF Value™ of $0.17. The stock has 11 warning signs investors should review. Among 735 REITs companies, OUE Real Estate Investment Trust ranks worse than 79.05% 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.

As of today (2026-07-21), the stock price of OUE Real Estate Investment Trust is $0.2182. OUE Real Estate Investment Trust's graham number for the quarter that ended in Dec. 2025 was $0.20. Therefore, OUE Real Estate Investment Trust's Price to Graham Number ratio for today is 1.10.

The historical rank and industry rank for OUE Real Estate Investment Trust's Graham Number or its related term are showing as below:

OUECF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.4   Med: 0.74   Max: 1.38
Current: 1.36

During the past 12 years, the highest Price to Graham Number ratio of OUE Real Estate Investment Trust was 1.38. The lowest was 0.40. And the median was 0.74.

OUECF's Price-to-Graham-Number is ranked worse than
79.05% of 735 companies
in the REITs industry
Industry Median: 0.74 vs OUECF: 1.36

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


OUE Real Estate Investment Trust  (OTCPK:OUECF) 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.

OUE Real Estate Investment Trust's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.2182/0.20
=1.10

* 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.


OUE Real Estate Investment Trust Graham Number Related Terms


OUE Real Estate Investment Trust Graham Number Historical Data

* Premium members only.

The historical data trend for OUE Real Estate Investment Trust'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.

OUE Real Estate Investment Trust Graham Number Chart

OUE Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.57 0.53 0.00 0.22

OUE Real Estate Investment Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 0.52 0.00 0.00 0.20

OUECF vs BXP, ARE, VNO: Graham Number Comparison

For the REIT - Office subindustry, OUE Real Estate Investment Trust'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.


OUE Real Estate Investment Trust Price-to-Graham-Number vs REITs Industry

For the REITs industry and Real Estate sector, OUE Real Estate Investment Trust's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where OUE Real Estate Investment Trust's Price-to-Graham-Number falls into.


OUECF
55GF Score
OUE Real Estate Investment Trust OUECF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OUE Real Estate Investment Trust Graham Number Calculation

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

OUE Real Estate Investment Trust's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.434*0.005)
=0.22

OUE Real Estate Investment Trust's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.434*0.004)
=0.20

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $0.20 mean?
OUE Real Estate Investment Trust (OUECF) has a Graham Number of $0.20 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on OUE Real Estate Investment Trust and its competitors. This is 73% below median its historical median of 0.74. Over the past decade, OUE Real Estate Investment Trust's Graham Number has ranged from 0.40 to 1.38. According to the industry distribution chart, OUE Real Estate Investment Trust ranks #581 out of 735 companies in the REITs industry, placing it in the top 79%.
Is OUE Real Estate Investment Trust's Graham Number too high?
OUE Real Estate Investment Trust's current Graham Number of $0.20 is 73% below median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.38. The REITs industry median Graham Number is 0.74. OUE Real Estate Investment Trust's value of $0.20 is 73% below this industry median. Based on the distribution chart, OUE Real Estate Investment Trust ranks #581 out of 735 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, OUE Real Estate Investment Trust has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does OUE Real Estate Investment Trust's Graham Number compare to BXP and ARE?
According to the REITs industry distribution chart, OUE Real Estate Investment Trust ranks #581 out of 735 companies for Graham Number. This places OUE Real Estate Investment Trust in the lower half of its industry. The industry median Graham Number is 0.74. OUE Real Estate Investment Trust's value of $0.20 is 73% below this benchmark. Historically, OUE Real Estate Investment Trust's own Graham Number has ranged from 0.40 to 1.38 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.74, OUE Real Estate Investment Trust has consistently been below the industry average. 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 REITs company?
The median Graham Number among REITs companies is 0.74, based on 735 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. OUE Real Estate Investment Trust's current Graham Number of $0.20 is 73% below the industry median. 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 OUE Real Estate Investment Trust and its competitors. For the REITs industry, the median Graham Number is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OUE Real Estate Investment Trust's current Graham Number is $0.20, which is 73% below median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OUE Real Estate Investment Trust stock overvalued right now?
OUE Real Estate Investment Trust (OUECF) has a current Graham Number of $0.20. The stock's GF Value™ is $0.17, compared to a current price of $0.22 — trading 28.4% above its estimated fair value. The current Graham Number is $0.20, which is 73% below median its 10-year median of 0.74 and 73% below the REITs industry median of 0.74. OUE Real Estate Investment Trust's overall GF Score™ is 55/100 with 11 warning signs 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 OUE Real Estate Investment Trust (OUECF), the current Graham Number is $0.20 as of Dec. 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.

Is OUE Real Estate Investment Trust (OUECF) Overvalued in 2026?

Based on GuruFocus' analysis, OUE Real Estate Investment Trust stock appears to be overvalued. The current stock price of $0.22 is trading 28.4% above its estimated GF Value™ of $0.17.

Key valuation signals for OUECF:

  • Graham Number: $0.20 (73% below median its 10-year median of 0.74)
  • GF Value™: $0.17 vs. price of $0.22 (28.4% above fair value)
  • GF Score™: 55/100 with 11 warning signs
  • Industry Position: 73% below the REITs median (#581 of 735)

No single metric tells the full story. See the OUECF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OUE Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges TS0U:Singapore
Address 333 Orchard Road, No. 33-01, Singapore, SGP, 238867
OUE Real Estate Investment Trust is a real estate investment trust. Its principal investment plan is to invest in income-producing real estate used mainly for commercial purposes in financial and business hubs in key gateway cities. The company's portfolio comprises two hotels, which are the Hilton Singapore Orchard and Crowne Plaza Changi Airport. Complementing Hilton Singapore Orchard is Mandarin Gallery, a choice location for international brands in the heart of Orchard Road. The company's operating segments are Commercial and Hospitality. Its geographical segments are Singapore and China. The company derives maximum revenue from the Commercial segment and geographically from Singapore.
55GF Score

Get the complete analysis for OUECF

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.22
Price
$0.17
GF Value