MerryMart ConsumerPHS:MM 78 Graham Number is ₱0.03 as of Mar. 2026, which is 100% below its 10-year median of 9.43. GuruFocus rates PHS:MM with a GF Score™ of 78/100 and a GF Value™ of ₱1.11 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 235 Retail - Defensive companies, MerryMart Consumer ranks worse than 99.15% 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 (2026-06-30), the stock price of MerryMart Consumer is ₱0.435. MerryMart Consumer's graham number for the quarter that ended in Mar. 2026 was ₱0.03. Therefore, MerryMart Consumer's Price to Graham Number ratio for today is 20.01.
The historical rank and industry rank for MerryMart Consumer's Graham Number or its related term are showing as below:
PHS:MM'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.92 Med: 9.43 Max: 34.33
Current: 14.5
During the past 9 years, the highest Price to Graham Number ratio of MerryMart Consumer was 34.33. The lowest was 1.92. And the median was 9.43.
PHS:MM's Price-to-Graham-Number is ranked worse than 99.15% of 235
companies
in the Retail - Defensive industry
Industry Median: 1.32
vs PHS:MM: 14.50
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
MerryMart Consumer (PHS:MM) 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.
MerryMart Consumer's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.435
/
0.02
=
20.01
* 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.
MerryMart Consumer Graham Number Related Terms
MerryMart Consumer Graham Number Historical Data
* Premium members only.
The historical data trend for MerryMart Consumer'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.
For the Grocery Stores subindustry, MerryMart Consumer'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.
MerryMart Consumer Price-to-Graham-Number vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, MerryMart Consumer's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where MerryMart Consumer'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.
MerryMart Consumer (PHS:MM) has a Graham Number of ₱0.03 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on MerryMart Consumer and its competitors. This is 100% below median its historical median of 9.43. Over the past decade, MerryMart Consumer's Graham Number has ranged from 1.92 to 34.33. According to the industry distribution chart, MerryMart Consumer ranks #233 out of 235 companies in the Retail - Defensive industry, placing it in the top 99.1%.
Is MerryMart Consumer's Graham Number too high?
MerryMart Consumer's current Graham Number of ₱0.03 is 100% below median its 10-year median of 9.43. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 34.33. Based on the distribution chart, MerryMart Consumer ranks #233 out of 235 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, MerryMart Consumer has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MerryMart Consumer's Graham Number compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, MerryMart Consumer ranks #233 out of 235 companies for Graham Number. This places MerryMart Consumer in the lower half of its industry. The industry median Graham Number is 1.32. Historically, MerryMart Consumer's own Graham Number has ranged from 1.92 to 34.33 over the past decade. 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 Retail - Defensive company?
The median Graham Number among Retail - Defensive companies is 1.32, based on 235 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. 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 MerryMart Consumer and its competitors. For the Retail - Defensive industry, the median Graham Number is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MerryMart Consumer's current Graham Number is ₱0.03, which is 100% below median its own 10-year median of 9.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MerryMart Consumer stock overvalued right now?
Based on GuruFocus' analysis, MerryMart Consumer (PHS:MM) is currently considered Possible Value Trap. The stock's GF Value™ is ₱1.11, compared to a current price of ₱0.44 — trading 60.8% below its estimated fair value. The current Graham Number is ₱0.03, which is 100% below median its 10-year median of 9.43. MerryMart Consumer's overall GF Score™ is 78/100 with 9 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 MerryMart Consumer (PHS:MM), the current Graham Number is ₱0.03 as of Mar. 2026. 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 MerryMart Consumer (PHS:MM) Overvalued in 2026?
Based on GuruFocus' analysis, MerryMart Consumer stock appears to be undervalued.
The current stock price of ₱0.44 is trading 60.8% below its estimated GF Value™ of ₱1.11.
GuruFocus considers MerryMart Consumer to be Possible Value Trap.
Key valuation signals for PHS:MM:
Graham Number: ₱0.03 (100% below median its 10-year median of 9.43)
GF Value™: ₱1.11 vs. price of ₱0.44 (60.8% below fair value)
No single metric tells the full story. See the PHS:MM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MerryMart Consumer Corp is an emerging consumer-focused retail company. It is engaged in the operation of retail stores in the supermarket and household essentials category. It operates through Four divisions namely, MerryMart Grocery; MerryMart Market; and MerryMart Store, MerryMart Wholesale. It generates revenues from trading and selling goods and consumer products on a wholesale or retail basis.
78GF Score
Get the complete analysis for PHS:MM
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