What is PT Indofood Sukses Makmur Tbk Graham Number?
PT Indofood Sukses Makmur TbkPIFMF 69 Graham Number is $0.33 as of Mar. 2026, which is 75% below its 10-year median of 1.33. GuruFocus rates PIFMF with a GF Score™ of 69/100 and a GF Value™ of $0.47 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,381 Consumer Packaged Goods companies, PT Indofood Sukses Makmur Tbk ranks worse than 54.82% 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.
The historical rank and industry rank for PT Indofood Sukses Makmur Tbk's Graham Number or its related term are showing as below:
PIFMF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.9 Med: 1.33 Max: 3.17
Current: 1.24
During the past 13 years, the highest Price to Graham Number ratio of PT Indofood Sukses Makmur Tbk was 3.17. The lowest was 0.90. And the median was 1.33.
PIFMF's Price-to-Graham-Number is ranked worse than 54.82% of 1381
companies
in the Consumer Packaged Goods industry
Industry Median: 1.09
vs PIFMF: 1.24
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
PT Indofood Sukses Makmur Tbk (OTCPK:PIFMF) 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.
PT Indofood Sukses Makmur Tbk's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.4113
/
0.33
=
1.25
* 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.
PT Indofood Sukses Makmur Tbk Graham Number Related Terms
PT Indofood Sukses Makmur Tbk 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.
For the Packaged Foods subindustry, PT Indofood Sukses Makmur Tbk'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.
PT Indofood Sukses Makmur Tbk Price-to-Graham-Number vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Indofood Sukses Makmur Tbk's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where PT Indofood Sukses Makmur Tbk'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.
PT Indofood Sukses Makmur Tbk (PIFMF) has a Graham Number of $0.33 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Indofood Sukses Makmur Tbk and its competitors. This is 75% below median its historical median of 1.33. Over the past decade, PT Indofood Sukses Makmur Tbk's Graham Number has ranged from 0.90 to 3.17. According to the industry distribution chart, PT Indofood Sukses Makmur Tbk ranks #757 out of 1381 companies in the Consumer Packaged Goods industry, placing it in the top 54.8%.
Is PT Indofood Sukses Makmur Tbk's Graham Number too high?
PT Indofood Sukses Makmur Tbk's current Graham Number of $0.33 is 75% below median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 3.17. The Consumer Packaged Goods industry median Graham Number is 1.09. PT Indofood Sukses Makmur Tbk's value of $0.33 is 69.7% below this industry median. Based on the distribution chart, PT Indofood Sukses Makmur Tbk ranks #757 out of 1381 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, PT Indofood Sukses Makmur Tbk has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Indofood Sukses Makmur Tbk's Graham Number compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Indofood Sukses Makmur Tbk ranks #757 out of 1381 companies for Graham Number. This places PT Indofood Sukses Makmur Tbk in the lower half of its industry. The industry median Graham Number is 1.09. PT Indofood Sukses Makmur Tbk's value of $0.33 is 69.7% below this benchmark. Historically, PT Indofood Sukses Makmur Tbk's own Graham Number has ranged from 0.90 to 3.17 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 1.09, PT Indofood Sukses Makmur Tbk 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 Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.09, based on 1,381 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. PT Indofood Sukses Makmur Tbk's current Graham Number of $0.33 is 69.7% 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 PT Indofood Sukses Makmur Tbk and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indofood Sukses Makmur Tbk's current Graham Number is $0.33, which is 75% below median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indofood Sukses Makmur Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indofood Sukses Makmur Tbk (PIFMF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.47, compared to a current price of $0.41 — trading 12.5% below its estimated fair value. The current Graham Number is $0.33, which is 75% below median its 10-year median of 1.33 and 69.7% below the Consumer Packaged Goods industry median of 1.09. PT Indofood Sukses Makmur Tbk's overall GF Score™ is 69/100 with 2 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 PT Indofood Sukses Makmur Tbk (PIFMF), the current Graham Number is $0.33 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 PT Indofood Sukses Makmur Tbk (PIFMF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indofood Sukses Makmur Tbk stock appears to be undervalued.
The current stock price of $0.41 is trading 12.5% below its estimated GF Value™ of $0.47.
GuruFocus considers PT Indofood Sukses Makmur Tbk to be Significantly Undervalued.
Key valuation signals for PIFMF:
Graham Number: $0.33 (75% below median its 10-year median of 1.33)
GF Value™: $0.47 vs. price of $0.41 (12.5% below fair value)
Industry Position: 69.7% below the Consumer Packaged Goods median (#757 of 1381)
No single metric tells the full story. See the PIFMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indofood Sukses Makmur Tbk Business Description
PT Indofood Sukses Makmur Tbk is a packaged food company with a diversified portfolio in both raw materials and processed food. It divides operations into the Consumer Branded Products Business Group, Bogasari Business Group, Agribusiness Group, and Distribution Business Group. The Consumer Branded Products Business Group, which generates maximum revenue, produces a varied range of consumer-branded products such as noodles, dairy, snack foods, special foods, food seasonings, and beverages. The Bogasari unit mainly produces wheat flour as well as pasta; and the Agribusiness unit is involved in seed breeding, oil palm cultivation and milling, and the production and marketing of branded cooking oils, margarine, and shortening. Geographically, the Group generates key revenue from Indonesia.
69GF Score
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