PMTR (Perimeter Acquisition I) Graham Number: $6.51 (As of Mar. 2026) — 288% Above Median

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Charlie Tian
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.

PMTR Perimeter Acquisition Corp I PMTR
14 GF Score
Price $10.40
! 1 Warning Sign
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What is Perimeter Acquisition I Graham Number?

Perimeter Acquisition I PMTR +0.05% 14 Graham Number is $6.51 as of Mar. 2026, which is 288% above its 10-year median of 1.68. GuruFocus rates PMTR with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 291 Diversified Financial Services companies, Perimeter Acquisition I ranks better than 69.76% 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 (2026-08-04), the stock price of Perimeter Acquisition I is $10.395. Perimeter Acquisition I's graham number for the quarter that ended in Mar. 2026 was $6.51. Therefore, Perimeter Acquisition I's Price to Graham Number ratio for today is 1.60.

The historical rank and industry rank for Perimeter Acquisition I's Graham Number or its related term are showing as below:

PMTR' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.58   Med: 1.68   Max: 1.78
Current: 1.6

During the past 1 years, the highest Price to Graham Number ratio of Perimeter Acquisition I was 1.78. The lowest was 1.58. And the median was 1.68.

PMTR's Price-to-Graham-Number is ranked better than
69.76% of 291 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs PMTR: 1.60

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


Perimeter Acquisition I  (NAS:PMTR) 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.

Perimeter Acquisition I's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=10.395/6.51
=1.60

* 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.


Perimeter Acquisition I Graham Number Related Terms


Perimeter Acquisition I Graham Number Historical Data

* Premium members only.

The historical data trend for Perimeter Acquisition I'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.

Perimeter Acquisition I Graham Number Chart

Perimeter Acquisition I Annual Data
Trend Dec25
Graham Number
6.06

Perimeter Acquisition I Quarterly Data
Feb25 Jun25 Sep25 Dec25 Mar26
Graham Number 0.00 0.00 4.56 5.78 6.51

PMTR vs EVOX, CAES, KOYN: Graham Number Comparison

For the Shell Companies subindustry, Perimeter Acquisition I'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.


Perimeter Acquisition I Price-to-Graham-Number vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Perimeter Acquisition I's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Perimeter Acquisition I's Price-to-Graham-Number falls into.


PMTR
14GF Score
Perimeter Acquisition Corp I PMTR
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Perimeter Acquisition I Graham Number Calculation

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

Perimeter Acquisition I'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*7.764*0.21)
=6.06

Perimeter Acquisition I's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*7.812*0.241)
=6.51

* 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 $6.51 mean?
Perimeter Acquisition I (PMTR) has a Graham Number of $6.51 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Perimeter Acquisition I and its competitors. This is 288% above median its historical median of 1.68. Over the past decade, Perimeter Acquisition I's Graham Number has ranged from 1.58 to 1.78. According to the industry distribution chart, Perimeter Acquisition I ranks #88 out of 291 companies in the Diversified Financial Services industry, placing it in the top 30.2%.
Is Perimeter Acquisition I's Graham Number too high?
Perimeter Acquisition I's current Graham Number of $6.51 is 288% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 1.78. The Diversified Financial Services industry median Graham Number is 1.83. Perimeter Acquisition I's value of $6.51 is 255.7% above this industry median. Based on the distribution chart, Perimeter Acquisition I ranks #88 out of 291 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, Perimeter Acquisition I has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Perimeter Acquisition I's Graham Number compare to EVOX and CAES?
According to the Diversified Financial Services industry distribution chart, Perimeter Acquisition I ranks #88 out of 291 companies for Graham Number. This puts Perimeter Acquisition I in the upper half of its industry. The industry median Graham Number is 1.83. Perimeter Acquisition I's value of $6.51 is 255.7% above this benchmark. Historically, Perimeter Acquisition I's own Graham Number has ranged from 1.58 to 1.78 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 1.83, Perimeter Acquisition I has consistently been above 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 Diversified Financial Services company?
The median Graham Number among Diversified Financial Services companies is 1.83, based on 291 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. Perimeter Acquisition I's current Graham Number of $6.51 is 255.7% above 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 Perimeter Acquisition I and its competitors. For the Diversified Financial Services industry, the median Graham Number is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perimeter Acquisition I's current Graham Number is $6.51, which is 288% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perimeter Acquisition I stock overvalued right now?
Perimeter Acquisition I (PMTR) has a current Graham Number of $6.51. The current Graham Number is $6.51, which is 288% above median its 10-year median of 1.68 and 255.7% above the Diversified Financial Services industry median of 1.83. Perimeter Acquisition I's overall GF Score™ is 14/100 with 1 warning sign 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 Perimeter Acquisition I (PMTR), the current Graham Number is $6.51 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.

Perimeter Acquisition I Business Description

Address 4514 Cole Avenue, Suite 1600, Dallas, TX, USA, 75204
Perimeter Acquisition Corp I is a newly organized blank check company.
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