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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.
RYGYF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.07 Med: 0.2 Max: 0.91
Current: 0.91
During the past 13 years, the highest Price to Graham Number ratio of Reysas Gayrimenkul Yatirim Ortakligi AS was 0.91. The lowest was 0.07. And the median was 0.20.
RYGYF's Price-to-Graham-Number is ranked worse than 64.27% of 736
companies
in the REITs industry
Industry Median: 0.745
vs RYGYF: 0.91
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Reysas Gayrimenkul Yatirim Ortakligi AS (OTCPK:RYGYF) 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.
Reysas Gayrimenkul Yatirim Ortakligi AS's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.69
/
0.83
=
0.84
* 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.
Reysas Gayrimenkul Yatirim Ortakligi AS Graham Number Related Terms
Reysas Gayrimenkul Yatirim Ortakligi AS 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.
Reysas Gayrimenkul Yatirim Ortakligi AS Graham Number Chart
Reysas Gayrimenkul Yatirim Ortakligi AS Annual Data
For the REIT - Industrial subindustry, Reysas Gayrimenkul Yatirim Ortakligi AS'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.
Reysas Gayrimenkul Yatirim Ortakligi AS Price-to-Graham-Number vs REITs Industry
* 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.
Reysas Gayrimenkul Yatirim Ortakligi AS (RYGYF) has a Graham Number of $0.83 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Reysas Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 315% above median its historical median of 0.20. Over the past decade, Reysas Gayrimenkul Yatirim Ortakligi AS's Graham Number has ranged from 0.07 to 0.91. According to the industry distribution chart, Reysas Gayrimenkul Yatirim Ortakligi AS ranks #473 out of 736 companies in the REITs industry, placing it in the top 64.3%.
Is Reysas Gayrimenkul Yatirim Ortakligi AS's Graham Number too high?
Reysas Gayrimenkul Yatirim Ortakligi AS's current Graham Number of $0.83 is 315% above median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.91. The REITs industry median Graham Number is 0.75. Reysas Gayrimenkul Yatirim Ortakligi AS's value of $0.83 is 11.4% above this industry median. Based on the distribution chart, Reysas Gayrimenkul Yatirim Ortakligi AS ranks #473 out of 736 companies in the REITs industry, which is below the industry midpoint. Overall, Reysas Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reysas Gayrimenkul Yatirim Ortakligi AS's Graham Number compare to PLD and PSA?
According to the REITs industry distribution chart, Reysas Gayrimenkul Yatirim Ortakligi AS ranks #473 out of 736 companies for Graham Number. This places Reysas Gayrimenkul Yatirim Ortakligi AS in the lower half of its industry. The industry median Graham Number is 0.75. Reysas Gayrimenkul Yatirim Ortakligi AS's value of $0.83 is 11.4% above this benchmark. Historically, Reysas Gayrimenkul Yatirim Ortakligi AS's own Graham Number has ranged from 0.07 to 0.91 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.75, Reysas Gayrimenkul Yatirim Ortakligi AS 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 REITs company?
The median Graham Number among REITs companies is 0.75, based on 736 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. Reysas Gayrimenkul Yatirim Ortakligi AS's current Graham Number of $0.83 is 11.4% 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 Reysas Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Graham Number is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reysas Gayrimenkul Yatirim Ortakligi AS's current Graham Number is $0.83, which is 315% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reysas Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Reysas Gayrimenkul Yatirim Ortakligi AS (RYGYF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.40, compared to a current price of $0.69 — trading 72.5% above its estimated fair value. The current Graham Number is $0.83, which is 315% above median its 10-year median of 0.20 and 11.4% above the REITs industry median of 0.75. Reysas Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 47/100 with 7 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 Reysas Gayrimenkul Yatirim Ortakligi AS (RYGYF), the current Graham Number is $0.83 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 Reysas Gayrimenkul Yatirim Ortakligi AS (RYGYF) Overvalued in 2026?
Based on GuruFocus' analysis, Reysas Gayrimenkul Yatirim Ortakligi AS stock appears to be overvalued.
The current stock price of $0.69 is trading 72.5% above its estimated GF Value™ of $0.40.
GuruFocus considers Reysas Gayrimenkul Yatirim Ortakligi AS to be Significantly Overvalued.
Key valuation signals for RYGYF:
Graham Number: $0.83 (315% above median its 10-year median of 0.20)
GF Value™: $0.40 vs. price of $0.69 (72.5% above fair value)
Industry Position: 11.4% above the REITs median (#473 of 736)
No single metric tells the full story. See the RYGYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reysas Gayrimenkul Yatirim Ortakligi AS Business Description
Reysas Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust founded for investing and developing real estates in Turkey. It invests in real estates, capital market instruments based on real estates, real estate projects and rights based on real estates. The main focus of the company is the warehousing market. The company rents its warehouses for long terms in order to create continuous and stabile income from its portfolio.
47GF Score
Get the complete analysis for RYGYF
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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