Kore Us Reit (SGX:CMOU) Graham Number: $0.28 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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.

SGX:CMOU Kore Us Reit SGX:CMOU
45 GF Score
Price $0.17
GF Value $0.21
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Kore Us Reit Graham Number?

Kore Us Reit SGX:CMOU 45 Graham Number is $0.28 as of Jun. 2026. GuruFocus rates SGX:CMOU with a GF Score™ of 45/100 and a GF Value™ of $0.21 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 727 REITs companies, Kore Us Reit ranks better than 62.04% 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 (2026-08-28), the stock price of Kore Us Reit is $0.173. Kore Us Reit's graham number for the quarter that ended in Jun. 2026 was $0.28. Therefore, Kore Us Reit's Price to Graham Number ratio for today is 0.62.

The historical rank and industry rank for Kore Us Reit's Graham Number or its related term are showing as below:

SGX:CMOU' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.55   Med: 0.69   Max: 1.2
Current: 0.62

During the past 10 years, the highest Price to Graham Number ratio of Kore Us Reit was 1.20. The lowest was 0.55. And the median was 0.69.

SGX:CMOU's Price-to-Graham-Number is ranked better than
62.04% of 727 companies
in the REITs industry
Industry Median: 0.72 vs SGX:CMOU: 0.62

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


Kore Us Reit  (SGX:CMOU) 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.

Kore Us Reit's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=0.173/0.28
=0.62

* 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.


Kore Us Reit Graham Number Related Terms


Kore Us Reit Graham Number Historical Data

* Premium members only.

The historical data trend for Kore Us Reit'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.

Kore Us Reit Graham Number Chart

Kore Us Reit Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.63 0.00 0.00 0.18

Kore Us Reit Semi-Annual Data
Jun16 Dec16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 0.00 0.00 0.21 0.28

SGX:CMOU vs BXP, ARE, VNO: Graham Number Comparison

For the REIT - Office subindustry, Kore Us Reit'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.


Kore Us Reit Price-to-Graham-Number vs REITs Industry

For the REITs industry and Real Estate sector, Kore Us Reit's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Kore Us Reit's Price-to-Graham-Number falls into.


SGX:CMOU
45GF Score
Kore Us Reit SGX:CMOU
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kore Us Reit Graham Number Calculation

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

Kore Us Reit'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*0.682*0.002)
=0.18

Kore Us Reit's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.699*0.005)
=0.28

* 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 $0.28 mean?
Kore Us Reit (SGX:CMOU) has a Graham Number of $0.28 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Kore Us Reit and its competitors. According to the industry distribution chart, Kore Us Reit ranks #276 out of 727 companies in the REITs industry, placing it in the top 38%.
Is Kore Us Reit's Graham Number too high?
Kore Us Reit's current Graham Number is $0.28. The REITs industry median Graham Number is 0.72. Kore Us Reit's value of $0.28 is 61.1% below this industry median. Based on the distribution chart, Kore Us Reit ranks #276 out of 727 companies in the REITs industry, which is above the industry midpoint. Overall, Kore Us Reit has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kore Us Reit's Graham Number compare to BXP and ARE?
According to the REITs industry distribution chart, Kore Us Reit ranks #276 out of 727 companies for Graham Number. This puts Kore Us Reit in the upper half of its industry. The industry median Graham Number is 0.72. Kore Us Reit's value of $0.28 is 61.1% below this benchmark. 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 0.72, based on 727 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. Kore Us Reit's current Graham Number of $0.28 is 61.1% 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 Kore Us Reit and its competitors. For the REITs industry, the median Graham Number is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kore Us Reit's current Graham Number is $0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kore Us Reit stock overvalued right now?
Based on GuruFocus' analysis, Kore Us Reit (SGX:CMOU) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.21, compared to a current price of $0.17 — trading 17.6% below its estimated fair value. The current Graham Number is $0.28 and 61.1% below the REITs industry median of 0.72. Kore Us Reit's overall GF Score™ is 45/100 with 8 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 Kore Us Reit (SGX:CMOU), the current Graham Number is $0.28 as of Jun. 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 Kore Us Reit (SGX:CMOU) Overvalued in 2026?

Based on GuruFocus' analysis, Kore Us Reit stock appears to be undervalued. The current stock price of $0.17 is trading 17.6% below its estimated GF Value™ of $0.21. GuruFocus considers Kore Us Reit to be Modestly Undervalued.

Key valuation signals for SGX:CMOU:

  • Graham Number: $0.28
  • GF Value™: $0.21 vs. price of $0.17 (17.6% below fair value)
  • GF Score™: 45/100 with 8 warning signs
  • Industry Position: 61.1% below the REITs median (#276 of 727)

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


Kore Us Reit Business Description

Industry Real EstateREITs
Address 1 Harbourfront Avenue, Level 2, Keppel Bay Tower, No. 18-01, Singapore, SGP, 098632
Kore Us Reit, formerly known as Keppel Pacific Oak USA REIT, is a Singapore-based real estate investment trust. The company invests in a diversified portfolio of income-producing commercial assets and real estate-related assets. Its portfolio comprises commercial properties located in the key growth markets of the United States. The group's key objectives are to provide sustainable distribution and total returns for the unitholders. It derives the majority of its revenue in the form of Rental Income. Geographically, in Singapore, North America, Asia, the UK, and other countries.
45GF Score

Get the complete analysis for SGX:CMOU

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

$0.17
Price
$0.21
GF Value