SHALF (Shangri-La Asia) Graham Number: $0.95 (As of Dec. 2025) — 12% Above Median


SHALF Shangri-La Asia Ltd SHALF
43 GF Score
Price $0.53
GF Value $0.72
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Shangri-La Asia Graham Number?

Shangri-La Asia SHALF 43 Graham Number is $0.95 as of Dec. 2025, which is 12% above its 10-year median of 0.85. GuruFocus rates SHALF with a GF Score™ of 43/100 and a GF Value™ of $0.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 491 Travel & Leisure companies, Shangri-La Asia ranks better than 86.97% 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 (2026-07-11), the stock price of Shangri-La Asia is $0.525. Shangri-La Asia's graham number for the quarter that ended in Dec. 2025 was $0.95. Therefore, Shangri-La Asia's Price to Graham Number ratio for today is 0.55.

The historical rank and industry rank for Shangri-La Asia's Graham Number or its related term are showing as below:

SHALF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.55   Med: 0.85   Max: 1.88
Current: 0.55

During the past 13 years, the highest Price to Graham Number ratio of Shangri-La Asia was 1.88. The lowest was 0.55. And the median was 0.85.

SHALF's Price-to-Graham-Number is ranked better than
86.97% of 491 companies
in the Travel & Leisure industry
Industry Median: 1.24 vs SHALF: 0.55

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


Shangri-La Asia  (OTCPK:SHALF) 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.

Shangri-La Asia's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.525/0.95
=0.55

* 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.


Shangri-La Asia Graham Number Related Terms


Shangri-La Asia Graham Number Historical Data

* Premium members only.

The historical data trend for Shangri-La Asia'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.

Shangri-La Asia Graham Number Chart

Shangri-La Asia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.22 1.08 0.95

Shangri-La Asia Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.22 1.13 1.08 1.10 0.95

SHALF vs MAR, HLT, H: Graham Number Comparison

For the Lodging subindustry, Shangri-La Asia'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.


Shangri-La Asia Price-to-Graham-Number vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shangri-La Asia's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Shangri-La Asia's Price-to-Graham-Number falls into.


SHALF
43GF Score
Shangri-La Asia Ltd SHALF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shangri-La Asia Graham Number Calculation

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

Shangri-La Asia'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*1.255*0.032)
=0.95

Shangri-La Asia's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.255*0.032)
=0.95

* 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 $0.95 mean?
Shangri-La Asia (SHALF) has a Graham Number of $0.95 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Shangri-La Asia and its competitors. This is 12% above median its historical median of 0.85. Over the past decade, Shangri-La Asia's Graham Number has ranged from 0.55 to 1.88. According to the industry distribution chart, Shangri-La Asia ranks #64 out of 491 companies in the Travel & Leisure industry, placing it in the top 13%.
Is Shangri-La Asia's Graham Number too high?
Shangri-La Asia's current Graham Number of $0.95 is 12% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.88. The Travel & Leisure industry median Graham Number is 1.24. Shangri-La Asia's value of $0.95 is 23.4% below this industry median. Based on the distribution chart, Shangri-La Asia ranks #64 out of 491 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Shangri-La Asia has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shangri-La Asia's Graham Number compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Shangri-La Asia ranks #64 out of 491 companies for Graham Number. This places Shangri-La Asia in the top 13% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.24. Shangri-La Asia's value of $0.95 is 23.4% below this benchmark. Historically, Shangri-La Asia's own Graham Number has ranged from 0.55 to 1.88 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.24, Shangri-La Asia 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 Travel & Leisure company?
The median Graham Number among Travel & Leisure companies is 1.24, based on 491 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. Shangri-La Asia's current Graham Number of $0.95 is 23.4% 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 Shangri-La Asia and its competitors. For the Travel & Leisure industry, the median Graham Number is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shangri-La Asia's current Graham Number is $0.95, which is 12% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shangri-La Asia stock overvalued right now?
Based on GuruFocus' analysis, Shangri-La Asia (SHALF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.72, compared to a current price of $0.53 — trading 27.1% below its estimated fair value. The current Graham Number is $0.95, which is 12% above median its 10-year median of 0.85 and 23.4% below the Travel & Leisure industry median of 1.24. Shangri-La Asia's overall GF Score™ is 43/100 with 4 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 Shangri-La Asia (SHALF), the current Graham Number is $0.95 as of Dec. 2025. 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 Shangri-La Asia (SHALF) Overvalued in 2026?

Based on GuruFocus' analysis, Shangri-La Asia stock appears to be undervalued. The current stock price of $0.53 is trading 27.1% below its estimated GF Value™ of $0.72. GuruFocus considers Shangri-La Asia to be Modestly Undervalued.

Key valuation signals for SHALF:

  • Graham Number: $0.95 (12% above median its 10-year median of 0.85)
  • GF Value™: $0.72 vs. price of $0.53 (27.1% below fair value)
  • GF Score™: 43/100 with 4 warning signs
  • Industry Position: 23.4% below the Travel & Leisure median (#64 of 491)

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


Shangri-La Asia Business Description

Address 683 King\'s Road, 28th Floor Kerry Centre, Quarry Bay, Hong Kong, HKG
Shangri-La Asia Ltd owns and manages hotels in the People's Republic of China under the brands Shangri-La Hotels, Shangri-La Resorts, Kerry Hotels, Hotel Jen, and Traders Hotels. Other countries in which the group has its presence include Singapore, the Philippines, Malaysia, Thailand, Japan, Australia, and a few Other Countries. Besides hotel operations, the group also engaged in golf course operations in Bali, Indonesia, and wine trading in Hong Kong. Its business is organized into Hotel Properties, Hotel management and Related services, Investment Properties, and Property Development for sales. Revenues are generated from room rental, food and beverage sales, hotel management, Rental revenue from investment properties, and sales of properties.
43GF Score

Get the complete analysis for SHALF

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

$0.53
Price
$0.72
GF Value