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Sirius Real Estate (Sirius Real Estate) Graham Number : $1.48 (As of Sep. 2023)


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What is Sirius Real Estate Graham Number?

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 (2024-05-22), the stock price of Sirius Real Estate is $1.165. Sirius Real Estate's graham number for the quarter that ended in Sep. 2023 was $1.48. Therefore, Sirius Real Estate's Price to Graham Number ratio for today is 0.79.

The historical rank and industry rank for Sirius Real Estate's Graham Number or its related term are showing as below:

SRRLF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.46   Med: 0.92   Max: 1.41
Current: 0.82

During the past 13 years, the highest Price to Graham Number ratio of Sirius Real Estate was 1.41. The lowest was 0.46. And the median was 0.92.

SRRLF's Price-to-Graham-Number is ranked worse than
50.53% of 1130 companies
in the Real Estate industry
Industry Median: 0.795 vs SRRLF: 0.82

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


Sirius Real Estate Graham Number Historical Data

The historical data trend for Sirius Real Estate'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.

* Premium members only.

Sirius Real Estate Graham Number Chart

Sirius Real Estate Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 1.04 1.25 1.33 1.44

Sirius Real Estate Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.29 1.36 1.32 1.41 1.48

Competitive Comparison of Sirius Real Estate's Graham Number

For the Real Estate Services subindustry, Sirius Real Estate'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.


Sirius Real Estate's Price-to-Graham-Number Distribution in the Real Estate Industry

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

* The bar in red indicates where Sirius Real Estate's Price-to-Graham-Number falls into.



Sirius Real Estate Graham Number Calculation

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

Sirius Real Estate's Graham Number for the fiscal year that ended in Mar. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.093*0.084)
=1.44

Sirius Real Estate's Graham Number for the quarter that ended in Sep. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.092*0.089)
=1.48

* 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.


Sirius Real Estate  (OTCPK:SRRLF) 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.

Sirius Real Estate's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2023 )
=1.165/1.48
=0.79

* 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.


Sirius Real Estate Graham Number Related Terms

Thank you for viewing the detailed overview of Sirius Real Estate's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Sirius Real Estate (Sirius Real Estate) Business Description

Traded in Other Exchanges
Address
Admiral Park, Trafalgar Court, 2nd Floor, East Wing, Channel Islands, St Peter Port, GGY, GY1 3EL
Sirius Real Estate Ltd is in the business of investment in and acquisition of the commercial property to provide workspace in Germany. It operates in two segments that is Germany; and United Kingdom. The Company invests in large mixed-use commercial real estate assets in Germany. The firm derives revenues in the form of rental income from operations in Germany. Its portfolio includes Conventional offices, Smartspace Office, Officepods, Virtual office, Classical storage spaces, Smart space Storage, Flexi storage, Workshop spaces, and others.