Ocean Group JSC (STC:OGC) Graham Number: ₫3,336.16 (As of Mar. 2026) — 167546% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

STC:OGC Ocean Group JSC STC:OGC
63 GF Score
Price ₫2,530.00
GF Value ₫5,570.61
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Ocean Group JSC Graham Number?

Ocean Group JSC STC:OGC -4.17% 63 Graham Number is ₫3,336.16 as of Mar. 2026, which is 100% below its 10-year median of 1.99. GuruFocus rates STC:OGC with a GF Score™ of 63/100 and a GF Value™ of ₫5,570.61 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 378 Conglomerates companies, Ocean Group JSC ranks better than 58.2% 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 (2026-07-18), the stock price of Ocean Group JSC is ₫2530.00. Ocean Group JSC's graham number for the quarter that ended in Mar. 2026 was ₫3,336.16. Therefore, Ocean Group JSC's Price to Graham Number ratio for today is 0.76.

The historical rank and industry rank for Ocean Group JSC's Graham Number or its related term are showing as below:

STC:OGC' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.54   Med: 1.99   Max: 8.99
Current: 0.76

During the past 13 years, the highest Price to Graham Number ratio of Ocean Group JSC was 8.99. The lowest was 0.54. And the median was 1.99.

STC:OGC's Price-to-Graham-Number is ranked better than
58.2% of 378 companies
in the Conglomerates industry
Industry Median: 0.94 vs STC:OGC: 0.76

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


Ocean Group JSC  (STC:OGC) 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.

Ocean Group JSC's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=2530.00/3,336.16
=0.76

* 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.


Ocean Group JSC Graham Number Related Terms


Ocean Group JSC Graham Number Historical Data

* Premium members only.

The historical data trend for Ocean Group JSC'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.

Ocean Group JSC Graham Number Chart

Ocean Group JSC 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 1,778.04 2,808.63 1,991.57 2,878.77

Ocean Group JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3,683.62 3,463.47 4,402.15 2,814.81 3,336.16

STC:OGC vs HON, MMM: Graham Number Comparison

For the Conglomerates subindustry, Ocean Group JSC'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.


Ocean Group JSC Price-to-Graham-Number vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ocean Group JSC's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Ocean Group JSC's Price-to-Graham-Number falls into.


STC:OGC
63GF Score
Ocean Group JSC STC:OGC
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Group JSC Graham Number Calculation

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

Ocean Group JSC'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*1872.255*196.728)
=2,878.77

Ocean Group JSC'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*1934.718*255.678)
=3,336.16

* 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 ₫3,336.16 mean?
Ocean Group JSC (STC:OGC) has a Graham Number of ₫3,336.16 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Ocean Group JSC and its competitors. This is 167546% above median its historical median of 1.99. Over the past decade, Ocean Group JSC's Graham Number has ranged from 0.54 to 8.99. According to the industry distribution chart, Ocean Group JSC ranks #158 out of 378 companies in the Conglomerates industry, placing it in the top 41.8%.
Is Ocean Group JSC's Graham Number too high?
Ocean Group JSC's current Graham Number of ₫3,336.16 is 167546% above median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 8.99. Based on the distribution chart, Ocean Group JSC ranks #158 out of 378 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Ocean Group JSC has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Group JSC's Graham Number compare to HON and MMM?
According to the Conglomerates industry distribution chart, Ocean Group JSC ranks #158 out of 378 companies for Graham Number. This puts Ocean Group JSC in the upper half of its industry. The industry median Graham Number is 0.94. Historically, Ocean Group JSC's own Graham Number has ranged from 0.54 to 8.99 over the past decade. 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 Conglomerates company?
The median Graham Number among Conglomerates companies is 0.94, based on 378 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. 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 Ocean Group JSC and its competitors. For the Conglomerates industry, the median Graham Number is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Group JSC's current Graham Number is ₫3,336.16, which is 167546% above median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Ocean Group JSC (STC:OGC) is currently considered Possible Value Trap. The stock's GF Value™ is ₫5,570.61, compared to a current price of ₫2,530.00 — trading 54.6% below its estimated fair value. The current Graham Number is ₫3,336.16, which is 167546% above median its 10-year median of 1.99. Ocean Group JSC's overall GF Score™ is 63/100 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 Ocean Group JSC (STC:OGC), the current Graham Number is ₫3,336.16 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 Ocean Group JSC (STC:OGC) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Group JSC stock appears to be undervalued. The current stock price of ₫2,530.00 is trading 54.6% below its estimated GF Value™ of ₫5,570.61. GuruFocus considers Ocean Group JSC to be Possible Value Trap.

Key valuation signals for STC:OGC:

  • Graham Number: ₫3,336.16 (167546% above median its 10-year median of 1.99)
  • GF Value™: ₫5,570.61 vs. price of ₫2,530.00 (54.6% below fair value)
  • GF Score™: 63/100 with 4 warning signs

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


Ocean Group JSC Business Description

Address No. 643 Pham Van Dong, 23rd Floor, Leadvisors Tower Building, Nghia Do Ward, Hanoi, VNM
Ocean Group JSC is a Vietnam-based company mainly engaged in real estate trading and office leasing. The Group focuses its resources on three strategic business areas: real estate, high-end hospitality services, and food production and trading. It currently owns a diversified asset portfolio, including internationally standardized five-star hotels such as StarCity Nha Trang, Sunrise Nha Trang, and Dusit Le Palais Tu Hoa, as well as high-growth potential real estate projects like 25 Tran Khanh Du, StarCity Westlake at 10 Tran Vu, and Lega Fashion House. The majority of these properties are located in prime locations in Hanoi, Ho Chi Minh City, and key tourism cities.
63GF Score

Get the complete analysis for STC:OGC

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

₫2,530.00
Price
₫5,570.61
GF Value