Southern Hydropower JSCSTC:SHP +1.23%81 Graham Number is ₫29,255.47 as of Mar. 2026, which is 100% below its 10-year median of 1.12. GuruFocus rates STC:SHP with a GF Score™ of 81/100 and a GF Value™ of ₫35,565.77 (Fairly Valued). The stock has 1 warning sign investors should review. Among 417 Utilities - Regulated companies, Southern Hydropower JSC ranks better than 50.6% 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.
The historical rank and industry rank for Southern Hydropower JSC's Graham Number or its related term are showing as below:
STC:SHP'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.83 Med: 1.12 Max: 1.74
Current: 1.12
During the past 13 years, the highest Price to Graham Number ratio of Southern Hydropower JSC was 1.74. The lowest was 0.83. And the median was 1.12.
STC:SHP's Price-to-Graham-Number is ranked better than 50.6% of 417
companies
in the Utilities - Regulated industry
Industry Median: 1.12
vs STC:SHP: 1.12
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Southern Hydropower JSC (STC:SHP) 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.
Southern Hydropower JSC's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
32900.00
/
29,255.47
=
1.12
* 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.
Southern Hydropower JSC Graham Number Related Terms
Southern Hydropower JSC 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.
For the Utilities - Diversified subindustry, Southern Hydropower 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.
Southern Hydropower JSC Price-to-Graham-Number vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Southern Hydropower JSC's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Southern Hydropower JSC's Price-to-Graham-Number falls into.
* 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.
Southern Hydropower JSC (STC:SHP) has a Graham Number of ₫29,255.47 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Southern Hydropower JSC and its competitors. This is 2611996% above median its historical median of 1.12. Over the past decade, Southern Hydropower JSC's Graham Number has ranged from 0.83 to 1.74. According to the industry distribution chart, Southern Hydropower JSC ranks #206 out of 417 companies in the Utilities - Regulated industry, placing it in the top 49.4%.
Is Southern Hydropower JSC's Graham Number too high?
Southern Hydropower JSC's current Graham Number of ₫29,255.47 is 2611996% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.74. Based on the distribution chart, Southern Hydropower JSC ranks #206 out of 417 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Southern Hydropower JSC has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Southern Hydropower JSC's Graham Number compare to SRE?
According to the Utilities - Regulated industry distribution chart, Southern Hydropower JSC ranks #206 out of 417 companies for Graham Number. This puts Southern Hydropower JSC in the upper half of its industry. The industry median Graham Number is 1.12. Historically, Southern Hydropower JSC's own Graham Number has ranged from 0.83 to 1.74 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 an Utilities - Regulated company?
The median Graham Number among Utilities - Regulated companies is 1.12, based on 417 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 Southern Hydropower JSC and its competitors. For the Utilities - Regulated industry, the median Graham Number is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Hydropower JSC's current Graham Number is ₫29,255.47, which is 2611996% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Hydropower JSC stock overvalued right now?
Based on GuruFocus' analysis, Southern Hydropower JSC (STC:SHP) is currently considered Fairly Valued. The stock's GF Value™ is ₫35,565.77, compared to a current price of ₫32,900.00 — trading 7.5% below its estimated fair value. The current Graham Number is ₫29,255.47, which is 2611996% above median its 10-year median of 1.12. Southern Hydropower JSC's overall GF Score™ is 81/100 with 1 warning sign 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 Southern Hydropower JSC (STC:SHP), the current Graham Number is ₫29,255.47 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 Southern Hydropower JSC (STC:SHP) Overvalued in 2026?
Based on GuruFocus' analysis, Southern Hydropower JSC stock appears to be undervalued.
The current stock price of ₫32,900.00 is trading 7.5% below its estimated GF Value™ of ₫35,565.77.
GuruFocus considers Southern Hydropower JSC to be Fairly Valued.
Key valuation signals for STC:SHP:
Graham Number: ₫29,255.47 (2611996% above median its 10-year median of 1.12)
GF Value™: ₫35,565.77 vs. price of ₫32,900.00 (7.5% below fair value)
No single metric tells the full story. See the STC:SHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southern Hydropower JSC is a Vietnam based company engaged in manufacturing, transmitting and distributing electricity, providing architectural and related technical consultancy services, installing water supply and drainage systems, fireplace and air-conditioner, installing power systems, installing industrial machinery and equipment, repairing electrical equipment, machinery and equipment, products made of pre-casted metal (not at the head office), providing vocational training services, trading electrical machinery and equipment, electrical materials and mechanical spare parts, exploiting stones, sands, gravels, clays, repairing electronic and optical devices. The company's hydropower plants are Da Siat, Da Dang 2 and Da M'bri.
81GF Score
Get the complete analysis for STC:SHP
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STC:SHP has been successfully added to your 
