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Scentre GroupSTGPF 69 Graham Number is $3.48 as of Dec. 2025, which is 335% above its 10-year median of 0.80. GuruFocus rates STGPF with a GF Score™ of 69/100 and a GF Value™ of $2.27 (Fairly Valued). The stock has 9 warning signs investors should review. Among 725 REITs companies, Scentre Group ranks worse than 50.76% 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 (2026-07-30), the stock price of Scentre Group is $2.45. Scentre Group's graham number for the quarter that ended in Dec. 2025 was $3.48. Therefore, Scentre Group's Price to Graham Number ratio for today is 0.70.
The historical rank and industry rank for Scentre Group's Graham Number or its related term are showing as below:
STGPF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.48 Med: 0.8 Max: 1.85
Current: 0.74
During the past 13 years, the highest Price to Graham Number ratio of Scentre Group was 1.85. The lowest was 0.48. And the median was 0.80.
STGPF's Price-to-Graham-Number is ranked worse than 50.76% of 725
companies
in the REITs industry
Industry Median: 0.73
vs STGPF: 0.74
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Scentre Group (OTCPK:STGPF) 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.
Scentre Group's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
2.45
/
3.48
=
0.70
* 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.
Scentre Group Graham Number Related Terms
Scentre Group Graham Number Historical Data
* Premium members only.
The historical data trend for Scentre Group'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.
For the REIT - Retail subindustry, Scentre Group'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.
Scentre Group Price-to-Graham-Number vs REITs Industry
For the REITs industry and Real Estate sector, Scentre Group's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Scentre Group'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.
Scentre Group (STGPF) has a Graham Number of $3.48 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Scentre Group and its competitors. This is 335% above median its historical median of 0.80. Over the past decade, Scentre Group's Graham Number has ranged from 0.48 to 1.85. According to the industry distribution chart, Scentre Group ranks #368 out of 725 companies in the REITs industry, placing it in the top 50.8%.
Is Scentre Group's Graham Number too high?
Scentre Group's current Graham Number of $3.48 is 335% above median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.85. The REITs industry median Graham Number is 0.73. Scentre Group's value of $3.48 is 376.7% above this industry median. Based on the distribution chart, Scentre Group ranks #368 out of 725 companies in the REITs industry, which is below the industry midpoint. Overall, Scentre Group has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scentre Group's Graham Number compare to SPG and O?
According to the REITs industry distribution chart, Scentre Group ranks #368 out of 725 companies for Graham Number. This places Scentre Group in the lower half of its industry. The industry median Graham Number is 0.73. Scentre Group's value of $3.48 is 376.7% above this benchmark. Historically, Scentre Group's own Graham Number has ranged from 0.48 to 1.85 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 0.73, Scentre Group has consistently been above 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 REITs company?
The median Graham Number among REITs companies is 0.73, based on 725 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. Scentre Group's current Graham Number of $3.48 is 376.7% above 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 Scentre Group and its competitors. For the REITs industry, the median Graham Number is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scentre Group's current Graham Number is $3.48, which is 335% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scentre Group stock overvalued right now?
Based on GuruFocus' analysis, Scentre Group (STGPF) is currently considered Fairly Valued. The stock's GF Value™ is $2.27, compared to a current price of $2.45 — trading 7.9% above its estimated fair value. The current Graham Number is $3.48, which is 335% above median its 10-year median of 0.80 and 376.7% above the REITs industry median of 0.73. Scentre Group's overall GF Score™ is 69/100 with 9 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 Scentre Group (STGPF), the current Graham Number is $3.48 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 Scentre Group (STGPF) Overvalued in 2026?
Based on GuruFocus' analysis, Scentre Group stock appears to be overvalued.
The current stock price of $2.45 is trading 7.9% above its estimated GF Value™ of $2.27.
GuruFocus considers Scentre Group to be Fairly Valued.
Key valuation signals for STGPF:
Graham Number: $3.48 (335% above median its 10-year median of 0.80)
GF Value™: $2.27 vs. price of $2.45 (7.9% above fair value)
Industry Position: 376.7% above the REITs median (#368 of 725)
No single metric tells the full story. See the STGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scentre Group owns the largest premium shopping center portfolio in Australia and New Zealand, operating 42 Westfield malls. This includes seven of the top 10 malls in Australia by sales turnover and four of the top five in New Zealand. Westfield centers are typically one-stop shopping destinations, each with a comprehensive range of retail, service, lifestyle, and entertainment offerings. About half the retail floorspace is leased to anchor tenants, and half to specialty tenants. The vast majority of Scentre's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
69GF Score
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