GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Urals Energy PCL (STU:U5S1) » Definitions » Graham Number

Urals Energy PCL (STU:U5S1) Graham Number : €8.94 (As of Jun. 2018)


View and export this data going back to 2006. Start your Free Trial

What is Urals Energy PCL 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 (2024-09-21), the stock price of Urals Energy PCL is €0.352. Urals Energy PCL's graham number for the quarter that ended in Jun. 2018 was €8.94. Therefore, Urals Energy PCL's Price to Graham Number ratio for today is 0.04.

The historical rank and industry rank for Urals Energy PCL's Graham Number or its related term are showing as below:

STU:U5S1's Price-to-Graham-Number is not ranked *
in the Oil & Gas industry.
Industry Median: 0.82
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Urals Energy PCL Graham Number Historical Data

The historical data trend for Urals Energy PCL'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.

Urals Energy PCL Graham Number Chart

Urals Energy PCL Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 7.96 10.48

Urals Energy PCL Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 - 7.86 5.44 10.47 8.94

Competitive Comparison of Urals Energy PCL's Graham Number

For the Oil & Gas E&P subindustry, Urals Energy PCL'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.


Urals Energy PCL's Price-to-Graham-Number Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Urals Energy PCL's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Urals Energy PCL's Price-to-Graham-Number falls into.



Urals Energy PCL Graham Number Calculation

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

Urals Energy PCL's Graham Number for the fiscal year that ended in Dec. 2017 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*5.113*0.955)
=10.48

Urals Energy PCL's Graham Number for the quarter that ended in Jun. 2018 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*4.639*0.766)
=8.94

* 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.


Urals Energy PCL  (STU:U5S1) 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.

Urals Energy PCL's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2018 )
=0.352/8.94
=0.04

* 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.


Urals Energy PCL Graham Number Related Terms

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


Urals Energy PCL Business Description

Traded in Other Exchanges
N/A
Address
3 Menandrou Street, Glafkos Tower, Office 501, 5th Floor, Nicosia, CYP, 1066
Urals Energy PCL is a Cyprus-based holding company. The company along with its subsidiaries are primarily engaged in oil and gas exploration and production in the Russian Federation and processing of crude oil for distribution on both the Russian and international markets. It has only one reportable segment: Crude Oil Exploration and Production. It derives the majority of its revenue from petroleum (refined) products. Urals Energy's main exploration and production operations are on the Kolguyev Island based in Timan Pechora and on Sakhalin Island.

Urals Energy PCL Headlines

No Headlines