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Phoenix Tours InternationalTPE:5706 70 Graham Number is NT$38.88 as of Mar. 2026, which is 100% below its 10-year median of 1.31. GuruFocus rates TPE:5706 with a GF Score™ of 70/100. The stock has 4 warning signs investors should review. Among 497 Travel & Leisure companies, Phoenix Tours International ranks better than 54.53% 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 Phoenix Tours International's Graham Number or its related term are showing as below:
TPE:5706'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.85 Med: 1.31 Max: 5.32
Current: 1.16
During the past 13 years, the highest Price to Graham Number ratio of Phoenix Tours International was 5.32. The lowest was 0.85. And the median was 1.31.
TPE:5706's Price-to-Graham-Number is ranked better than 54.53% of 497
companies
in the Travel & Leisure industry
Industry Median: 1.23
vs TPE:5706: 1.16
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Phoenix Tours International (TPE:5706) 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.
Phoenix Tours International's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
45.15
/
38.88
=
1.16
* 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.
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.
Phoenix Tours International Graham Number Related Terms
Phoenix Tours International 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.
TPE:5706 vs BKNG, ABNB, RCL: Graham Number Comparison
For the Travel Services subindustry, Phoenix Tours International'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.
Phoenix Tours International Price-to-Graham-Number vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Phoenix Tours International's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Phoenix Tours International'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.
Phoenix Tours International (TPE:5706) has a Graham Number of NT$38.88 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Phoenix Tours International and its competitors. This is 2868% above median its historical median of 1.31. Over the past decade, Phoenix Tours International's Graham Number has ranged from 0.85 to 5.32. According to the industry distribution chart, Phoenix Tours International ranks #226 out of 497 companies in the Travel & Leisure industry, placing it in the top 45.5%.
Is Phoenix Tours International's Graham Number too high?
Phoenix Tours International's current Graham Number of NT$38.88 is 2868% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 5.32. Based on the distribution chart, Phoenix Tours International ranks #226 out of 497 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Phoenix Tours International has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Tours International's Graham Number compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Phoenix Tours International ranks #226 out of 497 companies for Graham Number. This puts Phoenix Tours International in the upper half of its industry. The industry median Graham Number is 1.23. Historically, Phoenix Tours International's own Graham Number has ranged from 0.85 to 5.32 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 Travel & Leisure company?
The median Graham Number among Travel & Leisure companies is 1.23, based on 497 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 Phoenix Tours International and its competitors. For the Travel & Leisure industry, the median Graham Number is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Tours International's current Graham Number is NT$38.88, which is 2868% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Tours International stock overvalued right now?
Phoenix Tours International (TPE:5706) has a current Graham Number of NT$38.88. The current Graham Number is NT$38.88, which is 2868% above median its 10-year median of 1.31. Phoenix Tours International's overall GF Score™ is 70/100 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 Phoenix Tours International (TPE:5706), the current Graham Number is NT$38.88 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.
Phoenix Tours International Inc is a Taiwan-based company engaged in the tourism business. Its services include tour packages, independent travel groups, domestic and overseas sightseeing tours, meals and accommodation, and related services, providing tour guides to travelers both at home and abroad. The company also sells domestic and overseas transportation tickets as a commissioned agent, purchases domestic and overseas tickets on behalf of customers, check-in luggage, and processes entry-exit visa procedures on behalf of customers. The group has four reportable segments: Group Travel Department, Domestic Transportation Department, Air Passenger and Freight Forwarding Department, and Ticketing and other departments.
70GF Score
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