Trinidad and Tobago NGL (TRN:NGL) Graham Number: TTDN/A (As of . 20)

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.

TRN:NGL Trinidad and Tobago NGL Ltd TRN:NGL
39 GF Score
Price TTD10.50
! 1 Warning Sign
View Full Analysis

What is Trinidad and Tobago NGL Graham Number?

Trinidad and Tobago NGL TRN:NGL 39 Graham Number is TTDN/A as of . 20. GuruFocus rates TRN:NGL with a GF Score™ of 39/100. The stock has 1 warning sign investors should review. Among 623 Oil & Gas companies, Trinidad and Tobago NGL ranks worse than 160513.48% 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 (2026-08-17), the stock price of Trinidad and Tobago NGL is TTD10.50. Trinidad and Tobago NGL's graham number for the quarter that ended in . 20 was TTDN/A. Therefore, Trinidad and Tobago NGL's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Trinidad and Tobago NGL's Graham Number or its related term are showing as below:

TRN:NGL's Price-to-Graham-Number is not ranked *
in the Oil & Gas industry.
Industry Median: 1.09
* 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.


Trinidad and Tobago NGL  (TRN:NGL) 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.

Trinidad and Tobago NGL's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: . 20 )
=10.50/N/A
=N/A

* 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.


Trinidad and Tobago NGL Graham Number Related Terms


Trinidad and Tobago NGL Graham Number Historical Data

* Premium members only.

The historical data trend for Trinidad and Tobago NGL'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.

Trinidad and Tobago NGL Graham Number Chart

Trinidad and Tobago NGL Annual Data
Trend
Graham Number

Trinidad and Tobago NGL Semi-Annual Data
Graham Number

TRN:NGL vs : Graham Number Comparison

For the Oil & Gas Midstream subindustry, Trinidad and Tobago NGL'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.


Trinidad and Tobago NGL Price-to-Graham-Number vs Oil & Gas Industry

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

* The bar in red indicates where Trinidad and Tobago NGL's Price-to-Graham-Number falls into.


TRN:NGL
39GF Score
Trinidad and Tobago NGL Ltd TRN:NGL
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trinidad and Tobago NGL Graham Number Calculation

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

Trinidad and Tobago NGL's Graham Number for the fiscal year that ended in . 20 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5**)
=N/A

Trinidad and Tobago NGL's Graham Number for the quarter that ended in . 20 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5**)
=N/A

* 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 TTDN/A mean?
Trinidad and Tobago NGL (TRN:NGL) has a Graham Number of TTDN/A as of . 20. The Graham Number values a company based on its per-share earnings and book value. View historical data on Trinidad and Tobago NGL and its competitors. According to the industry distribution chart, Trinidad and Tobago NGL ranks #999999 out of 623 companies in the Oil & Gas industry.
Is Trinidad and Tobago NGL's Graham Number too high?
Trinidad and Tobago NGL's current Graham Number is TTDN/A. Based on the distribution chart, Trinidad and Tobago NGL ranks #999999 out of 623 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Trinidad and Tobago NGL has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Trinidad and Tobago NGL's Graham Number compare to ?
According to the Oil & Gas industry distribution chart, Trinidad and Tobago NGL ranks #999999 out of 623 companies for Graham Number. This places Trinidad and Tobago NGL in the lower half of its industry. The industry median Graham Number is 1.09. 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 Oil & Gas company?
The median Graham Number among Oil & Gas companies is 1.09, based on 623 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 Trinidad and Tobago NGL and its competitors. For the Oil & Gas industry, the median Graham Number is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trinidad and Tobago NGL's current Graham Number is TTDN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trinidad and Tobago NGL stock overvalued right now?
Trinidad and Tobago NGL (TRN:NGL) has a current Graham Number of TTDN/A. The current Graham Number is TTDN/A. Trinidad and Tobago NGL's overall GF Score™ is 39/100 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 Trinidad and Tobago NGL (TRN:NGL), the current Graham Number is TTDN/A as of . 20. 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.

Trinidad and Tobago NGL Business Description

Industry EnergyOil & Gas
Comparable Companies
Address Orinoco Drive, Point Lisas Industrial Estate, Point Lisas, Couva, TTO
Trinidad and Tobago NGL Ltd along with Phoenix Park Gas Processors Ltd operates in the midstream of the natural gas-based energy sector. The company purchases, transmits, sells, and distributes natural gas to industrial and commercial users.
39GF Score

Get the complete analysis for TRN:NGL

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

TTD10.50
Price