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International Parkside Products (TSXV:IPD) Graham Number : C$N/A (As of Apr. 2024)


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What is International Parkside Products 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 (2024-09-22), the stock price of International Parkside Products is C$0.04. International Parkside Products's graham number for the quarter that ended in Apr. 2024 was C$N/A. Therefore, International Parkside Products's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for International Parkside Products's Graham Number or its related term are showing as below:

During the past 13 years, the highest Price to Graham Number ratio of International Parkside Products was 2.00. The lowest was 0.43. And the median was 0.79.

TSXV:IPD's Price-to-Graham-Number is not ranked *
in the Chemicals industry.
Industry Median: 1.35
* 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.


International Parkside Products Graham Number Historical Data

The historical data trend for International Parkside Products'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.

International Parkside Products Graham Number Chart

International Parkside Products Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.09 - -

International Parkside Products Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 Premium Member Only - - - - -

Competitive Comparison of International Parkside Products's Graham Number

For the Specialty Chemicals subindustry, International Parkside Products'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.


International Parkside Products's Price-to-Graham-Number Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Parkside Products's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where International Parkside Products's Price-to-Graham-Number falls into.



International Parkside Products Graham Number Calculation

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

International Parkside Products's Graham Number for the fiscal year that ended in Jul. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.019*-0.02)
=N/A

International Parkside Products's Graham Number for the quarter that ended in Apr. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.017*-0.012)
=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.


International Parkside Products  (TSXV:IPD) 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.

International Parkside Products's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Apr. 2024 )
=0.04/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.


International Parkside Products Graham Number Related Terms

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


International Parkside Products Business Description

Traded in Other Exchanges
N/A
Address
304 – 788 Beatty Street, Vancouver, BC, CAN, V6B 2M1
International Parkside Products Inc through its subsidiaries is engaged in the business of producing and marketing optical and screen cleaning products. It uses patented carbon black and LCF technology for international distribution. It offers optical lens cleaning devices such as LensPen, PEEPS, DigiKlear, Mini-Pro, Mini-Pro II, MicroPro, Smartphone camera cleaner, Laptop Pro, ScreenKlean, FilterKlear, DSLR Pro Kit, SensorKlear, SensorKlear Loupe Kit, SmartKlear, HunterPro Kits, Outdoor Pro Kits, FogKlear, Photo Pro Kits, Hurricane blower, and Microfiber cloth. The company sells its product globally including North America which generates the majority of its revenue, Europe, Japan, Asia, Russia, Australia/New Zealand other countries.
Executives
Murray Keating 10% Security Holder

International Parkside Products Headlines

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