SOHO Development (WAR:SHD) Graham Number: złN/A (As of Mar. 2026)

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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.
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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.

WAR:SHD SOHO Development SA WAR:SHD
36 GF Score
Price zł0.12
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What is SOHO Development Graham Number?

SOHO Development WAR:SHD +2.56% 36 Graham Number is złN/A as of Mar. 2026. GuruFocus rates WAR:SHD with a GF Score™ of 36/100. Among 1,173 Asset Management companies, SOHO Development ranks worse than 85251.41% 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 (2026-08-06), the stock price of SOHO Development is zł0.12. SOHO Development's graham number for the quarter that ended in Mar. 2026 was złN/A. Therefore, SOHO Development's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for SOHO Development's Graham Number or its related term are showing as below:

During the past 13 years, the highest Price to Graham Number ratio of SOHO Development was 1.27. The lowest was 0.11. And the median was 0.38.

WAR:SHD's Price-to-Graham-Number is not ranked *
in the Asset Management industry.
Industry Median: 0.7
* 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.


SOHO Development  (WAR:SHD) 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.

SOHO Development's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.12/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.


SOHO Development Graham Number Related Terms


SOHO Development Graham Number Historical Data

* Premium members only.

The historical data trend for SOHO Development'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.

SOHO Development Graham Number Chart

SOHO Development Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SOHO Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

WAR:SHD vs BLK, BX, KKR: Graham Number Comparison

For the Asset Management subindustry, SOHO Development'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.


SOHO Development Price-to-Graham-Number vs Asset Management Industry

For the Asset Management industry and Financial Services sector, SOHO Development's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where SOHO Development's Price-to-Graham-Number falls into.


WAR:SHD
36GF Score
SOHO Development SA WAR:SHD
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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SOHO Development Graham Number Calculation

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

SOHO Development's Graham Number for the fiscal year that ended in Sep. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.186*-0.019)
=N/A

SOHO Development's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.141*-0.019)
=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 złN/A mean?
SOHO Development (WAR:SHD) has a Graham Number of złN/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on SOHO Development and its competitors. Over the past decade, SOHO Development's Graham Number has ranged from 0.11 to 1.27. According to the industry distribution chart, SOHO Development ranks #999999 out of 1173 companies in the Asset Management industry.
Is SOHO Development's Graham Number too high?
SOHO Development's current Graham Number is złN/A. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.27. Based on the distribution chart, SOHO Development ranks #999999 out of 1173 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, SOHO Development has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does SOHO Development's Graham Number compare to BLK and BX?
According to the Asset Management industry distribution chart, SOHO Development ranks #999999 out of 1173 companies for Graham Number. This places SOHO Development in the lower half of its industry. The industry median Graham Number is 0.70. Historically, SOHO Development's own Graham Number has ranged from 0.11 to 1.27 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 an Asset Management company?
The median Graham Number among Asset Management companies is 0.70, based on 1,173 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 SOHO Development and its competitors. For the Asset Management industry, the median Graham Number is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SOHO Development's current Graham Number is złN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOHO Development stock overvalued right now?
SOHO Development (WAR:SHD) has a current Graham Number of złN/A. The current Graham Number is złN/A. SOHO Development's overall GF Score™ is 36/100. 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 SOHO Development (WAR:SHD), the current Graham Number is złN/A 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.

SOHO Development Business Description

Address ul. Smocza 27, Warszawa, POL, 01-048
SOHO Development SA is a Poland based company which operates as an investment company. The company's long-term plan is to focus on property development based on its land bank and the sale of non-strategic assets.
36GF Score

Get the complete analysis for WAR:SHD

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

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