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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 Veterinarska stanica d.o.o.'s Graham Number or its related term are showing as below:
XBLB:VSMD-R-A's Price-to-Graham-Number is not ranked *
in the Personal Services industry.
Industry Median: 1.13 * 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.
Veterinarska stanica d.o.o. (XBLB:VSMD-R-A) 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.
Veterinarska stanica d.o.o.'s Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: . 20 )
=
0.324
/
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.
Veterinarska stanica d.o.o. Graham Number Related Terms
Veterinarska stanica d.o.o. 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.
Veterinarska stanica d.o.o. Graham Number Chart
Veterinarska stanica d.o.o. Annual Data
Trend
Graham Number
Veterinarska stanica d.o.o. Quarterly Data
Graham Number
XBLB:VSMD-R-A vs TONJ, USNU, SPIN: Graham Number Comparison
For the Personal Services subindustry, Veterinarska stanica d.o.o.'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.
Veterinarska stanica d.o.o. Price-to-Graham-Number vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Veterinarska stanica d.o.o.'s Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Veterinarska stanica d.o.o.'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.
Veterinarska stanica d.o.o. (XBLB:VSMD-R-A) has a Graham Number of BAMN/A as of . 20. The Graham Number values a company based on its per-share earnings and book value. View historical data on Veterinarska stanica d.o.o. and its competitors.
Is Veterinarska stanica d.o.o.'s Graham Number too high?
Veterinarska stanica d.o.o.'s current Graham Number is BAMN/A.
How does Veterinarska stanica d.o.o.'s Graham Number compare to TONJ and USNU?
Veterinarska stanica d.o.o.'s Graham Number of BAMN/A can be compared against companies in the Personal Services industry. The industry median Graham Number is 1.13. 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 Personal Services company?
The median Graham Number among Personal Services companies is 1.13, based on 52 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 Veterinarska stanica d.o.o. and its competitors. For the Personal Services industry, the median Graham Number is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veterinarska stanica d.o.o.'s current Graham Number is BAMN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veterinarska stanica d.o.o. stock overvalued right now?
Veterinarska stanica d.o.o. (XBLB:VSMD-R-A) has a current Graham Number of BAMN/A. The current Graham Number is BAMN/A. 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 Veterinarska stanica d.o.o. (XBLB:VSMD-R-A), the current Graham Number is BAMN/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.
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