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Caribbean Cream (XJAM:KREMI) Graham Number : JMDN/A (As of . 20)


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What is Caribbean Cream 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 (2024-06-20), the stock price of Caribbean Cream is JMD3.55. Caribbean Cream's graham number for the quarter that ended in . 20 was JMDN/A. Therefore, Caribbean Cream's Price to Graham Number ratio for today is N/A.

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

XJAM:KREMI's Price-to-Graham-Number is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.27
* 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.


Caribbean Cream Graham Number Historical Data

The historical data trend for Caribbean Cream'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.

Caribbean Cream Graham Number Chart

Caribbean Cream Annual Data
Trend
Graham Number

Caribbean Cream Semi-Annual Data
Graham Number

Competitive Comparison of Caribbean Cream's Graham Number

For the Packaged Foods subindustry, Caribbean Cream'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.


Caribbean Cream's Price-to-Graham-Number Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Caribbean Cream's Price-to-Graham-Number distribution charts can be found below:

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



Caribbean Cream Graham Number Calculation

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

Caribbean Cream'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

Caribbean Cream'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.


Caribbean Cream  (XJAM:KREMI) 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.

Caribbean Cream's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: . 20 )
=3.55/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.


Caribbean Cream Graham Number Related Terms

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Caribbean Cream (XJAM:KREMI) Business Description

Traded in Other Exchanges
N/A
Address
3 South Road, Kencot, Kingston, JAM, 10
Caribbean Cream Ltd is a manufacturer and distributor of ice cream and ice cream products. The company distributes its products under the Kremi brand. Its products include ice cream, ice cream cakes and novelties.

Caribbean Cream (XJAM:KREMI) Headlines

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