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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.
XTUN:BTE's Price-to-Graham-Number is not ranked *
in the Banks industry.
Industry Median: 0.8 * 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.
Banque De Tunisie & Des Emirats d'Investissement (XTUN:BTE) 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.
Banque De Tunisie & Des Emirats d'Investissement's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: . 20 )
=
6.50
/
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.
Banque De Tunisie & Des Emirats d'Investissement Graham Number Related Terms
Banque De Tunisie & Des Emirats d'Investissement 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.
Banque De Tunisie & Des Emirats d'Investissement Graham Number Chart
Banque De Tunisie & Des Emirats d'Investissement Annual Data
Trend
Graham Number
Banque De Tunisie & Des Emirats d'Investissement Semi-Annual Data
Graham Number
Banque De Tunisie & Des Emirats d'Investissement Graham Number Competitor Comparison
For the Banks - Regional subindustry, Banque De Tunisie & Des Emirats d'Investissement'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.
Banque De Tunisie & Des Emirats d'Investissement Price-to-Graham-Number vs Banks Industry
* 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.
Banque De Tunisie & Des Emirats d'Investissement (XTUN:BTE) has a Graham Number of TNDN/A as of . 20. The Graham Number values a company based on its per-share earnings and book value. View historical data on Banque De Tunisie & Des Emirats d'Investissement and its competitors. According to the industry distribution chart, Banque De Tunisie & Des Emirats d'Investissement ranks #999999 out of 1425 companies in the Banks industry.
Is Banque De Tunisie & Des Emirats d'Investissement's Graham Number too high?
Banque De Tunisie & Des Emirats d'Investissement's current Graham Number is TNDN/A. Based on the distribution chart, Banque De Tunisie & Des Emirats d'Investissement ranks #999999 out of 1425 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Banque De Tunisie & Des Emirats d'Investissement has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Banque De Tunisie & Des Emirats d'Investissement's Graham Number compare to competitors?
According to the Banks industry distribution chart, Banque De Tunisie & Des Emirats d'Investissement ranks #999999 out of 1425 companies for Graham Number. This places Banque De Tunisie & Des Emirats d'Investissement in the lower half of its industry. The industry median Graham Number is 0.80. 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 Banks company?
The median Graham Number among Banks companies is 0.80, based on 1,425 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 Banque De Tunisie & Des Emirats d'Investissement and its competitors. For the Banks industry, the median Graham Number is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banque De Tunisie & Des Emirats d'Investissement's current Graham Number is TNDN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banque De Tunisie & Des Emirats d'Investissement stock overvalued right now?
Banque De Tunisie & Des Emirats d'Investissement (XTUN:BTE) has a current Graham Number of TNDN/A. The current Graham Number is TNDN/A. Banque De Tunisie & Des Emirats d'Investissement's overall GF Score™ is 30/100. 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 Banque De Tunisie & Des Emirats d'Investissement (XTUN:BTE), the current Graham Number is TNDN/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.
Banque De Tunisie & Des Emirats d'Investissement SA is engaged in various commercial banking products to businesses, professionals and individuals. It offers saving account, current account. Its services include xpress money for immediate cash transfers, SMS notification, mobile banking, leasing and remote banking services.
30GF Score
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