Plava Laguna DD (ZAG:PLAG) Graham Number: €203.86 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.

ZAG:PLAG Plava Laguna DD ZAG:PLAG
100 GF Score
Price €348.00
GF Value €363.10
Valuation Fairly Valued
! 8 Warning Signs
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What is Plava Laguna DD Graham Number?

Plava Laguna DD ZAG:PLAG +2.96% 100 Graham Number is €203.86 as of Jun. 2026. GuruFocus rates ZAG:PLAG with a GF Score™ of 100/100 and a GF Value™ of €363.10 (Fairly Valued). The stock has 8 warning signs investors should review. Among 505 Travel & Leisure companies, Plava Laguna DD ranks worse than 63.56% 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 (2026-09-09), the stock price of Plava Laguna DD is €348.00. Plava Laguna DD's graham number for the quarter that ended in Jun. 2026 was €203.86. Therefore, Plava Laguna DD's Price to Graham Number ratio for today is 1.71.

The historical rank and industry rank for Plava Laguna DD's Graham Number or its related term are showing as below:

ZAG:PLAG' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.2   Med: 6.38   Max: 20.77
Current: 1.71

During the past 13 years, the highest Price to Graham Number ratio of Plava Laguna DD was 20.77. The lowest was 1.20. And the median was 6.38.

ZAG:PLAG's Price-to-Graham-Number is ranked worse than
63.56% of 505 companies
in the Travel & Leisure industry
Industry Median: 1.23 vs ZAG:PLAG: 1.71

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Plava Laguna DD  (ZAG:PLAG) 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.

Plava Laguna DD's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=348.00/203.86
=1.71

* 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.


Plava Laguna DD Graham Number Related Terms


Plava Laguna DD Graham Number Historical Data

* Premium members only.

The historical data trend for Plava Laguna DD'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.

Plava Laguna DD Graham Number Chart

Plava Laguna DD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.84 223.26 215.28 249.00 266.09

Plava Laguna DD Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 200.80 236.97 257.29 218.04 203.86

ZAG:PLAG vs MAR, HLT, H: Graham Number Comparison

For the Lodging subindustry, Plava Laguna DD'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.


Plava Laguna DD Price-to-Graham-Number vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Plava Laguna DD's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Plava Laguna DD's Price-to-Graham-Number falls into.


ZAG:PLAG
100GF Score
Plava Laguna DD ZAG:PLAG
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Plava Laguna DD Graham Number Calculation

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

Plava Laguna DD's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*135.571*23.211)
=266.09

Plava Laguna DD's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*90.392*20.433)
=203.86

* 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 €203.86 mean?
Plava Laguna DD (ZAG:PLAG) has a Graham Number of €203.86 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Plava Laguna DD and its competitors. According to the industry distribution chart, Plava Laguna DD ranks #321 out of 505 companies in the Travel & Leisure industry, placing it in the top 63.6%.
Is Plava Laguna DD's Graham Number too high?
Plava Laguna DD's current Graham Number is €203.86. Based on the distribution chart, Plava Laguna DD ranks #321 out of 505 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Plava Laguna DD has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Plava Laguna DD's Graham Number compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Plava Laguna DD ranks #321 out of 505 companies for Graham Number. This places Plava Laguna DD in the lower half of its industry. The industry median Graham Number is 1.23. 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 Travel & Leisure company?
The median Graham Number among Travel & Leisure companies is 1.23, based on 505 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 Plava Laguna DD and its competitors. For the Travel & Leisure industry, the median Graham Number is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plava Laguna DD's current Graham Number is €203.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plava Laguna DD stock overvalued right now?
Based on GuruFocus' analysis, Plava Laguna DD (ZAG:PLAG) is currently considered Fairly Valued. The stock's GF Value™ is €363.10, compared to a current price of €348.00 — trading 4.2% below its estimated fair value. The current Graham Number is €203.86. Plava Laguna DD's overall GF Score™ is 100/100 with 8 warning signs to review. 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 Plava Laguna DD (ZAG:PLAG), the current Graham Number is €203.86 as of Jun. 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.

Is Plava Laguna DD (ZAG:PLAG) Overvalued in 2026?

Based on GuruFocus' analysis, Plava Laguna DD stock appears to be undervalued. The current stock price of €348.00 is trading 4.2% below its estimated GF Value™ of €363.10. GuruFocus considers Plava Laguna DD to be Fairly Valued.

Key valuation signals for ZAG:PLAG:

  • Graham Number: €203.86
  • GF Value™: €363.10 vs. price of €348.00 (4.2% below fair value)
  • GF Score™: 100/100 with 8 warning signs

No single metric tells the full story. See the ZAG:PLAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plava Laguna DD Business Description

Address Rade Koncara 12, Porec, HRV, HR-52440
Plava Laguna DD operates hotels, resorts, and camping. The company is engaged in providing catering and tourism services. It has two segments: Hotels and Apartments, and Campsites.
100GF Score

Get the complete analysis for ZAG:PLAG

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

€348.00
Price
€363.10
GF Value