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Aberdeen Indonesia Fund, (Aberdeen Indonesia Fund,) Graham Number : $14.13 (As of Dec. 2017)


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What is Aberdeen Indonesia Fund, 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 (2024-04-25), the stock price of Aberdeen Indonesia Fund, is $7.13. Aberdeen Indonesia Fund,'s graham number for the quarter that ended in Dec. 2017 was $14.13. Therefore, Aberdeen Indonesia Fund,'s Price to Graham Number ratio for today is 0.50.

The historical rank and industry rank for Aberdeen Indonesia Fund,'s Graham Number or its related term are showing as below:

IF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.39   Med: 0.51   Max: 1.36
Current: 0.51

During the past 8 years, the highest Price to Graham Number ratio of Aberdeen Indonesia Fund, was 1.36. The lowest was 0.39. And the median was 0.51.

IF's Price-to-Graham-Number is not ranked
in the Asset Management industry.
Industry Median: 0.77 vs IF: 0.51

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


Aberdeen Indonesia Fund, Graham Number Historical Data

The historical data trend for Aberdeen Indonesia Fund,'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.

Aberdeen Indonesia Fund, Graham Number Chart

Aberdeen Indonesia Fund, Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Graham Number
Get a 7-Day Free Trial - 12.96 - 12.61 14.13

Aberdeen Indonesia Fund, Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 - - 12.61 13.91 14.13

Competitive Comparison of Aberdeen Indonesia Fund,'s Graham Number

For the Asset Management subindustry, Aberdeen Indonesia Fund,'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.


Aberdeen Indonesia Fund,'s Price-to-Graham-Number Distribution in the Asset Management Industry

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

* The bar in red indicates where Aberdeen Indonesia Fund,'s Price-to-Graham-Number falls into.



Aberdeen Indonesia Fund, Graham Number Calculation

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

Aberdeen Indonesia Fund,'s Graham Number for the fiscal year that ended in Dec. 2017 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*8.45*1.05)
=14.13

Aberdeen Indonesia Fund,'s Graham Number for the quarter that ended in Dec. 2017 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*8.45*1.05)
=14.13

* 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.


Aberdeen Indonesia Fund,  (AMEX:IF) 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.

Aberdeen Indonesia Fund,'s Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2017 )
=7.13/14.13
=0.50

* 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.


Aberdeen Indonesia Fund, Graham Number Related Terms

Thank you for viewing the detailed overview of Aberdeen Indonesia Fund,'s Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Aberdeen Indonesia Fund, (Aberdeen Indonesia Fund,) Business Description

Traded in Other Exchanges
N/A
Address
Aberdeen Indonesia Fund, Inc is a closed-end investment company. The fund seeks long-term capital appreciation as a primary objective and income as a secondary objective, by investing in Indonesian securities.
Executives
James Cattano director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Steven N Rappaport director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Enrique R Arzac director, officer: Chairman of the Board ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Guet Tay Kheng other: Director of Investment Manager 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Lawrence Joseph Fox director, other: Nominating Committee Chairman C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Terence Lim other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILIADELPHIA PA 19103
Joseph Andolina officer: Vice President - Compliance 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Flavia Cheong other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Hui Lin Ng other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Beverley Hendry officer: Vice President C/O ABERDEEN ASSET MANAGMENT INC., 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Lim Sock-hwei other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Bharat Joshi officer: Vice President 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Andrew Narracott other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103

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