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Income Opportunity Realty Investors (Income Opportunity Realty Investors) Graham Number : $32.85 (As of Dec. 2023)


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What is Income Opportunity Realty Investors 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 (2024-04-24), the stock price of Income Opportunity Realty Investors is $16.47. Income Opportunity Realty Investors's graham number for the quarter that ended in Dec. 2023 was $32.85. Therefore, Income Opportunity Realty Investors's Price to Graham Number ratio for today is 0.50.

The historical rank and industry rank for Income Opportunity Realty Investors's Graham Number or its related term are showing as below:

IOR' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.41   Med: 0.52   Max: 0.85
Current: 0.5

During the past 13 years, the highest Price to Graham Number ratio of Income Opportunity Realty Investors was 0.85. The lowest was 0.41. And the median was 0.52.

IOR's Price-to-Graham-Number is ranked better than
67.23% of 1373 companies
in the Banks industry
Industry Median: 0.62 vs IOR: 0.50

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


Income Opportunity Realty Investors Graham Number Historical Data

The historical data trend for Income Opportunity Realty Investors'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.

Income Opportunity Realty Investors Graham Number Chart

Income Opportunity Realty Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.15 23.86 22.40 23.84 32.95

Income Opportunity Realty Investors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.84 25.19 28.17 29.46 32.85

Competitive Comparison of Income Opportunity Realty Investors's Graham Number

For the Mortgage Finance subindustry, Income Opportunity Realty Investors'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.


Income Opportunity Realty Investors's Price-to-Graham-Number Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Income Opportunity Realty Investors's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Income Opportunity Realty Investors's Price-to-Graham-Number falls into.



Income Opportunity Realty Investors Graham Number Calculation

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

Income Opportunity Realty Investors's Graham Number for the fiscal year that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*28.724*1.68)
=32.95

Income Opportunity Realty Investors's Graham Number for the quarter that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*28.724*1.67)
=32.85

* 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.


Income Opportunity Realty Investors  (AMEX:IOR) 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.

Income Opportunity Realty Investors's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=16.47/32.85
=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.


Income Opportunity Realty Investors Graham Number Related Terms

Thank you for viewing the detailed overview of Income Opportunity Realty Investors's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Income Opportunity Realty Investors (Income Opportunity Realty Investors) Business Description

Traded in Other Exchanges
N/A
Address
1603 LBJ Freeway, Suite 800, Dallas, TX, USA, 75234
Income Opportunity Realty Investors Inc is a U.S.-based company that is engaged in investing in real estate and financing real estate and real estate-related activities through investments in mortgage loans. The principal business activity of the company is investing in equity interests in real estate through direct equity investments and partnerships and financing real estate and real estate-related activities through investments in mortgage loans. The company's real estate is located in the southwest region of the continental United States.
Executives
Rl S Lemke director, officer: Vice President 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Transcontinental Realty Investors Inc 10 percent owner 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Gene S Bertcher officer: EVP & Chief Acctg. Officer 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
David R. Fletcher officer: EVP & CFO C/O SOC TELEMED, INC., 1768 BUSINESS CENTER DRIVE, SUITE 100, RESTON VA 20190
Daniel J Moos officer: President & COO 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Martha C Stephens director 248 SIMMONS, DRIVE, COPPELL TX 75019
Reagan K Vidal officer: Ex VP Mg Dir Capital Markets 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Alfred Crozier officer: EVP 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Robert Neil Crouch director 1755 WITTINGTON PLACE, SUITE 340, DALLAS TX 75234
Canon James D Iii officer: Exec. V.P.-Multi-Family Const. 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Income Opportunity Realty Investors Inc /tx/ officer: Exec.V.P.-Multi-Family Const 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Steven A Abney director 225 NE MIZNER BLVD STE 200, BOCA RATON FL 33432
Jay C Lowenberg officer: Executive VP & CFO 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Ronald E Kimbrough officer: Executive VP & CFO 1800 VALLEY VIEW LANE, DALLAS TX 75234
Syntek Acquisition Corp. 10 percent owner 1755 WITTINGTON, DALLAS TX 75234

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