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PT Bank Btpn Syariah Tbk (PT Bank Btpn Syariah Tbk) Graham Number : $0.08 (As of Dec. 2023)


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What is PT Bank Btpn Syariah Tbk 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 (2024-04-28), the stock price of PT Bank Btpn Syariah Tbk is $0.25. PT Bank Btpn Syariah Tbk's graham number for the quarter that ended in Dec. 2023 was $0.08. Therefore, PT Bank Btpn Syariah Tbk's Price to Graham Number ratio for today is 3.11.

The historical rank and industry rank for PT Bank Btpn Syariah Tbk's Graham Number or its related term are showing as below:

BTABF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.54   Med: 1.64   Max: 2.74
Current: 0.54

During the past 9 years, the highest Price to Graham Number ratio of PT Bank Btpn Syariah Tbk was 2.74. The lowest was 0.54. And the median was 1.64.

BTABF's Price-to-Graham-Number is ranked better than
62.83% of 1372 companies
in the Banks industry
Industry Median: 0.63 vs BTABF: 0.54

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


PT Bank Btpn Syariah Tbk Graham Number Historical Data

The historical data trend for PT Bank Btpn Syariah Tbk'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.

PT Bank Btpn Syariah Tbk Graham Number Chart

PT Bank Btpn Syariah Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
Get a 7-Day Free Trial Premium Member Only 0.12 0.10 0.14 0.15 -

PT Bank Btpn Syariah Tbk 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 0.16 0.16 0.14 0.11 0.08

Competitive Comparison of PT Bank Btpn Syariah Tbk's Graham Number

For the Banks - Regional subindustry, PT Bank Btpn Syariah Tbk'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.


PT Bank Btpn Syariah Tbk's Price-to-Graham-Number Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Btpn Syariah Tbk's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where PT Bank Btpn Syariah Tbk's Price-to-Graham-Number falls into.



PT Bank Btpn Syariah Tbk Graham Number Calculation

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

PT Bank Btpn Syariah Tbk'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*0.072*0)
=N/A

PT Bank Btpn Syariah Tbk'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*0.072*0.004)
=0.08

* 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.


PT Bank Btpn Syariah Tbk  (GREY:BTABF) 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.

PT Bank Btpn Syariah Tbk's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=0.25/0.08
=3.11

* 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.


PT Bank Btpn Syariah Tbk Graham Number Related Terms

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PT Bank Btpn Syariah Tbk (PT Bank Btpn Syariah Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Dr Ide Anak Agung Gde Agung Kav 5.5-5.6, Menara BTPN - CBD Mega Kuningan, Jakarta Selatan, Jakarta, IDN, 12950
PT Bank BTPN Syariah Tbk is a foreign bank that operates their business in one segment, financing using murabahah contract for the productive poor community. Its business units include BTPN Sinaya - a financing business unit, BTPN Purna Bakti - a business unit focusing to serve retirees, BTPN Mitra Usaha Rakyat - a business unit focusing on micro businesses, BTPN Mitra Bisnis - a business unit focusing on serving small and medium enterprises, BTPN Wow! - financial inclusiveness focusing on the unbanked segment, Jenius - a digital banking platform serving the consuming class segment, and the corporate business unit which focuses on serving national, multinational and Japanese companies.

PT Bank Btpn Syariah Tbk (PT Bank Btpn Syariah Tbk) Headlines

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