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Cracker Barrel Old Country Store (Cracker Barrel Old Country Store) Graham Number : $45.85 (As of Jan. 2024)


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What is Cracker Barrel Old Country Store 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 Cracker Barrel Old Country Store is $61.07. Cracker Barrel Old Country Store's graham number for the quarter that ended in Jan. 2024 was $45.85. Therefore, Cracker Barrel Old Country Store's Price to Graham Number ratio for today is 1.33.

The historical rank and industry rank for Cracker Barrel Old Country Store's Graham Number or its related term are showing as below:

CBRL' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.32   Med: 2.27   Max: 5.78
Current: 1.33

During the past 13 years, the highest Price to Graham Number ratio of Cracker Barrel Old Country Store was 5.78. The lowest was 1.32. And the median was 2.27.

CBRL's Price-to-Graham-Number is ranked better than
70.94% of 203 companies
in the Restaurants industry
Industry Median: 1.92 vs CBRL: 1.33

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


Cracker Barrel Old Country Store Graham Number Historical Data

The historical data trend for Cracker Barrel Old Country Store'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.

Cracker Barrel Old Country Store Graham Number Chart

Cracker Barrel Old Country Store Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.42 - 44.19 52.73 50.32

Cracker Barrel Old Country Store Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 47.88 46.85 48.36 45.77 45.85

Competitive Comparison of Cracker Barrel Old Country Store's Graham Number

For the Restaurants subindustry, Cracker Barrel Old Country Store'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.


Cracker Barrel Old Country Store's Price-to-Graham-Number Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Cracker Barrel Old Country Store's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Cracker Barrel Old Country Store's Price-to-Graham-Number falls into.



Cracker Barrel Old Country Store Graham Number Calculation

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

Cracker Barrel Old Country Store's Graham Number for the fiscal year that ended in Jul. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*20.57*5.47)
=50.32

Cracker Barrel Old Country Store's Graham Number for the quarter that ended in Jan. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*19.494*4.793)
=45.85

* 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.


Cracker Barrel Old Country Store  (NAS:CBRL) 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.

Cracker Barrel Old Country Store's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jan. 2024 )
=61.07/45.85
=1.33

* 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.


Cracker Barrel Old Country Store Graham Number Related Terms

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Cracker Barrel Old Country Store (Cracker Barrel Old Country Store) Business Description

Traded in Other Exchanges
Address
305 Hartmann Drive, Lebanon, TN, USA, 37087-4779
Cracker Barrel Old Country Store Inc operates hundreds of full-service restaurants throughout the United States. Its restaurants are open for breakfast, lunch, and dinner, with menus that offer home-style country food. Cracker Barrel's biggest input costs are beef, dairy, fruits and vegetables, pork, and poultry. The company purchases its food products from a few different vendors on a cost-plus basis. All restaurants are located in freestanding buildings and include gift shops, which contribute roughly one fourth of total company revenue. Apparel and accessories are the company's biggest revenue generators in the retail segment of the business.
Executives
Sandra B Cochran officer: Executive VP & CFO 305 HARTMANN DRIVE, LEBANON TN 37087
Julie D. Masino officer: CEO-elect C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Jim Mark Spurgin officer: SVP Chief Supply Chain Officer 305 S. HARTMANN DRIVE, LEBANON TN 37087
William W. Moreton director 3630 SOUTH GEYER ROAD, SUITE 100, ST LOUIS MO 63127
Jody L Bilney director 2202 NORTH WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Cammie Schaefer officer: SVP Operations 305 HARTMANN DR, LEBANON TN 37087
Craig Pommells officer: SVP & CFO 305 HARTMANN DR, LEBANON TN 37087
Donna Roberts officer: SVP, Chief HR Officer 305 HARTMANN DR, LEBANON TN 37087
Darryl L Wade director 1208 SHARON PLACE, WINTER PARK FL 32789
Bruce Hoffmeister officer: SVP, Chief Information Officer 8546 ROBERTS ROAD, ELLICOTT CITY MD 21043
Gisel Ruiz director C/O VITAL FARMS, INC., 3601 SOUTH CONGRESS AVENUE, SUITE C100, AUSTIN TX 78704
Jennifer Tate officer: SVP & CMO 305 HARTMANN DRIVE, LEBANON TN 37087
Gilbert Raymond Davila director 15838 SEVILLE LANE, ENCINO CA 91436
Carl T Berquist director C/O MARRIOTT INTERNATONAL INC, 10400 FERNWOOD ROAD, BETHESDA MD 20817
Kara Jacobs officer: VP, Controller & PAO 305 HARTMANN DR, LEBANON TN 37087

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