GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Climb Global Solutions Inc (NAS:CLMB) » Definitions » Graham Number
中文

Climb Global Solutions (Climb Global Solutions) Graham Number : $17.23 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

Climb Global Solutions Definition

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 Climb Global Solutions is $66.35. Climb Global Solutions's graham number for the quarter that ended in Dec. 2023 was $17.23. Therefore, Climb Global Solutions's Price to Graham Number ratio for today is 3.85.

The historical rank and industry rank for Climb Global Solutions's Graham Number or its related term are showing as below:

CLMB' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.63   Med: 1.23   Max: 3.89
Current: 3.85

During the past 13 years, the highest Price to Graham Number ratio of Climb Global Solutions was 3.89. The lowest was 0.63. And the median was 1.23.

CLMB's Price-to-Graham-Number is ranked worse than
88.9% of 1586 companies
in the Hardware industry
Industry Median: 1.48 vs CLMB: 3.85

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


Climb Global Solutions Graham Number Historical Data

The historical data trend for Climb Global Solutions'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.

Climb Global Solutions 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 18.53 10.04 16.42 18.40 17.26

Climb Global Solutions 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 18.30 20.08 19.59 20.17 17.23

Competitive Comparison

For the Electronics & Computer Distribution subindustry, Climb Global Solutions'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.


Climb Global Solutions Price-to-Graham-Number Distribution

For the Hardware industry and Technology sector, Climb Global Solutions's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Climb Global Solutions's Price-to-Graham-Number falls into.



Climb Global Solutions Graham Number Calculation

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

Climb Global Solutions'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*4.517*2.931)
=17.26

Climb Global Solutions'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*4.517*2.921)
=17.23

* 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.


Climb Global Solutions  (NAS:CLMB) 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.

Climb Global Solutions's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=66.35/17.23
=3.85

* 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.


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.


Climb Global Solutions Graham Number Related Terms

Thank you for viewing the detailed overview of Climb Global Solutions's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Climb Global Solutions (Climb Global Solutions) Business Description

Traded in Other Exchanges
N/A
Address
4 Industrial Way West, Suite 300, Eatontown, NJ, USA, 07724
Climb Global Solutions Inc is a cloud-based, value-added IT distribution and solutions company specializing in emerging technologies. It operates across the USA, Canada, and Europe through multiple business units, including Climb Channel Solutions, Sigma, Grey Matter, Interwork, and TechXtend. The Company is organized into two reportable operating segments. The Distribution segment distributes technical software to corporate resellers, value added resellers (VARs), consultants and systems integrators under the name Climb Channel Solutions. The Solutions segment is a cloud solutions provider and value-added reseller of software, hardware and services to customers under the names Grey Matter.
Executives
Timothy Popovich officer: COO & President 715 OCEAN GATE AVE, PO BOX 523, OCEAN GATE NJ 08740
Andrew S Bryant director ARROW ELECTRONICS, INC., 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Andrew E Clark officer: Chief Financial Officer 6011 UNIVERSITY BLVD., SUITE 370, ELLICOTT CITY MD 21043
Geygan Jeffrey Richart Geygan director 1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
John R Mccarthy director 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Kimberly Boren director 18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
Gerri Gold director 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Dale Richard Foster officer: Executive VP 10900 PUMP HOUSE ROAD, ANNAPOLIS JUNCTION MD 20701
Charles Edward Bass officer: VP New Business 12427 BAYHILL DRIVE, CARMEL IN 46033
Vito Legrottaglie officer: VP Management Info Systems
Greg Scorziello director 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Matthew M Sullivan officer: CAO 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Carol Dibattiste director 1155 W FREDERICK SMALL RD, JUPITER FL 33458
Diana Kurty director C/O WAYSIDE TECHNOLOGY GROUP, 11, SHREWSBURY NJ 07702
Michael Faith director, officer: Director ONE DANIEL BURNHAM CT., #400C, SAN FRANCISCO CA 94109