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Bluegreen Vacations Holding (Bluegreen Vacations Holding) Graham Number : $28.91 (As of Sep. 2023)


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What is Bluegreen Vacations Holding 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 Bluegreen Vacations Holding is $75.00. Bluegreen Vacations Holding's graham number for the quarter that ended in Sep. 2023 was $28.91. Therefore, Bluegreen Vacations Holding's Price to Graham Number ratio for today is 2.59.

The historical rank and industry rank for Bluegreen Vacations Holding's Graham Number or its related term are showing as below:

BVH' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.22   Med: 0.81   Max: 6.79
Current: 2.59

During the past 13 years, the highest Price to Graham Number ratio of Bluegreen Vacations Holding was 6.79. The lowest was 0.22. And the median was 0.81.

BVH's Price-to-Graham-Number is not ranked
in the Travel & Leisure industry.
Industry Median: 1.425 vs BVH: 2.59

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


Bluegreen Vacations Holding Graham Number Historical Data

The historical data trend for Bluegreen Vacations Holding'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.

Bluegreen Vacations Holding Graham Number Chart

Bluegreen Vacations Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.86 - - 23.45 22.54

Bluegreen Vacations Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 27.11 22.51 23.25 26.92 28.91

Competitive Comparison of Bluegreen Vacations Holding's Graham Number

For the Resorts & Casinos subindustry, Bluegreen Vacations Holding'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.


Bluegreen Vacations Holding's Price-to-Graham-Number Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bluegreen Vacations Holding's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Bluegreen Vacations Holding's Price-to-Graham-Number falls into.



Bluegreen Vacations Holding Graham Number Calculation

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

Bluegreen Vacations Holding's Graham Number for the fiscal year that ended in Dec. 2022 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*6.972*3.24)
=22.54

Bluegreen Vacations Holding's Graham Number for the quarter that ended in Sep. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*10.01*3.71)
=28.91

* 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.


Bluegreen Vacations Holding  (NYSE:BVH) 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.

Bluegreen Vacations Holding's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2023 )
=75.00/28.91
=2.59

* 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.


Bluegreen Vacations Holding Graham Number Related Terms

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


Bluegreen Vacations Holding (Bluegreen Vacations Holding) Business Description

Traded in Other Exchanges
Address
4960 Conference Way North, Suite 100, Boca Raton, FL, USA, 33431
Bluegreen Vacations Holding Corp is a vacation ownership company that markets and sells vacation ownership interests (VOIs) & manages resorts in popular leisure and urban destinations. The firm operates in two segments: Sales of VOIs and financing & Resort Operations and Club Management. The majority is from the Sales of VOIs and financing segment. The Sales of VOIs and Financing segment includes the Company's marketing and sales activities related to the VOIs that are owned by the Company, VOIs acquired under just-in-time and secondary market inventory arrangements, or sales of VOIs through fee-for-service arrangements with third-party developers, as well as consumer financing activities in connection with sales of VOIs owned by the Company, and title services operations.
Executives
John E Abdo director, 10 percent owner, officer: Vice Chairman of the Board P. O. BOX 39000, FT LAUDERDALE FL 33303
Alan B Levan director, 10 percent owner, officer: Chairman of the Bd/President P. O. BOX 39000, FT LAUDERDALE FL 33303
De La Osa Jorge officer: EVP, Chief Legal 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Dusty Tonkin officer: EVP, Chief Sales Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Mark Nerenhausen director 1221 MT CURVE AVE, MINNEAPOLIS MN 55403
Ahmad M Wardak officer: EVP, Chief Brand Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Chanse W Rivera officer: EVP and CIO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Arnold Sevell director 4960 CONFERENCE WAY N, SUITE 100, BOCA RATON FL 33431
Allmand James R Iii director PO BOX 267068, WESTON FL 33326
Orlando Sharpe director C/O SHARPE PROJECT DEVELOPMENTS, INC., 1212 S. ANDREWS AVE., STE. 203, FORT LAUDERDALE FL 33316
Lawrence A Cirillo director 755 SATURN STREET, APT I 104, JUPITER FL 33477
Gregory Adam Haile director 401 EAST LAS OLAS BLVD SUITE 800, FORT LAUDERDALE FL 33301
Cagnetta Andrew R. Jr. director 401 EAST LAS OLAS BOULEVARD, SUITE 800, FORT LAUDERDALE FL 33301
Brett Sheppard officer: Chief Accounting Officer 201 EAST LAS OLAS BOULEVARD, SUITE 1900, FORT LAUDERDALE FL 33301
Winningham Charlie C Ii director P. O. BOX 39001, FT LAUDERDALE FL 33303

Bluegreen Vacations Holding (Bluegreen Vacations Holding) Headlines