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Oxford Industries (Oxford Industries) Graham Number : $39.10 (As of Jan. 2024)


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What is Oxford Industries 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 (2024-04-27), the stock price of Oxford Industries is $106.71. Oxford Industries's graham number for the quarter that ended in Jan. 2024 was $39.10. Therefore, Oxford Industries's Price to Graham Number ratio for today is 2.73.

The historical rank and industry rank for Oxford Industries's Graham Number or its related term are showing as below:

OXM' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.42   Med: 2.21   Max: 2.76
Current: 2.73

During the past 13 years, the highest Price to Graham Number ratio of Oxford Industries was 2.76. The lowest was 1.42. And the median was 2.21.

OXM's Price-to-Graham-Number is ranked worse than
83.7% of 687 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.16 vs OXM: 2.73

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


Oxford Industries Graham Number Historical Data

The historical data trend for Oxford Industries'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.

Oxford Industries Graham Number Chart

Oxford Industries Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.22 - 58.16 46.66 61.29

Oxford Industries 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 47.23 55.69 58.49 57.62 39.10

Competitive Comparison of Oxford Industries's Graham Number

For the Apparel Manufacturing subindustry, Oxford Industries'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.


Oxford Industries's Price-to-Graham-Number Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Oxford Industries's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Oxford Industries's Price-to-Graham-Number falls into.



Oxford Industries Graham Number Calculation

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

Oxford Industries's Graham Number for the fiscal year that ended in Jan. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*17.379*9.606)
=61.29

Oxford Industries'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*17.379*3.91)
=39.10

* 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.


Oxford Industries  (NYSE:OXM) 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.

Oxford Industries's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jan. 2024 )
=106.71/39.10
=2.73

* 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.


Oxford Industries Graham Number Related Terms

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


Oxford Industries (Oxford Industries) Business Description

Traded in Other Exchanges
Address
999 Peachtree Street, Northeast, Suite 688, Atlanta, GA, USA, 30309
Oxford Industries Inc is an apparel manufacturing company that designs, sources, markets, and distributes products under the brand name called Tommy Bahama, and Lilly Pulitzer. Tommy Bahama designs, sources, markets and distributes men's and women's sportswear and related products. Lilly Pulitzer designs, sources, markets and distributes upscale collections of women's and girl's dresses, sportswear and related products. The company generates a majority of its revenue from the Tommy Bahama division.
Executives
Dennis M Love director TEN PEACHTREE PLACE, DEPT. 1466, ATLANTA GA 30309
Scott Grassmyer officer: SVP and CFO 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Chubb Thomas Caldecot Iii director, officer: CEO and PRESIDENT 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Stephen S Lanier director 999 PEACHTREE STREET, NE, SUITE 688, ATLANTA GA 30309
Carol B Yancey director 2999 CIRCLE 75 PKWY, ATLANTA GA 30339
Robert S. Trauber officer: CEO Johnny Was 999 PEACHTREE STREET NE, SUITE 688, ATLANTA GA 30309
Tracey Hernandez officer: SVP & CHRO 999 PEACHTREE STREET NE, SUITE 688, ATLANTA GA 30309
Thomas E Campbell officer: General Counsel 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Howard James Wesley Jr officer: PRESIDENT, LANIER CLOTHES 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
John R Holder director 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Milford W Mcguirt director 3400 CUMBERLAND BOULEVARD, ATLANTA GA 30339
Clyde C Tuggle director
Suraj A Palakshappa officer: General Counsel 999 PEACHTREE STREET NE, SUITE 688, ATLANTA GA 30309
Virginia A Hepner director 415 EAST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Michelle M Kelly officer: President Lilly Pulitzer 999 PEACHTREE STREET, NE, SUITE 688, ATLANTA GA 30309