GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Resolute Energy Corp (OTCPK:RNSGP.PFD) » Definitions » Graham Number

Resolute Energy (Resolute Energy) Graham Number : $N/A (As of Sep. 2018)


View and export this data going back to 2017. Start your Free Trial

What is Resolute Energy 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 Resolute Energy is $1296.62. Resolute Energy's graham number for the quarter that ended in Sep. 2018 was $N/A. Therefore, Resolute Energy's Price to Graham Number ratio for today is N/A.

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

During the past 11 years, the highest Price to Graham Number ratio of Resolute Energy was 3.91. The lowest was 0.00. And the median was 2.36.

RNSGP.PFD's Price-to-Graham-Number is not ranked *
in the Oil & Gas industry.
Industry Median: 0.85
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Resolute Energy Graham Number Historical Data

The historical data trend for Resolute Energy'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.

Resolute Energy Graham Number Chart

Resolute Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Resolute Energy Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 - - - - -

Competitive Comparison of Resolute Energy's Graham Number

For the Oil & Gas E&P subindustry, Resolute Energy'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.


Resolute Energy's Price-to-Graham-Number Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Resolute Energy's Price-to-Graham-Number distribution charts can be found below:

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



Resolute Energy Graham Number Calculation

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

Resolute Energy's Graham Number for the fiscal year that ended in Dec. 2017 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5**0)
=N/A

Resolute Energy's Graham Number for the quarter that ended in Sep. 2018 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5**0)
=N/A

* 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.


Resolute Energy  (OTCPK:RNSGP.PFD) 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.

Resolute Energy's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2018 )
=1296.62/N/A
=N/A

* 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.


Resolute Energy Graham Number Related Terms

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


Resolute Energy (Resolute Energy) Business Description

Traded in Other Exchanges
N/A
Address
1700 Lincoln Street, Suite 2800, Denver, CO, USA, 80203
Resolute Energy Corp is an independent oil and gas company engaged in the exploitation, development, exploration for and acquisition of oil and gas properties. The group primarily operates in Oil, Gas and Natural gas liquids division. The company's operating assets are comprised primarily of properties in the Permian Basin in west Texas and southeast New Mexico and Aneth Field located in the Paradox Basin in the southeast. Geographically all the business activities of the firm are operated through the United States of America. Resolute derives the majority of revenue from oil division.

Resolute Energy (Resolute Energy) Headlines

From GuruFocus

Resolute Energy Corporation Declares Dividend on Preferred Stock

By Marketwired Marketwired 09-20-2018

Resolute Energy Corporation Declares Dividend on Preferred Stock

By GlobeNewswire GlobeNewswire 03-22-2018

Resolute Energy Corporation Announces Exchange Offer

By Marketwired Marketwired 05-09-2018