GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ebang International Holdings Inc (STU:7EBA) » Definitions » Graham Number

Ebang International Holdings (STU:7EBA) Graham Number : €N/A (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Ebang International Holdings 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 (2024-05-13), the stock price of Ebang International Holdings is €7.25. Ebang International Holdings's graham number for the quarter that ended in Dec. 2023 was €N/A. Therefore, Ebang International Holdings's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Ebang International Holdings's Graham Number or its related term are showing as below:

During the past 6 years, the highest Price to Graham Number ratio of Ebang International Holdings was 0.88. The lowest was 0.88. And the median was 0.88.

STU:7EBA's Price-to-Graham-Number is not ranked *
in the Hardware industry.
Industry Median: 1.53
* 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.


Ebang International Holdings Graham Number Historical Data

The historical data trend for Ebang International Holdings'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.

Ebang International Holdings Graham Number Chart

Ebang International Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
Get a 7-Day Free Trial - - 30.96 - -

Ebang International Holdings Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 30.39 18.67 - - -

Competitive Comparison of Ebang International Holdings's Graham Number

For the Computer Hardware subindustry, Ebang International Holdings'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.


Ebang International Holdings's Price-to-Graham-Number Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ebang International Holdings's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Ebang International Holdings's Price-to-Graham-Number falls into.



Ebang International Holdings Graham Number Calculation

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

Ebang International Holdings'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*40.518*-4.741)
=N/A

Ebang International Holdings'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*40.518*-4.754)
=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.


Ebang International Holdings  (STU:7EBA) 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.

Ebang International Holdings's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=7.25/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.


Ebang International Holdings Graham Number Related Terms

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


Ebang International Holdings (STU:7EBA) Business Description

Traded in Other Exchanges
Address
No. 20-02B, 12 Marina View, Asia Square Tower 2, Singapore, SGP, 018961
Ebang International Holdings Inc is an application-specific integrated circuit, or ASIC, chip design company and a manufacturer of high-performance Bitcoin mining machines. The company's Ebit E10 model, is a commercial mining machine that uses 10 nm ASIC chips among other mining machine producers. It operates in a single segment selling Bitcoin mining machines and related accessories, telecommunications products and provision of management and maintenance services.

Ebang International Holdings (STU:7EBA) Headlines

No Headlines