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Invesco Seniorome Trust (NYSE:VVR) Graham Number

: $N/A (As of Aug. 2022)
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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 (2023-01-28), the stock price of Invesco Seniorome Trust is $3.96. Invesco Seniorome Trust's graham number for the quarter that ended in Aug. 2022 was $N/A. Therefore, Invesco Seniorome Trust's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Invesco Seniorome Trust's Graham Number or its related term are showing as below:

During the past 5 years, the highest Price to Graham Number ratio of Invesco Seniorome Trust was 1.41. The lowest was 0.51. And the median was 0.88.

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


Invesco Seniorome Trust Graham Number Historical Data

The historical data trend for Invesco Seniorome Trust'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.

Invesco Seniorome Trust Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22
Graham Number
5.04 3.88 3.06 4.76 5.74

Invesco Seniorome Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22
Graham Number Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 4.76 8.60 5.74 -

Competitive Comparison

For the Asset Management subindustry, Invesco Seniorome Trust's Graham Number, along with its competitors' market caps and 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.

   

Invesco Seniorome Trust Graham Number Distribution

For the Asset Management industry and Financial Services sector, Invesco Seniorome Trust's Graham Number distribution charts can be found below:

* The bar in red indicates where Invesco Seniorome Trust's Graham Number falls in comparison to its industry or sector. The grey bar indicates the Graham Number's extreme value range as defined by GuruFocus.



Invesco Seniorome Trust Graham Number Calculation

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

Invesco Seniorome Trust's Graham Number for the fiscal year that ended in Feb. 2022 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*4.583*0.32)
=5.74

Invesco Seniorome Trust's Graham Number for the quarter that ended in Aug. 2022 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*4.274*-0.1)
=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.


Invesco Seniorome Trust  (NYSE:VVR) 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.

Invesco Seniorome Trust's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Aug. 2022 )
=3.96/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.


Invesco Seniorome Trust Graham Number Related Terms

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


Invesco Seniorome Trust (NYSE:VVR) Business Description

Invesco Seniorome Trust logo
Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Invesco Senior Income Trust is a diversified, closed-end management investment company. The investment objective of the company is to provide a high level of current income, consistent with the preservation of capital. The company invests primarily in a portfolio of interests in floating or variable senior loans to corporations, partnerships, and other entities which operate in a variety of industries and geographic regions. It invests in various sectors such as business equipment and services, telecommunications, cable and satellite television, healthcare, chemicals and plastics, utilities, lodging and casinos, and others.
Executives
Vacheron Terry officer: Chief Financial Officer 1555 PEACHTREE ST. NE SUITE 1800 ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS 100 FEDERAL STREET BOSTON MA 02110
Reina Antonio officer: Secretary 1555 PEACHTREE STREET NE SUITE 1800 ATLANTA GA 30309
Levit Josh E officer: Chief Compliance Officer 1555 PEACHTREE STREET NE SUITE 1800 ATLANTA GA 30309
Deberghes Adrien officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800 ATLANTA GA 30309
Waldron Haley S officer: Chief Accounting Officer 1555 PEACHTREE STREET NE SUITE 1800 ATLANTA GA 30309
Dukes Laura Allison officer: SMD and CFO 780 JOHNSON FERRY ROAD SUITE 800 ATLANTA GA 30342
Mcaleer Tara officer: Chief Compliance Officer 1555 PEACHTREE STREET NE ATLANTA GA 30309
Starr Loren M director
Swanson Stephen William officer: Secretary and General Counsel 1555 PEACHTREE STREET NE ATLANTA GA 30309
Lege Annette director, officer: CFO & CAO 1555 PEACHTREE ST. NE SUITE 1800 ATLANTA GA 30309
Carome Kevin M director
Drobny Robert Phillip officer: Vice President 1555 PEACHTREE STREET NE ATLANTA GA 30309
Gregson Mark William officer: Controller & Treasurer 1555 PEACHTREE STREET NE ATLANTA GA 30309
Kuehl Todd F officer: Chief Compliance officer 1555 PEACHTREE STREET NE ATLANTA GA 30309
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