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Riba Textiles (BOM:531952) Graham Number : ₹N/A (As of Dec. 2023)


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What is Riba Textiles 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 (2024-05-24), the stock price of Riba Textiles is ₹76.18. Riba Textiles's graham number for the quarter that ended in Dec. 2023 was ₹N/A. Therefore, Riba Textiles's Price to Graham Number ratio for today is N/A.

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

BOM:531952' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.26   Med: 0.59   Max: 1.57
Current: 0.58

During the past 13 years, the highest Price to Graham Number ratio of Riba Textiles was 1.57. The lowest was 0.26. And the median was 0.59.

BOM:531952's Price-to-Graham-Number is ranked better than
81.44% of 695 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.15 vs BOM:531952: 0.58

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


Riba Textiles Graham Number Historical Data

The historical data trend for Riba Textiles'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.

Riba Textiles Graham Number Chart

Riba Textiles Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.83 102.01 100.49 93.60 120.64

Riba Textiles Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 120.64 - 131.25 -

Competitive Comparison of Riba Textiles's Graham Number

For the Textile Manufacturing subindustry, Riba Textiles'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.


Riba Textiles's Price-to-Graham-Number Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Riba Textiles Graham Number Calculation

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

Riba Textiles's Graham Number for the fiscal year that ended in Mar. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*84.409*7.663)
=120.64

Riba Textiles'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*0*9.763)
=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.


Riba Textiles  (BOM:531952) 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.

Riba Textiles's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=76.18/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.


Riba Textiles Graham Number Related Terms

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


Riba Textiles (BOM:531952) Business Description

Traded in Other Exchanges
N/A
Address
Assandh Road, Kishore House, Panipat, HR, IND, 132103
Riba Textiles Ltd is engaged in manufacturing and export of terry towels. It produces bath towels, beach towels, and tufted bath mats. The company's product portfolio includes SPA towels, Yarn dyed towels, Plain dyed towels, Printed border towels, Embroidered towels, Bathrobes, Double jacquard towels, Weft insert rapier towels, Sublistatic printed towels, Yarn dyed and piece dyed tufted bath mats, and beach accessories.

Riba Textiles (BOM:531952) Headlines

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