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DAPS advertising (BOM:543651) Graham Number : ₹47.12 (As of Mar. 2024)


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What is DAPS advertising 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 (2024-06-06), the stock price of DAPS advertising is ₹27.10. DAPS advertising's graham number for the quarter that ended in Mar. 2024 was ₹47.12. Therefore, DAPS advertising's Price to Graham Number ratio for today is 0.58.

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

BOM:543651' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.42   Med: 0.56   Max: 0.72
Current: 0.58

During the past 5 years, the highest Price to Graham Number ratio of DAPS advertising was 0.72. The lowest was 0.42. And the median was 0.56.

BOM:543651's Price-to-Graham-Number is ranked better than
85.57% of 485 companies
in the Media - Diversified industry
Industry Median: 1.32 vs BOM:543651: 0.58

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


DAPS advertising Graham Number Historical Data

The historical data trend for DAPS advertising'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.

DAPS advertising Graham Number Chart

DAPS advertising Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Graham Number
15.43 7.71 27.67 55.27 37.79

DAPS advertising Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Graham Number Get a 7-Day Free Trial - 26.06 49.71 53.41 47.12

Competitive Comparison of DAPS advertising's Graham Number

For the Advertising Agencies subindustry, DAPS advertising'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.


DAPS advertising's Price-to-Graham-Number Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, DAPS advertising's Price-to-Graham-Number distribution charts can be found below:

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



DAPS advertising Graham Number Calculation

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

DAPS advertising's Graham Number for the fiscal year that ended in Mar. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*30.217*2.1)
=37.79

DAPS advertising's Graham Number for the quarter that ended in Mar. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*30.217*3.266)
=47.12

* 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.


DAPS advertising  (BOM:543651) 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.

DAPS advertising's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=27.10/47.12
=0.58

* 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.


DAPS advertising Graham Number Related Terms

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DAPS advertising (BOM:543651) Business Description

Traded in Other Exchanges
N/A
Address
Office No. 9-B, The Mall, 128, Clyde House, Kanpur, UP, IND, 208001
DAPS advertising Ltd is engaged in the business of providing advertising agency services. The company offers a range of advertising media services consisting of print media, electronic media and outdoor media services which cover advertisement modes such as newspapers, brochures, magazines, television channels, FM channels and display of outdoor hoardings and others.

DAPS advertising (BOM:543651) Headlines

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