en>Trappist the monk: /* References */Remove unnecessary |display-author= parameters from CS1 templates; using AWB

2015-01-03T13:35:30Z

References: Remove unnecessary |display-author= parameters from CS1 templates; using AWB

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en>Leaky caldron: Reverted edits by 97.122.165.251 (talk) to last version by Whoop whoop pull up

2014-02-23T21:44:03Z

Reverted edits by 97.122.165.251 (talk) to last version by Whoop whoop pull up

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en>ClueBot NG: Reverting possible vandalism by 76.248.242.125 to version by Bibcode Bot. False positive? Report it. Thanks, ClueBot NG. (1658804) (Bot)

2014-01-18T16:40:04Z

Reverting possible vandalism by 76.248.242.125 to version by Bibcode Bot. False positive? Report it. Thanks, ClueBot NG. (1658804) (Bot)

← Older revision		Revision as of 18:40, 18 January 2014
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	~~They contact me Emilia~~. ~~Managing individuals has been his working day occupation~~ for a ~~while~~. ~~South Dakota~~ is ~~exactly where I've usually been living~~. ~~Doing ceramics is what my family and I appreciate~~.<~~br><br~~>~~Check out my blog post :~~: [http://~~remhits~~.~~warnerreprise~~.com/~~content~~/~~easy~~-~~methods-overcome-candida-albicans-easily std testing at home~~]		{{About\|the investing term named after Benjamin Graham\|the mathematical figure named after Ronald Graham\|Graham's number}}

			The '''Graham number''' or '''Benjamin Graham number''' is a figure used in [[securities]] investing that measures a [[stock]]'s so-called fair value.<ref>[http://seekingalpha.com/article/253698-6-deeply-undervalued-small-cap-stocks-trading-below-the-graham-number Seeking Alpha: The Graham Number]</ref> Named after [[Benjamin Graham]], the founder of [[value investing]], the Graham number can be calculated as follows:

			<math>\sqrt{22.5\times(\text{earnings per share})\times(\text{book value per share})}</math>

			The final number is, theoretically, the maximum price that a defensive investor should pay for the given stock.<ref>[http://www.istockanalyst.com/article/viewarticle/articleid/2801008 iStock Analyst: The Benjamin Graham Number]</ref> Put another way, a stock priced below the Graham Number would be considered a good value, if it also meets a number of other criteria.

			This number applies only to certain types of stocks in combination with a number of other criteria. The complete Graham selection procedure is much more elaborate. No decision should be made based on this number alone.<ref>Serenity: [http://www.serenitystocks.com/grahamnumber Benjamin Graham's Misunderstood Graham-Number].</ref>

			==Alternative calculation==
			Earnings per share is calculated by dividing ''net income'' by ''shares outstanding''. Book value is another way of saying ''[[shareholders' equity]]''. Therefore, book value per share is calculated by dividing ''equity'' by ''shares outstanding''. Consequently, the formula for the Graham number can also be written as follows:

			<math>\sqrt{22.5 \times \left(\frac{\text{net income}}{\text{shares outstanding}}\right) \times \left(\frac{\mathrm{shareholders'\ equity}}{\text{shares outstanding}}\right)}</math>

			==References==
			{{reflist}}

			{{finance-stub}}
			[[Category:Valuation (finance)]]
			[[Category:Mathematical finance]]

en>Hellbus at 00:22, 22 August 2012

2012-08-22T00:22:32Z

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They contact me Emilia. Managing individuals has been his working day occupation for a while. South Dakota is exactly where I've usually been living. Doing ceramics is what my family and I appreciate.<br><br>Check out my blog post :: [http://remhits.warnerreprise.com/content/easy-methods-overcome-candida-albicans-easily std testing at home]

Rings of Neptune - Revision history

en>Trappist the monk: /* References */Remove unnecessary |display-author= parameters from CS1 templates; using AWB

en>Leaky caldron: Reverted edits by 97.122.165.251 (talk) to last version by Whoop whoop pull up

en>ClueBot NG: Reverting possible vandalism by 76.248.242.125 to version by Bibcode Bot. False positive? Report it. Thanks, ClueBot NG. (1658804) (Bot)

en>Hellbus at 00:22, 22 August 2012