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A Trio of Graham-Style Stocks to Consider

– By Alberto Abaterusso

Benjamin Graham, the father of value investing and author of “The Intelligent Investor,” advised value investors to screen for stocks whose “Graham blended multiplier” stood below 22.5. Such stocks could be trading at a discount to their intrinsic value, enhancing the likelihood to come across value opportunities. The Graham blended multiplier is the price-earnings ratio multiplied by the price-book ratio.

Thus, value investors may want to consider the following three stocks, as their Graham blended multipliers stand below 22.5.

Leju Holdings Ltd

The first stock to consider is Leju Holdings Ltd (NYSE:LEJU), a Chinese provider of online to offline (O2O) real estate services to consumers in the People’s Republic of China.

The stock has a Graham blended multiplier of 14.2 as the price-earnings ratio is 12.88 (versus the industry median of 12.39) and the price-book ratio is 1.1 (versus the industry median of 0.8).

Leju Holdings

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women

Trio of Women Lawyers Push for Change to India’s Creaking Courts

(Bloomberg) — The three lawyers who resolved India’s largest bankruptcy case last year are using their elevated professional standing to address a different problem: not enough women in the bar.

The protracted legal tangle between Essar Steel India Ltd. and ArcelorMittal, laid to rest last year, was India’s largest bankruptcy case by the amount of debt owed and recovered — a whopping $5.6 billion. Acting for the lenders was Misha, who goes by one name. Ruby Ahuja drove ArcelorMittal to acquire the bankrupt steel mill, and Shally Bhasin represented some vendors and creditors seeking dues from Essar Steel.



a person wearing a blue shirt: Women Lead Court Battles in India’s $190 Billion War on Bad Loan


© Bloomberg
Women Lead Court Battles in India’s $190 Billion War on Bad Loan

Misha

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Photographer: Ruhani Kaur/Bloomberg

The landmark final ruling ended tycoon Lakshmi Mittal’s long wait to enter the world’s second-biggest steel market. It also empowered Indian banks with the legal authority to set the terms of the

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