Hello again,

My other question regards intrinsic value and the current AAA corporate bond yield. I’m having some trouble figuring out which to go with. A lot of stocks I screened using the enterprising and NCAV screeners did post a lot of 100%+ intrinsic value stocks. But when I screened stocks myself using similar data points, I came with a larger list, some stocks including EVR and GNTX were listed and had a rating of 7 or above. How does one calculate that into the equation?

I did however find how to calculate today’s bond yield into P/E ratio and got this. 100/2.38=42.016. So I would assume in today’s market that we can invest into companies with up to a P/E ratio of 42?

I’m just alittle confused as to what stocks on the screener now reflect such different P/Es and if there is a way to screen better.

Thank you!

*Submitted by gonny17. Updated on Friday 9th October 2020.*

## Adjusting Graham's Calculations

Dear gonny17,

Thank you for your forum post!

This issue is discussed in detail in Adjusting Benjamin Graham's Price Calculations Today.

## Screening for the new yield

Hey serenity,

Thanks for the response. So with that being said, is there anyway via the stock screener to account for the new yields and p/e? Or is there further research after I find the stocks to figure that part out?

## Intrinsic Value(%) = 60%

Dear gonny17,

Thank you for your comment!

The link above gives a sample calculation of how

Bond Yieldsof3.3%would lead to anIntrinsic Value(%)of70%onSerenity.A similar calculation for

Bond Yieldsof2.38%would lead to anIntrinsic Value(%)of approximately60%onSerenity. Such a calculation is given in Value Investing Across Countries And Economies (which is linked to from the link above).