derive the equation of Graham's number
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The Graham number is named after the "father of value investing," Benjamin Graham. ... The 22.5 figure is included in the calculation to account for Graham's belief that the price-to-earnings (P/E) ratio should not be over 15x and the price-to-book (P/B) ratio should not be over 1.5x (thus, 15 x 1.5 = 22.5).
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