Screen by market capitalization

Hello,

Graham says in the Intelligent Investor (Fourth Revised Edition published in 1973) that "let us suggest that to be “large” in present-day terms a company should have $50 million of assets or do $50 million of business.*"

On the same page footnote says "* In today’s markets, to be considered large, a company should have a total stock value (or “market capitalization”) of at least $10 billion."

I checked market capitalizations of the companies on the screener, and in the defensive category none of them reach $10 billion on the first 15 page. Am I missing something? Is there a method to filter by market cap?

Thank you for your answer in advance!

Submitted by andrasszalaidr. Created on Friday 8th April 2022. Updated on Friday 8th April 2022.

Submitted by GrahamValue on Saturday 9th April 2022

Dear andrasszalaidr,

Graham specifically wrote:

"This would mean a P/E ratio no higher than 13.3 against an AA bond yield of 7.5%."

Chapter 14: Stock Selection for the Defensive Investor, The Intelligent Investor.

Please note:

" Investors should note that government bonds, also known as Treasuries, are not subject to credit quality ratings."

The Financial Times has some data, but there does not appear to be a comprehensive global database of bond yields. If you find one, please do share it here.

Thank you for your comment!

Submitted by andrasszalaidr on Sunday 10th April 2022

Dear GrahamValue,

Thank you for you answer.

Indeed, there's no global database for AA corporate bonds. I recommend to google search for "corporate aa bond average yield" + name of the country. If "10-year" is included in the search text, almost only government bonds will pop up in the search results.

Thanks again!