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Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.
During the past 13 years, the highest Price to Graham Number ratio of Emirates Telecommunications Group Co PJSC was 5.59. The lowest was 1.68. And the median was 2.63.
ADX:EAND's Price-to-Graham-Number is not ranked *
in the Telecommunication Services industry.
Industry Median: 1.59 * Ranked among companies with meaningful Price-to-Graham-Number only.
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Emirates Telecommunications Group Co PJSC (ADX:EAND) Graham Number Explanation
Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:
Current price should not be more than 15 times average earnings of the past three years.
Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)
Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.
In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.
Emirates Telecommunications Group Co PJSC's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
20.08
/
N/A
=
N/A
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Please keep these in mind:
1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.
Emirates Telecommunications Group Co PJSC Graham Number Related Terms
Emirates Telecommunications Group Co PJSC Graham Number Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Emirates Telecommunications Group Co PJSC Graham Number Chart
Emirates Telecommunications Group Co PJSC Annual Data
For the Telecom Services subindustry, Emirates Telecommunications Group Co PJSC's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Emirates Telecommunications Group Co PJSC Price-to-Graham-Number vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Emirates Telecommunications Group Co PJSC's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Emirates Telecommunications Group Co PJSC's Price-to-Graham-Number falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Emirates Telecommunications Group Co PJSC (ADX:EAND) has a Graham Number of د.إN/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Emirates Telecommunications Group Co PJSC and its competitors. Over the past decade, Emirates Telecommunications Group Co PJSC's Graham Number has ranged from 1.68 to 5.59. According to the industry distribution chart, Emirates Telecommunications Group Co PJSC ranks #999999 out of 193 companies in the Telecommunication Services industry.
Is Emirates Telecommunications Group Co PJSC's Graham Number too high?
Emirates Telecommunications Group Co PJSC's current Graham Number is د.إN/A. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 5.59. Based on the distribution chart, Emirates Telecommunications Group Co PJSC ranks #999999 out of 193 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Emirates Telecommunications Group Co PJSC has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emirates Telecommunications Group Co PJSC's Graham Number compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Emirates Telecommunications Group Co PJSC ranks #999999 out of 193 companies for Graham Number. This places Emirates Telecommunications Group Co PJSC in the lower half of its industry. The industry median Graham Number is 1.59. Historically, Emirates Telecommunications Group Co PJSC's own Graham Number has ranged from 1.68 to 5.59 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Telecommunication Services company?
The median Graham Number among Telecommunication Services companies is 1.59, based on 193 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Emirates Telecommunications Group Co PJSC and its competitors. For the Telecommunication Services industry, the median Graham Number is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emirates Telecommunications Group Co PJSC's current Graham Number is د.إN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emirates Telecommunications Group Co PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emirates Telecommunications Group Co PJSC (ADX:EAND) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ22.86, compared to a current price of د.إ20.08 — trading 12.2% below its estimated fair value. The current Graham Number is د.إN/A. Emirates Telecommunications Group Co PJSC's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Emirates Telecommunications Group Co PJSC (ADX:EAND), the current Graham Number is د.إN/A as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Emirates Telecommunications Group Co PJSC (ADX:EAND) Overvalued in 2026?
Based on GuruFocus' analysis, Emirates Telecommunications Group Co PJSC stock appears to be undervalued.
The current stock price of د.إ20.08 is trading 12.2% below its estimated GF Value™ of د.إ22.86.
GuruFocus considers Emirates Telecommunications Group Co PJSC to be Modestly Undervalued.
Key valuation signals for ADX:EAND:
Graham Number: د.إN/A
GF Value™: د.إ22.86 vs. price of د.إ20.08 (12.2% below fair value)
No single metric tells the full story. See the ADX:EAND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emirates Telecommunications Group Co PJSC Business Description
Emirates Telecommunications Group Co PJSC is a telecommunications company. Through its subsidiaries, the company provides telecommunication and consulting services, media services, and equipment to over sixteen countries in Asia and Africa. It specializes in fixed-line services, voice communication, wireless communication, and data communication services. The majority of the company's revenues profits and assets relates to its operations in the UAE.
82GF Score
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