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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.
The historical rank and industry rank for ESG Emirates Stallions Group PJSC's Graham Number or its related term are showing as below:
ADX:ESG'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.64 Med: 0.96 Max: 2.07
Current: 0.71
During the past 6 years, the highest Price to Graham Number ratio of ESG Emirates Stallions Group PJSC was 2.07. The lowest was 0.64. And the median was 0.96.
ADX:ESG's Price-to-Graham-Number is ranked better than 63.9% of 374
companies
in the Conglomerates industry
Industry Median: 0.925
vs ADX:ESG: 0.71
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
ESG Emirates Stallions Group PJSC (ADX:ESG) 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.
ESG Emirates Stallions Group PJSC's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
11.50
/
16.24
=
0.71
* 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.
ESG Emirates Stallions Group PJSC Graham Number Related Terms
ESG Emirates Stallions Group 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.
ESG Emirates Stallions Group PJSC Graham Number Chart
For the Conglomerates subindustry, ESG Emirates Stallions Group 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.
ESG Emirates Stallions Group PJSC Price-to-Graham-Number vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, ESG Emirates Stallions Group PJSC's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where ESG Emirates Stallions Group 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.
ESG Emirates Stallions Group PJSC (ADX:ESG) has a Graham Number of د.إ16.24 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on ESG Emirates Stallions Group PJSC and its competitors. This is 83% below median its historical median of 0.96. Over the past decade, ESG Emirates Stallions Group PJSC's Graham Number has ranged from 0.64 to 2.07. According to the industry distribution chart, ESG Emirates Stallions Group PJSC ranks #135 out of 374 companies in the Conglomerates industry, placing it in the top 36.1%.
Is ESG Emirates Stallions Group PJSC's Graham Number too high?
ESG Emirates Stallions Group PJSC's current Graham Number of د.إ16.24 is 83% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 2.07. Based on the distribution chart, ESG Emirates Stallions Group PJSC ranks #135 out of 374 companies in the Conglomerates industry, which is above the industry midpoint. Overall, ESG Emirates Stallions Group PJSC has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ESG Emirates Stallions Group PJSC's Graham Number compare to MMM and HON?
According to the Conglomerates industry distribution chart, ESG Emirates Stallions Group PJSC ranks #135 out of 374 companies for Graham Number. This puts ESG Emirates Stallions Group PJSC in the upper half of its industry. The industry median Graham Number is 0.93. Historically, ESG Emirates Stallions Group PJSC's own Graham Number has ranged from 0.64 to 2.07 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 Conglomerates company?
The median Graham Number among Conglomerates companies is 0.93, based on 374 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 ESG Emirates Stallions Group PJSC and its competitors. For the Conglomerates industry, the median Graham Number is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ESG Emirates Stallions Group PJSC's current Graham Number is د.إ16.24, which is 83% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ESG Emirates Stallions Group PJSC stock overvalued right now?
Based on GuruFocus' analysis, ESG Emirates Stallions Group PJSC (ADX:ESG) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ21.08, compared to a current price of د.إ11.50 — trading 45.4% below its estimated fair value. The current Graham Number is د.إ16.24, which is 83% below median its 10-year median of 0.96. ESG Emirates Stallions Group PJSC's overall GF Score™ is 94/100 with 3 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 ESG Emirates Stallions Group PJSC (ADX:ESG), the current Graham Number is د.إ16.24 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 ESG Emirates Stallions Group PJSC (ADX:ESG) Overvalued in 2026?
Based on GuruFocus' analysis, ESG Emirates Stallions Group PJSC stock appears to be undervalued.
The current stock price of د.إ11.50 is trading 45.4% below its estimated GF Value™ of د.إ21.08.
GuruFocus considers ESG Emirates Stallions Group PJSC to be Significantly Undervalued.
Key valuation signals for ADX:ESG:
Graham Number: د.إ16.24 (83% below median its 10-year median of 0.96)
GF Value™: د.إ21.08 vs. price of د.إ11.50 (45.4% below fair value)
No single metric tells the full story. See the ADX:ESG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ESG Emirates Stallions Group PJSC is a diversified group operating across and delivering solutions in manpower, real estate, retail, interior design, and the manufacturing industry. The group's operating business segments are: Contracting and consultancy, Landscaping, agriculture and maintenance, Business process/manpower, Furniture manufacturing, Retail and interior fit out, and Others. Maximum revenue is generated from the Furniture manufacturing, Retail and interior fit out segment, which includes retail trading of household, office furniture, and interior decoration material, wooden door manufacturing, house and furniture manufacturing. Geographically, the group generates maximum revenue from its business in the United Arab Emirates, and the rest from markets located outside the UAE.
94GF Score
Get the complete analysis for ADX:ESG
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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