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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 International Holdings Co PJSC's Graham Number or its related term are showing as below:
ADX:IHC'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.99 Med: 3.73 Max: 12.11
Current: 6.63
During the past 13 years, the highest Price to Graham Number ratio of International Holdings Co PJSC was 12.11. The lowest was 0.99. And the median was 3.73.
ADX:IHC's Price-to-Graham-Number is ranked worse than 96.26% of 374
companies
in the Conglomerates industry
Industry Median: 0.925
vs ADX:IHC: 6.63
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
International Holdings Co PJSC (ADX:IHC) 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.
International Holdings 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 )
=
382.00
/
57.59
=
6.63
* 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.
International Holdings Co PJSC Graham Number Related Terms
International Holdings 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.
International Holdings Co PJSC Graham Number Chart
For the Conglomerates subindustry, International Holdings 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.
International Holdings Co PJSC Price-to-Graham-Number vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, International Holdings Co PJSC's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where International Holdings 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.
International Holdings Co PJSC (ADX:IHC) has a Graham Number of د.إ57.59 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on International Holdings Co PJSC and its competitors. This is 85% below median its historical median of 3.73. Over the past decade, International Holdings Co PJSC's Graham Number has ranged from 0.99 to 12.11. According to the industry distribution chart, International Holdings Co PJSC ranks #360 out of 374 companies in the Conglomerates industry, placing it in the top 96.3%.
Is International Holdings Co PJSC's Graham Number too high?
International Holdings Co PJSC's current Graham Number of د.إ57.59 is 85% below median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 12.11. Based on the distribution chart, International Holdings Co PJSC ranks #360 out of 374 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, International Holdings Co PJSC has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International Holdings Co PJSC's Graham Number compare to MMM and HON?
According to the Conglomerates industry distribution chart, International Holdings Co PJSC ranks #360 out of 374 companies for Graham Number. This places International Holdings Co PJSC in the lower half of its industry. The industry median Graham Number is 0.93. Historically, International Holdings Co PJSC's own Graham Number has ranged from 0.99 to 12.11 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 International Holdings Co 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. International Holdings Co PJSC's current Graham Number is د.إ57.59, which is 85% below median its own 10-year median of 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Holdings Co PJSC stock overvalued right now?
Based on GuruFocus' analysis, International Holdings Co PJSC (ADX:IHC) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ630.60, compared to a current price of د.إ382.00 — trading 39.4% below its estimated fair value. The current Graham Number is د.إ57.59, which is 85% below median its 10-year median of 3.73. International Holdings Co PJSC's overall GF Score™ is 91/100 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 International Holdings Co PJSC (ADX:IHC), the current Graham Number is د.إ57.59 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 International Holdings Co PJSC (ADX:IHC) Overvalued in 2026?
Based on GuruFocus' analysis, International Holdings Co PJSC stock appears to be undervalued.
The current stock price of د.إ382.00 is trading 39.4% below its estimated GF Value™ of د.إ630.60.
GuruFocus considers International Holdings Co PJSC to be Significantly Undervalued.
Key valuation signals for ADX:IHC:
Graham Number: د.إ57.59 (85% below median its 10-year median of 3.73)
GF Value™: د.إ630.60 vs. price of د.إ382.00 (39.4% below fair value)
No single metric tells the full story. See the ADX:IHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Holdings Co PJSC is a United Arab Emirates-based public joint stock company. The group, along with its subsidiaries, is engaged in management services and investing in diversified projects; trading and importing of food items; the sale of poultry products, and others. The company is organized into business segments as follows: Real estate and construction, Food, Technology, Financial services, Marine and dredging, Hospitality and leisure, Energy, Services, and other segments. It generates the majority of its revenue from the Real estate and construction segment.
91GF Score
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