AHCHF (Anhui Conch Cement Co) Graham Number: $4.57 (As of Mar. 2026) — 501% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AHCHF Anhui Conch Cement Co Ltd AHCHF
61 GF Score
Price $2.28
GF Value $2.20
Valuation Fairly Valued
! 6 Warning Signs
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What is Anhui Conch Cement Co Graham Number?

Anhui Conch Cement Co AHCHF 61 Graham Number is $4.57 as of Mar. 2026, which is 501% above its 10-year median of 0.76. GuruFocus rates AHCHF with a GF Score™ of 61/100 and a GF Value™ of $2.20 (Fairly Valued). The stock has 6 warning signs investors should review. Among 286 Building Materials companies, Anhui Conch Cement Co ranks better than 80.07% on this metric.

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.

As of today (2026-08-03), the stock price of Anhui Conch Cement Co is $2.275. Anhui Conch Cement Co's graham number for the quarter that ended in Mar. 2026 was $4.57. Therefore, Anhui Conch Cement Co's Price to Graham Number ratio for today is 0.50.

The historical rank and industry rank for Anhui Conch Cement Co's Graham Number or its related term are showing as below:

AHCHF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.53   Med: 0.76   Max: 0.93
Current: 0.58

During the past 13 years, the highest Price to Graham Number ratio of Anhui Conch Cement Co was 0.93. The lowest was 0.53. And the median was 0.76.

AHCHF's Price-to-Graham-Number is ranked better than
80.07% of 286 companies
in the Building Materials industry
Industry Median: 0.965 vs AHCHF: 0.58

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Anhui Conch Cement Co  (OTCPK:AHCHF) 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.

Anhui Conch Cement Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=2.275/4.57
=0.50

* 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.


Anhui Conch Cement Co Graham Number Related Terms


Anhui Conch Cement Co Graham Number Historical Data

* Premium members only.

The historical data trend for Anhui Conch Cement Co's Graham Number can be seen below:

* 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.

Anhui Conch Cement Co Graham Number Chart

Anhui Conch Cement Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.10 6.11 4.87 4.13 4.35

Anhui Conch Cement Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.42 4.63 4.68 4.57 4.57

AHCHF vs CRH, VMC, MLM: Graham Number Comparison

For the Building Materials subindustry, Anhui Conch Cement Co'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.


Anhui Conch Cement Co Price-to-Graham-Number vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Anhui Conch Cement Co's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Anhui Conch Cement Co's Price-to-Graham-Number falls into.


AHCHF
61GF Score
Anhui Conch Cement Co Ltd AHCHF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Conch Cement Co Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Anhui Conch Cement Co's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*4.13*0.204)
=4.35

Anhui Conch Cement Co's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*4.257*0.218)
=4.57

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $4.57 mean?
Anhui Conch Cement Co (AHCHF) has a Graham Number of $4.57 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Anhui Conch Cement Co and its competitors. This is 501% above median its historical median of 0.76. Over the past decade, Anhui Conch Cement Co's Graham Number has ranged from 0.53 to 0.93. According to the industry distribution chart, Anhui Conch Cement Co ranks #57 out of 286 companies in the Building Materials industry, placing it in the top 19.9%.
Is Anhui Conch Cement Co's Graham Number too high?
Anhui Conch Cement Co's current Graham Number of $4.57 is 501% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.93. The Building Materials industry median Graham Number is 0.97. Anhui Conch Cement Co's value of $4.57 is 373.6% above this industry median. Based on the distribution chart, Anhui Conch Cement Co ranks #57 out of 286 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Anhui Conch Cement Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anhui Conch Cement Co's Graham Number compare to CRH and VMC?
According to the Building Materials industry distribution chart, Anhui Conch Cement Co ranks #57 out of 286 companies for Graham Number. This places Anhui Conch Cement Co in the top 20% of its industry — outperforming the majority of peers. The industry median Graham Number is 0.97. Anhui Conch Cement Co's value of $4.57 is 373.6% above this benchmark. Historically, Anhui Conch Cement Co's own Graham Number has ranged from 0.53 to 0.93 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.97, Anhui Conch Cement Co has consistently been above the industry average. 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 Building Materials company?
The median Graham Number among Building Materials companies is 0.97, based on 286 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. Anhui Conch Cement Co's current Graham Number of $4.57 is 373.6% above the industry median. 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 Anhui Conch Cement Co and its competitors. For the Building Materials industry, the median Graham Number is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Conch Cement Co's current Graham Number is $4.57, which is 501% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Conch Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Conch Cement Co (AHCHF) is currently considered Fairly Valued. The stock's GF Value™ is $2.20, compared to a current price of $2.28 — trading 3.4% above its estimated fair value. The current Graham Number is $4.57, which is 501% above median its 10-year median of 0.76 and 373.6% above the Building Materials industry median of 0.97. Anhui Conch Cement Co's overall GF Score™ is 61/100 with 6 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 Anhui Conch Cement Co (AHCHF), the current Graham Number is $4.57 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 Anhui Conch Cement Co (AHCHF) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Conch Cement Co stock appears to be overvalued. The current stock price of $2.28 is trading 3.4% above its estimated GF Value™ of $2.20. GuruFocus considers Anhui Conch Cement Co to be Fairly Valued.

Key valuation signals for AHCHF:

  • Graham Number: $4.57 (501% above median its 10-year median of 0.76)
  • GF Value™: $2.20 vs. price of $2.28 (3.4% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 373.6% above the Building Materials median (#57 of 286)

No single metric tells the full story. See the AHCHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Conch Cement Co Business Description

Address No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000
Anhui Conch Cement mainly engages in the production and sale of cement, clinker, and concrete in China. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of over 400 million metric tons in 2025, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contribute to about 80% of its revenue, with the remainder mainly from the trading business and service income.
61GF Score

Get the complete analysis for AHCHF

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.28
Price
$2.20
GF Value