ANNA (AleAnna) Graham Number: $2.08 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ANNA AleAnna Inc ANNA
14 GF Score
Price $3.13
! 3 Warning Signs
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What is AleAnna Graham Number?

AleAnna ANNA +7.17% 14 Graham Number is $2.08 as of Jun. 2026. GuruFocus rates ANNA with a GF Score™ of 14/100. The stock has 3 warning signs investors should review. Among 628 Oil & Gas companies, AleAnna ranks worse than 64.33% 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 (2026-09-01), the stock price of AleAnna is $3.13. AleAnna's graham number for the quarter that ended in Jun. 2026 was $2.08. Therefore, AleAnna's Price to Graham Number ratio for today is 1.50.

The historical rank and industry rank for AleAnna's Graham Number or its related term are showing as below:

ANNA' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.22   Med: 1.67   Max: 7.25
Current: 1.5

During the past 4 years, the highest Price to Graham Number ratio of AleAnna was 7.25. The lowest was 1.22. And the median was 1.67.

ANNA's Price-to-Graham-Number is ranked worse than
64.33% of 628 companies
in the Oil & Gas industry
Industry Median: 1.09 vs ANNA: 1.50

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


AleAnna  (NAS:ANNA) 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.

AleAnna's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=3.13/2.08
=1.50

* 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.


AleAnna Graham Number Related Terms


AleAnna Graham Number Historical Data

* Premium members only.

The historical data trend for AleAnna'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.

AleAnna Graham Number Chart

AleAnna Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Graham Number
0.00 0.00 0.00 2.25

AleAnna Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.58 2.36 4.28 2.08

ANNA vs SJT, EPM, EP: Graham Number Comparison

For the Oil & Gas E&P subindustry, AleAnna'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.


AleAnna Price-to-Graham-Number vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, AleAnna's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where AleAnna's Price-to-Graham-Number falls into.


ANNA
14GF Score
AleAnna Inc ANNA
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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AleAnna Graham Number Calculation

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

AleAnna'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*5.623*0.04)
=2.25

AleAnna's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.988*0.195)
=2.08

* 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 $2.08 mean?
AleAnna (ANNA) has a Graham Number of $2.08 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on AleAnna and its competitors. According to the industry distribution chart, AleAnna ranks #404 out of 628 companies in the Oil & Gas industry, placing it in the top 64.3%.
Is AleAnna's Graham Number too high?
AleAnna's current Graham Number is $2.08. The Oil & Gas industry median Graham Number is 1.09. AleAnna's value of $2.08 is 90.8% above this industry median. Based on the distribution chart, AleAnna ranks #404 out of 628 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, AleAnna has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does AleAnna's Graham Number compare to SJT and EPM?
According to the Oil & Gas industry distribution chart, AleAnna ranks #404 out of 628 companies for Graham Number. This places AleAnna in the lower half of its industry. The industry median Graham Number is 1.09. AleAnna's value of $2.08 is 90.8% above this benchmark. 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 an Oil & Gas company?
The median Graham Number among Oil & Gas companies is 1.09, based on 628 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. AleAnna's current Graham Number of $2.08 is 90.8% 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 AleAnna and its competitors. For the Oil & Gas industry, the median Graham Number is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AleAnna's current Graham Number is $2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AleAnna stock overvalued right now?
AleAnna (ANNA) has a current Graham Number of $2.08. The current Graham Number is $2.08 and 90.8% above the Oil & Gas industry median of 1.09. AleAnna's overall GF Score™ is 14/100 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 AleAnna (ANNA), the current Graham Number is $2.08 as of Jun. 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.

AleAnna Business Description

Industry EnergyOil & Gas
Address 300 Crescent Court, Suite 1860, Dallas, TX, USA, 75201
AleAnna Inc is a natural gas resource company focused on delivering natural gas supplies to Europe. It holds working interests in several conventional natural gas discoveries, including the Longanesi, Gradizza, and Trava properties located in Italy. Additionally, AleAnna operates a renewable natural gas development business focused on providing carbon-negative renewable natural gas derived from animal and agricultural waste. The company has two reportable operating segments: Conventional and Renewable. Maximum revenue is generated from the Conventional segment, which consists of the natural gas exploration and production activities conducted by AleAnna Italia. The primary product of this segment is conventional natural gas produced from onshore exploration and development in Italy.
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$3.13
Price