APPCF (APAC Resources) Graham Number: $N/A (As of Dec. 2025)


APPCF APAC Resources Ltd APPCF
39 GF Score
Price $0.19
GF Value $0.20
Valuation Fairly Valued
! 7 Warning Signs
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What is APAC Resources Graham Number?

APAC Resources APPCF 39 Graham Number is $N/A as of Dec. 2025. GuruFocus rates APPCF with a GF Score™ of 39/100 and a GF Value™ of $0.20 (Fairly Valued). The stock has 7 warning signs investors should review. Among 526 Capital Markets companies, APAC Resources ranks worse than 190113.88% 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 (2026-07-02), the stock price of APAC Resources is $0.18893. APAC Resources's graham number for the quarter that ended in Dec. 2025 was $N/A. Therefore, APAC Resources's Price to Graham Number ratio for today is N/A.

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

APPCF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.18   Med: 0.29   Max: 1.84
Current: 1.11

During the past 13 years, the highest Price to Graham Number ratio of APAC Resources was 1.84. The lowest was 0.18. And the median was 0.29.

APPCF's Price-to-Graham-Number is not ranked
in the Capital Markets industry.
Industry Median: 1.12 vs APPCF: 1.11

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


APAC Resources  (OTCPK:APPCF) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.18893/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.


APAC Resources Graham Number Related Terms


APAC Resources Graham Number Historical Data

* Premium members only.

The historical data trend for APAC Resources'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.

APAC Resources Graham Number Chart

APAC Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.00 0.18 0.30 0.16

APAC Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.58 0.30 0.00 0.09 0.00

APPCF vs MS, GS, SCHW: Graham Number Comparison

For the Capital Markets subindustry, APAC Resources'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.


APAC Resources Price-to-Graham-Number vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, APAC Resources's Price-to-Graham-Number distribution charts can be found below:

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


APPCF
39GF Score
APAC Resources Ltd APPCF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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APAC Resources Graham Number Calculation

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

APAC Resources's Graham Number for the fiscal year that ended in Jun. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.364*0.003)
=0.16

APAC Resources's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.507*-0.009)
=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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $N/A mean?
APAC Resources (APPCF) has a Graham Number of $N/A as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on APAC Resources and its competitors. Over the past decade, APAC Resources' Graham Number has ranged from 0.18 to 1.84. According to the industry distribution chart, APAC Resources ranks #999999 out of 526 companies in the Capital Markets industry.
Is APAC Resources' Graham Number too high?
APAC Resources' current Graham Number is $N/A. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.84. Based on the distribution chart, APAC Resources ranks #999999 out of 526 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, APAC Resources has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does APAC Resources' Graham Number compare to MS and GS?
According to the Capital Markets industry distribution chart, APAC Resources ranks #999999 out of 526 companies for Graham Number. This places APAC Resources in the lower half of its industry. The industry median Graham Number is 1.12. Historically, APAC Resources' own Graham Number has ranged from 0.18 to 1.84 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 Capital Markets company?
The median Graham Number among Capital Markets companies is 1.12, based on 526 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 APAC Resources and its competitors. For the Capital Markets industry, the median Graham Number is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APAC Resources's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APAC Resources stock overvalued right now?
Based on GuruFocus' analysis, APAC Resources (APPCF) is currently considered Fairly Valued. The stock's GF Value™ is $0.20, compared to a current price of $0.19 — trading 5.5% below its estimated fair value. The current Graham Number is $N/A. APAC Resources' overall GF Score™ is 39/100 with 7 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 APAC Resources (APPCF), the current Graham Number is $N/A as of Dec. 2025. 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 APAC Resources (APPCF) Overvalued in 2026?

Based on GuruFocus' analysis, APAC Resources stock appears to be undervalued. The current stock price of $0.19 is trading 5.5% below its estimated GF Value™ of $0.20. GuruFocus considers APAC Resources to be Fairly Valued.

Key valuation signals for APPCF:

  • Graham Number: $N/A
  • GF Value™: $0.20 vs. price of $0.19 (5.5% below fair value)
  • GF Score™: 39/100 with 7 warning signs

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


APAC Resources Business Description

Other Exchanges 01104:Hong KongFZV:Germany
Address 138 Gloucester Road, Allied Kajima Building, Wanchai, Room 2304, 23rd Floor, Hong Kong, HKG
APAC Resources Ltd is an investment holding company principally engaged in the commodity trading business and resource investment business. The company operates through three business segments, namely Commodity Business, which includes trading of commodities; Resource investment, which is engaged in the trading of and investment in listed and unlisted securities; and Principal investment and financial services, which engages in the provision of loan financing and investments in loan notes, convertible notes, and other financial assets. The company generates maximum revenue from the Commodity Business segment. It operates in Hong Kong, the PRC, Australia, and the Philippines, with the majority of its revenue coming from the PRC.
39GF Score

Get the complete analysis for APPCF

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

$0.19
Price
$0.20
GF Value