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ASR Nederland NVASRRF 67 Graham Number is $54.97 as of Dec. 2025, which is 10272% above its 10-year median of 0.53. GuruFocus rates ASRRF with a GF Score™ of 67/100 and a GF Value™ of $50.29 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 426 Insurance companies, ASR Nederland NV ranks worse than 76.06% 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 (2026-07-14), the stock price of ASR Nederland NV is $76.23. ASR Nederland NV's graham number for the quarter that ended in Dec. 2025 was $54.97. Therefore, ASR Nederland NV's Price to Graham Number ratio for today is 1.39.
The historical rank and industry rank for ASR Nederland NV's Graham Number or its related term are showing as below:
ASRRF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.16 Med: 0.53 Max: 1.54
Current: 1.45
During the past 13 years, the highest Price to Graham Number ratio of ASR Nederland NV was 1.54. The lowest was 0.16. And the median was 0.53.
ASRRF's Price-to-Graham-Number is ranked worse than 76.06% of 426
companies
in the Insurance industry
Industry Median: 0.95
vs ASRRF: 1.45
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
ASR Nederland NV (OTCPK:ASRRF) 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.
ASR Nederland NV's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
76.23
/
54.97
=
1.39
* 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.
ASR Nederland NV Graham Number Related Terms
ASR Nederland NV Graham Number Historical Data
* Premium members only.
The historical data trend for ASR Nederland NV'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.
ASRRF vs BRK.A, AIG, HIG: Graham Number Comparison
For the Insurance - Diversified subindustry, ASR Nederland NV'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.
ASR Nederland NV Price-to-Graham-Number vs Insurance Industry
For the Insurance industry and Financial Services sector, ASR Nederland NV's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where ASR Nederland NV'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.
ASR Nederland NV (ASRRF) has a Graham Number of $54.97 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on ASR Nederland NV and its competitors. This is 10272% above median its historical median of 0.53. Over the past decade, ASR Nederland NV's Graham Number has ranged from 0.16 to 1.54. According to the industry distribution chart, ASR Nederland NV ranks #324 out of 426 companies in the Insurance industry, placing it in the top 76.1%.
Is ASR Nederland NV's Graham Number too high?
ASR Nederland NV's current Graham Number of $54.97 is 10272% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.54. The Insurance industry median Graham Number is 0.95. ASR Nederland NV's value of $54.97 is 5686.3% above this industry median. Based on the distribution chart, ASR Nederland NV ranks #324 out of 426 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, ASR Nederland NV has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASR Nederland NV's Graham Number compare to BRK.A and AIG?
According to the Insurance industry distribution chart, ASR Nederland NV ranks #324 out of 426 companies for Graham Number. This places ASR Nederland NV in the lower half of its industry. The industry median Graham Number is 0.95. ASR Nederland NV's value of $54.97 is 5686.3% above this benchmark. Historically, ASR Nederland NV's own Graham Number has ranged from 0.16 to 1.54 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.95, ASR Nederland NV 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 an Insurance company?
The median Graham Number among Insurance companies is 0.95, based on 426 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. ASR Nederland NV's current Graham Number of $54.97 is 5686.3% 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 ASR Nederland NV and its competitors. For the Insurance industry, the median Graham Number is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASR Nederland NV's current Graham Number is $54.97, which is 10272% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASR Nederland NV stock overvalued right now?
Based on GuruFocus' analysis, ASR Nederland NV (ASRRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $50.29, compared to a current price of $76.23 — trading 51.6% above its estimated fair value. The current Graham Number is $54.97, which is 10272% above median its 10-year median of 0.53 and 5686.3% above the Insurance industry median of 0.95. ASR Nederland NV's overall GF Score™ is 67/100 with 12 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 ASR Nederland NV (ASRRF), the current Graham Number is $54.97 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 ASR Nederland NV (ASRRF) Overvalued in 2026?
Based on GuruFocus' analysis, ASR Nederland NV stock appears to be overvalued.
The current stock price of $76.23 is trading 51.6% above its estimated GF Value™ of $50.29.
GuruFocus considers ASR Nederland NV to be Significantly Overvalued.
Key valuation signals for ASRRF:
Graham Number: $54.97 (10272% above median its 10-year median of 0.53)
GF Value™: $50.29 vs. price of $76.23 (51.6% above fair value)
Industry Position: 5686.3% above the Insurance median (#324 of 426)
No single metric tells the full story. See the ASRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASR Nederland NV is an insurance company. The company offers a variety of insurance policies to its customers. The business segments are Non-life; Life; Banking, Asset Management; Distribution and Services and Holding and Other. The Non-life insurance entities offer Non-life insurance contracts. Its life insurance entities offer financial products such as life insurance contracts and life insurance contracts on behalf of policyholders. The Asset Management segment involves all activities related to asset management including investment property management. Its Distribution and Services segment includes activities related to the distribution of insurance contracts.
67GF Score
Get the complete analysis for ASRRF
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