Black Canyon (ASX:BCA) Graham Number: A$N/A (As of Dec. 2025)

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.

ASX:BCA Black Canyon Ltd ASX:BCA
34 GF Score
Price A$0.32
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What is Black Canyon Graham Number?

Black Canyon ASX:BCA -5.97% 34 Graham Number is A$N/A as of Dec. 2025. GuruFocus rates ASX:BCA with a GF Score™ of 34/100. Among 612 Metals & Mining companies, Black Canyon ranks worse than 163398.53% 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 (2026-07-19), the stock price of Black Canyon is A$0.315. Black Canyon's graham number for the quarter that ended in Dec. 2025 was A$N/A. Therefore, Black Canyon's Price to Graham Number ratio for today is N/A.

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

During the past 5 years, the highest Price to Graham Number ratio of Black Canyon was 1.50. The lowest was 1.50. And the median was 1.50.

ASX:BCA's Price-to-Graham-Number is not ranked *
in the Metals & Mining industry.
Industry Median: 1.21
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Black Canyon  (ASX:BCA) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.315/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.


Black Canyon Graham Number Related Terms


Black Canyon Graham Number Historical Data

* Premium members only.

The historical data trend for Black Canyon'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.

Black Canyon Graham Number Chart

Black Canyon Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Graham Number
0.00 0.00 0.00 0.00 0.08

Black Canyon Semi-Annual Data
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 0.00 0.00 0.00 0.08 0.00

Black Canyon Graham Number Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Black Canyon'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.


Black Canyon Price-to-Graham-Number vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Black Canyon's Price-to-Graham-Number distribution charts can be found below:

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


ASX:BCA
34GF Score
Black Canyon Ltd ASX:BCA
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Canyon Graham Number Calculation

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

Black Canyon'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*0.076*0.004)
=0.08

Black Canyon'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*0.13*-0.632)
=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 A$N/A mean?
Black Canyon (ASX:BCA) has a Graham Number of A$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 Black Canyon and its competitors. Over the past decade, Black Canyon's Graham Number has ranged from 1.50 to 1.50. According to the industry distribution chart, Black Canyon ranks #999999 out of 612 companies in the Metals & Mining industry.
Is Black Canyon's Graham Number too high?
Black Canyon's current Graham Number is A$N/A. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 1.50. Based on the distribution chart, Black Canyon ranks #999999 out of 612 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Black Canyon has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Black Canyon's Graham Number compare to competitors?
According to the Metals & Mining industry distribution chart, Black Canyon ranks #999999 out of 612 companies for Graham Number. This places Black Canyon in the lower half of its industry. The industry median Graham Number is 1.21. Historically, Black Canyon's own Graham Number has ranged from 1.50 to 1.50 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Metals & Mining company?
The median Graham Number among Metals & Mining companies is 1.21, based on 612 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Black Canyon and its competitors. For the Metals & Mining industry, the median Graham Number is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Canyon's current Graham Number is A$N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Canyon stock overvalued right now?
Black Canyon (ASX:BCA) has a current Graham Number of A$N/A. The current Graham Number is A$N/A. Black Canyon's overall GF Score™ is 34/100. 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 Black Canyon (ASX:BCA), the current Graham Number is A$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.

Black Canyon Business Description

Address 35 Richardson Street, West Perth, Perth, WA, AUS, 6005
Black Canyon Ltd is engaged in exploring and developing mineral deposits in Australia and overseas, with a focus on base metals. Its Carawine Project contains exploration tenements prospective for manganese and copper. The company's project includes the Fig Tree project, the Wandanya project, the KR1/KR2 projects, and the Oakover West project. Geographically, the company operates within Australia.
34GF Score

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A$0.32
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