GWR Group (ASX:GWR) Graham Number: A$N/A (As of Dec. 2025)

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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.

ASX:GWR GWR Group Ltd ASX:GWR
33 GF Score
Price A$0.11
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What is GWR Group Graham Number?

GWR Group ASX:GWR +14.58% 33 Graham Number is A$N/A as of Dec. 2025. GuruFocus rates ASX:GWR with a GF Score™ of 33/100. Among 423 Steel companies, GWR Group ranks worse than 236406.38% 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 (2026-07-20), the stock price of GWR Group is A$0.11. GWR Group's graham number for the quarter that ended in Dec. 2025 was A$N/A. Therefore, GWR Group's Price to Graham Number ratio for today is N/A.

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

During the past 13 years, the highest Price to Graham Number ratio of GWR Group was 1.37. The lowest was 0.07. And the median was 0.30.

ASX:GWR's Price-to-Graham-Number is not ranked *
in the Steel industry.
Industry Median: 0.94
* 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.


GWR Group  (ASX:GWR) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.11/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.


GWR Group Graham Number Related Terms


GWR Group Graham Number Historical Data

* Premium members only.

The historical data trend for GWR Group'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.

GWR Group Graham Number Chart

GWR Group 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 0.26 0.00 0.86 0.00 0.29

GWR Group 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 0.75 0.00 0.29 0.30 0.00

ASX:GWR vs NUE, STLD, RS: Graham Number Comparison

For the Steel subindustry, GWR Group'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.


GWR Group Price-to-Graham-Number vs Steel Industry

For the Steel industry and Basic Materials sector, GWR Group's Price-to-Graham-Number distribution charts can be found below:

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


ASX:GWR
33GF Score
GWR Group Ltd ASX:GWR
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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GWR Group Graham Number Calculation

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

GWR Group'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*0.149*0.025)
=0.29

GWR Group'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*0.147*-0.002)
=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$N/A mean?
GWR Group (ASX:GWR) has a Graham Number of A$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 GWR Group and its competitors. Over the past decade, GWR Group's Graham Number has ranged from 0.07 to 1.37. According to the industry distribution chart, GWR Group ranks #999999 out of 423 companies in the Steel industry.
Is GWR Group's Graham Number too high?
GWR Group's current Graham Number is A$N/A. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 1.37. Based on the distribution chart, GWR Group ranks #999999 out of 423 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, GWR Group has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does GWR Group's Graham Number compare to NUE and STLD?
According to the Steel industry distribution chart, GWR Group ranks #999999 out of 423 companies for Graham Number. This places GWR Group in the lower half of its industry. The industry median Graham Number is 0.94. Historically, GWR Group's own Graham Number has ranged from 0.07 to 1.37 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Steel company?
The median Graham Number among Steel companies is 0.94, based on 423 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on GWR Group and its competitors. For the Steel industry, the median Graham Number is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GWR Group's current Graham Number is A$N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GWR Group stock overvalued right now?
GWR Group (ASX:GWR) has a current Graham Number of A$N/A. The current Graham Number is A$N/A. GWR Group's overall GF Score™ is 33/100. 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 GWR Group (ASX:GWR), 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.

GWR Group Business Description

Address 46 Colin Street, Level 4, West Perth, Perth, WA, AUS, 6005
GWR Group Ltd is engaged in exploration across its tenement portfolio, with a focus on the Prospect Ridge Magnesite Project. The company has a portfolio of resources projects that includes projects held directly, in its own right, or indirectly through investment in other listed entities which include Magnesite, Tungsten, Cornerstone and Equity Investments, a royalty interest in the Wiluna West Iron Ore assets, a royalty interest in the Wiluna West Gold assets. Its segments include Exploration and Corporate.
33GF Score

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

A$0.11
Price