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Aluminium Bahrain BSCBAH:ALBH -0.33%100 Graham Number is BHD2.54 as of Mar. 2026, which is 100% below its 10-year median of 0.57. GuruFocus rates BAH:ALBH with a GF Score™ of 100/100 and a GF Value™ of BHD1.16 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 616 Metals & Mining companies, Aluminium Bahrain BSC ranks better than 90.26% 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 (2026-08-02), the stock price of Aluminium Bahrain BSC is BHD0.915. Aluminium Bahrain BSC's graham number for the quarter that ended in Mar. 2026 was BHD2.54. Therefore, Aluminium Bahrain BSC's Price to Graham Number ratio for today is 0.36.
The historical rank and industry rank for Aluminium Bahrain BSC's Graham Number or its related term are showing as below:
BAH:ALBH'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.02 Med: 0.57 Max: 1.65
Current: 0.36
During the past 13 years, the highest Price to Graham Number ratio of Aluminium Bahrain BSC was 1.65. The lowest was 0.02. And the median was 0.57.
BAH:ALBH's Price-to-Graham-Number is ranked better than 90.26% of 616
companies
in the Metals & Mining industry
Industry Median: 1.24
vs BAH:ALBH: 0.36
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Aluminium Bahrain BSC (BAH:ALBH) 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.
Aluminium Bahrain BSC's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.915
/
2.54
=
0.36
* 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.
Aluminium Bahrain BSC Graham Number Related Terms
Aluminium Bahrain BSC Graham Number Historical Data
* Premium members only.
The historical data trend for Aluminium Bahrain BSC'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.
BAH:ALBH vs AA, CENX, CSTM: Graham Number Comparison
For the Aluminum subindustry, Aluminium Bahrain BSC'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.
Aluminium Bahrain BSC Price-to-Graham-Number vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Aluminium Bahrain BSC's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Aluminium Bahrain BSC'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.
Aluminium Bahrain BSC (BAH:ALBH) has a Graham Number of BHD2.54 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Aluminium Bahrain BSC and its competitors. This is 346% above median its historical median of 0.57. Over the past decade, Aluminium Bahrain BSC's Graham Number has ranged from 0.02 to 1.65. According to the industry distribution chart, Aluminium Bahrain BSC ranks #60 out of 616 companies in the Metals & Mining industry, placing it in the top 9.7%.
Is Aluminium Bahrain BSC's Graham Number too high?
Aluminium Bahrain BSC's current Graham Number of BHD2.54 is 346% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.65. Based on the distribution chart, Aluminium Bahrain BSC ranks #60 out of 616 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Aluminium Bahrain BSC has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aluminium Bahrain BSC's Graham Number compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Aluminium Bahrain BSC ranks #60 out of 616 companies for Graham Number. This places Aluminium Bahrain BSC in the top 10% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.24. Historically, Aluminium Bahrain BSC's own Graham Number has ranged from 0.02 to 1.65 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 1.24, based on 616 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 Aluminium Bahrain BSC and its competitors. For the Metals & Mining industry, the median Graham Number is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aluminium Bahrain BSC's current Graham Number is BHD2.54, which is 346% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluminium Bahrain BSC stock overvalued right now?
Based on GuruFocus' analysis, Aluminium Bahrain BSC (BAH:ALBH) is currently considered Modestly Undervalued. The stock's GF Value™ is BHD1.16, compared to a current price of BHD0.92 — trading 21.1% below its estimated fair value. The current Graham Number is BHD2.54, which is 346% above median its 10-year median of 0.57. Aluminium Bahrain BSC's overall GF Score™ is 100/100 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 Aluminium Bahrain BSC (BAH:ALBH), the current Graham Number is BHD2.54 as of Mar. 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.
Is Aluminium Bahrain BSC (BAH:ALBH) Overvalued in 2026?
Based on GuruFocus' analysis, Aluminium Bahrain BSC stock appears to be undervalued.
The current stock price of BHD0.92 is trading 21.1% below its estimated GF Value™ of BHD1.16.
GuruFocus considers Aluminium Bahrain BSC to be Modestly Undervalued.
Key valuation signals for BAH:ALBH:
Graham Number: BHD2.54 (346% above median its 10-year median of 0.57)
GF Value™: BHD1.16 vs. price of BHD0.92 (21.1% below fair value)
No single metric tells the full story. See the BAH:ALBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aluminium Bahrain BSC manufactures aluminum and aluminum related products. The company owns and operates aluminum smelter where it produces Extrusion Billets, Foundry Alloy Ingots Propertzi and Standard Ingot Form, Rolling Slabs, Tee and Standard Ingots and Liquid Metal. The other products of the company are anodes, water, power, and calcined coke. Geographically, the company operates in Kingdom of Bahrain, Europe, Rest of the Middle East and North Africa, Asia and Americas.
100GF Score
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