Seef Properties BSC (BAH:SEEF) Graham Number: BHD0.30 (As of Jun. 2026) — 40% Below Median

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.

BAH:SEEF Seef Properties BSC BAH:SEEF
73 GF Score
Price BHD0.12
GF Value BHD0.10
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Seef Properties BSC Graham Number?

Seef Properties BSC BAH:SEEF 73 Graham Number is BHD0.30 as of Jun. 2026, which is 100% below its 10-year median of 0.50. GuruFocus rates BAH:SEEF with a GF Score™ of 73/100 and a GF Value™ of BHD0.10 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,171 Real Estate companies, Seef Properties BSC ranks better than 80.87% 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 (2026-08-14), the stock price of Seef Properties BSC is BHD0.123. Seef Properties BSC's graham number for the quarter that ended in Jun. 2026 was BHD0.30. Therefore, Seef Properties BSC's Price to Graham Number ratio for today is 0.41.

The historical rank and industry rank for Seef Properties BSC's Graham Number or its related term are showing as below:

BAH:SEEF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.36   Med: 0.5   Max: 0.63
Current: 0.41

During the past 13 years, the highest Price to Graham Number ratio of Seef Properties BSC was 0.63. The lowest was 0.36. And the median was 0.50.

BAH:SEEF's Price-to-Graham-Number is ranked better than
80.87% of 1171 companies
in the Real Estate industry
Industry Median: 0.74 vs BAH:SEEF: 0.41

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


Seef Properties BSC  (BAH:SEEF) 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.

Seef Properties BSC's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=0.123/0.30
=0.41

* 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.


Seef Properties BSC Graham Number Related Terms


Seef Properties BSC Graham Number Historical Data

* Premium members only.

The historical data trend for Seef Properties 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.

Seef Properties BSC Graham Number Chart

Seef Properties BSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.32 0.33 0.31 0.32

Seef Properties BSC Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.33 0.31 0.30 0.32 0.30

BAH:SEEF vs CBRE, BEKE, JLL: Graham Number Comparison

For the Real Estate Services subindustry, Seef Properties 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.


Seef Properties BSC Price-to-Graham-Number vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Seef Properties BSC's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Seef Properties BSC's Price-to-Graham-Number falls into.


BAH:SEEF
73GF Score
Seef Properties BSC BAH:SEEF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seef Properties BSC Graham Number Calculation

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

Seef Properties BSC's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.361*0.013)
=0.32

Seef Properties BSC's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.356*0.011)
=0.30

* 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 BHD0.30 mean?
Seef Properties BSC (BAH:SEEF) has a Graham Number of BHD0.30 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Seef Properties BSC and its competitors. This is 40% below median its historical median of 0.50. Over the past decade, Seef Properties BSC's Graham Number has ranged from 0.36 to 0.63. According to the industry distribution chart, Seef Properties BSC ranks #224 out of 1171 companies in the Real Estate industry, placing it in the top 19.1%.
Is Seef Properties BSC's Graham Number too high?
Seef Properties BSC's current Graham Number of BHD0.30 is 40% below median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.63. Based on the distribution chart, Seef Properties BSC ranks #224 out of 1171 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Seef Properties BSC has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seef Properties BSC's Graham Number compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Seef Properties BSC ranks #224 out of 1171 companies for Graham Number. This places Seef Properties BSC in the top 19% of its industry — outperforming the majority of peers. The industry median Graham Number is 0.74. Historically, Seef Properties BSC's own Graham Number has ranged from 0.36 to 0.63 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 Real Estate company?
The median Graham Number among Real Estate companies is 0.74, based on 1,171 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 Seef Properties BSC and its competitors. For the Real Estate industry, the median Graham Number is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seef Properties BSC's current Graham Number is BHD0.30, which is 40% below median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seef Properties BSC stock overvalued right now?
Based on GuruFocus' analysis, Seef Properties BSC (BAH:SEEF) is currently considered Modestly Overvalued. The stock's GF Value™ is BHD0.10, compared to a current price of BHD0.12 — trading 23% above its estimated fair value. The current Graham Number is BHD0.30, which is 40% below median its 10-year median of 0.50. Seef Properties BSC's overall GF Score™ is 73/100 with 5 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 Seef Properties BSC (BAH:SEEF), the current Graham Number is BHD0.30 as of Jun. 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 Seef Properties BSC (BAH:SEEF) Overvalued in 2026?

Based on GuruFocus' analysis, Seef Properties BSC stock appears to be overvalued. The current stock price of BHD0.12 is trading 23% above its estimated GF Value™ of BHD0.10. GuruFocus considers Seef Properties BSC to be Modestly Overvalued.

Key valuation signals for BAH:SEEF:

  • Graham Number: BHD0.30 (40% below median its 10-year median of 0.50)
  • GF Value™: BHD0.10 vs. price of BHD0.12 (23% above fair value)
  • GF Score™: 73/100 with 5 warning signs

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


Seef Properties BSC Business Description

Address Road 2825, Block 428, P.O. Box 20084, Building 2102, Office 2001, Seef District, Manama, BHR
Seef Properties BSC is engaged in the real estate business and also provides leisure and recreational game facilities. The company, along with its subsidiaries, owns and manages Seef Mall, Isa Town Mall, Muharraq Seef Mall, Fraser Suites - Seef, Seef Entertainment, and other commercial facilities in the Kingdom of Bahrain. In addition, it manages, as part of property management service agreements, Souq Al Baraha and Al Liwan. The company's business segments are Malls and properties, Serviced apartments, Leisure and entertainment, and Other. A majority of its revenue is generated from the Malls and properties segment, which is engaged in the management of real estate including malls.
73GF Score

Get the complete analysis for BAH:SEEF

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

BHD0.12
Price
BHD0.10
GF Value