Bluebik Group PCL (BKK:BBIK-R) Graham Number: ฿15.44 (As of Mar. 2026) — 273% Above Median


BKK:BBIK-R Bluebik Group PCL BKK:BBIK-R
91 GF Score
Price ฿18.62
GF Value ฿37.63
! 5 Warning Signs
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What is Bluebik Group PCL Graham Number?

Bluebik Group PCL BKK:BBIK-R 91 Graham Number is ฿15.44 as of Mar. 2026, which is 100% below its 10-year median of 4.14. GuruFocus rates BKK:BBIK-R with a GF Score™ of 91/100 and a GF Value™ of ฿37.63. The stock has 5 warning signs investors should review. Among 698 Business Services companies, Bluebik Group PCL ranks worse than 51.72% 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 (2026-07-05), the stock price of Bluebik Group PCL is ฿18.61763. Bluebik Group PCL's graham number for the quarter that ended in Mar. 2026 was ฿15.44. Therefore, Bluebik Group PCL's Price to Graham Number ratio for today is 1.21.

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

BKK:BBIK-R' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.04   Med: 4.14   Max: 10.16
Current: 1.24

During the past 9 years, the highest Price to Graham Number ratio of Bluebik Group PCL was 10.16. The lowest was 1.04. And the median was 4.14.

BKK:BBIK-R's Price-to-Graham-Number is ranked worse than
51.72% of 698 companies
in the Business Services industry
Industry Median: 1.18 vs BKK:BBIK-R: 1.24

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


Bluebik Group PCL  (BKK:BBIK-R) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=18.61763/15.44
=1.21

* 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.


Bluebik Group PCL Graham Number Related Terms


Bluebik Group PCL Graham Number Historical Data

* Premium members only.

The historical data trend for Bluebik Group PCL'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.

Bluebik Group PCL Graham Number Chart

Bluebik Group PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only 5.67 7.17 12.41 13.06 14.76

Bluebik Group PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.74 13.50 13.53 14.76 15.44

BKK:BBIK-R vs VRSK, EFX, BAH: Graham Number Comparison

For the Consulting Services subindustry, Bluebik Group PCL'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.


Bluebik Group PCL Price-to-Graham-Number vs Business Services Industry

For the Business Services industry and Industrials sector, Bluebik Group PCL's Price-to-Graham-Number distribution charts can be found below:

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


BKK:BBIK-R
91GF Score
Bluebik Group PCL BKK:BBIK-R
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bluebik Group PCL Graham Number Calculation

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

Bluebik Group PCL'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*5.723*1.693)
=14.76

Bluebik Group PCL's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*6.119*1.732)
=15.44

* 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 ฿15.44 mean?
Bluebik Group PCL (BKK:BBIK-R) has a Graham Number of ฿15.44 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Bluebik Group PCL and its competitors. This is 273% above median its historical median of 4.14. Over the past decade, Bluebik Group PCL's Graham Number has ranged from 1.04 to 10.16. According to the industry distribution chart, Bluebik Group PCL ranks #361 out of 698 companies in the Business Services industry, placing it in the top 51.7%.
Is Bluebik Group PCL's Graham Number too high?
Bluebik Group PCL's current Graham Number of ฿15.44 is 273% above median its 10-year median of 4.14. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 10.16. Based on the distribution chart, Bluebik Group PCL ranks #361 out of 698 companies in the Business Services industry, which is below the industry midpoint. Overall, Bluebik Group PCL has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Bluebik Group PCL's Graham Number compare to VRSK and EFX?
According to the Business Services industry distribution chart, Bluebik Group PCL ranks #361 out of 698 companies for Graham Number. This places Bluebik Group PCL in the lower half of its industry. The industry median Graham Number is 1.18. Historically, Bluebik Group PCL's own Graham Number has ranged from 1.04 to 10.16 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 Business Services company?
The median Graham Number among Business Services companies is 1.18, based on 698 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 Bluebik Group PCL and its competitors. For the Business Services industry, the median Graham Number is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bluebik Group PCL's current Graham Number is ฿15.44, which is 273% above median its own 10-year median of 4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bluebik Group PCL stock overvalued right now?
Bluebik Group PCL (BKK:BBIK-R) has a current Graham Number of ฿15.44. The stock's GF Value™ is ฿37.63, compared to a current price of ฿18.62 — trading 50.5% below its estimated fair value. The current Graham Number is ฿15.44, which is 273% above median its 10-year median of 4.14. Bluebik Group PCL's overall GF Score™ is 91/100 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 Bluebik Group PCL (BKK:BBIK-R), the current Graham Number is ฿15.44 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 Bluebik Group PCL (BKK:BBIK-R) Overvalued in 2026?

Based on GuruFocus' analysis, Bluebik Group PCL stock appears to be undervalued. The current stock price of ฿18.62 is trading 50.5% below its estimated GF Value™ of ฿37.63.

Key valuation signals for BKK:BBIK-R:

  • Graham Number: ฿15.44 (273% above median its 10-year median of 4.14)
  • GF Value™: ฿37.63 vs. price of ฿18.62 (50.5% below fair value)
  • GF Score™: 91/100 with 5 warning signs

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


Bluebik Group PCL Business Description

Other Exchanges BBIK:Thailand
Address 51, Naradhiwas Rajanagarindra Road, Silom Sub-district, Bangrak District, Bangkok, THA, 10500
Bluebik Group PCL is principally engaged in service provider for software design and development, management strategies consulting, strategic project management office (PMO), big data implementation and data analytic. The company's segments include Management Consulting, Digital Excellence and Delivery, Strategic Project Management Office and Big Data and Advanced Analytics. The majority of the company's revenue is derived from the Digital Excellence and Delivery segment. Geographically, it generates the maximum revenue from Thailand.
91GF Score

Get the complete analysis for BKK:BBIK-R

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

฿18.62
Price
฿37.63
GF Value