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Avax Apparels And OrnamentsBOM:544337 -4.98%19 Graham Number is ₹30.34 as of Mar. 2026. GuruFocus rates BOM:544337 with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 730 Manufacturing - Apparel & Accessories companies, Avax Apparels And Ornaments ranks worse than 68.9% 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.
The historical rank and industry rank for Avax Apparels And Ornaments's Graham Number or its related term are showing as below:
BOM:544337'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.46 Med: 0.91 Max: 1.74
Current: 1.55
During the past 6 years, the highest Price to Graham Number ratio of Avax Apparels And Ornaments was 1.74. The lowest was 0.46. And the median was 0.91.
BOM:544337's Price-to-Graham-Number is ranked worse than 68.9% of 730
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.03
vs BOM:544337: 1.55
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Avax Apparels And Ornaments (BOM:544337) 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.
Avax Apparels And Ornaments's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
46.89
/
30.34
=
1.55
* 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.
Avax Apparels And Ornaments Graham Number Related Terms
Avax Apparels And Ornaments Graham Number Historical Data
* 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.
BOM:544337 vs RL, LEVI, VFC: Graham Number Comparison
For the Apparel Manufacturing subindustry, Avax Apparels And Ornaments'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.
Avax Apparels And Ornaments Price-to-Graham-Number vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Avax Apparels And Ornaments's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Avax Apparels And Ornaments'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.
Avax Apparels And Ornaments (BOM:544337) has a Graham Number of ₹30.34 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Avax Apparels And Ornaments and its competitors. According to the industry distribution chart, Avax Apparels And Ornaments ranks #503 out of 730 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 68.9%.
Is Avax Apparels And Ornaments' Graham Number too high?
Avax Apparels And Ornaments' current Graham Number is ₹30.34. Based on the distribution chart, Avax Apparels And Ornaments ranks #503 out of 730 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Avax Apparels And Ornaments has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Avax Apparels And Ornaments' Graham Number compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Avax Apparels And Ornaments ranks #503 out of 730 companies for Graham Number. This places Avax Apparels And Ornaments in the lower half of its industry. The industry median Graham Number is 1.03. 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 Manufacturing - Apparel & Accessories company?
The median Graham Number among Manufacturing - Apparel & Accessories companies is 1.03, based on 730 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 Avax Apparels And Ornaments and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Graham Number is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avax Apparels And Ornaments's current Graham Number is ₹30.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avax Apparels And Ornaments stock overvalued right now?
Avax Apparels And Ornaments (BOM:544337) has a current Graham Number of ₹30.34. The current Graham Number is ₹30.34. Avax Apparels And Ornaments' overall GF Score™ is 19/100 with 7 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 Avax Apparels And Ornaments (BOM:544337), the current Graham Number is ₹30.34 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.
Avax Apparels And Ornaments Ltd engages in two distinct lines of business: Wholesale trading and Online retail of silver ornaments. Wholesale trading engages in the trading of knitted cloth. The company buys from manufacturers and supplies wholesale to companies and readymade garment manufacturers in Punjab. The company specializes in knitted cloth, which is used for manufacturing ladies' and gents' jackets. Online retail silver ornaments business which includes a range of designs and articles with a choice of the weight of products. The company has two segments namely; Knitted Clothes and Online Retail Sale - silver ornament. The company generates the majority of its revenue from the Knitted Clothes segment.
19GF Score
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