BOYAF (Boyaa Interactive International) Graham Number: $0.57 (As of Mar. 2026) — 63% Above 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.
Reviewed by: Charlie Tian Charlie Tian
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.

BOYAF Boyaa Interactive International Ltd BOYAF
68 GF Score
Price $0.45
GF Value $0.57
! 1 Warning Sign
View Full Analysis

What is Boyaa Interactive International Graham Number?

Boyaa Interactive International BOYAF 68 Graham Number is $0.57 as of Mar. 2026, which is 63% above its 10-year median of 0.35. GuruFocus rates BOYAF with a GF Score™ of 68/100 and a GF Value™ of $0.57. The stock has 1 warning sign investors should review. Among 283 Interactive Media companies, Boyaa Interactive International ranks better than 91.17% 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 (2026-07-15), the stock price of Boyaa Interactive International is $0.45. Boyaa Interactive International's graham number for the quarter that ended in Mar. 2026 was $0.57. Therefore, Boyaa Interactive International's Price to Graham Number ratio for today is 0.79.

The historical rank and industry rank for Boyaa Interactive International's Graham Number or its related term are showing as below:

BOYAF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.13   Med: 0.35   Max: 1.39
Current: 0.46

During the past 13 years, the highest Price to Graham Number ratio of Boyaa Interactive International was 1.39. The lowest was 0.13. And the median was 0.35.

BOYAF's Price-to-Graham-Number is ranked better than
91.17% of 283 companies
in the Interactive Media industry
Industry Median: 1.43 vs BOYAF: 0.46

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


Boyaa Interactive International  (OTCPK:BOYAF) 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.

Boyaa Interactive International's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.45/0.57
=0.79

* 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.


Boyaa Interactive International Graham Number Related Terms


Boyaa Interactive International Graham Number Historical Data

* Premium members only.

The historical data trend for Boyaa Interactive International'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.

Boyaa Interactive International Graham Number Chart

Boyaa Interactive International 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 0.38 0.39 0.52 1.50 0.00

Boyaa Interactive International Quarterly Data
Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1.33 1.82 1.94 0.59 0.57

BOYAF vs NTES, EA, TTWO: Graham Number Comparison

For the Electronic Gaming & Multimedia subindustry, Boyaa Interactive International'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.


Boyaa Interactive International Price-to-Graham-Number vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Boyaa Interactive International's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Boyaa Interactive International's Price-to-Graham-Number falls into.


BOYAF
68GF Score
Boyaa Interactive International Ltd BOYAF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boyaa Interactive International Graham Number Calculation

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

Boyaa Interactive International'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*0.504*-0.046)
=N/A

Boyaa Interactive International'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*0.422*0.034)
=0.57

* 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 $0.57 mean?
Boyaa Interactive International (BOYAF) has a Graham Number of $0.57 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Boyaa Interactive International and its competitors. This is 63% above median its historical median of 0.35. Over the past decade, Boyaa Interactive International's Graham Number has ranged from 0.13 to 1.39. According to the industry distribution chart, Boyaa Interactive International ranks #25 out of 283 companies in the Interactive Media industry, placing it in the top 8.8%.
Is Boyaa Interactive International's Graham Number too high?
Boyaa Interactive International's current Graham Number of $0.57 is 63% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.39. The Interactive Media industry median Graham Number is 1.43. Boyaa Interactive International's value of $0.57 is 60.1% below this industry median. Based on the distribution chart, Boyaa Interactive International ranks #25 out of 283 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Boyaa Interactive International has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Boyaa Interactive International's Graham Number compare to NTES and EA?
According to the Interactive Media industry distribution chart, Boyaa Interactive International ranks #25 out of 283 companies for Graham Number. This places Boyaa Interactive International in the top 9% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.43. Boyaa Interactive International's value of $0.57 is 60.1% below this benchmark. Historically, Boyaa Interactive International's own Graham Number has ranged from 0.13 to 1.39 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.43, Boyaa Interactive International has consistently been below the industry average. 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 an Interactive Media company?
The median Graham Number among Interactive Media companies is 1.43, based on 283 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. Boyaa Interactive International's current Graham Number of $0.57 is 60.1% below the industry median. 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 Boyaa Interactive International and its competitors. For the Interactive Media industry, the median Graham Number is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boyaa Interactive International's current Graham Number is $0.57, which is 63% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boyaa Interactive International stock overvalued right now?
Boyaa Interactive International (BOYAF) has a current Graham Number of $0.57. The stock's GF Value™ is $0.57, compared to a current price of $0.45 — trading 21.1% below its estimated fair value. The current Graham Number is $0.57, which is 63% above median its 10-year median of 0.35 and 60.1% below the Interactive Media industry median of 1.43. Boyaa Interactive International's overall GF Score™ is 68/100 with 1 warning sign 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 Boyaa Interactive International (BOYAF), the current Graham Number is $0.57 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 Boyaa Interactive International (BOYAF) Overvalued in 2026?

Based on GuruFocus' analysis, Boyaa Interactive International stock appears to be undervalued. The current stock price of $0.45 is trading 21.1% below its estimated GF Value™ of $0.57.

Key valuation signals for BOYAF:

  • Graham Number: $0.57 (63% above median its 10-year median of 0.35)
  • GF Value™: $0.57 vs. price of $0.45 (21.1% below fair value)
  • GF Score™: 68/100 with 1 warning sign
  • Industry Position: 60.1% below the Interactive Media median (#25 of 283)

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


Boyaa Interactive International Business Description

Other Exchanges 00434:Hong Kong
Address 188 Des Voeux Road Central, 19th Floor, Golden Centre, Hong Kong, HKG
Boyaa Interactive International Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the development and operation of online card and board games, and is committed to promoting and developing Web3 game-related business. The group's reportable segments are the Online game related business, the Web3 related business, and the Property investment business. A majority of its revenue is generated from the Online game related business segment, which is engaged in mobile and computer games development, operations, and related advisory services. Geographically, the group's operations are substantially located in Hong Kong.
68GF Score

Get the complete analysis for BOYAF

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

$0.45
Price
$0.57
GF Value