BSREF (BRS Resources) Graham Number: $0.59 (As of Apr. 2026) — 48% Below Median


BSREF BRS Resources Ltd BSREF
32 GF Score
Price $0.14
! 2 Warning Signs
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What is BRS Resources Graham Number?

BRS Resources BSREF -4.15% 32 Graham Number is $0.59 as of Apr. 2026, which is 48% below its 10-year median of 1.14. GuruFocus rates BSREF with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 606 Oil & Gas companies, BRS Resources ranks better than 96.7% 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 (2026-07-09), the stock price of BRS Resources is $0.1431. BRS Resources's graham number for the quarter that ended in Apr. 2026 was $0.59. Therefore, BRS Resources's Price to Graham Number ratio for today is 0.24.

The historical rank and industry rank for BRS Resources's Graham Number or its related term are showing as below:

BSREF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.28   Med: 1.14   Max: 2
Current: 0.29

During the past 13 years, the highest Price to Graham Number ratio of BRS Resources was 2.00. The lowest was 0.28. And the median was 1.14.

BSREF's Price-to-Graham-Number is ranked better than
96.7% of 606 companies
in the Oil & Gas industry
Industry Median: 1.06 vs BSREF: 0.29

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


BRS Resources  (OTCPK:BSREF) 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.

BRS Resources's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Apr. 2026 )
=0.1431/0.59
=0.24

* 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.


BRS Resources Graham Number Related Terms


BRS Resources Graham Number Historical Data

* Premium members only.

The historical data trend for BRS Resources'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.

BRS Resources Graham Number Chart

BRS Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BRS Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 0.00 0.59

BSREF vs COP, EOG, FANG: Graham Number Comparison

For the Oil & Gas E&P subindustry, BRS Resources'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.


BRS Resources Price-to-Graham-Number vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BRS Resources's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where BRS Resources's Price-to-Graham-Number falls into.


BSREF
32GF Score
BRS Resources Ltd BSREF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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BRS Resources Graham Number Calculation

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

BRS Resources's Graham Number for the fiscal year that ended in Oct. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.176*-0.016)
=N/A

BRS Resources's Graham Number for the quarter that ended in Apr. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.28*0.055)
=0.59

* 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 $0.59 mean?
BRS Resources (BSREF) has a Graham Number of $0.59 as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on BRS Resources and its competitors. This is 48% below median its historical median of 1.14. Over the past decade, BRS Resources' Graham Number has ranged from 0.28 to 2.00. According to the industry distribution chart, BRS Resources ranks #20 out of 606 companies in the Oil & Gas industry, placing it in the top 3.3%.
Is BRS Resources' Graham Number too high?
BRS Resources' current Graham Number of $0.59 is 48% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 2.00. The Oil & Gas industry median Graham Number is 1.06. BRS Resources' value of $0.59 is 44.3% below this industry median. Based on the distribution chart, BRS Resources ranks #20 out of 606 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, BRS Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does BRS Resources' Graham Number compare to COP and EOG?
According to the Oil & Gas industry distribution chart, BRS Resources ranks #20 out of 606 companies for Graham Number. This places BRS Resources in the top 3% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.06. BRS Resources' value of $0.59 is 44.3% below this benchmark. Historically, BRS Resources' own Graham Number has ranged from 0.28 to 2.00 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.06, BRS Resources 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 Oil & Gas company?
The median Graham Number among Oil & Gas companies is 1.06, based on 606 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. BRS Resources's current Graham Number of $0.59 is 44.3% 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 BRS Resources and its competitors. For the Oil & Gas industry, the median Graham Number is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BRS Resources's current Graham Number is $0.59, which is 48% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRS Resources stock overvalued right now?
BRS Resources (BSREF) has a current Graham Number of $0.59. The current Graham Number is $0.59, which is 48% below median its 10-year median of 1.14 and 44.3% below the Oil & Gas industry median of 1.06. BRS Resources' overall GF Score™ is 32/100 with 2 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 BRS Resources (BSREF), the current Graham Number is $0.59 as of Apr. 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.

BRS Resources Business Description

Industry EnergyOil & Gas
Other Exchanges B4G:GermanyBRS:Canada
Address 1441 Johnston Road, Suite 308, White Rock, Vancouver, BC, CAN, V4B 3Z7
BRS Resources Ltd is a mineral exploration company. The company is engaged in identifying, acquiring, exploring, and evaluating mineral properties in Canada. The portfolio of the company includes the Cowtrail Gold-Copper Mining Project, Mining in the Golden Triangle Region, and other projects. The company operates in Canada and USA.
32GF Score

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$0.14
Price