CASBF (CanSino Biologics) Graham Number: $1.01 (As of Dec. 2025) — 78% Below Median

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CASBF CanSino Biologics Inc CASBF
69 GF Score
Price $2.60
GF Value $8.73
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is CanSino Biologics Graham Number?

CanSino Biologics CASBF 69 Graham Number is $1.01 as of Dec. 2025, which is 78% below its 10-year median of 4.49. GuruFocus rates CASBF with a GF Score™ of 69/100 and a GF Value™ of $8.73 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 604 Drug Manufacturers companies, CanSino Biologics ranks worse than 79.14% 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 CanSino Biologics is $2.60. CanSino Biologics's graham number for the quarter that ended in Dec. 2025 was $1.01. Therefore, CanSino Biologics's Price to Graham Number ratio for today is 2.57.

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

CASBF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.02   Med: 4.49   Max: 6.96
Current: 2.99

During the past 10 years, the highest Price to Graham Number ratio of CanSino Biologics was 6.96. The lowest was 2.02. And the median was 4.49.

CASBF's Price-to-Graham-Number is ranked worse than
79.14% of 604 companies
in the Drug Manufacturers industry
Industry Median: 1.56 vs CASBF: 2.99

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


CanSino Biologics  (OTCPK:CASBF) 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.

CanSino Biologics's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=2.60/1.01
=2.57

* 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.


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.


CanSino Biologics Graham Number Related Terms


CanSino Biologics Graham Number Historical Data

* Premium members only.

The historical data trend for CanSino Biologics'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.

CanSino Biologics Graham Number Chart

CanSino Biologics 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 11.42 0.00 0.00 0.00 0.65

CanSino Biologics Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Jun25 Sep25 Dec25
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 1.06 1.01

CASBF vs ZTS, UTHR: Graham Number Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, CanSino Biologics'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.


CanSino Biologics Price-to-Graham-Number vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CanSino Biologics's Price-to-Graham-Number distribution charts can be found below:

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


CASBF
69GF Score
CanSino Biologics Inc CASBF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CanSino Biologics Graham Number Calculation

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

CanSino Biologics'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*2.667*0.007)
=0.65

CanSino Biologics's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*2.667*0.017)
=1.01

* 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 $1.01 mean?
CanSino Biologics (CASBF) has a Graham Number of $1.01 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on CanSino Biologics and its competitors. This is 78% below median its historical median of 4.49. Over the past decade, CanSino Biologics' Graham Number has ranged from 2.02 to 6.96. According to the industry distribution chart, CanSino Biologics ranks #478 out of 604 companies in the Drug Manufacturers industry, placing it in the top 79.1%.
Is CanSino Biologics' Graham Number too high?
CanSino Biologics' current Graham Number of $1.01 is 78% below median its 10-year median of 4.49. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 6.96. The Drug Manufacturers industry median Graham Number is 1.56. CanSino Biologics' value of $1.01 is 35.3% below this industry median. Based on the distribution chart, CanSino Biologics ranks #478 out of 604 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, CanSino Biologics has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CanSino Biologics' Graham Number compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, CanSino Biologics ranks #478 out of 604 companies for Graham Number. This places CanSino Biologics in the lower half of its industry. The industry median Graham Number is 1.56. CanSino Biologics' value of $1.01 is 35.3% below this benchmark. Historically, CanSino Biologics' own Graham Number has ranged from 2.02 to 6.96 over the past decade. While the company's 10-year median is 4.49 vs. the industry median of 1.56, CanSino Biologics 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 a Drug Manufacturers company?
The median Graham Number among Drug Manufacturers companies is 1.56, based on 604 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. CanSino Biologics's current Graham Number of $1.01 is 35.3% 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 CanSino Biologics and its competitors. For the Drug Manufacturers industry, the median Graham Number is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CanSino Biologics's current Graham Number is $1.01, which is 78% below median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CanSino Biologics stock overvalued right now?
Based on GuruFocus' analysis, CanSino Biologics (CASBF) is currently considered Significantly Undervalued. The stock's GF Value™ is $8.73, compared to a current price of $2.60 — trading 70.2% below its estimated fair value. The current Graham Number is $1.01, which is 78% below median its 10-year median of 4.49 and 35.3% below the Drug Manufacturers industry median of 1.56. CanSino Biologics' overall GF Score™ is 69/100 with 3 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 CanSino Biologics (CASBF), the current Graham Number is $1.01 as of Dec. 2025. 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 CanSino Biologics (CASBF) Overvalued in 2026?

Based on GuruFocus' analysis, CanSino Biologics stock appears to be undervalued. The current stock price of $2.60 is trading 70.2% below its estimated GF Value™ of $8.73. GuruFocus considers CanSino Biologics to be Significantly Undervalued.

Key valuation signals for CASBF:

  • Graham Number: $1.01 (78% below median its 10-year median of 4.49)
  • GF Value™: $8.73 vs. price of $2.60 (70.2% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 35.3% below the Drug Manufacturers median (#478 of 604)

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


CanSino Biologics Business Description

Address 185 South Avenue, 401-420, 4th Floor, Biomedical Park, TEDA West District, Tianjin, CHN
CanSino Biologics Inc is engaged in the research and development, manufacturing, and commercialization of vaccine products for human use. The company has a broad portfolio of vaccines and vaccine candidates for several disease areas. Its commercial-stage products are Menhycia and Menphecia, iPneucia, Convidecia and Convidecia Air, and XBB.1.5 Variant, and Ad5-EBOV. The company's clinical-stage products include Tetanus Vaccine, DTcP Infant, Tdcp Adolescent and Adult, Recombinant Poliomyelitis Vaccine, PBPV, and Recombinant Zoster Vaccine, among others. Additionally, it has various vaccine candidates in pre-clinical programs, targeting diseases such as influenza, meningitis, pneumonia, and others. Geographically, the company generates maximum revenue from the People's Republic of China.
69GF Score

Get the complete analysis for CASBF

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

$2.60
Price
$8.73
GF Value