CESVF (Khen Energy) Graham Number: $0.56 (As of Jun. 2026) — 53% Below Median

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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.

CESVF Khen Energy Ltd CESVF
25 GF Score
Price $0.00
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What is Khen Energy Graham Number?

Khen Energy CESVF 25 Graham Number is $0.56 as of Jun. 2026, which is 53% below its 10-year median of 1.18. GuruFocus rates CESVF with a GF Score™ of 25/100. The stock has 7 warning signs investors should review. Among 273 Utilities - Independent Power Producers companies, Khen Energy ranks better than 99.63% 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 (2026-08-20), the stock price of Khen Energy is $0.0002. Khen Energy's graham number for the quarter that ended in Jun. 2026 was $0.56. Therefore, Khen Energy's Price to Graham Number ratio for today is 0.00.

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

During the past 13 years, the highest Price to Graham Number ratio of Khen Energy was 1.18. The lowest was 0.83. And the median was 1.18.

CESVF's Price-to-Graham-Number is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.14
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Khen Energy  (OTCPK:CESVF) 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.

Khen Energy's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=0.0002/0.53
=0.00

* 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.


Khen Energy Graham Number Related Terms


Khen Energy Graham Number Historical Data

* Premium members only.

The historical data trend for Khen Energy'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.

Khen Energy Graham Number Chart

Khen Energy 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 0.00 0.00 0.00 0.00 0.07

Khen Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Jun26
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 0.70 0.75 0.78 0.56

Khen Energy Graham Number Competitor Comparison

For the Utilities - Renewable subindustry, Khen Energy'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.


Khen Energy Price-to-Graham-Number vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Khen Energy's Price-to-Graham-Number distribution charts can be found below:

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


CESVF
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Khen Energy Ltd CESVF
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Khen Energy Graham Number Calculation

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

Khen Energy'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*0.049*0.005)
=0.07

Khen Energy's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.023*0.547)
=0.53

* 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 $0.56 mean?
Khen Energy (CESVF) has a Graham Number of $0.56 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Khen Energy and its competitors. This is 53% below median its historical median of 1.18. Over the past decade, Khen Energy's Graham Number has ranged from 0.83 to 1.18. According to the industry distribution chart, Khen Energy ranks #1 out of 273 companies in the Utilities - Independent Power Producers industry, placing it in the top 0.40000000000001%.
Is Khen Energy's Graham Number too high?
Khen Energy's current Graham Number of $0.56 is 53% below median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.18. The Utilities - Independent Power Producers industry median Graham Number is 1.14. Khen Energy's value of $0.56 is 50.9% below this industry median. Based on the distribution chart, Khen Energy ranks #1 out of 273 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Khen Energy has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Khen Energy's Graham Number compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Khen Energy ranks #1 out of 273 companies for Graham Number. This places Khen Energy in the top 0% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.14. Khen Energy's value of $0.56 is 50.9% below this benchmark. Historically, Khen Energy's own Graham Number has ranged from 0.83 to 1.18 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.14, Khen Energy 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 Utilities - Independent Power Producers company?
The median Graham Number among Utilities - Independent Power Producers companies is 1.14, based on 273 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. Khen Energy's current Graham Number of $0.56 is 50.9% 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 Khen Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Graham Number is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khen Energy's current Graham Number is $0.56, which is 53% below median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khen Energy stock overvalued right now?
Khen Energy (CESVF) has a current Graham Number of $0.56. The current Graham Number is $0.56, which is 53% below median its 10-year median of 1.18 and 50.9% below the Utilities - Independent Power Producers industry median of 1.14. Khen Energy's overall GF Score™ is 25/100 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 Khen Energy (CESVF), the current Graham Number is $0.56 as of Jun. 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.

Khen Energy Business Description

Other Exchanges YSV:Singapore
Address 1 Sims Lane, No. 06-11, Singapore, SGP, 387355
Khen Energy Ltd, formerly known as Charisma Energy Services Ltd, is an investment holding company which engages in the power and energy service businesses. It is involved in owning and leasing hydropower generation equipment, and accommodation modules, and trading of oil and gas related products. It also offers ship owning and chartering services, as well as develops, owns, and operates a solar power plant. The group's revenue, capital expenditure, assets and liabilities were mainly derived from one single business segment, being development and operation of renewable energy power plants for the generation and sale of renewable energy. Its Substantial revenue for the company is generated from its Energy and power services segment. The businesses of the Group are in Singapore and Sri Lanka.
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