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B2 Impact ASACHIX:B2IO 61 Graham Number is kr22.77 as of Mar. 2026, which is 100% below its 10-year median of 0.70. GuruFocus rates CHIX:B2IO with a GF Score™ of 61/100 and a GF Value™ of kr12.94. The stock has 5 warning signs investors should review. Among 402 Credit Services companies, B2 Impact ASA ranks worse than 61.19% 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 (2026-07-16), the stock price of B2 Impact ASA is kr24.90. B2 Impact ASA's graham number for the quarter that ended in Mar. 2026 was kr22.77. Therefore, B2 Impact ASA's Price to Graham Number ratio for today is 1.09.
The historical rank and industry rank for B2 Impact ASA's Graham Number or its related term are showing as below:
CHIX:B2Io'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.29 Med: 0.7 Max: 2.35
Current: 1.07
During the past 13 years, the highest Price to Graham Number ratio of B2 Impact ASA was 2.35. The lowest was 0.29. And the median was 0.70.
CHIX:B2Io's Price-to-Graham-Number is ranked worse than 61.19% of 402
companies
in the Credit Services industry
Industry Median: 0.815
vs CHIX:B2Io: 1.07
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
B2 Impact ASA (CHIX:B2Io) 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.
B2 Impact ASA's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
24.90
/
22.77
=
1.09
* 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.
B2 Impact ASA Graham Number Related Terms
B2 Impact ASA Graham Number Historical Data
* Premium members only.
The historical data trend for B2 Impact ASA'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.
For the Credit Services subindustry, B2 Impact ASA'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.
B2 Impact ASA Price-to-Graham-Number vs Credit Services Industry
For the Credit Services industry and Financial Services sector, B2 Impact ASA's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where B2 Impact ASA'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.
B2 Impact ASA (CHIX:B2IO) has a Graham Number of kr22.77 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on B2 Impact ASA and its competitors. This is 3153% above median its historical median of 0.70. Over the past decade, B2 Impact ASA's Graham Number has ranged from 0.29 to 2.35. According to the industry distribution chart, B2 Impact ASA ranks #246 out of 402 companies in the Credit Services industry, placing it in the top 61.2%.
Is B2 Impact ASA's Graham Number too high?
B2 Impact ASA's current Graham Number of kr22.77 is 3153% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.35. Based on the distribution chart, B2 Impact ASA ranks #246 out of 402 companies in the Credit Services industry, which is below the industry midpoint. Overall, B2 Impact ASA has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does B2 Impact ASA's Graham Number compare to V and MA?
According to the Credit Services industry distribution chart, B2 Impact ASA ranks #246 out of 402 companies for Graham Number. This places B2 Impact ASA in the lower half of its industry. The industry median Graham Number is 0.82. Historically, B2 Impact ASA's own Graham Number has ranged from 0.29 to 2.35 over the past decade. 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 Credit Services company?
The median Graham Number among Credit Services companies is 0.82, based on 402 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 B2 Impact ASA and its competitors. For the Credit Services industry, the median Graham Number is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B2 Impact ASA's current Graham Number is kr22.77, which is 3153% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B2 Impact ASA stock overvalued right now?
B2 Impact ASA (CHIX:B2IO) has a current Graham Number of kr22.77. The stock's GF Value™ is kr12.94, compared to a current price of kr24.90 — trading 92.4% above its estimated fair value. The current Graham Number is kr22.77, which is 3153% above median its 10-year median of 0.70. B2 Impact ASA's overall GF Score™ is 61/100 with 5 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 B2 Impact ASA (CHIX:B2IO), the current Graham Number is kr22.77 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 B2 Impact ASA (CHIX:B2IO) Overvalued in 2026?
Based on GuruFocus' analysis, B2 Impact ASA stock appears to be overvalued.
The current stock price of kr24.90 is trading 92.4% above its estimated GF Value™ of kr12.94.
Key valuation signals for CHIX:B2IO:
Graham Number: kr22.77 (3153% above median its 10-year median of 0.70)
GF Value™: kr12.94 vs. price of kr24.90 (92.4% above fair value)
No single metric tells the full story. See the CHIX:B2IO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B2 Impact ASA is a Nordic-based debt management company and a pan-European debt solutions provider active in purchasing non-performing loans, debt collection, and third-party debt collection. The company offers solutions to the challenges created by defaulted loans through transparent and ethical debt management, builds financial health, and provides liquidity to financial institutions, contributing to a healthier financial system. The Group's services include debt collection, debt purchase, and third-party debt collection. Its main business lines are investments in non-performing loan (NPL) portfolios and servicing of debt, including third-party debt collection, with operations focused on unsecured and secured asset management across multiple European markets.
61GF Score
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