Camurus AB (CHIX:CAMXS) Graham Number: kr141.16 (As of Jun. 2026) — 2504% 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.
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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.

CHIX:CAMXS Camurus AB CHIX:CAMXS
84 GF Score
Price kr625.00
GF Value kr683.99
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Camurus AB Graham Number?

Camurus AB CHIX:CAMXS +1.50% 84 Graham Number is kr141.16 as of Jun. 2026, which is 100% below its 10-year median of 5.42. GuruFocus rates CHIX:CAMXS with a GF Score™ of 84/100 and a GF Value™ of kr683.99 (Fairly Valued). The stock has 1 warning sign investors should review. Among 252 Biotechnology companies, Camurus AB ranks worse than 82.94% 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 (2026-07-29), the stock price of Camurus AB is kr625.00. Camurus AB's graham number for the quarter that ended in Jun. 2026 was kr141.16. Therefore, Camurus AB's Price to Graham Number ratio for today is 4.43.

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

CHIX:CAMXs' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 3.4   Med: 5.42   Max: 18.85
Current: 4.43

During the past 13 years, the highest Price to Graham Number ratio of Camurus AB was 18.85. The lowest was 3.40. And the median was 5.42.

CHIX:CAMXs's Price-to-Graham-Number is ranked worse than
82.94% of 252 companies
in the Biotechnology industry
Industry Median: 1.735 vs CHIX:CAMXs: 4.43

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


Camurus AB  (CHIX:CAMXs) 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.

Camurus AB's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=625.00/141.16
=4.43

* 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.


Camurus AB Graham Number Related Terms


Camurus AB Graham Number Historical Data

* Premium members only.

The historical data trend for Camurus AB'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.

Camurus AB Graham Number Chart

Camurus AB 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 18.59 66.79 95.00 139.88

Camurus AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 132.41 142.08 140.00 137.55 141.16

CHIX:CAMXS vs VRTX, REGN, RVMD: Graham Number Comparison

For the Biotechnology subindustry, Camurus AB'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.


Camurus AB Price-to-Graham-Number vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Camurus AB's Price-to-Graham-Number distribution charts can be found below:

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


CHIX:CAMXS
84GF Score
Camurus AB CHIX:CAMXS
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Camurus AB Graham Number Calculation

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

Camurus AB'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*70.94*12.259)
=139.88

Camurus AB'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*78.3*11.31)
=141.16

* 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 kr141.16 mean?
Camurus AB (CHIX:CAMXS) has a Graham Number of kr141.16 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Camurus AB and its competitors. This is 2504% above median its historical median of 5.42. Over the past decade, Camurus AB's Graham Number has ranged from 3.40 to 18.85. According to the industry distribution chart, Camurus AB ranks #209 out of 252 companies in the Biotechnology industry, placing it in the top 82.9%.
Is Camurus AB's Graham Number too high?
Camurus AB's current Graham Number of kr141.16 is 2504% above median its 10-year median of 5.42. Over the past 10 years, this metric has ranged from a low of 3.40 to a high of 18.85. Based on the distribution chart, Camurus AB ranks #209 out of 252 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Camurus AB has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Camurus AB's Graham Number compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Camurus AB ranks #209 out of 252 companies for Graham Number. This places Camurus AB in the lower half of its industry. The industry median Graham Number is 1.74. Historically, Camurus AB's own Graham Number has ranged from 3.40 to 18.85 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 Biotechnology company?
The median Graham Number among Biotechnology companies is 1.74, based on 252 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 Camurus AB and its competitors. For the Biotechnology industry, the median Graham Number is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Camurus AB's current Graham Number is kr141.16, which is 2504% above median its own 10-year median of 5.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Camurus AB stock overvalued right now?
Based on GuruFocus' analysis, Camurus AB (CHIX:CAMXS) is currently considered Fairly Valued. The stock's GF Value™ is kr683.99, compared to a current price of kr625.00 — trading 8.6% below its estimated fair value. The current Graham Number is kr141.16, which is 2504% above median its 10-year median of 5.42. Camurus AB's overall GF Score™ is 84/100 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 Camurus AB (CHIX:CAMXS), the current Graham Number is kr141.16 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.

Is Camurus AB (CHIX:CAMXS) Overvalued in 2026?

Based on GuruFocus' analysis, Camurus AB stock appears to be undervalued. The current stock price of kr625.00 is trading 8.6% below its estimated GF Value™ of kr683.99. GuruFocus considers Camurus AB to be Fairly Valued.

Key valuation signals for CHIX:CAMXS:

  • Graham Number: kr141.16 (2504% above median its 10-year median of 5.42)
  • GF Value™: kr683.99 vs. price of kr625.00 (8.6% below fair value)
  • GF Score™: 84/100 with 1 warning sign

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


Camurus AB Business Description

Address Rydbergs torg 4, Lund, SWE, SE-224 84
Camurus AB is a science-led biopharmaceutical company focused on developing and commercializing long-acting medicines for the treatment of severe and chronic diseases. It has two approved products, including treatments for opioid dependence, and a development pipeline supported by its FluidCrystal technology. Its clinical pipeline includes product candidates for conditions such as pain, cancer, endocrine, and metabolic diseases, developed in-house and in collaboration with international pharmaceutical companies. Its pipeline programs include CAM2029 for acromegaly, gastroenteropancreatic neuroendocrine tumors, and polycystic liver disease; CAM2038 for chronic pain; CAM4072 for genetic obesity disorders; CAM2043 for Raynaud's phenomenon; CAM4071 for endocrine disorders, among others.
84GF Score

Get the complete analysis for CHIX:CAMXS

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

kr625.00
Price
kr683.99
GF Value