CHRHF (Chervon Holdings) Graham Number: $2.59 (As of Dec. 2025) — 116% Above Median

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Vera Yuan
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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.

CHRHF Chervon Holdings Ltd CHRHF
80 GF Score
Price $2.65
GF Value $3.19
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Chervon Holdings Graham Number?

Chervon Holdings CHRHF 80 Graham Number is $2.59 as of Dec. 2025, which is 116% above its 10-year median of 1.20. GuruFocus rates CHRHF with a GF Score™ of 80/100 and a GF Value™ of $3.19 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,200 Industrial Products companies, Chervon Holdings ranks better than 77.64% 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 (2026-07-19), the stock price of Chervon Holdings is $2.65. Chervon Holdings's graham number for the quarter that ended in Dec. 2025 was $2.59. Therefore, Chervon Holdings's Price to Graham Number ratio for today is 1.02.

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

CHRHF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.66   Med: 1.2   Max: 2.3
Current: 0.94

During the past 8 years, the highest Price to Graham Number ratio of Chervon Holdings was 2.30. The lowest was 0.66. And the median was 1.20.

CHRHF's Price-to-Graham-Number is ranked better than
77.64% of 2200 companies
in the Industrial Products industry
Industry Median: 1.695 vs CHRHF: 0.94

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


Chervon Holdings  (OTCPK:CHRHF) 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.

Chervon Holdings's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=2.65/2.59
=1.02

* 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.


Chervon Holdings Graham Number Related Terms


Chervon Holdings Graham Number Historical Data

* Premium members only.

The historical data trend for Chervon Holdings'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.

Chervon Holdings Graham Number Chart

Chervon Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial 3.07 3.87 0.00 3.38 2.58

Chervon Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.00 0.00 3.38 3.58 2.59

CHRHF vs SNA, RBC, LECO: Graham Number Comparison

For the Tools & Accessories subindustry, Chervon Holdings'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.


Chervon Holdings Price-to-Graham-Number vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chervon Holdings's Price-to-Graham-Number distribution charts can be found below:

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


CHRHF
80GF Score
Chervon Holdings Ltd CHRHF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chervon Holdings Graham Number Calculation

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

Chervon Holdings'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*1.972*0.15)
=2.58

Chervon Holdings'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*1.972*0.151)
=2.59

* 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 $2.59 mean?
Chervon Holdings (CHRHF) has a Graham Number of $2.59 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Chervon Holdings and its competitors. This is 116% above median its historical median of 1.20. Over the past decade, Chervon Holdings' Graham Number has ranged from 0.66 to 2.30. According to the industry distribution chart, Chervon Holdings ranks #492 out of 2200 companies in the Industrial Products industry, placing it in the top 22.4%.
Is Chervon Holdings' Graham Number too high?
Chervon Holdings' current Graham Number of $2.59 is 116% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.30. The Industrial Products industry median Graham Number is 1.70. Chervon Holdings' value of $2.59 is 52.8% above this industry median. Based on the distribution chart, Chervon Holdings ranks #492 out of 2200 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chervon Holdings has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chervon Holdings' Graham Number compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Chervon Holdings ranks #492 out of 2200 companies for Graham Number. This places Chervon Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.70. Chervon Holdings' value of $2.59 is 52.8% above this benchmark. Historically, Chervon Holdings' own Graham Number has ranged from 0.66 to 2.30 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.70, Chervon Holdings has consistently been above 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 Industrial Products company?
The median Graham Number among Industrial Products companies is 1.70, based on 2,200 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. Chervon Holdings's current Graham Number of $2.59 is 52.8% above 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 Chervon Holdings and its competitors. For the Industrial Products industry, the median Graham Number is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chervon Holdings's current Graham Number is $2.59, which is 116% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chervon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Chervon Holdings (CHRHF) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.19, compared to a current price of $2.65 — trading 16.9% below its estimated fair value. The current Graham Number is $2.59, which is 116% above median its 10-year median of 1.20 and 52.8% above the Industrial Products industry median of 1.70. Chervon Holdings' overall GF Score™ is 80/100 with 4 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 Chervon Holdings (CHRHF), the current Graham Number is $2.59 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 Chervon Holdings (CHRHF) Overvalued in 2026?

Based on GuruFocus' analysis, Chervon Holdings stock appears to be undervalued. The current stock price of $2.65 is trading 16.9% below its estimated GF Value™ of $3.19. GuruFocus considers Chervon Holdings to be Modestly Undervalued.

Key valuation signals for CHRHF:

  • Graham Number: $2.59 (116% above median its 10-year median of 1.20)
  • GF Value™: $3.19 vs. price of $2.65 (16.9% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 52.8% above the Industrial Products median (#492 of 2200)

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


Chervon Holdings Business Description

Other Exchanges 02285:Hong KongAZ9:Germany
Address No. 99, Tianyuan West Road, Jiangning Economic and Technological Development Zone, Nanjing, CHN
Chervon Holdings Ltd is an investment holding company. The company along with its subsidiaries are engaged in researching, developing, manufacturing, testing, selling, and providing after-sales services for power tools, outdoor power equipment, and related products. The company has three reportable segments: Power tools, Outdoor power equipment, and Others. The Company earned the majority of its revenue from the sale of outdoor power equipment. Geographically, the company operates in North America, Europe, China, and the Rest of the World. The majority of its revenue is generated from the North America region.
80GF Score

Get the complete analysis for CHRHF

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

$2.65
Price
$3.19
GF Value