CLNFF (Calian Group) Graham Number: $N/A (As of Mar. 2026)

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.

CLNFF Calian Group Ltd CLNFF
94 GF Score
Price $56.17
GF Value $46.99
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Calian Group Graham Number?

Calian Group CLNFF 94 Graham Number is $N/A as of Mar. 2026. GuruFocus rates CLNFF with a GF Score™ of 94/100 and a GF Value™ of $46.99 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 699 Business Services companies, Calian Group ranks worse than 143061.37% 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 (2026-07-17), the stock price of Calian Group is $56.17. Calian Group's graham number for the quarter that ended in Mar. 2026 was $N/A. Therefore, Calian Group's Price to Graham Number ratio for today is N/A.

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

During the past 13 years, the highest Price to Graham Number ratio of Calian Group was 8.77. The lowest was 1.08. And the median was 2.06.

CLNFF's Price-to-Graham-Number is not ranked *
in the Business Services industry.
Industry Median: 1.18
* 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.


Calian Group  (OTCPK:CLNFF) 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.

Calian Group's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=56.17/N/A
=N/A

* 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.


Calian Group Graham Number Related Terms


Calian Group Graham Number Historical Data

* Premium members only.

The historical data trend for Calian Group'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.

Calian Group Graham Number Chart

Calian Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.25 12.30 13.70 0.00 0.00

Calian Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00

CLNFF vs CTAS, CPRT, ULS: Graham Number Comparison

For the Specialty Business Services subindustry, Calian Group'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.


Calian Group Price-to-Graham-Number vs Business Services Industry

For the Business Services industry and Industrials sector, Calian Group's Price-to-Graham-Number distribution charts can be found below:

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


CLNFF
94GF Score
Calian Group Ltd CLNFF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Calian Group Graham Number Calculation

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

Calian Group's Graham Number for the fiscal year that ended in Sep. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-1.35*0.928)
=N/A

Calian Group's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-0.444*2.1)
=N/A

* 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 $N/A mean?
Calian Group (CLNFF) has a Graham Number of $N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Calian Group and its competitors. Over the past decade, Calian Group's Graham Number has ranged from 1.08 to 8.77. According to the industry distribution chart, Calian Group ranks #999999 out of 699 companies in the Business Services industry.
Is Calian Group's Graham Number too high?
Calian Group's current Graham Number is $N/A. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 8.77. Based on the distribution chart, Calian Group ranks #999999 out of 699 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Calian Group has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calian Group's Graham Number compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Calian Group ranks #999999 out of 699 companies for Graham Number. This places Calian Group in the lower half of its industry. The industry median Graham Number is 1.18. Historically, Calian Group's own Graham Number has ranged from 1.08 to 8.77 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 Business Services company?
The median Graham Number among Business Services companies is 1.18, based on 699 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 Calian Group and its competitors. For the Business Services industry, the median Graham Number is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calian Group's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calian Group stock overvalued right now?
Based on GuruFocus' analysis, Calian Group (CLNFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $46.99, compared to a current price of $56.17 — trading 19.5% above its estimated fair value. The current Graham Number is $N/A. Calian Group's overall GF Score™ is 94/100 with 6 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 Calian Group (CLNFF), the current Graham Number is $N/A 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 Calian Group (CLNFF) Overvalued in 2026?

Based on GuruFocus' analysis, Calian Group stock appears to be overvalued. The current stock price of $56.17 is trading 19.5% above its estimated GF Value™ of $46.99. GuruFocus considers Calian Group to be Modestly Overvalued.

Key valuation signals for CLNFF:

  • Graham Number: $N/A
  • GF Value™: $46.99 vs. price of $56.17 (19.5% above fair value)
  • GF Score™: 94/100 with 6 warning signs

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


Calian Group Business Description

Other Exchanges CGY:Canada
Address 770 Palladium Drive, Ottawa, ON, CAN, K2V 1C8
Calian Group Ltd provides services to industry and government across health, learning, defence, security, aerospace, engineering, AgTech, satcom, and IT. The company operates through four segments: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS), with majority revenue from Advanced Technologies. Its solutions cover cybersecurity and cloud services, communication and connectivity, antennas and SatCom solutions, enterprise IT and managed services, defence and military support, software and embedded design, modelling and simulation, and healthcare services, including virtual care, psychological services, staff augmentation, and pharma PSP and CRO services. It generates the majority of revenue from Canada and has a presence in the United States, Europe, and other.
94GF Score

Get the complete analysis for CLNFF

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

$56.17
Price
$46.99
GF Value