CVRAF (Convenience Retail Asia) Graham Number: $0.07 (As of Dec. 2025) — 93% Below Median

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CVRAF Convenience Retail Asia Ltd CVRAF
53 GF Score
Price $0.66
GF Value $1.00
! 4 Warning Signs
View Full Analysis

What is Convenience Retail Asia Graham Number?

Convenience Retail Asia CVRAF 53 Graham Number is $0.07 as of Dec. 2025, which is 93% below its 10-year median of 1.04. GuruFocus rates CVRAF with a GF Score™ of 53/100 and a GF Value™ of $1.00. The stock has 4 warning signs investors should review. Among 239 Retail - Defensive companies, Convenience Retail Asia ranks better than 82.01% 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 (2026-07-21), the stock price of Convenience Retail Asia is $0.66. Convenience Retail Asia's graham number for the quarter that ended in Dec. 2025 was $0.07. Therefore, Convenience Retail Asia's Price to Graham Number ratio for today is 10.09.

The historical rank and industry rank for Convenience Retail Asia's Graham Number or its related term are showing as below:

CVRAF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.61   Med: 1.04   Max: 6.25
Current: 0.66

During the past 13 years, the highest Price to Graham Number ratio of Convenience Retail Asia was 6.25. The lowest was 0.61. And the median was 1.04.

CVRAF's Price-to-Graham-Number is ranked better than
82.01% of 239 companies
in the Retail - Defensive industry
Industry Median: 1.3 vs CVRAF: 0.66

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


Convenience Retail Asia  (OTCPK:CVRAF) 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.

Convenience Retail Asia's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.66/0.07
=10.09

* 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.


Convenience Retail Asia Graham Number Related Terms


Convenience Retail Asia Graham Number Historical Data

* Premium members only.

The historical data trend for Convenience Retail Asia'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.

Convenience Retail Asia Graham Number Chart

Convenience Retail Asia 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 0.10 0.10 0.09 0.06 0.07

Convenience Retail Asia Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.09 0.06 0.06 0.07

CVRAF vs KR: Graham Number Comparison

For the Grocery Stores subindustry, Convenience Retail Asia'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.


Convenience Retail Asia Price-to-Graham-Number vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Convenience Retail Asia's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Convenience Retail Asia's Price-to-Graham-Number falls into.


CVRAF
53GF Score
Convenience Retail Asia Ltd CVRAF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Convenience Retail Asia Graham Number Calculation

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

Convenience Retail Asia'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*0.038*0.006)
=0.07

Convenience Retail Asia'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*0.038*0.005)
=0.07

* 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 $0.07 mean?
Convenience Retail Asia (CVRAF) has a Graham Number of $0.07 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Convenience Retail Asia and its competitors. This is 93% below median its historical median of 1.04. Over the past decade, Convenience Retail Asia's Graham Number has ranged from 0.61 to 6.25. According to the industry distribution chart, Convenience Retail Asia ranks #43 out of 239 companies in the Retail - Defensive industry, placing it in the top 18%.
Is Convenience Retail Asia's Graham Number too high?
Convenience Retail Asia's current Graham Number of $0.07 is 93% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 6.25. The Retail - Defensive industry median Graham Number is 1.30. Convenience Retail Asia's value of $0.07 is 94.6% below this industry median. Based on the distribution chart, Convenience Retail Asia ranks #43 out of 239 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Convenience Retail Asia has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Convenience Retail Asia's Graham Number compare to KR?
According to the Retail - Defensive industry distribution chart, Convenience Retail Asia ranks #43 out of 239 companies for Graham Number. This places Convenience Retail Asia in the top 18% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.30. Convenience Retail Asia's value of $0.07 is 94.6% below this benchmark. Historically, Convenience Retail Asia's own Graham Number has ranged from 0.61 to 6.25 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.30, Convenience Retail Asia 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 a Retail - Defensive company?
The median Graham Number among Retail - Defensive companies is 1.30, based on 239 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. Convenience Retail Asia's current Graham Number of $0.07 is 94.6% 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 Convenience Retail Asia and its competitors. For the Retail - Defensive industry, the median Graham Number is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Convenience Retail Asia's current Graham Number is $0.07, which is 93% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Convenience Retail Asia stock overvalued right now?
Convenience Retail Asia (CVRAF) has a current Graham Number of $0.07. The stock's GF Value™ is $1.00, compared to a current price of $0.66 — trading 34% below its estimated fair value. The current Graham Number is $0.07, which is 93% below median its 10-year median of 1.04 and 94.6% below the Retail - Defensive industry median of 1.30. Convenience Retail Asia's overall GF Score™ is 53/100 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 Convenience Retail Asia (CVRAF), the current Graham Number is $0.07 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 Convenience Retail Asia (CVRAF) Overvalued in 2026?

Based on GuruFocus' analysis, Convenience Retail Asia stock appears to be undervalued. The current stock price of $0.66 is trading 34% below its estimated GF Value™ of $1.00.

Key valuation signals for CVRAF:

  • Graham Number: $0.07 (93% below median its 10-year median of 1.04)
  • GF Value™: $1.00 vs. price of $0.66 (34% below fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 94.6% below the Retail - Defensive median (#43 of 239)

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


Convenience Retail Asia Business Description

Other Exchanges 00831:Hong Kong
Address 2 On Ping Street, 15th Floor, LiFung Centre, Siu Lek Yuen, Shatin, New Territories, Hong Kong, HKG
Convenience Retail Asia Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the operation of chains of bakeries and eyewear businesses. The group operates in two segments, namely, Bakery and Eyewear. The majority of its revenue comes from the Bakery segment, which comprises the sale of bakery and festival products under the brand names of Saint Honore and Mon cher. The Eyewear business segment includes the sale of eyewear products under the brand name of Zoff.
53GF Score

Get the complete analysis for CVRAF

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

$0.66
Price
$1.00
GF Value