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Dongfang ElectricDNGFF 85 Graham Number is $3.11 as of Mar. 2026, which is 238% above its 10-year median of 0.92. GuruFocus rates DNGFF with a GF Score™ of 85/100 and a GF Value™ of $2.49 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,203 Industrial Products companies, Dongfang Electric ranks better than 68.45% 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 (2026-07-26), the stock price of Dongfang Electric is $2.88. Dongfang Electric's graham number for the quarter that ended in Mar. 2026 was $3.11. Therefore, Dongfang Electric's Price to Graham Number ratio for today is 0.93.
The historical rank and industry rank for Dongfang Electric's Graham Number or its related term are showing as below:
DNGFF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.68 Med: 0.92 Max: 1.63
Current: 1.18
During the past 13 years, the highest Price to Graham Number ratio of Dongfang Electric was 1.63. The lowest was 0.68. And the median was 0.92.
DNGFF's Price-to-Graham-Number is ranked better than 68.45% of 2203
companies
in the Industrial Products industry
Industry Median: 1.67
vs DNGFF: 1.18
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Dongfang Electric (OTCPK:DNGFF) 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.
Dongfang Electric's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
2.88
/
3.11
=
0.93
* 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.
Dongfang Electric Graham Number Related Terms
Dongfang Electric Graham Number Historical Data
* Premium members only.
The historical data trend for Dongfang Electric'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 Specialty Industrial Machinery subindustry, Dongfang Electric'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.
Dongfang Electric Price-to-Graham-Number vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Dongfang Electric's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Dongfang Electric'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.
Dongfang Electric (DNGFF) has a Graham Number of $3.11 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Dongfang Electric and its competitors. This is 238% above median its historical median of 0.92. Over the past decade, Dongfang Electric's Graham Number has ranged from 0.68 to 1.63. According to the industry distribution chart, Dongfang Electric ranks #695 out of 2203 companies in the Industrial Products industry, placing it in the top 31.5%.
Is Dongfang Electric's Graham Number too high?
Dongfang Electric's current Graham Number of $3.11 is 238% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.63. The Industrial Products industry median Graham Number is 1.67. Dongfang Electric's value of $3.11 is 86.2% above this industry median. Based on the distribution chart, Dongfang Electric ranks #695 out of 2203 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Dongfang Electric has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dongfang Electric's Graham Number compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Dongfang Electric ranks #695 out of 2203 companies for Graham Number. This puts Dongfang Electric in the upper half of its industry. The industry median Graham Number is 1.67. Dongfang Electric's value of $3.11 is 86.2% above this benchmark. Historically, Dongfang Electric's own Graham Number has ranged from 0.68 to 1.63 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 1.67, Dongfang Electric 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 1.67, based on 2,203 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. Dongfang Electric's current Graham Number of $3.11 is 86.2% 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 Dongfang Electric and its competitors. For the Industrial Products industry, the median Graham Number is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dongfang Electric's current Graham Number is $3.11, which is 238% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dongfang Electric stock overvalued right now?
Based on GuruFocus' analysis, Dongfang Electric (DNGFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.49, compared to a current price of $2.88 — trading 15.7% above its estimated fair value. The current Graham Number is $3.11, which is 238% above median its 10-year median of 0.92 and 86.2% above the Industrial Products industry median of 1.67. Dongfang Electric's overall GF Score™ is 85/100 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 Dongfang Electric (DNGFF), the current Graham Number is $3.11 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 Dongfang Electric (DNGFF) Overvalued in 2026?
Based on GuruFocus' analysis, Dongfang Electric stock appears to be overvalued.
The current stock price of $2.88 is trading 15.7% above its estimated GF Value™ of $2.49.
GuruFocus considers Dongfang Electric to be Modestly Overvalued.
Key valuation signals for DNGFF:
Graham Number: $3.11 (238% above median its 10-year median of 0.92)
GF Value™: $2.49 vs. price of $2.88 (15.7% above fair value)
Industry Position: 86.2% above the Industrial Products median (#695 of 2203)
No single metric tells the full story. See the DNGFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dongfang Electric Corp Ltd operates in the energy equipment manufacturing industry and provides high-end equipment and related services for energy production and utilization. The Company has a one core, two wings industrial layout with energy equipment manufacturing as the core and manufacturing services and emerging industries as growth engines. It engages in the development, design, manufacturing and sales of energy equipment including thermal, hydropower, nuclear, gas and wind power, provides services such as power station services, integrated energy and supply chain, and develops emerging industries including energy storage, hydrogen energy, environmental protection, industrial drive, power electronics and solar energy.
85GF Score
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