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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 (2026-09-09), the stock price of Dukhan Bank QPSC is ر.ق3.212. Dukhan Bank QPSC's graham number for the quarter that ended in Jun. 2026 was ر.ق4.06. Therefore, Dukhan Bank QPSC's Price to Graham Number ratio for today is 0.79.
The historical rank and industry rank for Dukhan Bank QPSC's Graham Number or its related term are showing as below:
DSMD:DUBK'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.78 Med: 0.97 Max: 1.29
Current: 0.79
During the past 7 years, the highest Price to Graham Number ratio of Dukhan Bank QPSC was 1.29. The lowest was 0.78. And the median was 0.97.
DSMD:DUBK's Price-to-Graham-Number is ranked better than 54.15% of 1420
companies
in the Banks industry
Industry Median: 0.81
vs DSMD:DUBK: 0.79
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Dukhan Bank QPSC (DSMD:DUBK) 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.
Dukhan Bank QPSC's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
3.212
/
4.06
=
0.79
* 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.
Dukhan Bank QPSC Graham Number Related Terms
Dukhan Bank QPSC Graham Number Historical Data
* Premium members only.
The historical data trend for Dukhan Bank QPSC'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 Banks - Regional subindustry, Dukhan Bank QPSC'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.
Dukhan Bank QPSC Price-to-Graham-Number vs Banks Industry
For the Banks industry and Financial Services sector, Dukhan Bank QPSC's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Dukhan Bank QPSC'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.
Dukhan Bank QPSC (DSMD:DUBK) has a Graham Number of ر.ق4.06 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Dukhan Bank QPSC and its competitors. According to the industry distribution chart, Dukhan Bank QPSC ranks #651 out of 1420 companies in the Banks industry, placing it in the top 45.8%.
Is Dukhan Bank QPSC's Graham Number too high?
Dukhan Bank QPSC's current Graham Number is ر.ق4.06. Based on the distribution chart, Dukhan Bank QPSC ranks #651 out of 1420 companies in the Banks industry, which is above the industry midpoint. Overall, Dukhan Bank QPSC has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dukhan Bank QPSC's Graham Number compare to USB and PNC?
According to the Banks industry distribution chart, Dukhan Bank QPSC ranks #651 out of 1420 companies for Graham Number. This puts Dukhan Bank QPSC in the upper half of its industry. The industry median Graham Number is 0.81. 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 Banks company?
The median Graham Number among Banks companies is 0.81, based on 1,420 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 Dukhan Bank QPSC and its competitors. For the Banks industry, the median Graham Number is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dukhan Bank QPSC's current Graham Number is ر.ق4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dukhan Bank QPSC stock overvalued right now?
Based on GuruFocus' analysis, Dukhan Bank QPSC (DSMD:DUBK) is currently considered Modestly Undervalued. The stock's GF Value™ is ر.ق3.99, compared to a current price of ر.ق3.21 — trading 19.5% below its estimated fair value. The current Graham Number is ر.ق4.06. Dukhan Bank QPSC's overall GF Score™ is 68/100 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 Dukhan Bank QPSC (DSMD:DUBK), the current Graham Number is ر.ق4.06 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 Dukhan Bank QPSC (DSMD:DUBK) Overvalued in 2026?
Based on GuruFocus' analysis, Dukhan Bank QPSC stock appears to be undervalued.
The current stock price of ر.ق3.21 is trading 19.5% below its estimated GF Value™ of ر.ق3.99.
GuruFocus considers Dukhan Bank QPSC to be Modestly Undervalued.
Key valuation signals for DSMD:DUBK:
Graham Number: ر.ق4.06
GF Value™: ر.ق3.99 vs. price of ر.ق3.21 (19.5% below fair value)
No single metric tells the full story. See the DSMD:DUBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dukhan Bank QPSC is a Sharia-compliant bank engaged in financing, investing, and advisory activities. The Company operates through Wholesale Banking, Retail and Private Banking, Treasury and Investments Division, and Subsidiaries, with Wholesale Banking generating the majority of revenue from financing, deposits, and related transactions. Retail and Private Banking includes financing, deposits, and part asset management activities, while the Treasury and Investments Division manages funding, risk management, investments in liquid assets, and trading and corporate finance activities. The Company operates mainly in Qatar, and also in other GCC countries, Europe, North America, and others, with maximum revenue generated from Qatar.
68GF Score
Get the complete analysis for DSMD:DUBK
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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