DSU (Blackrock Debt Strategies Fund) Graham Number: $12.24 (As of Dec. 2025) — 1411% Above Median

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DSU Blackrock Debt Strategies Fund Inc DSU
44 GF Score
Price $9.41
GF Value $6.50
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Blackrock Debt Strategies Fund Graham Number?

Blackrock Debt Strategies Fund DSU +0.53% 44 Graham Number is $12.24 as of Dec. 2025, which is 1411% above its 10-year median of 0.81. GuruFocus rates DSU with a GF Score™ of 44/100 and a GF Value™ of $6.50 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,168 Asset Management companies, Blackrock Debt Strategies Fund ranks worse than 56.93% 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 (2026-07-29), the stock price of Blackrock Debt Strategies Fund is $9.41. Blackrock Debt Strategies Fund's graham number for the quarter that ended in Dec. 2025 was $12.24. Therefore, Blackrock Debt Strategies Fund's Price to Graham Number ratio for today is 0.77.

The historical rank and industry rank for Blackrock Debt Strategies Fund's Graham Number or its related term are showing as below:

DSU' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.56   Med: 0.81   Max: 1.8
Current: 0.77

During the past 8 years, the highest Price to Graham Number ratio of Blackrock Debt Strategies Fund was 1.80. The lowest was 0.56. And the median was 0.81.

DSU's Price-to-Graham-Number is ranked worse than
56.93% of 1168 companies
in the Asset Management industry
Industry Median: 0.7 vs DSU: 0.77

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


Blackrock Debt Strategies Fund  (NYSE:DSU) 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.

Blackrock Debt Strategies Fund's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=9.41/12.24
=0.77

* 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.


Blackrock Debt Strategies Fund Graham Number Related Terms


Blackrock Debt Strategies Fund Graham Number Historical Data

* Premium members only.

The historical data trend for Blackrock Debt Strategies Fund'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.

Blackrock Debt Strategies Fund Graham Number Chart

Blackrock Debt Strategies Fund Annual Data
Trend Feb18 Feb19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial 13.87 0.00 19.17 14.83 12.54

Blackrock Debt Strategies Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 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 19.09 16.73 14.58 13.30 12.24

DSU vs FAX, NOAH, HQL: Graham Number Comparison

For the Asset Management subindustry, Blackrock Debt Strategies Fund'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.


Blackrock Debt Strategies Fund Price-to-Graham-Number vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Debt Strategies Fund's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Blackrock Debt Strategies Fund's Price-to-Graham-Number falls into.


DSU
44GF Score
Blackrock Debt Strategies Fund Inc DSU
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackrock Debt Strategies Fund Graham Number Calculation

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

Blackrock Debt Strategies Fund'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*10.135*0.69)
=12.54

Blackrock Debt Strategies Fund'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*10.135*0.657)
=12.24

* 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 $12.24 mean?
Blackrock Debt Strategies Fund (DSU) has a Graham Number of $12.24 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Blackrock Debt Strategies Fund and its competitors. This is 1411% above median its historical median of 0.81. Over the past decade, Blackrock Debt Strategies Fund's Graham Number has ranged from 0.56 to 1.80. According to the industry distribution chart, Blackrock Debt Strategies Fund ranks #665 out of 1168 companies in the Asset Management industry, placing it in the top 56.9%.
Is Blackrock Debt Strategies Fund's Graham Number too high?
Blackrock Debt Strategies Fund's current Graham Number of $12.24 is 1411% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.80. The Asset Management industry median Graham Number is 0.70. Blackrock Debt Strategies Fund's value of $12.24 is 1648.6% above this industry median. Based on the distribution chart, Blackrock Debt Strategies Fund ranks #665 out of 1168 companies in the Asset Management industry, which is below the industry midpoint. Overall, Blackrock Debt Strategies Fund has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blackrock Debt Strategies Fund's Graham Number compare to FAX and NOAH?
According to the Asset Management industry distribution chart, Blackrock Debt Strategies Fund ranks #665 out of 1168 companies for Graham Number. This places Blackrock Debt Strategies Fund in the lower half of its industry. The industry median Graham Number is 0.70. Blackrock Debt Strategies Fund's value of $12.24 is 1648.6% above this benchmark. Historically, Blackrock Debt Strategies Fund's own Graham Number has ranged from 0.56 to 1.80 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 0.70, Blackrock Debt Strategies Fund 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 Asset Management company?
The median Graham Number among Asset Management companies is 0.70, based on 1,168 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. Blackrock Debt Strategies Fund's current Graham Number of $12.24 is 1648.6% 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 Blackrock Debt Strategies Fund and its competitors. For the Asset Management industry, the median Graham Number is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Debt Strategies Fund's current Graham Number is $12.24, which is 1411% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Debt Strategies Fund stock overvalued right now?
Based on GuruFocus' analysis, Blackrock Debt Strategies Fund (DSU) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.50, compared to a current price of $9.41 — trading 44.8% above its estimated fair value. The current Graham Number is $12.24, which is 1411% above median its 10-year median of 0.81 and 1648.6% above the Asset Management industry median of 0.70. Blackrock Debt Strategies Fund's overall GF Score™ is 44/100 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 Blackrock Debt Strategies Fund (DSU), the current Graham Number is $12.24 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 Blackrock Debt Strategies Fund (DSU) Overvalued in 2026?

Based on GuruFocus' analysis, Blackrock Debt Strategies Fund stock appears to be overvalued. The current stock price of $9.41 is trading 44.8% above its estimated GF Value™ of $6.50. GuruFocus considers Blackrock Debt Strategies Fund to be Significantly Overvalued.

Key valuation signals for DSU:

  • Graham Number: $12.24 (1411% above median its 10-year median of 0.81)
  • GF Value™: $6.50 vs. price of $9.41 (44.8% above fair value)
  • GF Score™: 44/100 with 6 warning signs
  • Industry Position: 1648.6% above the Asset Management median (#665 of 1168)

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


Blackrock Debt Strategies Fund Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Debt Strategies Fund Inc is a closed-end management investment company. Its primary investment objective is to seek to provide current income by investing in a diversified portfolio of U.S. companies debt instruments, including senior and subordinated corporate loans, both secured and unsecured, which are rated in the lower rating categories of the established rating services or unrated debt instruments, which are in the judgment of the investment adviser of equivalent quality. The Fund may invest directly in debt instruments or synthetically through the use of derivatives. The Fund's secondary investment objective is to seek to provide capital appreciation.
44GF Score

Get the complete analysis for DSU

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

$9.41
Price
$6.50
GF Value