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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.
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 (2026-09-15), the stock price of DynaResource is $0.75. DynaResource's graham number for the quarter that ended in Jun. 2026 was $0.20. Therefore, DynaResource's Price to Graham Number ratio for today is 3.73.
The historical rank and industry rank for DynaResource's Graham Number or its related term are showing as below:
DYNR'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.81 Med: 2.87 Max: 12.08
Current: 3.75
During the past 13 years, the highest Price to Graham Number ratio of DynaResource was 12.08. The lowest was 0.81. And the median was 2.87.
DYNR's Price-to-Graham-Number is ranked worse than 88.87% of 638
companies
in the Metals & Mining industry
Industry Median: 1.26
vs DYNR: 3.75
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
DynaResource (OTCPK:DYNR) 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.
DynaResource's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
0.75
/
0.20
=
3.73
* 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.
DynaResource Graham Number Related Terms
DynaResource Graham Number Historical Data
* Premium members only.
The historical data trend for DynaResource'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.
DYNR vs SRGZ, GRML, RITE: Graham Number Comparison
For the Other Precious Metals & Mining subindustry, DynaResource'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.
DynaResource Price-to-Graham-Number vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, DynaResource's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where DynaResource'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.
DynaResource (DYNR) has a Graham Number of $0.20 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on DynaResource and its competitors. According to the industry distribution chart, DynaResource ranks #567 out of 638 companies in the Metals & Mining industry, placing it in the top 88.9%.
Is DynaResource's Graham Number too high?
DynaResource's current Graham Number is $0.20. The Metals & Mining industry median Graham Number is 1.26. DynaResource's value of $0.20 is 84.1% below this industry median. Based on the distribution chart, DynaResource ranks #567 out of 638 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, DynaResource has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DynaResource's Graham Number compare to SRGZ and GRML?
According to the Metals & Mining industry distribution chart, DynaResource ranks #567 out of 638 companies for Graham Number. This places DynaResource in the lower half of its industry. The industry median Graham Number is 1.26. DynaResource's value of $0.20 is 84.1% below this benchmark. 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 Metals & Mining company?
The median Graham Number among Metals & Mining companies is 1.26, based on 638 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. DynaResource's current Graham Number of $0.20 is 84.1% 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 DynaResource and its competitors. For the Metals & Mining industry, the median Graham Number is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DynaResource's current Graham Number is $0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DynaResource stock overvalued right now?
Based on GuruFocus' analysis, DynaResource (DYNR) is currently considered Possible Value Trap. The stock's GF Value™ is $1.22, compared to a current price of $0.75 — trading 38.5% below its estimated fair value. The current Graham Number is $0.20 and 84.1% below the Metals & Mining industry median of 1.26. DynaResource's overall GF Score™ is 51/100 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 DynaResource (DYNR), the current Graham Number is $0.20 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 DynaResource (DYNR) Overvalued in 2026?
Based on GuruFocus' analysis, DynaResource stock appears to be undervalued.
The current stock price of $0.75 is trading 38.5% below its estimated GF Value™ of $1.22.
GuruFocus considers DynaResource to be Possible Value Trap.
Key valuation signals for DYNR:
Graham Number: $0.20
GF Value™: $1.22 vs. price of $0.75 (38.5% below fair value)
Industry Position: 84.1% below the Metals & Mining median (#567 of 638)
No single metric tells the full story. See the DYNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DynaResource Inc is a minerals investment, management, and exploration company. It is conducting test mining and pilot milling operations through an operating subsidiary in Mexico, with a specific focus on precious and base metals. The firm explores gold, silver, and other valuable minerals. It operates in one reportable segment, focused on the exploration, development, production and sale of gold and silver in Mexico. The company's flagship property is the San Jose de Gracia project, which consists of several mining concessions. Geographically, the company operates in Mexico and United States, of which it generates maximum revenue from Mexico.
51GF Score
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