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Epsilon EnergyEPSN +0.71%68 Graham Number is $6.07 as of Jun. 2026, which is 484% above its 10-year median of 1.04. GuruFocus rates EPSN with a GF Score™ of 68/100 and a GF Value™ of $8.09 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 621 Oil & Gas companies, Epsilon Energy ranks better than 59.26% 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 (2026-08-19), the stock price of Epsilon Energy is $5.681. Epsilon Energy's graham number for the quarter that ended in Jun. 2026 was $6.07. Therefore, Epsilon Energy's Price to Graham Number ratio for today is 0.94.
The historical rank and industry rank for Epsilon Energy's Graham Number or its related term are showing as below:
EPSN'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.46 Med: 1.04 Max: 14.84
Current: 0.94
During the past 13 years, the highest Price to Graham Number ratio of Epsilon Energy was 14.84. The lowest was 0.46. And the median was 1.04.
EPSN's Price-to-Graham-Number is ranked better than 59.26% of 621
companies
in the Oil & Gas industry
Industry Median: 1.09
vs EPSN: 0.94
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Epsilon Energy (NAS:EPSN) 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.
Epsilon Energy's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
5.681
/
6.07
=
0.94
* 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.
Epsilon Energy Graham Number Related Terms
Epsilon Energy Graham Number Historical Data
* Premium members only.
The historical data trend for Epsilon Energy'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 Oil & Gas E&P subindustry, Epsilon Energy'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.
Epsilon Energy Price-to-Graham-Number vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Epsilon Energy's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Epsilon Energy'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.
Epsilon Energy (EPSN) has a Graham Number of $6.07 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Epsilon Energy and its competitors. This is 484% above median its historical median of 1.04. Over the past decade, Epsilon Energy's Graham Number has ranged from 0.46 to 14.84. According to the industry distribution chart, Epsilon Energy ranks #253 out of 621 companies in the Oil & Gas industry, placing it in the top 40.7%.
Is Epsilon Energy's Graham Number too high?
Epsilon Energy's current Graham Number of $6.07 is 484% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 14.84. The Oil & Gas industry median Graham Number is 1.09. Epsilon Energy's value of $6.07 is 456.9% above this industry median. Based on the distribution chart, Epsilon Energy ranks #253 out of 621 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Epsilon Energy has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Epsilon Energy's Graham Number compare to AMPY and PED?
According to the Oil & Gas industry distribution chart, Epsilon Energy ranks #253 out of 621 companies for Graham Number. This puts Epsilon Energy in the upper half of its industry. The industry median Graham Number is 1.09. Epsilon Energy's value of $6.07 is 456.9% above this benchmark. Historically, Epsilon Energy's own Graham Number has ranged from 0.46 to 14.84 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.09, Epsilon Energy 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 Oil & Gas company?
The median Graham Number among Oil & Gas companies is 1.09, based on 621 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. Epsilon Energy's current Graham Number of $6.07 is 456.9% 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 Epsilon Energy and its competitors. For the Oil & Gas industry, the median Graham Number is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Epsilon Energy's current Graham Number is $6.07, which is 484% above 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 Epsilon Energy stock overvalued right now?
Based on GuruFocus' analysis, Epsilon Energy (EPSN) is currently considered Possible Value Trap. The stock's GF Value™ is $8.09, compared to a current price of $5.68 — trading 29.8% below its estimated fair value. The current Graham Number is $6.07, which is 484% above median its 10-year median of 1.04 and 456.9% above the Oil & Gas industry median of 1.09. Epsilon Energy's overall GF Score™ is 68/100 with 3 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 Epsilon Energy (EPSN), the current Graham Number is $6.07 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 Epsilon Energy (EPSN) Overvalued in 2026?
Based on GuruFocus' analysis, Epsilon Energy stock appears to be undervalued.
The current stock price of $5.68 is trading 29.8% below its estimated GF Value™ of $8.09.
GuruFocus considers Epsilon Energy to be Possible Value Trap.
Key valuation signals for EPSN:
Graham Number: $6.07 (484% above median its 10-year median of 1.04)
GF Value™: $8.09 vs. price of $5.68 (29.8% below fair value)
Industry Position: 456.9% above the Oil & Gas median (#253 of 621)
No single metric tells the full story. See the EPSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Epsilon Energy Ltd is a North American on-shore focused independent natural gas and oil company engaged in the acquisition, development, gathering and production of natural gas and oil reserves. Its properties include Appalachian Basin-Pennsylvania, Permian Basin-Texas and New Mexico, Anadarko Basin-Oklahoma, Powder River Basin-Wyoming, Western Canadian Sedimentary Basin-Alberta, Canada. Its segments include The Upstream segment activities include acquisition, development and production of natural gas and oil reserves on properties within the United States and Canada; and The Gas Gathering segment partners with two other companies to operate a natural gas gathering system. The Upstream segment derives the majority of the revenue.
68GF Score
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