FABFF (Fab-Form Industries) Graham Number: $0.51 (As of Mar. 2026) — 63% Below Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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.

FABFF Fab-Form Industries Ltd FABFF
48 GF Score
Price $0.84
GF Value $1.11
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Fab-Form Industries Graham Number?

Fab-Form Industries FABFF 48 Graham Number is $0.51 as of Mar. 2026, which is 63% below its 10-year median of 1.39. GuruFocus rates FABFF with a GF Score™ of 48/100 and a GF Value™ of $1.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 286 Building Materials companies, Fab-Form Industries ranks worse than 68.88% 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 (2026-08-15), the stock price of Fab-Form Industries is $0.835. Fab-Form Industries's graham number for the quarter that ended in Mar. 2026 was $0.51. Therefore, Fab-Form Industries's Price to Graham Number ratio for today is 1.65.

The historical rank and industry rank for Fab-Form Industries's Graham Number or its related term are showing as below:

FABFF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.77   Med: 1.39   Max: 3.21
Current: 1.44

During the past 13 years, the highest Price to Graham Number ratio of Fab-Form Industries was 3.21. The lowest was 0.77. And the median was 1.39.

FABFF's Price-to-Graham-Number is ranked worse than
68.88% of 286 companies
in the Building Materials industry
Industry Median: 0.99 vs FABFF: 1.44

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


Fab-Form Industries  (OTCPK:FABFF) 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.

Fab-Form Industries's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.835/0.51
=1.65

* 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.


Fab-Form Industries Graham Number Related Terms


Fab-Form Industries Graham Number Historical Data

* Premium members only.

The historical data trend for Fab-Form Industries'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.

Fab-Form Industries Graham Number Chart

Fab-Form Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23 Jun24 Jun25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.86 0.00 0.73 0.67

Fab-Form Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only 0.70 0.66 0.64 0.59 0.51

FABFF vs CRH, VMC, MLM: Graham Number Comparison

For the Building Materials subindustry, Fab-Form Industries'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.


Fab-Form Industries Price-to-Graham-Number vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fab-Form Industries's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Fab-Form Industries's Price-to-Graham-Number falls into.


FABFF
48GF Score
Fab-Form Industries Ltd FABFF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fab-Form Industries Graham Number Calculation

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

Fab-Form Industries's Graham Number for the fiscal year that ended in Jun. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.448*0.044)
=0.67

Fab-Form Industries's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.458*0.025)
=0.51

* 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 $0.51 mean?
Fab-Form Industries (FABFF) has a Graham Number of $0.51 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Fab-Form Industries and its competitors. This is 63% below median its historical median of 1.39. Over the past decade, Fab-Form Industries' Graham Number has ranged from 0.77 to 3.21. According to the industry distribution chart, Fab-Form Industries ranks #197 out of 286 companies in the Building Materials industry, placing it in the top 68.9%.
Is Fab-Form Industries' Graham Number too high?
Fab-Form Industries' current Graham Number of $0.51 is 63% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 3.21. The Building Materials industry median Graham Number is 0.99. Fab-Form Industries' value of $0.51 is 48.5% below this industry median. Based on the distribution chart, Fab-Form Industries ranks #197 out of 286 companies in the Building Materials industry, which is below the industry midpoint. Overall, Fab-Form Industries has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fab-Form Industries' Graham Number compare to CRH and VMC?
According to the Building Materials industry distribution chart, Fab-Form Industries ranks #197 out of 286 companies for Graham Number. This places Fab-Form Industries in the lower half of its industry. The industry median Graham Number is 0.99. Fab-Form Industries' value of $0.51 is 48.5% below this benchmark. Historically, Fab-Form Industries' own Graham Number has ranged from 0.77 to 3.21 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 0.99, Fab-Form Industries has consistently been below 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 a Building Materials company?
The median Graham Number among Building Materials companies is 0.99, based on 286 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. Fab-Form Industries's current Graham Number of $0.51 is 48.5% 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 Fab-Form Industries and its competitors. For the Building Materials industry, the median Graham Number is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fab-Form Industries's current Graham Number is $0.51, which is 63% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fab-Form Industries stock overvalued right now?
Based on GuruFocus' analysis, Fab-Form Industries (FABFF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.11, compared to a current price of $0.84 — trading 24.8% below its estimated fair value. The current Graham Number is $0.51, which is 63% below median its 10-year median of 1.39 and 48.5% below the Building Materials industry median of 0.99. Fab-Form Industries' overall GF Score™ is 48/100 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 Fab-Form Industries (FABFF), the current Graham Number is $0.51 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 Fab-Form Industries (FABFF) Overvalued in 2026?

Based on GuruFocus' analysis, Fab-Form Industries stock appears to be undervalued. The current stock price of $0.84 is trading 24.8% below its estimated GF Value™ of $1.11. GuruFocus considers Fab-Form Industries to be Modestly Undervalued.

Key valuation signals for FABFF:

  • Graham Number: $0.51 (63% below median its 10-year median of 1.39)
  • GF Value™: $1.11 vs. price of $0.84 (24.8% below fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 48.5% below the Building Materials median (#197 of 286)

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


Fab-Form Industries Business Description

Other Exchanges FBF:Canada
Address 1610 Derwent Way, Unit 19, Delta, BC, CAN, V3M 6W1
Fab-Form Industries Ltd is a Canadian-based company that develops, manufactures, and distributes proprietary technology to form concrete footings, columns, foundations, and walls for building structures. The company also distributes Helix micro rebar into the BC market and Nudura insulating concrete form into the Lower Mainland of BC market.
48GF Score

Get the complete analysis for FABFF

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

$0.84
Price
$1.11
GF Value