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Zijin Gold International CoFRA:6LU -2.80%31 Graham Number is €5.45 as of Dec. 2025, which is 100% below its 10-year median of 2.53. GuruFocus rates FRA:6LU with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 612 Metals & Mining companies, Zijin Gold International Co ranks worse than 77.61% 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.
The historical rank and industry rank for Zijin Gold International Co's Graham Number or its related term are showing as below:
FRA:6LU'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.67 Med: 2.53 Max: 2.53
Current: 2.32
During the past 4 years, the highest Price to Graham Number ratio of Zijin Gold International Co was 2.53. The lowest was 1.67. And the median was 2.53.
FRA:6LU's Price-to-Graham-Number is ranked worse than 77.61% of 612
companies
in the Metals & Mining industry
Industry Median: 1.26
vs FRA:6LU: 2.32
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Zijin Gold International Co (FRA:6LU) 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.
Zijin Gold International Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
12.636
/
5.45
=
2.32
* 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.
Zijin Gold International Co Graham Number Related Terms
Zijin Gold International Co Graham Number Historical Data
* 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 Gold subindustry, Zijin Gold International Co'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.
Zijin Gold International Co Price-to-Graham-Number vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Zijin Gold International Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Zijin Gold International Co'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.
Zijin Gold International Co (FRA:6LU) has a Graham Number of €5.45 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Zijin Gold International Co and its competitors. This is 115% above median its historical median of 2.53. Over the past decade, Zijin Gold International Co's Graham Number has ranged from 1.67 to 2.53. According to the industry distribution chart, Zijin Gold International Co ranks #475 out of 612 companies in the Metals & Mining industry, placing it in the top 77.6%.
Is Zijin Gold International Co's Graham Number too high?
Zijin Gold International Co's current Graham Number of €5.45 is 115% above median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 2.53. Based on the distribution chart, Zijin Gold International Co ranks #475 out of 612 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Zijin Gold International Co has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Zijin Gold International Co's Graham Number compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Zijin Gold International Co ranks #475 out of 612 companies for Graham Number. This places Zijin Gold International Co in the lower half of its industry. The industry median Graham Number is 1.26. Historically, Zijin Gold International Co's own Graham Number has ranged from 1.67 to 2.53 over the past decade. 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 612 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 Zijin Gold International Co 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. Zijin Gold International Co's current Graham Number is €5.45, which is 115% above median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zijin Gold International Co stock overvalued right now?
Zijin Gold International Co (FRA:6LU) has a current Graham Number of €5.45. The current Graham Number is €5.45, which is 115% above median its 10-year median of 2.53. Zijin Gold International Co's overall GF Score™ is 31/100 with 1 warning sign 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 Zijin Gold International Co (FRA:6LU), the current Graham Number is €5.45 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.
Zijin Gold International Co Ltd is an international gold mining and development company, principally engaged in the exploration, mining, processing, smelting, and sale of gold. Its principal products include gold bullion, gold dore, and gold concentrates, with key operations located outside Mainland China. The company holds interests in several gold mines across key mineralisation belts in South America, Oceania, Central Asia, and Africa, such as the Taldybulak Levoberezhny Gold Mine in Kyrgyzstan, Raygorodok Gold Mine in Kazakhstan, Jilau and Taror Gold Mines in Tajikistan, Porgera Gold Mine in Papua New Guinea, and Norton Gold Fields in Australia, among others. Geographically, it derives maximum revenue from Colombia, followed by Suriname, Australia, Tajikistan, and other countries.
31GF Score
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