BellRing Brands (FRA:D51) Graham Number: €N/A (As of Jun. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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.

FRA:D51 BellRing Brands Inc FRA:D51
68 GF Score
Price €8.66
GF Value €60.14
Valuation Significantly Undervalued
! 1 Warning Sign
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What is BellRing Brands Graham Number?

BellRing Brands FRA:D51 -2.85% 68 Graham Number is €N/A as of Jun. 2026. GuruFocus rates FRA:D51 with a GF Score™ of 68/100 and a GF Value™ of €60.14 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,387 Consumer Packaged Goods companies, BellRing Brands ranks worse than 72097.98% 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 BellRing Brands is €8.662. BellRing Brands's graham number for the quarter that ended in Jun. 2026 was €N/A. Therefore, BellRing Brands's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for BellRing Brands's Graham Number or its related term are showing as below:

FRA:D51's Price-to-Graham-Number is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.13
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


BellRing Brands  (FRA:D51) 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.

BellRing Brands's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=8.662/N/A
=N/A

* 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.


BellRing Brands Graham Number Related Terms


BellRing Brands Graham Number Historical Data

* Premium members only.

The historical data trend for BellRing Brands'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.

BellRing Brands Graham Number Chart

BellRing Brands Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BellRing Brands Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 0.00

FRA:D51 vs JJSF, NOMD, FLO: Graham Number Comparison

For the Packaged Foods subindustry, BellRing Brands'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.


BellRing Brands Price-to-Graham-Number vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, BellRing Brands's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where BellRing Brands's Price-to-Graham-Number falls into.


FRA:D51
68GF Score
BellRing Brands Inc FRA:D51
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BellRing Brands Graham Number Calculation

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

BellRing Brands's Graham Number for the fiscal year that ended in Sep. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-4.548*1.849)
=N/A

BellRing Brands's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-4.817*1.132)
=N/A

* 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 €N/A mean?
BellRing Brands (FRA:D51) has a Graham Number of €N/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on BellRing Brands and its competitors. According to the industry distribution chart, BellRing Brands ranks #999999 out of 1387 companies in the Consumer Packaged Goods industry.
Is BellRing Brands' Graham Number too high?
BellRing Brands' current Graham Number is €N/A. Based on the distribution chart, BellRing Brands ranks #999999 out of 1387 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, BellRing Brands has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BellRing Brands' Graham Number compare to JJSF and NOMD?
According to the Consumer Packaged Goods industry distribution chart, BellRing Brands ranks #999999 out of 1387 companies for Graham Number. This places BellRing Brands in the lower half of its industry. The industry median Graham Number is 1.13. 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 Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.13, based on 1,387 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 BellRing Brands and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BellRing Brands's current Graham Number is €N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BellRing Brands stock overvalued right now?
Based on GuruFocus' analysis, BellRing Brands (FRA:D51) is currently considered Significantly Undervalued. The stock's GF Value™ is €60.14, compared to a current price of €8.66 — trading 85.6% below its estimated fair value. The current Graham Number is €N/A. BellRing Brands' overall GF Score™ is 68/100 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 BellRing Brands (FRA:D51), the current Graham Number is €N/A 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 BellRing Brands (FRA:D51) Overvalued in 2026?

Based on GuruFocus' analysis, BellRing Brands stock appears to be undervalued. The current stock price of €8.66 is trading 85.6% below its estimated GF Value™ of €60.14. GuruFocus considers BellRing Brands to be Significantly Undervalued.

Key valuation signals for FRA:D51:

  • Graham Number: €N/A
  • GF Value™: €60.14 vs. price of €8.66 (85.6% below fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the FRA:D51 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BellRing Brands Business Description

Address 2503 South Hanley Road, St. Louis, MO, USA, 63144
BellRing Brands Inc is a United States-based company engaged in providing nutrition-related products. Its brands, Premier Protein, Dymatize, and PowerBar provides various products including ready-to-drink protein shakes, powders and nutrition bars. The company's products are distributed through a diverse network of channel including club, food, drug and mass, eCommerce, convenience and specialty.
68GF Score

Get the complete analysis for FRA:D51

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

€8.66
Price
€60.14
GF Value