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Viva Biotech HoldingsFRA:VB0 +16.92%48 Graham Number is €0.13 as of Dec. 2025, which is 100% below its 10-year median of 1.88. GuruFocus rates FRA:VB0 with a GF Score™ of 48/100 and a GF Value™ of €0.09 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 252 Biotechnology companies, Viva Biotech Holdings ranks better than 75.4% 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 Viva Biotech Holdings's Graham Number or its related term are showing as below:
FRA:VB0'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.74 Med: 1.88 Max: 4.7
Current: 1.17
During the past 10 years, the highest Price to Graham Number ratio of Viva Biotech Holdings was 4.70. The lowest was 0.74. And the median was 1.88.
FRA:VB0's Price-to-Graham-Number is ranked better than 75.4% of 252
companies
in the Biotechnology industry
Industry Median: 1.865
vs FRA:VB0: 1.17
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Viva Biotech Holdings (FRA:VB0) 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.
Viva Biotech Holdings's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
0.152
/
0.13
=
1.21
* 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.
Viva Biotech Holdings Graham Number Related Terms
Viva Biotech Holdings Graham Number Historical Data
* Premium members only.
The historical data trend for Viva Biotech Holdings'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.
FRA:VB0 vs VRTX, REGN, ALNY: Graham Number Comparison
For the Biotechnology subindustry, Viva Biotech Holdings'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.
Viva Biotech Holdings Price-to-Graham-Number vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Viva Biotech Holdings's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Viva Biotech Holdings'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.
Viva Biotech Holdings (FRA:VB0) has a Graham Number of €0.13 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Viva Biotech Holdings and its competitors. This is 93% below median its historical median of 1.88. Over the past decade, Viva Biotech Holdings' Graham Number has ranged from 0.74 to 4.70. According to the industry distribution chart, Viva Biotech Holdings ranks #62 out of 252 companies in the Biotechnology industry, placing it in the top 24.6%.
Is Viva Biotech Holdings' Graham Number too high?
Viva Biotech Holdings' current Graham Number of €0.13 is 93% below median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 4.70. Based on the distribution chart, Viva Biotech Holdings ranks #62 out of 252 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Viva Biotech Holdings has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viva Biotech Holdings' Graham Number compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Viva Biotech Holdings ranks #62 out of 252 companies for Graham Number. This places Viva Biotech Holdings in the top 25% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.87. Historically, Viva Biotech Holdings' own Graham Number has ranged from 0.74 to 4.70 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 Biotechnology company?
The median Graham Number among Biotechnology companies is 1.87, based on 252 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 Viva Biotech Holdings and its competitors. For the Biotechnology industry, the median Graham Number is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viva Biotech Holdings's current Graham Number is €0.13, which is 93% below median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viva Biotech Holdings stock overvalued right now?
Based on GuruFocus' analysis, Viva Biotech Holdings (FRA:VB0) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.09, compared to a current price of €0.15 — trading 68.9% above its estimated fair value. The current Graham Number is €0.13, which is 93% below median its 10-year median of 1.88. Viva Biotech Holdings' overall GF Score™ is 48/100 with 5 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 Viva Biotech Holdings (FRA:VB0), the current Graham Number is €0.13 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.
Is Viva Biotech Holdings (FRA:VB0) Overvalued in 2026?
Based on GuruFocus' analysis, Viva Biotech Holdings stock appears to be overvalued.
The current stock price of €0.15 is trading 68.9% above its estimated GF Value™ of €0.09.
GuruFocus considers Viva Biotech Holdings to be Significantly Overvalued.
Key valuation signals for FRA:VB0:
Graham Number: €0.13 (93% below median its 10-year median of 1.88)
GF Value™: €0.09 vs. price of €0.15 (68.9% above fair value)
No single metric tells the full story. See the FRA:VB0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viva Biotech Holdings is engaged in providing the structure-based drug discovery services to biotechnology and pharmaceutical customers for their pre-clinical stage drug development. The company operates in three reportable segments, Drug Discovery Services providing structure-based drug discovery services to biotechnology and pharmaceutical customers for their pre-clinical stage drug development; Contract Development Manufacture Organisation providing contract development and manufacturing services for small molecule APIs and intermediates and trading of APIs, intermediates and formulations; and commercialisation services; and Viva BioInnovator making strategic investments in biotechnology startup companies.
48GF Score
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