GRYRF (Geo Energy Resources) Graham Number: $0.32 (As of Mar. 2026) — 33% Below Median

Author: Vera Yuan Vera Yuan
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.

GRYRF Geo Energy Resources Ltd GRYRF
50 GF Score
Price $0.36
GF Value $0.24
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Geo Energy Resources Graham Number?

Geo Energy Resources GRYRF 50 Graham Number is $0.32 as of Mar. 2026, which is 33% below its 10-year median of 0.48. GuruFocus rates GRYRF with a GF Score™ of 50/100 and a GF Value™ of $0.24 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 83 Other Energy Sources companies, Geo Energy Resources ranks worse than 55.42% 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 (2026-07-29), the stock price of Geo Energy Resources is $0.36465. Geo Energy Resources's graham number for the quarter that ended in Mar. 2026 was $0.32. Therefore, Geo Energy Resources's Price to Graham Number ratio for today is 1.14.

The historical rank and industry rank for Geo Energy Resources's Graham Number or its related term are showing as below:

GRYRF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.2   Med: 0.48   Max: 2.23
Current: 1.26

During the past 13 years, the highest Price to Graham Number ratio of Geo Energy Resources was 2.23. The lowest was 0.20. And the median was 0.48.

GRYRF's Price-to-Graham-Number is ranked worse than
55.42% of 83 companies
in the Other Energy Sources industry
Industry Median: 1.1 vs GRYRF: 1.26

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


Geo Energy Resources  (OTCPK:GRYRF) 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.

Geo Energy Resources's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.36465/0.32
=1.14

* 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.


Geo Energy Resources Graham Number Related Terms


Geo Energy Resources Graham Number Historical Data

* Premium members only.

The historical data trend for Geo Energy Resources'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.

Geo Energy Resources Graham Number Chart

Geo Energy Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.85 0.47 0.21 0.36

Geo Energy Resources 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 0.53 0.47 0.42 0.41 0.32

GRYRF vs CNR: Graham Number Comparison

For the Thermal Coal subindustry, Geo Energy Resources'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.


Geo Energy Resources Price-to-Graham-Number vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Geo Energy Resources's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Geo Energy Resources's Price-to-Graham-Number falls into.


GRYRF
50GF Score
Geo Energy Resources Ltd GRYRF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Geo Energy Resources Graham Number Calculation

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

Geo Energy Resources's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.309*0.019)
=0.36

Geo Energy Resources'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*0.323*0.014)
=0.32

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $0.32 mean?
Geo Energy Resources (GRYRF) has a Graham Number of $0.32 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Geo Energy Resources and its competitors. This is 33% below median its historical median of 0.48. Over the past decade, Geo Energy Resources' Graham Number has ranged from 0.20 to 2.23. According to the industry distribution chart, Geo Energy Resources ranks #46 out of 83 companies in the Other Energy Sources industry, placing it in the top 55.4%.
Is Geo Energy Resources' Graham Number too high?
Geo Energy Resources' current Graham Number of $0.32 is 33% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 2.23. The Other Energy Sources industry median Graham Number is 1.10. Geo Energy Resources' value of $0.32 is 70.9% below this industry median. Based on the distribution chart, Geo Energy Resources ranks #46 out of 83 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Geo Energy Resources has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Geo Energy Resources' Graham Number compare to CNR?
According to the Other Energy Sources industry distribution chart, Geo Energy Resources ranks #46 out of 83 companies for Graham Number. This places Geo Energy Resources in the lower half of its industry. The industry median Graham Number is 1.10. Geo Energy Resources' value of $0.32 is 70.9% below this benchmark. Historically, Geo Energy Resources' own Graham Number has ranged from 0.20 to 2.23 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 1.10, Geo Energy Resources 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 an Other Energy Sources company?
The median Graham Number among Other Energy Sources companies is 1.10, based on 83 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. Geo Energy Resources's current Graham Number of $0.32 is 70.9% 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 Geo Energy Resources and its competitors. For the Other Energy Sources industry, the median Graham Number is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Geo Energy Resources's current Graham Number is $0.32, which is 33% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Geo Energy Resources stock overvalued right now?
Based on GuruFocus' analysis, Geo Energy Resources (GRYRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.24, compared to a current price of $0.36 — trading 51.9% above its estimated fair value. The current Graham Number is $0.32, which is 33% below median its 10-year median of 0.48 and 70.9% below the Other Energy Sources industry median of 1.10. Geo Energy Resources' overall GF Score™ is 50/100 with 4 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 Geo Energy Resources (GRYRF), the current Graham Number is $0.32 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 Geo Energy Resources (GRYRF) Overvalued in 2026?

Based on GuruFocus' analysis, Geo Energy Resources stock appears to be overvalued. The current stock price of $0.36 is trading 51.9% above its estimated GF Value™ of $0.24. GuruFocus considers Geo Energy Resources to be Significantly Overvalued.

Key valuation signals for GRYRF:

  • Graham Number: $0.32 (33% below median its 10-year median of 0.48)
  • GF Value™: $0.24 vs. price of $0.36 (51.9% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 70.9% below the Other Energy Sources median (#46 of 83)

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


Geo Energy Resources Business Description

Other Exchanges RE4:Singapore7GE:Germany
Address 8 Temasek Boulevard, No. 36-02 Suntec Tower Three, Singapore, SGP, 038988
Geo Energy Resources Ltd is an investment holding company, which operates as a coal producer and mines contractor. The operating segments of the company are Coal Mining, Coal Trading, and Mining Services. The Coal Mining segment, which accounts for the majority of the revenue, sells coal produced from operating owned coal mines. The Coal Trading segment purchases and sells coal from third parties. The Mining Services segment engages in mining, contracting, and equipment rental services. Its geographical segments are Indonesia, China, India, the Philippines, Vietnam, and South Korea.
50GF Score

Get the complete analysis for GRYRF

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

$0.36
Price
$0.24
GF Value