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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.
HKSE:08090's Price-to-Graham-Number is ranked worse than 52.63% of 285
companies
in the Building Materials industry
Industry Median: 1.02
vs HKSE:08090: 1.05
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Shandong Baogai New Materials Technology Co (HKSE:08090) 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.
Shandong Baogai New Materials Technology Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
5.54
/
5.26
=
1.05
* 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.
Shandong Baogai New Materials Technology Co Graham Number Related Terms
Shandong Baogai New Materials Technology 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.
Shandong Baogai New Materials Technology Co Graham Number Chart
Shandong Baogai New Materials Technology Co Annual Data
Trend
Dec23
Dec24
Dec25
Graham Number
4.67
4.62
5.26
Shandong Baogai New Materials Technology Co Semi-Annual Data
Dec23
Dec24
Dec25
Graham Number
0.00
4.62
5.26
HKSE:08090 vs CRH, MLM, VMC: Graham Number Comparison
For the Building Materials subindustry, Shandong Baogai New Materials Technology 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.
Shandong Baogai New Materials Technology Co Price-to-Graham-Number vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Shandong Baogai New Materials Technology Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Shandong Baogai New Materials Technology 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.
Shandong Baogai New Materials Technology Co (HKSE:08090) has a Graham Number of HK$5.26 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Shandong Baogai New Materials Technology Co and its competitors. According to the industry distribution chart, Shandong Baogai New Materials Technology Co ranks #150 out of 285 companies in the Building Materials industry, placing it in the top 52.6%.
Is Shandong Baogai New Materials Technology Co's Graham Number too high?
Shandong Baogai New Materials Technology Co's current Graham Number is HK$5.26. Based on the distribution chart, Shandong Baogai New Materials Technology Co ranks #150 out of 285 companies in the Building Materials industry, which is below the industry midpoint. Overall, Shandong Baogai New Materials Technology Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Baogai New Materials Technology Co's Graham Number compare to CRH and MLM?
According to the Building Materials industry distribution chart, Shandong Baogai New Materials Technology Co ranks #150 out of 285 companies for Graham Number. This places Shandong Baogai New Materials Technology Co in the lower half of its industry. The industry median Graham Number is 1.02. 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 1.02, based on 285 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 Shandong Baogai New Materials Technology Co and its competitors. For the Building Materials industry, the median Graham Number is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Baogai New Materials Technology Co's current Graham Number is HK$5.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Baogai New Materials Technology Co stock overvalued right now?
Shandong Baogai New Materials Technology Co (HKSE:08090) has a current Graham Number of HK$5.26. The current Graham Number is HK$5.26. Shandong Baogai New Materials Technology Co's overall GF Score™ is 23/100 with 2 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 Shandong Baogai New Materials Technology Co (HKSE:08090), the current Graham Number is HK$5.26 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.
Shandong Baogai New Materials Technology Co Ltd is a specialized manufacturer in China's composite trench cover industry, specializing in composite trench cover products for engineering and infrastructure needs. The principal activities of the company are engaged in the R&D, manufacturing, and sales of high-performance glass fiber-reinforced polymer trench covers, including cable trench covers, drainage covers,and manhole covers. The majority of the company's revenue is derived from the sale of cable trench covers and the rest from drainage trench covers, manhole trench covers, and others. Geographically, the maximum revenue is generated from the Chinese Mainland.
23GF Score
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