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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.
The historical rank and industry rank for PT Surya Fajar Capital Tbk's Graham Number or its related term are showing as below:
During the past 9 years, the highest Price to Graham Number ratio of PT Surya Fajar Capital Tbk was 35.45. The lowest was 11.91. And the median was 23.68.
ISX:SFAN's Price-to-Graham-Number is not ranked *
in the Asset Management industry.
Industry Median: 0.69 * 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.
PT Surya Fajar Capital Tbk (ISX:SFAN) 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.
PT Surya Fajar Capital Tbk's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
2030.00
/
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.
PT Surya Fajar Capital Tbk Graham Number Related Terms
PT Surya Fajar Capital Tbk 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.
ISX:SFAN vs BLK, BX, KKR: Graham Number Comparison
For the Asset Management subindustry, PT Surya Fajar Capital Tbk'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.
PT Surya Fajar Capital Tbk Price-to-Graham-Number vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PT Surya Fajar Capital Tbk's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where PT Surya Fajar Capital Tbk'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.
PT Surya Fajar Capital Tbk (ISX:SFAN) has a Graham Number of RpN/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Surya Fajar Capital Tbk and its competitors. According to the industry distribution chart, PT Surya Fajar Capital Tbk ranks #999999 out of 1156 companies in the Asset Management industry.
Is PT Surya Fajar Capital Tbk's Graham Number too high?
PT Surya Fajar Capital Tbk's current Graham Number is RpN/A. Based on the distribution chart, PT Surya Fajar Capital Tbk ranks #999999 out of 1156 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, PT Surya Fajar Capital Tbk has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Surya Fajar Capital Tbk's Graham Number compare to BLK and BX?
According to the Asset Management industry distribution chart, PT Surya Fajar Capital Tbk ranks #999999 out of 1156 companies for Graham Number. This places PT Surya Fajar Capital Tbk in the lower half of its industry. The industry median Graham Number is 0.69. 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 Asset Management company?
The median Graham Number among Asset Management companies is 0.69, based on 1,156 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 PT Surya Fajar Capital Tbk and its competitors. For the Asset Management industry, the median Graham Number is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Surya Fajar Capital Tbk's current Graham Number is RpN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Surya Fajar Capital Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Surya Fajar Capital Tbk (ISX:SFAN) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,264.16, compared to a current price of Rp2,030.00 — trading 60.6% above its estimated fair value. The current Graham Number is RpN/A. PT Surya Fajar Capital Tbk's overall GF Score™ is 57/100 with 6 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 PT Surya Fajar Capital Tbk (ISX:SFAN), the current Graham Number is RpN/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 PT Surya Fajar Capital Tbk (ISX:SFAN) Overvalued in 2026?
Based on GuruFocus' analysis, PT Surya Fajar Capital Tbk stock appears to be overvalued.
The current stock price of Rp2,030.00 is trading 60.6% above its estimated GF Value™ of Rp1,264.16.
GuruFocus considers PT Surya Fajar Capital Tbk to be Significantly Overvalued.
Key valuation signals for ISX:SFAN:
Graham Number: RpN/A
GF Value™: Rp1,264.16 vs. price of Rp2,030.00 (60.6% above fair value)
No single metric tells the full story. See the ISX:SFAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Surya Fajar Capital Tbk is an Indonesia-based company engaged in management and business consulting services, trade, finance & investment, directly or indirectly through its Subsidiaries. The Group has five reportable segments, including brokerage and underwriting, financial technology peer-to-peer lending, Consultancy services, crowdfunding/Information technology with securities crowdfunding, and Electronic payment services (including IT Consultancy Services). The majority of its revenue is generated from the Brokerage Commissions.
57GF Score
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