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J-Long GroupJL -1.62%24 Graham Number is $8.33 as of Sep. 2025, which is 1073% above its 10-year median of 0.71. GuruFocus rates JL with a GF Score™ of 24/100. Among 710 Manufacturing - Apparel & Accessories companies, J-Long Group ranks better than 66.2% 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 (2026-07-22), the stock price of J-Long Group is $6.0899. J-Long Group's graham number for the quarter that ended in Sep. 2025 was $8.33. Therefore, J-Long Group's Price to Graham Number ratio for today is 0.73.
The historical rank and industry rank for J-Long Group's Graham Number or its related term are showing as below:
JL'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.46 Med: 0.71 Max: 2.94
Current: 0.73
During the past 5 years, the highest Price to Graham Number ratio of J-Long Group was 2.94. The lowest was 0.46. And the median was 0.71.
JL's Price-to-Graham-Number is ranked better than 66.2% of 710
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.01
vs JL: 0.73
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
J-Long Group (NAS:JL) 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.
J-Long Group's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Sep. 2025 )
=
6.0899
/
8.33
=
0.73
* 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.
J-Long Group Graham Number Related Terms
J-Long Group Graham Number Historical Data
* Premium members only.
The historical data trend for J-Long Group'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.
For the Apparel Manufacturing subindustry, J-Long Group'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.
J-Long Group Price-to-Graham-Number vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, J-Long Group's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where J-Long Group'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.
J-Long Group (JL) has a Graham Number of $8.33 as of Sep. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on J-Long Group and its competitors. This is 1073% above median its historical median of 0.71. Over the past decade, J-Long Group's Graham Number has ranged from 0.46 to 2.94. According to the industry distribution chart, J-Long Group ranks #240 out of 710 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 33.8%.
Is J-Long Group's Graham Number too high?
J-Long Group's current Graham Number of $8.33 is 1073% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.94. The Manufacturing - Apparel & Accessories industry median Graham Number is 1.01. J-Long Group's value of $8.33 is 724.8% above this industry median. Based on the distribution chart, J-Long Group ranks #240 out of 710 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, J-Long Group has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does J-Long Group's Graham Number compare to NCI and XELB?
According to the Manufacturing - Apparel & Accessories industry distribution chart, J-Long Group ranks #240 out of 710 companies for Graham Number. This puts J-Long Group in the upper half of its industry. The industry median Graham Number is 1.01. J-Long Group's value of $8.33 is 724.8% above this benchmark. Historically, J-Long Group's own Graham Number has ranged from 0.46 to 2.94 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.01, J-Long Group has consistently been above 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 a Manufacturing - Apparel & Accessories company?
The median Graham Number among Manufacturing - Apparel & Accessories companies is 1.01, based on 710 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. J-Long Group's current Graham Number of $8.33 is 724.8% above 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 J-Long Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Graham Number is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J-Long Group's current Graham Number is $8.33, which is 1073% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J-Long Group stock overvalued right now?
J-Long Group (JL) has a current Graham Number of $8.33. The current Graham Number is $8.33, which is 1073% above median its 10-year median of 0.71 and 724.8% above the Manufacturing - Apparel & Accessories industry median of 1.01. J-Long Group's overall GF Score™ is 24/100. 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 J-Long Group (JL), the current Graham Number is $8.33 as of Sep. 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.
J-Long Group Ltd is an established distributor in Hong Kong of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers and drawcords. It also offers a wide range of apparel solution services to cater to its customers' needs for reflective and non-reflective garment trims, ranging from market trend analysis, product design and development and production to quality control. The company operates in Asia (excluding other than Hong Kong and China), Hong Kong, China, and Others (Non-Asian).
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