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JL Mag Rare-Earth CoJMREY 72 Graham Number is $7.26 as of Mar. 2026, which is 99% above its 10-year median of 3.64. GuruFocus rates JMREY with a GF Score™ of 72/100 and a GF Value™ of $14.43 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,201 Industrial Products companies, JL Mag Rare-Earth Co ranks worse than 73.78% 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 (2026-07-23), the stock price of JL Mag Rare-Earth Co is $15.50. JL Mag Rare-Earth Co's graham number for the quarter that ended in Mar. 2026 was $7.26. Therefore, JL Mag Rare-Earth Co's Price to Graham Number ratio for today is 2.13.
The historical rank and industry rank for JL Mag Rare-Earth Co's Graham Number or its related term are showing as below:
JMREY'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.27 Med: 3.64 Max: 12.29
Current: 3.05
During the past 13 years, the highest Price to Graham Number ratio of JL Mag Rare-Earth Co was 12.29. The lowest was 2.27. And the median was 3.64.
JMREY's Price-to-Graham-Number is ranked worse than 73.78% of 2201
companies
in the Industrial Products industry
Industry Median: 1.66
vs JMREY: 3.05
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
JL Mag Rare-Earth Co (OTCPK:JMREY) 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.
JL Mag Rare-Earth Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
15.50
/
7.26
=
2.13
* 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.
JL Mag Rare-Earth Co Graham Number Related Terms
JL Mag Rare-Earth Co Graham Number Historical Data
* Premium members only.
The historical data trend for JL Mag Rare-Earth Co'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 Metal Fabrication subindustry, JL Mag Rare-Earth 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.
JL Mag Rare-Earth Co Price-to-Graham-Number vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, JL Mag Rare-Earth Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where JL Mag Rare-Earth 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.
JL Mag Rare-Earth Co (JMREY) has a Graham Number of $7.26 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on JL Mag Rare-Earth Co and its competitors. This is 99% above median its historical median of 3.64. Over the past decade, JL Mag Rare-Earth Co's Graham Number has ranged from 2.27 to 12.29. According to the industry distribution chart, JL Mag Rare-Earth Co ranks #1624 out of 2201 companies in the Industrial Products industry, placing it in the top 73.8%.
Is JL Mag Rare-Earth Co's Graham Number too high?
JL Mag Rare-Earth Co's current Graham Number of $7.26 is 99% above median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 2.27 to a high of 12.29. The Industrial Products industry median Graham Number is 1.66. JL Mag Rare-Earth Co's value of $7.26 is 337.3% above this industry median. Based on the distribution chart, JL Mag Rare-Earth Co ranks #1624 out of 2201 companies in the Industrial Products industry, which is below the industry midpoint. Overall, JL Mag Rare-Earth Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JL Mag Rare-Earth Co's Graham Number compare to CRS and ATI?
According to the Industrial Products industry distribution chart, JL Mag Rare-Earth Co ranks #1624 out of 2201 companies for Graham Number. This places JL Mag Rare-Earth Co in the lower half of its industry. The industry median Graham Number is 1.66. JL Mag Rare-Earth Co's value of $7.26 is 337.3% above this benchmark. Historically, JL Mag Rare-Earth Co's own Graham Number has ranged from 2.27 to 12.29 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 1.66, JL Mag Rare-Earth Co 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 an Industrial Products company?
The median Graham Number among Industrial Products companies is 1.66, based on 2,201 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. JL Mag Rare-Earth Co's current Graham Number of $7.26 is 337.3% 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 JL Mag Rare-Earth Co and its competitors. For the Industrial Products industry, the median Graham Number is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JL Mag Rare-Earth Co's current Graham Number is $7.26, which is 99% above median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JL Mag Rare-Earth Co stock overvalued right now?
Based on GuruFocus' analysis, JL Mag Rare-Earth Co (JMREY) is currently considered Fairly Valued. The stock's GF Value™ is $14.43, compared to a current price of $15.50 — trading 7.4% above its estimated fair value. The current Graham Number is $7.26, which is 99% above median its 10-year median of 3.64 and 337.3% above the Industrial Products industry median of 1.66. JL Mag Rare-Earth Co's overall GF Score™ is 72/100 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 JL Mag Rare-Earth Co (JMREY), the current Graham Number is $7.26 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 JL Mag Rare-Earth Co (JMREY) Overvalued in 2026?
Based on GuruFocus' analysis, JL Mag Rare-Earth Co stock appears to be overvalued.
The current stock price of $15.50 is trading 7.4% above its estimated GF Value™ of $14.43.
GuruFocus considers JL Mag Rare-Earth Co to be Fairly Valued.
Key valuation signals for JMREY:
Graham Number: $7.26 (99% above median its 10-year median of 3.64)
GF Value™: $14.43 vs. price of $15.50 (7.4% above fair value)
Industry Position: 337.3% above the Industrial Products median (#1624 of 2201)
No single metric tells the full story. See the JMREY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JL Mag Rare-Earth is a leading global producer of high-performance rare-earth permanent magnets. JL Mag focuses on the production and sale of NdFeB PMs, the most widely used type of REPMs, mainly made from an alloy of neodymium (Nd), iron (Fe), and boron (B). The firm is ranked first in the world by high-performance REPMs, according to Frost & Sullivan. JL Mag is also ranked first in the global grain boundary diffusion REPMs market. Its products have a wide array of applications, mainly in new energy vehicles, automotive parts, wind turbine generators, and energy-saving variable-frequency air-conditioners.
72GF Score
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