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 Jastrzebska Spolka Weglowa's Graham Number or its related term are showing as below:
During the past 13 years, the highest Price to Graham Number ratio of Jastrzebska Spolka Weglowa was 10.37. The lowest was 0.08. And the median was 0.36.
JSZWF's Price-to-Graham-Number is not ranked *
in the Other Energy Sources industry.
Industry Median: 1.06 * 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.
Jastrzebska Spolka Weglowa (OTCPK:JSZWF) 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.
Jastrzebska Spolka Weglowa's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
7.10
/
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.
Jastrzebska Spolka Weglowa Graham Number Related Terms
Jastrzebska Spolka Weglowa 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.
Jastrzebska Spolka Weglowa Graham Number Competitor Comparison
For the Thermal Coal subindustry, Jastrzebska Spolka Weglowa'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.
Jastrzebska Spolka Weglowa Price-to-Graham-Number vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Jastrzebska Spolka Weglowa's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Jastrzebska Spolka Weglowa'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.
Jastrzebska Spolka Weglowa (JSZWF) has a Graham Number of $N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Jastrzebska Spolka Weglowa and its competitors. Over the past decade, Jastrzebska Spolka Weglowa's Graham Number has ranged from 0.08 to 10.37. According to the industry distribution chart, Jastrzebska Spolka Weglowa ranks #999999 out of 82 companies in the Other Energy Sources industry.
Is Jastrzebska Spolka Weglowa's Graham Number too high?
Jastrzebska Spolka Weglowa's current Graham Number is $N/A. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 10.37. Based on the distribution chart, Jastrzebska Spolka Weglowa ranks #999999 out of 82 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Jastrzebska Spolka Weglowa has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Jastrzebska Spolka Weglowa's Graham Number compare to competitors?
According to the Other Energy Sources industry distribution chart, Jastrzebska Spolka Weglowa ranks #999999 out of 82 companies for Graham Number. This places Jastrzebska Spolka Weglowa in the lower half of its industry. The industry median Graham Number is 1.06. Historically, Jastrzebska Spolka Weglowa's own Graham Number has ranged from 0.08 to 10.37 over the past decade. 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 1.06, based on 82 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 Jastrzebska Spolka Weglowa and its competitors. For the Other Energy Sources industry, the median Graham Number is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jastrzebska Spolka Weglowa's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jastrzebska Spolka Weglowa stock overvalued right now?
Jastrzebska Spolka Weglowa (JSZWF) has a current Graham Number of $N/A. The stock's GF Value™ is $5.91, compared to a current price of $7.10 — trading 20.1% above its estimated fair value. The current Graham Number is $N/A. Jastrzebska Spolka Weglowa's overall GF Score™ is 66/100 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 Jastrzebska Spolka Weglowa (JSZWF), the current Graham Number is $N/A 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 Jastrzebska Spolka Weglowa (JSZWF) Overvalued in 2026?
Based on GuruFocus' analysis, Jastrzebska Spolka Weglowa stock appears to be overvalued.
The current stock price of $7.10 is trading 20.1% above its estimated GF Value™ of $5.91.
Key valuation signals for JSZWF:
Graham Number: $N/A
GF Value™: $5.91 vs. price of $7.10 (20.1% above fair value)
No single metric tells the full story. See the JSZWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jastrzebska Spolka Weglowa SA is a coal producer based in Poland and one of the European Union's producers. The company predominantly produces hard coking coal which is an essential component in the production of steel, and in its coking plants, the company processes approximately half of the coking coal it produces. Additionally, the company is engaged in natural gas mining and generation, transmission and distribution of electricity. The company's products are sold domestically as well as to Germany, Austria, the Czech Republic, Slovakia, Romania and Hungary.
66GF Score
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