Kalamazoo ResourcesKAMRF 37 Graham Number is $0.12 as of Dec. 2025, which is 92% below its 10-year median of 1.51. GuruFocus rates KAMRF with a GF Score™ of 37/100. The stock has 4 warning signs investors should review. Among 609 Metals & Mining companies, Kalamazoo Resources ranks better than 72.58% 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 (2026-07-04), the stock price of Kalamazoo Resources is $0.02. Kalamazoo Resources's graham number for the quarter that ended in Dec. 2025 was $0.12. Therefore, Kalamazoo Resources's Price to Graham Number ratio for today is 0.17.
The historical rank and industry rank for Kalamazoo Resources's Graham Number or its related term are showing as below:
KAMRF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.67 Med: 1.51 Max: 6.33
Current: 0.67
During the past 9 years, the highest Price to Graham Number ratio of Kalamazoo Resources was 6.33. The lowest was 0.67. And the median was 1.51.
KAMRF's Price-to-Graham-Number is ranked better than 72.58% of 609
companies
in the Metals & Mining industry
Industry Median: 1.28
vs KAMRF: 0.67
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Kalamazoo Resources (OTCPK:KAMRF) 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.
Kalamazoo Resources's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
0.02
/
0.12
=
0.17
* 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.
Kalamazoo Resources Graham Number Related Terms
Kalamazoo Resources Graham Number Historical Data
* Premium members only.
The historical data trend for Kalamazoo Resources'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 Gold subindustry, Kalamazoo Resources'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.
Kalamazoo Resources Price-to-Graham-Number vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kalamazoo Resources's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Kalamazoo Resources'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.
Kalamazoo Resources (KAMRF) has a Graham Number of $0.12 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Kalamazoo Resources and its competitors. This is 92% below median its historical median of 1.51. Over the past decade, Kalamazoo Resources' Graham Number has ranged from 0.67 to 6.33. According to the industry distribution chart, Kalamazoo Resources ranks #167 out of 609 companies in the Metals & Mining industry, placing it in the top 27.4%.
Is Kalamazoo Resources' Graham Number too high?
Kalamazoo Resources' current Graham Number of $0.12 is 92% below median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 6.33. The Metals & Mining industry median Graham Number is 1.28. Kalamazoo Resources' value of $0.12 is 90.6% below this industry median. Based on the distribution chart, Kalamazoo Resources ranks #167 out of 609 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Kalamazoo Resources has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Kalamazoo Resources' Graham Number compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Kalamazoo Resources ranks #167 out of 609 companies for Graham Number. This puts Kalamazoo Resources in the upper half of its industry. The industry median Graham Number is 1.28. Kalamazoo Resources' value of $0.12 is 90.6% below this benchmark. Historically, Kalamazoo Resources' own Graham Number has ranged from 0.67 to 6.33 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.28, Kalamazoo Resources has consistently been below 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 Metals & Mining company?
The median Graham Number among Metals & Mining companies is 1.28, based on 609 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. Kalamazoo Resources's current Graham Number of $0.12 is 90.6% below 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 Kalamazoo Resources and its competitors. For the Metals & Mining industry, the median Graham Number is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalamazoo Resources's current Graham Number is $0.12, which is 92% below median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalamazoo Resources stock overvalued right now?
Kalamazoo Resources (KAMRF) has a current Graham Number of $0.12. The current Graham Number is $0.12, which is 92% below median its 10-year median of 1.51 and 90.6% below the Metals & Mining industry median of 1.28. Kalamazoo Resources' overall GF Score™ is 37/100 with 4 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 Kalamazoo Resources (KAMRF), the current Graham Number is $0.12 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.
Kalamazoo Resources Ltd is a gold and copper explorer and developer whose primary focus is on exploring and developing gold projects in Western Australia. Its projects are the Castlemaine Gold Project, South Muckleford Gold Project, Pilbara Gold and Base Metal Project, Snake Well Project, Ashburton Gold, Tarnagulla Gold, Myrtle Creek Gold, Mt Piper Gold, and the Mallina West Gold projects. Geographically the company only operates in Australia.
37GF Score
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