Engro Powergen Qadirpur (KAR:EPQL) Graham Number: ₨38.15 (As of Mar. 2026) — 10800% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KAR:EPQL Engro Powergen Qadirpur Ltd KAR:EPQL
69 GF Score
Price ₨25.40
GF Value ₨26.08
Valuation Fairly Valued
! 10 Warning Signs
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What is Engro Powergen Qadirpur Graham Number?

Engro Powergen Qadirpur KAR:EPQL -0.63% 69 Graham Number is ₨38.15 as of Mar. 2026, which is 100% below its 10-year median of 0.35. GuruFocus rates KAR:EPQL with a GF Score™ of 69/100 and a GF Value™ of ₨26.08 (Fairly Valued). The stock has 10 warning signs investors should review. Among 275 Utilities - Independent Power Producers companies, Engro Powergen Qadirpur ranks better than 73.09% 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 (2026-07-15), the stock price of Engro Powergen Qadirpur is ₨25.40. Engro Powergen Qadirpur's graham number for the quarter that ended in Mar. 2026 was ₨38.15. Therefore, Engro Powergen Qadirpur's Price to Graham Number ratio for today is 0.67.

The historical rank and industry rank for Engro Powergen Qadirpur's Graham Number or its related term are showing as below:

KAR:EPQL' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.19   Med: 0.35   Max: 1.75
Current: 0.67

During the past 13 years, the highest Price to Graham Number ratio of Engro Powergen Qadirpur was 1.75. The lowest was 0.19. And the median was 0.35.

KAR:EPQL's Price-to-Graham-Number is ranked better than
73.09% of 275 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.14 vs KAR:EPQL: 0.67

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Engro Powergen Qadirpur  (KAR:EPQL) 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.

Engro Powergen Qadirpur's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=25.40/38.15
=0.67

* 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.


Engro Powergen Qadirpur Graham Number Related Terms


Engro Powergen Qadirpur Graham Number Historical Data

* Premium members only.

The historical data trend for Engro Powergen Qadirpur'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.

Engro Powergen Qadirpur Graham Number Chart

Engro Powergen Qadirpur Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.07 64.09 87.53 87.39 45.32

Engro Powergen Qadirpur Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.57 50.69 17.09 45.42 38.15

KAR:EPQL vs CEG, VST, NRG: Graham Number Comparison

For the Utilities - Independent Power Producers subindustry, Engro Powergen Qadirpur'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.


Engro Powergen Qadirpur Price-to-Graham-Number vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Engro Powergen Qadirpur's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Engro Powergen Qadirpur's Price-to-Graham-Number falls into.


KAR:EPQL
69GF Score
Engro Powergen Qadirpur Ltd KAR:EPQL
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Engro Powergen Qadirpur Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Engro Powergen Qadirpur's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*35.535*2.569)
=45.32

Engro Powergen Qadirpur's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*34.775*1.86)
=38.15

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of ₨38.15 mean?
Engro Powergen Qadirpur (KAR:EPQL) has a Graham Number of ₨38.15 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Engro Powergen Qadirpur and its competitors. This is 10800% above median its historical median of 0.35. Over the past decade, Engro Powergen Qadirpur's Graham Number has ranged from 0.19 to 1.75. According to the industry distribution chart, Engro Powergen Qadirpur ranks #74 out of 275 companies in the Utilities - Independent Power Producers industry, placing it in the top 26.9%.
Is Engro Powergen Qadirpur's Graham Number too high?
Engro Powergen Qadirpur's current Graham Number of ₨38.15 is 10800% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.75. Based on the distribution chart, Engro Powergen Qadirpur ranks #74 out of 275 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Engro Powergen Qadirpur has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Engro Powergen Qadirpur's Graham Number compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Engro Powergen Qadirpur ranks #74 out of 275 companies for Graham Number. This puts Engro Powergen Qadirpur in the upper half of its industry. The industry median Graham Number is 1.14. Historically, Engro Powergen Qadirpur's own Graham Number has ranged from 0.19 to 1.75 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 Utilities - Independent Power Producers company?
The median Graham Number among Utilities - Independent Power Producers companies is 1.14, based on 275 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 Engro Powergen Qadirpur and its competitors. For the Utilities - Independent Power Producers industry, the median Graham Number is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Engro Powergen Qadirpur's current Graham Number is ₨38.15, which is 10800% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Engro Powergen Qadirpur stock overvalued right now?
Based on GuruFocus' analysis, Engro Powergen Qadirpur (KAR:EPQL) is currently considered Fairly Valued. The stock's GF Value™ is ₨26.08, compared to a current price of ₨25.40 — trading 2.6% below its estimated fair value. The current Graham Number is ₨38.15, which is 10800% above median its 10-year median of 0.35. Engro Powergen Qadirpur's overall GF Score™ is 69/100 with 10 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 Engro Powergen Qadirpur (KAR:EPQL), the current Graham Number is ₨38.15 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 Engro Powergen Qadirpur (KAR:EPQL) Overvalued in 2026?

Based on GuruFocus' analysis, Engro Powergen Qadirpur stock appears to be undervalued. The current stock price of ₨25.40 is trading 2.6% below its estimated GF Value™ of ₨26.08. GuruFocus considers Engro Powergen Qadirpur to be Fairly Valued.

Key valuation signals for KAR:EPQL:

  • Graham Number: ₨38.15 (10800% above median its 10-year median of 0.35)
  • GF Value™: ₨26.08 vs. price of ₨25.40 (2.6% below fair value)
  • GF Score™: 69/100 with 10 warning signs

No single metric tells the full story. See the KAR:EPQL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Engro Powergen Qadirpur Business Description

Address HC-3, Marine Drive, 16th Floor, The Harbor Front Building, Block 4, Scheme-5, Clifton, Karachi, SD, PAK, 75600
Engro Powergen Qadirpur Ltd is engaged in the business of power generation and sale. The electricity generated is transmitted to the National Transmission and Despatch Company (NTDC). The company's portfolio includes: Fertilizers, Dairy, Telecom Communications, Energy and Mining, Petrochemical, Chemical storage and handling.
69GF Score

Get the complete analysis for KAR:EPQL

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨25.40
Price
₨26.08
GF Value