KLBAY (Klabin) Graham Number: $N/A (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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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Charlie Tian
Charlie Tian
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.

KLBAY Klabin SA KLBAY
75 GF Score
Price $7.33
GF Value $7.97
Valuation Fairly Valued
! 10 Warning Signs
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What is Klabin Graham Number?

Klabin KLBAY +2.52% 75 Graham Number is $N/A as of Jun. 2026. GuruFocus rates KLBAY with a GF Score™ of 75/100 and a GF Value™ of $7.97 (Fairly Valued). The stock has 10 warning signs investors should review. Among 166 Forest Products companies, Klabin ranks worse than 602409.04% 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 (2026-08-27), the stock price of Klabin is $7.33. Klabin's graham number for the quarter that ended in Jun. 2026 was $N/A. Therefore, Klabin's Price to Graham Number ratio for today is N/A.

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

During the past 13 years, the highest Price to Graham Number ratio of Klabin was 11.61. The lowest was 0.63. And the median was 1.51.

KLBAY's Price-to-Graham-Number is not ranked *
in the Forest Products industry.
Industry Median: 0.94
* 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.


Klabin  (OTCPK:KLBAY) 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.

Klabin's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=7.33/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.


Klabin Graham Number Related Terms


Klabin Graham Number Historical Data

* Premium members only.

The historical data trend for Klabin'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.

Klabin Graham Number Chart

Klabin 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 1.15 1.87 1.53 0.71 0.70

Klabin Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.14 0.98 0.70 0.27 0.00

KLBAY vs SLVM: Graham Number Comparison

For the Paper & Paper Products subindustry, Klabin'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.


Klabin Price-to-Graham-Number vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Klabin's Price-to-Graham-Number distribution charts can be found below:

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


KLBAY
75GF Score
Klabin SA KLBAY
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Klabin Graham Number Calculation

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

Klabin'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*0.441*0.05)
=0.70

Klabin's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.569*-0.022)
=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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $N/A mean?
Klabin (KLBAY) has a Graham Number of $N/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Klabin and its competitors. According to the industry distribution chart, Klabin ranks #999999 out of 166 companies in the Forest Products industry.
Is Klabin's Graham Number too high?
Klabin's current Graham Number is $N/A. Based on the distribution chart, Klabin ranks #999999 out of 166 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Klabin has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Klabin's Graham Number compare to SLVM?
According to the Forest Products industry distribution chart, Klabin ranks #999999 out of 166 companies for Graham Number. This places Klabin in the lower half of its industry. The industry median Graham Number is 0.94. 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 Forest Products company?
The median Graham Number among Forest Products companies is 0.94, based on 166 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 Klabin and its competitors. For the Forest Products industry, the median Graham Number is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Klabin'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 Klabin stock overvalued right now?
Based on GuruFocus' analysis, Klabin (KLBAY) is currently considered Fairly Valued. The stock's GF Value™ is $7.97, compared to a current price of $7.33 — trading 8% below its estimated fair value. The current Graham Number is $N/A. Klabin's overall GF Score™ is 75/100 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 Klabin (KLBAY), the current Graham Number is $N/A as of Jun. 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 Klabin (KLBAY) Overvalued in 2026?

Based on GuruFocus' analysis, Klabin stock appears to be undervalued. The current stock price of $7.33 is trading 8% below its estimated GF Value™ of $7.97. GuruFocus considers Klabin to be Fairly Valued.

Key valuation signals for KLBAY:

  • Graham Number: $N/A
  • GF Value™: $7.97 vs. price of $7.33 (8% below fair value)
  • GF Score™: 75/100 with 10 warning signs

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


Klabin Business Description

Address Avenida Brigadeiro Faria Lima 3600, 3rd, 4th and 5th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Klabin SA operates in various segments of the pulp and paper industry, supplying domestic and foreign markets with wood, bleached pulp, packaging paper, paper sacks, and corrugated cardboard boxes. The firm organizes itself into four segments based on product type: Forestry, Paper, Packaging, and Pulp. The Forestry segment involves operations related to planting and growing pine and eucalyptus trees and selling timber to third parties. The Paper segment mainly involves the production of cardboard, Kraftliner, and recycled paper rolls, and their sale. The Packaging segment, which derives maximum revenue, involves the production and sale of corrugated cardboard boxes, cardboard, and industrial bags. The Pulp segment includes the production and sale of short, long, and fluff fiber pulp.
75GF Score

Get the complete analysis for KLBAY

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

$7.33
Price
$7.97
GF Value