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Kongsberg Maritime ASAKMRRF 20 Graham Number is $2.16 as of Jun. 2026. GuruFocus rates KMRRF with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 217 Aerospace & Defense companies, Kongsberg Maritime ASA ranks worse than 53% 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.
Kongsberg Maritime ASA (OTCPK:KMRRF) 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.
Kongsberg Maritime ASA's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
5.65
/
2.16
=
2.62
* 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.
Kongsberg Maritime ASA Graham Number Related Terms
Kongsberg Maritime ASA 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.
For the Aerospace & Defense subindustry, Kongsberg Maritime ASA'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.
Kongsberg Maritime ASA Price-to-Graham-Number vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Kongsberg Maritime ASA's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Kongsberg Maritime ASA'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.
Kongsberg Maritime ASA (KMRRF) has a Graham Number of $2.16 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Kongsberg Maritime ASA and its competitors. According to the industry distribution chart, Kongsberg Maritime ASA ranks #115 out of 217 companies in the Aerospace & Defense industry, placing it in the top 53%.
Is Kongsberg Maritime ASA's Graham Number too high?
Kongsberg Maritime ASA's current Graham Number is $2.16. The Aerospace & Defense industry median Graham Number is 3.23. Kongsberg Maritime ASA's value of $2.16 is 33.1% below this industry median. Based on the distribution chart, Kongsberg Maritime ASA ranks #115 out of 217 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Kongsberg Maritime ASA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Kongsberg Maritime ASA's Graham Number compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Kongsberg Maritime ASA ranks #115 out of 217 companies for Graham Number. This places Kongsberg Maritime ASA in the lower half of its industry. The industry median Graham Number is 3.23. Kongsberg Maritime ASA's value of $2.16 is 33.1% below this benchmark. 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 Aerospace & Defense company?
The median Graham Number among Aerospace & Defense companies is 3.23, based on 217 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. Kongsberg Maritime ASA's current Graham Number of $2.16 is 33.1% 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 Kongsberg Maritime ASA and its competitors. For the Aerospace & Defense industry, the median Graham Number is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kongsberg Maritime ASA's current Graham Number is $2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kongsberg Maritime ASA stock overvalued right now?
Kongsberg Maritime ASA (KMRRF) has a current Graham Number of $2.16. The current Graham Number is $2.16 and 33.1% below the Aerospace & Defense industry median of 3.23. Kongsberg Maritime ASA's overall GF Score™ is 20/100 with 1 warning sign 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 Kongsberg Maritime ASA (KMRRF), the current Graham Number is $2.16 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.
Kongsberg Maritime ASA provides maritime technology solutions focused on safety, operational efficiency, and sustainability. Its offerings include automation, digitalisation, and integrated systems designed to support the needs of maritime customers across various applications. The company serves many segments including Cargo, Fisheries & Aquaculture, Naval & Coast Guard, Offshore Oil & Gas, Offshore Wind, Passenger vessels, and Research Workboats.
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