Braime Group (LSE:BMT) Graham Number: £27.02 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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LSE:BMT Braime Group PLC LSE:BMT
81 GF Score
Price £12.50
GF Value £12.91
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Braime Group Graham Number?

Braime Group LSE:BMT 81 Graham Number is £27.02 as of Dec. 2025. GuruFocus rates LSE:BMT with a GF Score™ of 81/100 and a GF Value™ of £12.91 (Fairly Valued). The stock has 7 warning signs investors should review. Among 120 Industrial Distribution companies, Braime Group ranks better than 54.17% 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 (2026-09-05), the stock price of Braime Group is £12.50. Braime Group's graham number for the quarter that ended in Dec. 2025 was £27.02. Therefore, Braime Group's Price to Graham Number ratio for today is 0.46.

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

LSE:BMT' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.52   Med: 0.83   Max: 1.64
Current: 0.87

During the past 13 years, the highest Price to Graham Number ratio of Braime Group was 1.64. The lowest was 0.52. And the median was 0.83.

LSE:BMT's Price-to-Graham-Number is ranked better than
54.17% of 120 companies
in the Industrial Distribution industry
Industry Median: 0.955 vs LSE:BMT: 0.87

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


Braime Group  (LSE:BMT) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=12.50/27.02
=0.46

* 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.


Braime Group Graham Number Related Terms


Braime Group Graham Number Historical Data

* Premium members only.

The historical data trend for Braime Group'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.

Braime Group Graham Number Chart

Braime Group 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 16.17 24.82 22.51 23.74 27.02

Braime Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 22.50 21.06 23.74 25.50 27.02

LSE:BMT vs GWW, FAST, FERG: Graham Number Comparison

For the Industrial Distribution subindustry, Braime Group'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.


Braime Group Price-to-Graham-Number vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Braime Group's Price-to-Graham-Number distribution charts can be found below:

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


LSE:BMT
81GF Score
Braime Group PLC LSE:BMT
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Braime Group Graham Number Calculation

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

Braime Group'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*17.22*1.885)
=27.02

Braime Group's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*17.22*1.885)
=27.02

* 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 £27.02 mean?
Braime Group (LSE:BMT) has a Graham Number of £27.02 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Braime Group and its competitors. According to the industry distribution chart, Braime Group ranks #55 out of 120 companies in the Industrial Distribution industry, placing it in the top 45.8%.
Is Braime Group's Graham Number too high?
Braime Group's current Graham Number is £27.02. Based on the distribution chart, Braime Group ranks #55 out of 120 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Braime Group has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Braime Group's Graham Number compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Braime Group ranks #55 out of 120 companies for Graham Number. This puts Braime Group in the upper half of its industry. The industry median Graham Number is 0.96. 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 Industrial Distribution company?
The median Graham Number among Industrial Distribution companies is 0.96, based on 120 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 Braime Group and its competitors. For the Industrial Distribution industry, the median Graham Number is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Braime Group's current Graham Number is £27.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Braime Group stock overvalued right now?
Based on GuruFocus' analysis, Braime Group (LSE:BMT) is currently considered Fairly Valued. The stock's GF Value™ is £12.91, compared to a current price of £12.50 — trading 3.2% below its estimated fair value. The current Graham Number is £27.02. Braime Group's overall GF Score™ is 81/100 with 7 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 Braime Group (LSE:BMT), the current Graham Number is £27.02 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.

Is Braime Group (LSE:BMT) Overvalued in 2026?

Based on GuruFocus' analysis, Braime Group stock appears to be undervalued. The current stock price of £12.50 is trading 3.2% below its estimated GF Value™ of £12.91. GuruFocus considers Braime Group to be Fairly Valued.

Key valuation signals for LSE:BMT:

  • Graham Number: £27.02
  • GF Value™: £12.91 vs. price of £12.50 (3.2% below fair value)
  • GF Score™: 81/100 with 7 warning signs

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


Braime Group Business Description

Other Exchanges BMTO:UK
Address Hunslet Road, Leeds, GBR, LS10 1JZ
Braime Group PLC is engaged in the manufacture of metal presswork and the distribution of bulk material handling components. It operates in two segments: the manufacture of metal presswork, and the 4B Division, supplier of bulk material handling components. The company's geographical segments are the United Kingdom, the Rest of Europe, the Americas, Africa, and Australia & Asia.
81GF Score

Get the complete analysis for LSE:BMT

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

£12.50
Price
£12.91
GF Value