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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 (2026-09-04), the stock price of Kreditbanken AS is kr8150.00. Kreditbanken AS's graham number for the quarter that ended in Jun. 2026 was kr12,074.50. Therefore, Kreditbanken AS's Price to Graham Number ratio for today is 0.67.
The historical rank and industry rank for Kreditbanken AS's Graham Number or its related term are showing as below:
LTS:0F0T'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.4 Med: 0.56 Max: 0.82
Current: 0.82
During the past 13 years, the highest Price to Graham Number ratio of Kreditbanken AS was 0.82. The lowest was 0.40. And the median was 0.56.
LTS:0F0T's Price-to-Graham-Number is ranked worse than 53.41% of 1421
companies
in the Banks industry
Industry Median: 0.81
vs LTS:0F0T: 0.82
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Kreditbanken AS (LTS:0F0T) 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.
Kreditbanken AS's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
8150.00
/
12,074.50
=
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.
Kreditbanken AS Graham Number Related Terms
Kreditbanken AS Graham Number Historical Data
* Premium members only.
The historical data trend for Kreditbanken AS'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.
Kreditbanken AS Graham Number Competitor Comparison
For the Banks - Regional subindustry, Kreditbanken AS'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.
Kreditbanken AS Price-to-Graham-Number vs Banks Industry
For the Banks industry and Financial Services sector, Kreditbanken AS's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Kreditbanken AS'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.
Kreditbanken AS (LTS:0F0T) has a Graham Number of kr12,074.50 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Kreditbanken AS and its competitors. According to the industry distribution chart, Kreditbanken AS ranks #759 out of 1421 companies in the Banks industry, placing it in the top 53.4%.
Is Kreditbanken AS's Graham Number too high?
Kreditbanken AS's current Graham Number is kr12,074.50. Based on the distribution chart, Kreditbanken AS ranks #759 out of 1421 companies in the Banks industry, which is below the industry midpoint. Overall, Kreditbanken AS has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Kreditbanken AS's Graham Number compare to competitors?
According to the Banks industry distribution chart, Kreditbanken AS ranks #759 out of 1421 companies for Graham Number. This places Kreditbanken AS in the lower half of its industry. The industry median Graham Number is 0.81. 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 Banks company?
The median Graham Number among Banks companies is 0.81, based on 1,421 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 Kreditbanken AS and its competitors. For the Banks industry, the median Graham Number is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kreditbanken AS's current Graham Number is kr12,074.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kreditbanken AS stock overvalued right now?
Kreditbanken AS (LTS:0F0T) has a current Graham Number of kr12,074.50. The stock's GF Value™ is kr5,312.71, compared to a current price of kr8,150.00 — trading 53.4% above its estimated fair value. The current Graham Number is kr12,074.50. Kreditbanken AS's overall GF Score™ is 59/100 with 5 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 Kreditbanken AS (LTS:0F0T), the current Graham Number is kr12,074.50 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 Kreditbanken AS (LTS:0F0T) Overvalued in 2026?
Based on GuruFocus' analysis, Kreditbanken AS stock appears to be overvalued.
The current stock price of kr8,150.00 is trading 53.4% above its estimated GF Value™ of kr5,312.71.
Key valuation signals for LTS:0F0T:
Graham Number: kr12,074.50
GF Value™: kr5,312.71 vs. price of kr8,150.00 (53.4% above fair value)
No single metric tells the full story. See the LTS:0F0T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kreditbanken AS is Denmark based bank engaged in providing financial services and products to corporate and private customers. Its services includes deposits, savings account, credit cards, car loans, mortgages, insurance products, internet banking and investment advice.
59GF Score
Get the complete analysis for LTS:0F0T
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