JBS NV (MEX:JBSN) Graham Number: MXN58.76 (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.

MEX:JBSN JBS NV MEX:JBSN
80 GF Score
Price MXN227.50
GF Value MXN301.83
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is JBS NV Graham Number?

JBS NV MEX:JBSN +0.22% 80 Graham Number is MXN58.76 as of Jun. 2026. GuruFocus rates MEX:JBSN with a GF Score™ of 80/100 and a GF Value™ of MXN301.83 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,385 Consumer Packaged Goods companies, JBS NV ranks worse than 92.64% 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 (2026-08-28), the stock price of JBS NV is MXN227.50. JBS NV's graham number for the quarter that ended in Jun. 2026 was MXN58.76. Therefore, JBS NV's Price to Graham Number ratio for today is 3.87.

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

MEX:JBSN' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.13   Med: 4.17   Max: 29.43
Current: 4.14

During the past 13 years, the highest Price to Graham Number ratio of JBS NV was 29.43. The lowest was 2.13. And the median was 4.17.

MEX:JBSN's Price-to-Graham-Number is ranked worse than
92.64% of 1385 companies
in the Consumer Packaged Goods industry
Industry Median: 1.13 vs MEX:JBSN: 4.14

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


JBS NV  (MEX:JBSN) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=227.50/58.76
=3.87

* 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.


JBS NV Graham Number Related Terms


JBS NV Graham Number Historical Data

* Premium members only.

The historical data trend for JBS NV'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.

JBS NV Graham Number Chart

JBS NV 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 0.00 75.47 0.00 0.00 122.06

JBS NV 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 108.67 125.31 124.67 75.37 58.76

MEX:JBSN vs MKC, SJM, HRL: Graham Number Comparison

For the Packaged Foods subindustry, JBS NV'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.


JBS NV Price-to-Graham-Number vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, JBS NV's Price-to-Graham-Number distribution charts can be found below:

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


MEX:JBSN
80GF Score
JBS NV MEX:JBSN
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JBS NV Graham Number Calculation

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

JBS NV'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*17.279*38.321)
=122.06

JBS NV'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*7.423*20.67)
=58.76

* 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 MXN58.76 mean?
JBS NV (MEX:JBSN) has a Graham Number of MXN58.76 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on JBS NV and its competitors. According to the industry distribution chart, JBS NV ranks #1283 out of 1385 companies in the Consumer Packaged Goods industry, placing it in the top 92.6%.
Is JBS NV's Graham Number too high?
JBS NV's current Graham Number is MXN58.76. Based on the distribution chart, JBS NV ranks #1283 out of 1385 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, JBS NV has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JBS NV's Graham Number compare to MKC and SJM?
According to the Consumer Packaged Goods industry distribution chart, JBS NV ranks #1283 out of 1385 companies for Graham Number. This places JBS NV in the lower half of its industry. The industry median Graham Number is 1.13. 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 Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.13, based on 1,385 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 JBS NV and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JBS NV's current Graham Number is MXN58.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JBS NV stock overvalued right now?
Based on GuruFocus' analysis, JBS NV (MEX:JBSN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN301.83, compared to a current price of MXN227.50 — trading 24.6% below its estimated fair value. The current Graham Number is MXN58.76. JBS NV's overall GF Score™ is 80/100 with 9 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 JBS NV (MEX:JBSN), the current Graham Number is MXN58.76 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 JBS NV (MEX:JBSN) Overvalued in 2026?

Based on GuruFocus' analysis, JBS NV stock appears to be undervalued. The current stock price of MXN227.50 is trading 24.6% below its estimated GF Value™ of MXN301.83. GuruFocus considers JBS NV to be Modestly Undervalued.

Key valuation signals for MEX:JBSN:

  • Graham Number: MXN58.76
  • GF Value™: MXN301.83 vs. price of MXN227.50 (24.6% below fair value)
  • GF Score™: 80/100 with 9 warning signs

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


JBS NV Business Description

Address Stroombaan 16, 5th Floor, Amstelveen, NH, NLD, 05118-100
JBS NV is a protein food company, selling protein products, which include fresh and frozen cuts of beef, pork, lamb, fish, whole chickens, and chicken parts, to retailers, and foodservice companies. The food products are marketed under different brands such as Swift, Just Bare, Pilgrim's Pride, Sunnyvalley, Reserva Friboi, Great Southern, etc., globally. The company's reportable segments are Beef North America, which generates maximum revenue, Brazil, Seara, Pork USA, Pilgrim's Pride, Australia, and Others. Geographically, it derives majority of its revenue from United States of America.
80GF Score

Get the complete analysis for MEX:JBSN

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

MXN227.50
Price
MXN301.83
GF Value