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What is Major Drilling Group International Graham Number?
Major Drilling Group InternationalMJDLF -1.20%85 Graham Number is $4.18 as of Apr. 2026, which is 188% above its 10-year median of 1.45. GuruFocus rates MJDLF with a GF Score™ of 85/100 and a GF Value™ of $8.47 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 610 Metals & Mining companies, Major Drilling Group International ranks worse than 79.34% 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.
MJDLF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.01 Med: 1.45 Max: 2.7
Current: 2.42
During the past 13 years, the highest Price to Graham Number ratio of Major Drilling Group International was 2.70. The lowest was 1.01. And the median was 1.45.
MJDLF's Price-to-Graham-Number is ranked worse than 79.34% of 610
companies
in the Metals & Mining industry
Industry Median: 1.26
vs MJDLF: 2.42
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Major Drilling Group International (OTCPK:MJDLF) 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.
Major Drilling Group International's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Apr. 2026 )
=
9.91
/
4.18
=
2.37
* 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.
Major Drilling Group International Graham Number Related Terms
Major Drilling Group International 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.
Major Drilling Group International Graham Number Chart
Major Drilling Group International Graham Number Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Major Drilling Group International'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.
Major Drilling Group International Price-to-Graham-Number vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Major Drilling Group International'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.
Major Drilling Group International (MJDLF) has a Graham Number of $4.18 as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Major Drilling Group International and its competitors. This is 188% above median its historical median of 1.45. Over the past decade, Major Drilling Group International's Graham Number has ranged from 1.01 to 2.70. According to the industry distribution chart, Major Drilling Group International ranks #484 out of 610 companies in the Metals & Mining industry, placing it in the top 79.3%.
Is Major Drilling Group International's Graham Number too high?
Major Drilling Group International's current Graham Number of $4.18 is 188% above median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 2.70. The Metals & Mining industry median Graham Number is 1.26. Major Drilling Group International's value of $4.18 is 231.7% above this industry median. Based on the distribution chart, Major Drilling Group International ranks #484 out of 610 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Major Drilling Group International has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's Graham Number compare to competitors?
According to the Metals & Mining industry distribution chart, Major Drilling Group International ranks #484 out of 610 companies for Graham Number. This places Major Drilling Group International in the lower half of its industry. The industry median Graham Number is 1.26. Major Drilling Group International's value of $4.18 is 231.7% above this benchmark. Historically, Major Drilling Group International's own Graham Number has ranged from 1.01 to 2.70 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 1.26, Major Drilling Group International has consistently been above the industry average. 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 Metals & Mining company?
The median Graham Number among Metals & Mining companies is 1.26, based on 610 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. Major Drilling Group International's current Graham Number of $4.18 is 231.7% above 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 Major Drilling Group International and its competitors. For the Metals & Mining industry, the median Graham Number is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Drilling Group International's current Graham Number is $4.18, which is 188% above median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Drilling Group International stock overvalued right now?
Based on GuruFocus' analysis, Major Drilling Group International (MJDLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.47, compared to a current price of $9.91 — trading 17% above its estimated fair value. The current Graham Number is $4.18, which is 188% above median its 10-year median of 1.45 and 231.7% above the Metals & Mining industry median of 1.26. Major Drilling Group International's overall GF Score™ is 85/100 with 4 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 Major Drilling Group International (MJDLF), the current Graham Number is $4.18 as of Apr. 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 Major Drilling Group International (MJDLF) Overvalued in 2026?
Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued.
The current stock price of $9.91 is trading 17% above its estimated GF Value™ of $8.47.
GuruFocus considers Major Drilling Group International to be Modestly Overvalued.
Key valuation signals for MJDLF:
Graham Number: $4.18 (188% above median its 10-year median of 1.45)
GF Value™: $8.47 vs. price of $9.91 (17% above fair value)
Industry Position: 231.7% above the Metals & Mining median (#484 of 610)
No single metric tells the full story. See the MJDLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Major Drilling Group International Business Description
Major Drilling Group International Inc consists of contract drilling for companies mainly involved in mining and mineral exploration. The Company has operations in North America, South America, Australia, Asia, and Africa. Its services are Surface Drilling Services, and Underground Drilling Services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which majority of its revenue comes from South and Central America.
85GF Score
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