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Monument MiningMMTMF -3.43%43 Graham Number is $1.82 as of Mar. 2026, which is 550% above its 10-year median of 0.28. GuruFocus rates MMTMF with a GF Score™ of 43/100 and a GF Value™ of $0.72 (Modestly Undervalued). Among 616 Metals & Mining companies, Monument Mining ranks better than 93.51% 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 (2026-08-02), the stock price of Monument Mining is $0.5244. Monument Mining's graham number for the quarter that ended in Mar. 2026 was $1.82. Therefore, Monument Mining's Price to Graham Number ratio for today is 0.29.
The historical rank and industry rank for Monument Mining's Graham Number or its related term are showing as below:
MMTMF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.14 Med: 0.28 Max: 0.6
Current: 0.29
During the past 13 years, the highest Price to Graham Number ratio of Monument Mining was 0.60. The lowest was 0.14. And the median was 0.28.
MMTMF's Price-to-Graham-Number is ranked better than 93.51% of 616
companies
in the Metals & Mining industry
Industry Median: 1.24
vs MMTMF: 0.29
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Monument Mining (OTCPK:MMTMF) 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.
Monument Mining's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.5244
/
1.82
=
0.29
* 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.
Monument Mining Graham Number Related Terms
Monument Mining Graham Number Historical Data
* Premium members only.
The historical data trend for Monument Mining'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.
For the Gold subindustry, Monument Mining'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.
Monument Mining Price-to-Graham-Number vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Monument Mining's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Monument Mining'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.
Monument Mining (MMTMF) has a Graham Number of $1.82 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Monument Mining and its competitors. This is 550% above median its historical median of 0.28. Over the past decade, Monument Mining's Graham Number has ranged from 0.14 to 0.60. According to the industry distribution chart, Monument Mining ranks #40 out of 616 companies in the Metals & Mining industry, placing it in the top 6.5%.
Is Monument Mining's Graham Number too high?
Monument Mining's current Graham Number of $1.82 is 550% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.60. The Metals & Mining industry median Graham Number is 1.24. Monument Mining's value of $1.82 is 46.8% above this industry median. Based on the distribution chart, Monument Mining ranks #40 out of 616 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Monument Mining has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Monument Mining's Graham Number compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Monument Mining ranks #40 out of 616 companies for Graham Number. This places Monument Mining in the top 7% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.24. Monument Mining's value of $1.82 is 46.8% above this benchmark. Historically, Monument Mining's own Graham Number has ranged from 0.14 to 0.60 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 1.24, Monument Mining 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 1.24, based on 616 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. Monument Mining's current Graham Number of $1.82 is 46.8% 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 Monument Mining and its competitors. For the Metals & Mining industry, the median Graham Number is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monument Mining's current Graham Number is $1.82, which is 550% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monument Mining stock overvalued right now?
Based on GuruFocus' analysis, Monument Mining (MMTMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.72, compared to a current price of $0.52 — trading 27.2% below its estimated fair value. The current Graham Number is $1.82, which is 550% above median its 10-year median of 0.28 and 46.8% above the Metals & Mining industry median of 1.24. Monument Mining's overall GF Score™ is 43/100. 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 Monument Mining (MMTMF), the current Graham Number is $1.82 as of Mar. 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 Monument Mining (MMTMF) Overvalued in 2026?
Based on GuruFocus' analysis, Monument Mining stock appears to be undervalued.
The current stock price of $0.52 is trading 27.2% below its estimated GF Value™ of $0.72.
GuruFocus considers Monument Mining to be Modestly Undervalued.
Key valuation signals for MMTMF:
Graham Number: $1.82 (550% above median its 10-year median of 0.28)
GF Value™: $0.72 vs. price of $0.52 (27.2% below fair value)
Industry Position: 46.8% above the Metals & Mining median (#40 of 616)
No single metric tells the full story. See the MMTMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Monument Mining Ltd is a Vancouver-based gold producer focused on the operation, acquisition, exploration, and development of precious metals, mainly gold. The Company operates through three main segments: Mine Operation (gold), Exploration and Evaluation (gold), and Corporate. Its mining operations are located in Malaysia, while its exploration and evaluation activities take place in both Malaysia and Australia. The corporate head office is the final reportable operating segment. The Selinsing gold portfolio includes the Selinsing, Buffalo Reef, Felda Land, and Famehub properties in Pahang State, Malaysia. In Western Australia, the Company manages the Murchison Gold Projects, which consist of the Burnakura, Gabanintha, and Tuckanarra properties.
43GF Score
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