Standard Bank MalawiMSW:STANDARD 77 Graham Number is MWK821.06 as of Dec. 2025, which is 100% below its 10-year median of 1.69. GuruFocus rates MSW:STANDARD with a GF Score™ of 77/100 and a GF Value™ of MWK1,930.90 (Significantly Overvalued). Among 1,434 Banks companies, Standard Bank Malawi ranks worse than 99.51% 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 (2026-07-09), the stock price of Standard Bank Malawi is MWK3999.24. Standard Bank Malawi's graham number for the quarter that ended in Dec. 2025 was MWK821.06. Therefore, Standard Bank Malawi's Price to Graham Number ratio for today is 4.87.
The historical rank and industry rank for Standard Bank Malawi's Graham Number or its related term are showing as below:
MSW:STANDARD'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.1 Med: 1.69 Max: 133.71
Current: 4.87
During the past 8 years, the highest Price to Graham Number ratio of Standard Bank Malawi was 133.71. The lowest was 1.10. And the median was 1.69.
MSW:STANDARD's Price-to-Graham-Number is ranked worse than 99.51% of 1434
companies
in the Banks industry
Industry Median: 0.8
vs MSW:STANDARD: 4.87
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Standard Bank Malawi (MSW:STANDARD) 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.
Standard Bank Malawi's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
3999.24
/
821.06
=
4.87
* 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.
Standard Bank Malawi Graham Number Related Terms
Standard Bank Malawi Graham Number Historical Data
* Premium members only.
The historical data trend for Standard Bank Malawi'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.
MSW:STANDARD vs PNC, USB: Graham Number Comparison
For the Banks - Regional subindustry, Standard Bank Malawi'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.
Standard Bank Malawi Price-to-Graham-Number vs Banks Industry
For the Banks industry and Financial Services sector, Standard Bank Malawi's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Standard Bank Malawi'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.
Standard Bank Malawi (MSW:STANDARD) has a Graham Number of MWK821.06 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Standard Bank Malawi and its competitors. This is 48483% above median its historical median of 1.69. Over the past decade, Standard Bank Malawi's Graham Number has ranged from 1.10 to 133.71. According to the industry distribution chart, Standard Bank Malawi ranks #1427 out of 1434 companies in the Banks industry, placing it in the top 99.5%.
Is Standard Bank Malawi's Graham Number too high?
Standard Bank Malawi's current Graham Number of MWK821.06 is 48483% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 133.71. Based on the distribution chart, Standard Bank Malawi ranks #1427 out of 1434 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Standard Bank Malawi has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Standard Bank Malawi's Graham Number compare to PNC and USB?
According to the Banks industry distribution chart, Standard Bank Malawi ranks #1427 out of 1434 companies for Graham Number. This places Standard Bank Malawi in the lower half of its industry. The industry median Graham Number is 0.80. Historically, Standard Bank Malawi's own Graham Number has ranged from 1.10 to 133.71 over the past decade. 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 0.80, based on 1,434 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 Standard Bank Malawi and its competitors. For the Banks industry, the median Graham Number is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Standard Bank Malawi's current Graham Number is MWK821.06, which is 48483% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Bank Malawi stock overvalued right now?
Based on GuruFocus' analysis, Standard Bank Malawi (MSW:STANDARD) is currently considered Significantly Overvalued. The stock's GF Value™ is MWK1,930.90, compared to a current price of MWK3,999.24 — trading 107.1% above its estimated fair value. The current Graham Number is MWK821.06, which is 48483% above median its 10-year median of 1.69. Standard Bank Malawi's overall GF Score™ is 77/100. 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 Standard Bank Malawi (MSW:STANDARD), the current Graham Number is MWK821.06 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 Standard Bank Malawi (MSW:STANDARD) Overvalued in 2026?
Based on GuruFocus' analysis, Standard Bank Malawi stock appears to be overvalued.
The current stock price of MWK3,999.24 is trading 107.1% above its estimated GF Value™ of MWK1,930.90.
GuruFocus considers Standard Bank Malawi to be Significantly Overvalued.
Key valuation signals for MSW:STANDARD:
Graham Number: MWK821.06 (48483% above median its 10-year median of 1.69)
GF Value™: MWK1,930.90 vs. price of MWK3,999.24 (107.1% above fair value)
No single metric tells the full story. See the MSW:STANDARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Standard Bank Malawi PLC provides banking services. Its business operations are divided into three segments Corporate and Investment Banking, Personal and Private Banking, Business and Commercial Banking, and Treasury and Capital Management. Services offered by the company include current accounts, savings, deposits, investment savings products, custody, debit cards, consumer loans, mortgages, internet banking, telephone banking, foreign exchange, commodities, debt securities, and equities trading, among others. Its branches are located across Malawi. The Bank offers its services to individual customers and small to medium-sized enterprises.
77GF Score
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