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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.
The historical rank and industry rank for Abraj Energy Services CoOG's Graham Number or its related term are showing as below:
MUS:ABRJ'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.81 Med: 0.95 Max: 1.52
Current: 1.21
During the past 4 years, the highest Price to Graham Number ratio of Abraj Energy Services CoOG was 1.52. The lowest was 0.81. And the median was 0.95.
MUS:ABRJ's Price-to-Graham-Number is ranked worse than 56.29% of 620
companies
in the Oil & Gas industry
Industry Median: 1.055
vs MUS:ABRJ: 1.21
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Abraj Energy Services CoOG (MUS:ABRJ) 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.
Abraj Energy Services CoOG's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.363
/
0.30
=
1.19
* 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.
Abraj Energy Services CoOG Graham Number Related Terms
Abraj Energy Services CoOG 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.
MUS:ABRJ vs NE, RIG, VAL: Graham Number Comparison
For the Oil & Gas Drilling subindustry, Abraj Energy Services CoOG'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.
Abraj Energy Services CoOG Price-to-Graham-Number vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Abraj Energy Services CoOG's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Abraj Energy Services CoOG'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.
Abraj Energy Services CoOG (MUS:ABRJ) has a Graham Number of ر.ع0.30 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Abraj Energy Services CoOG and its competitors. Over the past decade, Abraj Energy Services CoOG's Graham Number has ranged from 0.81 to 1.52. According to the industry distribution chart, Abraj Energy Services CoOG ranks #349 out of 620 companies in the Oil & Gas industry, placing it in the top 56.3%.
Is Abraj Energy Services CoOG's Graham Number too high?
Abraj Energy Services CoOG's current Graham Number is ر.ع0.30. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 1.52. Based on the distribution chart, Abraj Energy Services CoOG ranks #349 out of 620 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Abraj Energy Services CoOG has a GF Score™ of 28/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Abraj Energy Services CoOG's Graham Number compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Abraj Energy Services CoOG ranks #349 out of 620 companies for Graham Number. This places Abraj Energy Services CoOG in the lower half of its industry. The industry median Graham Number is 1.06. Historically, Abraj Energy Services CoOG's own Graham Number has ranged from 0.81 to 1.52 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 an Oil & Gas company?
The median Graham Number among Oil & Gas companies is 1.06, based on 620 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 Abraj Energy Services CoOG and its competitors. For the Oil & Gas industry, the median Graham Number is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abraj Energy Services CoOG's current Graham Number is ر.ع0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abraj Energy Services CoOG stock overvalued right now?
Based on GuruFocus' analysis, Abraj Energy Services CoOG (MUS:ABRJ) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ع0.30, compared to a current price of ر.ع0.36 — trading 21% above its estimated fair value. The current Graham Number is ر.ع0.30. Abraj Energy Services CoOG's overall GF Score™ is 28/100 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 Abraj Energy Services CoOG (MUS:ABRJ), the current Graham Number is ر.ع0.30 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 Abraj Energy Services CoOG (MUS:ABRJ) Overvalued in 2026?
Based on GuruFocus' analysis, Abraj Energy Services CoOG stock appears to be overvalued.
The current stock price of ر.ع0.36 is trading 21% above its estimated GF Value™ of ر.ع0.30.
GuruFocus considers Abraj Energy Services CoOG to be Modestly Overvalued.
Key valuation signals for MUS:ABRJ:
Graham Number: ر.ع0.30
GF Value™: ر.ع0.30 vs. price of ر.ع0.36 (21% above fair value)
No single metric tells the full story. See the MUS:ABRJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Abraj Energy Services Co SAOG is an integrated energy company. It mainly provides oilfield services such as onshore drilling, workover, flowback, well testing, healthy intervention, cementing, fracturing, coil tubing, integrated project management, drilling fluids services, and training services. It has two reportable segments: Drilling and Work Over, Well Services, and Others of which it generates the majority of the revenue from the Drilling and Work Over Segment.
28GF Score
Get the complete analysis for MUS:ABRJ
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