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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 Al Madina Takaful Co.OG's Graham Number or its related term are showing as below:
MUS:AMAT'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.37 Med: 0.67 Max: 1.6
Current: 0.46
During the past 13 years, the highest Price to Graham Number ratio of Al Madina Takaful Co.OG was 1.60. The lowest was 0.37. And the median was 0.67.
MUS:AMAT's Price-to-Graham-Number is ranked better than 88.94% of 425
companies
in the Insurance industry
Industry Median: 0.94
vs MUS:AMAT: 0.46
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Al Madina Takaful Co.OG (MUS:AMAT) 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.
Al Madina Takaful Co.OG's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.119
/
0.26
=
0.45
* 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.
Al Madina Takaful Co.OG Graham Number Related Terms
Al Madina Takaful Co.OG 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:AMAT vs BRK.A, AIG, HIG: Graham Number Comparison
For the Insurance - Diversified subindustry, Al Madina Takaful Co.OG'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.
Al Madina Takaful Co.OG Price-to-Graham-Number vs Insurance Industry
For the Insurance industry and Financial Services sector, Al Madina Takaful Co.OG's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Al Madina Takaful Co.OG'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.
Al Madina Takaful Co.OG (MUS:AMAT) has a Graham Number of ر.ع0.26 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Al Madina Takaful Co.OG and its competitors. Over the past decade, Al Madina Takaful Co.OG's Graham Number has ranged from 0.37 to 1.60. According to the industry distribution chart, Al Madina Takaful Co.OG ranks #47 out of 425 companies in the Insurance industry, placing it in the top 11.1%.
Is Al Madina Takaful Co.OG's Graham Number too high?
Al Madina Takaful Co.OG's current Graham Number is ر.ع0.26. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.60. Based on the distribution chart, Al Madina Takaful Co.OG ranks #47 out of 425 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Al Madina Takaful Co.OG has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Al Madina Takaful Co.OG's Graham Number compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Al Madina Takaful Co.OG ranks #47 out of 425 companies for Graham Number. This places Al Madina Takaful Co.OG in the top 11% of its industry — outperforming the majority of peers. The industry median Graham Number is 0.94. Historically, Al Madina Takaful Co.OG's own Graham Number has ranged from 0.37 to 1.60 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 Insurance company?
The median Graham Number among Insurance companies is 0.94, based on 425 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 Al Madina Takaful Co.OG and its competitors. For the Insurance industry, the median Graham Number is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Madina Takaful Co.OG's current Graham Number is ر.ع0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Madina Takaful Co.OG stock overvalued right now?
Based on GuruFocus' analysis, Al Madina Takaful Co.OG (MUS:AMAT) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع0.13, compared to a current price of ر.ع0.12 — trading 8.5% below its estimated fair value. The current Graham Number is ر.ع0.26. Al Madina Takaful Co.OG's overall GF Score™ is 37/100. 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 Al Madina Takaful Co.OG (MUS:AMAT), the current Graham Number is ر.ع0.26 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 Al Madina Takaful Co.OG (MUS:AMAT) Overvalued in 2026?
Based on GuruFocus' analysis, Al Madina Takaful Co.OG stock appears to be undervalued.
The current stock price of ر.ع0.12 is trading 8.5% below its estimated GF Value™ of ر.ع0.13.
GuruFocus considers Al Madina Takaful Co.OG to be Fairly Valued.
Key valuation signals for MUS:AMAT:
Graham Number: ر.ع0.26
GF Value™: ر.ع0.13 vs. price of ر.ع0.12 (8.5% below fair value)
No single metric tells the full story. See the MUS:AMAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Al Madina Takaful Co. SAOG is engaged in the business of takaful activities and investments by adopting the wakala and mudarabha model respectively, on behalf of the participants by the Islamic Sharia principles. The business operating segments are Family takaful and general takaful. It generates the majority of its revenue from General takaful, which contracts include Motor, marine and aviation, Fire, energy, medical, engineering, liability, and general accident contracts. Geographically, the operations of the company are located inside the Sultanate of Oman.
37GF Score
Get the complete analysis for MUS:AMAT
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