Asyad Shipping (MUS:ASCO) Graham Number: ر.ع0.18 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MUS:ASCO Asyad Shipping MUS:ASCO
11 GF Score
Price ر.ع0.24
! 5 Warning Signs
View Full Analysis

What is Asyad Shipping Graham Number?

Asyad Shipping MUS:ASCO 11 Graham Number is ر.ع0.18 as of Dec. 2025. GuruFocus rates MUS:ASCO with a GF Score™ of 11/100. The stock has 5 warning signs investors should review. Among 740 Transportation companies, Asyad Shipping ranks worse than 64.59% 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 (2026-08-08), the stock price of Asyad Shipping is ر.ع0.241. Asyad Shipping's graham number for the quarter that ended in Dec. 2025 was ر.ع0.18. Therefore, Asyad Shipping's Price to Graham Number ratio for today is 1.31.

The historical rank and industry rank for Asyad Shipping's Graham Number or its related term are showing as below:

MUS:ASCO' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.99   Med: 0.99   Max: 1.37
Current: 1.34

During the past 2 years, the highest Price to Graham Number ratio of Asyad Shipping was 1.37. The lowest was 0.99. And the median was 0.99.

MUS:ASCO's Price-to-Graham-Number is ranked worse than
64.59% of 740 companies
in the Transportation industry
Industry Median: 1.01 vs MUS:ASCO: 1.34

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Asyad Shipping  (MUS:ASCO) 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.

Asyad Shipping's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.241/0.18
=1.31

* 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.


Asyad Shipping Graham Number Related Terms


Asyad Shipping Graham Number Historical Data

* Premium members only.

The historical data trend for Asyad Shipping'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.

Asyad Shipping Graham Number Chart

Asyad Shipping Annual Data
Trend Dec24 Dec25
Graham Number
0.00 0.18

Asyad Shipping Semi-Annual Data
Dec24 Dec25
Graham Number 0.00 0.18

MUS:ASCO vs KEX: Graham Number Comparison

For the Marine Shipping subindustry, Asyad Shipping'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.


Asyad Shipping Price-to-Graham-Number vs Transportation Industry

For the Transportation industry and Industrials sector, Asyad Shipping's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Asyad Shipping's Price-to-Graham-Number falls into.


MUS:ASCO
11GF Score
Asyad Shipping MUS:ASCO
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asyad Shipping Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Asyad Shipping's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.15*0.01)
=0.18

Asyad Shipping's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.15*0.01)
=0.18

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of ر.ع0.18 mean?
Asyad Shipping (MUS:ASCO) has a Graham Number of ر.ع0.18 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Asyad Shipping and its competitors. Over the past decade, Asyad Shipping's Graham Number has ranged from 0.99 to 1.37. According to the industry distribution chart, Asyad Shipping ranks #478 out of 740 companies in the Transportation industry, placing it in the top 64.6%.
Is Asyad Shipping's Graham Number too high?
Asyad Shipping's current Graham Number is ر.ع0.18. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 1.37. Based on the distribution chart, Asyad Shipping ranks #478 out of 740 companies in the Transportation industry, which is below the industry midpoint. Overall, Asyad Shipping has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Asyad Shipping's Graham Number compare to KEX?
According to the Transportation industry distribution chart, Asyad Shipping ranks #478 out of 740 companies for Graham Number. This places Asyad Shipping in the lower half of its industry. The industry median Graham Number is 1.01. Historically, Asyad Shipping's own Graham Number has ranged from 0.99 to 1.37 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 Transportation company?
The median Graham Number among Transportation companies is 1.01, based on 740 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 Asyad Shipping and its competitors. For the Transportation industry, the median Graham Number is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asyad Shipping's current Graham Number is ر.ع0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asyad Shipping stock overvalued right now?
Asyad Shipping (MUS:ASCO) has a current Graham Number of ر.ع0.18. The current Graham Number is ر.ع0.18. Asyad Shipping's overall GF Score™ is 11/100 with 5 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 Asyad Shipping (MUS:ASCO), the current Graham Number is ر.ع0.18 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.

Asyad Shipping Business Description

Address Bawsher Street, Building no. 1/171, Bawsher Heights, Complex 261, Bowsher, Muscat, OMN, PC 115
Asyad Shipping is engaged in various activities in the logistics sector, including freight forwarding, maritime, ports, free zones and on land logistics. The company operates internationally and the subsidiaries of the company operate in Oman.
11GF Score

Get the complete analysis for MUS:ASCO

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ر.ع0.24
Price