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ABSA Bank KenyaNAI:ABSA +0.57%77 Graham Number is KES41.90 as of Mar. 2026, which is 100% below its 10-year median of 0.63. GuruFocus rates NAI:ABSA with a GF Score™ of 77/100 and a GF Value™ of KES16.49 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,427 Banks companies, ABSA Bank Kenya ranks worse than 54.45% 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 (2026-08-22), the stock price of ABSA Bank Kenya is KES35.25. ABSA Bank Kenya's graham number for the quarter that ended in Mar. 2026 was KES41.90. Therefore, ABSA Bank Kenya's Price to Graham Number ratio for today is 0.84.
The historical rank and industry rank for ABSA Bank Kenya's Graham Number or its related term are showing as below:
NAI:ABSA'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.39 Med: 0.63 Max: 1.2
Current: 0.84
During the past 13 years, the highest Price to Graham Number ratio of ABSA Bank Kenya was 1.20. The lowest was 0.39. And the median was 0.63.
NAI:ABSA's Price-to-Graham-Number is ranked worse than 54.45% of 1427
companies
in the Banks industry
Industry Median: 0.8
vs NAI:ABSA: 0.84
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
ABSA Bank Kenya (NAI:ABSA) 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.
ABSA Bank Kenya's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
35.25
/
41.90
=
0.84
* 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.
ABSA Bank Kenya Graham Number Related Terms
ABSA Bank Kenya Graham Number Historical Data
* Premium members only.
The historical data trend for ABSA Bank Kenya'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.
ABSA Bank Kenya Graham Number Competitor Comparison
For the Banks - Regional subindustry, ABSA Bank Kenya'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.
ABSA Bank Kenya Price-to-Graham-Number vs Banks Industry
For the Banks industry and Financial Services sector, ABSA Bank Kenya's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where ABSA Bank Kenya'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.
ABSA Bank Kenya (NAI:ABSA) has a Graham Number of KES41.90 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on ABSA Bank Kenya and its competitors. This is 6551% above median its historical median of 0.63. Over the past decade, ABSA Bank Kenya's Graham Number has ranged from 0.39 to 1.20. According to the industry distribution chart, ABSA Bank Kenya ranks #777 out of 1427 companies in the Banks industry, placing it in the top 54.4%.
Is ABSA Bank Kenya's Graham Number too high?
ABSA Bank Kenya's current Graham Number of KES41.90 is 6551% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.20. Based on the distribution chart, ABSA Bank Kenya ranks #777 out of 1427 companies in the Banks industry, which is below the industry midpoint. Overall, ABSA Bank Kenya has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ABSA Bank Kenya's Graham Number compare to competitors?
According to the Banks industry distribution chart, ABSA Bank Kenya ranks #777 out of 1427 companies for Graham Number. This places ABSA Bank Kenya in the lower half of its industry. The industry median Graham Number is 0.80. Historically, ABSA Bank Kenya's own Graham Number has ranged from 0.39 to 1.20 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 1,427 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 ABSA Bank Kenya 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. ABSA Bank Kenya's current Graham Number is KES41.90, which is 6551% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ABSA Bank Kenya stock overvalued right now?
Based on GuruFocus' analysis, ABSA Bank Kenya (NAI:ABSA) is currently considered Significantly Overvalued. The stock's GF Value™ is KES16.49, compared to a current price of KES35.25 — trading 113.8% above its estimated fair value. The current Graham Number is KES41.90, which is 6551% above median its 10-year median of 0.63. ABSA Bank Kenya's overall GF Score™ is 77/100 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 ABSA Bank Kenya (NAI:ABSA), the current Graham Number is KES41.90 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 ABSA Bank Kenya (NAI:ABSA) Overvalued in 2026?
Based on GuruFocus' analysis, ABSA Bank Kenya stock appears to be overvalued.
The current stock price of KES35.25 is trading 113.8% above its estimated GF Value™ of KES16.49.
GuruFocus considers ABSA Bank Kenya to be Significantly Overvalued.
Key valuation signals for NAI:ABSA:
Graham Number: KES41.90 (6551% above median its 10-year median of 0.63)
GF Value™: KES16.49 vs. price of KES35.25 (113.8% above fair value)
No single metric tells the full story. See the NAI:ABSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ABSA Bank Kenya PLC is a diversified financial services company offering clients a range of retail, business, corporate and investment, and wealth management solutions. The company's operating segment includes Consumer banking and Corporate banking. It generates maximum revenue from the Consumer Banking segment. The Consumer Banking segment incorporates private customer current accounts, savings, deposits, credit and debit cards, consumer loans, and mortgages. Its Corporate Banking segment includes the business model that centers on delivering specialist investment banking, financing, risk management, and advisory solutions across asset classes to corporates, financial institutions and government clients.
77GF Score
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