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NIB HoldingsNIBHF 92 Graham Number is $2.42 as of Jun. 2026. GuruFocus rates NIBHF with a GF Score™ of 92/100. The stock has 1 warning sign investors should review. Among 423 Insurance companies, NIB Holdings ranks worse than 84.87% 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 (2026-09-06), the stock price of NIB Holdings is $0.00. NIB Holdings's graham number for the quarter that ended in Jun. 2026 was $2.42. Therefore, NIB Holdings's Price to Graham Number ratio for today is 0.00.
The historical rank and industry rank for NIB Holdings's Graham Number or its related term are showing as below:
During the past 13 years, the highest Price to Graham Number ratio of NIB Holdings was 3.57. The lowest was 2.02. And the median was 2.81.
NIBHF's Price-to-Graham-Number is not ranked *
in the Insurance industry.
Industry Median: 0.92 * Ranked among companies with meaningful Price-to-Graham-Number only.
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
NIB Holdings (OTCPK:NIBHF) 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.
NIB Holdings's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
0.00
/
2.42
=
0.00
* 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.
NIB Holdings Graham Number Related Terms
NIB Holdings Graham Number Historical Data
* Premium members only.
The historical data trend for NIB Holdings'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.
For the Insurance - Specialty subindustry, NIB Holdings'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.
NIB Holdings Price-to-Graham-Number vs Insurance Industry
For the Insurance industry and Financial Services sector, NIB Holdings's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where NIB Holdings'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.
NIB Holdings (NIBHF) has a Graham Number of $2.42 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on NIB Holdings and its competitors. According to the industry distribution chart, NIB Holdings ranks #359 out of 423 companies in the Insurance industry, placing it in the top 84.9%.
Is NIB Holdings' Graham Number too high?
NIB Holdings' current Graham Number is $2.42. The Insurance industry median Graham Number is 0.92. NIB Holdings' value of $2.42 is 163% above this industry median. Based on the distribution chart, NIB Holdings ranks #359 out of 423 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, NIB Holdings has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does NIB Holdings' Graham Number compare to FNF and RYAN?
According to the Insurance industry distribution chart, NIB Holdings ranks #359 out of 423 companies for Graham Number. This places NIB Holdings in the lower half of its industry. The industry median Graham Number is 0.92. NIB Holdings' value of $2.42 is 163% above this benchmark. 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 0.92, based on 423 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. NIB Holdings's current Graham Number of $2.42 is 163% above the industry median. 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 NIB Holdings and its competitors. For the Insurance industry, the median Graham Number is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIB Holdings's current Graham Number is $2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIB Holdings stock overvalued right now?
NIB Holdings (NIBHF) has a current Graham Number of $2.42. The current Graham Number is $2.42 and 163% above the Insurance industry median of 0.92. NIB Holdings' overall GF Score™ is 92/100 with 1 warning sign 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 NIB Holdings (NIBHF), the current Graham Number is $2.42 as of Jun. 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.
NIB Holdings is Australia's fourth-largest health fund. It is a national provider of private health insurance, life insurance, travel insurance, and related healthcare services, with a growing presence in New Zealand. Approximately 55% of the population is covered by private health insurance because of taxation benefits, shorter wait times, a choice of doctor and hospital, and cover of ancillary health services.
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