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PT Nippon Indosariindo TbkNIPAF 73 Graham Number is $0.03 as of Mar. 2026, which is 98% below its 10-year median of 1.86. GuruFocus rates NIPAF with a GF Score™ of 73/100 and a GF Value™ of $0.04. The stock has 2 warning signs investors should review. Among 1,386 Consumer Packaged Goods companies, PT Nippon Indosariindo Tbk ranks better than 51.15% 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.
The historical rank and industry rank for PT Nippon Indosariindo Tbk's Graham Number or its related term are showing as below:
NIPAF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.92 Med: 1.86 Max: 2.98
Current: 0.92
During the past 13 years, the highest Price to Graham Number ratio of PT Nippon Indosariindo Tbk was 2.98. The lowest was 0.92. And the median was 1.86.
NIPAF's Price-to-Graham-Number is ranked better than 51.15% of 1386
companies
in the Consumer Packaged Goods industry
Industry Median: 1.1
vs NIPAF: 0.92
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
PT Nippon Indosariindo Tbk (OTCPK:NIPAF) 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.
PT Nippon Indosariindo Tbk's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.0275
/
0.03
=
0.92
* 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.
PT Nippon Indosariindo Tbk Graham Number Related Terms
PT Nippon Indosariindo Tbk 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.
For the Packaged Foods subindustry, PT Nippon Indosariindo Tbk'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.
PT Nippon Indosariindo Tbk Price-to-Graham-Number vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Nippon Indosariindo Tbk's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where PT Nippon Indosariindo Tbk'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.
PT Nippon Indosariindo Tbk (NIPAF) has a Graham Number of $0.03 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Nippon Indosariindo Tbk and its competitors. This is 98% below median its historical median of 1.86. Over the past decade, PT Nippon Indosariindo Tbk's Graham Number has ranged from 0.92 to 2.98. According to the industry distribution chart, PT Nippon Indosariindo Tbk ranks #677 out of 1386 companies in the Consumer Packaged Goods industry, placing it in the top 48.8%.
Is PT Nippon Indosariindo Tbk's Graham Number too high?
PT Nippon Indosariindo Tbk's current Graham Number of $0.03 is 98% below median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 2.98. The Consumer Packaged Goods industry median Graham Number is 1.10. PT Nippon Indosariindo Tbk's value of $0.03 is 97.3% below this industry median. Based on the distribution chart, PT Nippon Indosariindo Tbk ranks #677 out of 1386 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, PT Nippon Indosariindo Tbk has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does PT Nippon Indosariindo Tbk's Graham Number compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Nippon Indosariindo Tbk ranks #677 out of 1386 companies for Graham Number. This puts PT Nippon Indosariindo Tbk in the upper half of its industry. The industry median Graham Number is 1.10. PT Nippon Indosariindo Tbk's value of $0.03 is 97.3% below this benchmark. Historically, PT Nippon Indosariindo Tbk's own Graham Number has ranged from 0.92 to 2.98 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 1.10, PT Nippon Indosariindo Tbk has consistently been below the industry average. 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 Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.10, based on 1,386 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. PT Nippon Indosariindo Tbk's current Graham Number of $0.03 is 97.3% below 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 PT Nippon Indosariindo Tbk and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Nippon Indosariindo Tbk's current Graham Number is $0.03, which is 98% below median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Nippon Indosariindo Tbk stock overvalued right now?
PT Nippon Indosariindo Tbk (NIPAF) has a current Graham Number of $0.03. The stock's GF Value™ is $0.04, compared to a current price of $0.03 — trading 31.3% below its estimated fair value. The current Graham Number is $0.03, which is 98% below median its 10-year median of 1.86 and 97.3% below the Consumer Packaged Goods industry median of 1.10. PT Nippon Indosariindo Tbk's overall GF Score™ is 73/100 with 2 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 PT Nippon Indosariindo Tbk (NIPAF), the current Graham Number is $0.03 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 PT Nippon Indosariindo Tbk (NIPAF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Nippon Indosariindo Tbk stock appears to be undervalued.
The current stock price of $0.03 is trading 31.3% below its estimated GF Value™ of $0.04.
Key valuation signals for NIPAF:
Graham Number: $0.03 (98% below median its 10-year median of 1.86)
GF Value™: $0.04 vs. price of $0.03 (31.3% below fair value)
Industry Position: 97.3% below the Consumer Packaged Goods median (#677 of 1386)
No single metric tells the full story. See the NIPAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Nippon Indosari Corpindo Tbk is engaged in bakery and cake industry, processing of other dairy products, processing of fruit and vegetable juice, soft drink, wholesale of bakery products, wholesale of non-alcoholic non-dairy beverages, wholesale of milk and dairy products, food from chocolate and confectionery of chocolate. Its products include White Bread, Sweet Bread, Cakes, and Others. The company has three operating segments, comprising of West area, Central area and East area. The majority of the revenue is derived from the Central area.
73GF Score
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