NRRWF (Nuran Wireless) Graham Number: $N/A (As of Mar. 2026)

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.

NRRWF Nuran Wireless Inc NRRWF
43 GF Score
Price $4.25
GF Value $3.13
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Nuran Wireless Graham Number?

Nuran Wireless NRRWF +3.66% 43 Graham Number is $N/A as of Mar. 2026. GuruFocus rates NRRWF with a GF Score™ of 43/100 and a GF Value™ of $3.13 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,617 Hardware companies, Nuran Wireless ranks worse than 61842.86% 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 Nuran Wireless is $4.25. Nuran Wireless's graham number for the quarter that ended in Mar. 2026 was $N/A. Therefore, Nuran Wireless's Price to Graham Number ratio for today is N/A.

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

NRRWF's Price-to-Graham-Number is not ranked *
in the Hardware industry.
Industry Median: 1.92
* 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.


Nuran Wireless  (OTCPK:NRRWF) 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.

Nuran Wireless's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=4.25/N/A
=N/A

* 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.


Nuran Wireless Graham Number Related Terms


Nuran Wireless Graham Number Historical Data

* Premium members only.

The historical data trend for Nuran Wireless'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.

Nuran Wireless Graham Number Chart

Nuran Wireless Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nuran Wireless Quarterly Data
Jan21 Apr21 Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NRRWF vs CSCO, MSI, HPE: Graham Number Comparison

For the Communication Equipment subindustry, Nuran Wireless'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.


Nuran Wireless Price-to-Graham-Number vs Hardware Industry

For the Hardware industry and Technology sector, Nuran Wireless's Price-to-Graham-Number distribution charts can be found below:

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


NRRWF
43GF Score
Nuran Wireless Inc NRRWF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuran Wireless Graham Number Calculation

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

Nuran Wireless'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*-0.104*-19.566)
=N/A

Nuran Wireless's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-0.239*-17.626)
=N/A

* 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 $N/A mean?
Nuran Wireless (NRRWF) has a Graham Number of $N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Nuran Wireless and its competitors. According to the industry distribution chart, Nuran Wireless ranks #999999 out of 1617 companies in the Hardware industry.
Is Nuran Wireless' Graham Number too high?
Nuran Wireless' current Graham Number is $N/A. Based on the distribution chart, Nuran Wireless ranks #999999 out of 1617 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Nuran Wireless has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuran Wireless' Graham Number compare to CSCO and MSI?
According to the Hardware industry distribution chart, Nuran Wireless ranks #999999 out of 1617 companies for Graham Number. This places Nuran Wireless in the lower half of its industry. The industry median Graham Number is 1.92. 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 Hardware company?
The median Graham Number among Hardware companies is 1.92, based on 1,617 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 Nuran Wireless and its competitors. For the Hardware industry, the median Graham Number is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuran Wireless's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuran Wireless stock overvalued right now?
Based on GuruFocus' analysis, Nuran Wireless (NRRWF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.13, compared to a current price of $4.25 — trading 35.8% above its estimated fair value. The current Graham Number is $N/A. Nuran Wireless' overall GF Score™ is 43/100 with 11 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 Nuran Wireless (NRRWF), the current Graham Number is $N/A 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 Nuran Wireless (NRRWF) Overvalued in 2026?

Based on GuruFocus' analysis, Nuran Wireless stock appears to be overvalued. The current stock price of $4.25 is trading 35.8% above its estimated GF Value™ of $3.13. GuruFocus considers Nuran Wireless to be Significantly Overvalued.

Key valuation signals for NRRWF:

  • Graham Number: $N/A
  • GF Value™: $3.13 vs. price of $4.25 (35.8% above fair value)
  • GF Score™: 43/100 with 11 warning signs

No single metric tells the full story. See the NRRWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuran Wireless Business Description

Other Exchanges 1RN:GermanyNUR:Canada
Address 2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3
Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing, and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments: NaaS and Direct Sales. The majority of the revenue is derived from Africa.
43GF Score

Get the complete analysis for NRRWF

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

$4.25
Price
$3.13
GF Value