Aastha Spintex (NSE:AASTHA) Graham Number: ₹56.24 (As of Mar. 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.
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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.

NSE:AASTHA Aastha Spintex Ltd NSE:AASTHA
19 GF Score
Price ₹76.85
! 1 Warning Sign
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What is Aastha Spintex Graham Number?

Aastha Spintex NSE:AASTHA -0.66% 19 Graham Number is ₹56.24 as of Mar. 2025. GuruFocus rates NSE:AASTHA with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 735 Manufacturing - Apparel & Accessories companies, Aastha Spintex ranks worse than 62.86% 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 (2026-09-09), the stock price of Aastha Spintex is ₹76.85. Aastha Spintex's graham number for the quarter that ended in Mar. 2025 was ₹56.24. Therefore, Aastha Spintex's Price to Graham Number ratio for today is 1.37.

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

NSE:AASTHA' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.39
Current: 1.37

During the past 3 years, the highest Price to Graham Number ratio of Aastha Spintex was 1.39. The lowest was 0.00. And the median was 0.00.

NSE:AASTHA's Price-to-Graham-Number is ranked worse than
62.86% of 735 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.05 vs NSE:AASTHA: 1.37

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


Aastha Spintex  (NSE:AASTHA) 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.

Aastha Spintex's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2025 )
=76.85/56.24
=1.37

* 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.


Aastha Spintex Graham Number Related Terms


Aastha Spintex Graham Number Historical Data

* Premium members only.

The historical data trend for Aastha Spintex'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.

Aastha Spintex Graham Number Chart

Aastha Spintex Annual Data
Trend Mar23 Mar24 Mar25
Graham Number
7.94 37.56 56.24

Aastha Spintex Semi-Annual Data
Mar23 Mar24 Mar25
Graham Number 0.00 37.56 56.24

Aastha Spintex Graham Number Competitor Comparison

For the Textile Manufacturing subindustry, Aastha Spintex'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.


Aastha Spintex Price-to-Graham-Number vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aastha Spintex's Price-to-Graham-Number distribution charts can be found below:

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


NSE:AASTHA
19GF Score
Aastha Spintex Ltd NSE:AASTHA
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aastha Spintex Graham Number Calculation

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

Aastha Spintex's Graham Number for the fiscal year that ended in Mar. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*27.407*5.13)
=56.24

Aastha Spintex's Graham Number for the quarter that ended in Mar. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*27.407*5.13)
=56.24

* 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 ₹56.24 mean?
Aastha Spintex (NSE:AASTHA) has a Graham Number of ₹56.24 as of Mar. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Aastha Spintex and its competitors. According to the industry distribution chart, Aastha Spintex ranks #462 out of 735 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 62.9%.
Is Aastha Spintex's Graham Number too high?
Aastha Spintex's current Graham Number is ₹56.24. Based on the distribution chart, Aastha Spintex ranks #462 out of 735 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Aastha Spintex has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Aastha Spintex's Graham Number compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aastha Spintex ranks #462 out of 735 companies for Graham Number. This places Aastha Spintex in the lower half of its industry. The industry median Graham Number is 1.05. 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 Manufacturing - Apparel & Accessories company?
The median Graham Number among Manufacturing - Apparel & Accessories companies is 1.05, based on 735 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 Aastha Spintex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Graham Number is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aastha Spintex's current Graham Number is ₹56.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aastha Spintex stock overvalued right now?
Aastha Spintex (NSE:AASTHA) has a current Graham Number of ₹56.24. The current Graham Number is ₹56.24. Aastha Spintex's overall GF Score™ is 19/100 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 Aastha Spintex (NSE:AASTHA), the current Graham Number is ₹56.24 as of Mar. 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.

Aastha Spintex Business Description

Other Exchanges 544808:India
Address Halvadmaliya Highway, Survey No 1441 1442 1448/1 1449 1450/2 P2 & 1443/P2, Halvad, Surendra Nagar, GJ, IND, 363 330
Aastha Spintex Ltd is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. Its cotton bales are used for captive consumption in yarn production and are also supplied to other spinning units. The company's cotton yarn products are used in knitting and weaving applications across end-use segments including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The majority of the company's revenue is derived from the sale of Cotton Yarn.
19GF Score

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

₹76.85
Price