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.
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.
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 Automotive Stampings & Assemblies's Graham Number or its related term are showing as below:
NSE:ASAL'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 4 Med: 8.83 Max: 13.66
Current: 5.48
During the past 13 years, the highest Price to Graham Number ratio of Automotive Stampings & Assemblies was 13.66. The lowest was 4.00. And the median was 8.83.
NSE:ASAL's Price-to-Graham-Number is ranked worse than 96.24% of 984
companies
in the Vehicles & Parts industry
Industry Median: 1.14
vs NSE:ASAL: 5.48
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Automotive Stampings & Assemblies (NSE:ASAL) 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.
Automotive Stampings & Assemblies's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
522.30
/
95.58
=
5.46
* 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.
Automotive Stampings & Assemblies Graham Number Related Terms
Automotive Stampings & Assemblies 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.
Automotive Stampings & Assemblies Graham Number Chart
For the Auto Parts subindustry, Automotive Stampings & Assemblies'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.
Automotive Stampings & Assemblies Price-to-Graham-Number vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Automotive Stampings & Assemblies's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Automotive Stampings & Assemblies'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.
Automotive Stampings & Assemblies (NSE:ASAL) has a Graham Number of ₹95.58 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Automotive Stampings & Assemblies and its competitors. This is 982% above median its historical median of 8.83. Over the past decade, Automotive Stampings & Assemblies' Graham Number has ranged from 4.00 to 13.66. According to the industry distribution chart, Automotive Stampings & Assemblies ranks #947 out of 984 companies in the Vehicles & Parts industry, placing it in the top 96.2%.
Is Automotive Stampings & Assemblies' Graham Number too high?
Automotive Stampings & Assemblies' current Graham Number of ₹95.58 is 982% above median its 10-year median of 8.83. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 13.66. Based on the distribution chart, Automotive Stampings & Assemblies ranks #947 out of 984 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Automotive Stampings & Assemblies has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Automotive Stampings & Assemblies' Graham Number compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Automotive Stampings & Assemblies ranks #947 out of 984 companies for Graham Number. This places Automotive Stampings & Assemblies in the lower half of its industry. The industry median Graham Number is 1.14. Historically, Automotive Stampings & Assemblies' own Graham Number has ranged from 4.00 to 13.66 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 Vehicles & Parts company?
The median Graham Number among Vehicles & Parts companies is 1.14, based on 984 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 Automotive Stampings & Assemblies and its competitors. For the Vehicles & Parts industry, the median Graham Number is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Automotive Stampings & Assemblies's current Graham Number is ₹95.58, which is 982% above median its own 10-year median of 8.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Automotive Stampings & Assemblies stock overvalued right now?
Based on GuruFocus' analysis, Automotive Stampings & Assemblies (NSE:ASAL) is currently considered Fairly Valued. The stock's GF Value™ is ₹571.71, compared to a current price of ₹522.30 — trading 8.6% below its estimated fair value. The current Graham Number is ₹95.58, which is 982% above median its 10-year median of 8.83. Automotive Stampings & Assemblies' overall GF Score™ is 71/100 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 Automotive Stampings & Assemblies (NSE:ASAL), the current Graham Number is ₹95.58 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 Automotive Stampings & Assemblies (NSE:ASAL) Overvalued in 2026?
Based on GuruFocus' analysis, Automotive Stampings & Assemblies stock appears to be undervalued.
The current stock price of ₹522.30 is trading 8.6% below its estimated GF Value™ of ₹571.71.
GuruFocus considers Automotive Stampings & Assemblies to be Fairly Valued.
Key valuation signals for NSE:ASAL:
Graham Number: ₹95.58 (982% above median its 10-year median of 8.83)
GF Value™: ₹571.71 vs. price of ₹522.30 (8.6% below fair value)
No single metric tells the full story. See the NSE:ASAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Automotive Stampings & Assemblies Business Description
Automotive Stampings & Assemblies Ltd manufactures and supplies sheet metal components, welded assemblies, and modules for automobiles. The company operates only in the Automobile Component Segment in the Domestic Market. Geographically, the majority of its revenue comes from Components.
71GF Score
Get the complete analysis for NSE:ASAL
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ASAL has been successfully added to your 
