KCK Industries (NSE:KCK) Graham Number: ₹6.98 (As of Mar. 2024)

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.

NSE:KCK KCK Industries Ltd NSE:KCK
32 GF Score
Price ₹15.00
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What is KCK Industries Graham Number?

KCK Industries NSE:KCK +0.67% 32 Graham Number is ₹6.98 as of Mar. 2024. GuruFocus rates NSE:KCK with a GF Score™ of 32/100.

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 (2026-08-19), the stock price of KCK Industries is ₹15.00. KCK Industries's graham number for the quarter that ended in Mar. 2024 was ₹6.98. Therefore, KCK Industries's Price to Graham Number ratio for today is 2.05.

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

NSE:KCK's Price-to-Graham-Number is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.07
* 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.


KCK Industries  (NSE:KCK) 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.

KCK Industries's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=15.00/7.30
=2.05

* 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.


KCK Industries Graham Number Related Terms


KCK Industries Graham Number Historical Data

* Premium members only.

The historical data trend for KCK Industries'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.

KCK Industries Graham Number Chart

KCK Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Graham Number
Get a 7-Day Free Trial 1.81 0.69 6.05 6.74 6.20

KCK Industries Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Mar24
Graham Number Get a 7-Day Free Trial 0.00 6.05 7.10 6.73 6.98

NSE:KCK vs AIN: Graham Number Comparison

For the Textile Manufacturing subindustry, KCK Industries'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.


KCK Industries Price-to-Graham-Number vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:KCK
32GF Score
KCK Industries Ltd NSE:KCK
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KCK Industries Graham Number Calculation

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

KCK Industries's Graham Number for the fiscal year that ended in Mar. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*4.805*0.355)
=6.20

KCK Industries's Graham Number for the quarter that ended in Mar. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*4.805*0.493)
=7.30

* 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 ₹6.98 mean?
KCK Industries (NSE:KCK) has a Graham Number of ₹6.98 as of Mar. 2024. The Graham Number values a company based on its per-share earnings and book value. View historical data on KCK Industries and its competitors.
Is KCK Industries' Graham Number too high?
KCK Industries' current Graham Number is ₹6.98. Overall, KCK Industries has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does KCK Industries' Graham Number compare to AIN?
KCK Industries' Graham Number of ₹6.98 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Graham Number is 1.07. 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 1.07, based on 720 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 KCK Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Graham Number is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KCK Industries's current Graham Number is ₹6.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KCK Industries stock overvalued right now?
KCK Industries (NSE:KCK) has a current Graham Number of ₹6.98. The current Graham Number is ₹6.98. KCK Industries' overall GF Score™ is 32/100. 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 KCK Industries (NSE:KCK), the current Graham Number is ₹6.98 as of Mar. 2024. 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.

KCK Industries Business Description

Address Village Khokhar Kalan, Lehragaga, District Sangrur, Sangrur, PB, IND, 148031
KCK Industries Ltd is engaged in the business of trading and distribution of high-quality combed and carded cotton yarns in single and multifold and knitted fabrics. Its trading business also includes trading and distribution of high-quality chemicals and dyes for the textiles industry, leather, and paper industries. It also deals in Construction Chemicals. It supplies a diverse product portfolio in the chemicals and dyes segment. Its segments include the Trading segment and the Manufacturing / Processing Segment. It derives the majority of the revenue from the Manufacturing / Processing Segment that engages in processing the non-basmati and basmati rice.
32GF Score

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

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