Mask Investments (NSE:MASKINVEST) Graham Number: ₹13.26 (As of Mar. 2026) — 179% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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:MASKINVEST Mask Investments Ltd NSE:MASKINVEST
62 GF Score
Price ₹153.00
GF Value ₹22.49
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Mask Investments Graham Number?

Mask Investments NSE:MASKINVEST +1.32% 62 Graham Number is ₹13.26 as of Mar. 2026, which is 100% below its 10-year median of 4.75. GuruFocus rates NSE:MASKINVEST with a GF Score™ of 62/100 and a GF Value™ of ₹22.49 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 528 Capital Markets companies, Mask Investments ranks worse than 98.48% 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 (2026-07-30), the stock price of Mask Investments is ₹153.00. Mask Investments's graham number for the quarter that ended in Mar. 2026 was ₹13.26. Therefore, Mask Investments's Price to Graham Number ratio for today is 16.31.

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

NSE:MASKINVEST' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.17   Med: 4.75   Max: 11.54
Current: 11.54

During the past 13 years, the highest Price to Graham Number ratio of Mask Investments was 11.54. The lowest was 1.17. And the median was 4.75.

NSE:MASKINVEST's Price-to-Graham-Number is ranked worse than
98.48% of 528 companies
in the Capital Markets industry
Industry Median: 1.095 vs NSE:MASKINVEST: 11.54

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


Mask Investments  (NSE:MASKINVEST) 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.

Mask Investments's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=153.00/9.38
=16.31

* 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.


Mask Investments Graham Number Related Terms


Mask Investments Graham Number Historical Data

* Premium members only.

The historical data trend for Mask Investments'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.

Mask Investments Graham Number Chart

Mask Investments Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.52 37.36 28.03 28.20 28.98

Mask Investments Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 29.45 0.00 0.00 13.26

NSE:MASKINVEST vs MS, GS, SCHW: Graham Number Comparison

For the Capital Markets subindustry, Mask Investments'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.


Mask Investments Price-to-Graham-Number vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mask Investments's Price-to-Graham-Number distribution charts can be found below:

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


NSE:MASKINVEST
62GF Score
Mask Investments Ltd NSE:MASKINVEST
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mask Investments Graham Number Calculation

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

Mask Investments's Graham Number for the fiscal year that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*196.508*0.19)
=28.98

Mask Investments'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*195.436*0.02)
=9.38

* 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 ₹13.26 mean?
Mask Investments (NSE:MASKINVEST) has a Graham Number of ₹13.26 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Mask Investments and its competitors. This is 179% above median its historical median of 4.75. Over the past decade, Mask Investments' Graham Number has ranged from 1.17 to 11.54. According to the industry distribution chart, Mask Investments ranks #520 out of 528 companies in the Capital Markets industry, placing it in the top 98.5%.
Is Mask Investments' Graham Number too high?
Mask Investments' current Graham Number of ₹13.26 is 179% above median its 10-year median of 4.75. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 11.54. Based on the distribution chart, Mask Investments ranks #520 out of 528 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Mask Investments has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mask Investments' Graham Number compare to MS and GS?
According to the Capital Markets industry distribution chart, Mask Investments ranks #520 out of 528 companies for Graham Number. This places Mask Investments in the lower half of its industry. The industry median Graham Number is 1.10. Historically, Mask Investments' own Graham Number has ranged from 1.17 to 11.54 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 Capital Markets company?
The median Graham Number among Capital Markets companies is 1.10, based on 528 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 Mask Investments and its competitors. For the Capital Markets 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. Mask Investments's current Graham Number is ₹13.26, which is 179% above median its own 10-year median of 4.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mask Investments stock overvalued right now?
Based on GuruFocus' analysis, Mask Investments (NSE:MASKINVEST) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹22.49, compared to a current price of ₹153.00 — trading 580.3% above its estimated fair value. The current Graham Number is ₹13.26, which is 179% above median its 10-year median of 4.75. Mask Investments' overall GF Score™ is 62/100 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 Mask Investments (NSE:MASKINVEST), the current Graham Number is ₹13.26 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 Mask Investments (NSE:MASKINVEST) Overvalued in 2026?

Based on GuruFocus' analysis, Mask Investments stock appears to be overvalued. The current stock price of ₹153.00 is trading 580.3% above its estimated GF Value™ of ₹22.49. GuruFocus considers Mask Investments to be Significantly Overvalued.

Key valuation signals for NSE:MASKINVEST:

  • Graham Number: ₹13.26 (179% above median its 10-year median of 4.75)
  • GF Value™: ₹22.49 vs. price of ₹153.00 (580.3% above fair value)
  • GF Score™: 62/100 with 2 warning signs

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


Mask Investments Business Description

Address Rajhans Montessa, Dumas Road, Office No. 908, 9th Floor, Magdalla, Choryasi, Surat, GJ, IND, 395007
Mask Investments Ltd is a non-banking finance company. It is engaged in investment in shares and securities. The company has a single segment namely Finance and Investment Activities.
62GF Score

Get the complete analysis for NSE:MASKINVEST

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

₹153.00
Price
₹22.49
GF Value