RFBL Flexi Pack (NSE:RFBL) Graham Number: ₹24.91 (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.
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:RFBL RFBL Flexi Pack Ltd NSE:RFBL
17 GF Score
Price ₹83.15
! 3 Warning Signs
View Full Analysis

What is RFBL Flexi Pack Graham Number?

RFBL Flexi Pack NSE:RFBL -4.97% 17 Graham Number is ₹24.91 as of Mar. 2025. GuruFocus rates NSE:RFBL with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 297 Packaging & Containers companies, RFBL Flexi Pack ranks worse than 91.92% 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 (2026-08-10), the stock price of RFBL Flexi Pack is ₹83.15. RFBL Flexi Pack's graham number for the quarter that ended in Mar. 2025 was ₹24.91. Therefore, RFBL Flexi Pack's Price to Graham Number ratio for today is 3.34.

The historical rank and industry rank for RFBL Flexi Pack's Graham Number or its related term are showing as below:

NSE:RFBL' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.34
Current: 3.34

During the past 3 years, the highest Price to Graham Number ratio of RFBL Flexi Pack was 3.34. The lowest was 0.00. And the median was 0.00.

NSE:RFBL's Price-to-Graham-Number is ranked worse than
91.92% of 297 companies
in the Packaging & Containers industry
Industry Median: 1.03 vs NSE:RFBL: 3.34

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


RFBL Flexi Pack  (NSE:RFBL) 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.

RFBL Flexi Pack's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2025 )
=83.15/24.91
=3.34

* 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.


RFBL Flexi Pack Graham Number Related Terms


RFBL Flexi Pack Graham Number Historical Data

* Premium members only.

The historical data trend for RFBL Flexi Pack'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.

RFBL Flexi Pack Graham Number Chart

RFBL Flexi Pack Annual Data
Trend Mar23 Mar24 Mar25
Graham Number
3.28 15.30 24.91

RFBL Flexi Pack Semi-Annual Data
Mar23 Mar24 Mar25
Graham Number 0.00 15.30 24.91

NSE:RFBL vs SW, PKG, IP: Graham Number Comparison

For the Packaging & Containers subindustry, RFBL Flexi Pack'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.


RFBL Flexi Pack Price-to-Graham-Number vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, RFBL Flexi Pack's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where RFBL Flexi Pack's Price-to-Graham-Number falls into.


NSE:RFBL
17GF Score
RFBL Flexi Pack Ltd NSE:RFBL
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RFBL Flexi Pack Graham Number Calculation

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

RFBL Flexi Pack'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*7.722*3.572)
=24.91

RFBL Flexi Pack'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*7.722*3.572)
=24.91

* 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 ₹24.91 mean?
RFBL Flexi Pack (NSE:RFBL) has a Graham Number of ₹24.91 as of Mar. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on RFBL Flexi Pack and its competitors. According to the industry distribution chart, RFBL Flexi Pack ranks #273 out of 297 companies in the Packaging & Containers industry, placing it in the top 91.9%.
Is RFBL Flexi Pack's Graham Number too high?
RFBL Flexi Pack's current Graham Number is ₹24.91. Based on the distribution chart, RFBL Flexi Pack ranks #273 out of 297 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, RFBL Flexi Pack has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does RFBL Flexi Pack's Graham Number compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, RFBL Flexi Pack ranks #273 out of 297 companies for Graham Number. This places RFBL Flexi Pack in the lower half of its industry. The industry median Graham Number is 1.03. 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 Packaging & Containers company?
The median Graham Number among Packaging & Containers companies is 1.03, based on 297 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 RFBL Flexi Pack and its competitors. For the Packaging & Containers industry, the median Graham Number is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RFBL Flexi Pack's current Graham Number is ₹24.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RFBL Flexi Pack stock overvalued right now?
RFBL Flexi Pack (NSE:RFBL) has a current Graham Number of ₹24.91. The current Graham Number is ₹24.91. RFBL Flexi Pack's overall GF Score™ is 17/100 with 3 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 RFBL Flexi Pack (NSE:RFBL), the current Graham Number is ₹24.91 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.

RFBL Flexi Pack Business Description

Address Survey No 32, Plot No 15, Behind Marutinandan Temple Dhandha, Sabarkantha, Himatnagar, GJ, IND, 383001
RFBL Flexi Pack Ltd is engaged in the business of manufacturing and trading of printed multilayer flexible packaging material such as plastic film rolls and pouches which are predominantly used for packaging applications across various industries. The company also deals in trading of Woven Fabric Packaging Material and Polyster Laminated and other types of films. Scrap generated from business operations is further sold to business entities for their further processing and use. It operates under a Business to Business (B2B) model, catering to needs of clients who require high quality, customized packaging solutions. The Company specializes in the production of multilayer plastic films, by using manufacturing techniques to meet diverse packaging requirements.
17GF Score

Get the complete analysis for NSE:RFBL

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

₹83.15
Price