SBC Exports (NSE:SBC) Graham Number: ₹5.21 (As of Mar. 2026) — 20% 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:SBC SBC Exports Ltd NSE:SBC
82 GF Score
Price ₹38.60
GF Value ₹28.79
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is SBC Exports Graham Number?

SBC Exports NSE:SBC +0.13% 82 Graham Number is ₹5.21 as of Mar. 2026, which is 100% below its 10-year median of 4.33. GuruFocus rates NSE:SBC with a GF Score™ of 82/100 and a GF Value™ of ₹28.79 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 366 Conglomerates companies, SBC Exports ranks worse than 96.72% 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 (2026-08-16), the stock price of SBC Exports is ₹38.60. SBC Exports's graham number for the quarter that ended in Mar. 2026 was ₹5.21. Therefore, SBC Exports's Price to Graham Number ratio for today is 7.41.

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

NSE:SBC' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.32   Med: 4.33   Max: 8.65
Current: 7.42

During the past 11 years, the highest Price to Graham Number ratio of SBC Exports was 8.65. The lowest was 0.32. And the median was 4.33.

NSE:SBC's Price-to-Graham-Number is ranked worse than
96.72% of 366 companies
in the Conglomerates industry
Industry Median: 0.905 vs NSE:SBC: 7.42

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


SBC Exports  (NSE:SBC) 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.

SBC Exports's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=38.60/5.21
=7.41

* 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.


SBC Exports Graham Number Related Terms


SBC Exports Graham Number Historical Data

* Premium members only.

The historical data trend for SBC Exports'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.

SBC Exports Graham Number Chart

SBC Exports 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 0.94 1.89 2.49 2.71 4.47

SBC Exports Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 3.72 0.00 4.07 0.00 5.21

NSE:SBC vs MMM, HON: Graham Number Comparison

For the Conglomerates subindustry, SBC Exports'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.


SBC Exports Price-to-Graham-Number vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, SBC Exports's Price-to-Graham-Number distribution charts can be found below:

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


NSE:SBC
82GF Score
SBC Exports Ltd NSE:SBC
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBC Exports Graham Number Calculation

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

SBC Exports'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*1.676*0.53)
=4.47

SBC Exports'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*1.676*0.72)
=5.21

* 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 ₹5.21 mean?
SBC Exports (NSE:SBC) has a Graham Number of ₹5.21 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on SBC Exports and its competitors. This is 20% above median its historical median of 4.33. Over the past decade, SBC Exports' Graham Number has ranged from 0.32 to 8.65. According to the industry distribution chart, SBC Exports ranks #354 out of 366 companies in the Conglomerates industry, placing it in the top 96.7%.
Is SBC Exports' Graham Number too high?
SBC Exports' current Graham Number of ₹5.21 is 20% above median its 10-year median of 4.33. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 8.65. Based on the distribution chart, SBC Exports ranks #354 out of 366 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, SBC Exports has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SBC Exports' Graham Number compare to MMM and HON?
According to the Conglomerates industry distribution chart, SBC Exports ranks #354 out of 366 companies for Graham Number. This places SBC Exports in the lower half of its industry. The industry median Graham Number is 0.91. Historically, SBC Exports' own Graham Number has ranged from 0.32 to 8.65 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 Conglomerates company?
The median Graham Number among Conglomerates companies is 0.91, based on 366 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 SBC Exports and its competitors. For the Conglomerates industry, the median Graham Number is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBC Exports's current Graham Number is ₹5.21, which is 20% above median its own 10-year median of 4.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBC Exports stock overvalued right now?
Based on GuruFocus' analysis, SBC Exports (NSE:SBC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹28.79, compared to a current price of ₹38.60 — trading 34.1% above its estimated fair value. The current Graham Number is ₹5.21, which is 20% above median its 10-year median of 4.33. SBC Exports' overall GF Score™ is 82/100 with 6 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 SBC Exports (NSE:SBC), the current Graham Number is ₹5.21 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 SBC Exports (NSE:SBC) Overvalued in 2026?

Based on GuruFocus' analysis, SBC Exports stock appears to be overvalued. The current stock price of ₹38.60 is trading 34.1% above its estimated GF Value™ of ₹28.79. GuruFocus considers SBC Exports to be Significantly Overvalued.

Key valuation signals for NSE:SBC:

  • Graham Number: ₹5.21 (20% above median its 10-year median of 4.33)
  • GF Value™: ₹28.79 vs. price of ₹38.60 (34.1% above fair value)
  • GF Score™: 82/100 with 6 warning signs

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


SBC Exports Business Description

Other Exchanges 542725:India
Address 49/95 Site-IV Sahibabad Industrial Area, Ghaziabad, UP, IND, 201010
SBC Exports Ltd is engaged in the Trading of handmade carpets, cushion covers, cotton quilts, bedspreads, and others. To diversify the business, the group expanded business activities in Information Technology, Manpower Supply Services, and Tour and Travels Services. It also added services like IT Solutions, E-Governances Services, Web/Software Developments, Scanning and Digitization, System Integration, and others. Its segment comprises of Garment Manufacturing and Trading; IT and Manpower Supply; and Tour and Travelling Operator.
82GF Score

Get the complete analysis for NSE:SBC

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

₹38.60
Price
₹28.79
GF Value