OCGPF (Oceana Group) Graham Number: $3.03 (As of Mar. 2026) — 59% Above Median


OCGPF Oceana Group Ltd OCGPF
78 GF Score
Price $3.00
GF Value $2.79
! 10 Warning Signs
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What is Oceana Group Graham Number?

Oceana Group OCGPF 78 Graham Number is $3.03 as of Mar. 2026, which is 59% above its 10-year median of 1.90. GuruFocus rates OCGPF with a GF Score™ of 78/100 and a GF Value™ of $2.79. The stock has 10 warning signs investors should review. Among 1,381 Consumer Packaged Goods companies, Oceana Group ranks worse than 63% 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 (2026-07-11), the stock price of Oceana Group is $3.00. Oceana Group's graham number for the quarter that ended in Mar. 2026 was $3.03. Therefore, Oceana Group's Price to Graham Number ratio for today is 0.99.

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

OCGPF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.03   Med: 1.9   Max: 25.61
Current: 1.37

During the past 13 years, the highest Price to Graham Number ratio of Oceana Group was 25.61. The lowest was 1.03. And the median was 1.90.

OCGPF's Price-to-Graham-Number is ranked worse than
63% of 1381 companies
in the Consumer Packaged Goods industry
Industry Median: 1.09 vs OCGPF: 1.37

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


Oceana Group  (OTCPK:OCGPF) 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.

Oceana Group's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=3.00/3.03
=0.99

* 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.


Oceana Group Graham Number Related Terms


Oceana Group Graham Number Historical Data

* Premium members only.

The historical data trend for Oceana Group'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.

Oceana Group Graham Number Chart

Oceana Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 1.90 2.68 3.31 2.73

Oceana Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 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 3.36 3.24 2.83 2.72 3.03

OCGPF vs KHC, GIS, HRL: Graham Number Comparison

For the Packaged Foods subindustry, Oceana Group'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.


Oceana Group Price-to-Graham-Number vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oceana Group's Price-to-Graham-Number distribution charts can be found below:

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


OCGPF
78GF Score
Oceana Group Ltd OCGPF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Oceana Group Graham Number Calculation

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

Oceana Group's Graham Number for the fiscal year that ended in Sep. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.024*0.324)
=2.73

Oceana Group'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*1.161*0.352)
=3.03

* 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 $3.03 mean?
Oceana Group (OCGPF) has a Graham Number of $3.03 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Oceana Group and its competitors. This is 59% above median its historical median of 1.90. Over the past decade, Oceana Group's Graham Number has ranged from 1.03 to 25.61. According to the industry distribution chart, Oceana Group ranks #870 out of 1381 companies in the Consumer Packaged Goods industry, placing it in the top 63%.
Is Oceana Group's Graham Number too high?
Oceana Group's current Graham Number of $3.03 is 59% above median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 25.61. The Consumer Packaged Goods industry median Graham Number is 1.09. Oceana Group's value of $3.03 is 178% above this industry median. Based on the distribution chart, Oceana Group ranks #870 out of 1381 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Oceana Group has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Oceana Group's Graham Number compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Oceana Group ranks #870 out of 1381 companies for Graham Number. This places Oceana Group in the lower half of its industry. The industry median Graham Number is 1.09. Oceana Group's value of $3.03 is 178% above this benchmark. Historically, Oceana Group's own Graham Number has ranged from 1.03 to 25.61 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 1.09, Oceana Group has consistently been above the industry average. 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 Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.09, based on 1,381 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. Oceana Group's current Graham Number of $3.03 is 178% above the industry median. 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 Oceana Group and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceana Group's current Graham Number is $3.03, which is 59% above median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceana Group stock overvalued right now?
Oceana Group (OCGPF) has a current Graham Number of $3.03. The stock's GF Value™ is $2.79, compared to a current price of $3.00 — trading 7.5% above its estimated fair value. The current Graham Number is $3.03, which is 59% above median its 10-year median of 1.90 and 178% above the Consumer Packaged Goods industry median of 1.09. Oceana Group's overall GF Score™ is 78/100 with 10 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 Oceana Group (OCGPF), the current Graham Number is $3.03 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 Oceana Group (OCGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Oceana Group stock appears to be overvalued. The current stock price of $3.00 is trading 7.5% above its estimated GF Value™ of $2.79.

Key valuation signals for OCGPF:

  • Graham Number: $3.03 (59% above median its 10-year median of 1.90)
  • GF Value™: $2.79 vs. price of $3.00 (7.5% above fair value)
  • GF Score™: 78/100 with 10 warning signs
  • Industry Position: 178% above the Consumer Packaged Goods median (#870 of 1381)

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


Oceana Group Business Description

Other Exchanges OCE:South AfricaOCG:Namibia
Address 25 Jan Smuts Street, 9th Floor, Oceana House, Foreshore, Cape Town, WC, ZAF, 8001
Oceana Group Ltd is a diversified, international fish and food company engaged in the responsible catching, procuring, processing, marketing and distribution of fish and food products. Its products and services include canned fish (notably pilchards), other canned foods such as tuna, sardines and canned meats, fishmeal and fish oil for the aquaculture, animal feed and pet food industries, as well as wild-caught seafood including horse mackerel, hake, squid and lobster. The Group operates through three main segments: Lucky Star Foods, Fishmeal and Fish Oil, and Wild Caught Seafood, with the majority of its revenue generated from the Lucky Star Foods segment. Geographically, the Group operates in South Africa, Namibia, other parts of Africa, Europe, the Americas and the Far East.
78GF Score

Get the complete analysis for OCGPF

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

$3.00
Price
$2.79
GF Value