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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 (2026-09-07), the stock price of Foroya Banki P/F is kr276.00. Foroya Banki P/F's graham number for the quarter that ended in Jun. 2026 was kr351.30. Therefore, Foroya Banki P/F's Price to Graham Number ratio for today is 0.79.
The historical rank and industry rank for Foroya Banki P/F's Graham Number or its related term are showing as below:
OCSE:FOBANK'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.29 Med: 0.46 Max: 0.81
Current: 0.79
During the past 13 years, the highest Price to Graham Number ratio of Foroya Banki P/F was 0.81. The lowest was 0.29. And the median was 0.46.
OCSE:FOBANK's Price-to-Graham-Number is ranked better than 55.31% of 1423
companies
in the Banks industry
Industry Median: 0.82
vs OCSE:FOBANK: 0.79
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Foroya Banki P/F (OCSE:FOBANK) 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.
Foroya Banki P/F's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
276.00
/
351.30
=
0.79
* 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.
Foroya Banki P/F Graham Number Related Terms
Foroya Banki P/F Graham Number Historical Data
* Premium members only.
The historical data trend for Foroya Banki P/F'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.
Foroya Banki P/F Graham Number Competitor Comparison
For the Banks - Regional subindustry, Foroya Banki P/F'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.
Foroya Banki P/F Price-to-Graham-Number vs Banks Industry
For the Banks industry and Financial Services sector, Foroya Banki P/F's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Foroya Banki P/F's Price-to-Graham-Number falls into.
* 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.
Foroya Banki P/F (OCSE:FOBANK) has a Graham Number of kr351.30 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Foroya Banki P/F and its competitors. According to the industry distribution chart, Foroya Banki P/F ranks #636 out of 1423 companies in the Banks industry, placing it in the top 44.7%.
Is Foroya Banki P/F's Graham Number too high?
Foroya Banki P/F's current Graham Number is kr351.30. Based on the distribution chart, Foroya Banki P/F ranks #636 out of 1423 companies in the Banks industry, which is above the industry midpoint. Overall, Foroya Banki P/F has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Foroya Banki P/F's Graham Number compare to competitors?
According to the Banks industry distribution chart, Foroya Banki P/F ranks #636 out of 1423 companies for Graham Number. This puts Foroya Banki P/F in the upper half of its industry. The industry median Graham Number is 0.82. 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 Banks company?
The median Graham Number among Banks companies is 0.82, based on 1,423 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 Foroya Banki P/F and its competitors. For the Banks industry, the median Graham Number is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foroya Banki P/F's current Graham Number is kr351.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foroya Banki P/F stock overvalued right now?
Based on GuruFocus' analysis, Foroya Banki P/F (OCSE:FOBANK) is currently considered Significantly Overvalued. The stock's GF Value™ is kr164.52, compared to a current price of kr276.00 — trading 67.8% above its estimated fair value. The current Graham Number is kr351.30. Foroya Banki P/F's overall GF Score™ is 30/100 with 5 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 Foroya Banki P/F (OCSE:FOBANK), the current Graham Number is kr351.30 as of Jun. 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 Foroya Banki P/F (OCSE:FOBANK) Overvalued in 2026?
Based on GuruFocus' analysis, Foroya Banki P/F stock appears to be overvalued.
The current stock price of kr276.00 is trading 67.8% above its estimated GF Value™ of kr164.52.
GuruFocus considers Foroya Banki P/F to be Significantly Overvalued.
Key valuation signals for OCSE:FOBANK:
Graham Number: kr351.30
GF Value™: kr164.52 vs. price of kr276.00 (67.8% above fair value)
No single metric tells the full story. See the OCSE:FOBANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Foroya Banki P/F is a banking company. It provides a range of banking products and financial services to private and corporate customers. Its business units include Banking and Non-life insurance. The Banking unit comprises of Personal Banking and Corporate Banking. Personal Banking comprises private customers in the Faroe Islands and Greenland. Corporate Banking comprises corporate customers mainly in the Faroe Islands and in Greenland. The corporate also comprises a few remaining corporate customers from Denmark. Non-life insurance comprises the insurance company P/F TRYGD based The Faroe Islands. TRYGD is responsible for the-life insurance products. It operates in the Faroe Islands, Denmark and Greenland of which key revenue is derived from the Faroe Islands.
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