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JSC Amber Latvijas BalzamsORSE:BAL1R 83 Graham Number is €3.69 as of Mar. 2026, which is 100% below its 10-year median of 0.47. GuruFocus rates ORSE:BAL1R with a GF Score™ of 83/100 and a GF Value™ of €6.29 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 134 Beverages - Alcoholic companies, JSC Amber Latvijas Balzams ranks better than 96.27% 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.
The historical rank and industry rank for JSC Amber Latvijas Balzams's Graham Number or its related term are showing as below:
ORSE:BAL1R'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.34 Med: 0.47 Max: 2.09
Current: 0.38
During the past 13 years, the highest Price to Graham Number ratio of JSC Amber Latvijas Balzams was 2.09. The lowest was 0.34. And the median was 0.47.
ORSE:BAL1R's Price-to-Graham-Number is ranked better than 96.27% of 134
companies
in the Beverages - Alcoholic industry
Industry Median: 1.42
vs ORSE:BAL1R: 0.38
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
JSC Amber Latvijas Balzams (ORSE:BAL1R) 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.
JSC Amber Latvijas Balzams's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
1.405
/
3.69
=
0.38
* 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.
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.
JSC Amber Latvijas Balzams Graham Number Related Terms
JSC Amber Latvijas Balzams Graham Number Historical Data
* 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.
For the Beverages - Wineries & Distilleries subindustry, JSC Amber Latvijas Balzams'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.
JSC Amber Latvijas Balzams Price-to-Graham-Number vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, JSC Amber Latvijas Balzams's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where JSC Amber Latvijas Balzams'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.
JSC Amber Latvijas Balzams (ORSE:BAL1R) has a Graham Number of €3.69 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on JSC Amber Latvijas Balzams and its competitors. This is 685% above median its historical median of 0.47. Over the past decade, JSC Amber Latvijas Balzams' Graham Number has ranged from 0.34 to 2.09. According to the industry distribution chart, JSC Amber Latvijas Balzams ranks #5 out of 134 companies in the Beverages - Alcoholic industry, placing it in the top 3.7%.
Is JSC Amber Latvijas Balzams' Graham Number too high?
JSC Amber Latvijas Balzams' current Graham Number of €3.69 is 685% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 2.09. Based on the distribution chart, JSC Amber Latvijas Balzams ranks #5 out of 134 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, JSC Amber Latvijas Balzams has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JSC Amber Latvijas Balzams' Graham Number compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, JSC Amber Latvijas Balzams ranks #5 out of 134 companies for Graham Number. This places JSC Amber Latvijas Balzams in the top 4% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.42. Historically, JSC Amber Latvijas Balzams' own Graham Number has ranged from 0.34 to 2.09 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 Beverages - Alcoholic company?
The median Graham Number among Beverages - Alcoholic companies is 1.42, based on 134 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 JSC Amber Latvijas Balzams and its competitors. For the Beverages - Alcoholic industry, the median Graham Number is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSC Amber Latvijas Balzams's current Graham Number is €3.69, which is 685% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSC Amber Latvijas Balzams stock overvalued right now?
Based on GuruFocus' analysis, JSC Amber Latvijas Balzams (ORSE:BAL1R) is currently considered Significantly Undervalued. The stock's GF Value™ is €6.29, compared to a current price of €1.41 — trading 77.7% below its estimated fair value. The current Graham Number is €3.69, which is 685% above median its 10-year median of 0.47. JSC Amber Latvijas Balzams' overall GF Score™ is 83/100 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 JSC Amber Latvijas Balzams (ORSE:BAL1R), the current Graham Number is €3.69 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 JSC Amber Latvijas Balzams (ORSE:BAL1R) Overvalued in 2026?
Based on GuruFocus' analysis, JSC Amber Latvijas Balzams stock appears to be undervalued.
The current stock price of €1.41 is trading 77.7% below its estimated GF Value™ of €6.29.
GuruFocus considers JSC Amber Latvijas Balzams to be Significantly Undervalued.
Key valuation signals for ORSE:BAL1R:
Graham Number: €3.69 (685% above median its 10-year median of 0.47)
GF Value™: €6.29 vs. price of €1.41 (77.7% below fair value)
No single metric tells the full story. See the ORSE:BAL1R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSC Amber Latvijas Balzams is a producer of alcoholic beverages in Latvia. The company is mainly engaged in the production of alcoholic beverages. The company produces various types of alcoholic beverages, such as sparkling wines, fortified wines, ciders, alcopops, vodka, liqueurs, brandy, alcoholic beverages, gin, etc. It generates revenue from the Production of alcoholic beverages, Sales of other goods and materials, and other services. The company's brands include Stoli, elit, Moskovskaya, Riga Black Vodka, Bonaparte, Moka, Svetskoje, and others. Geographically, it derives the majority revenue from Cyprus and also has a presence in Latvia, Lithuania, Russia, Estonia, Romania, and other regions.
83GF Score
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