Forum Pacific (PHS:FPI) Graham Number: ₱0.10 (As of Mar. 2026) — 95% Below Median


PHS:FPI Forum Pacific Inc PHS:FPI
25 GF Score
Price ₱0.33
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What is Forum Pacific Graham Number?

Forum Pacific PHS:FPI 25 Graham Number is ₱0.10 as of Mar. 2026, which is 100% below its 10-year median of 2.00. GuruFocus rates PHS:FPI with a GF Score™ of 25/100. Among 299 Diversified Financial Services companies, Forum Pacific ranks worse than 75.92% 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 (2026-07-04), the stock price of Forum Pacific is ₱0.325. Forum Pacific's graham number for the quarter that ended in Mar. 2026 was ₱0.10. Therefore, Forum Pacific's Price to Graham Number ratio for today is 3.28.

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

PHS:FPI' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.25   Med: 2   Max: 3.25
Current: 3.25

During the past 13 years, the highest Price to Graham Number ratio of Forum Pacific was 3.25. The lowest was 1.25. And the median was 2.00.

PHS:FPI's Price-to-Graham-Number is ranked worse than
75.92% of 299 companies
in the Diversified Financial Services industry
Industry Median: 1.84 vs PHS:FPI: 3.25

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


Forum Pacific  (PHS:FPI) 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.

Forum Pacific's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.325/0.10
=3.28

* 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.


Forum Pacific Graham Number Related Terms


Forum Pacific Graham Number Historical Data

* Premium members only.

The historical data trend for Forum Pacific'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.

Forum Pacific Graham Number Chart

Forum Pacific Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.11 0.11 0.00 0.12

Forum Pacific 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 0.00 0.00 0.00 0.10 0.10

PHS:FPI vs XXI, CCXI, DMII: Graham Number Comparison

For the Shell Companies subindustry, Forum Pacific'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.


Forum Pacific Price-to-Graham-Number vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Forum Pacific's Price-to-Graham-Number distribution charts can be found below:

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


PHS:FPI
25GF Score
Forum Pacific Inc PHS:FPI
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Forum Pacific Graham Number Calculation

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

Forum Pacific's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.219*0.003)
=0.12

Forum Pacific'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*0.218*0.002)
=0.10

* 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 ₱0.10 mean?
Forum Pacific (PHS:FPI) has a Graham Number of ₱0.10 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Forum Pacific and its competitors. This is 95% below median its historical median of 2.00. Over the past decade, Forum Pacific's Graham Number has ranged from 1.25 to 3.25. According to the industry distribution chart, Forum Pacific ranks #227 out of 299 companies in the Diversified Financial Services industry, placing it in the top 75.9%.
Is Forum Pacific's Graham Number too high?
Forum Pacific's current Graham Number of ₱0.10 is 95% below median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 3.25. Based on the distribution chart, Forum Pacific ranks #227 out of 299 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Forum Pacific has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Forum Pacific's Graham Number compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, Forum Pacific ranks #227 out of 299 companies for Graham Number. This places Forum Pacific in the lower half of its industry. The industry median Graham Number is 1.84. Historically, Forum Pacific's own Graham Number has ranged from 1.25 to 3.25 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 Diversified Financial Services company?
The median Graham Number among Diversified Financial Services companies is 1.84, based on 299 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 Forum Pacific and its competitors. For the Diversified Financial Services industry, the median Graham Number is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Pacific's current Graham Number is ₱0.10, which is 95% below median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Pacific stock overvalued right now?
Forum Pacific (PHS:FPI) has a current Graham Number of ₱0.10. The current Graham Number is ₱0.10, which is 95% below median its 10-year median of 2.00. Forum Pacific's overall GF Score™ is 25/100. 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 Forum Pacific (PHS:FPI), the current Graham Number is ₱0.10 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.

Forum Pacific Business Description

Address Dona Julia Vargas Avenue, 35th Floor, One Corporate Center, Corner Meralco Avenue, Ortigas Center, Pasig, PHL, 1605
Forum Pacific Inc is a Philippines-based company engaged in investing, purchasing, and acquiring assets of any kind and description with the secondary purpose of engaging in the exploration, development, and production of petroleum and related products, as well as other mineral and chemical substances.
25GF Score

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₱0.33
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