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Ratio Energies LPRTEXF 79 Graham Number is $0.96 as of Mar. 2026, which is 9% below its 10-year median of 1.06. GuruFocus rates RTEXF with a GF Score™ of 79/100 and a GF Value™ of $0.22. The stock has 4 warning signs investors should review. Among 596 Oil & Gas companies, Ratio Energies LP ranks worse than 64.77% 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 (2026-08-10), the stock price of Ratio Energies LP is $0.35. Ratio Energies LP's graham number for the quarter that ended in Mar. 2026 was $0.96. Therefore, Ratio Energies LP's Price to Graham Number ratio for today is 0.37.
The historical rank and industry rank for Ratio Energies LP's Graham Number or its related term are showing as below:
RTEXF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.67 Med: 1.06 Max: 15.04
Current: 1.46
During the past 13 years, the highest Price to Graham Number ratio of Ratio Energies LP was 15.04. The lowest was 0.67. And the median was 1.06.
RTEXF's Price-to-Graham-Number is ranked worse than 64.77% of 596
companies
in the Oil & Gas industry
Industry Median: 1.05
vs RTEXF: 1.46
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Ratio Energies LP (OTCPK:RTEXF) 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.
Ratio Energies LP's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.35
/
0.96
=
0.37
* 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.
Ratio Energies LP Graham Number Related Terms
Ratio Energies LP Graham Number Historical Data
* Premium members only.
The historical data trend for Ratio Energies LP'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.
For the Oil & Gas E&P subindustry, Ratio Energies LP'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.
Ratio Energies LP Price-to-Graham-Number vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ratio Energies LP's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Ratio Energies LP'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.
Ratio Energies LP (RTEXF) has a Graham Number of $0.96 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Ratio Energies LP and its competitors. This is near median its historical median of 1.06. Over the past decade, Ratio Energies LP's Graham Number has ranged from 0.67 to 15.04. According to the industry distribution chart, Ratio Energies LP ranks #386 out of 596 companies in the Oil & Gas industry, placing it in the top 64.8%.
Is Ratio Energies LP's Graham Number too high?
Ratio Energies LP's current Graham Number of $0.96 is near median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 15.04. The Oil & Gas industry median Graham Number is 1.05. Ratio Energies LP's value of $0.96 is 8.6% below this industry median. Based on the distribution chart, Ratio Energies LP ranks #386 out of 596 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ratio Energies LP has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Ratio Energies LP's Graham Number compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Ratio Energies LP ranks #386 out of 596 companies for Graham Number. This places Ratio Energies LP in the lower half of its industry. The industry median Graham Number is 1.05. Ratio Energies LP's value of $0.96 is 8.6% below this benchmark. Historically, Ratio Energies LP's own Graham Number has ranged from 0.67 to 15.04 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.05, Ratio Energies LP has consistently been below 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 an Oil & Gas company?
The median Graham Number among Oil & Gas companies is 1.05, based on 596 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. Ratio Energies LP's current Graham Number of $0.96 is 8.6% below 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 Ratio Energies LP and its competitors. For the Oil & Gas industry, the median Graham Number is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratio Energies LP's current Graham Number is $0.96, which is near median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratio Energies LP stock overvalued right now?
Ratio Energies LP (RTEXF) has a current Graham Number of $0.96. The stock's GF Value™ is $0.22, compared to a current price of $0.35 — trading 59.1% above its estimated fair value. The current Graham Number is $0.96, which is near median its 10-year median of 1.06 and 8.6% below the Oil & Gas industry median of 1.05. Ratio Energies LP's overall GF Score™ is 79/100 with 4 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 Ratio Energies LP (RTEXF), the current Graham Number is $0.96 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 Ratio Energies LP (RTEXF) Overvalued in 2026?
Based on GuruFocus' analysis, Ratio Energies LP stock appears to be overvalued.
The current stock price of $0.35 is trading 59.1% above its estimated GF Value™ of $0.22.
Key valuation signals for RTEXF:
Graham Number: $0.96 (near median its 10-year median of 1.06)
GF Value™: $0.22 vs. price of $0.35 (59.1% above fair value)
Industry Position: 8.6% below the Oil & Gas median (#386 of 596)
No single metric tells the full story. See the RTEXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ratio Energies LP focuses on the engaged in exploration, development, and production of natural gas and condensate from the Leviathan reservoir in the area of the Leviathan South and Leviathan North.
79GF Score
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