SCRPF (Sembcorp Industries) Graham Number: $4.05 (As of Dec. 2025) — 376% Above Median


SCRPF Sembcorp Industries Ltd SCRPF
81 GF Score
Price $4.59
GF Value $4.08
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Sembcorp Industries Graham Number?

Sembcorp Industries SCRPF 81 Graham Number is $4.05 as of Dec. 2025, which is 376% above its 10-year median of 0.85. GuruFocus rates SCRPF with a GF Score™ of 81/100 and a GF Value™ of $4.08 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 416 Utilities - Regulated companies, Sembcorp Industries ranks better than 53.85% 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 Sembcorp Industries is $4.59. Sembcorp Industries's graham number for the quarter that ended in Dec. 2025 was $4.05. Therefore, Sembcorp Industries's Price to Graham Number ratio for today is 1.13.

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

SCRPF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.29   Med: 0.85   Max: 1.16
Current: 1.09

During the past 13 years, the highest Price to Graham Number ratio of Sembcorp Industries was 1.16. The lowest was 0.29. And the median was 0.85.

SCRPF's Price-to-Graham-Number is ranked better than
53.85% of 416 companies
in the Utilities - Regulated industry
Industry Median: 1.115 vs SCRPF: 1.09

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


Sembcorp Industries  (OTCPK:SCRPF) 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.

Sembcorp Industries's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=4.59/4.05
=1.13

* 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.


Sembcorp Industries Graham Number Related Terms


Sembcorp Industries Graham Number Historical Data

* Premium members only.

The historical data trend for Sembcorp Industries'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.

Sembcorp Industries Graham Number Chart

Sembcorp Industries 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 1.79 2.88 3.54 4.13 4.01

Sembcorp Industries Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.83 3.81 4.13 3.96 4.05

SCRPF vs SRE, AES: Graham Number Comparison

For the Utilities - Diversified subindustry, Sembcorp Industries'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.


Sembcorp Industries Price-to-Graham-Number vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sembcorp Industries's Price-to-Graham-Number distribution charts can be found below:

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


SCRPF
81GF Score
Sembcorp Industries Ltd SCRPF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sembcorp Industries Graham Number Calculation

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

Sembcorp Industries'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*2.001*0.357)
=4.01

Sembcorp Industries's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*2.001*0.364)
=4.05

* 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 $4.05 mean?
Sembcorp Industries (SCRPF) has a Graham Number of $4.05 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Sembcorp Industries and its competitors. This is 376% above median its historical median of 0.85. Over the past decade, Sembcorp Industries' Graham Number has ranged from 0.29 to 1.16. According to the industry distribution chart, Sembcorp Industries ranks #192 out of 416 companies in the Utilities - Regulated industry, placing it in the top 46.2%.
Is Sembcorp Industries' Graham Number too high?
Sembcorp Industries' current Graham Number of $4.05 is 376% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.16. The Utilities - Regulated industry median Graham Number is 1.12. Sembcorp Industries' value of $4.05 is 263.2% above this industry median. Based on the distribution chart, Sembcorp Industries ranks #192 out of 416 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Sembcorp Industries has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sembcorp Industries' Graham Number compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Sembcorp Industries ranks #192 out of 416 companies for Graham Number. This puts Sembcorp Industries in the upper half of its industry. The industry median Graham Number is 1.12. Sembcorp Industries' value of $4.05 is 263.2% above this benchmark. Historically, Sembcorp Industries' own Graham Number has ranged from 0.29 to 1.16 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.12, Sembcorp Industries 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 an Utilities - Regulated company?
The median Graham Number among Utilities - Regulated companies is 1.12, based on 416 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. Sembcorp Industries's current Graham Number of $4.05 is 263.2% 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 Sembcorp Industries and its competitors. For the Utilities - Regulated industry, the median Graham Number is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sembcorp Industries's current Graham Number is $4.05, which is 376% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sembcorp Industries stock overvalued right now?
Based on GuruFocus' analysis, Sembcorp Industries (SCRPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.08, compared to a current price of $4.59 — trading 12.5% above its estimated fair value. The current Graham Number is $4.05, which is 376% above median its 10-year median of 0.85 and 263.2% above the Utilities - Regulated industry median of 1.12. Sembcorp Industries' overall GF Score™ is 81/100 with 6 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 Sembcorp Industries (SCRPF), the current Graham Number is $4.05 as of Dec. 2025. 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 Sembcorp Industries (SCRPF) Overvalued in 2026?

Based on GuruFocus' analysis, Sembcorp Industries stock appears to be overvalued. The current stock price of $4.59 is trading 12.5% above its estimated GF Value™ of $4.08. GuruFocus considers Sembcorp Industries to be Modestly Overvalued.

Key valuation signals for SCRPF:

  • Graham Number: $4.05 (376% above median its 10-year median of 0.85)
  • GF Value™: $4.08 vs. price of $4.59 (12.5% above fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 263.2% above the Utilities - Regulated median (#192 of 416)

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


Sembcorp Industries Business Description

Other Exchanges U96:SingaporeSBOA:Germany
Address 30 Hill Street, Number 05-04, Singapore, SGP, 179360
Sembcorp Industries Ltd is an investment holding company engaged in the production and supply of utility services, and handling and storage of petroleum products and chemicals. Its business is divided into five segments: Gas and Related Services, Renewables, Integrated Urban Solutions, Decarbonisation Solutions, Other Businesses and Corporate. The company's service portfolio includes power generation, process steam production, wastewater treatment, integrated solutions for offshore and marine industries such as specialized shipbuilding, and repairs & upgrades, and among others. A vast majority of the company's income is generated by the energy segments, and the majority of the company's revenue is earned in Singapore.
81GF Score

Get the complete analysis for SCRPF

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

$4.59
Price
$4.08
GF Value