SHKLF (Sinotruk (Hong Kong)) Graham Number: $4.02 (As of Dec. 2025) — 451% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHKLF Sinotruk (Hong Kong) Ltd SHKLF
82 GF Score
Price $3.38
GF Value $2.40
! 4 Warning Signs
View Full Analysis

What is Sinotruk (Hong Kong) Graham Number?

Sinotruk (Hong Kong) SHKLF 82 Graham Number is $4.02 as of Dec. 2025, which is 451% above its 10-year median of 0.73. GuruFocus rates SHKLF with a GF Score™ of 82/100 and a GF Value™ of $2.40. The stock has 4 warning signs investors should review. Among 162 Farm & Heavy Construction Machinery companies, Sinotruk (Hong Kong) ranks worse than 57.41% 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 (2026-07-31), the stock price of Sinotruk (Hong Kong) is $3.38. Sinotruk (Hong Kong)'s graham number for the quarter that ended in Dec. 2025 was $4.02. Therefore, Sinotruk (Hong Kong)'s Price to Graham Number ratio for today is 0.84.

The historical rank and industry rank for Sinotruk (Hong Kong)'s Graham Number or its related term are showing as below:

SHKLF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.51   Med: 0.73   Max: 1.3
Current: 1.3

During the past 13 years, the highest Price to Graham Number ratio of Sinotruk (Hong Kong) was 1.30. The lowest was 0.51. And the median was 0.73.

SHKLF's Price-to-Graham-Number is ranked worse than
57.41% of 162 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.21 vs SHKLF: 1.30

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


Sinotruk (Hong Kong)  (OTCPK:SHKLF) 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.

Sinotruk (Hong Kong)'s Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=3.38/4.02
=0.84

* 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.


Sinotruk (Hong Kong) Graham Number Related Terms


Sinotruk (Hong Kong) Graham Number Historical Data

* Premium members only.

The historical data trend for Sinotruk (Hong Kong)'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.

Sinotruk (Hong Kong) Graham Number Chart

Sinotruk (Hong Kong) 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 3.03 1.84 3.30 3.43 4.04

Sinotruk (Hong Kong) 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 3.29 3.62 3.43 3.71 4.02

SHKLF vs CAT, DE, PCAR: Graham Number Comparison

For the Farm & Heavy Construction Machinery subindustry, Sinotruk (Hong Kong)'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.


Sinotruk (Hong Kong) Price-to-Graham-Number vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sinotruk (Hong Kong)'s Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Sinotruk (Hong Kong)'s Price-to-Graham-Number falls into.


SHKLF
82GF Score
Sinotruk (Hong Kong) Ltd SHKLF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinotruk (Hong Kong) Graham Number Calculation

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

Sinotruk (Hong Kong)'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*2.19*0.332)
=4.04

Sinotruk (Hong Kong)'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*2.19*0.328)
=4.02

* 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 $4.02 mean?
Sinotruk (Hong Kong) (SHKLF) has a Graham Number of $4.02 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Sinotruk (Hong Kong) and its competitors. This is 451% above median its historical median of 0.73. Over the past decade, Sinotruk (Hong Kong)'s Graham Number has ranged from 0.51 to 1.30. According to the industry distribution chart, Sinotruk (Hong Kong) ranks #93 out of 162 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 57.4%.
Is Sinotruk (Hong Kong)'s Graham Number too high?
Sinotruk (Hong Kong)'s current Graham Number of $4.02 is 451% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.30. The Farm & Heavy Construction Machinery industry median Graham Number is 1.21. Sinotruk (Hong Kong)'s value of $4.02 is 232.2% above this industry median. Based on the distribution chart, Sinotruk (Hong Kong) ranks #93 out of 162 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Sinotruk (Hong Kong) has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Sinotruk (Hong Kong)'s Graham Number compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Sinotruk (Hong Kong) ranks #93 out of 162 companies for Graham Number. This places Sinotruk (Hong Kong) in the lower half of its industry. The industry median Graham Number is 1.21. Sinotruk (Hong Kong)'s value of $4.02 is 232.2% above this benchmark. Historically, Sinotruk (Hong Kong)'s own Graham Number has ranged from 0.51 to 1.30 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.21, Sinotruk (Hong Kong) 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 a Farm & Heavy Construction Machinery company?
The median Graham Number among Farm & Heavy Construction Machinery companies is 1.21, based on 162 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. Sinotruk (Hong Kong)'s current Graham Number of $4.02 is 232.2% 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 Sinotruk (Hong Kong) and its competitors. For the Farm & Heavy Construction Machinery industry, the median Graham Number is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinotruk (Hong Kong)'s current Graham Number is $4.02, which is 451% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinotruk (Hong Kong) stock overvalued right now?
Sinotruk (Hong Kong) (SHKLF) has a current Graham Number of $4.02. The stock's GF Value™ is $2.40, compared to a current price of $3.38 — trading 40.8% above its estimated fair value. The current Graham Number is $4.02, which is 451% above median its 10-year median of 0.73 and 232.2% above the Farm & Heavy Construction Machinery industry median of 1.21. Sinotruk (Hong Kong)'s overall GF Score™ is 82/100 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 Sinotruk (Hong Kong) (SHKLF), the current Graham Number is $4.02 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 Sinotruk (Hong Kong) (SHKLF) Overvalued in 2026?

Based on GuruFocus' analysis, Sinotruk (Hong Kong) stock appears to be overvalued. The current stock price of $3.38 is trading 40.8% above its estimated GF Value™ of $2.40.

Key valuation signals for SHKLF:

  • Graham Number: $4.02 (451% above median its 10-year median of 0.73)
  • GF Value™: $2.40 vs. price of $3.38 (40.8% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 232.2% above the Farm & Heavy Construction Machinery median (#93 of 162)

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


Sinotruk (Hong Kong) Business Description

Other Exchanges 03808:Hong Kong4SK:Germany
Address No. 777 Hua’ao Road, Sinotruk Tower, Innovation Zone, Gaoxin District, Shandong Province, Ji’nan, CHN, 250101
Sinotruk (Hong Kong) Ltd is an investment holding company. The company manages its business in three segments: Heavy Duty Trucks, which includes the manufacture and sale of heavy-duty trucks, medium-heavy duty trucks, and related components; Light Duty Trucks & Others, which manufactures and sells light-duty trucks, buses, etc., and related components; and Finance, which includes the provision of auto financing services to the public. The vast majority of its revenue comes from the Heavy-duty trucks segment. Its geographical segments are Mainland China and Overseas.
82GF Score

Get the complete analysis for SHKLF

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

$3.38
Price
$2.40
GF Value