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BAIC Foton Motor CoSHSE:600166 -2.01%72 Graham Number is ¥2.26 as of Mar. 2026, which is 100% below its 10-year median of 2.08. GuruFocus rates SHSE:600166 with a GF Score™ of 72/100 and a GF Value™ of ¥3.36 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 985 Vehicles & Parts companies, BAIC Foton Motor Co ranks worse than 53.4% 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 (2026-08-16), the stock price of BAIC Foton Motor Co is ¥2.92. BAIC Foton Motor Co's graham number for the quarter that ended in Mar. 2026 was ¥2.26. Therefore, BAIC Foton Motor Co's Price to Graham Number ratio for today is 1.29.
The historical rank and industry rank for BAIC Foton Motor Co's Graham Number or its related term are showing as below:
SHSE:600166'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.29 Med: 2.08 Max: 7.03
Current: 1.29
During the past 13 years, the highest Price to Graham Number ratio of BAIC Foton Motor Co was 7.03. The lowest was 1.29. And the median was 2.08.
SHSE:600166's Price-to-Graham-Number is ranked worse than 53.4% of 985
companies
in the Vehicles & Parts industry
Industry Median: 1.19
vs SHSE:600166: 1.29
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
BAIC Foton Motor Co (SHSE:600166) 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.
BAIC Foton Motor Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
2.92
/
2.26
=
1.29
* 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.
BAIC Foton Motor Co Graham Number Related Terms
BAIC Foton Motor Co Graham Number Historical Data
* Premium members only.
The historical data trend for BAIC Foton Motor Co'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.
SHSE:600166 vs TSLA, GM, F: Graham Number Comparison
For the Auto Manufacturers subindustry, BAIC Foton Motor Co'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.
BAIC Foton Motor Co Price-to-Graham-Number vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, BAIC Foton Motor Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where BAIC Foton Motor Co'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.
BAIC Foton Motor Co (SHSE:600166) has a Graham Number of ¥2.26 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on BAIC Foton Motor Co and its competitors. This is near median its historical median of 2.08. Over the past decade, BAIC Foton Motor Co's Graham Number has ranged from 1.29 to 7.03. According to the industry distribution chart, BAIC Foton Motor Co ranks #526 out of 985 companies in the Vehicles & Parts industry, placing it in the top 53.4%.
Is BAIC Foton Motor Co's Graham Number too high?
BAIC Foton Motor Co's current Graham Number of ¥2.26 is near median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 7.03. Based on the distribution chart, BAIC Foton Motor Co ranks #526 out of 985 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, BAIC Foton Motor Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BAIC Foton Motor Co's Graham Number compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, BAIC Foton Motor Co ranks #526 out of 985 companies for Graham Number. This places BAIC Foton Motor Co in the lower half of its industry. The industry median Graham Number is 1.19. Historically, BAIC Foton Motor Co's own Graham Number has ranged from 1.29 to 7.03 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 Vehicles & Parts company?
The median Graham Number among Vehicles & Parts companies is 1.19, based on 985 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 BAIC Foton Motor Co and its competitors. For the Vehicles & Parts industry, the median Graham Number is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BAIC Foton Motor Co's current Graham Number is ¥2.26, which is near median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BAIC Foton Motor Co stock overvalued right now?
Based on GuruFocus' analysis, BAIC Foton Motor Co (SHSE:600166) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.36, compared to a current price of ¥2.92 — trading 13.1% below its estimated fair value. The current Graham Number is ¥2.26, which is near median its 10-year median of 2.08. BAIC Foton Motor Co's overall GF Score™ is 72/100 with 5 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 BAIC Foton Motor Co (SHSE:600166), the current Graham Number is ¥2.26 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 BAIC Foton Motor Co (SHSE:600166) Overvalued in 2026?
Based on GuruFocus' analysis, BAIC Foton Motor Co stock appears to be undervalued.
The current stock price of ¥2.92 is trading 13.1% below its estimated GF Value™ of ¥3.36.
GuruFocus considers BAIC Foton Motor Co to be Modestly Undervalued.
Key valuation signals for SHSE:600166:
Graham Number: ¥2.26 (near median its 10-year median of 2.08)
GF Value™: ¥3.36 vs. price of ¥2.92 (13.1% below fair value)
No single metric tells the full story. See the SHSE:600166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BAIC Foton Motor Co Ltd, formerly known as Beiqi Foton Motor Co Ltd, is a China-based company engages in the manufacture and sale of automobiles. Its products include medium and heavy-duty trucks, light-duty trucks, such as tractors, dumpers, and flatbeds as well as vans, pickups, buses, and construction machinery vehicles. The company also offers Total Care, a care service to authorized dealers; and warranty services. It mainly sells its products under the name of AUMAN, AUV, and OLLIN.
72GF Score
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