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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.
SHXWF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.29 Med: 0.42 Max: 0.7
Current: 0.47
During the past 13 years, the highest Price to Graham Number ratio of Xinhua Winshare Publishing & Media Co was 0.70. The lowest was 0.29. And the median was 0.42.
SHXWF's Price-to-Graham-Number is ranked better than 93.27% of 490
companies
in the Media - Diversified industry
Industry Median: 1.135
vs SHXWF: 0.47
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Xinhua Winshare Publishing & Media Co (OTCPK:SHXWF) 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.
Xinhua Winshare Publishing & Media Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
1.325
/
2.51
=
0.53
* 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.
Xinhua Winshare Publishing & Media Co Graham Number Related Terms
Xinhua Winshare Publishing & Media Co Graham Number Historical Data
* 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.
Xinhua Winshare Publishing & Media Co Graham Number Chart
For the Publishing subindustry, Xinhua Winshare Publishing & Media 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.
Xinhua Winshare Publishing & Media Co Price-to-Graham-Number vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Xinhua Winshare Publishing & Media Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Xinhua Winshare Publishing & Media 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.
Xinhua Winshare Publishing & Media Co (SHXWF) has a Graham Number of $2.51 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Xinhua Winshare Publishing & Media Co and its competitors. According to the industry distribution chart, Xinhua Winshare Publishing & Media Co ranks #33 out of 490 companies in the Media - Diversified industry, placing it in the top 6.7%.
Is Xinhua Winshare Publishing & Media Co's Graham Number too high?
Xinhua Winshare Publishing & Media Co's current Graham Number is $2.51. The Media - Diversified industry median Graham Number is 1.14. Xinhua Winshare Publishing & Media Co's value of $2.51 is 121.1% above this industry median. Based on the distribution chart, Xinhua Winshare Publishing & Media Co ranks #33 out of 490 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Xinhua Winshare Publishing & Media Co has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Xinhua Winshare Publishing & Media Co's Graham Number compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Xinhua Winshare Publishing & Media Co ranks #33 out of 490 companies for Graham Number. This places Xinhua Winshare Publishing & Media Co in the top 7% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.14. Xinhua Winshare Publishing & Media Co's value of $2.51 is 121.1% above this benchmark. 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 Media - Diversified company?
The median Graham Number among Media - Diversified companies is 1.14, based on 490 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. Xinhua Winshare Publishing & Media Co's current Graham Number of $2.51 is 121.1% 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 Xinhua Winshare Publishing & Media Co and its competitors. For the Media - Diversified industry, the median Graham Number is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinhua Winshare Publishing & Media Co's current Graham Number is $2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinhua Winshare Publishing & Media Co stock overvalued right now?
Xinhua Winshare Publishing & Media Co (SHXWF) has a current Graham Number of $2.51. The stock's GF Value™ is $1.54, compared to a current price of $1.33 — trading 14% below its estimated fair value. The current Graham Number is $2.51 and 121.1% above the Media - Diversified industry median of 1.14. Xinhua Winshare Publishing & Media Co's overall GF Score™ is 81/100 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 Xinhua Winshare Publishing & Media Co (SHXWF), the current Graham Number is $2.51 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 Xinhua Winshare Publishing & Media Co (SHXWF) Overvalued in 2026?
Based on GuruFocus' analysis, Xinhua Winshare Publishing & Media Co stock appears to be undervalued.
The current stock price of $1.33 is trading 14% below its estimated GF Value™ of $1.54.
Key valuation signals for SHXWF:
Graham Number: $2.51
GF Value™: $1.54 vs. price of $1.33 (14% below fair value)
Industry Position: 121.1% above the Media - Diversified median (#33 of 490)
No single metric tells the full story. See the SHXWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xinhua Winshare Publishing & Media Co Ltd are actually and mainly engaged in sales of books, newspapers, journals, electronic publications; wholesale of audio-visual products; manufacture of electronic publications and audio-visual products; production of audio tapes; video tapes; logistics; printing of publications, printed matters of package and decoration and other printed matters; plate-leased printing and supply of textbooks; investments in publications and asset management; leasing of properties; business services; wholesale and rental of goods; import and export business; and catering business. The operating businesses are divided into two reporting segments publication segment and the distribution segment of which majority of revenue comes from Publication segment.
81GF Score
Get the complete analysis for SHXWF
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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