SLOFF (Solstad Offshore ASA) Graham Number: $11.94 (As of Dec. 2025) — 2196% Above Median


SLOFF Solstad Offshore ASA SLOFF
60 GF Score
Price $3.09
GF Value $1.36
! 3 Warning Signs
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What is Solstad Offshore ASA Graham Number?

Solstad Offshore ASA SLOFF +104.64% 60 Graham Number is $11.94 as of Dec. 2025, which is 2196% above its 10-year median of 0.52. GuruFocus rates SLOFF with a GF Score™ of 60/100 and a GF Value™ of $1.36. The stock has 3 warning signs investors should review. Among 742 Transportation companies, Solstad Offshore ASA ranks better than 86.66% 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 (2026-07-06), the stock price of Solstad Offshore ASA is $3.09. Solstad Offshore ASA's graham number for the quarter that ended in Dec. 2025 was $11.94. Therefore, Solstad Offshore ASA's Price to Graham Number ratio for today is 0.26.

The historical rank and industry rank for Solstad Offshore ASA's Graham Number or its related term are showing as below:

SLOFF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.36   Med: 0.52   Max: 1.87
Current: 0.47

During the past 13 years, the highest Price to Graham Number ratio of Solstad Offshore ASA was 1.87. The lowest was 0.36. And the median was 0.52.

SLOFF's Price-to-Graham-Number is ranked better than
86.66% of 742 companies
in the Transportation industry
Industry Median: 1.02 vs SLOFF: 0.47

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


Solstad Offshore ASA  (OTCPK:SLOFF) 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.

Solstad Offshore ASA's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=3.09/11.94
=0.26

* 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.


Solstad Offshore ASA Graham Number Related Terms


Solstad Offshore ASA Graham Number Historical Data

* Premium members only.

The historical data trend for Solstad Offshore ASA'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.

Solstad Offshore ASA Graham Number Chart

Solstad Offshore ASA 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 0.00 0.00 1.88 6.89 11.94

Solstad Offshore ASA 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 1.87 5.10 6.89 8.43 11.94

Solstad Offshore ASA Graham Number Competitor Comparison

For the Marine Shipping subindustry, Solstad Offshore ASA'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.


Solstad Offshore ASA Price-to-Graham-Number vs Transportation Industry

For the Transportation industry and Industrials sector, Solstad Offshore ASA's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Solstad Offshore ASA's Price-to-Graham-Number falls into.


SLOFF
60GF Score
Solstad Offshore ASA SLOFF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solstad Offshore ASA Graham Number Calculation

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

Solstad Offshore ASA'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*3.846*1.648)
=11.94

Solstad Offshore ASA'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*3.846*1.648)
=11.94

* 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 $11.94 mean?
Solstad Offshore ASA (SLOFF) has a Graham Number of $11.94 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Solstad Offshore ASA and its competitors. This is 2196% above median its historical median of 0.52. Over the past decade, Solstad Offshore ASA's Graham Number has ranged from 0.36 to 1.87. According to the industry distribution chart, Solstad Offshore ASA ranks #99 out of 742 companies in the Transportation industry, placing it in the top 13.3%.
Is Solstad Offshore ASA's Graham Number too high?
Solstad Offshore ASA's current Graham Number of $11.94 is 2196% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.87. The Transportation industry median Graham Number is 1.02. Solstad Offshore ASA's value of $11.94 is 1070.6% above this industry median. Based on the distribution chart, Solstad Offshore ASA ranks #99 out of 742 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Solstad Offshore ASA has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Solstad Offshore ASA's Graham Number compare to competitors?
According to the Transportation industry distribution chart, Solstad Offshore ASA ranks #99 out of 742 companies for Graham Number. This places Solstad Offshore ASA in the top 13% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.02. Solstad Offshore ASA's value of $11.94 is 1070.6% above this benchmark. Historically, Solstad Offshore ASA's own Graham Number has ranged from 0.36 to 1.87 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.02, Solstad Offshore ASA 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 Transportation company?
The median Graham Number among Transportation companies is 1.02, based on 742 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. Solstad Offshore ASA's current Graham Number of $11.94 is 1070.6% 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 Solstad Offshore ASA and its competitors. For the Transportation industry, the median Graham Number is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solstad Offshore ASA's current Graham Number is $11.94, which is 2196% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solstad Offshore ASA stock overvalued right now?
Solstad Offshore ASA (SLOFF) has a current Graham Number of $11.94. The stock's GF Value™ is $1.36, compared to a current price of $3.09 — trading 127.2% above its estimated fair value. The current Graham Number is $11.94, which is 2196% above median its 10-year median of 0.52 and 1070.6% above the Transportation industry median of 1.02. Solstad Offshore ASA's overall GF Score™ is 60/100 with 3 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 Solstad Offshore ASA (SLOFF), the current Graham Number is $11.94 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 Solstad Offshore ASA (SLOFF) Overvalued in 2026?

Based on GuruFocus' analysis, Solstad Offshore ASA stock appears to be overvalued. The current stock price of $3.09 is trading 127.2% above its estimated GF Value™ of $1.36.

Key valuation signals for SLOFF:

  • Graham Number: $11.94 (2196% above median its 10-year median of 0.52)
  • GF Value™: $1.36 vs. price of $3.09 (127.2% above fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 1070.6% above the Transportation median (#99 of 742)

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


Solstad Offshore ASA Business Description

Address Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Offshore ASA is an owner and operator of offshore service vessels, offering maritime services to the petroleum and renewable energy industries. Its operating segments include AHTS: Anchor handling tug supply vessels; and CSV: Construction service vessels operating subsea construction contracts. Key revenue is generated from South America.
60GF Score

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

$3.09
Price
$1.36
GF Value