Towngas Smart Energy CoTGASF -15.69%52 Graham Number is $0.84 as of Dec. 2025, which is at its 10-year median of 0.84. GuruFocus rates TGASF with a GF Score™ of 52/100 and a GF Value™ of $0.42 (Fairly Valued). The stock has 6 warning signs investors should review. Among 416 Utilities - Regulated companies, Towngas Smart Energy Co ranks better than 87.26% 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.
The historical rank and industry rank for Towngas Smart Energy Co's Graham Number or its related term are showing as below:
TGASF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.47 Med: 0.84 Max: 2.17
Current: 0.48
During the past 13 years, the highest Price to Graham Number ratio of Towngas Smart Energy Co was 2.17. The lowest was 0.47. And the median was 0.84.
TGASF's Price-to-Graham-Number is ranked better than 87.26% of 416
companies
in the Utilities - Regulated industry
Industry Median: 1.115
vs TGASF: 0.48
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Towngas Smart Energy Co (OTCPK:TGASF) 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.
Towngas Smart Energy Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
0.4289
/
0.84
=
0.51
* 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.
Towngas Smart Energy Co Graham Number Related Terms
Towngas Smart Energy 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.
For the Utilities - Regulated Gas subindustry, Towngas Smart Energy 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.
Towngas Smart Energy Co Price-to-Graham-Number vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Towngas Smart Energy Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Towngas Smart Energy 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.
Towngas Smart Energy Co (TGASF) has a Graham Number of $0.84 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Towngas Smart Energy Co and its competitors. This is near median its historical median of 0.84. Over the past decade, Towngas Smart Energy Co's Graham Number has ranged from 0.47 to 2.17. According to the industry distribution chart, Towngas Smart Energy Co ranks #53 out of 416 companies in the Utilities - Regulated industry, placing it in the top 12.7%.
Is Towngas Smart Energy Co's Graham Number too high?
Towngas Smart Energy Co's current Graham Number of $0.84 is near median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.17. The Utilities - Regulated industry median Graham Number is 1.12. Towngas Smart Energy Co's value of $0.84 is 24.7% below this industry median. Based on the distribution chart, Towngas Smart Energy Co ranks #53 out of 416 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Towngas Smart Energy Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Towngas Smart Energy Co's Graham Number compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Towngas Smart Energy Co ranks #53 out of 416 companies for Graham Number. This places Towngas Smart Energy Co in the top 13% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.12. Towngas Smart Energy Co's value of $0.84 is 24.7% below this benchmark. Historically, Towngas Smart Energy Co's own Graham Number has ranged from 0.47 to 2.17 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.12, Towngas Smart Energy Co has consistently been below 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. Towngas Smart Energy Co's current Graham Number of $0.84 is 24.7% below 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 Towngas Smart Energy Co 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. Towngas Smart Energy Co's current Graham Number is $0.84, which is near median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Towngas Smart Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Towngas Smart Energy Co (TGASF) is currently considered Fairly Valued. The stock's GF Value™ is $0.42, compared to a current price of $0.43 — trading 2.1% above its estimated fair value. The current Graham Number is $0.84, which is near median its 10-year median of 0.84 and 24.7% below the Utilities - Regulated industry median of 1.12. Towngas Smart Energy Co's overall GF Score™ is 52/100 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 Towngas Smart Energy Co (TGASF), the current Graham Number is $0.84 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 Towngas Smart Energy Co (TGASF) Overvalued in 2026?
Based on GuruFocus' analysis, Towngas Smart Energy Co stock appears to be overvalued.
The current stock price of $0.43 is trading 2.1% above its estimated GF Value™ of $0.42.
GuruFocus considers Towngas Smart Energy Co to be Fairly Valued.
Key valuation signals for TGASF:
Graham Number: $0.84 (near median its 10-year median of 0.84)
GF Value™: $0.42 vs. price of $0.43 (2.1% above fair value)
Industry Position: 24.7% below the Utilities - Regulated median (#53 of 416)
No single metric tells the full story. See the TGASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Towngas Smart Energy Co Ltd is an investment holding company engaged in the sales of piped gas, renewable energy, and other types of energy, the construction of gas pipelines, the sale of gas appliances and related products, and other value-added services in the People's Republic of China. The operating segment of the company are Gas business and Renewable energy business. The Renewable energy business is engaged in Sales of renewable energy (mainly photovoltaic power) and other related energy and services and the Gas business is further categorized in Sales of piped gas, Gas connection, Gas-related products and services. The company derives maximum revenue from the Sales of piped gas and other gas-related energy. All of the Group' s revenue is generated in the PRC.
52GF Score
Get the complete analysis for TGASF
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