abrdn Asia-Pacificome Fund VCC (TSX:FAP) Graham Number: C$2.38 (As of Apr. 2026) — 333% Above Median

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TSX:FAP abrdn Asia-Pacific Income Fund VCC TSX:FAP
33 GF Score
Price C$2.68
GF Value C$1.16
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is abrdn Asia-Pacificome Fund VCC Graham Number?

abrdn Asia-Pacificome Fund VCC TSX:FAP -0.37% 33 Graham Number is C$2.38 as of Apr. 2026, which is 100% below its 10-year median of 0.55. GuruFocus rates TSX:FAP with a GF Score™ of 33/100 and a GF Value™ of C$1.16 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,171 Asset Management companies, abrdn Asia-Pacificome Fund VCC ranks worse than 72.33% 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 (2026-07-15), the stock price of abrdn Asia-Pacificome Fund VCC is C$2.68. abrdn Asia-Pacificome Fund VCC's graham number for the quarter that ended in Apr. 2026 was C$2.38. Therefore, abrdn Asia-Pacificome Fund VCC's Price to Graham Number ratio for today is 1.13.

The historical rank and industry rank for abrdn Asia-Pacificome Fund VCC's Graham Number or its related term are showing as below:

TSX:FAP' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.42   Med: 0.55   Max: 2.66
Current: 1.13

During the past 13 years, the highest Price to Graham Number ratio of abrdn Asia-Pacificome Fund VCC was 2.66. The lowest was 0.42. And the median was 0.55.

TSX:FAP's Price-to-Graham-Number is ranked worse than
72.33% of 1171 companies
in the Asset Management industry
Industry Median: 0.71 vs TSX:FAP: 1.13

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


abrdn Asia-Pacificome Fund VCC  (TSX:FAP) 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.

abrdn Asia-Pacificome Fund VCC's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Apr. 2026 )
=2.68/2.38
=1.13

* 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.


abrdn Asia-Pacificome Fund VCC Graham Number Related Terms


abrdn Asia-Pacificome Fund VCC Graham Number Historical Data

* Premium members only.

The historical data trend for abrdn Asia-Pacificome Fund VCC'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.

abrdn Asia-Pacificome Fund VCC Graham Number Chart

abrdn Asia-Pacificome Fund VCC Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 5.77 5.39 3.34

abrdn Asia-Pacificome Fund VCC Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 4.66 5.38 3.13 3.34 2.38

TSX:FAP vs BLK, BX, KKR: Graham Number Comparison

For the Asset Management subindustry, abrdn Asia-Pacificome Fund VCC'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.


abrdn Asia-Pacificome Fund VCC Price-to-Graham-Number vs Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Asia-Pacificome Fund VCC's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where abrdn Asia-Pacificome Fund VCC's Price-to-Graham-Number falls into.


TSX:FAP
33GF Score
abrdn Asia-Pacific Income Fund VCC TSX:FAP
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

abrdn Asia-Pacificome Fund VCC Graham Number Calculation

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

abrdn Asia-Pacificome Fund VCC's Graham Number for the fiscal year that ended in Oct. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*3.203*0.155)
=3.34

abrdn Asia-Pacificome Fund VCC's Graham Number for the quarter that ended in Apr. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*2.991*0.084)
=2.38

* 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 C$2.38 mean?
abrdn Asia-Pacificome Fund VCC (TSX:FAP) has a Graham Number of C$2.38 as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on abrdn Asia-Pacificome Fund VCC and its competitors. This is 333% above median its historical median of 0.55. Over the past decade, abrdn Asia-Pacificome Fund VCC's Graham Number has ranged from 0.42 to 2.66. According to the industry distribution chart, abrdn Asia-Pacificome Fund VCC ranks #847 out of 1171 companies in the Asset Management industry, placing it in the top 72.3%.
Is abrdn Asia-Pacificome Fund VCC's Graham Number too high?
abrdn Asia-Pacificome Fund VCC's current Graham Number of C$2.38 is 333% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 2.66. Based on the distribution chart, abrdn Asia-Pacificome Fund VCC ranks #847 out of 1171 companies in the Asset Management industry, which is below the industry midpoint. Overall, abrdn Asia-Pacificome Fund VCC has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does abrdn Asia-Pacificome Fund VCC's Graham Number compare to BLK and BX?
According to the Asset Management industry distribution chart, abrdn Asia-Pacificome Fund VCC ranks #847 out of 1171 companies for Graham Number. This places abrdn Asia-Pacificome Fund VCC in the lower half of its industry. The industry median Graham Number is 0.71. Historically, abrdn Asia-Pacificome Fund VCC's own Graham Number has ranged from 0.42 to 2.66 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 an Asset Management company?
The median Graham Number among Asset Management companies is 0.71, based on 1,171 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 abrdn Asia-Pacificome Fund VCC and its competitors. For the Asset Management industry, the median Graham Number is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. abrdn Asia-Pacificome Fund VCC's current Graham Number is C$2.38, which is 333% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is abrdn Asia-Pacificome Fund VCC stock overvalued right now?
Based on GuruFocus' analysis, abrdn Asia-Pacificome Fund VCC (TSX:FAP) is currently considered Significantly Overvalued. The stock's GF Value™ is C$1.16, compared to a current price of C$2.68 — trading 131% above its estimated fair value. The current Graham Number is C$2.38, which is 333% above median its 10-year median of 0.55. abrdn Asia-Pacificome Fund VCC's overall GF Score™ is 33/100 with 7 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 abrdn Asia-Pacificome Fund VCC (TSX:FAP), the current Graham Number is C$2.38 as of Apr. 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 abrdn Asia-Pacificome Fund VCC (TSX:FAP) Overvalued in 2026?

Based on GuruFocus' analysis, abrdn Asia-Pacificome Fund VCC stock appears to be overvalued. The current stock price of C$2.68 is trading 131% above its estimated GF Value™ of C$1.16. GuruFocus considers abrdn Asia-Pacificome Fund VCC to be Significantly Overvalued.

Key valuation signals for TSX:FAP:

  • Graham Number: C$2.38 (333% above median its 10-year median of 0.55)
  • GF Value™: C$1.16 vs. price of C$2.68 (131% above fair value)
  • GF Score™: 33/100 with 7 warning signs

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


abrdn Asia-Pacificome Fund VCC Business Description

Address Number 23-04 Marina One East Tower, 7 Straits View, Singapore, SGP, 018936
abrdn Asia-Pacific Income Fund VCC is a Singapore variable capital company organized as a closed-end investment company. The investment objective of the company is to obtain current income and achieve incidental capital appreciation from investment in long-term debt securities.
33GF Score

Get the complete analysis for TSX:FAP

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

C$2.68
Price
C$1.16
GF Value