Next Phase Ventures (TSXV:NPV) Graham Number: C$N/A (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Next Phase Ventures Graham Number?

Next Phase Ventures TSXV:NPV Graham Number is C$N/A as of Mar. 2026. The stock has 5 warning signs investors should review. Among 1,355 Consumer Packaged Goods companies, Next Phase Ventures ranks worse than 73800.66% 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 (2026-08-10), the stock price of Next Phase Ventures is C$0.01. Next Phase Ventures's graham number for the quarter that ended in Mar. 2026 was C$N/A. Therefore, Next Phase Ventures's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Next Phase Ventures's Graham Number or its related term are showing as below:

TSXV:NPV's Price-to-Graham-Number is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.1
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Next Phase Ventures  (TSXV:NPV) 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.

Next Phase Ventures's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.01/N/A
=N/A

* 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.


Next Phase Ventures Graham Number Related Terms


Next Phase Ventures Graham Number Historical Data

* Premium members only.

The historical data trend for Next Phase Ventures'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.

Next Phase Ventures Graham Number Chart

Next Phase Ventures Annual Data
Trend Sep23 Sep24 Sep25
Graham Number
0.00 0.00 0.00

Next Phase Ventures Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

TSXV:NPV vs ADM, BG, TSN: Graham Number Comparison

For the Farm Products subindustry, Next Phase Ventures'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.


Next Phase Ventures Price-to-Graham-Number vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Next Phase Ventures's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Next Phase Ventures's Price-to-Graham-Number falls into.



Next Phase Ventures Graham Number Calculation

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

Next Phase Ventures's Graham Number for the fiscal year that ended in Sep. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-0.016*-0.012)
=N/A

Next Phase Ventures's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-0.012*0.011)
=N/A

* 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$N/A mean?
Next Phase Ventures (TSXV:NPV) has a Graham Number of C$N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Next Phase Ventures and its competitors. According to the industry distribution chart, Next Phase Ventures ranks #999999 out of 1355 companies in the Consumer Packaged Goods industry.
Is Next Phase Ventures' Graham Number too high?
Next Phase Ventures' current Graham Number is C$N/A. Based on the distribution chart, Next Phase Ventures ranks #999999 out of 1355 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Next Phase Ventures' Graham Number compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Next Phase Ventures ranks #999999 out of 1355 companies for Graham Number. This places Next Phase Ventures in the lower half of its industry. The industry median Graham Number is 1.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.10, based on 1,355 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Next Phase Ventures and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Phase Ventures's current Graham Number is C$N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Phase Ventures stock overvalued right now?
Next Phase Ventures (TSXV:NPV) has a current Graham Number of C$N/A. The current Graham Number is C$N/A. 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 Next Phase Ventures (TSXV:NPV), the current Graham Number is C$N/A 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.

Next Phase Ventures Business Description

Address 222 Eagle Ridge Drive SW, 3n, Calgary, AB, CAN, T2V 2V7
Next Phase Ventures Ltd is focused on evaluating, developing, and operating businesses across emerging and evolving markets. The Company is focused on identifying strategic opportunities that leverage public markets access, operational experience, and scalable business platforms to support long-term shareholder value creation. The group continues to maintain interests in its existing operating subsidiaries that engage in a nature-based carbon solutions platform supporting the development of high-integrity carbon credit programs utilizing industrial hemp and digital measurement, reporting, and verification frameworks aligned with ISO 14064-2 standards.