VIORF (Vior Gold) Graham Number: $0.07 (As of Mar. 2026) — 94% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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 Vior Gold Graham Number?

Vior Gold VIORF Graham Number is $0.07 as of Mar. 2026, which is 94% below its 10-year median of 1.10. The stock has 2 warning signs investors should review. Among 612 Metals & Mining companies, Vior Gold ranks better than 61.27% 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 (2026-07-18), the stock price of Vior Gold is $0.07115. Vior Gold's graham number for the quarter that ended in Mar. 2026 was $0.07. Therefore, Vior Gold's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Vior Gold's Graham Number or its related term are showing as below:

During the past 13 years, the highest Price to Graham Number ratio of Vior Gold was 1.38. The lowest was 0.19. And the median was 1.10.

VIORF's Price-to-Graham-Number is not ranked *
in the Metals & Mining industry.
Industry Median: 1.23
* 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.


Vior Gold  (OTCPK:VIORF) 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.

Vior Gold's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.07115/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.


Vior Gold Graham Number Related Terms


Vior Gold Graham Number Historical Data

* Premium members only.

The historical data trend for Vior Gold'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.

Vior Gold Graham Number Chart

Vior Gold Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Vior Gold Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.10 0.10 0.09 0.07

VIORF vs NEM, AU: Graham Number Comparison

For the Gold subindustry, Vior Gold'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.


Vior Gold Price-to-Graham-Number vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vior Gold's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Vior Gold's Price-to-Graham-Number falls into.



Vior Gold Graham Number Calculation

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

Vior Gold's Graham Number for the fiscal year that ended in Jun. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.081*-0.002)
=N/A

Vior Gold'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*0.111*0)
=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 $0.07 mean?
Vior Gold (VIORF) has a Graham Number of $0.07 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Vior Gold and its competitors. This is 94% below median its historical median of 1.10. Over the past decade, Vior Gold's Graham Number has ranged from 0.19 to 1.38. According to the industry distribution chart, Vior Gold ranks #237 out of 612 companies in the Metals & Mining industry, placing it in the top 38.7%.
Is Vior Gold's Graham Number too high?
Vior Gold's current Graham Number of $0.07 is 94% below median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.38. The Metals & Mining industry median Graham Number is 1.23. Vior Gold's value of $0.07 is 94.3% below this industry median. Based on the distribution chart, Vior Gold ranks #237 out of 612 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Vior Gold's Graham Number compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Vior Gold ranks #237 out of 612 companies for Graham Number. This puts Vior Gold in the upper half of its industry. The industry median Graham Number is 1.23. Vior Gold's value of $0.07 is 94.3% below this benchmark. Historically, Vior Gold's own Graham Number has ranged from 0.19 to 1.38 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 1.23, Vior Gold 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 a Metals & Mining company?
The median Graham Number among Metals & Mining companies is 1.23, based on 612 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. Vior Gold's current Graham Number of $0.07 is 94.3% 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 Vior Gold and its competitors. For the Metals & Mining industry, the median Graham Number is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vior Gold's current Graham Number is $0.07, which is 94% below median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vior Gold stock overvalued right now?
Vior Gold (VIORF) has a current Graham Number of $0.07. The current Graham Number is $0.07, which is 94% below median its 10-year median of 1.10 and 94.3% below the Metals & Mining industry median of 1.23. 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 Vior Gold (VIORF), the current Graham Number is $0.07 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.

Vior Gold Business Description

Other Exchanges VL50:GermanyVIO:Canada
Address 2000, rue de l’Eclipse street, Suite 710, Brossard, QC, CAN, J4Z 0S2
Vior Gold Corp Inc is a junior mineral exploration corporation based in the province of Quebec, Canada. It aims to generate, explore, and develop high-quality mineral projects in the mining jurisdiction of Quebec. The company focuses on advancing its flagship Belleterre Gold Project. Its other projects include Skyfall Nickel, Foothills, Belleterre Critical Minerals (Lithium), Mosseau, and Ligneris.