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WestBond EnterprisesWBNEF 55 Graham Number is $0.20 as of Mar. 2026, which is 75% below its 10-year median of 0.79. GuruFocus rates WBNEF with a GF Score™ of 55/100 and a GF Value™ of $0.13. The stock has 4 warning signs investors should review. Among 170 Forest Products companies, WestBond Enterprises ranks better than 55.88% 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 (2026-07-30), the stock price of WestBond Enterprises is $0.152. WestBond Enterprises's graham number for the quarter that ended in Mar. 2026 was $0.20. Therefore, WestBond Enterprises's Price to Graham Number ratio for today is 0.78.
The historical rank and industry rank for WestBond Enterprises's Graham Number or its related term are showing as below:
WBNEF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.71 Med: 0.79 Max: 1.41
Current: 0.84
During the past 13 years, the highest Price to Graham Number ratio of WestBond Enterprises was 1.41. The lowest was 0.71. And the median was 0.79.
WBNEF's Price-to-Graham-Number is ranked better than 55.88% of 170
companies
in the Forest Products industry
Industry Median: 0.88
vs WBNEF: 0.84
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
WestBond Enterprises (OTCPK:WBNEF) 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.
WestBond Enterprises's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.152
/
0.20
=
0.78
* 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.
WestBond Enterprises Graham Number Related Terms
WestBond Enterprises Graham Number Historical Data
* Premium members only.
The historical data trend for WestBond Enterprises'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.
For the Paper & Paper Products subindustry, WestBond Enterprises'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.
WestBond Enterprises Price-to-Graham-Number vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, WestBond Enterprises's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where WestBond Enterprises'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.
WestBond Enterprises (WBNEF) has a Graham Number of $0.20 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on WestBond Enterprises and its competitors. This is 75% below median its historical median of 0.79. Over the past decade, WestBond Enterprises' Graham Number has ranged from 0.71 to 1.41. According to the industry distribution chart, WestBond Enterprises ranks #75 out of 170 companies in the Forest Products industry, placing it in the top 44.1%.
Is WestBond Enterprises' Graham Number too high?
WestBond Enterprises' current Graham Number of $0.20 is 75% below median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.41. The Forest Products industry median Graham Number is 0.88. WestBond Enterprises' value of $0.20 is 77.3% below this industry median. Based on the distribution chart, WestBond Enterprises ranks #75 out of 170 companies in the Forest Products industry, which is above the industry midpoint. Overall, WestBond Enterprises has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does WestBond Enterprises' Graham Number compare to SLVM?
According to the Forest Products industry distribution chart, WestBond Enterprises ranks #75 out of 170 companies for Graham Number. This puts WestBond Enterprises in the upper half of its industry. The industry median Graham Number is 0.88. WestBond Enterprises' value of $0.20 is 77.3% below this benchmark. Historically, WestBond Enterprises' own Graham Number has ranged from 0.71 to 1.41 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.88, WestBond Enterprises 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 Forest Products company?
The median Graham Number among Forest Products companies is 0.88, based on 170 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. WestBond Enterprises's current Graham Number of $0.20 is 77.3% 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 WestBond Enterprises and its competitors. For the Forest Products industry, the median Graham Number is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WestBond Enterprises's current Graham Number is $0.20, which is 75% below median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WestBond Enterprises stock overvalued right now?
WestBond Enterprises (WBNEF) has a current Graham Number of $0.20. The stock's GF Value™ is $0.13, compared to a current price of $0.15 — trading 16.9% above its estimated fair value. The current Graham Number is $0.20, which is 75% below median its 10-year median of 0.79 and 77.3% below the Forest Products industry median of 0.88. WestBond Enterprises' overall GF Score™ is 55/100 with 4 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 WestBond Enterprises (WBNEF), the current Graham Number is $0.20 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.
Is WestBond Enterprises (WBNEF) Overvalued in 2026?
Based on GuruFocus' analysis, WestBond Enterprises stock appears to be overvalued.
The current stock price of $0.15 is trading 16.9% above its estimated GF Value™ of $0.13.
Key valuation signals for WBNEF:
Graham Number: $0.20 (75% below median its 10-year median of 0.79)
GF Value™: $0.13 vs. price of $0.15 (16.9% above fair value)
Industry Position: 77.3% below the Forest Products median (#75 of 170)
No single metric tells the full story. See the WBNEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WestBond Enterprises Corp is mainly engaged in manufacturing and selling disposable paper products for medical, hygienic, and industrial uses. The company operates in a single segment of Disposable Paper Products. Its products are categorized under Personal hygiene, Clinical, Wipes, Non-Wipe air-laid, and Other products. The company's product pipeline includes examination table paper, and others.
55GF Score
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