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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 (2026-08-29), the stock price of Clydestone Ghana is GHS5.98. Clydestone Ghana's graham number for the quarter that ended in Jun. 2026 was GHSN/A. Therefore, Clydestone Ghana's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Clydestone Ghana's Graham Number or its related term are showing as below:
During the past 11 years, the highest Price to Graham Number ratio of Clydestone Ghana was 3.00. The lowest was 0.05. And the median was 0.30.
XGHA:CLYD's Price-to-Graham-Number is not ranked *
in the Software industry.
Industry Median: 1.88 * 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.
Clydestone Ghana (XGHA:CLYD) 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.
Clydestone Ghana's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
5.98
/
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.
Clydestone Ghana Graham Number Related Terms
Clydestone Ghana Graham Number Historical Data
* Premium members only.
The historical data trend for Clydestone Ghana'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.
XGHA:CLYD vs IBM, ACN, FISV: Graham Number Comparison
For the Information Technology Services subindustry, Clydestone Ghana'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.
Clydestone Ghana Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, Clydestone Ghana's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Clydestone Ghana'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.
Clydestone Ghana (XGHA:CLYD) has a Graham Number of GHSN/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Clydestone Ghana and its competitors. According to the industry distribution chart, Clydestone Ghana ranks #999999 out of 1480 companies in the Software industry.
Is Clydestone Ghana's Graham Number too high?
Clydestone Ghana's current Graham Number is GHSN/A. Based on the distribution chart, Clydestone Ghana ranks #999999 out of 1480 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Clydestone Ghana has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clydestone Ghana's Graham Number compare to IBM and ACN?
According to the Software industry distribution chart, Clydestone Ghana ranks #999999 out of 1480 companies for Graham Number. This places Clydestone Ghana in the lower half of its industry. The industry median Graham Number is 1.88. 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 Software company?
The median Graham Number among Software companies is 1.88, based on 1,480 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 Clydestone Ghana and its competitors. For the Software industry, the median Graham Number is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clydestone Ghana's current Graham Number is GHSN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clydestone Ghana stock overvalued right now?
Based on GuruFocus' analysis, Clydestone Ghana (XGHA:CLYD) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS0.03, compared to a current price of GHS5.98 — trading 19833.3% above its estimated fair value. The current Graham Number is GHSN/A. Clydestone Ghana's overall GF Score™ is 32/100 with 8 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 Clydestone Ghana (XGHA:CLYD), the current Graham Number is GHSN/A as of Jun. 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 Clydestone Ghana (XGHA:CLYD) Overvalued in 2026?
Based on GuruFocus' analysis, Clydestone Ghana stock appears to be overvalued.
The current stock price of GHS5.98 is trading 19833.3% above its estimated GF Value™ of GHS0.03.
GuruFocus considers Clydestone Ghana to be Significantly Overvalued.
Key valuation signals for XGHA:CLYD:
Graham Number: GHSN/A
GF Value™: GHS0.03 vs. price of GHS5.98 (19833.3% above fair value)
No single metric tells the full story. See the XGHA:CLYD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clydestone Ghana PLC is an information and communications technology company with offices in Ghana, Nigeria, and Kenya. The company's principal activities includes Payments Service Provider, Transaction Switching Services, Provision of settlement and clearing solutions, Provision of Instant Card Issuance Solutions, Provision of Authentication and 3D Secure Solutions, Provision of ATM Monitoring Solutions, Provision of KYC and AML Solutions, Provision of Information Technology Services including, General system design, installation, Systems integration.
32GF Score
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