Innovative Energy Group (XJAM:ENERGY) Graham Number: JMDN/A (As of Feb. 2026)

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.

XJAM:ENERGY Innovative Energy Group Ltd XJAM:ENERGY
31 GF Score
Price JMD0.98
! 5 Warning Signs
View Full Analysis

What is Innovative Energy Group Graham Number?

Innovative Energy Group XJAM:ENERGY 31 Graham Number is JMDN/A as of Feb. 2026. GuruFocus rates XJAM:ENERGY with a GF Score™ of 31/100. The stock has 5 warning signs investors should review. Among 2,223 Industrial Products companies, Innovative Energy Group ranks worse than 44984.21% 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 (2026-09-15), the stock price of Innovative Energy Group is JMD0.98. Innovative Energy Group's graham number for the quarter that ended in Feb. 2026 was JMDN/A. Therefore, Innovative Energy Group's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Innovative Energy Group's Graham Number or its related term are showing as below:

XJAM:ENERGY's Price-to-Graham-Number is not ranked *
in the Industrial Products industry.
Industry Median: 1.7
* 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.


Innovative Energy Group  (XJAM:ENERGY) 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.

Innovative Energy Group's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Feb. 2026 )
=0.98/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.


Innovative Energy Group Graham Number Related Terms


Innovative Energy Group Graham Number Historical Data

* Premium members only.

The historical data trend for Innovative Energy Group'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.

Innovative Energy Group Graham Number Chart

Innovative Energy Group Annual Data
Trend May09 May10 May23 May24 May25
Graham Number
0.00 0.00 0.00 0.00 0.00

Innovative Energy Group Quarterly Data
May09 May10 Aug22 May23 Aug23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Graham Number Get a 7-Day Free Trial 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

XJAM:ENERGY vs GEV, ETN, PH: Graham Number Comparison

For the Specialty Industrial Machinery subindustry, Innovative Energy Group'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.


Innovative Energy Group Price-to-Graham-Number vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Innovative Energy Group's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Innovative Energy Group's Price-to-Graham-Number falls into.


XJAM:ENERGY
31GF Score
Innovative Energy Group Ltd XJAM:ENERGY
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innovative Energy Group Graham Number Calculation

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

Innovative Energy Group's Graham Number for the fiscal year that ended in May. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-1.22*0.153)
=N/A

Innovative Energy Group's Graham Number for the quarter that ended in Feb. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-1.217*-0.028)
=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 JMDN/A mean?
Innovative Energy Group (XJAM:ENERGY) has a Graham Number of JMDN/A as of Feb. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Innovative Energy Group and its competitors. According to the industry distribution chart, Innovative Energy Group ranks #999999 out of 2223 companies in the Industrial Products industry.
Is Innovative Energy Group's Graham Number too high?
Innovative Energy Group's current Graham Number is JMDN/A. Based on the distribution chart, Innovative Energy Group ranks #999999 out of 2223 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Innovative Energy Group has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Innovative Energy Group's Graham Number compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Innovative Energy Group ranks #999999 out of 2223 companies for Graham Number. This places Innovative Energy Group in the lower half of its industry. The industry median Graham Number is 1.70. 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 Industrial Products company?
The median Graham Number among Industrial Products companies is 1.70, based on 2,223 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 Innovative Energy Group and its competitors. For the Industrial Products industry, the median Graham Number is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Energy Group's current Graham Number is JMDN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Energy Group stock overvalued right now?
Innovative Energy Group (XJAM:ENERGY) has a current Graham Number of JMDN/A. The current Graham Number is JMDN/A. Innovative Energy Group's overall GF Score™ is 31/100 with 5 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 Innovative Energy Group (XJAM:ENERGY), the current Graham Number is JMDN/A as of Feb. 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.

Innovative Energy Group Business Description

Address R1 Commercial Park, Unit no. 14, 11-13 Marverly Avenue, Kingston, JAM, 10
Innovative Energy Group Ltd is a Jamaican based vertically integrated energy company. It provides clean energy solutions through the development of hybrid renewable or stand-alone cogeneration and trigeneration microturbine projects. IEC provides energy audits, project development, construction, operations and asset management services.
31GF Score

Get the complete analysis for XJAM:ENERGY

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

JMD0.98
Price