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ES Ceramics Technology BhdXKLS:0100 61 Graham Number is RM0.34 as of Feb. 2026, which is 100% below its 10-year median of 0.86. GuruFocus rates XKLS:0100 with a GF Score™ of 61/100 and a GF Value™ of RM0.19 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,153 Chemicals companies, ES Ceramics Technology Bhd ranks better than 90.98% 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.
The historical rank and industry rank for ES Ceramics Technology Bhd's Graham Number or its related term are showing as below:
XKLS:0100'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.29 Med: 0.86 Max: 2.22
Current: 0.51
During the past 13 years, the highest Price to Graham Number ratio of ES Ceramics Technology Bhd was 2.22. The lowest was 0.29. And the median was 0.86.
XKLS:0100's Price-to-Graham-Number is ranked better than 90.98% of 1153
companies
in the Chemicals industry
Industry Median: 1.44
vs XKLS:0100: 0.51
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
ES Ceramics Technology Bhd (XKLS:0100) 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.
ES Ceramics Technology Bhd's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Feb. 2026 )
=
0.175
/
0.34
=
0.52
* 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.
ES Ceramics Technology Bhd Graham Number Related Terms
ES Ceramics Technology Bhd Graham Number Historical Data
* 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.
XKLS:0100 vs LIN, SHW, ECL: Graham Number Comparison
For the Specialty Chemicals subindustry, ES Ceramics Technology Bhd'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.
ES Ceramics Technology Bhd Price-to-Graham-Number vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, ES Ceramics Technology Bhd's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where ES Ceramics Technology Bhd'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.
ES Ceramics Technology Bhd (XKLS:0100) has a Graham Number of RM0.34 as of Feb. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on ES Ceramics Technology Bhd and its competitors. This is 60% below median its historical median of 0.86. Over the past decade, ES Ceramics Technology Bhd's Graham Number has ranged from 0.29 to 2.22. According to the industry distribution chart, ES Ceramics Technology Bhd ranks #104 out of 1153 companies in the Chemicals industry, placing it in the top 9%.
Is ES Ceramics Technology Bhd's Graham Number too high?
ES Ceramics Technology Bhd's current Graham Number of RM0.34 is 60% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.22. Based on the distribution chart, ES Ceramics Technology Bhd ranks #104 out of 1153 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, ES Ceramics Technology Bhd has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ES Ceramics Technology Bhd's Graham Number compare to LIN and SHW?
According to the Chemicals industry distribution chart, ES Ceramics Technology Bhd ranks #104 out of 1153 companies for Graham Number. This places ES Ceramics Technology Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.44. Historically, ES Ceramics Technology Bhd's own Graham Number has ranged from 0.29 to 2.22 over the past decade. 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 Chemicals company?
The median Graham Number among Chemicals companies is 1.44, based on 1,153 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 ES Ceramics Technology Bhd and its competitors. For the Chemicals industry, the median Graham Number is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ES Ceramics Technology Bhd's current Graham Number is RM0.34, which is 60% below median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ES Ceramics Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, ES Ceramics Technology Bhd (XKLS:0100) is currently considered Fairly Valued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.18 — trading 7.9% below its estimated fair value. The current Graham Number is RM0.34, which is 60% below median its 10-year median of 0.86. ES Ceramics Technology Bhd's overall GF Score™ is 61/100 with 7 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 ES Ceramics Technology Bhd (XKLS:0100), the current Graham Number is RM0.34 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.
Is ES Ceramics Technology Bhd (XKLS:0100) Overvalued in 2026?
Based on GuruFocus' analysis, ES Ceramics Technology Bhd stock appears to be undervalued.
The current stock price of RM0.18 is trading 7.9% below its estimated GF Value™ of RM0.19.
GuruFocus considers ES Ceramics Technology Bhd to be Fairly Valued.
Key valuation signals for XKLS:0100:
Graham Number: RM0.34 (60% below median its 10-year median of 0.86)
GF Value™: RM0.19 vs. price of RM0.18 (7.9% below fair value)
No single metric tells the full story. See the XKLS:0100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ES Ceramics Technology Bhd is an investment holding company. Through its holding, the company manufactures and distributes ceramic hand formers. Its product offerings include examination formers, surgical formers, household formers, and breathing bags and balloons. The formers are for continuous industrial use under heavy-duty conditions, to withstand the complex processes involving heat and chemicals to produce gloves. Geographically, it derives a majority of its revenue from Malaysia. Its segments include Investing, Glove equipment, and Construction, of which the Construction segment derives the maximum revenue. The Construction segment is engaged in the manufacturing and supply of chemical products and construction materials, including readymix concrete.
61GF Score
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