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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 (2026-07-26), the stock price of Jishan Bhd is RM0.69. Jishan Bhd's graham number for the quarter that ended in Dec. 2025 was RM0.45. Therefore, Jishan Bhd's Price to Graham Number ratio for today is 1.52.
The historical rank and industry rank for Jishan Bhd's Graham Number or its related term are showing as below:
XKLS:03040'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.09 Med: 1.15 Max: 1.53
Current: 1.53
During the past 6 years, the highest Price to Graham Number ratio of Jishan Bhd was 1.53. The lowest was 1.09. And the median was 1.15.
XKLS:03040's Price-to-Graham-Number is not ranked
in the Packaging & Containers industry.
Industry Median: 0.99
vs XKLS:03040: 1.53
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Jishan Bhd (XKLS:03040) 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.
Jishan Bhd's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
0.69
/
0.45
=
1.52
* 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.
Jishan Bhd Graham Number Related Terms
Jishan Bhd Graham Number Historical Data
* Premium members only.
The historical data trend for Jishan Bhd'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.
XKLS:03040 vs IP, SW, AMCR: Graham Number Comparison
For the Packaging & Containers subindustry, Jishan 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.
Jishan Bhd Price-to-Graham-Number vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Jishan Bhd's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Jishan 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.
Jishan Bhd (XKLS:03040) has a Graham Number of RM0.45 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Jishan Bhd and its competitors. This is 61% below median its historical median of 1.15. Over the past decade, Jishan Bhd's Graham Number has ranged from 1.09 to 1.53.
Is Jishan Bhd's Graham Number too high?
Jishan Bhd's current Graham Number of RM0.45 is 61% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 1.53. Overall, Jishan Bhd has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Jishan Bhd's Graham Number compare to IP and SW?
Jishan Bhd's Graham Number of RM0.45 can be compared against companies in the Packaging & Containers industry. The industry median Graham Number is 0.99. Historically, Jishan Bhd's own Graham Number has ranged from 1.09 to 1.53 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 Packaging & Containers company?
The median Graham Number among Packaging & Containers companies is 0.99, based on 292 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 Jishan Bhd and its competitors. For the Packaging & Containers industry, the median Graham Number is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jishan Bhd's current Graham Number is RM0.45, which is 61% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jishan Bhd stock overvalued right now?
Jishan Bhd (XKLS:03040) has a current Graham Number of RM0.45. The stock's GF Value™ is RM0.67, compared to a current price of RM0.69 — trading 3% above its estimated fair value. The current Graham Number is RM0.45, which is 61% below median its 10-year median of 1.15. Jishan Bhd's overall GF Score™ is 30/100 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 Jishan Bhd (XKLS:03040), the current Graham Number is RM0.45 as of Dec. 2025. 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 Jishan Bhd (XKLS:03040) Overvalued in 2026?
Based on GuruFocus' analysis, Jishan Bhd stock appears to be overvalued.
The current stock price of RM0.69 is trading 3% above its estimated GF Value™ of RM0.67.
Key valuation signals for XKLS:03040:
Graham Number: RM0.45 (61% below median its 10-year median of 1.15)
GF Value™: RM0.67 vs. price of RM0.69 (3% above fair value)
No single metric tells the full story. See the XKLS:03040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jishan Bhd is a packaging solution provider engaged in the manufacturing and trading of corrugated cartons and all kinds of paper and plastic packaging products. Its products include Paper Forming, Paper Packaging, Plastic Packaging, Ranpak - Protective Packaging, and Food Packaging. Geographically, the company derives a majority of its revenue from its customers in Malaysia and the rest from other regions.
30GF Score
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