Carlo Rino Group Bhd (XKLS:0335) Graham Number: RM0.39 (As of Mar. 2026) — 39% Below Median

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XKLS:0335 Carlo Rino Group Bhd XKLS:0335
59 GF Score
Price RM0.19
GF Value RM0.27
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Carlo Rino Group Bhd Graham Number?

Carlo Rino Group Bhd XKLS:0335 59 Graham Number is RM0.39 as of Mar. 2026, which is 100% below its 10-year median of 0.64. GuruFocus rates XKLS:0335 with a GF Score™ of 59/100 and a GF Value™ of RM0.27 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 712 Manufacturing - Apparel & Accessories companies, Carlo Rino Group Bhd ranks better than 82.3% 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 (2026-08-07), the stock price of Carlo Rino Group Bhd is RM0.19. Carlo Rino Group Bhd's graham number for the quarter that ended in Mar. 2026 was RM0.39. Therefore, Carlo Rino Group Bhd's Price to Graham Number ratio for today is 0.48.

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

XKLS:0335' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.31   Med: 0.64   Max: 2.84
Current: 0.49

During the past 10 years, the highest Price to Graham Number ratio of Carlo Rino Group Bhd was 2.84. The lowest was 0.31. And the median was 0.64.

XKLS:0335's Price-to-Graham-Number is ranked better than
82.3% of 712 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.05 vs XKLS:0335: 0.49

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Carlo Rino Group Bhd  (XKLS:0335) 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.

Carlo Rino Group Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.19/0.39
=0.48

* 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.


Carlo Rino Group Bhd Graham Number Related Terms


Carlo Rino Group Bhd Graham Number Historical Data

* Premium members only.

The historical data trend for Carlo Rino Group 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.

Carlo Rino Group Bhd Graham Number Chart

Carlo Rino Group Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.53 0.58 0.55 0.51

Carlo Rino Group Bhd Quarterly Data
Mar18 Jun18 Dec18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.51 0.50 0.46 0.39

XKLS:0335 vs NKE, DECK, ONON: Graham Number Comparison

For the Footwear & Accessories subindustry, Carlo Rino Group 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.


Carlo Rino Group Bhd Price-to-Graham-Number vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carlo Rino Group Bhd's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Carlo Rino Group Bhd's Price-to-Graham-Number falls into.


XKLS:0335
59GF Score
Carlo Rino Group Bhd XKLS:0335
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carlo Rino Group Bhd Graham Number Calculation

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

Carlo Rino Group Bhd's Graham Number for the fiscal year that ended in Jun. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.326*0.035)
=0.51

Carlo Rino Group Bhd's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.328*0.021)
=0.39

* 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 RM0.39 mean?
Carlo Rino Group Bhd (XKLS:0335) has a Graham Number of RM0.39 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Carlo Rino Group Bhd and its competitors. This is 39% below median its historical median of 0.64. Over the past decade, Carlo Rino Group Bhd's Graham Number has ranged from 0.31 to 2.84. According to the industry distribution chart, Carlo Rino Group Bhd ranks #126 out of 712 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 17.7%.
Is Carlo Rino Group Bhd's Graham Number too high?
Carlo Rino Group Bhd's current Graham Number of RM0.39 is 39% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 2.84. Based on the distribution chart, Carlo Rino Group Bhd ranks #126 out of 712 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Carlo Rino Group Bhd has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlo Rino Group Bhd's Graham Number compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Carlo Rino Group Bhd ranks #126 out of 712 companies for Graham Number. This places Carlo Rino Group Bhd in the top 18% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.05. Historically, Carlo Rino Group Bhd's own Graham Number has ranged from 0.31 to 2.84 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 Manufacturing - Apparel & Accessories company?
The median Graham Number among Manufacturing - Apparel & Accessories companies is 1.05, based on 712 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 Carlo Rino Group Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Graham Number is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlo Rino Group Bhd's current Graham Number is RM0.39, which is 39% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlo Rino Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Carlo Rino Group Bhd (XKLS:0335) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.27, compared to a current price of RM0.19 — trading 29.6% below its estimated fair value. The current Graham Number is RM0.39, which is 39% below median its 10-year median of 0.64. Carlo Rino Group Bhd's overall GF Score™ is 59/100 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 Carlo Rino Group Bhd (XKLS:0335), the current Graham Number is RM0.39 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 Carlo Rino Group Bhd (XKLS:0335) Overvalued in 2026?

Based on GuruFocus' analysis, Carlo Rino Group Bhd stock appears to be undervalued. The current stock price of RM0.19 is trading 29.6% below its estimated GF Value™ of RM0.27. GuruFocus considers Carlo Rino Group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0335:

  • Graham Number: RM0.39 (39% below median its 10-year median of 0.64)
  • GF Value™: RM0.27 vs. price of RM0.19 (29.6% below fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the XKLS:0335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carlo Rino Group Bhd Business Description

Address Jalan Cerdas, No. 160, L2-05, 2nd Floor, Ikon Connaught, Taman Connaught, Wilayah Persekutuan, Kuala Lumpur, MYS, 56000
Carlo Rino Group Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the business of designing, promoting, marketing, distributing, and retailing women's handbags, footwear, and accessories. Its product portfolio comprises sunglasses, perfumes, wallets, shoes, bags, keychains, hats, and other accessories, which are marketed under the Carlo Rino brand. The group is also involved in property development and property investment; investment holdings of securities; and provision of management services. Its reportable segments are: Retailing, which derives maximum revenue, and Investment and management services. The business activities of the group are predominantly located in Malaysia.
59GF Score

Get the complete analysis for XKLS:0335

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

RM0.19
Price
RM0.27
GF Value