Hume Cement Industries Bhd (XKLS:5000) Graham Number: RM4.40 (As of Mar. 2026) — 219% Above Median

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.
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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.

XKLS:5000 Hume Cement Industries Bhd XKLS:5000
84 GF Score
Price RM2.90
GF Value RM2.71
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Hume Cement Industries Bhd Graham Number?

Hume Cement Industries Bhd XKLS:5000 +0.35% 84 Graham Number is RM4.40 as of Mar. 2026, which is 100% below its 10-year median of 1.38. GuruFocus rates XKLS:5000 with a GF Score™ of 84/100 and a GF Value™ of RM2.71 (Fairly Valued). The stock has 2 warning signs investors should review. Among 285 Building Materials companies, Hume Cement Industries Bhd ranks better than 73.68% 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 (2026-07-19), the stock price of Hume Cement Industries Bhd is RM2.90. Hume Cement Industries Bhd's graham number for the quarter that ended in Mar. 2026 was RM4.40. Therefore, Hume Cement Industries Bhd's Price to Graham Number ratio for today is 0.66.

The historical rank and industry rank for Hume Cement Industries Bhd's Graham Number or its related term are showing as below:

XKLS:5000' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.66   Med: 1.38   Max: 7.38
Current: 0.66

During the past 13 years, the highest Price to Graham Number ratio of Hume Cement Industries Bhd was 7.38. The lowest was 0.66. And the median was 1.38.

XKLS:5000's Price-to-Graham-Number is ranked better than
73.68% of 285 companies
in the Building Materials industry
Industry Median: 0.96 vs XKLS:5000: 0.66

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


Hume Cement Industries Bhd  (XKLS:5000) 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.

Hume Cement Industries Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=2.90/4.40
=0.66

* 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.


Hume Cement Industries Bhd Graham Number Related Terms


Hume Cement Industries Bhd Graham Number Historical Data

* Premium members only.

The historical data trend for Hume Cement Industries 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.

Hume Cement Industries Bhd Graham Number Chart

Hume Cement Industries 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 0.00 0.29 1.27 2.56 2.64

Hume Cement Industries Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 2.59 2.65 2.84 2.77 4.40

XKLS:5000 vs CRH, VMC, MLM: Graham Number Comparison

For the Building Materials subindustry, Hume Cement Industries 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.


Hume Cement Industries Bhd Price-to-Graham-Number vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hume Cement Industries Bhd's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Hume Cement Industries Bhd's Price-to-Graham-Number falls into.


XKLS:5000
84GF Score
Hume Cement Industries Bhd XKLS:5000
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hume Cement Industries Bhd Graham Number Calculation

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

Hume Cement Industries 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*1.009*0.308)
=2.64

Hume Cement Industries 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*1.466*0.586)
=4.40

* 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 RM4.40 mean?
Hume Cement Industries Bhd (XKLS:5000) has a Graham Number of RM4.40 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Hume Cement Industries Bhd and its competitors. This is 219% above median its historical median of 1.38. Over the past decade, Hume Cement Industries Bhd's Graham Number has ranged from 0.66 to 7.38. According to the industry distribution chart, Hume Cement Industries Bhd ranks #75 out of 285 companies in the Building Materials industry, placing it in the top 26.3%.
Is Hume Cement Industries Bhd's Graham Number too high?
Hume Cement Industries Bhd's current Graham Number of RM4.40 is 219% above median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 7.38. Based on the distribution chart, Hume Cement Industries Bhd ranks #75 out of 285 companies in the Building Materials industry, which is above the industry midpoint. Overall, Hume Cement Industries Bhd has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hume Cement Industries Bhd's Graham Number compare to CRH and VMC?
According to the Building Materials industry distribution chart, Hume Cement Industries Bhd ranks #75 out of 285 companies for Graham Number. This puts Hume Cement Industries Bhd in the upper half of its industry. The industry median Graham Number is 0.96. Historically, Hume Cement Industries Bhd's own Graham Number has ranged from 0.66 to 7.38 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 Building Materials company?
The median Graham Number among Building Materials companies is 0.96, based on 285 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 Hume Cement Industries Bhd and its competitors. For the Building Materials industry, the median Graham Number is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hume Cement Industries Bhd's current Graham Number is RM4.40, which is 219% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hume Cement Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hume Cement Industries Bhd (XKLS:5000) is currently considered Fairly Valued. The stock's GF Value™ is RM2.71, compared to a current price of RM2.90 — trading 7% above its estimated fair value. The current Graham Number is RM4.40, which is 219% above median its 10-year median of 1.38. Hume Cement Industries Bhd's overall GF Score™ is 84/100 with 2 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 Hume Cement Industries Bhd (XKLS:5000), the current Graham Number is RM4.40 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 Hume Cement Industries Bhd (XKLS:5000) Overvalued in 2026?

Based on GuruFocus' analysis, Hume Cement Industries Bhd stock appears to be overvalued. The current stock price of RM2.90 is trading 7% above its estimated GF Value™ of RM2.71. GuruFocus considers Hume Cement Industries Bhd to be Fairly Valued.

Key valuation signals for XKLS:5000:

  • Graham Number: RM4.40 (219% above median its 10-year median of 1.38)
  • GF Value™: RM2.71 vs. price of RM2.90 (7% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5000 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hume Cement Industries Bhd Business Description

Address 15A, Jalan 51A/219, Level 5, Wisma Hume, Block D, Petaling Jaya, SGR, MYS, 46100
Hume Cement Industries Bhd through its subsidiaries is engaged in the manufacturing and sale of cement and cement related products, and manufacturing, marketing and sale of concrete and concrete-related products. Geographically, Malaysia accounts for a larger share of the revenue. The company also provides precast concrete solutions to the construction industry and mega structure development projects.
84GF Score

Get the complete analysis for XKLS:5000

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

RM2.90
Price
RM2.71
GF Value