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AYS Ventures BhdXKLS:5021 +2.38%29 Graham Number is RM3.05 as of Mar. 2026, which is 100% below its 10-year median of 0.38. GuruFocus rates XKLS:5021 with a GF Score™ of 29/100 and a GF Value™ of RM0.27 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 431 Steel companies, AYS Ventures Bhd ranks better than 99.77% 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 (2026-08-20), the stock price of AYS Ventures Bhd is RM0.215. AYS Ventures Bhd's graham number for the quarter that ended in Mar. 2026 was RM3.05. Therefore, AYS Ventures Bhd's Price to Graham Number ratio for today is 0.07.
The historical rank and industry rank for AYS Ventures Bhd's Graham Number or its related term are showing as below:
XKLS:5021'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.07 Med: 0.38 Max: 0.68
Current: 0.07
During the past 13 years, the highest Price to Graham Number ratio of AYS Ventures Bhd was 0.68. The lowest was 0.07. And the median was 0.38.
XKLS:5021's Price-to-Graham-Number is ranked better than 99.77% of 431
companies
in the Steel industry
Industry Median: 0.95
vs XKLS:5021: 0.07
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
AYS Ventures Bhd (XKLS:5021) 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.
AYS Ventures Bhd's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.215
/
3.05
=
0.07
* 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.
AYS Ventures Bhd Graham Number Related Terms
AYS Ventures Bhd Graham Number Historical Data
* Premium members only.
The historical data trend for AYS Ventures 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:5021 vs NUE, STLD, RS: Graham Number Comparison
For the Steel subindustry, AYS Ventures 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.
AYS Ventures Bhd Price-to-Graham-Number vs Steel Industry
For the Steel industry and Basic Materials sector, AYS Ventures Bhd's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where AYS Ventures 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.
AYS Ventures Bhd (XKLS:5021) has a Graham Number of RM3.05 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on AYS Ventures Bhd and its competitors. This is 703% above median its historical median of 0.38. Over the past decade, AYS Ventures Bhd's Graham Number has ranged from 0.07 to 0.68. According to the industry distribution chart, AYS Ventures Bhd ranks #1 out of 431 companies in the Steel industry, placing it in the top 0.2%.
Is AYS Ventures Bhd's Graham Number too high?
AYS Ventures Bhd's current Graham Number of RM3.05 is 703% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.68. Based on the distribution chart, AYS Ventures Bhd ranks #1 out of 431 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, AYS Ventures Bhd has a GF Score™ of 29/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AYS Ventures Bhd's Graham Number compare to NUE and STLD?
According to the Steel industry distribution chart, AYS Ventures Bhd ranks #1 out of 431 companies for Graham Number. This places AYS Ventures Bhd in the top 0% of its industry — outperforming the majority of peers. The industry median Graham Number is 0.95. Historically, AYS Ventures Bhd's own Graham Number has ranged from 0.07 to 0.68 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 Steel company?
The median Graham Number among Steel companies is 0.95, based on 431 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 AYS Ventures Bhd and its competitors. For the Steel industry, the median Graham Number is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AYS Ventures Bhd's current Graham Number is RM3.05, which is 703% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AYS Ventures Bhd stock overvalued right now?
Based on GuruFocus' analysis, AYS Ventures Bhd (XKLS:5021) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.27, compared to a current price of RM0.22 — trading 20.4% below its estimated fair value. The current Graham Number is RM3.05, which is 703% above median its 10-year median of 0.38. AYS Ventures Bhd's overall GF Score™ is 29/100 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 AYS Ventures Bhd (XKLS:5021), the current Graham Number is RM3.05 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 AYS Ventures Bhd (XKLS:5021) Overvalued in 2026?
Based on GuruFocus' analysis, AYS Ventures Bhd stock appears to be undervalued.
The current stock price of RM0.22 is trading 20.4% below its estimated GF Value™ of RM0.27.
GuruFocus considers AYS Ventures Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5021:
Graham Number: RM3.05 (703% above median its 10-year median of 0.38)
GF Value™: RM0.27 vs. price of RM0.22 (20.4% below fair value)
No single metric tells the full story. See the XKLS:5021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AYS Ventures Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the trading and manufacturing of steel, construction, and related products. The group's operating business segments are Trading and services, Manufacturing, and Others. The majority of its revenue is generated from the Trading and services segment, which is engaged in trading and marketing of steel products and all types of construction materials, warehousing, and storage services. The Manufacturing segment is involved in the manufacturing and trading of purlin, structural steel components, and other steel products. Geographically, the group generates maximum revenue from Malaysia, followed by Singapore, the Asia-Pacific Economic Cooperation countries, and other countries.
29GF Score
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