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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.
The historical rank and industry rank for Johor Plantations Group Bhd's Graham Number or its related term are showing as below:
XKLS:5323'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.6 Med: 0.77 Max: 1.08
Current: 1.08
During the past 6 years, the highest Price to Graham Number ratio of Johor Plantations Group Bhd was 1.08. The lowest was 0.60. And the median was 0.77.
XKLS:5323's Price-to-Graham-Number is ranked better than 53.14% of 1385
companies
in the Consumer Packaged Goods industry
Industry Median: 1.13
vs XKLS:5323: 1.08
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Johor Plantations Group Bhd (XKLS:5323) 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.
Johor Plantations Group Bhd's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
1.92
/
1.78
=
1.08
* 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.
Johor Plantations Group Bhd Graham Number Related Terms
Johor Plantations Group 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:5323 vs ADM, BG, TSN: Graham Number Comparison
For the Farm Products subindustry, Johor Plantations 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.
Johor Plantations Group Bhd Price-to-Graham-Number vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Johor Plantations Group Bhd's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Johor Plantations Group 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.
Johor Plantations Group Bhd (XKLS:5323) has a Graham Number of RM1.78 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Johor Plantations Group Bhd and its competitors. According to the industry distribution chart, Johor Plantations Group Bhd ranks #649 out of 1385 companies in the Consumer Packaged Goods industry, placing it in the top 46.9%.
Is Johor Plantations Group Bhd's Graham Number too high?
Johor Plantations Group Bhd's current Graham Number is RM1.78. Based on the distribution chart, Johor Plantations Group Bhd ranks #649 out of 1385 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Johor Plantations Group Bhd has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Johor Plantations Group Bhd's Graham Number compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Johor Plantations Group Bhd ranks #649 out of 1385 companies for Graham Number. This puts Johor Plantations Group Bhd in the upper half of its industry. The industry median Graham Number is 1.13. 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 Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.13, based on 1,385 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 Johor Plantations Group Bhd and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Johor Plantations Group Bhd's current Graham Number is RM1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johor Plantations Group Bhd stock overvalued right now?
Johor Plantations Group Bhd (XKLS:5323) has a current Graham Number of RM1.78. The current Graham Number is RM1.78. Johor Plantations Group Bhd's overall GF Score™ is 40/100 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 Johor Plantations Group Bhd (XKLS:5323), the current Graham Number is RM1.78 as of Jun. 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.
Johor Plantations Group Bhd is an upstream oil palm plantation company operating predominantly in Johor, Malaysia. It owns, manages, and cultivates oil palms and harvests FFB produced on the plantation estates that it owns. The group operates in four segments: the Upstream segment includes the production of palm oil and palm kernels; the Midstream segment includes the production of bio-methane; the Downstream segment includes a palm oil mill, specialty refinery, renewable energy power plant, kernel crushing plant, and animal feed mill; and Trading and services segment includes training, trading, and other miscellaneous activities. It generates the majority of its revenue from the Upstream segment.
40GF Score
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