Techbase Industries Bhd (XKLS:8966) Graham Number: RMN/A (As of Apr. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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What is Techbase Industries Bhd Graham Number?

Techbase Industries Bhd XKLS:8966 -9.09% Graham Number is RMN/A as of Apr. 2026. The stock has 3 warning signs investors should review. Among 718 Manufacturing - Apparel & Accessories companies, Techbase Industries Bhd ranks worse than 139275.63% 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 (2026-08-12), the stock price of Techbase Industries Bhd is RM0.05. Techbase Industries Bhd's graham number for the quarter that ended in Apr. 2026 was RMN/A. Therefore, Techbase Industries Bhd's Price to Graham Number ratio for today is N/A.

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

During the past 13 years, the highest Price to Graham Number ratio of Techbase Industries Bhd was 2.92. The lowest was 0.25. And the median was 0.60.

XKLS:8966's Price-to-Graham-Number is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.06
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Techbase Industries Bhd  (XKLS:8966) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Apr. 2026 )
=0.05/N/A
=N/A

* 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.


Techbase Industries Bhd Graham Number Related Terms


Techbase Industries Bhd Graham Number Historical Data

* Premium members only.

The historical data trend for Techbase 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.

Techbase Industries Bhd Graham Number Chart

Techbase Industries Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 0.83 1.37 0.00 0.57

Techbase Industries Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 0.00 0.00

XKLS:8966 vs RL, LEVI, VFC: Graham Number Comparison

For the Apparel Manufacturing subindustry, Techbase 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.


Techbase Industries Bhd Price-to-Graham-Number vs Manufacturing - Apparel & Accessories Industry

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

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



Techbase Industries Bhd Graham Number Calculation

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

Techbase Industries Bhd's Graham Number for the fiscal year that ended in Jul. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.019*0.014)
=0.57

Techbase Industries Bhd's Graham Number for the quarter that ended in Apr. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.745*-0.292)
=N/A

* 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 RMN/A mean?
Techbase Industries Bhd (XKLS:8966) has a Graham Number of RMN/A as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Techbase Industries Bhd and its competitors. Over the past decade, Techbase Industries Bhd's Graham Number has ranged from 0.25 to 2.92. According to the industry distribution chart, Techbase Industries Bhd ranks #999999 out of 718 companies in the Manufacturing - Apparel & Accessories industry.
Is Techbase Industries Bhd's Graham Number too high?
Techbase Industries Bhd's current Graham Number is RMN/A. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 2.92. Based on the distribution chart, Techbase Industries Bhd ranks #999999 out of 718 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers.
How does Techbase Industries Bhd's Graham Number compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Techbase Industries Bhd ranks #999999 out of 718 companies for Graham Number. This places Techbase Industries Bhd in the lower half of its industry. The industry median Graham Number is 1.06. Historically, Techbase Industries Bhd's own Graham Number has ranged from 0.25 to 2.92 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 1.06, based on 718 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 Techbase Industries Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Graham Number is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techbase Industries Bhd's current Graham Number is RMN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techbase Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Techbase Industries Bhd (XKLS:8966) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.10, compared to a current price of RM0.05 — trading 50% below its estimated fair value. The current Graham Number is RMN/A. 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 Techbase Industries Bhd (XKLS:8966), the current Graham Number is RMN/A as of Apr. 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.

Techbase Industries Bhd Business Description

Address PTD 94657, Batu 6, Jalan Mersing, Kluang, JHR, MYS, 86000
Techbase Industries Bhd is engaged in Apparel Manufacturing and the Textile industry. Its apparel section includes products such as outerwear, tops, and bottoms, children's and adult wear. The company has four reportable operating segments: Apparel, Textile, Advertising, and Others. The majority of revenue is earned from the apparel segment.