Paragon Union Bhd (XKLS:9407) Graham Number: RM0.68 (As of Mar. 2026) — 37% Below 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.
Reviewed by: Charlie Tian Charlie Tian
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:9407 Paragon Union Bhd XKLS:9407
49 GF Score
Price RM1.64
GF Value RM4.06
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Paragon Union Bhd Graham Number?

Paragon Union Bhd XKLS:9407 -1.20% 49 Graham Number is RM0.68 as of Mar. 2026, which is 100% below its 10-year median of 1.08. GuruFocus rates XKLS:9407 with a GF Score™ of 49/100 and a GF Value™ of RM4.06 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 985 Vehicles & Parts companies, Paragon Union Bhd ranks worse than 78.68% 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 (2026-08-18), the stock price of Paragon Union Bhd is RM1.64. Paragon Union Bhd's graham number for the quarter that ended in Mar. 2026 was RM0.68. Therefore, Paragon Union Bhd's Price to Graham Number ratio for today is 2.42.

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

XKLS:9407' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.28   Med: 1.08   Max: 15.6
Current: 2.41

During the past 13 years, the highest Price to Graham Number ratio of Paragon Union Bhd was 15.60. The lowest was 0.28. And the median was 1.08.

XKLS:9407's Price-to-Graham-Number is ranked worse than
78.68% of 985 companies
in the Vehicles & Parts industry
Industry Median: 1.19 vs XKLS:9407: 2.41

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


Paragon Union Bhd  (XKLS:9407) 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.

Paragon Union Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=1.64/0.68
=2.42

* 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.


Paragon Union Bhd Graham Number Related Terms


Paragon Union Bhd Graham Number Historical Data

* Premium members only.

The historical data trend for Paragon Union 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.

Paragon Union Bhd Graham Number Chart

Paragon Union Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.00 0.00 0.00 0.00

Paragon Union 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 0.00 0.00 0.00 0.37 0.68

XKLS:9407 vs ORLY, AZO: Graham Number Comparison

For the Auto Parts subindustry, Paragon Union 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.


Paragon Union Bhd Price-to-Graham-Number vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Paragon Union Bhd's Price-to-Graham-Number distribution charts can be found below:

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


XKLS:9407
49GF Score
Paragon Union Bhd XKLS:9407
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paragon Union Bhd Graham Number Calculation

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

Paragon Union Bhd's Graham Number for the fiscal year that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.889*-0.063)
=N/A

Paragon Union 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*1.02*0.02)
=0.68

* 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 RM0.68 mean?
Paragon Union Bhd (XKLS:9407) has a Graham Number of RM0.68 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Paragon Union Bhd and its competitors. This is 37% below median its historical median of 1.08. Over the past decade, Paragon Union Bhd's Graham Number has ranged from 0.28 to 15.60. According to the industry distribution chart, Paragon Union Bhd ranks #775 out of 985 companies in the Vehicles & Parts industry, placing it in the top 78.7%.
Is Paragon Union Bhd's Graham Number too high?
Paragon Union Bhd's current Graham Number of RM0.68 is 37% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 15.60. Based on the distribution chart, Paragon Union Bhd ranks #775 out of 985 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Paragon Union Bhd has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paragon Union Bhd's Graham Number compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Paragon Union Bhd ranks #775 out of 985 companies for Graham Number. This places Paragon Union Bhd in the lower half of its industry. The industry median Graham Number is 1.19. Historically, Paragon Union Bhd's own Graham Number has ranged from 0.28 to 15.60 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 Vehicles & Parts company?
The median Graham Number among Vehicles & Parts companies is 1.19, based on 985 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 Paragon Union Bhd and its competitors. For the Vehicles & Parts industry, the median Graham Number is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paragon Union Bhd's current Graham Number is RM0.68, which is 37% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Union Bhd stock overvalued right now?
Based on GuruFocus' analysis, Paragon Union Bhd (XKLS:9407) is currently considered Significantly Undervalued. The stock's GF Value™ is RM4.06, compared to a current price of RM1.64 — trading 59.6% below its estimated fair value. The current Graham Number is RM0.68, which is 37% below median its 10-year median of 1.08. Paragon Union Bhd's overall GF Score™ is 49/100 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 Paragon Union Bhd (XKLS:9407), the current Graham Number is RM0.68 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 Paragon Union Bhd (XKLS:9407) Overvalued in 2026?

Based on GuruFocus' analysis, Paragon Union Bhd stock appears to be undervalued. The current stock price of RM1.64 is trading 59.6% below its estimated GF Value™ of RM4.06. GuruFocus considers Paragon Union Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:9407:

  • Graham Number: RM0.68 (37% below median its 10-year median of 1.08)
  • GF Value™: RM4.06 vs. price of RM1.64 (59.6% below fair value)
  • GF Score™: 49/100 with 4 warning signs

No single metric tells the full story. See the XKLS:9407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paragon Union Bhd Business Description

Address Lot 14 Jalan CJ 1/1, Kawasan Perindustrian Cheras Jaya, Batu 11, Cheras, SGR, MYS, 43200
Paragon Union Bhd, through its subsidiaries, engages in the manufacturing and distribution of commercial carpets, rugs, automotive carpets, and NVH components. It has three reportable business segments: Automotive, Recycling, and Commercial. The Automotive segment covers car carpets and components, while the Commercial segment produces commercial carpets. The Recycling segment includes metal recycling and waste management. The Automotive segment generates the highest revenue for the company. Geographically, the company operates in Malaysia, Australia, China, Hong Kong, and other markets, with the majority of revenue derived from Malaysia.
49GF Score

Get the complete analysis for XKLS:9407

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

RM1.64
Price
RM4.06
GF Value