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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.
As of today (2026-09-06), the stock price of Mahalaxmi Bikas Bank is NPR344.00. Mahalaxmi Bikas Bank's graham number for the quarter that ended in Jul. 2026 was NPR275.69. Therefore, Mahalaxmi Bikas Bank's Price to Graham Number ratio for today is 1.25.
The historical rank and industry rank for Mahalaxmi Bikas Bank's Graham Number or its related term are showing as below:
XNEP:MLBL'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.69 Med: 1.57 Max: 2.18
Current: 1.25
During the past 13 years, the highest Price to Graham Number ratio of Mahalaxmi Bikas Bank was 2.18. The lowest was 0.69. And the median was 1.57.
XNEP:MLBL's Price-to-Graham-Number is ranked worse than 86.11% of 1425
companies
in the Banks industry
Industry Median: 0.82
vs XNEP:MLBL: 1.25
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Mahalaxmi Bikas Bank (XNEP:MLBL) 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.
Mahalaxmi Bikas Bank's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jul. 2026 )
=
344.00
/
275.69
=
1.25
* 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.
Mahalaxmi Bikas Bank Graham Number Related Terms
Mahalaxmi Bikas Bank Graham Number Historical Data
* Premium members only.
The historical data trend for Mahalaxmi Bikas Bank'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.
Mahalaxmi Bikas Bank Graham Number Competitor Comparison
For the Banks - Regional subindustry, Mahalaxmi Bikas Bank'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.
Mahalaxmi Bikas Bank Price-to-Graham-Number vs Banks Industry
For the Banks industry and Financial Services sector, Mahalaxmi Bikas Bank's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Mahalaxmi Bikas Bank'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.
Mahalaxmi Bikas Bank (XNEP:MLBL) has a Graham Number of NPR275.69 as of Jul. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Mahalaxmi Bikas Bank and its competitors. According to the industry distribution chart, Mahalaxmi Bikas Bank ranks #1227 out of 1425 companies in the Banks industry, placing it in the top 86.1%.
Is Mahalaxmi Bikas Bank's Graham Number too high?
Mahalaxmi Bikas Bank's current Graham Number is NPR275.69. Based on the distribution chart, Mahalaxmi Bikas Bank ranks #1227 out of 1425 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Mahalaxmi Bikas Bank has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mahalaxmi Bikas Bank's Graham Number compare to competitors?
According to the Banks industry distribution chart, Mahalaxmi Bikas Bank ranks #1227 out of 1425 companies for Graham Number. This places Mahalaxmi Bikas Bank in the lower half of its industry. The industry median Graham Number is 0.82. 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 Banks company?
The median Graham Number among Banks companies is 0.82, based on 1,425 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 Mahalaxmi Bikas Bank and its competitors. For the Banks industry, the median Graham Number is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahalaxmi Bikas Bank's current Graham Number is NPR275.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahalaxmi Bikas Bank stock overvalued right now?
Based on GuruFocus' analysis, Mahalaxmi Bikas Bank (XNEP:MLBL) is currently considered Fairly Valued. The stock's GF Value™ is NPR376.67, compared to a current price of NPR344.00 — trading 8.7% below its estimated fair value. The current Graham Number is NPR275.69. Mahalaxmi Bikas Bank's overall GF Score™ is 86/100 with 1 warning sign 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 Mahalaxmi Bikas Bank (XNEP:MLBL), the current Graham Number is NPR275.69 as of Jul. 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 Mahalaxmi Bikas Bank (XNEP:MLBL) Overvalued in 2026?
Based on GuruFocus' analysis, Mahalaxmi Bikas Bank stock appears to be undervalued.
The current stock price of NPR344.00 is trading 8.7% below its estimated GF Value™ of NPR376.67.
GuruFocus considers Mahalaxmi Bikas Bank to be Fairly Valued.
Key valuation signals for XNEP:MLBL:
Graham Number: NPR275.69
GF Value™: NPR376.67 vs. price of NPR344.00 (8.7% below fair value)
No single metric tells the full story. See the XNEP:MLBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mahalaxmi Bikas Bank Ltd is engaged in providing banking products and services. The bank's principal offerings include comprehensive range of financial services encompassing accepting of deposits, corporate and retail credit, project financing, hire purchase financing, micro credit, trade financing, personal and corporate banking, foreign currency operations, digital products such as debit cards, internet banking, mobile banking, QR services, demat service, remittance facilities including dealing in government securities and treasury related products, agency services and others ancillary services. The bank has four segments namely: Business Banking, Treasury, Card and remittance.
86GF Score
Get the complete analysis for XNEP:MLBL
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