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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 (2026-07-22), the stock price of Fable Media Group AB is kr5.86. Fable Media Group AB's graham number for the quarter that ended in Mar. 2026 was krN/A. Therefore, Fable Media Group AB's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Fable Media Group AB's Graham Number or its related term are showing as below:
XSAT:FABLE's Price-to-Graham-Number is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.24 * 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.
Fable Media Group AB (XSAT:FABLE) 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.
Fable Media Group AB's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
5.86
/
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.
Fable Media Group AB Graham Number Related Terms
Fable Media Group AB Graham Number Historical Data
* Premium members only.
The historical data trend for Fable Media Group AB'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.
XSAT:FABLE vs FLUT, DKNG, SGHC: Graham Number Comparison
For the Gambling subindustry, Fable Media Group AB'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.
Fable Media Group AB Price-to-Graham-Number vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Fable Media Group AB's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Fable Media Group AB'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.
Fable Media Group AB (XSAT:FABLE) has a Graham Number of krN/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Fable Media Group AB and its competitors. According to the industry distribution chart, Fable Media Group AB ranks #999999 out of 492 companies in the Travel & Leisure industry.
Is Fable Media Group AB's Graham Number too high?
Fable Media Group AB's current Graham Number is krN/A. Based on the distribution chart, Fable Media Group AB ranks #999999 out of 492 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Fable Media Group AB has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fable Media Group AB's Graham Number compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Fable Media Group AB ranks #999999 out of 492 companies for Graham Number. This places Fable Media Group AB in the lower half of its industry. The industry median Graham Number is 1.24. 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 Travel & Leisure company?
The median Graham Number among Travel & Leisure companies is 1.24, based on 492 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 Fable Media Group AB and its competitors. For the Travel & Leisure industry, the median Graham Number is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fable Media Group AB's current Graham Number is krN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fable Media Group AB stock overvalued right now?
Based on GuruFocus' analysis, Fable Media Group AB (XSAT:FABLE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr4.32, compared to a current price of kr5.86 — trading 35.6% above its estimated fair value. The current Graham Number is krN/A. Fable Media Group AB's overall GF Score™ is 57/100 with 6 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 Fable Media Group AB (XSAT:FABLE), the current Graham Number is krN/A 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 Fable Media Group AB (XSAT:FABLE) Overvalued in 2026?
Based on GuruFocus' analysis, Fable Media Group AB stock appears to be overvalued.
The current stock price of kr5.86 is trading 35.6% above its estimated GF Value™ of kr4.32.
GuruFocus considers Fable Media Group AB to be Significantly Overvalued.
Key valuation signals for XSAT:FABLE:
Graham Number: krN/A
GF Value™: kr4.32 vs. price of kr5.86 (35.6% above fair value)
No single metric tells the full story. See the XSAT:FABLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fable Media Group AB invests in and develops services within lead generation, also known as affiliate marketing or performance-based marketing. The group is also engaged in promoting online sports betting operators.
57GF Score
Get the complete analysis for XSAT:FABLE
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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