ZCAR (Zoomcar Holdings) Graham Number: $N/A (As of Jun. 2026)

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.
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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.

What is Zoomcar Holdings Graham Number?

Zoomcar Holdings ZCAR -5.30% Graham Number is $N/A as of Jun. 2026. The stock has 6 warning signs investors should review. Among 700 Business Services companies, Zoomcar Holdings ranks worse than 142857% 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 (2026-08-23), the stock price of Zoomcar Holdings is $0.09. Zoomcar Holdings's graham number for the quarter that ended in Jun. 2026 was $N/A. Therefore, Zoomcar Holdings's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Zoomcar Holdings's Graham Number or its related term are showing as below:

ZCAR's Price-to-Graham-Number is not ranked *
in the Business Services industry.
Industry Median: 1.175
* 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.


Zoomcar Holdings  (OTCPK:ZCAR) 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.

Zoomcar Holdings's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=0.09/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.


Zoomcar Holdings Graham Number Related Terms


Zoomcar Holdings Graham Number Historical Data

* Premium members only.

The historical data trend for Zoomcar Holdings'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.

Zoomcar Holdings Graham Number Chart

Zoomcar Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Zoomcar Holdings Quarterly Data
Mar21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 0.00

ZCAR vs AITX, BDST, URI: Graham Number Comparison

For the Rental & Leasing Services subindustry, Zoomcar Holdings'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.


Zoomcar Holdings Price-to-Graham-Number vs Business Services Industry

For the Business Services industry and Industrials sector, Zoomcar Holdings's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Zoomcar Holdings's Price-to-Graham-Number falls into.



Zoomcar Holdings Graham Number Calculation

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

Zoomcar Holdings's Graham Number for the fiscal year that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-4.749*-0.9)
=N/A

Zoomcar Holdings's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-4.21*-0.831)
=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 $N/A mean?
Zoomcar Holdings (ZCAR) has a Graham Number of $N/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Zoomcar Holdings and its competitors. According to the industry distribution chart, Zoomcar Holdings ranks #999999 out of 700 companies in the Business Services industry.
Is Zoomcar Holdings' Graham Number too high?
Zoomcar Holdings' current Graham Number is $N/A. Based on the distribution chart, Zoomcar Holdings ranks #999999 out of 700 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does Zoomcar Holdings' Graham Number compare to AITX and BDST?
According to the Business Services industry distribution chart, Zoomcar Holdings ranks #999999 out of 700 companies for Graham Number. This places Zoomcar Holdings in the lower half of its industry. The industry median Graham Number is 1.18. 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 Business Services company?
The median Graham Number among Business Services companies is 1.18, based on 700 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 Zoomcar Holdings and its competitors. For the Business Services industry, the median Graham Number is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoomcar Holdings's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoomcar Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zoomcar Holdings (ZCAR) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.09 — trading 50% above its estimated fair value. The current Graham Number is $N/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 Zoomcar Holdings (ZCAR), the current Graham Number is $N/A 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.

Zoomcar Holdings Business Description

Address HAL Old Airport Road, No.147, 1st Floor, ISRO Colony, Anjaneya Techno Park, Kodihalli, Bangalore, KA, IND, 560008
Zoomcar Holdings Inc is an emerging market-focused online car sharing marketplace, based on the number of current vehicles and active users on its platform. Its platform enables car owners (Hosts) and persons in temporary need of vehicles (Guests) to connect and share the use of a Host's car, made available to Guests at mutually convenient locations. It generates revenue in the form of facilitation fees charged to Hosts, net of incentives and refunds, and trip protection charged to the Renters. Geographically, the company generates a majority of its revenue from India, followed by Egypt, Indonesia, and Vietnam.