π Graham Number Calculator
Calculate Benjamin Graham's intrinsic stock value using EPS and Book Value per Share.
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Graham Number Formula
Graham Number = β(22.5 Γ EPS Γ BVPS)
Benjamin Graham suggested the maximum P/E Γ P/B should be 22.5 (15 Γ 1.5). The Graham Number represents the upper bound of fair value for a defensive investor. Stocks trading significantly below this offer a margin of safety.
Graham NumberBenjamin GrahamValue InvestingIntrinsic ValueMargin of Safety