General Motors CoGM +0.28%78 Graham Number is $126.04 as of Mar. 2026, which is 22012% above its 10-year median of 0.57. GuruFocus rates GM with a GF Score™ of 78/100 and a GF Value™ of $64.00 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 984 Vehicles & Parts companies, General Motors Co ranks better than 78.35% 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 (2026-07-08), the stock price of General Motors Co is $76.24. General Motors Co's graham number for the quarter that ended in Mar. 2026 was $126.04. Therefore, General Motors Co's Price to Graham Number ratio for today is 0.60.
The historical rank and industry rank for General Motors Co's Graham Number or its related term are showing as below:
GM'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.34 Med: 0.57 Max: 0.85
Current: 0.6
During the past 13 years, the highest Price to Graham Number ratio of General Motors Co was 0.85. The lowest was 0.34. And the median was 0.57.
GM's Price-to-Graham-Number is ranked better than 78.35% of 984
companies
in the Vehicles & Parts industry
Industry Median: 1.17
vs GM: 0.60
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
General Motors Co (NYSE:GM) 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.
General Motors Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
76.24
/
126.04
=
0.60
* 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.
General Motors Co Graham Number Related Terms
General Motors Co Graham Number Historical Data
* Premium members only.
The historical data trend for General Motors Co'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.
For the Auto Manufacturers subindustry, General Motors Co'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.
General Motors Co Price-to-Graham-Number vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, General Motors Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where General Motors Co'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.
General Motors Co (GM) has a Graham Number of $126.04 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on General Motors Co and its competitors. This is 22012% above median its historical median of 0.57. Over the past decade, General Motors Co's Graham Number has ranged from 0.34 to 0.85. According to the industry distribution chart, General Motors Co ranks #213 out of 984 companies in the Vehicles & Parts industry, placing it in the top 21.6%.
Is General Motors Co's Graham Number too high?
General Motors Co's current Graham Number of $126.04 is 22012% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.85. The Vehicles & Parts industry median Graham Number is 1.17. General Motors Co's value of $126.04 is 10672.6% above this industry median. Based on the distribution chart, General Motors Co ranks #213 out of 984 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, General Motors Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does General Motors Co's Graham Number compare to F and RIVN?
According to the Vehicles & Parts industry distribution chart, General Motors Co ranks #213 out of 984 companies for Graham Number. This places General Motors Co in the top 22% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.17. General Motors Co's value of $126.04 is 10672.6% above this benchmark. Historically, General Motors Co's own Graham Number has ranged from 0.34 to 0.85 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.17, General Motors Co has consistently been above the industry average. 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 1.17, based on 984 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. General Motors Co's current Graham Number of $126.04 is 10672.6% above the industry median. 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 General Motors Co and its competitors. For the Vehicles & Parts industry, the median Graham Number is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Motors Co's current Graham Number is $126.04, which is 22012% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Motors Co stock overvalued right now?
Based on GuruFocus' analysis, General Motors Co (GM) is currently considered Modestly Overvalued. The stock's GF Value™ is $64.00, compared to a current price of $76.24 — trading 19.1% above its estimated fair value. The current Graham Number is $126.04, which is 22012% above median its 10-year median of 0.57 and 10672.6% above the Vehicles & Parts industry median of 1.17. General Motors Co's overall GF Score™ is 78/100 with 9 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 General Motors Co (GM), the current Graham Number is $126.04 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 General Motors Co (GM) Overvalued in 2026?
Based on GuruFocus' analysis, General Motors Co stock appears to be overvalued.
The current stock price of $76.24 is trading 19.1% above its estimated GF Value™ of $64.00.
GuruFocus considers General Motors Co to be Modestly Overvalued.
Key valuation signals for GM:
Graham Number: $126.04 (22012% above median its 10-year median of 0.57)
GF Value™: $64.00 vs. price of $76.24 (19.1% above fair value)
Industry Position: 10672.6% above the Vehicles & Parts median (#213 of 984)
No single metric tells the full story. See the GM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under three segments: GM North America, GM International, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its US market share leadership in 2022, after losing it to Toyota due to the chip shortage in 2021. 2025 US share was 17.4%, up 60 basis points from 2024. The Cruise autonomous vehicle arm, which GM now owns outright, previously operated driverless geofenced AV robotaxi services in San Francisco and other cities, but after a 2023 accident, GM decided that it will focus on personal AVs. GM Financial became the company's captive finance arm in 2010 via the purchase of AmeriCredit.
78GF Score
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