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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 (2026-08-01), the stock price of Aeva Technologies is $17.54. Aeva Technologies's graham number for the quarter that ended in Mar. 2026 was $N/A. Therefore, Aeva Technologies's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Aeva Technologies's Graham Number or its related term are showing as below:
AEVA's Price-to-Graham-Number is not ranked *
in the Software industry.
Industry Median: 1.87 * 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.
Aeva Technologies (NAS:AEVA) 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.
Aeva Technologies's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
17.54
/
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.
Aeva Technologies Graham Number Related Terms
Aeva Technologies Graham Number Historical Data
* Premium members only.
The historical data trend for Aeva Technologies'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 Software - Infrastructure subindustry, Aeva Technologies'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.
Aeva Technologies Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, Aeva Technologies's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Aeva Technologies'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.
Aeva Technologies (AEVA) has a Graham Number of $N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Aeva Technologies and its competitors. According to the industry distribution chart, Aeva Technologies ranks #999999 out of 1477 companies in the Software industry.
Is Aeva Technologies' Graham Number too high?
Aeva Technologies' current Graham Number is $N/A. Based on the distribution chart, Aeva Technologies ranks #999999 out of 1477 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Aeva Technologies has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aeva Technologies' Graham Number compare to RXT and TUYA?
According to the Software industry distribution chart, Aeva Technologies ranks #999999 out of 1477 companies for Graham Number. This places Aeva Technologies in the lower half of its industry. The industry median Graham Number is 1.87. 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 Software company?
The median Graham Number among Software companies is 1.87, based on 1,477 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 Aeva Technologies and its competitors. For the Software industry, the median Graham Number is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeva Technologies'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 Aeva Technologies stock overvalued right now?
Based on GuruFocus' analysis, Aeva Technologies (AEVA) is currently considered Fairly Valued. The stock's GF Value™ is $17.10, compared to a current price of $17.54 — trading 2.6% above its estimated fair value. The current Graham Number is $N/A. Aeva Technologies' overall GF Score™ is 71/100 with 7 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 Aeva Technologies (AEVA), the current Graham Number is $N/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 Aeva Technologies (AEVA) Overvalued in 2026?
Based on GuruFocus' analysis, Aeva Technologies stock appears to be overvalued.
The current stock price of $17.54 is trading 2.6% above its estimated GF Value™ of $17.10.
GuruFocus considers Aeva Technologies to be Fairly Valued.
Key valuation signals for AEVA:
Graham Number: $N/A
GF Value™: $17.10 vs. price of $17.54 (2.6% above fair value)
No single metric tells the full story. See the AEVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aeva Technologies Inc through its Frequency Modulated Continuous Wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that, along with its proprietary software applications, has the potential to enable the adoption of LiDAR across broad applications from automated driving to consumer electronics, consumer health, industrial automation, and security application. The 4D LiDAR sensors are designed to detect both velocity and position, supporting perception and decision-making in automated systems. The company operates in North America, EMEA, and Asia. The company's revenue consists of sales of perception solutions or sensing systems and non-recurring engineering services. Geographically, it derives the majority of its revenue from North America.
71GF Score
Get the complete analysis for AEVA
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