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.
The historical rank and industry rank for American Outdoor Brands's Graham Number or its related term are showing as below:
During the past 9 years, the highest Price to Graham Number ratio of American Outdoor Brands was 1.58. The lowest was 0.62. And the median was 0.95.
AOUT's Price-to-Graham-Number is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.25 * 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.
American Outdoor Brands (NAS:AOUT) 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.
American Outdoor Brands's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Apr. 2026 )
=
13.40
/
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.
American Outdoor Brands Graham Number Related Terms
American Outdoor Brands Graham Number Historical Data
* 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.
AOUT vs PLBY, CLAR, PUSA: Graham Number Comparison
For the Leisure subindustry, American Outdoor Brands'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.
American Outdoor Brands Price-to-Graham-Number vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, American Outdoor Brands's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where American Outdoor Brands'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.
American Outdoor Brands (AOUT) has a Graham Number of $N/A as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on American Outdoor Brands and its competitors. Over the past decade, American Outdoor Brands' Graham Number has ranged from 0.62 to 1.58. According to the industry distribution chart, American Outdoor Brands ranks #999999 out of 495 companies in the Travel & Leisure industry.
Is American Outdoor Brands' Graham Number too high?
American Outdoor Brands' current Graham Number is $N/A. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.58. Based on the distribution chart, American Outdoor Brands ranks #999999 out of 495 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, American Outdoor Brands has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Outdoor Brands' Graham Number compare to PLBY and CLAR?
According to the Travel & Leisure industry distribution chart, American Outdoor Brands ranks #999999 out of 495 companies for Graham Number. This places American Outdoor Brands in the lower half of its industry. The industry median Graham Number is 1.25. Historically, American Outdoor Brands' own Graham Number has ranged from 0.62 to 1.58 over the past decade. 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 1.25, based on 495 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 American Outdoor Brands and its competitors. For the Travel & Leisure industry, the median Graham Number is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Outdoor Brands'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 American Outdoor Brands stock overvalued right now?
Based on GuruFocus' analysis, American Outdoor Brands (AOUT) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.05, compared to a current price of $13.40 — trading 48.1% above its estimated fair value. The current Graham Number is $N/A. American Outdoor Brands' overall GF Score™ is 52/100 with 5 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 American Outdoor Brands (AOUT), the current Graham Number is $N/A as of Apr. 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 American Outdoor Brands (AOUT) Overvalued in 2026?
Based on GuruFocus' analysis, American Outdoor Brands stock appears to be overvalued.
The current stock price of $13.40 is trading 48.1% above its estimated GF Value™ of $9.05.
GuruFocus considers American Outdoor Brands to be Significantly Overvalued.
Key valuation signals for AOUT:
Graham Number: $N/A
GF Value™: $9.05 vs. price of $13.40 (48.1% above fair value)
No single metric tells the full story. See the AOUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American Outdoor Brands Inc is engaged in the business of providing outdoor products and accessories for hunting, fishing, camping, shooting, and personal security and defense products. The company designs and produces products and accessories, including shooting supplies, rest, vaults, and other related accessories; premium sportsman knives and tools for fishing and hunting; land management tools for hunting preparedness; harvesting products for post-hunt or post-fishing activities; electro-optical devices, including hunting optics, firearm aiming devices, flashlights, and laser grips; reloading, gunsmithing, and firearm cleaning supplies; and survival, camping, and emergency preparedness products.
52GF Score
Get the complete analysis for AOUT
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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