APG (APi Group) Graham Number: $N/A (As of Mar. 2026)


APG APi Group Corp APG
78 GF Score
Price $41.36
GF Value $26.75
Valuation Significantly Overvalued
! 3 Warning Signs
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What is APi Group Graham Number?

APi Group APG -0.65% 78 Graham Number is $N/A as of Mar. 2026. GuruFocus rates APG with a GF Score™ of 78/100 and a GF Value™ of $26.75 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,215 Construction companies, APi Group ranks worse than 82304.44% 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 (2026-07-10), the stock price of APi Group is $41.36. APi Group's graham number for the quarter that ended in Mar. 2026 was $N/A. Therefore, APi Group's Price to Graham Number ratio for today is N/A.

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

During the past 8 years, the highest Price to Graham Number ratio of APi Group was 6.96. The lowest was 2.84. And the median was 5.45.

APG's Price-to-Graham-Number is not ranked *
in the Construction industry.
Industry Median: 1.01
* 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.


APi Group  (NYSE:APG) 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.

APi Group's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=41.36/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.


APi Group Graham Number Related Terms


APi Group Graham Number Historical Data

* Premium members only.

The historical data trend for APi Group'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.

APi Group Graham Number Chart

APi Group Annual Data
Trend Dec17 Aug18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial 3.92 0.00 0.00 0.00 0.00

APi Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

APG vs J, DY, IESC: Graham Number Comparison

For the Engineering & Construction subindustry, APi Group'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.


APi Group Price-to-Graham-Number vs Construction Industry

For the Construction industry and Industrials sector, APi Group's Price-to-Graham-Number distribution charts can be found below:

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


APG
78GF Score
APi Group Corp APG
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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APi Group Graham Number Calculation

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

APi Group's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-3.229*1.48)
=N/A

APi Group's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-3.377*1.43)
=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?
APi Group (APG) 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 APi Group and its competitors. Over the past decade, APi Group's Graham Number has ranged from 2.84 to 6.96. According to the industry distribution chart, APi Group ranks #999999 out of 1215 companies in the Construction industry.
Is APi Group's Graham Number too high?
APi Group's current Graham Number is $N/A. Over the past 10 years, this metric has ranged from a low of 2.84 to a high of 6.96. Based on the distribution chart, APi Group ranks #999999 out of 1215 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, APi Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does APi Group's Graham Number compare to J and DY?
According to the Construction industry distribution chart, APi Group ranks #999999 out of 1215 companies for Graham Number. This places APi Group in the lower half of its industry. The industry median Graham Number is 1.01. Historically, APi Group's own Graham Number has ranged from 2.84 to 6.96 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 Construction company?
The median Graham Number among Construction companies is 1.01, based on 1,215 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 APi Group and its competitors. For the Construction industry, the median Graham Number is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APi Group'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 APi Group stock overvalued right now?
Based on GuruFocus' analysis, APi Group (APG) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.75, compared to a current price of $41.36 — trading 54.6% above its estimated fair value. The current Graham Number is $N/A. APi Group's overall GF Score™ is 78/100 with 3 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 APi Group (APG), 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 APi Group (APG) Overvalued in 2026?

Based on GuruFocus' analysis, APi Group stock appears to be overvalued. The current stock price of $41.36 is trading 54.6% above its estimated GF Value™ of $26.75. GuruFocus considers APi Group to be Significantly Overvalued.

Key valuation signals for APG:

  • Graham Number: $N/A
  • GF Value™: $26.75 vs. price of $41.36 (54.6% above fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the APG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


APi Group Business Description

Other Exchanges 4XY:Germany
Address c/o APi Group, Inc, 1100 Old Highway 8 NW, New Brighton, MN, USA, 55112
APi Group Corp operates in two segments: Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.
78GF Score

Get the complete analysis for APG

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$41.36
Price
$26.75
GF Value