Appier GroupAPPIF 70 Graham Number is $1.95 as of Mar. 2026, which is 67% below its 10-year median of 5.83. GuruFocus rates APPIF with a GF Score™ of 70/100 and a GF Value™ of $14.03 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,468 Software companies, Appier Group ranks worse than 70.78% 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 Appier Group is $4.80. Appier Group's graham number for the quarter that ended in Mar. 2026 was $1.95. Therefore, Appier Group's Price to Graham Number ratio for today is 2.46.
The historical rank and industry rank for Appier Group's Graham Number or its related term are showing as below:
APPIF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.6 Med: 5.83 Max: 45.36
Current: 2.91
During the past 9 years, the highest Price to Graham Number ratio of Appier Group was 45.36. The lowest was 2.60. And the median was 5.83.
APPIF's Price-to-Graham-Number is ranked worse than 70.78% of 1468
companies
in the Software industry
Industry Median: 1.86
vs APPIF: 2.91
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Appier Group (OTCPK:APPIF) 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.
Appier Group's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
4.80
/
1.95
=
2.46
* 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.
Appier Group Graham Number Related Terms
Appier Group Graham Number Historical Data
* Premium members only.
The historical data trend for Appier 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.
APPIF vs MSFT, ORCL, PLTR: Graham Number Comparison
For the Software - Infrastructure subindustry, Appier 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.
Appier Group Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, Appier Group's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Appier Group'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.
Appier Group (APPIF) has a Graham Number of $1.95 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Appier Group and its competitors. This is 67% below median its historical median of 5.83. Over the past decade, Appier Group's Graham Number has ranged from 2.60 to 45.36. According to the industry distribution chart, Appier Group ranks #1039 out of 1468 companies in the Software industry, placing it in the top 70.8%.
Is Appier Group's Graham Number too high?
Appier Group's current Graham Number of $1.95 is 67% below median its 10-year median of 5.83. Over the past 10 years, this metric has ranged from a low of 2.60 to a high of 45.36. The Software industry median Graham Number is 1.86. Appier Group's value of $1.95 is 4.8% above this industry median. Based on the distribution chart, Appier Group ranks #1039 out of 1468 companies in the Software industry, which is below the industry midpoint. Overall, Appier Group has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Appier Group's Graham Number compare to MSFT and ORCL?
According to the Software industry distribution chart, Appier Group ranks #1039 out of 1468 companies for Graham Number. This places Appier Group in the lower half of its industry. The industry median Graham Number is 1.86. Appier Group's value of $1.95 is 4.8% above this benchmark. Historically, Appier Group's own Graham Number has ranged from 2.60 to 45.36 over the past decade. While the company's 10-year median is 5.83 vs. the industry median of 1.86, Appier Group 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 Software company?
The median Graham Number among Software companies is 1.86, based on 1,468 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. Appier Group's current Graham Number of $1.95 is 4.8% 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 Appier Group and its competitors. For the Software industry, the median Graham Number is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appier Group's current Graham Number is $1.95, which is 67% below median its own 10-year median of 5.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appier Group stock overvalued right now?
Based on GuruFocus' analysis, Appier Group (APPIF) is currently considered Significantly Undervalued. The stock's GF Value™ is $14.03, compared to a current price of $4.80 — trading 65.8% below its estimated fair value. The current Graham Number is $1.95, which is 67% below median its 10-year median of 5.83 and 4.8% above the Software industry median of 1.86. Appier Group's overall GF Score™ is 70/100 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 Appier Group (APPIF), the current Graham Number is $1.95 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 Appier Group (APPIF) Overvalued in 2026?
Based on GuruFocus' analysis, Appier Group stock appears to be undervalued.
The current stock price of $4.80 is trading 65.8% below its estimated GF Value™ of $14.03.
GuruFocus considers Appier Group to be Significantly Undervalued.
Key valuation signals for APPIF:
Graham Number: $1.95 (67% below median its 10-year median of 5.83)
GF Value™: $14.03 vs. price of $4.80 (65.8% below fair value)
Industry Position: 4.8% above the Software median (#1039 of 1468)
No single metric tells the full story. See the APPIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Appier Group Inc is a technology company that enables businesses with artificial intelligence to grow and succeed based on data-driven decisions. The product portfolio includes: Ad Cloud, Personalization Cloud, Data Cloud, Product Synergy, and Appier AI Agent. The software solutions are used by the following industries: E-Commerce, Retail, Finance & Insurance, gaming, and automobile.
70GF Score
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