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Raiz InvestASX:RZI -1.87%44 Graham Number is A$0.37 as of Dec. 2025, which is 100% below its 10-year median of 2.07. GuruFocus rates ASX:RZI with a GF Score™ of 44/100 and a GF Value™ of A$0.65 (Modestly Undervalued). Among 1,478 Software companies, Raiz Invest ranks better than 62.52% 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 (2026-07-17), the stock price of Raiz Invest is A$0.525. Raiz Invest's graham number for the quarter that ended in Dec. 2025 was A$0.37. Therefore, Raiz Invest's Price to Graham Number ratio for today is 1.44.
The historical rank and industry rank for Raiz Invest's Graham Number or its related term are showing as below:
ASX:RZI'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.42 Med: 2.07 Max: 2.07
Current: 1.42
During the past 9 years, the highest Price to Graham Number ratio of Raiz Invest was 2.07. The lowest was 1.42. And the median was 2.07.
ASX:RZI's Price-to-Graham-Number is ranked better than 62.52% of 1478
companies
in the Software industry
Industry Median: 1.87
vs ASX:RZI: 1.42
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Raiz Invest (ASX:RZI) 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.
Raiz Invest's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
0.525
/
0.37
=
1.44
* 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.
Raiz Invest Graham Number Related Terms
Raiz Invest Graham Number Historical Data
* Premium members only.
The historical data trend for Raiz Invest'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.
ASX:RZI vs MSFT, ORCL, PLTR: Graham Number Comparison
For the Software - Infrastructure subindustry, Raiz Invest'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.
Raiz Invest Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, Raiz Invest's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Raiz Invest'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.
Raiz Invest (ASX:RZI) has a Graham Number of A$0.37 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Raiz Invest and its competitors. This is 82% below median its historical median of 2.07. Over the past decade, Raiz Invest's Graham Number has ranged from 1.42 to 2.07. According to the industry distribution chart, Raiz Invest ranks #554 out of 1478 companies in the Software industry, placing it in the top 37.5%.
Is Raiz Invest's Graham Number too high?
Raiz Invest's current Graham Number of A$0.37 is 82% below median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 2.07. Based on the distribution chart, Raiz Invest ranks #554 out of 1478 companies in the Software industry, which is above the industry midpoint. Overall, Raiz Invest has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Raiz Invest's Graham Number compare to MSFT and ORCL?
According to the Software industry distribution chart, Raiz Invest ranks #554 out of 1478 companies for Graham Number. This puts Raiz Invest in the upper half of its industry. The industry median Graham Number is 1.87. Historically, Raiz Invest's own Graham Number has ranged from 1.42 to 2.07 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 Software company?
The median Graham Number among Software companies is 1.87, based on 1,478 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 Raiz Invest 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. Raiz Invest's current Graham Number is A$0.37, which is 82% below median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raiz Invest stock overvalued right now?
Based on GuruFocus' analysis, Raiz Invest (ASX:RZI) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.65, compared to a current price of A$0.53 — trading 19.2% below its estimated fair value. The current Graham Number is A$0.37, which is 82% below median its 10-year median of 2.07. Raiz Invest's overall GF Score™ is 44/100. 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 Raiz Invest (ASX:RZI), the current Graham Number is A$0.37 as of Dec. 2025. 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 Raiz Invest (ASX:RZI) Overvalued in 2026?
Based on GuruFocus' analysis, Raiz Invest stock appears to be undervalued.
The current stock price of A$0.53 is trading 19.2% below its estimated GF Value™ of A$0.65.
GuruFocus considers Raiz Invest to be Modestly Undervalued.
Key valuation signals for ASX:RZI:
Graham Number: A$0.37 (82% below median its 10-year median of 2.07)
GF Value™: A$0.65 vs. price of A$0.53 (19.2% below fair value)
No single metric tells the full story. See the ASX:RZI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Raiz Invest Ltd provides financial services and products through its mobile-first micro-investing platform which offers its customers an easy way to regularly invest either small or large amounts of money using the Raiz mobile application or through the Raiz website in Australia. The company products include Raiz Rewards, Raiz Kids, and Raiz Property Fund.
44GF Score
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