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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 (2026-07-30), the stock price of Bridgeline Digital is $1.145. Bridgeline Digital's graham number for the quarter that ended in Mar. 2026 was $N/A. Therefore, Bridgeline Digital's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Bridgeline Digital's Graham Number or its related term are showing as below:
BLIN's Price-to-Graham-Number is not ranked *
in the Software industry.
Industry Median: 1.86 * 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.
Bridgeline Digital (NAS:BLIN) 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.
Bridgeline Digital's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
1.145
/
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.
Bridgeline Digital Graham Number Related Terms
Bridgeline Digital Graham Number Historical Data
* Premium members only.
The historical data trend for Bridgeline Digital'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.
BLIN vs AIXC, HPAI, CHOW: Graham Number Comparison
For the Software - Infrastructure subindustry, Bridgeline Digital'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.
Bridgeline Digital Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, Bridgeline Digital's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Bridgeline Digital'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.
Bridgeline Digital (BLIN) 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 Bridgeline Digital and its competitors. According to the industry distribution chart, Bridgeline Digital ranks #999999 out of 1479 companies in the Software industry.
Is Bridgeline Digital's Graham Number too high?
Bridgeline Digital's current Graham Number is $N/A. Based on the distribution chart, Bridgeline Digital ranks #999999 out of 1479 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Bridgeline Digital has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bridgeline Digital's Graham Number compare to AIXC and HPAI?
According to the Software industry distribution chart, Bridgeline Digital ranks #999999 out of 1479 companies for Graham Number. This places Bridgeline Digital in the lower half of its industry. The industry median Graham Number is 1.86. 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 1,479 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 Bridgeline Digital 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. Bridgeline Digital'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 Bridgeline Digital stock overvalued right now?
Based on GuruFocus' analysis, Bridgeline Digital (BLIN) is currently considered Fairly Valued. The stock's GF Value™ is $1.07, compared to a current price of $1.15 — trading 7% above its estimated fair value. The current Graham Number is $N/A. Bridgeline Digital's overall GF Score™ is 56/100 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 Bridgeline Digital (BLIN), 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 Bridgeline Digital (BLIN) Overvalued in 2026?
Based on GuruFocus' analysis, Bridgeline Digital stock appears to be overvalued.
The current stock price of $1.15 is trading 7% above its estimated GF Value™ of $1.07.
GuruFocus considers Bridgeline Digital to be Fairly Valued.
Key valuation signals for BLIN:
Graham Number: $N/A
GF Value™: $1.07 vs. price of $1.15 (7% above fair value)
No single metric tells the full story. See the BLIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bridgeline Digital Inc is a AI-powered marketing technology company that offers a suite of products that help companies grow online revenue by driving more traffic to their websites, converting more visitors to purchasers, and increasing average order value. Company software is available through a cloud-based Software as a Service (SaaS) model. It helps to maximize the performance of critical websites, intranets, and online stores. The company generates revenue from digital engagement services, subscription, perpetual licenses, maintenance, and hosting. Geographically, it derives a majority of revenue from the United States.
56GF Score
Get the complete analysis for BLIN
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