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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 (2026-07-31), the stock price of Brightstar Lottery is $9.985. Brightstar Lottery's graham number for the quarter that ended in Mar. 2026 was $N/A. Therefore, Brightstar Lottery's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Brightstar Lottery's Graham Number or its related term are showing as below:
BRSL'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.
Brightstar Lottery (NYSE:BRSL) 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.
Brightstar Lottery's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
9.985
/
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.
Brightstar Lottery Graham Number Related Terms
Brightstar Lottery Graham Number Historical Data
* Premium members only.
The historical data trend for Brightstar Lottery'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.
For the Gambling subindustry, Brightstar Lottery'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.
Brightstar Lottery Price-to-Graham-Number vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Brightstar Lottery's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Brightstar Lottery'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.
Brightstar Lottery (BRSL) 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 Brightstar Lottery and its competitors. According to the industry distribution chart, Brightstar Lottery ranks #999999 out of 495 companies in the Travel & Leisure industry.
Is Brightstar Lottery's Graham Number too high?
Brightstar Lottery's current Graham Number is $N/A. Based on the distribution chart, Brightstar Lottery ranks #999999 out of 495 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Brightstar Lottery has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Brightstar Lottery's Graham Number compare to ACEL and RSI?
According to the Travel & Leisure industry distribution chart, Brightstar Lottery ranks #999999 out of 495 companies for Graham Number. This places Brightstar Lottery in the lower half of its industry. The industry median Graham Number is 1.25. 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 Brightstar Lottery 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. Brightstar Lottery'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 Brightstar Lottery stock overvalued right now?
Based on GuruFocus' analysis, Brightstar Lottery (BRSL) is currently considered Possible Value Trap. The stock's GF Value™ is $18.97, compared to a current price of $9.99 — trading 47.4% below its estimated fair value. The current Graham Number is $N/A. Brightstar Lottery's overall GF Score™ is 60/100 with 6 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 Brightstar Lottery (BRSL), 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 Brightstar Lottery (BRSL) Overvalued in 2026?
Based on GuruFocus' analysis, Brightstar Lottery stock appears to be undervalued.
The current stock price of $9.99 is trading 47.4% below its estimated GF Value™ of $18.97.
GuruFocus considers Brightstar Lottery to be Possible Value Trap.
Key valuation signals for BRSL:
Graham Number: $N/A
GF Value™: $18.97 vs. price of $9.99 (47.4% below fair value)
No single metric tells the full story. See the BRSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brightstar Lottery PLC is a pure-play lottery company focused on innovation, delivering secure technology and comprehensive lottery solutions. The Company operates lottery management services and instant lottery systems, and runs an international land-based lottery and iLottery business covering sales, operations, product development, technology, and support, while serving as an iLottery platform provider. Lottery services are delivered through operating contracts, FMCs, LMAs, iLottery, and product sales contracts, including the Italian Lotto license and Italian Scratch and Win (Gratta e Vinci) lottery license. The majority of revenue comes from operating contracts and FMCs. Brightstar operates in the US, Italy, Rest of Europe, and Others, with the majority of revenue coming from the US.
60GF Score
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