Flowserve (BSP:F1LS34) Graham Number: R$109.36 (As of Mar. 2026) — 2793% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BSP:F1LS34 Flowserve Corp BSP:F1LS34
84 GF Score
Price R$410.66
GF Value R$327.35
! 2 Warning Signs
View Full Analysis

What is Flowserve Graham Number?

Flowserve BSP:F1LS34 84 Graham Number is R$109.36 as of Mar. 2026, which is 100% below its 10-year median of 3.78. GuruFocus rates BSP:F1LS34 with a GF Score™ of 84/100 and a GF Value™ of R$327.35. The stock has 2 warning signs investors should review. Among 2,200 Industrial Products companies, Flowserve ranks worse than 76.95% 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 (2026-07-21), the stock price of Flowserve is R$410.66. Flowserve's graham number for the quarter that ended in Mar. 2026 was R$109.36. Therefore, Flowserve's Price to Graham Number ratio for today is 3.76.

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

BSP:F1LS34' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.57   Med: 3.78   Max: 9.16
Current: 3.24

During the past 13 years, the highest Price to Graham Number ratio of Flowserve was 9.16. The lowest was 2.57. And the median was 3.78.

BSP:F1LS34's Price-to-Graham-Number is ranked worse than
76.95% of 2200 companies
in the Industrial Products industry
Industry Median: 1.675 vs BSP:F1LS34: 3.24

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Flowserve  (BSP:F1LS34) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=410.66/109.36
=3.76

* 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.


Flowserve Graham Number Related Terms


Flowserve Graham Number Historical Data

* Premium members only.

The historical data trend for Flowserve'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.

Flowserve Graham Number Chart

Flowserve Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.98 52.22 73.98 94.61 107.39

Flowserve 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 88.18 100.31 110.33 105.47 109.36

BSP:F1LS34 vs GTLS, AOS, DCI: Graham Number Comparison

For the Specialty Industrial Machinery subindustry, Flowserve'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.


Flowserve Price-to-Graham-Number vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Flowserve's Price-to-Graham-Number distribution charts can be found below:

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


BSP:F1LS34
84GF Score
Flowserve Corp BSP:F1LS34
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flowserve Graham Number Calculation

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

Flowserve'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*25.809*19.859)
=107.39

Flowserve'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*26.088*20.375)
=109.36

* 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 R$109.36 mean?
Flowserve (BSP:F1LS34) has a Graham Number of R$109.36 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Flowserve and its competitors. This is 2793% above median its historical median of 3.78. Over the past decade, Flowserve's Graham Number has ranged from 2.57 to 9.16. According to the industry distribution chart, Flowserve ranks #1693 out of 2200 companies in the Industrial Products industry, placing it in the top 77%.
Is Flowserve's Graham Number too high?
Flowserve's current Graham Number of R$109.36 is 2793% above median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 9.16. Based on the distribution chart, Flowserve ranks #1693 out of 2200 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Flowserve has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Flowserve's Graham Number compare to GTLS and AOS?
According to the Industrial Products industry distribution chart, Flowserve ranks #1693 out of 2200 companies for Graham Number. This places Flowserve in the lower half of its industry. The industry median Graham Number is 1.68. Historically, Flowserve's own Graham Number has ranged from 2.57 to 9.16 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 an Industrial Products company?
The median Graham Number among Industrial Products companies is 1.68, based on 2,200 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 Flowserve and its competitors. For the Industrial Products industry, the median Graham Number is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flowserve's current Graham Number is R$109.36, which is 2793% above median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flowserve stock overvalued right now?
Flowserve (BSP:F1LS34) has a current Graham Number of R$109.36. The stock's GF Value™ is R$327.35, compared to a current price of R$410.66 — trading 25.4% above its estimated fair value. The current Graham Number is R$109.36, which is 2793% above median its 10-year median of 3.78. Flowserve's overall GF Score™ is 84/100 with 2 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 Flowserve (BSP:F1LS34), the current Graham Number is R$109.36 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 Flowserve (BSP:F1LS34) Overvalued in 2026?

Based on GuruFocus' analysis, Flowserve stock appears to be overvalued. The current stock price of R$410.66 is trading 25.4% above its estimated GF Value™ of R$327.35.

Key valuation signals for BSP:F1LS34:

  • Graham Number: R$109.36 (2793% above median its 10-year median of 3.78)
  • GF Value™: R$327.35 vs. price of R$410.66 (25.4% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the BSP:F1LS34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flowserve Business Description

Other Exchanges FLS:USA0IQE:UKFWV:Germany
Address 5215 North O’Connor Boulevard, Suite 700, Irving, TX, USA, 75039
Flowserve Corp is a manufacturer and aftermarket service provider of comprehensive flow control systems. It develops precision-engineered flow control equipment to monitor movement and protect customers' materials and processes. It offers an extensive range of pumps, valves, seals, and services for several industries, including oil and gas, chemical, power generation, and water management. It has three business segments: FPD for custom engineered pumps, pre-configured industrial pumps, pump systems, mechanical seals, auxiliary systems and replacement parts and related services; and FCD for engineered-to-order and configured-to-order isolation values, control valves, valve automation products and related equipment and Eliminations and All Other.
84GF Score

Get the complete analysis for BSP:F1LS34

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

R$410.66
Price
R$327.35
GF Value