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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.
The historical rank and industry rank for Credit Immobilier et Hotelier's Graham Number or its related term are showing as below:
CAS:CIH'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.83 Med: 1.16 Max: 2.94
Current: 0.83
During the past 13 years, the highest Price to Graham Number ratio of Credit Immobilier et Hotelier was 2.94. The lowest was 0.83. And the median was 1.16.
CAS:CIH's Price-to-Graham-Number is ranked worse than 53.69% of 1438
companies
in the Banks industry
Industry Median: 0.8
vs CAS:CIH: 0.83
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Credit Immobilier et Hotelier (CAS:CIH) 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.
Credit Immobilier et Hotelier's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
347.95
/
417.18
=
0.83
* 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.
Credit Immobilier et Hotelier Graham Number Related Terms
Credit Immobilier et Hotelier Graham Number Historical Data
* 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 Banks - Regional subindustry, Credit Immobilier et Hotelier'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.
Credit Immobilier et Hotelier Price-to-Graham-Number vs Banks Industry
For the Banks industry and Financial Services sector, Credit Immobilier et Hotelier's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Credit Immobilier et Hotelier'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.
Credit Immobilier et Hotelier (CAS:CIH) has a Graham Number of MAD417.18 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Credit Immobilier et Hotelier and its competitors. This is 35864% above median its historical median of 1.16. Over the past decade, Credit Immobilier et Hotelier's Graham Number has ranged from 0.83 to 2.94. According to the industry distribution chart, Credit Immobilier et Hotelier ranks #772 out of 1438 companies in the Banks industry, placing it in the top 53.7%.
Is Credit Immobilier et Hotelier's Graham Number too high?
Credit Immobilier et Hotelier's current Graham Number of MAD417.18 is 35864% above median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 2.94. Based on the distribution chart, Credit Immobilier et Hotelier ranks #772 out of 1438 companies in the Banks industry, which is below the industry midpoint. Overall, Credit Immobilier et Hotelier has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Credit Immobilier et Hotelier's Graham Number compare to PNC and USB?
According to the Banks industry distribution chart, Credit Immobilier et Hotelier ranks #772 out of 1438 companies for Graham Number. This places Credit Immobilier et Hotelier in the lower half of its industry. The industry median Graham Number is 0.80. Historically, Credit Immobilier et Hotelier's own Graham Number has ranged from 0.83 to 2.94 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 Banks company?
The median Graham Number among Banks companies is 0.80, based on 1,438 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 Credit Immobilier et Hotelier and its competitors. For the Banks industry, the median Graham Number is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credit Immobilier et Hotelier's current Graham Number is MAD417.18, which is 35864% above median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credit Immobilier et Hotelier stock overvalued right now?
Based on GuruFocus' analysis, Credit Immobilier et Hotelier (CAS:CIH) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD413.12, compared to a current price of MAD347.95 — trading 15.8% below its estimated fair value. The current Graham Number is MAD417.18, which is 35864% above median its 10-year median of 1.16. Credit Immobilier et Hotelier's overall GF Score™ is 32/100 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 Credit Immobilier et Hotelier (CAS:CIH), the current Graham Number is MAD417.18 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 Credit Immobilier et Hotelier (CAS:CIH) Overvalued in 2026?
Based on GuruFocus' analysis, Credit Immobilier et Hotelier stock appears to be undervalued.
The current stock price of MAD347.95 is trading 15.8% below its estimated GF Value™ of MAD413.12.
GuruFocus considers Credit Immobilier et Hotelier to be Modestly Undervalued.
Key valuation signals for CAS:CIH:
Graham Number: MAD417.18 (35864% above median its 10-year median of 1.16)
GF Value™: MAD413.12 vs. price of MAD347.95 (15.8% below fair value)
No single metric tells the full story. See the CAS:CIH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Credit Immobilier et Hotelier Business Description
Credit Immobilier et Hotelier SA provides various banking products and services. It accepts checking, currency, and current accounts; and offers funding solutions. The company also provides bank cards; saving and investment products; and bancassurance, payment, transfer, international operation, and specialized services.
32GF Score
Get the complete analysis for CAS:CIH
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