Corby Spirit and WineCBYDF -2.73%93 Graham Number is $1.76 as of Mar. 2026, which is 8% below its 10-year median of 1.91. GuruFocus rates CBYDF with a GF Score™ of 93/100 and a GF Value™ of $11.04 (Fairly Valued). The stock has 7 warning signs investors should review. Among 135 Beverages - Alcoholic companies, Corby Spirit and Wine ranks worse than 94.07% 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.
The historical rank and industry rank for Corby Spirit and Wine's Graham Number or its related term are showing as below:
CBYDF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.4 Med: 1.91 Max: 9.43
Current: 6.54
During the past 13 years, the highest Price to Graham Number ratio of Corby Spirit and Wine was 9.43. The lowest was 1.40. And the median was 1.91.
CBYDF's Price-to-Graham-Number is ranked worse than 94.07% of 135
companies
in the Beverages - Alcoholic industry
Industry Median: 1.43
vs CBYDF: 6.54
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Corby Spirit and Wine (OTCPK:CBYDF) 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.
Corby Spirit and Wine's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
11.06
/
1.76
=
6.27
* 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.
Corby Spirit and Wine Graham Number Related Terms
Corby Spirit and Wine Graham Number Historical Data
* Premium members only.
The historical data trend for Corby Spirit and Wine'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 Beverages - Wineries & Distilleries subindustry, Corby Spirit and Wine'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.
Corby Spirit and Wine Price-to-Graham-Number vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Corby Spirit and Wine's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Corby Spirit and Wine'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.
Corby Spirit and Wine (CBYDF) has a Graham Number of $1.76 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Corby Spirit and Wine and its competitors. This is near median its historical median of 1.91. Over the past decade, Corby Spirit and Wine's Graham Number has ranged from 1.40 to 9.43. According to the industry distribution chart, Corby Spirit and Wine ranks #127 out of 135 companies in the Beverages - Alcoholic industry, placing it in the top 94.1%.
Is Corby Spirit and Wine's Graham Number too high?
Corby Spirit and Wine's current Graham Number of $1.76 is near median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 9.43. The Beverages - Alcoholic industry median Graham Number is 1.43. Corby Spirit and Wine's value of $1.76 is 23.1% above this industry median. Based on the distribution chart, Corby Spirit and Wine ranks #127 out of 135 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Corby Spirit and Wine has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corby Spirit and Wine's Graham Number compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Corby Spirit and Wine ranks #127 out of 135 companies for Graham Number. This places Corby Spirit and Wine in the lower half of its industry. The industry median Graham Number is 1.43. Corby Spirit and Wine's value of $1.76 is 23.1% above this benchmark. Historically, Corby Spirit and Wine's own Graham Number has ranged from 1.40 to 9.43 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.43, Corby Spirit and Wine has consistently been above the industry average. 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 Beverages - Alcoholic company?
The median Graham Number among Beverages - Alcoholic companies is 1.43, based on 135 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. Corby Spirit and Wine's current Graham Number of $1.76 is 23.1% above the industry median. 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 Corby Spirit and Wine and its competitors. For the Beverages - Alcoholic industry, the median Graham Number is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corby Spirit and Wine's current Graham Number is $1.76, which is near median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corby Spirit and Wine stock overvalued right now?
Based on GuruFocus' analysis, Corby Spirit and Wine (CBYDF) is currently considered Fairly Valued. The stock's GF Value™ is $11.04, compared to a current price of $11.06 — trading 0.2% above its estimated fair value. The current Graham Number is $1.76, which is near median its 10-year median of 1.91 and 23.1% above the Beverages - Alcoholic industry median of 1.43. Corby Spirit and Wine's overall GF Score™ is 93/100 with 7 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 Corby Spirit and Wine (CBYDF), the current Graham Number is $1.76 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 Corby Spirit and Wine (CBYDF) Overvalued in 2026?
Based on GuruFocus' analysis, Corby Spirit and Wine stock appears to be overvalued.
The current stock price of $11.06 is trading 0.2% above its estimated GF Value™ of $11.04.
GuruFocus considers Corby Spirit and Wine to be Fairly Valued.
Key valuation signals for CBYDF:
Graham Number: $1.76 (near median its 10-year median of 1.91)
GF Value™: $11.04 vs. price of $11.06 (0.2% above fair value)
Industry Position: 23.1% above the Beverages - Alcoholic median (#127 of 135)
No single metric tells the full story. See the CBYDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer, and importer of spirits, wines, and ready-to-drink cocktails. The company derives its revenues from the sale of its owned brands in Canada and other international markets, as well as earning commissions from representing selected non-owned brands in the Canadian market. It has two reportable segments: Case Goods and Commissions. Maximum revenue is generated from its Case Goods segment, which is involved in the production and distribution of its owned beverage alcohol brands. Corby's portfolio of owned brands includes J. P. Wiser's Canadian whisky, Lamb's rum, Polar Ice vodka, McGuinness liqueurs, and Cottage Springs and Nude RTD beverages. Geographically, it derives key revenue from Canada, followed by the USA, UK, and others.
93GF Score
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