Arteche Lantegi ElekarteaCHIX:ARTE +0.30%57 Graham Number is €3.09 as of Jun. 2025, which is 100% below its 10-year median of 3.02. GuruFocus rates CHIX:ARTE with a GF Score™ of 57/100 and a GF Value™ of €6.73 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,622 Hardware companies, Arteche Lantegi Elekartea ranks worse than 94.45% 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 Arteche Lantegi Elekartea's Graham Number or its related term are showing as below:
CHIX:ARTe'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.44 Med: 3.02 Max: 10.84
Current: 10.84
During the past 6 years, the highest Price to Graham Number ratio of Arteche Lantegi Elekartea was 10.84. The lowest was 2.44. And the median was 3.02.
CHIX:ARTe's Price-to-Graham-Number is ranked worse than 94.45% of 1622
companies
in the Hardware industry
Industry Median: 2.03
vs CHIX:ARTe: 10.84
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Arteche Lantegi Elekartea (CHIX:ARTe) 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.
Arteche Lantegi Elekartea's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2025 )
=
33.60
/
3.09
=
10.88
* 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.
Arteche Lantegi Elekartea Graham Number Related Terms
Arteche Lantegi Elekartea 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.
CHIX:ARTE vs APH, GLW, TEL: Graham Number Comparison
For the Electronic Components subindustry, Arteche Lantegi Elekartea'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.
Arteche Lantegi Elekartea Price-to-Graham-Number vs Hardware Industry
For the Hardware industry and Technology sector, Arteche Lantegi Elekartea's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Arteche Lantegi Elekartea'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.
Arteche Lantegi Elekartea (CHIX:ARTE) has a Graham Number of €3.09 as of Jun. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Arteche Lantegi Elekartea and its competitors. This is near median its historical median of 3.02. Over the past decade, Arteche Lantegi Elekartea's Graham Number has ranged from 2.44 to 10.84. According to the industry distribution chart, Arteche Lantegi Elekartea ranks #1532 out of 1622 companies in the Hardware industry, placing it in the top 94.5%.
Is Arteche Lantegi Elekartea's Graham Number too high?
Arteche Lantegi Elekartea's current Graham Number of €3.09 is near median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 10.84. Based on the distribution chart, Arteche Lantegi Elekartea ranks #1532 out of 1622 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Arteche Lantegi Elekartea has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arteche Lantegi Elekartea's Graham Number compare to APH and GLW?
According to the Hardware industry distribution chart, Arteche Lantegi Elekartea ranks #1532 out of 1622 companies for Graham Number. This places Arteche Lantegi Elekartea in the lower half of its industry. The industry median Graham Number is 2.03. Historically, Arteche Lantegi Elekartea's own Graham Number has ranged from 2.44 to 10.84 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 Hardware company?
The median Graham Number among Hardware companies is 2.03, based on 1,622 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 Arteche Lantegi Elekartea and its competitors. For the Hardware industry, the median Graham Number is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arteche Lantegi Elekartea's current Graham Number is €3.09, which is near median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arteche Lantegi Elekartea stock overvalued right now?
Based on GuruFocus' analysis, Arteche Lantegi Elekartea (CHIX:ARTE) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.73, compared to a current price of €33.60 — trading 399.3% above its estimated fair value. The current Graham Number is €3.09, which is near median its 10-year median of 3.02. Arteche Lantegi Elekartea's overall GF Score™ is 57/100 with 1 warning sign 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 Arteche Lantegi Elekartea (CHIX:ARTE), the current Graham Number is €3.09 as of Jun. 2025. 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 Arteche Lantegi Elekartea (CHIX:ARTE) Overvalued in 2026?
Based on GuruFocus' analysis, Arteche Lantegi Elekartea stock appears to be overvalued.
The current stock price of €33.60 is trading 399.3% above its estimated GF Value™ of €6.73.
GuruFocus considers Arteche Lantegi Elekartea to be Significantly Overvalued.
Key valuation signals for CHIX:ARTE:
Graham Number: €3.09 (near median its 10-year median of 3.02)
GF Value™: €6.73 vs. price of €33.60 (399.3% above fair value)
No single metric tells the full story. See the CHIX:ARTE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arteche Lantegi Elekartea SA is a company specializing in electrical equipment and solutions for power generation, transmission, and distribution. It designs and manufactures products such as instrument transformers, relays, and protection systems. The group operates in over 175 countries world-wide. It focuses on innovation, reliability, and supporting the transition to more efficient and sustainable energy systems.
57GF Score
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