Clas Ohlson AB (CHIX:CLASBS) Graham Number: kr123.07 (As of Apr. 2026) — 6814% Above Median

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CHIX:CLASBS Clas Ohlson AB CHIX:CLASBS
79 GF Score
Price kr433.10
GF Value kr245.28
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Clas Ohlson AB Graham Number?

Clas Ohlson AB CHIX:CLASBS 79 Graham Number is kr123.07 as of Apr. 2026, which is 100% below its 10-year median of 1.78. GuruFocus rates CHIX:CLASBS with a GF Score™ of 79/100 and a GF Value™ of kr245.28 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 755 Retail - Cyclical companies, Clas Ohlson AB ranks worse than 83.58% 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 (2026-07-19), the stock price of Clas Ohlson AB is kr433.10. Clas Ohlson AB's graham number for the quarter that ended in Apr. 2026 was kr123.07. Therefore, Clas Ohlson AB's Price to Graham Number ratio for today is 3.52.

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

CHIX:CLASBs' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.45   Med: 1.78   Max: 3.27
Current: 3.27

During the past 13 years, the highest Price to Graham Number ratio of Clas Ohlson AB was 3.27. The lowest was 1.45. And the median was 1.78.

CHIX:CLASBs's Price-to-Graham-Number is ranked worse than
83.58% of 755 companies
in the Retail - Cyclical industry
Industry Median: 1.21 vs CHIX:CLASBs: 3.27

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


Clas Ohlson AB  (CHIX:CLASBs) 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.

Clas Ohlson AB's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Apr. 2026 )
=433.10/123.07
=3.52

* 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.


Clas Ohlson AB Graham Number Related Terms


Clas Ohlson AB Graham Number Historical Data

* Premium members only.

The historical data trend for Clas Ohlson AB'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.

Clas Ohlson AB Graham Number Chart

Clas Ohlson AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.47 43.56 69.11 96.04 123.09

Clas Ohlson AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 96.11 105.08 105.62 115.85 123.07

CHIX:CLASBS vs CASY, WSM, DKS: Graham Number Comparison

For the Specialty Retail subindustry, Clas Ohlson AB'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.


Clas Ohlson AB Price-to-Graham-Number vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Clas Ohlson AB's Price-to-Graham-Number distribution charts can be found below:

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


CHIX:CLASBS
79GF Score
Clas Ohlson AB CHIX:CLASBS
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clas Ohlson AB Graham Number Calculation

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

Clas Ohlson AB's Graham Number for the fiscal year that ended in Apr. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*36.779*18.309)
=123.09

Clas Ohlson AB's Graham Number for the quarter that ended in Apr. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*36.779*18.302)
=123.07

* 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 kr123.07 mean?
Clas Ohlson AB (CHIX:CLASBS) has a Graham Number of kr123.07 as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Clas Ohlson AB and its competitors. This is 6814% above median its historical median of 1.78. Over the past decade, Clas Ohlson AB's Graham Number has ranged from 1.45 to 3.27. According to the industry distribution chart, Clas Ohlson AB ranks #631 out of 755 companies in the Retail - Cyclical industry, placing it in the top 83.6%.
Is Clas Ohlson AB's Graham Number too high?
Clas Ohlson AB's current Graham Number of kr123.07 is 6814% above median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 3.27. Based on the distribution chart, Clas Ohlson AB ranks #631 out of 755 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Clas Ohlson AB has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clas Ohlson AB's Graham Number compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Clas Ohlson AB ranks #631 out of 755 companies for Graham Number. This places Clas Ohlson AB in the lower half of its industry. The industry median Graham Number is 1.21. Historically, Clas Ohlson AB's own Graham Number has ranged from 1.45 to 3.27 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 Retail - Cyclical company?
The median Graham Number among Retail - Cyclical companies is 1.21, based on 755 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 Clas Ohlson AB and its competitors. For the Retail - Cyclical industry, the median Graham Number is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clas Ohlson AB's current Graham Number is kr123.07, which is 6814% above median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clas Ohlson AB stock overvalued right now?
Based on GuruFocus' analysis, Clas Ohlson AB (CHIX:CLASBS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr245.28, compared to a current price of kr433.10 — trading 76.6% above its estimated fair value. The current Graham Number is kr123.07, which is 6814% above median its 10-year median of 1.78. Clas Ohlson AB's overall GF Score™ is 79/100 with 3 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 Clas Ohlson AB (CHIX:CLASBS), the current Graham Number is kr123.07 as of Apr. 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 Clas Ohlson AB (CHIX:CLASBS) Overvalued in 2026?

Based on GuruFocus' analysis, Clas Ohlson AB stock appears to be overvalued. The current stock price of kr433.10 is trading 76.6% above its estimated GF Value™ of kr245.28. GuruFocus considers Clas Ohlson AB to be Significantly Overvalued.

Key valuation signals for CHIX:CLASBS:

  • Graham Number: kr123.07 (6814% above median its 10-year median of 1.78)
  • GF Value™: kr245.28 vs. price of kr433.10 (76.6% above fair value)
  • GF Score™: 79/100 with 3 warning signs

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


Clas Ohlson AB Business Description

Address Municipality of Leksand, Insjon, SWE, 793 85
Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main segments by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.
79GF Score

Get the complete analysis for CHIX:CLASBS

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

kr433.10
Price
kr245.28
GF Value