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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.
As of today (2026-07-22), the stock price of Instalco AB is kr37.36. Instalco AB's graham number for the quarter that ended in Jun. 2026 was krN/A. Therefore, Instalco AB's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Instalco AB's Graham Number or its related term are showing as below:
CHIX:INSTAs's Price-to-Graham-Number is not ranked *
in the Construction industry.
Industry Median: 1 * Ranked among companies with meaningful Price-to-Graham-Number only.
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Instalco AB (CHIX:INSTAs) 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.
Instalco AB's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
37.36
/
N/A
=
N/A
* 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.
Instalco AB Graham Number Related Terms
Instalco AB Graham Number Historical Data
* Premium members only.
The historical data trend for Instalco 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.
CHIX:INSTAS vs PWR, FIX, EME: Graham Number Comparison
For the Engineering & Construction subindustry, Instalco 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.
Instalco AB Price-to-Graham-Number vs Construction Industry
For the Construction industry and Industrials sector, Instalco AB's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Instalco AB'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.
Instalco AB (CHIX:INSTAS) has a Graham Number of krN/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Instalco AB and its competitors. According to the industry distribution chart, Instalco AB ranks #999999 out of 1216 companies in the Construction industry.
Is Instalco AB's Graham Number too high?
Instalco AB's current Graham Number is krN/A. Based on the distribution chart, Instalco AB ranks #999999 out of 1216 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Instalco AB has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Instalco AB's Graham Number compare to PWR and FIX?
According to the Construction industry distribution chart, Instalco AB ranks #999999 out of 1216 companies for Graham Number. This places Instalco AB in the lower half of its industry. The industry median Graham Number is 1.00. 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 Construction company?
The median Graham Number among Construction companies is 1.00, based on 1,216 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 Instalco AB and its competitors. For the Construction industry, the median Graham Number is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Instalco AB's current Graham Number is krN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Instalco AB stock overvalued right now?
Based on GuruFocus' analysis, Instalco AB (CHIX:INSTAS) is currently considered Fairly Valued. The stock's GF Value™ is kr32.06, compared to a current price of kr37.36 — trading 16.5% above its estimated fair value. The current Graham Number is krN/A. Instalco AB's overall GF Score™ is 89/100 with 9 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 Instalco AB (CHIX:INSTAS), the current Graham Number is krN/A as of Jun. 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 Instalco AB (CHIX:INSTAS) Overvalued in 2026?
Based on GuruFocus' analysis, Instalco AB stock appears to be overvalued.
The current stock price of kr37.36 is trading 16.5% above its estimated GF Value™ of kr32.06.
GuruFocus considers Instalco AB to be Fairly Valued.
Key valuation signals for CHIX:INSTAS:
Graham Number: krN/A
GF Value™: kr32.06 vs. price of kr37.36 (16.5% above fair value)
No single metric tells the full story. See the CHIX:INSTAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Instalco AB is engaged in installation, service and maintenance of real estate and facilities in Sweden, Norway and Finland. The company performs technical installation and service within the areas of electrical, heating and plumbing systems, as well as ventilation and cooling systems. The Group has two operating segments: Sweden and Rest of Nordics. Its revenue stems from sales of the execution of installations, construction contracts and service contracts.
89GF Score
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