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Kobenhavns LufthavneCHIX:KBHLC 79 Graham Number is kr1,496.91 as of Mar. 2026, which is 100% below its 10-year median of 5.38. GuruFocus rates CHIX:KBHLC with a GF Score™ of 79/100 and a GF Value™ of kr9,010.66. The stock has 3 warning signs investors should review. Among 742 Transportation companies, Kobenhavns Lufthavne ranks worse than 93.53% 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 (2026-07-17), the stock price of Kobenhavns Lufthavne is kr6880.00. Kobenhavns Lufthavne's graham number for the quarter that ended in Mar. 2026 was kr1,496.91. Therefore, Kobenhavns Lufthavne's Price to Graham Number ratio for today is 4.60.
The historical rank and industry rank for Kobenhavns Lufthavne's Graham Number or its related term are showing as below:
CHIX:KBHLc'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 3.76 Med: 5.38 Max: 19.63
Current: 3.81
During the past 13 years, the highest Price to Graham Number ratio of Kobenhavns Lufthavne was 19.63. The lowest was 3.76. And the median was 5.38.
CHIX:KBHLc's Price-to-Graham-Number is ranked worse than 93.53% of 742
companies
in the Transportation industry
Industry Median: 1.02
vs CHIX:KBHLc: 3.81
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Kobenhavns Lufthavne (CHIX:KBHLc) 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.
Kobenhavns Lufthavne's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
6880.00
/
1,496.91
=
4.60
* 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.
Kobenhavns Lufthavne Graham Number Related Terms
Kobenhavns Lufthavne Graham Number Historical Data
* Premium members only.
The historical data trend for Kobenhavns Lufthavne'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:KBHLC vs JOBY, CAAP: Graham Number Comparison
For the Airports & Air Services subindustry, Kobenhavns Lufthavne'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.
Kobenhavns Lufthavne Price-to-Graham-Number vs Transportation Industry
For the Transportation industry and Industrials sector, Kobenhavns Lufthavne's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Kobenhavns Lufthavne'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.
Kobenhavns Lufthavne (CHIX:KBHLC) has a Graham Number of kr1,496.91 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Kobenhavns Lufthavne and its competitors. This is 27724% above median its historical median of 5.38. Over the past decade, Kobenhavns Lufthavne's Graham Number has ranged from 3.76 to 19.63. According to the industry distribution chart, Kobenhavns Lufthavne ranks #694 out of 742 companies in the Transportation industry, placing it in the top 93.5%.
Is Kobenhavns Lufthavne's Graham Number too high?
Kobenhavns Lufthavne's current Graham Number of kr1,496.91 is 27724% above median its 10-year median of 5.38. Over the past 10 years, this metric has ranged from a low of 3.76 to a high of 19.63. Based on the distribution chart, Kobenhavns Lufthavne ranks #694 out of 742 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Kobenhavns Lufthavne has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Kobenhavns Lufthavne's Graham Number compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Kobenhavns Lufthavne ranks #694 out of 742 companies for Graham Number. This places Kobenhavns Lufthavne in the lower half of its industry. The industry median Graham Number is 1.02. Historically, Kobenhavns Lufthavne's own Graham Number has ranged from 3.76 to 19.63 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 Transportation company?
The median Graham Number among Transportation companies is 1.02, based on 742 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 Kobenhavns Lufthavne and its competitors. For the Transportation industry, the median Graham Number is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kobenhavns Lufthavne's current Graham Number is kr1,496.91, which is 27724% above median its own 10-year median of 5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobenhavns Lufthavne stock overvalued right now?
Kobenhavns Lufthavne (CHIX:KBHLC) has a current Graham Number of kr1,496.91. The stock's GF Value™ is kr9,010.66, compared to a current price of kr6,880.00 — trading 23.6% below its estimated fair value. The current Graham Number is kr1,496.91, which is 27724% above median its 10-year median of 5.38. Kobenhavns Lufthavne'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 Kobenhavns Lufthavne (CHIX:KBHLC), the current Graham Number is kr1,496.91 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 Kobenhavns Lufthavne (CHIX:KBHLC) Overvalued in 2026?
Based on GuruFocus' analysis, Kobenhavns Lufthavne stock appears to be undervalued.
The current stock price of kr6,880.00 is trading 23.6% below its estimated GF Value™ of kr9,010.66.
Key valuation signals for CHIX:KBHLC:
Graham Number: kr1,496.91 (27724% above median its 10-year median of 5.38)
GF Value™: kr9,010.66 vs. price of kr6,880.00 (23.6% below fair value)
No single metric tells the full story. See the CHIX:KBHLC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kobenhavns Lufthavne owns and operates Airports in Denmark. The company manages the infrastructure, buildings, and other services in the Kastrup and Roskilde airports. Copenhagen Airports divides its activities into two areas; Aeronautical and Non-aeronautical. Its majority of revenues are derived from the Aeronautical segment which comprises the operations and functions that the airports at Kastrup and Roskilde make available so that airlines can operate their flights, including facilities required for passengers to pass through these airports. The Non-aeronautical segment comprises the other facilities and services provided at the airports for passengers and others, including car-parking facilities, shops, restaurants, rest areas, lounges, and hotels.
79GF Score
Get the complete analysis for CHIX:KBHLC
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