Sectra ABCHIX:SECTBS 98 Graham Number is kr24.70 as of Apr. 2026, which is 100% below its 10-year median of 10.02. GuruFocus rates CHIX:SECTBS with a GF Score™ of 98/100 and a GF Value™ of kr289.17 (Modestly Undervalued). Among 399 Medical Devices & Instruments companies, Sectra AB ranks worse than 97.49% 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 (2026-07-11), the stock price of Sectra AB is kr277.30. Sectra AB's graham number for the quarter that ended in Apr. 2026 was kr24.70. Therefore, Sectra AB's Price to Graham Number ratio for today is 11.22.
The historical rank and industry rank for Sectra AB's Graham Number or its related term are showing as below:
CHIX:SECTBs'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 5.27 Med: 10.02 Max: 12.57
Current: 11.39
During the past 13 years, the highest Price to Graham Number ratio of Sectra AB was 12.57. The lowest was 5.27. And the median was 10.02.
CHIX:SECTBs's Price-to-Graham-Number is ranked worse than 97.49% of 399
companies
in the Medical Devices & Instruments industry
Industry Median: 1.75
vs CHIX:SECTBs: 11.39
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Sectra AB (CHIX:SECTBs) 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.
Sectra AB's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Apr. 2026 )
=
277.30
/
24.70
=
11.22
* 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.
Sectra AB Graham Number Related Terms
Sectra AB Graham Number Historical Data
* Premium members only.
The historical data trend for Sectra 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:SECTBS vs ABT, SYK, MDT: Graham Number Comparison
For the Medical Devices subindustry, Sectra 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.
Sectra AB Price-to-Graham-Number vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sectra AB's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Sectra 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.
Sectra AB (CHIX:SECTBS) has a Graham Number of kr24.70 as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Sectra AB and its competitors. This is 147% above median its historical median of 10.02. Over the past decade, Sectra AB's Graham Number has ranged from 5.27 to 12.57. According to the industry distribution chart, Sectra AB ranks #389 out of 399 companies in the Medical Devices & Instruments industry, placing it in the top 97.5%.
Is Sectra AB's Graham Number too high?
Sectra AB's current Graham Number of kr24.70 is 147% above median its 10-year median of 10.02. Over the past 10 years, this metric has ranged from a low of 5.27 to a high of 12.57. Based on the distribution chart, Sectra AB ranks #389 out of 399 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Sectra AB has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sectra AB's Graham Number compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sectra AB ranks #389 out of 399 companies for Graham Number. This places Sectra AB in the lower half of its industry. The industry median Graham Number is 1.75. Historically, Sectra AB's own Graham Number has ranged from 5.27 to 12.57 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 Medical Devices & Instruments company?
The median Graham Number among Medical Devices & Instruments companies is 1.75, based on 399 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 Sectra AB and its competitors. For the Medical Devices & Instruments industry, the median Graham Number is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sectra AB's current Graham Number is kr24.70, which is 147% above median its own 10-year median of 10.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sectra AB stock overvalued right now?
Based on GuruFocus' analysis, Sectra AB (CHIX:SECTBS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr289.17, compared to a current price of kr277.30 — trading 4.1% below its estimated fair value. The current Graham Number is kr24.70, which is 147% above median its 10-year median of 10.02. Sectra AB's overall GF Score™ is 98/100. 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 Sectra AB (CHIX:SECTBS), the current Graham Number is kr24.70 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 Sectra AB (CHIX:SECTBS) Overvalued in 2026?
Based on GuruFocus' analysis, Sectra AB stock appears to be undervalued.
The current stock price of kr277.30 is trading 4.1% below its estimated GF Value™ of kr289.17.
GuruFocus considers Sectra AB to be Modestly Undervalued.
Key valuation signals for CHIX:SECTBS:
Graham Number: kr24.70 (147% above median its 10-year median of 10.02)
GF Value™: kr289.17 vs. price of kr277.30 (4.1% below fair value)
No single metric tells the full story. See the CHIX:SECTBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sectra AB develops IT solutions and services for storing, viewing, and working with medical images. The operating business segments are Imaging IT Solutions, Secure Communications, Business Innovation, and Other Operations. It generates maximum revenue from the Imaging IT Solutions segment. The company also offers maintenance in the form of support, system monitoring, and consulting services related to integration, system design, data migration, and business development. Geographically, it derives a majority of its revenue from the United States, followed by Sweden, the United Kingdom, the Netherlands, the Rest of Europe, and the Rest of the world.
98GF Score
Get the complete analysis for CHIX:SECTBS
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:SECTBS has been successfully added to your 
