Smurfit WestRock (CHIX:SWRL) Graham Number: £18.98 (As of Mar. 2026) — 854% Above Median


CHIX:SWRL Smurfit WestRock PLC CHIX:SWRL
77 GF Score
Price £33.79
GF Value £34.40
Valuation Fairly Valued
! 7 Warning Signs
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What is Smurfit WestRock Graham Number?

Smurfit WestRock CHIX:SWRL 77 Graham Number is £18.98 as of Mar. 2026, which is 100% below its 10-year median of 1.99. GuruFocus rates CHIX:SWRL with a GF Score™ of 77/100 and a GF Value™ of £34.40 (Fairly Valued). The stock has 7 warning signs investors should review. Among 288 Packaging & Containers companies, Smurfit WestRock ranks worse than 74.65% 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 (2026-07-03), the stock price of Smurfit WestRock is £33.79. Smurfit WestRock's graham number for the quarter that ended in Mar. 2026 was £18.98. Therefore, Smurfit WestRock's Price to Graham Number ratio for today is 1.78.

The historical rank and industry rank for Smurfit WestRock's Graham Number or its related term are showing as below:

CHIX:SWRl' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.26   Med: 1.99   Max: 30.45
Current: 1.81

During the past 13 years, the highest Price to Graham Number ratio of Smurfit WestRock was 30.45. The lowest was 1.26. And the median was 1.99.

CHIX:SWRl's Price-to-Graham-Number is ranked worse than
74.65% of 288 companies
in the Packaging & Containers industry
Industry Median: 0.965 vs CHIX:SWRl: 1.81

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


Smurfit WestRock  (CHIX:SWRl) 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.

Smurfit WestRock's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=33.79/18.98
=1.78

* 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.


Smurfit WestRock Graham Number Related Terms


Smurfit WestRock Graham Number Historical Data

* Premium members only.

The historical data trend for Smurfit WestRock'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.

Smurfit WestRock Graham Number Chart

Smurfit WestRock Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.83 26.40 25.28 21.62 22.14

Smurfit WestRock Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 22.93 21.23 23.48 22.95 18.98

CHIX:SWRL vs PKG, IP, AMCR: Graham Number Comparison

For the Packaging & Containers subindustry, Smurfit WestRock'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.


Smurfit WestRock Price-to-Graham-Number vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Smurfit WestRock's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Smurfit WestRock's Price-to-Graham-Number falls into.


CHIX:SWRL
77GF Score
Smurfit WestRock PLC CHIX:SWRL
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smurfit WestRock Graham Number Calculation

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

Smurfit WestRock's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*14.373*1.516)
=22.14

Smurfit WestRock's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*14.066*1.138)
=18.98

* 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 £18.98 mean?
Smurfit WestRock (CHIX:SWRL) has a Graham Number of £18.98 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Smurfit WestRock and its competitors. This is 854% above median its historical median of 1.99. Over the past decade, Smurfit WestRock's Graham Number has ranged from 1.26 to 30.45. According to the industry distribution chart, Smurfit WestRock ranks #215 out of 288 companies in the Packaging & Containers industry, placing it in the top 74.7%.
Is Smurfit WestRock's Graham Number too high?
Smurfit WestRock's current Graham Number of £18.98 is 854% above median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 30.45. Based on the distribution chart, Smurfit WestRock ranks #215 out of 288 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Smurfit WestRock has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Smurfit WestRock's Graham Number compare to PKG and IP?
According to the Packaging & Containers industry distribution chart, Smurfit WestRock ranks #215 out of 288 companies for Graham Number. This places Smurfit WestRock in the lower half of its industry. The industry median Graham Number is 0.97. Historically, Smurfit WestRock's own Graham Number has ranged from 1.26 to 30.45 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 Packaging & Containers company?
The median Graham Number among Packaging & Containers companies is 0.97, based on 288 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 Smurfit WestRock and its competitors. For the Packaging & Containers industry, the median Graham Number is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smurfit WestRock's current Graham Number is £18.98, which is 854% above median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smurfit WestRock stock overvalued right now?
Based on GuruFocus' analysis, Smurfit WestRock (CHIX:SWRL) is currently considered Fairly Valued. The stock's GF Value™ is £34.40, compared to a current price of £33.79 — trading 1.8% below its estimated fair value. The current Graham Number is £18.98, which is 854% above median its 10-year median of 1.99. Smurfit WestRock's overall GF Score™ is 77/100 with 7 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 Smurfit WestRock (CHIX:SWRL), the current Graham Number is £18.98 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 Smurfit WestRock (CHIX:SWRL) Overvalued in 2026?

Based on GuruFocus' analysis, Smurfit WestRock stock appears to be undervalued. The current stock price of £33.79 is trading 1.8% below its estimated GF Value™ of £34.40. GuruFocus considers Smurfit WestRock to be Fairly Valued.

Key valuation signals for CHIX:SWRL:

  • Graham Number: £18.98 (854% above median its 10-year median of 1.99)
  • GF Value™: £34.40 vs. price of £33.79 (1.8% below fair value)
  • GF Score™: 77/100 with 7 warning signs

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


Smurfit WestRock Business Description

Address Beech Hill, Clonskeagh, Dublin 4, Dublin, IRL, D04 N2R2
Smurfit WestRock PLC manufactures corrugated packaging and consumer packaging, such as folding cartons and paperboard. operates a vertically integrated system supplying wood and recovered fiber to produce various grades of board, which are then converted into packaging products. Its main packaging categories include corrugated containers and consumer packaging, with additional products such as solidboard, kraft paper, graphic board, paper sacks, and bag-in-box packaging. The company's geographical segments include North America (including the U.S., Canada and Mexico), Europe, the Middle East and Africa and Asia-Pacific, and Latin America. The majority of the company's revenue is derived from product sales in the North American region.
77GF Score

Get the complete analysis for CHIX:SWRL

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

£33.79
Price
£34.40
GF Value