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Ultimate ProductsCHIX:ULTPL 64 Graham Number is £0.34 as of Jan. 2026, which is 100% below its 10-year median of 1.93. GuruFocus rates CHIX:ULTPL with a GF Score™ of 64/100 and a GF Value™ of £1.18 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 284 Furnishings, Fixtures & Appliances companies, Ultimate Products ranks worse than 60.92% 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 (2026-07-18), the stock price of Ultimate Products is £0.476. Ultimate Products's graham number for the quarter that ended in Jan. 2026 was £0.34. Therefore, Ultimate Products's Price to Graham Number ratio for today is 1.42.
The historical rank and industry rank for Ultimate Products's Graham Number or its related term are showing as below:
CHIX:ULTPl'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.11 Med: 1.93 Max: 10.46
Current: 1.44
During the past 12 years, the highest Price to Graham Number ratio of Ultimate Products was 10.46. The lowest was 1.11. And the median was 1.93.
CHIX:ULTPl's Price-to-Graham-Number is ranked worse than 60.92% of 284
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.09
vs CHIX:ULTPl: 1.44
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Ultimate Products (CHIX:ULTPl) 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.
Ultimate Products's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jan. 2026 )
=
0.476
/
0.34
=
1.42
* 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.
Ultimate Products Graham Number Related Terms
Ultimate Products Graham Number Historical Data
* Premium members only.
The historical data trend for Ultimate Products'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:ULTPL vs SN, SGI, MHK: Graham Number Comparison
For the Furnishings, Fixtures & Appliances subindustry, Ultimate Products'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.
Ultimate Products Price-to-Graham-Number vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ultimate Products's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Ultimate Products'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.
Ultimate Products (CHIX:ULTPL) has a Graham Number of £0.34 as of Jan. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Ultimate Products and its competitors. This is 82% below median its historical median of 1.93. Over the past decade, Ultimate Products' Graham Number has ranged from 1.11 to 10.46. According to the industry distribution chart, Ultimate Products ranks #173 out of 284 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 60.9%.
Is Ultimate Products' Graham Number too high?
Ultimate Products' current Graham Number of £0.34 is 82% below median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 10.46. Based on the distribution chart, Ultimate Products ranks #173 out of 284 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Ultimate Products has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ultimate Products' Graham Number compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ultimate Products ranks #173 out of 284 companies for Graham Number. This places Ultimate Products in the lower half of its industry. The industry median Graham Number is 1.09. Historically, Ultimate Products' own Graham Number has ranged from 1.11 to 10.46 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 Furnishings, Fixtures & Appliances company?
The median Graham Number among Furnishings, Fixtures & Appliances companies is 1.09, based on 284 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 Ultimate Products and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Graham Number is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultimate Products's current Graham Number is £0.34, which is 82% below median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Products stock overvalued right now?
Based on GuruFocus' analysis, Ultimate Products (CHIX:ULTPL) is currently considered Significantly Undervalued. The stock's GF Value™ is £1.18, compared to a current price of £0.48 — trading 59.7% below its estimated fair value. The current Graham Number is £0.34, which is 82% below median its 10-year median of 1.93. Ultimate Products' overall GF Score™ is 64/100 with 6 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 Ultimate Products (CHIX:ULTPL), the current Graham Number is £0.34 as of Jan. 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 Ultimate Products (CHIX:ULTPL) Overvalued in 2026?
Based on GuruFocus' analysis, Ultimate Products stock appears to be undervalued.
The current stock price of £0.48 is trading 59.7% below its estimated GF Value™ of £1.18.
GuruFocus considers Ultimate Products to be Significantly Undervalued.
Key valuation signals for CHIX:ULTPL:
Graham Number: £0.34 (82% below median its 10-year median of 1.93)
GF Value™: £1.18 vs. price of £0.48 (59.7% below fair value)
No single metric tells the full story. See the CHIX:ULTPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultimate Products PLC designs, develops and distributes homeware products across its key brands, including the household names Salter and Beldray. Its other brands include Progress, Kleenez, Petra, Maxim, Russell Hobbs, and Intempo among others. The company sells products across different categories, such as small domestic appliances, housewares, laundry, audio, and heating and cooling. Its products are sold to a broad cross-section of both large national and international multi-channel retailers as well as smaller national retail chains, incorporating discount retailers, supermarkets, general retailers, and online retailers. Geographically, the company derives its key revenue from the United Kingdom and the rest from Germany, Rest of Europe and the Rest of the world.
64GF Score
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