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Watkin JonesCHIX:WJGL 39 Graham Number is £0.47 as of Mar. 2026, which is 100% below its 10-year median of 1.39. GuruFocus rates CHIX:WJGL with a GF Score™ of 39/100 and a GF Value™ of £0.25 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 73 Homebuilding & Construction companies, Watkin Jones ranks better than 87.67% 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 (2026-08-07), the stock price of Watkin Jones is £0.1828. Watkin Jones's graham number for the quarter that ended in Mar. 2026 was £0.47. Therefore, Watkin Jones's Price to Graham Number ratio for today is 0.39.
The historical rank and industry rank for Watkin Jones's Graham Number or its related term are showing as below:
CHIX:WJGl'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.39 Med: 1.39 Max: 2.71
Current: 0.39
During the past 13 years, the highest Price to Graham Number ratio of Watkin Jones was 2.71. The lowest was 0.39. And the median was 1.39.
CHIX:WJGl's Price-to-Graham-Number is ranked better than 87.67% of 73
companies
in the Homebuilding & Construction industry
Industry Median: 0.75
vs CHIX:WJGl: 0.39
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Watkin Jones (CHIX:WJGl) 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.
Watkin Jones's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.1828
/
0.47
=
0.39
* 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.
Watkin Jones Graham Number Related Terms
Watkin Jones Graham Number Historical Data
* Premium members only.
The historical data trend for Watkin Jones'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:WJGL vs DHI, PHM, LEN: Graham Number Comparison
For the Residential Construction subindustry, Watkin Jones'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.
Watkin Jones Price-to-Graham-Number vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Watkin Jones's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Watkin Jones'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.
Watkin Jones (CHIX:WJGL) has a Graham Number of £0.47 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Watkin Jones and its competitors. This is 66% below median its historical median of 1.39. Over the past decade, Watkin Jones' Graham Number has ranged from 0.39 to 2.71. According to the industry distribution chart, Watkin Jones ranks #9 out of 73 companies in the Homebuilding & Construction industry, placing it in the top 12.3%.
Is Watkin Jones' Graham Number too high?
Watkin Jones' current Graham Number of £0.47 is 66% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 2.71. Based on the distribution chart, Watkin Jones ranks #9 out of 73 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Watkin Jones has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Watkin Jones' Graham Number compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Watkin Jones ranks #9 out of 73 companies for Graham Number. This places Watkin Jones in the top 12% of its industry — outperforming the majority of peers. The industry median Graham Number is 0.75. Historically, Watkin Jones' own Graham Number has ranged from 0.39 to 2.71 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 Homebuilding & Construction company?
The median Graham Number among Homebuilding & Construction companies is 0.75, based on 73 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 Watkin Jones and its competitors. For the Homebuilding & Construction industry, the median Graham Number is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watkin Jones's current Graham Number is £0.47, which is 66% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watkin Jones stock overvalued right now?
Based on GuruFocus' analysis, Watkin Jones (CHIX:WJGL) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.25, compared to a current price of £0.18 — trading 26.9% below its estimated fair value. The current Graham Number is £0.47, which is 66% below median its 10-year median of 1.39. Watkin Jones' overall GF Score™ is 39/100 with 4 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 Watkin Jones (CHIX:WJGL), the current Graham Number is £0.47 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 Watkin Jones (CHIX:WJGL) Overvalued in 2026?
Based on GuruFocus' analysis, Watkin Jones stock appears to be undervalued.
The current stock price of £0.18 is trading 26.9% below its estimated GF Value™ of £0.25.
GuruFocus considers Watkin Jones to be Modestly Undervalued.
Key valuation signals for CHIX:WJGL:
Graham Number: £0.47 (66% below median its 10-year median of 1.39)
GF Value™: £0.25 vs. price of £0.18 (26.9% below fair value)
No single metric tells the full story. See the CHIX:WJGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Watkin Jones PLC is engaged in property development and the management of properties for multiple residential occupations. Its service includes site identification and procurement, planning consent, construction delivery, and asset management. The company's operating segments include Student accommodation, Build to Rent, Affordable Homes, Refresh, and Accommodation management. The majority of its revenue is derived from build-to-rent segments.
39GF Score
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