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Columbia FinancialCLBK +0.60%60 Graham Number is $11.32 as of Mar. 2026, which is 603% above its 10-year median of 1.61. GuruFocus rates CLBK with a GF Score™ of 60/100 and a GF Value™ of $19.35 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,429 Banks companies, Columbia Financial ranks worse than 69% 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 Columbia Financial is $10.845. Columbia Financial's graham number for the quarter that ended in Mar. 2026 was $11.32. Therefore, Columbia Financial's Price to Graham Number ratio for today is 0.96.
The historical rank and industry rank for Columbia Financial's Graham Number or its related term are showing as below:
CLBK'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.96 Med: 1.61 Max: 7.32
Current: 0.96
During the past 10 years, the highest Price to Graham Number ratio of Columbia Financial was 7.32. The lowest was 0.96. And the median was 1.61.
CLBK's Price-to-Graham-Number is ranked worse than 69% of 1429
companies
in the Banks industry
Industry Median: 0.81
vs CLBK: 0.96
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Columbia Financial (NAS:CLBK) 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.
Columbia Financial's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
10.845
/
11.32
=
0.96
* 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.
Columbia Financial Graham Number Related Terms
Columbia Financial Graham Number Historical Data
* Premium members only.
The historical data trend for Columbia Financial'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.
For the Banks - Regional subindustry, Columbia Financial'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.
Columbia Financial Price-to-Graham-Number vs Banks Industry
For the Banks industry and Financial Services sector, Columbia Financial's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Columbia Financial'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.
Columbia Financial (CLBK) has a Graham Number of $11.32 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Columbia Financial and its competitors. This is 603% above median its historical median of 1.61. Over the past decade, Columbia Financial's Graham Number has ranged from 0.96 to 7.32. According to the industry distribution chart, Columbia Financial ranks #986 out of 1429 companies in the Banks industry, placing it in the top 69%.
Is Columbia Financial's Graham Number too high?
Columbia Financial's current Graham Number of $11.32 is 603% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 7.32. The Banks industry median Graham Number is 0.81. Columbia Financial's value of $11.32 is 1297.5% above this industry median. Based on the distribution chart, Columbia Financial ranks #986 out of 1429 companies in the Banks industry, which is below the industry midpoint. Overall, Columbia Financial has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Columbia Financial's Graham Number compare to MCB and AMTB?
According to the Banks industry distribution chart, Columbia Financial ranks #986 out of 1429 companies for Graham Number. This places Columbia Financial in the lower half of its industry. The industry median Graham Number is 0.81. Columbia Financial's value of $11.32 is 1297.5% above this benchmark. Historically, Columbia Financial's own Graham Number has ranged from 0.96 to 7.32 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 0.81, Columbia Financial has consistently been above the industry average. 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 Banks company?
The median Graham Number among Banks companies is 0.81, based on 1,429 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. Columbia Financial's current Graham Number of $11.32 is 1297.5% above the industry median. 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 Columbia Financial and its competitors. For the Banks industry, the median Graham Number is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Columbia Financial's current Graham Number is $11.32, which is 603% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Columbia Financial stock overvalued right now?
Based on GuruFocus' analysis, Columbia Financial (CLBK) is currently considered Significantly Undervalued. The stock's GF Value™ is $19.35, compared to a current price of $10.85 — trading 44% below its estimated fair value. The current Graham Number is $11.32, which is 603% above median its 10-year median of 1.61 and 1297.5% above the Banks industry median of 0.81. Columbia Financial's overall GF Score™ is 60/100 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 Columbia Financial (CLBK), the current Graham Number is $11.32 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 Columbia Financial (CLBK) Overvalued in 2026?
Based on GuruFocus' analysis, Columbia Financial stock appears to be undervalued.
The current stock price of $10.85 is trading 44% below its estimated GF Value™ of $19.35.
GuruFocus considers Columbia Financial to be Significantly Undervalued.
Key valuation signals for CLBK:
Graham Number: $11.32 (603% above median its 10-year median of 1.61)
GF Value™: $19.35 vs. price of $10.85 (44% below fair value)
Industry Position: 1297.5% above the Banks median (#986 of 1429)
No single metric tells the full story. See the CLBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Columbia Financial Inc is a federally chartered savings bank that serves the financial needs of depositors and the local community as a customer service-focused institution. The company offers traditional financial services to businesses and consumers in its market areas. It attracts deposits from the general public and uses those funds to originate various loans, including multifamily and commercial real estate loans, commercial business loans, one-to-four family real estate loans, construction loans, home equity loans and advances, and other consumer loans. The company also offers title insurance through its wholly owned subsidiary and provides a broad range of insurance products, including personal and business lines of insurance, mainly to customers and New Jersey residents.
60GF Score
Get the complete analysis for CLBK
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