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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 (2026-08-25), the stock price of Cirrus Logic is $111.43. Cirrus Logic's graham number for the quarter that ended in Jun. 2026 was $84.54. Therefore, Cirrus Logic's Price to Graham Number ratio for today is 1.32.
The historical rank and industry rank for Cirrus Logic's Graham Number or its related term are showing as below:
CRUS'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.27 Med: 1.75 Max: 2.47
Current: 1.32
During the past 13 years, the highest Price to Graham Number ratio of Cirrus Logic was 2.47. The lowest was 1.27. And the median was 1.75.
CRUS's Price-to-Graham-Number is ranked better than 74.34% of 686
companies
in the Semiconductors industry
Industry Median: 2.475
vs CRUS: 1.32
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
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.
Cirrus Logic's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
111.43
/
84.54
=
1.32
* 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.
Cirrus Logic Graham Number Related Terms
Cirrus Logic Graham Number Historical Data
* Premium members only.
The historical data trend for Cirrus Logic'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 Semiconductors subindustry, Cirrus Logic'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.
Cirrus Logic Price-to-Graham-Number vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Cirrus Logic's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Cirrus Logic'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.
Cirrus Logic (CRUS) has a Graham Number of $84.54 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Cirrus Logic and its competitors. According to the industry distribution chart, Cirrus Logic ranks #176 out of 686 companies in the Semiconductors industry, placing it in the top 25.7%.
Is Cirrus Logic's Graham Number too high?
Cirrus Logic's current Graham Number is $84.54. The Semiconductors industry median Graham Number is 2.48. Cirrus Logic's value of $84.54 is 3315.8% above this industry median. Based on the distribution chart, Cirrus Logic ranks #176 out of 686 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Cirrus Logic has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cirrus Logic's Graham Number compare to MXL and SLAB?
According to the Semiconductors industry distribution chart, Cirrus Logic ranks #176 out of 686 companies for Graham Number. This puts Cirrus Logic in the upper half of its industry. The industry median Graham Number is 2.48. Cirrus Logic's value of $84.54 is 3315.8% above this benchmark. 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 Semiconductors company?
The median Graham Number among Semiconductors companies is 2.48, based on 686 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. Cirrus Logic's current Graham Number of $84.54 is 3315.8% 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 Cirrus Logic and its competitors. For the Semiconductors industry, the median Graham Number is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cirrus Logic's current Graham Number is $84.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cirrus Logic stock overvalued right now?
Based on GuruFocus' analysis, Cirrus Logic (CRUS) is currently considered Modestly Undervalued. The stock's GF Value™ is $126.83, compared to a current price of $111.43 — trading 12.1% below its estimated fair value. The current Graham Number is $84.54 and 3315.8% above the Semiconductors industry median of 2.48. Cirrus Logic's overall GF Score™ is 88/100 with 1 warning sign 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 Cirrus Logic (CRUS), the current Graham Number is $84.54 as of Jun. 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 Cirrus Logic (CRUS) Overvalued in 2026?
Based on GuruFocus' analysis, Cirrus Logic stock appears to be undervalued.
The current stock price of $111.43 is trading 12.1% below its estimated GF Value™ of $126.83.
GuruFocus considers Cirrus Logic to be Modestly Undervalued.
Key valuation signals for CRUS:
Graham Number: $84.54
GF Value™: $126.83 vs. price of $111.43 (12.1% below fair value)
Industry Position: 3315.8% above the Semiconductors median (#176 of 686)
No single metric tells the full story. See the CRUS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cirrus Logic Inc is a supplier of low-power, low-latency, high-precision audio components that are used in a variety of applications, including smartphones, PCs, tablets, AR/VR headsets, wearables, home theater systems, automotive entertainment systems, and professional audio systems. The firm's products are organized into two streams: audio products and HPMS Products. These products include amplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters, and standalone digital signal processors, Camera controllers, haptics and sensing solutions, and battery and power ICs. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, India, South Korea, and countries across the world.
88GF Score
Get the complete analysis for CRUS
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