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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.
CTRGF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.73 Med: 3.63 Max: 5.82
Current: 0.74
During the past 11 years, the highest Price to Graham Number ratio of Country Garden Services Holdings Co was 5.82. The lowest was 0.73. And the median was 3.63.
CTRGF's Price-to-Graham-Number is ranked better than 52.39% of 1170
companies
in the Real Estate industry
Industry Median: 0.75
vs CTRGF: 0.74
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Country Garden Services Holdings Co (OTCPK:CTRGF) 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.
Country Garden Services Holdings Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
0.72524
/
0.99
=
0.73
* 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.
Country Garden Services Holdings Co Graham Number Related Terms
Country Garden Services Holdings Co Graham Number Historical Data
* 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.
Country Garden Services Holdings Co Graham Number Chart
CTRGF vs CBRE, BEKE, JLL: Graham Number Comparison
For the Real Estate Services subindustry, Country Garden Services Holdings Co'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.
Country Garden Services Holdings Co Price-to-Graham-Number vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Country Garden Services Holdings Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Country Garden Services Holdings Co'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.
Country Garden Services Holdings Co (CTRGF) has a Graham Number of $0.99 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Country Garden Services Holdings Co and its competitors. This is 73% below median its historical median of 3.63. Over the past decade, Country Garden Services Holdings Co's Graham Number has ranged from 0.73 to 5.82. According to the industry distribution chart, Country Garden Services Holdings Co ranks #557 out of 1170 companies in the Real Estate industry, placing it in the top 47.6%.
Is Country Garden Services Holdings Co's Graham Number too high?
Country Garden Services Holdings Co's current Graham Number of $0.99 is 73% below median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 5.82. The Real Estate industry median Graham Number is 0.75. Country Garden Services Holdings Co's value of $0.99 is 32% above this industry median. Based on the distribution chart, Country Garden Services Holdings Co ranks #557 out of 1170 companies in the Real Estate industry, which is above the industry midpoint. Overall, Country Garden Services Holdings Co has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Country Garden Services Holdings Co's Graham Number compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Country Garden Services Holdings Co ranks #557 out of 1170 companies for Graham Number. This puts Country Garden Services Holdings Co in the upper half of its industry. The industry median Graham Number is 0.75. Country Garden Services Holdings Co's value of $0.99 is 32% above this benchmark. Historically, Country Garden Services Holdings Co's own Graham Number has ranged from 0.73 to 5.82 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 0.75, Country Garden Services Holdings Co 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 Real Estate company?
The median Graham Number among Real Estate companies is 0.75, based on 1,170 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. Country Garden Services Holdings Co's current Graham Number of $0.99 is 32% 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 Country Garden Services Holdings Co and its competitors. For the Real Estate 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. Country Garden Services Holdings Co's current Graham Number is $0.99, which is 73% below median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Country Garden Services Holdings Co stock overvalued right now?
Country Garden Services Holdings Co (CTRGF) has a current Graham Number of $0.99. The stock's GF Value™ is $0.93, compared to a current price of $0.73 — trading 22% below its estimated fair value. The current Graham Number is $0.99, which is 73% below median its 10-year median of 3.63 and 32% above the Real Estate industry median of 0.75. Country Garden Services Holdings Co's overall GF Score™ is 95/100 with 5 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 Country Garden Services Holdings Co (CTRGF), the current Graham Number is $0.99 as of Dec. 2025. 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 Country Garden Services Holdings Co (CTRGF) Overvalued in 2026?
Based on GuruFocus' analysis, Country Garden Services Holdings Co stock appears to be undervalued.
The current stock price of $0.73 is trading 22% below its estimated GF Value™ of $0.93.
Key valuation signals for CTRGF:
Graham Number: $0.99 (73% below median its 10-year median of 3.63)
GF Value™: $0.93 vs. price of $0.73 (22% below fair value)
Industry Position: 32% above the Real Estate median (#557 of 1170)
No single metric tells the full story. See the CTRGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Country Garden Services Holdings Co Business Description
Country Garden Services was listed on the Hong Kong Stock Exchange in June 2018 as a spinoff via introduction by sister developer Country Garden Holdings. As of 2025, Yang Huiyan, chairperson of CGH, was also the largest shareholder of CGS. The firm was among the top residential property management firms in China in terms of revenue and gross floor area under management for 2025. This is mainly ascribed to scalable projects contributed by CGH and rising acquisitions of third-party property management peers. In addition, CGS provides value-added services to developers and homeowners, and city services on public space sanitation and greening.
95GF Score
Get the complete analysis for CTRGF
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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