Centuri HoldingsCTRI -0.08%37 Graham Number is $2.38 as of Mar. 2026, which is 83% below its 10-year median of 14.28. GuruFocus rates CTRI with a GF Score™ of 37/100. The stock has 5 warning signs investors should review. Among 416 Utilities - Regulated companies, Centuri Holdings ranks worse than 99.04% 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 (2026-07-09), the stock price of Centuri Holdings is $26.28. Centuri Holdings's graham number for the quarter that ended in Mar. 2026 was $2.38. Therefore, Centuri Holdings's Price to Graham Number ratio for today is 11.04.
The historical rank and industry rank for Centuri Holdings's Graham Number or its related term are showing as below:
CTRI'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 10.97 Med: 14.28 Max: 16.29
Current: 11.04
During the past 6 years, the highest Price to Graham Number ratio of Centuri Holdings was 16.29. The lowest was 10.97. And the median was 14.28.
CTRI's Price-to-Graham-Number is ranked worse than 99.04% of 416
companies
in the Utilities - Regulated industry
Industry Median: 1.11
vs CTRI: 11.04
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Centuri Holdings (NYSE:CTRI) 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.
Centuri Holdings's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
26.28
/
2.38
=
11.04
* 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.
Centuri Holdings Graham Number Related Terms
Centuri Holdings Graham Number Historical Data
* Premium members only.
The historical data trend for Centuri Holdings'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 Utilities - Regulated Gas subindustry, Centuri Holdings'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.
Centuri Holdings Price-to-Graham-Number vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Centuri Holdings's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Centuri Holdings'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.
Centuri Holdings (CTRI) has a Graham Number of $2.38 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Centuri Holdings and its competitors. This is 83% below median its historical median of 14.28. Over the past decade, Centuri Holdings' Graham Number has ranged from 10.97 to 16.29. According to the industry distribution chart, Centuri Holdings ranks #412 out of 416 companies in the Utilities - Regulated industry, placing it in the top 99%.
Is Centuri Holdings' Graham Number too high?
Centuri Holdings' current Graham Number of $2.38 is 83% below median its 10-year median of 14.28. Over the past 10 years, this metric has ranged from a low of 10.97 to a high of 16.29. The Utilities - Regulated industry median Graham Number is 1.11. Centuri Holdings' value of $2.38 is 114.4% above this industry median. Based on the distribution chart, Centuri Holdings ranks #412 out of 416 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Centuri Holdings has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Centuri Holdings' Graham Number compare to CPK and NWN?
According to the Utilities - Regulated industry distribution chart, Centuri Holdings ranks #412 out of 416 companies for Graham Number. This places Centuri Holdings in the lower half of its industry. The industry median Graham Number is 1.11. Centuri Holdings' value of $2.38 is 114.4% above this benchmark. Historically, Centuri Holdings' own Graham Number has ranged from 10.97 to 16.29 over the past decade. While the company's 10-year median is 14.28 vs. the industry median of 1.11, Centuri Holdings 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 an Utilities - Regulated company?
The median Graham Number among Utilities - Regulated companies is 1.11, based on 416 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. Centuri Holdings's current Graham Number of $2.38 is 114.4% 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 Centuri Holdings and its competitors. For the Utilities - Regulated industry, the median Graham Number is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centuri Holdings's current Graham Number is $2.38, which is 83% below median its own 10-year median of 14.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centuri Holdings stock overvalued right now?
Centuri Holdings (CTRI) has a current Graham Number of $2.38. The current Graham Number is $2.38, which is 83% below median its 10-year median of 14.28 and 114.4% above the Utilities - Regulated industry median of 1.11. Centuri Holdings' overall GF Score™ is 37/100 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 Centuri Holdings (CTRI), the current Graham Number is $2.38 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.
Centuri Holdings Inc is a pure-play North American utility infrastructure services company that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. Its service offerings consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. Its reportable segments are: (i) U.S. Gas Utility Services (U.S. Gas); (ii) Canadian Utility Services (Canadian Operations); (iii) Union Electric Utility Services (Union Electric); and (iv) Non-Union Electric Utility Services (Non-Union Electric).
37GF Score
Get the complete analysis for CTRI
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