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ECB BancorpECBK -1.28%71 Graham Number is $22.78 as of Mar. 2026, which is 2248% above its 10-year median of 0.97. GuruFocus rates ECBK with a GF Score™ of 71/100 and a GF Value™ of $20.55 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,433 Banks companies, ECB Bancorp ranks worse than 60.92% 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 (2026-07-21), the stock price of ECB Bancorp is $20.075. ECB Bancorp's graham number for the quarter that ended in Mar. 2026 was $22.78. Therefore, ECB Bancorp's Price to Graham Number ratio for today is 0.88.
The historical rank and industry rank for ECB Bancorp's Graham Number or its related term are showing as below:
ECBK'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.73 Med: 0.97 Max: 1.9
Current: 0.88
During the past 6 years, the highest Price to Graham Number ratio of ECB Bancorp was 1.90. The lowest was 0.73. And the median was 0.97.
ECBK's Price-to-Graham-Number is ranked worse than 60.92% of 1433
companies
in the Banks industry
Industry Median: 0.81
vs ECBK: 0.88
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
ECB Bancorp (NAS:ECBK) 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.
ECB Bancorp's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
20.075
/
22.78
=
0.88
* 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.
ECB Bancorp Graham Number Related Terms
ECB Bancorp Graham Number Historical Data
* Premium members only.
The historical data trend for ECB Bancorp'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.
ECBK vs SBKO, CPKF, FGFH: Graham Number Comparison
For the Banks - Regional subindustry, ECB Bancorp'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.
ECB Bancorp Price-to-Graham-Number vs Banks Industry
For the Banks industry and Financial Services sector, ECB Bancorp's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where ECB Bancorp'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.
ECB Bancorp (ECBK) has a Graham Number of $22.78 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on ECB Bancorp and its competitors. This is 2248% above median its historical median of 0.97. Over the past decade, ECB Bancorp's Graham Number has ranged from 0.73 to 1.90. According to the industry distribution chart, ECB Bancorp ranks #873 out of 1433 companies in the Banks industry, placing it in the top 60.9%.
Is ECB Bancorp's Graham Number too high?
ECB Bancorp's current Graham Number of $22.78 is 2248% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.90. The Banks industry median Graham Number is 0.81. ECB Bancorp's value of $22.78 is 2712.3% above this industry median. Based on the distribution chart, ECB Bancorp ranks #873 out of 1433 companies in the Banks industry, which is below the industry midpoint. Overall, ECB Bancorp has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ECB Bancorp's Graham Number compare to SBKO and CPKF?
According to the Banks industry distribution chart, ECB Bancorp ranks #873 out of 1433 companies for Graham Number. This places ECB Bancorp in the lower half of its industry. The industry median Graham Number is 0.81. ECB Bancorp's value of $22.78 is 2712.3% above this benchmark. Historically, ECB Bancorp's own Graham Number has ranged from 0.73 to 1.90 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.81, ECB Bancorp 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 1,433 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. ECB Bancorp's current Graham Number of $22.78 is 2712.3% 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 ECB Bancorp 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. ECB Bancorp's current Graham Number is $22.78, which is 2248% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECB Bancorp stock overvalued right now?
Based on GuruFocus' analysis, ECB Bancorp (ECBK) is currently considered Fairly Valued. The stock's GF Value™ is $20.55, compared to a current price of $20.08 — trading 2.3% below its estimated fair value. The current Graham Number is $22.78, which is 2248% above median its 10-year median of 0.97 and 2712.3% above the Banks industry median of 0.81. ECB Bancorp's overall GF Score™ is 71/100 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 ECB Bancorp (ECBK), the current Graham Number is $22.78 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 ECB Bancorp (ECBK) Overvalued in 2026?
Based on GuruFocus' analysis, ECB Bancorp stock appears to be undervalued.
The current stock price of $20.08 is trading 2.3% below its estimated GF Value™ of $20.55.
GuruFocus considers ECB Bancorp to be Fairly Valued.
Key valuation signals for ECBK:
Graham Number: $22.78 (2248% above median its 10-year median of 0.97)
GF Value™: $20.55 vs. price of $20.08 (2.3% below fair value)
Industry Position: 2712.3% above the Banks median (#873 of 1433)
No single metric tells the full story. See the ECBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ECB Bancorp Inc operates as a bank holding company. The firm, through its subsidiary, engages in business consisting of taking deposits from the general public and investing those deposits, together with funds generated from operations, in one- to four-family residential real estate loans, commercial real estate, multifamily real estate loans, construction and land loans, and home equity lines of credit.
71GF Score
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