ECG (Everus Construction Group) Graham Number: $32.33 (As of Mar. 2026) — 933% Above Median

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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ECG Everus Construction Group Inc ECG
21 GF Score
Price $135.24
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What is Everus Construction Group Graham Number?

Everus Construction Group ECG -2.33% 21 Graham Number is $32.33 as of Mar. 2026, which is 933% above its 10-year median of 3.13. GuruFocus rates ECG with a GF Score™ of 21/100. Among 1,216 Construction companies, Everus Construction Group ranks worse than 90.63% 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 (2026-07-16), the stock price of Everus Construction Group is $135.24. Everus Construction Group's graham number for the quarter that ended in Mar. 2026 was $32.33. Therefore, Everus Construction Group's Price to Graham Number ratio for today is 4.18.

The historical rank and industry rank for Everus Construction Group's Graham Number or its related term are showing as below:

ECG' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.82   Med: 3.13   Max: 4.28
Current: 4.18

During the past 5 years, the highest Price to Graham Number ratio of Everus Construction Group was 4.28. The lowest was 1.82. And the median was 3.13.

ECG's Price-to-Graham-Number is ranked worse than
90.63% of 1216 companies
in the Construction industry
Industry Median: 1.02 vs ECG: 4.18

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Everus Construction Group  (NYSE:ECG) 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.

Everus Construction Group's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=135.24/32.33
=4.18

* 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.


Everus Construction Group Graham Number Related Terms


Everus Construction Group Graham Number Historical Data

* Premium members only.

The historical data trend for Everus Construction Group'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.

Everus Construction Group Graham Number Chart

Everus Construction Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
0.00 15.93 18.99 18.61 29.12

Everus Construction Group Quarterly Data
Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.39 23.03 25.87 29.08 32.33

ECG vs TTEK, FLR, MYRG: Graham Number Comparison

For the Engineering & Construction subindustry, Everus Construction Group'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.


Everus Construction Group Price-to-Graham-Number vs Construction Industry

For the Construction industry and Industrials sector, Everus Construction Group's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Everus Construction Group's Price-to-Graham-Number falls into.


ECG
21GF Score
Everus Construction Group Inc ECG
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Everus Construction Group Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Everus Construction Group's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*9.54*3.95)
=29.12

Everus Construction Group's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*10.652*4.36)
=32.33

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $32.33 mean?
Everus Construction Group (ECG) has a Graham Number of $32.33 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Everus Construction Group and its competitors. This is 933% above median its historical median of 3.13. Over the past decade, Everus Construction Group's Graham Number has ranged from 1.82 to 4.28. According to the industry distribution chart, Everus Construction Group ranks #1102 out of 1216 companies in the Construction industry, placing it in the top 90.6%.
Is Everus Construction Group's Graham Number too high?
Everus Construction Group's current Graham Number of $32.33 is 933% above median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 4.28. The Construction industry median Graham Number is 1.02. Everus Construction Group's value of $32.33 is 3069.6% above this industry median. Based on the distribution chart, Everus Construction Group ranks #1102 out of 1216 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Everus Construction Group has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Everus Construction Group's Graham Number compare to TTEK and FLR?
According to the Construction industry distribution chart, Everus Construction Group ranks #1102 out of 1216 companies for Graham Number. This places Everus Construction Group in the lower half of its industry. The industry median Graham Number is 1.02. Everus Construction Group's value of $32.33 is 3069.6% above this benchmark. Historically, Everus Construction Group's own Graham Number has ranged from 1.82 to 4.28 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 1.02, Everus Construction Group 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 Construction company?
The median Graham Number among Construction companies is 1.02, based on 1,216 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. Everus Construction Group's current Graham Number of $32.33 is 3069.6% 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 Everus Construction Group and its competitors. For the Construction industry, the median Graham Number is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everus Construction Group's current Graham Number is $32.33, which is 933% above median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everus Construction Group stock overvalued right now?
Everus Construction Group (ECG) has a current Graham Number of $32.33. The current Graham Number is $32.33, which is 933% above median its 10-year median of 3.13 and 3069.6% above the Construction industry median of 1.02. Everus Construction Group's overall GF Score™ is 21/100. 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 Everus Construction Group (ECG), the current Graham Number is $32.33 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.

Everus Construction Group Business Description

Other Exchanges T54:Germany
Address 1730 Burnt Boat Drive, Bismarck, ND, USA, 58503
Everus Construction Group Inc is a construction solutions provider, offering specialty contracting services to a diverse set of end markets across the U.S. It operates across two segments Electrical & Mechanical (E&M) and Transmission & Distribution (T&D), and delivers services through its subsidiaries. It generates the majority of revenue from the Electrical & Mechanical segment which offers a wide variety of specialty contracting services, including construction and maintenance of electrical and communication wiring, fire suppression systems, and mechanical piping and services, to customers in both the public and private sectors. Its T&D segment serves electric and natural gas utility customers, as well as customers in the transportation end market, in the West and Midwest regions.
21GF Score

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$135.24
Price