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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.
FRA:6B70'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.73 Med: 2.38 Max: 7.91
Current: 2.1
During the past 13 years, the highest Price to Graham Number ratio of Bezeq The Israeli Telecommunication was 7.91. The lowest was 1.73. And the median was 2.38.
FRA:6B70's Price-to-Graham-Number is ranked worse than 58.55% of 193
companies
in the Telecommunication Services industry
Industry Median: 1.56
vs FRA:6B70: 2.10
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Bezeq The Israeli Telecommunication (FRA:6B70) 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.
Bezeq The Israeli Telecommunication's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
7.20
/
1.09
=
6.60
* 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.
Bezeq The Israeli Telecommunication Graham Number Related Terms
Bezeq The Israeli Telecommunication 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.
Bezeq The Israeli Telecommunication Graham Number Chart
For the Telecom Services subindustry, Bezeq The Israeli Telecommunication'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.
Bezeq The Israeli Telecommunication Price-to-Graham-Number vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Bezeq The Israeli Telecommunication's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Bezeq The Israeli Telecommunication'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.
Bezeq The Israeli Telecommunication (FRA:6B70) has a Graham Number of €1.09 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Bezeq The Israeli Telecommunication and its competitors. According to the industry distribution chart, Bezeq The Israeli Telecommunication ranks #113 out of 193 companies in the Telecommunication Services industry, placing it in the top 58.5%.
Is Bezeq The Israeli Telecommunication's Graham Number too high?
Bezeq The Israeli Telecommunication's current Graham Number is €1.09. Based on the distribution chart, Bezeq The Israeli Telecommunication ranks #113 out of 193 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Bezeq The Israeli Telecommunication has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Bezeq The Israeli Telecommunication's Graham Number compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Bezeq The Israeli Telecommunication ranks #113 out of 193 companies for Graham Number. This places Bezeq The Israeli Telecommunication in the lower half of its industry. The industry median Graham Number is 1.56. 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 Telecommunication Services company?
The median Graham Number among Telecommunication Services companies is 1.56, based on 193 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. 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 Bezeq The Israeli Telecommunication and its competitors. For the Telecommunication Services industry, the median Graham Number is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bezeq The Israeli Telecommunication's current Graham Number is €1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bezeq The Israeli Telecommunication stock overvalued right now?
Bezeq The Israeli Telecommunication (FRA:6B70) has a current Graham Number of €1.09. The stock's GF Value™ is €4.93, compared to a current price of €7.20 — trading 46% above its estimated fair value. The current Graham Number is €1.09. Bezeq The Israeli Telecommunication's overall GF Score™ is 82/100 with 4 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 Bezeq The Israeli Telecommunication (FRA:6B70), the current Graham Number is €1.09 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 Bezeq The Israeli Telecommunication (FRA:6B70) Overvalued in 2026?
Based on GuruFocus' analysis, Bezeq The Israeli Telecommunication stock appears to be overvalued.
The current stock price of €7.20 is trading 46% above its estimated GF Value™ of €4.93.
Key valuation signals for FRA:6B70:
Graham Number: €1.09
GF Value™: €4.93 vs. price of €7.20 (46% above fair value)
No single metric tells the full story. See the FRA:6B70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bezeq The Israeli Telecommunication Corp Ltd is a triple-play telecommunications company. The company generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone, Bezeq International, and DBS Satellite Services. The Bezeq segment generates revenue from fixed-line communications and contributes the majority of overall company revenue. Pelephone derives revenue from the provision of mobile services. Bezeq International and DBS Satellite Services produce revenue from the provision of Internet services and satellite TV services, respectively. The company owns telecommunications infrastructure, such as fibre networks. It generates the vast majority of its revenue in Israel.
82GF Score
Get the complete analysis for FRA:6B70
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