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Acushnet HoldingsGOLF -2.47%83 Graham Number is $10.07 as of Mar. 2026, which is 211% above its 10-year median of 3.24. GuruFocus rates GOLF with a GF Score™ of 83/100 and a GF Value™ of $79.52 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 491 Travel & Leisure companies, Acushnet Holdings ranks worse than 97.76% 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 (2026-07-23), the stock price of Acushnet Holdings is $106.70. Acushnet Holdings's graham number for the quarter that ended in Mar. 2026 was $10.07. Therefore, Acushnet Holdings's Price to Graham Number ratio for today is 10.60.
The historical rank and industry rank for Acushnet Holdings's Graham Number or its related term are showing as below:
GOLF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.22 Med: 3.24 Max: 13.59
Current: 10.6
During the past 13 years, the highest Price to Graham Number ratio of Acushnet Holdings was 13.59. The lowest was 2.22. And the median was 3.24.
GOLF's Price-to-Graham-Number is ranked worse than 97.76% of 491
companies
in the Travel & Leisure industry
Industry Median: 1.23
vs GOLF: 10.60
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Acushnet Holdings (NYSE:GOLF) 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.
Acushnet Holdings's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
106.70
/
10.07
=
10.60
* 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.
Acushnet Holdings Graham Number Related Terms
Acushnet Holdings Graham Number Historical Data
* Premium members only.
The historical data trend for Acushnet 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 Leisure subindustry, Acushnet 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.
Acushnet Holdings Price-to-Graham-Number vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Acushnet Holdings's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Acushnet 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.
Acushnet Holdings (GOLF) has a Graham Number of $10.07 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Acushnet Holdings and its competitors. This is 211% above median its historical median of 3.24. Over the past decade, Acushnet Holdings' Graham Number has ranged from 2.22 to 13.59. According to the industry distribution chart, Acushnet Holdings ranks #480 out of 491 companies in the Travel & Leisure industry, placing it in the top 97.8%.
Is Acushnet Holdings' Graham Number too high?
Acushnet Holdings' current Graham Number of $10.07 is 211% above median its 10-year median of 3.24. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 13.59. The Travel & Leisure industry median Graham Number is 1.23. Acushnet Holdings' value of $10.07 is 718.7% above this industry median. Based on the distribution chart, Acushnet Holdings ranks #480 out of 491 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Acushnet Holdings has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acushnet Holdings' Graham Number compare to LTH and PLNT?
According to the Travel & Leisure industry distribution chart, Acushnet Holdings ranks #480 out of 491 companies for Graham Number. This places Acushnet Holdings in the lower half of its industry. The industry median Graham Number is 1.23. Acushnet Holdings' value of $10.07 is 718.7% above this benchmark. Historically, Acushnet Holdings' own Graham Number has ranged from 2.22 to 13.59 over the past decade. While the company's 10-year median is 3.24 vs. the industry median of 1.23, Acushnet 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 a Travel & Leisure company?
The median Graham Number among Travel & Leisure companies is 1.23, based on 491 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. Acushnet Holdings's current Graham Number of $10.07 is 718.7% 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 Acushnet Holdings and its competitors. For the Travel & Leisure industry, the median Graham Number is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acushnet Holdings's current Graham Number is $10.07, which is 211% above median its own 10-year median of 3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acushnet Holdings stock overvalued right now?
Based on GuruFocus' analysis, Acushnet Holdings (GOLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $79.52, compared to a current price of $106.70 — trading 34.2% above its estimated fair value. The current Graham Number is $10.07, which is 211% above median its 10-year median of 3.24 and 718.7% above the Travel & Leisure industry median of 1.23. Acushnet Holdings' overall GF Score™ is 83/100 with 8 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 Acushnet Holdings (GOLF), the current Graham Number is $10.07 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 Acushnet Holdings (GOLF) Overvalued in 2026?
Based on GuruFocus' analysis, Acushnet Holdings stock appears to be overvalued.
The current stock price of $106.70 is trading 34.2% above its estimated GF Value™ of $79.52.
GuruFocus considers Acushnet Holdings to be Significantly Overvalued.
Key valuation signals for GOLF:
Graham Number: $10.07 (211% above median its 10-year median of 3.24)
GF Value™: $79.52 vs. price of $106.70 (34.2% above fair value)
Industry Position: 718.7% above the Travel & Leisure median (#480 of 491)
No single metric tells the full story. See the GOLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, and others. These products are offered through different brands such as Titleist, FootJoy, Scotty Cemeron, Vokey Design, Pinnacle, KJUS, and others. The company's reportable segments are Titleist golf equipment, FootJoy golf wear, and Gofl gear. A majority of its revenue is generated by the Titleist golf equipment segment. Geographically, the company generates maximum revenue from the United States, followed by Europe, Middle East and Asia (EMEA), Japan, Korea, and the Rest of the world.
83GF Score
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