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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.
As of today (2026-08-18), the stock price of Goosehead Insurance is $64.53. Goosehead Insurance's graham number for the quarter that ended in Jun. 2026 was $N/A. Therefore, Goosehead Insurance's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Goosehead Insurance's Graham Number or its related term are showing as below:
During the past 10 years, the highest Price to Graham Number ratio of Goosehead Insurance was 237.60. The lowest was 9.04. And the median was 30.83.
GSHD's Price-to-Graham-Number is not ranked *
in the Insurance industry.
Industry Median: 0.92 * Ranked among companies with meaningful Price-to-Graham-Number only.
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Goosehead Insurance (NAS:GSHD) 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.
Goosehead Insurance's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
64.53
/
N/A
=
N/A
* 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.
Goosehead Insurance Graham Number Related Terms
Goosehead Insurance Graham Number Historical Data
* Premium members only.
The historical data trend for Goosehead Insurance'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.
GSHD vs LIFE, CRD.A, TWFG: Graham Number Comparison
For the Insurance Brokers subindustry, Goosehead Insurance'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.
Goosehead Insurance Price-to-Graham-Number vs Insurance Industry
For the Insurance industry and Financial Services sector, Goosehead Insurance's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Goosehead Insurance'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.
Goosehead Insurance (GSHD) has a Graham Number of $N/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Goosehead Insurance and its competitors. Over the past decade, Goosehead Insurance's Graham Number has ranged from 9.04 to 237.60. According to the industry distribution chart, Goosehead Insurance ranks #999999 out of 429 companies in the Insurance industry.
Is Goosehead Insurance's Graham Number too high?
Goosehead Insurance's current Graham Number is $N/A. Over the past 10 years, this metric has ranged from a low of 9.04 to a high of 237.60. Based on the distribution chart, Goosehead Insurance ranks #999999 out of 429 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Goosehead Insurance has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goosehead Insurance's Graham Number compare to LIFE and CRD.A?
According to the Insurance industry distribution chart, Goosehead Insurance ranks #999999 out of 429 companies for Graham Number. This places Goosehead Insurance in the lower half of its industry. The industry median Graham Number is 0.92. Historically, Goosehead Insurance's own Graham Number has ranged from 9.04 to 237.60 over the past decade. 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 Insurance company?
The median Graham Number among Insurance companies is 0.92, based on 429 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 Goosehead Insurance and its competitors. For the Insurance industry, the median Graham Number is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goosehead Insurance's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goosehead Insurance stock overvalued right now?
Based on GuruFocus' analysis, Goosehead Insurance (GSHD) is currently considered Modestly Undervalued. The stock's GF Value™ is $83.43, compared to a current price of $64.53 — trading 22.7% below its estimated fair value. The current Graham Number is $N/A. Goosehead Insurance's overall GF Score™ is 75/100 with 3 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 Goosehead Insurance (GSHD), the current Graham Number is $N/A 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 Goosehead Insurance (GSHD) Overvalued in 2026?
Based on GuruFocus' analysis, Goosehead Insurance stock appears to be undervalued.
The current stock price of $64.53 is trading 22.7% below its estimated GF Value™ of $83.43.
GuruFocus considers Goosehead Insurance to be Modestly Undervalued.
Key valuation signals for GSHD:
Graham Number: $N/A
GF Value™: $83.43 vs. price of $64.53 (22.7% below fair value)
No single metric tells the full story. See the GSHD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goosehead Insurance Inc operates as an insurance agency. Its insurance products consist of homeowner's insurance; auto insurance; other personal lines products including flood, wind and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance (motorcycle, recreational vehicle and other insurance); commercial lines insurance (general liability, property, and auto insurance for small businesses); and life insurance. Geographically, it operates in Texas, California, Illinois, Florida, and other regions. The company is has a single reportable segment: insurance distribution.
75GF Score
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