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What is Innovative Solutions and Support Graham Number?
Innovative Solutions and SupportIA +2.48%94 Graham Number is $4.74 as of Jun. 2026, which is 108% above its 10-year median of 2.28. GuruFocus rates IA with a GF Score™ of 94/100 and a GF Value™ of $17.52 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 217 Aerospace & Defense companies, Innovative Solutions and Support ranks worse than 67.74% 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.
The historical rank and industry rank for Innovative Solutions and Support's Graham Number or its related term are showing as below:
IA'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.76 Med: 2.28 Max: 6.06
Current: 4.54
During the past 13 years, the highest Price to Graham Number ratio of Innovative Solutions and Support was 6.06. The lowest was 0.76. And the median was 2.28.
IA's Price-to-Graham-Number is ranked worse than 67.74% of 217
companies
in the Aerospace & Defense industry
Industry Median: 3.05
vs IA: 4.54
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Innovative Solutions and Support (NAS:IA) 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.
Innovative Solutions and Support's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
21.50
/
4.74
=
4.54
* 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.
Innovative Solutions and Support Graham Number Related Terms
Innovative Solutions and Support 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.
Innovative Solutions and Support Graham Number Chart
For the Aerospace & Defense subindustry, Innovative Solutions and Support'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.
Innovative Solutions and Support Price-to-Graham-Number vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Innovative Solutions and Support's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Innovative Solutions and Support'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.
Innovative Solutions and Support (IA) has a Graham Number of $4.74 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Innovative Solutions and Support and its competitors. This is 108% above median its historical median of 2.28. Over the past decade, Innovative Solutions and Support's Graham Number has ranged from 0.76 to 6.06. According to the industry distribution chart, Innovative Solutions and Support ranks #147 out of 217 companies in the Aerospace & Defense industry, placing it in the top 67.7%.
Is Innovative Solutions and Support's Graham Number too high?
Innovative Solutions and Support's current Graham Number of $4.74 is 108% above median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 6.06. The Aerospace & Defense industry median Graham Number is 3.05. Innovative Solutions and Support's value of $4.74 is 55.4% above this industry median. Based on the distribution chart, Innovative Solutions and Support ranks #147 out of 217 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Innovative Solutions and Support has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovative Solutions and Support's Graham Number compare to MRLN and SPCE?
According to the Aerospace & Defense industry distribution chart, Innovative Solutions and Support ranks #147 out of 217 companies for Graham Number. This places Innovative Solutions and Support in the lower half of its industry. The industry median Graham Number is 3.05. Innovative Solutions and Support's value of $4.74 is 55.4% above this benchmark. Historically, Innovative Solutions and Support's own Graham Number has ranged from 0.76 to 6.06 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 3.05, Innovative Solutions and Support 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 an Aerospace & Defense company?
The median Graham Number among Aerospace & Defense companies is 3.05, based on 217 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. Innovative Solutions and Support's current Graham Number of $4.74 is 55.4% 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 Innovative Solutions and Support and its competitors. For the Aerospace & Defense industry, the median Graham Number is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Solutions and Support's current Graham Number is $4.74, which is 108% above median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Solutions and Support stock overvalued right now?
Based on GuruFocus' analysis, Innovative Solutions and Support (IA) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.52, compared to a current price of $21.50 — trading 22.7% above its estimated fair value. The current Graham Number is $4.74, which is 108% above median its 10-year median of 2.28 and 55.4% above the Aerospace & Defense industry median of 3.05. Innovative Solutions and Support's overall GF Score™ is 94/100 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 Innovative Solutions and Support (IA), the current Graham Number is $4.74 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 Innovative Solutions and Support (IA) Overvalued in 2026?
Based on GuruFocus' analysis, Innovative Solutions and Support stock appears to be overvalued.
The current stock price of $21.50 is trading 22.7% above its estimated GF Value™ of $17.52.
GuruFocus considers Innovative Solutions and Support to be Modestly Overvalued.
Key valuation signals for IA:
Graham Number: $4.74 (108% above median its 10-year median of 2.28)
GF Value™: $17.52 vs. price of $21.50 (22.7% above fair value)
Industry Position: 55.4% above the Aerospace & Defense median (#147 of 217)
No single metric tells the full story. See the IA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovative Solutions and Support Inc is a systems integrator that designs, manufactures, sells, and services air data equipment, engine display systems, standby equipment, primary flight guidance, and cockpit display systems for retrofit applications and original equipment manufacturers. The company supplies integrated Flight Management Systems, Flat Panel Display Systems, Integrated Standby Units, Positioning System receivers that enable reduced carbon footprint navigation, and an Autothrottle, which allows a pilot to automatically control the power setting of the engine and is designed to reduce pilot workload and enhance safety. It sells its products to both the OEM and the retrofit markets.
94GF Score
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