IOT (Samsara) Graham Number: $6.01 (As of Apr. 2026) — 61% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

IOT Samsara Inc IOT
78 GF Score
Price $38.37
GF Value $57.25
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Samsara Graham Number?

Samsara IOT +2.31% 78 Graham Number is $6.01 as of Apr. 2026, which is 61% below its 10-year median of 15.47. GuruFocus rates IOT with a GF Score™ of 78/100 and a GF Value™ of $57.25 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,479 Software companies, Samsara ranks worse than 90.4% 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 (2026-07-29), the stock price of Samsara is $38.365. Samsara's graham number for the quarter that ended in Apr. 2026 was $6.01. Therefore, Samsara's Price to Graham Number ratio for today is 6.39.

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

IOT' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 4.78   Med: 15.47   Max: 36.62
Current: 6.38

During the past 7 years, the highest Price to Graham Number ratio of Samsara was 36.62. The lowest was 4.78. And the median was 15.47.

IOT's Price-to-Graham-Number is ranked worse than
90.4% of 1479 companies
in the Software industry
Industry Median: 1.86 vs IOT: 6.38

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


Samsara  (NYSE:IOT) 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.

Samsara's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Apr. 2026 )
=38.365/6.01
=6.39

* 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.


Samsara Graham Number Related Terms


Samsara Graham Number Historical Data

* Premium members only.

The historical data trend for Samsara'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.

Samsara Graham Number Chart

Samsara Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Graham Number
Get a 7-Day Free Trial 0.00 0.00 1.62 3.33 5.55

Samsara Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.85 4.42 4.99 5.55 6.01

IOT vs TOST, AKAM, FFIV: Graham Number Comparison

For the Software - Infrastructure subindustry, Samsara'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.


Samsara Price-to-Graham-Number vs Software Industry

For the Software industry and Technology sector, Samsara's Price-to-Graham-Number distribution charts can be found below:

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


IOT
78GF Score
Samsara Inc IOT
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Samsara Graham Number Calculation

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

Samsara's Graham Number for the fiscal year that ended in Jan. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*2.446*0.56)
=5.55

Samsara's Graham Number for the quarter that ended in Apr. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*2.587*0.62)
=6.01

* 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 $6.01 mean?
Samsara (IOT) has a Graham Number of $6.01 as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Samsara and its competitors. This is 61% below median its historical median of 15.47. Over the past decade, Samsara's Graham Number has ranged from 4.78 to 36.62. According to the industry distribution chart, Samsara ranks #1337 out of 1479 companies in the Software industry, placing it in the top 90.4%.
Is Samsara's Graham Number too high?
Samsara's current Graham Number of $6.01 is 61% below median its 10-year median of 15.47. Over the past 10 years, this metric has ranged from a low of 4.78 to a high of 36.62. The Software industry median Graham Number is 1.86. Samsara's value of $6.01 is 223.1% above this industry median. Based on the distribution chart, Samsara ranks #1337 out of 1479 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Samsara has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Samsara's Graham Number compare to TOST and AKAM?
According to the Software industry distribution chart, Samsara ranks #1337 out of 1479 companies for Graham Number. This places Samsara in the lower half of its industry. The industry median Graham Number is 1.86. Samsara's value of $6.01 is 223.1% above this benchmark. Historically, Samsara's own Graham Number has ranged from 4.78 to 36.62 over the past decade. While the company's 10-year median is 15.47 vs. the industry median of 1.86, Samsara 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 Software company?
The median Graham Number among Software companies is 1.86, based on 1,479 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. Samsara's current Graham Number of $6.01 is 223.1% 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 Samsara and its competitors. For the Software industry, the median Graham Number is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samsara's current Graham Number is $6.01, which is 61% below median its own 10-year median of 15.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samsara stock overvalued right now?
Based on GuruFocus' analysis, Samsara (IOT) is currently considered Significantly Undervalued. The stock's GF Value™ is $57.25, compared to a current price of $38.37 — trading 33% below its estimated fair value. The current Graham Number is $6.01, which is 61% below median its 10-year median of 15.47 and 223.1% above the Software industry median of 1.86. Samsara's overall GF Score™ is 78/100 with 1 warning sign 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 Samsara (IOT), the current Graham Number is $6.01 as of Apr. 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 Samsara (IOT) Overvalued in 2026?

Based on GuruFocus' analysis, Samsara stock appears to be undervalued. The current stock price of $38.37 is trading 33% below its estimated GF Value™ of $57.25. GuruFocus considers Samsara to be Significantly Undervalued.

Key valuation signals for IOT:

  • Graham Number: $6.01 (61% below median its 10-year median of 15.47)
  • GF Value™: $57.25 vs. price of $38.37 (33% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 223.1% above the Software median (#1337 of 1479)

No single metric tells the full story. See the IOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Samsara Business Description

Other Exchanges IOT:MexicoYL8:Germany
Address 1 De Haro Street, San Francisco, CA, USA, 94107
Samsara Inc provides an end-to-end solution for operations. The company's Connected Operations Platform consolidates data from its IoT devices and a growing ecosystem of connected assets and third-party systems, and makes it easy for organizations to access, analyze, and act on data insights using its cloud dashboard, custom alerts and reports, mobile apps, and workflows. The company derives almost all of its revenue from subscription services. Geographically, it derives a majority of its revenue from the United States. The company's customers range from small and medium-sized businesses to state and local governments.
78GF Score

Get the complete analysis for IOT

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.37
Price
$57.25
GF Value