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Liquidity ServicesLQDT -1.95%66 Graham Number is $11.20 as of Jun. 2026, which is 244% above its 10-year median of 3.26. GuruFocus rates LQDT with a GF Score™ of 66/100 and a GF Value™ of $28.10 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 765 Retail - Cyclical companies, Liquidity Services ranks worse than 88.5% 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 (2026-08-20), the stock price of Liquidity Services is $42.75. Liquidity Services's graham number for the quarter that ended in Jun. 2026 was $11.20. Therefore, Liquidity Services's Price to Graham Number ratio for today is 3.82.
The historical rank and industry rank for Liquidity Services's Graham Number or its related term are showing as below:
LQDT'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.23 Med: 3.26 Max: 6.6
Current: 3.82
During the past 13 years, the highest Price to Graham Number ratio of Liquidity Services was 6.60. The lowest was 2.23. And the median was 3.26.
LQDT's Price-to-Graham-Number is ranked worse than 88.5% of 765
companies
in the Retail - Cyclical industry
Industry Median: 1.23
vs LQDT: 3.82
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Liquidity Services (NAS:LQDT) 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.
Liquidity Services's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
42.75
/
11.20
=
3.82
* 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.
Liquidity Services Graham Number Related Terms
Liquidity Services Graham Number Historical Data
* Premium members only.
The historical data trend for Liquidity Services'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.
LQDT vs TDUP, JMIA, RVLV: Graham Number Comparison
For the Internet Retail subindustry, Liquidity Services'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.
Liquidity Services Price-to-Graham-Number vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Liquidity Services's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Liquidity Services'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.
Liquidity Services (LQDT) has a Graham Number of $11.20 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Liquidity Services and its competitors. This is 244% above median its historical median of 3.26. Over the past decade, Liquidity Services' Graham Number has ranged from 2.23 to 6.60. According to the industry distribution chart, Liquidity Services ranks #677 out of 765 companies in the Retail - Cyclical industry, placing it in the top 88.5%.
Is Liquidity Services' Graham Number too high?
Liquidity Services' current Graham Number of $11.20 is 244% above median its 10-year median of 3.26. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 6.60. The Retail - Cyclical industry median Graham Number is 1.23. Liquidity Services' value of $11.20 is 810.6% above this industry median. Based on the distribution chart, Liquidity Services ranks #677 out of 765 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Liquidity Services has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Liquidity Services' Graham Number compare to TDUP and JMIA?
According to the Retail - Cyclical industry distribution chart, Liquidity Services ranks #677 out of 765 companies for Graham Number. This places Liquidity Services in the lower half of its industry. The industry median Graham Number is 1.23. Liquidity Services' value of $11.20 is 810.6% above this benchmark. Historically, Liquidity Services' own Graham Number has ranged from 2.23 to 6.60 over the past decade. While the company's 10-year median is 3.26 vs. the industry median of 1.23, Liquidity Services 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 Retail - Cyclical company?
The median Graham Number among Retail - Cyclical companies is 1.23, based on 765 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. Liquidity Services's current Graham Number of $11.20 is 810.6% 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 Liquidity Services and its competitors. For the Retail - Cyclical 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. Liquidity Services's current Graham Number is $11.20, which is 244% above median its own 10-year median of 3.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liquidity Services stock overvalued right now?
Based on GuruFocus' analysis, Liquidity Services (LQDT) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.10, compared to a current price of $42.75 — trading 52.1% above its estimated fair value. The current Graham Number is $11.20, which is 244% above median its 10-year median of 3.26 and 810.6% above the Retail - Cyclical industry median of 1.23. Liquidity Services' overall GF Score™ is 66/100 with 7 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 Liquidity Services (LQDT), the current Graham Number is $11.20 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 Liquidity Services (LQDT) Overvalued in 2026?
Based on GuruFocus' analysis, Liquidity Services stock appears to be overvalued.
The current stock price of $42.75 is trading 52.1% above its estimated GF Value™ of $28.10.
GuruFocus considers Liquidity Services to be Significantly Overvalued.
Key valuation signals for LQDT:
Graham Number: $11.20 (244% above median its 10-year median of 3.26)
GF Value™: $28.10 vs. price of $42.75 (52.1% above fair value)
Industry Position: 810.6% above the Retail - Cyclical median (#677 of 765)
No single metric tells the full story. See the LQDT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Liquidity Services Inc is an online auction marketplace. It manages and sells inventory and equipment for business and government clients by operating a network of e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering across different product categories. The company has four reportable segments: GovDeals, Retail Supply Chain Group (RSCG), and Machinio & Software Solutions. It generates majority of its revenue from Retail Supply Chain Group (RSCG) segment which consists of marketplaces that enable corporations located in the United States and Canada to sell excess, returned, and overstocked consumer goods. Geographically, a substantial portion the company's revenue is generated from its business in United States.
66GF Score
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