Hercules (LSE:HERC) Graham Number: £N/A (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

LSE:HERC Hercules PLC LSE:HERC
55 GF Score
Price £0.38
GF Value £0.44
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Hercules Graham Number?

Hercules LSE:HERC 55 Graham Number is £N/A as of Mar. 2026. GuruFocus rates LSE:HERC with a GF Score™ of 55/100 and a GF Value™ of £0.44 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 704 Business Services companies, Hercules ranks worse than 142045.31% 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 (2026-08-26), the stock price of Hercules is £0.38. Hercules's graham number for the quarter that ended in Mar. 2026 was £N/A. Therefore, Hercules's Price to Graham Number ratio for today is N/A.

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

During the past 9 years, the highest Price to Graham Number ratio of Hercules was 2.41. The lowest was 0.07. And the median was 1.43.

LSE:HERC's Price-to-Graham-Number is not ranked *
in the Business Services industry.
Industry Median: 1.175
* 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.


Hercules  (LSE:HERC) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.38/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.


Hercules Graham Number Related Terms


Hercules Graham Number Historical Data

* Premium members only.

The historical data trend for Hercules'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.

Hercules Graham Number Chart

Hercules Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Graham Number
Get a 7-Day Free Trial Premium Member Only 0.00 0.13 0.30 0.31 0.00

Hercules Semi-Annual Data
Sep17 Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.26 0.27 0.27 0.00 0.00

LSE:HERC vs KFY, RHI, TNET: Graham Number Comparison

For the Staffing & Employment Services subindustry, Hercules'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.


Hercules Price-to-Graham-Number vs Business Services Industry

For the Business Services industry and Industrials sector, Hercules's Price-to-Graham-Number distribution charts can be found below:

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


LSE:HERC
55GF Score
Hercules PLC LSE:HERC
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hercules Graham Number Calculation

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

Hercules's Graham Number for the fiscal year that ended in Sep. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-0.054*0.047)
=N/A

Hercules's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-0.058*-0.019)
=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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of £N/A mean?
Hercules (LSE:HERC) has a Graham Number of £N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Hercules and its competitors. According to the industry distribution chart, Hercules ranks #999999 out of 704 companies in the Business Services industry.
Is Hercules' Graham Number too high?
Hercules' current Graham Number is £N/A. Based on the distribution chart, Hercules ranks #999999 out of 704 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Hercules has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hercules' Graham Number compare to KFY and RHI?
According to the Business Services industry distribution chart, Hercules ranks #999999 out of 704 companies for Graham Number. This places Hercules in the lower half of its industry. The industry median Graham Number is 1.18. 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 Business Services company?
The median Graham Number among Business Services companies is 1.18, based on 704 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 Hercules and its competitors. For the Business Services industry, the median Graham Number is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hercules'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 Hercules stock overvalued right now?
Based on GuruFocus' analysis, Hercules (LSE:HERC) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.44, compared to a current price of £0.38 — trading 13.6% below its estimated fair value. The current Graham Number is £N/A. Hercules' overall GF Score™ is 55/100 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 Hercules (LSE:HERC), the current Graham Number is £N/A 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 Hercules (LSE:HERC) Overvalued in 2026?

Based on GuruFocus' analysis, Hercules stock appears to be undervalued. The current stock price of £0.38 is trading 13.6% below its estimated GF Value™ of £0.44. GuruFocus considers Hercules to be Modestly Undervalued.

Key valuation signals for LSE:HERC:

  • Graham Number: £N/A
  • GF Value™: £0.44 vs. price of £0.38 (13.6% below fair value)
  • GF Score™: 55/100 with 8 warning signs

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


Hercules Business Description

Address Broadway Lane, South Cerney, Lakeside Business Park, Hercules Court, Cirencester, GBR, GL7 5XZ
Hercules PLC is a technology-enabled labour supply company for the UK infrastructure and construction sectors. The company provides general labour for highway projects, specialised operators for the water sector, and health and well-being support. The segments of the company are Labour supply engaged in the provision of labour to customers Civil projects represents work performed under contracts with customers to undertake construction and/or civil engineering work, and Other activities. The company derives maximum revenue from Labour supply segment. Labour supply is engaged in providing flexible and reliable workforce solutions tailored to meet the demands of each project.
55GF Score

Get the complete analysis for LSE:HERC

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

£0.38
Price
£0.44
GF Value