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Piraeus Port AuthorityLTS:0FHO 78 Graham Number is €34.90 as of Dec. 2025, which is 100% below its 10-year median of 1.10. GuruFocus rates LTS:0FHO with a GF Score™ of 78/100 and a GF Value™ of €34.30 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 743 Transportation companies, Piraeus Port Authority ranks worse than 62.18% 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 Piraeus Port Authority's Graham Number or its related term are showing as below:
LTS:0FHO'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.68 Med: 1.1 Max: 1.99
Current: 1.26
During the past 13 years, the highest Price to Graham Number ratio of Piraeus Port Authority was 1.99. The lowest was 0.68. And the median was 1.10.
LTS:0FHO's Price-to-Graham-Number is ranked worse than 62.18% of 743
companies
in the Transportation industry
Industry Median: 1.02
vs LTS:0FHO: 1.26
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Piraeus Port Authority (LTS:0FHO) 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.
Piraeus Port Authority's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
44.25
/
34.90
=
1.27
* 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.
Piraeus Port Authority Graham Number Related Terms
Piraeus Port Authority 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.
Piraeus Port Authority Graham Number Competitor Comparison
For the Marine Shipping subindustry, Piraeus Port Authority'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.
Piraeus Port Authority Price-to-Graham-Number vs Transportation Industry
For the Transportation industry and Industrials sector, Piraeus Port Authority's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Piraeus Port Authority'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.
Piraeus Port Authority (LTS:0FHO) has a Graham Number of €34.90 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Piraeus Port Authority and its competitors. This is 3073% above median its historical median of 1.10. Over the past decade, Piraeus Port Authority's Graham Number has ranged from 0.68 to 1.99. According to the industry distribution chart, Piraeus Port Authority ranks #462 out of 743 companies in the Transportation industry, placing it in the top 62.2%.
Is Piraeus Port Authority's Graham Number too high?
Piraeus Port Authority's current Graham Number of €34.90 is 3073% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.99. Based on the distribution chart, Piraeus Port Authority ranks #462 out of 743 companies in the Transportation industry, which is below the industry midpoint. Overall, Piraeus Port Authority has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piraeus Port Authority's Graham Number compare to competitors?
According to the Transportation industry distribution chart, Piraeus Port Authority ranks #462 out of 743 companies for Graham Number. This places Piraeus Port Authority in the lower half of its industry. The industry median Graham Number is 1.02. Historically, Piraeus Port Authority's own Graham Number has ranged from 0.68 to 1.99 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 a Transportation company?
The median Graham Number among Transportation companies is 1.02, based on 743 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 Piraeus Port Authority and its competitors. For the Transportation industry, the median Graham Number is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piraeus Port Authority's current Graham Number is €34.90, which is 3073% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piraeus Port Authority stock overvalued right now?
Based on GuruFocus' analysis, Piraeus Port Authority (LTS:0FHO) is currently considered Modestly Overvalued. The stock's GF Value™ is €34.30, compared to a current price of €44.25 — trading 29% above its estimated fair value. The current Graham Number is €34.90, which is 3073% above median its 10-year median of 1.10. Piraeus Port Authority's overall GF Score™ is 78/100 with 2 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 Piraeus Port Authority (LTS:0FHO), the current Graham Number is €34.90 as of Dec. 2025. 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 Piraeus Port Authority (LTS:0FHO) Overvalued in 2026?
Based on GuruFocus' analysis, Piraeus Port Authority stock appears to be overvalued.
The current stock price of €44.25 is trading 29% above its estimated GF Value™ of €34.30.
GuruFocus considers Piraeus Port Authority to be Modestly Overvalued.
Key valuation signals for LTS:0FHO:
Graham Number: €34.90 (3073% above median its 10-year median of 1.10)
GF Value™: €34.30 vs. price of €44.25 (29% above fair value)
No single metric tells the full story. See the LTS:0FHO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piraeus Port Authority SA is engaged in the management and operation of Piraeus port. The main activities of the company are anchoring services of vessels, handling cargo, loading and unloading services as well as goods storage and car transportation. The company is also responsible for the maintenance of port facilities, the supply of port services (water, electricity, telephone connection, and supply), for services provided to travelers (coastal and cruise ships), and for renting space to third parties. Business operating segments of the company include Container Terminal, Car distribution, Coastal shipping, Concession of Piers II & III, Cruise, Ship repairing, and Other segments.
78GF Score
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