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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 (2026-09-16), the stock price of VBG Group AB is kr306.50. VBG Group AB's graham number for the quarter that ended in Jun. 2026 was kr148.19. Therefore, VBG Group AB's Price to Graham Number ratio for today is 2.07.
The historical rank and industry rank for VBG Group AB's Graham Number or its related term are showing as below:
LTS:0GXK'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.02 Med: 1.97 Max: 8.21
Current: 2.06
During the past 13 years, the highest Price to Graham Number ratio of VBG Group AB was 8.21. The lowest was 1.02. And the median was 1.97.
LTS:0GXK's Price-to-Graham-Number is ranked worse than 75.38% of 991
companies
in the Vehicles & Parts industry
Industry Median: 1.1
vs LTS:0GXK: 2.06
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
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.
VBG Group AB's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
306.50
/
148.22
=
2.07
* 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.
VBG Group AB Graham Number Related Terms
VBG Group AB Graham Number Historical Data
* Premium members only.
The historical data trend for VBG Group AB'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.
LTS:0GXK vs ORLY, AZO, GPC: Graham Number Comparison
For the Auto Parts subindustry, VBG Group AB'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.
VBG Group AB Price-to-Graham-Number vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, VBG Group AB's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where VBG Group AB'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.
VBG Group AB (LTS:0GXK) has a Graham Number of kr148.19 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on VBG Group AB and its competitors. According to the industry distribution chart, VBG Group AB ranks #747 out of 991 companies in the Vehicles & Parts industry, placing it in the top 75.4%.
Is VBG Group AB's Graham Number too high?
VBG Group AB's current Graham Number is kr148.19. Based on the distribution chart, VBG Group AB ranks #747 out of 991 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, VBG Group AB has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VBG Group AB's Graham Number compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, VBG Group AB ranks #747 out of 991 companies for Graham Number. This places VBG Group AB in the lower half of its industry. The industry median Graham Number is 1.10. 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 Vehicles & Parts company?
The median Graham Number among Vehicles & Parts companies is 1.10, based on 991 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 VBG Group AB and its competitors. For the Vehicles & Parts industry, the median Graham Number is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VBG Group AB's current Graham Number is kr148.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VBG Group AB stock overvalued right now?
Based on GuruFocus' analysis, VBG Group AB (LTS:0GXK) is currently considered Fairly Valued. The stock's GF Value™ is kr317.40, compared to a current price of kr306.50 — trading 3.4% below its estimated fair value. The current Graham Number is kr148.19. VBG Group AB's overall GF Score™ is 90/100 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 VBG Group AB (LTS:0GXK), the current Graham Number is kr148.19 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 VBG Group AB (LTS:0GXK) Overvalued in 2026?
Based on GuruFocus' analysis, VBG Group AB stock appears to be undervalued.
The current stock price of kr306.50 is trading 3.4% below its estimated GF Value™ of kr317.40.
GuruFocus considers VBG Group AB to be Fairly Valued.
Key valuation signals for LTS:0GXK:
Graham Number: kr148.19
GF Value™: kr317.40 vs. price of kr306.50 (3.4% below fair value)
No single metric tells the full story. See the LTS:0GXK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VBG Group AB is an international industrial group. The Parent Company VBG Group AB is a long-term owner that provides active management of the Group's three wholly owned divisions through considerable industrial expertise, a strong corporate culture and financial resilience. The Group's divisions - Truck & Trailer Equipment, Mobile Thermal Solutions and Ringfeder Power Transmission - develop, manufacture, market and sell products under strong, well-known brands all over the world.
90GF Score
Get the complete analysis for LTS:0GXK
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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