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Capital One FinancialLTS:0HT4 +2.13%79 Graham Number is $220.75 as of Mar. 2026, which is 30992% above its 10-year median of 0.71. GuruFocus rates LTS:0HT4 with a GF Score™ of 79/100 and a GF Value™ of $162.69 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 402 Credit Services companies, Capital One Financial ranks worse than 56.22% 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 (2026-07-16), the stock price of Capital One Financial is $208.59. Capital One Financial's graham number for the quarter that ended in Mar. 2026 was $220.75. Therefore, Capital One Financial's Price to Graham Number ratio for today is 0.94.
The historical rank and industry rank for Capital One Financial's Graham Number or its related term are showing as below:
LTS:0HT4'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.44 Med: 0.71 Max: 1.28
Current: 0.95
During the past 13 years, the highest Price to Graham Number ratio of Capital One Financial was 1.28. The lowest was 0.44. And the median was 0.71.
LTS:0HT4's Price-to-Graham-Number is ranked worse than 56.22% of 402
companies
in the Credit Services industry
Industry Median: 0.815
vs LTS:0HT4: 0.95
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Capital One Financial (LTS:0HT4) 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.
Capital One Financial's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
208.59
/
220.75
=
0.94
* 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.
Capital One Financial Graham Number Related Terms
Capital One Financial Graham Number Historical Data
* Premium members only.
The historical data trend for Capital One Financial'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:0HT4 vs PYPL, AFRM, SYF: Graham Number Comparison
For the Credit Services subindustry, Capital One Financial'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.
Capital One Financial Price-to-Graham-Number vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Capital One Financial's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Capital One Financial'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.
Capital One Financial (LTS:0HT4) has a Graham Number of $220.75 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Capital One Financial and its competitors. This is 30992% above median its historical median of 0.71. Over the past decade, Capital One Financial's Graham Number has ranged from 0.44 to 1.28. According to the industry distribution chart, Capital One Financial ranks #226 out of 402 companies in the Credit Services industry, placing it in the top 56.2%.
Is Capital One Financial's Graham Number too high?
Capital One Financial's current Graham Number of $220.75 is 30992% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.28. The Credit Services industry median Graham Number is 0.82. Capital One Financial's value of $220.75 is 26985.9% above this industry median. Based on the distribution chart, Capital One Financial ranks #226 out of 402 companies in the Credit Services industry, which is below the industry midpoint. Overall, Capital One Financial has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capital One Financial's Graham Number compare to PYPL and AFRM?
According to the Credit Services industry distribution chart, Capital One Financial ranks #226 out of 402 companies for Graham Number. This places Capital One Financial in the lower half of its industry. The industry median Graham Number is 0.82. Capital One Financial's value of $220.75 is 26985.9% above this benchmark. Historically, Capital One Financial's own Graham Number has ranged from 0.44 to 1.28 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 0.82, Capital One Financial 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 Credit Services company?
The median Graham Number among Credit Services companies is 0.82, based on 402 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. Capital One Financial's current Graham Number of $220.75 is 26985.9% 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 Capital One Financial and its competitors. For the Credit Services industry, the median Graham Number is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital One Financial's current Graham Number is $220.75, which is 30992% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital One Financial stock overvalued right now?
Based on GuruFocus' analysis, Capital One Financial (LTS:0HT4) is currently considered Modestly Overvalued. The stock's GF Value™ is $162.69, compared to a current price of $208.59 — trading 28.2% above its estimated fair value. The current Graham Number is $220.75, which is 30992% above median its 10-year median of 0.71 and 26985.9% above the Credit Services industry median of 0.82. Capital One Financial's overall GF Score™ is 79/100 with 3 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 Capital One Financial (LTS:0HT4), the current Graham Number is $220.75 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 Capital One Financial (LTS:0HT4) Overvalued in 2026?
Based on GuruFocus' analysis, Capital One Financial stock appears to be overvalued.
The current stock price of $208.59 is trading 28.2% above its estimated GF Value™ of $162.69.
GuruFocus considers Capital One Financial to be Modestly Overvalued.
Key valuation signals for LTS:0HT4:
Graham Number: $220.75 (30992% above median its 10-year median of 0.71)
GF Value™: $162.69 vs. price of $208.59 (28.2% above fair value)
Industry Position: 26985.9% above the Credit Services median (#226 of 402)
No single metric tells the full story. See the LTS:0HT4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital One Financial is a diversified financial-services holding company headquartered in McLean, Virginia. Originally a spinoff of Signet Financial's credit card division in 1994, the company is now primarily involved in credit card lending, auto loans, and commercial lending. Following the acquisition of Discover in 2025, the firm also has a modest personal loan business, though credit card lending provides the majority of the bank's revenue.
79GF Score
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