CDW (MEX:CDW) Graham Number: MXNN/A (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

MEX:CDW CDW Corp MEX:CDW
56 GF Score
Price MXN2,410.00
GF Value MXN5,639.81
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is CDW Graham Number?

CDW MEX:CDW 56 Graham Number is MXNN/A as of Mar. 2026. GuruFocus rates MEX:CDW with a GF Score™ of 56/100 and a GF Value™ of MXN5,639.81 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,475 Software companies, CDW ranks worse than 67796.54% 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 (2026-07-15), the stock price of CDW is MXN2410.00. CDW's graham number for the quarter that ended in Mar. 2026 was MXNN/A. Therefore, CDW's Price to Graham Number ratio for today is N/A.

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

MEX:CDW's Price-to-Graham-Number is not ranked *
in the Software industry.
Industry Median: 1.85
* 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.


CDW  (MEX:CDW) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=2410.00/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.


CDW Graham Number Related Terms


CDW Graham Number Historical Data

* Premium members only.

The historical data trend for CDW'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.

CDW Graham Number Chart

CDW Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

CDW Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

MEX:CDW vs BR, CTSH, FIS: Graham Number Comparison

For the Information Technology Services subindustry, CDW'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.


CDW Price-to-Graham-Number vs Software Industry

For the Software industry and Technology sector, CDW's Price-to-Graham-Number distribution charts can be found below:

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


MEX:CDW
56GF Score
CDW Corp MEX:CDW
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CDW Graham Number Calculation

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

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

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-451.2*180.417)
=N/A

CDW'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*-455.573*186.059)
=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 MXNN/A mean?
CDW (MEX:CDW) has a Graham Number of MXNN/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on CDW and its competitors. According to the industry distribution chart, CDW ranks #999999 out of 1475 companies in the Software industry.
Is CDW's Graham Number too high?
CDW's current Graham Number is MXNN/A. Based on the distribution chart, CDW ranks #999999 out of 1475 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, CDW has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CDW's Graham Number compare to BR and CTSH?
According to the Software industry distribution chart, CDW ranks #999999 out of 1475 companies for Graham Number. This places CDW in the lower half of its industry. The industry median Graham Number is 1.85. 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 Software company?
The median Graham Number among Software companies is 1.85, based on 1,475 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 CDW and its competitors. For the Software industry, the median Graham Number is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDW's current Graham Number is MXNN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDW stock overvalued right now?
Based on GuruFocus' analysis, CDW (MEX:CDW) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN5,639.81, compared to a current price of MXN2,410.00 — trading 57.3% below its estimated fair value. The current Graham Number is MXNN/A. CDW's overall GF Score™ is 56/100 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 CDW (MEX:CDW), the current Graham Number is MXNN/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 CDW (MEX:CDW) Overvalued in 2026?

Based on GuruFocus' analysis, CDW stock appears to be undervalued. The current stock price of MXN2,410.00 is trading 57.3% below its estimated GF Value™ of MXN5,639.81. GuruFocus considers CDW to be Significantly Undervalued.

Key valuation signals for MEX:CDW:

  • Graham Number: MXNN/A
  • GF Value™: MXN5,639.81 vs. price of MXN2,410.00 (57.3% below fair value)
  • GF Score™: 56/100 with 2 warning signs

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


CDW Business Description

Address 200 North Milwaukee Avenue, Vernon Hills, IL, USA, 60061
CDW Corp is a multi-brand provider of information technology (IT) solutions to businesses, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. The company's offerings range from hardware and software products to integrated IT solutions and services, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. Its reportable segments are Corporate, Small Business, Public, and Other. The Corporate and Small Business segments serve US private sector business customers, while the Public segment consists of government agencies and education and healthcare institutions in the US. The Corporate segment generates the majority of its revenue in the United States.
56GF Score

Get the complete analysis for MEX:CDW

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

MXN2,410.00
Price
MXN5,639.81
GF Value