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PicS NVMEX:PICSN 37 Graham Number is MXN320.25 as of Jun. 2026. GuruFocus rates MEX:PICSN with a GF Score™ of 37/100. The stock has 2 warning signs investors should review. Among 1,480 Software companies, PicS NV ranks better than 92.5% 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 (2026-08-28), the stock price of PicS NV is MXN217.43. PicS NV's graham number for the quarter that ended in Jun. 2026 was MXN320.25. Therefore, PicS NV's Price to Graham Number ratio for today is 0.68.
The historical rank and industry rank for PicS NV's Graham Number or its related term are showing as below:
MEX:PICSN'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.57 Med: 0.61 Max: 0.63
Current: 0.57
During the past 7 years, the highest Price to Graham Number ratio of PicS NV was 0.63. The lowest was 0.57. And the median was 0.61.
MEX:PICSN's Price-to-Graham-Number is ranked better than 92.5% of 1480
companies
in the Software industry
Industry Median: 1.88
vs MEX:PICSN: 0.57
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.
PicS NV's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
217.43
/
320.25
=
0.68
* 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.
PicS NV Graham Number Related Terms
PicS NV Graham Number Historical Data
* Premium members only.
The historical data trend for PicS NV'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.
MEX:PICSN vs PRGS, NN, GCT: Graham Number Comparison
For the Software - Infrastructure subindustry, PicS NV'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.
PicS NV Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, PicS NV's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where PicS NV'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.
PicS NV (MEX:PICSN) has a Graham Number of MXN320.25 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PicS NV and its competitors. According to the industry distribution chart, PicS NV ranks #111 out of 1480 companies in the Software industry, placing it in the top 7.5%.
Is PicS NV's Graham Number too high?
PicS NV's current Graham Number is MXN320.25. Based on the distribution chart, PicS NV ranks #111 out of 1480 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, PicS NV has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does PicS NV's Graham Number compare to PRGS and NN?
According to the Software industry distribution chart, PicS NV ranks #111 out of 1480 companies for Graham Number. This places PicS NV in the top 8% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.88. 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 1.88, based on 1,480 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 PicS NV and its competitors. For the Software industry, the median Graham Number is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PicS NV's current Graham Number is MXN320.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PicS NV stock overvalued right now?
PicS NV (MEX:PICSN) has a current Graham Number of MXN320.25. The current Graham Number is MXN320.25. PicS NV's overall GF Score™ is 37/100 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 PicS NV (MEX:PICSN), the current Graham Number is MXN320.25 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.
PicS NV is a digital payments company. The company operates a peer-to-peer (P2P) transfer platform that enables individuals to send money via mobile devices. It provides digital wallets, instant payments (Pix), P2P transfers, credit cards, loans, investments, insurance, and SMB payment solutions. The company has four reportable segments: Consumer Banking, Small and Medium-Sized Businesses, Audiences and Ecosystem Integration, and Institutional. The majority of the company's revenue is derived from the Consumer Banking segment, which generates revenue from various transaction activities occurring in the digital wallet, such as Pix, peer-to-peer (P2P) transfers, and bill payments.
37GF Score
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