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Warby ParkerMEX:WRBY 69 Graham Number is MXN39.21 as of Jun. 2026, which is 100% below its 10-year median of 17.31. GuruFocus rates MEX:WRBY with a GF Score™ of 69/100 and a GF Value™ of MXN302.34. The stock has 4 warning signs investors should review. Among 401 Medical Devices & Instruments companies, Warby Parker ranks worse than 97.51% 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 (2026-08-11), the stock price of Warby Parker is MXN369.50. Warby Parker's graham number for the quarter that ended in Jun. 2026 was MXN39.21. Therefore, Warby Parker's Price to Graham Number ratio for today is 9.42.
The historical rank and industry rank for Warby Parker's Graham Number or its related term are showing as below:
MEX:WRBY'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 5.88 Med: 17.31 Max: 33.23
Current: 11.9
During the past 7 years, the highest Price to Graham Number ratio of Warby Parker was 33.23. The lowest was 5.88. And the median was 17.31.
MEX:WRBY's Price-to-Graham-Number is ranked worse than 97.51% of 401
companies
in the Medical Devices & Instruments industry
Industry Median: 1.89
vs MEX:WRBY: 11.90
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.
Warby Parker's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
369.50
/
39.21
=
9.42
* 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.
Warby Parker Graham Number Related Terms
Warby Parker Graham Number Historical Data
* Premium members only.
The historical data trend for Warby Parker'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:WRBY vs XRAY, LMAT, PLSE: Graham Number Comparison
For the Medical Instruments & Supplies subindustry, Warby Parker'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.
Warby Parker Price-to-Graham-Number vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Warby Parker's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Warby Parker'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.
Warby Parker (MEX:WRBY) has a Graham Number of MXN39.21 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Warby Parker and its competitors. This is 127% above median its historical median of 17.31. Over the past decade, Warby Parker's Graham Number has ranged from 5.88 to 33.23. According to the industry distribution chart, Warby Parker ranks #391 out of 401 companies in the Medical Devices & Instruments industry, placing it in the top 97.5%.
Is Warby Parker's Graham Number too high?
Warby Parker's current Graham Number of MXN39.21 is 127% above median its 10-year median of 17.31. Over the past 10 years, this metric has ranged from a low of 5.88 to a high of 33.23. Based on the distribution chart, Warby Parker ranks #391 out of 401 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Warby Parker has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Warby Parker's Graham Number compare to XRAY and LMAT?
According to the Medical Devices & Instruments industry distribution chart, Warby Parker ranks #391 out of 401 companies for Graham Number. This places Warby Parker in the lower half of its industry. The industry median Graham Number is 1.89. Historically, Warby Parker's own Graham Number has ranged from 5.88 to 33.23 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 Medical Devices & Instruments company?
The median Graham Number among Medical Devices & Instruments companies is 1.89, based on 401 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 Warby Parker and its competitors. For the Medical Devices & Instruments industry, the median Graham Number is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warby Parker's current Graham Number is MXN39.21, which is 127% above median its own 10-year median of 17.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warby Parker stock overvalued right now?
Warby Parker (MEX:WRBY) has a current Graham Number of MXN39.21. The stock's GF Value™ is MXN302.34, compared to a current price of MXN369.50 — trading 22.2% above its estimated fair value. The current Graham Number is MXN39.21, which is 127% above median its 10-year median of 17.31. Warby Parker's overall GF Score™ is 69/100 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 Warby Parker (MEX:WRBY), the current Graham Number is MXN39.21 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 Warby Parker (MEX:WRBY) Overvalued in 2026?
Based on GuruFocus' analysis, Warby Parker stock appears to be overvalued.
The current stock price of MXN369.50 is trading 22.2% above its estimated GF Value™ of MXN302.34.
Key valuation signals for MEX:WRBY:
Graham Number: MXN39.21 (127% above median its 10-year median of 17.31)
GF Value™: MXN302.34 vs. price of MXN369.50 (22.2% above fair value)
No single metric tells the full story. See the MEX:WRBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Warby Parker Inc is a mission-driven, lifestyle brand that operates at the intersection of design, technology, healthcare, and social enterprise. The Company provides holistic vision care by offering eyewear, contacts, and eye care directly to consumers through its integrated, omnichannel platform. The company predominantly derives revenue from the sales of eyewear products, optical services, and accessories. The firm sells products and services through its stores, website, and mobile apps. Revenue generated from eyewear products includes the sales of prescription and non-prescription optical glasses and sunglasses, contact lenses, eyewear accessories, and expedited shipping charges.
69GF Score
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