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.
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.
What is Gabetti Property Solutions SpA Graham Number?
Gabetti Property Solutions SpAMIL:GAB +0.55%34 Graham Number is €0.57 as of Dec. 2025, which is 100% below its 10-year median of 0.86. GuruFocus rates MIL:GAB with a GF Score™ of 34/100 and a GF Value™ of €0.51 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,170 Real Estate companies, Gabetti Property Solutions SpA ranks better than 59.91% 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.
The historical rank and industry rank for Gabetti Property Solutions SpA's Graham Number or its related term are showing as below:
MIL:GAB'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.51 Med: 0.86 Max: 5.71
Current: 0.65
During the past 13 years, the highest Price to Graham Number ratio of Gabetti Property Solutions SpA was 5.71. The lowest was 0.51. And the median was 0.86.
MIL:GAB's Price-to-Graham-Number is ranked better than 59.91% of 1170
companies
in the Real Estate industry
Industry Median: 0.74
vs MIL:GAB: 0.65
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Gabetti Property Solutions SpA (MIL:GAB) 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.
Gabetti Property Solutions SpA's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
0.368
/
0.57
=
0.65
* 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.
Gabetti Property Solutions SpA Graham Number Related Terms
Gabetti Property Solutions SpA Graham Number Historical Data
* 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.
Gabetti Property Solutions SpA Graham Number Chart
MIL:GAB vs CBRE, BEKE, JLL: Graham Number Comparison
For the Real Estate Services subindustry, Gabetti Property Solutions SpA'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.
Gabetti Property Solutions SpA Price-to-Graham-Number vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Gabetti Property Solutions SpA's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Gabetti Property Solutions SpA'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.
Gabetti Property Solutions SpA (MIL:GAB) has a Graham Number of €0.57 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Gabetti Property Solutions SpA and its competitors. This is 34% below median its historical median of 0.86. Over the past decade, Gabetti Property Solutions SpA's Graham Number has ranged from 0.51 to 5.71. According to the industry distribution chart, Gabetti Property Solutions SpA ranks #469 out of 1170 companies in the Real Estate industry, placing it in the top 40.1%.
Is Gabetti Property Solutions SpA's Graham Number too high?
Gabetti Property Solutions SpA's current Graham Number of €0.57 is 34% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 5.71. Based on the distribution chart, Gabetti Property Solutions SpA ranks #469 out of 1170 companies in the Real Estate industry, which is above the industry midpoint. Overall, Gabetti Property Solutions SpA has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gabetti Property Solutions SpA's Graham Number compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Gabetti Property Solutions SpA ranks #469 out of 1170 companies for Graham Number. This puts Gabetti Property Solutions SpA in the upper half of its industry. The industry median Graham Number is 0.74. Historically, Gabetti Property Solutions SpA's own Graham Number has ranged from 0.51 to 5.71 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 Real Estate company?
The median Graham Number among Real Estate companies is 0.74, based on 1,170 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 Gabetti Property Solutions SpA and its competitors. For the Real Estate industry, the median Graham Number is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gabetti Property Solutions SpA's current Graham Number is €0.57, which is 34% below median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gabetti Property Solutions SpA stock overvalued right now?
Based on GuruFocus' analysis, Gabetti Property Solutions SpA (MIL:GAB) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.51, compared to a current price of €0.37 — trading 27.8% below its estimated fair value. The current Graham Number is €0.57, which is 34% below median its 10-year median of 0.86. Gabetti Property Solutions SpA's overall GF Score™ is 34/100 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 Gabetti Property Solutions SpA (MIL:GAB), the current Graham Number is €0.57 as of Dec. 2025. 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 Gabetti Property Solutions SpA (MIL:GAB) Overvalued in 2026?
Based on GuruFocus' analysis, Gabetti Property Solutions SpA stock appears to be undervalued.
The current stock price of €0.37 is trading 27.8% below its estimated GF Value™ of €0.51.
GuruFocus considers Gabetti Property Solutions SpA to be Modestly Undervalued.
Key valuation signals for MIL:GAB:
Graham Number: €0.57 (34% below median its 10-year median of 0.86)
GF Value™: €0.51 vs. price of €0.37 (27.8% below fair value)
No single metric tells the full story. See the MIL:GAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gabetti Property Solutions SpA Business Description
Gabetti Property Solutions SpA offers integrated real estate services, including brokerage, management, and development of real estate portfolios. The company's reportable operating segments are Agency and Corporate Services, Real Estate Network Services, and Other Businesses. A majority of its revenue is generated from the Real Estate Network Services segment, which provides franchising, condominium franchising, real estate franchising, user management, financial and insurance, and property redevelopment services.
34GF Score
Get the complete analysis for MIL:GAB
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:GAB has been successfully added to your 
