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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 (2026-08-22), the stock price of Marti Technologies is $2.15. Marti Technologies's graham number for the quarter that ended in Jun. 2026 was $N/A. Therefore, Marti Technologies's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Marti Technologies's Graham Number or its related term are showing as below:
MRT's Price-to-Graham-Number is not ranked *
in the Software industry.
Industry Median: 1.9 * 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.
Marti Technologies (AMEX:MRT) 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.
Marti Technologies's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
2.15
/
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.
Marti Technologies Graham Number Related Terms
Marti Technologies Graham Number Historical Data
* Premium members only.
The historical data trend for Marti Technologies'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.
For the Software - Application subindustry, Marti Technologies'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.
Marti Technologies Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, Marti Technologies's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Marti Technologies'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.
Marti Technologies (MRT) has a Graham Number of $N/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Marti Technologies and its competitors. According to the industry distribution chart, Marti Technologies ranks #999999 out of 1483 companies in the Software industry.
Is Marti Technologies' Graham Number too high?
Marti Technologies' current Graham Number is $N/A. Based on the distribution chart, Marti Technologies ranks #999999 out of 1483 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Marti Technologies has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marti Technologies' Graham Number compare to EGAN and THRY?
According to the Software industry distribution chart, Marti Technologies ranks #999999 out of 1483 companies for Graham Number. This places Marti Technologies in the lower half of its industry. The industry median Graham Number is 1.90. 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 1.90, based on 1,483 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 Marti Technologies and its competitors. For the Software industry, the median Graham Number is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marti Technologies's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marti Technologies stock overvalued right now?
Based on GuruFocus' analysis, Marti Technologies (MRT) is currently considered Possible Value Trap. The stock's GF Value™ is $4.12, compared to a current price of $2.15 — trading 47.8% below its estimated fair value. The current Graham Number is $N/A. Marti Technologies' overall GF Score™ is 55/100 with 8 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 Marti Technologies (MRT), the current Graham Number is $N/A 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 Marti Technologies (MRT) Overvalued in 2026?
Based on GuruFocus' analysis, Marti Technologies stock appears to be undervalued.
The current stock price of $2.15 is trading 47.8% below its estimated GF Value™ of $4.12.
GuruFocus considers Marti Technologies to be Possible Value Trap.
Key valuation signals for MRT:
Graham Number: $N/A
GF Value™: $4.12 vs. price of $2.15 (47.8% below fair value)
No single metric tells the full story. See the MRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marti Technologies Inc is Turkiye's urban mobility platform, helping to solve the country's transportation needs through tech-enabled services powered by a single mobility super app. The Group aims to offer tech-enabled urban transportation services to consumers across Turkiye through three service offerings: ride-hailing, delivery, and two-wheeled electric vehicle services. The Group's ride-hailing service matches consumers with car, motorcycle, and taxi drivers. The Group's delivery service provides same-hour package delivery by leveraging the Group's existing network of car and motorcycle drivers and consumer base.
55GF Score
Get the complete analysis for MRT
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