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Northpointe BancsharesNPB -1.02%8 Graham Number is $28.68 as of Mar. 2026, which is 4680% above its 10-year median of 0.60. GuruFocus rates NPB with a GF Score™ of 8/100. The stock has 4 warning signs investors should review. Among 1,435 Banks companies, Northpointe Bancshares ranks better than 69.83% 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 Northpointe Bancshares's Graham Number or its related term are showing as below:
NPB'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.51 Med: 0.6 Max: 0.66
Current: 0.64
During the past 4 years, the highest Price to Graham Number ratio of Northpointe Bancshares was 0.66. The lowest was 0.51. And the median was 0.60.
NPB's Price-to-Graham-Number is ranked better than 69.83% of 1435
companies
in the Banks industry
Industry Median: 0.8
vs NPB: 0.64
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Northpointe Bancshares (NYSE:NPB) 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.
Northpointe Bancshares's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
18.44
/
28.68
=
0.64
* 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.
Northpointe Bancshares Graham Number Related Terms
Northpointe Bancshares 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.
For the Banks - Regional subindustry, Northpointe Bancshares'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.
Northpointe Bancshares Price-to-Graham-Number vs Banks Industry
For the Banks industry and Financial Services sector, Northpointe Bancshares's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Northpointe Bancshares'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.
Northpointe Bancshares (NPB) has a Graham Number of $28.68 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Northpointe Bancshares and its competitors. This is 4680% above median its historical median of 0.60. Over the past decade, Northpointe Bancshares' Graham Number has ranged from 0.51 to 0.66. According to the industry distribution chart, Northpointe Bancshares ranks #433 out of 1435 companies in the Banks industry, placing it in the top 30.2%.
Is Northpointe Bancshares' Graham Number too high?
Northpointe Bancshares' current Graham Number of $28.68 is 4680% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 0.66. The Banks industry median Graham Number is 0.80. Northpointe Bancshares' value of $28.68 is 3485% above this industry median. Based on the distribution chart, Northpointe Bancshares ranks #433 out of 1435 companies in the Banks industry, which is above the industry midpoint. Overall, Northpointe Bancshares has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Northpointe Bancshares' Graham Number compare to BHB and AMBZ?
According to the Banks industry distribution chart, Northpointe Bancshares ranks #433 out of 1435 companies for Graham Number. This puts Northpointe Bancshares in the upper half of its industry. The industry median Graham Number is 0.80. Northpointe Bancshares' value of $28.68 is 3485% above this benchmark. Historically, Northpointe Bancshares' own Graham Number has ranged from 0.51 to 0.66 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.80, Northpointe Bancshares has consistently been above the industry average. 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 Banks company?
The median Graham Number among Banks companies is 0.80, based on 1,435 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. Northpointe Bancshares's current Graham Number of $28.68 is 3485% above the industry median. 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 Northpointe Bancshares and its competitors. For the Banks industry, the median Graham Number is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northpointe Bancshares's current Graham Number is $28.68, which is 4680% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northpointe Bancshares stock overvalued right now?
Northpointe Bancshares (NPB) has a current Graham Number of $28.68. The current Graham Number is $28.68, which is 4680% above median its 10-year median of 0.60 and 3485% above the Banks industry median of 0.80. Northpointe Bancshares' overall GF Score™ is 8/100 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 Northpointe Bancshares (NPB), the current Graham Number is $28.68 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.
Northpointe Bancshares Inc is a bank holding company focused on mortgage portfolio lender. The bank also offers a nationwide mortgage purchase program, residential mortgage lending, digital deposit banking to retail customers and custodial deposit services to loan servicing clients. It offers financial products and services through two business segments, Mortgage Purchase Program provides independent mortgage banking platforms nationwide with an alternative to traditional mortgage warehouse lending; and Retail Banking provides a vast array of financial products and services to consumers nationwide which include residential mortgages, AIO Loans, other consumer loans, and loan servicing, as well as various types of deposit products, including checking, savings and time deposit accounts.
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