Bluspring Enterprises (NSE:BLUSPRING) Graham Number: ₹35.73 (As of Mar. 2026) — 1376% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:BLUSPRING Bluspring Enterprises Ltd NSE:BLUSPRING
7 GF Score
Price ₹115.59
! 2 Warning Signs
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What is Bluspring Enterprises Graham Number?

Bluspring Enterprises NSE:BLUSPRING -0.56% 7 Graham Number is ₹35.73 as of Mar. 2026, which is 100% below its 10-year median of 2.42. GuruFocus rates NSE:BLUSPRING with a GF Score™ of 7/100. The stock has 2 warning signs investors should review. Among 701 Business Services companies, Bluspring Enterprises ranks worse than 86.59% 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 (2026-08-07), the stock price of Bluspring Enterprises is ₹115.59. Bluspring Enterprises's graham number for the quarter that ended in Mar. 2026 was ₹35.73. Therefore, Bluspring Enterprises's Price to Graham Number ratio for today is 3.24.

The historical rank and industry rank for Bluspring Enterprises's Graham Number or its related term are showing as below:

NSE:BLUSPRING' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.42   Med: 2.42   Max: 5.16
Current: 3.25

During the past 2 years, the highest Price to Graham Number ratio of Bluspring Enterprises was 5.16. The lowest was 2.42. And the median was 2.42.

NSE:BLUSPRING's Price-to-Graham-Number is ranked worse than
86.59% of 701 companies
in the Business Services industry
Industry Median: 1.19 vs NSE:BLUSPRING: 3.25

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Bluspring Enterprises  (NSE:BLUSPRING) 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.

Bluspring Enterprises's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=115.59/35.73
=3.24

* 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.


Bluspring Enterprises Graham Number Related Terms


Bluspring Enterprises Graham Number Historical Data

* Premium members only.

The historical data trend for Bluspring Enterprises'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.

Bluspring Enterprises Graham Number Chart

Bluspring Enterprises Annual Data
Trend Mar25 Mar26
Graham Number
0.00 21.04

Bluspring Enterprises Quarterly Data
Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 35.73

NSE:BLUSPRING vs CTAS, CPRT, GPN: Graham Number Comparison

For the Specialty Business Services subindustry, Bluspring Enterprises'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.


Bluspring Enterprises Price-to-Graham-Number vs Business Services Industry

For the Business Services industry and Industrials sector, Bluspring Enterprises's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Bluspring Enterprises's Price-to-Graham-Number falls into.


NSE:BLUSPRING
7GF Score
Bluspring Enterprises Ltd NSE:BLUSPRING
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Bluspring Enterprises Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Bluspring Enterprises's Graham Number for the fiscal year that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*15.262*1.289)
=21.04

Bluspring Enterprises's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*15.262*3.717)
=35.73

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of ₹35.73 mean?
Bluspring Enterprises (NSE:BLUSPRING) has a Graham Number of ₹35.73 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Bluspring Enterprises and its competitors. This is 1376% above median its historical median of 2.42. Over the past decade, Bluspring Enterprises' Graham Number has ranged from 2.42 to 5.16. According to the industry distribution chart, Bluspring Enterprises ranks #607 out of 701 companies in the Business Services industry, placing it in the top 86.6%.
Is Bluspring Enterprises' Graham Number too high?
Bluspring Enterprises' current Graham Number of ₹35.73 is 1376% above median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 5.16. Based on the distribution chart, Bluspring Enterprises ranks #607 out of 701 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Bluspring Enterprises has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Bluspring Enterprises' Graham Number compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Bluspring Enterprises ranks #607 out of 701 companies for Graham Number. This places Bluspring Enterprises in the lower half of its industry. The industry median Graham Number is 1.19. Historically, Bluspring Enterprises' own Graham Number has ranged from 2.42 to 5.16 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 Business Services company?
The median Graham Number among Business Services companies is 1.19, based on 701 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 Bluspring Enterprises and its competitors. For the Business Services industry, the median Graham Number is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bluspring Enterprises's current Graham Number is ₹35.73, which is 1376% above median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bluspring Enterprises stock overvalued right now?
Bluspring Enterprises (NSE:BLUSPRING) has a current Graham Number of ₹35.73. The current Graham Number is ₹35.73, which is 1376% above median its 10-year median of 2.42. Bluspring Enterprises' overall GF Score™ is 7/100 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 Bluspring Enterprises (NSE:BLUSPRING), the current Graham Number is ₹35.73 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.

Bluspring Enterprises Business Description

Other Exchanges 544414:India
Address 3/3/2, Bellandur Gate, Sarjapur Main Road, Bangalore, KA, IND, 560103
Bluspring Enterprises Ltd is an infrastructure services company. The company operates in four segments, which include the Facility Management and Food Services division, which offers integrated facility management and food services, providing soft and hard services, pest control, landscaping, on-site and central kitchens, and event catering. The Telecom and Industrial sectors deliver services such as O&M, installation and commissioning, digital consulting, network deployment, architecture and assurance, and tower infrastructure management. The Security Services division provides manned guarding, electronic surveillance, background verification and training, & additional services. foundit offers online recruitment solutions through its job portals, as well as candidate & recruiter services.
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₹115.59
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