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.
Aditya InfotechNSE:CPPLUS +4.02%18 Graham Number is ₹290.83 as of Mar. 2026, which is 100% below its 10-year median of 6.29. GuruFocus rates NSE:CPPLUS with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,213 Construction companies, Aditya Infotech ranks worse than 98.43% 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 (2026-08-02), the stock price of Aditya Infotech is ₹3391.00. Aditya Infotech's graham number for the quarter that ended in Mar. 2026 was ₹290.83. Therefore, Aditya Infotech's Price to Graham Number ratio for today is 12.57.
The historical rank and industry rank for Aditya Infotech's Graham Number or its related term are showing as below:
NSE:CPPLUS'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 6.29 Med: 6.29 Max: 12.39
Current: 11.66
During the past 5 years, the highest Price to Graham Number ratio of Aditya Infotech was 12.39. The lowest was 6.29. And the median was 6.29.
NSE:CPPLUS's Price-to-Graham-Number is ranked worse than 98.43% of 1213
companies
in the Construction industry
Industry Median: 1.01
vs NSE:CPPLUS: 11.66
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Aditya Infotech (NSE:CPPLUS) 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.
Aditya Infotech's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
3391.00
/
269.69
=
12.57
* 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.
Aditya Infotech Graham Number Related Terms
Aditya Infotech Graham Number Historical Data
* Premium members only.
The historical data trend for Aditya Infotech'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.
NSE:CPPLUS vs TT, JCI, CARR: Graham Number Comparison
For the Building Products & Equipment subindustry, Aditya Infotech'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.
Aditya Infotech Price-to-Graham-Number vs Construction Industry
For the Construction industry and Industrials sector, Aditya Infotech's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Aditya Infotech'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.
Aditya Infotech (NSE:CPPLUS) has a Graham Number of ₹290.83 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Aditya Infotech and its competitors. This is 4524% above median its historical median of 6.29. Over the past decade, Aditya Infotech's Graham Number has ranged from 6.29 to 12.39. According to the industry distribution chart, Aditya Infotech ranks #1194 out of 1213 companies in the Construction industry, placing it in the top 98.4%.
Is Aditya Infotech's Graham Number too high?
Aditya Infotech's current Graham Number of ₹290.83 is 4524% above median its 10-year median of 6.29. Over the past 10 years, this metric has ranged from a low of 6.29 to a high of 12.39. Based on the distribution chart, Aditya Infotech ranks #1194 out of 1213 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Aditya Infotech has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Aditya Infotech's Graham Number compare to TT and JCI?
According to the Construction industry distribution chart, Aditya Infotech ranks #1194 out of 1213 companies for Graham Number. This places Aditya Infotech in the lower half of its industry. The industry median Graham Number is 1.01. Historically, Aditya Infotech's own Graham Number has ranged from 6.29 to 12.39 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 Construction company?
The median Graham Number among Construction companies is 1.01, based on 1,213 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 Aditya Infotech and its competitors. For the Construction industry, the median Graham Number is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aditya Infotech's current Graham Number is ₹290.83, which is 4524% above median its own 10-year median of 6.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aditya Infotech stock overvalued right now?
Aditya Infotech (NSE:CPPLUS) has a current Graham Number of ₹290.83. The current Graham Number is ₹290.83, which is 4524% above median its 10-year median of 6.29. Aditya Infotech's overall GF Score™ is 18/100 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 Aditya Infotech (NSE:CPPLUS), the current Graham Number is ₹290.83 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.
Aditya Infotech Ltd offers video security and surveillance products, technologies, and solutions for enterprise and consumer segments under its 'CP PLUS' brand. The firm also offers solutions and services such as fully integrated security systems and Security-as-a-Service directly and through its distribution network, which address the requirements of end-customers engaged in a broad range of sectors such as banking, insurance, real estate, healthcare, industrial, defence, education, hospitality, manufacturing, retail, and law enforcement. The company generates almost all of its revenue from the sale of security and surveillance equipment and components.
18GF Score
Get the complete analysis for NSE:CPPLUS
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
NSE:CPPLUS has been successfully added to your 
