Integrity Infrabuild Developers (NSE:INTEGRITY) Graham Number: ₹156.65 (As of Mar. 2026) — 23281% Above Median

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NSE:INTEGRITY Integrity Infrabuild Developers Ltd NSE:INTEGRITY
13 GF Score
Price ₹156.80
! 4 Warning Signs
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What is Integrity Infrabuild Developers Graham Number?

Integrity Infrabuild Developers NSE:INTEGRITY 13 Graham Number is ₹156.65 as of Mar. 2026, which is 100% below its 10-year median of 0.67. GuruFocus rates NSE:INTEGRITY with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 1,216 Construction companies, Integrity Infrabuild Developers ranks better than 50.66% 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 (2026-08-05), the stock price of Integrity Infrabuild Developers is ₹156.80. Integrity Infrabuild Developers's graham number for the quarter that ended in Mar. 2026 was ₹156.65. Therefore, Integrity Infrabuild Developers's Price to Graham Number ratio for today is 1.00.

The historical rank and industry rank for Integrity Infrabuild Developers's Graham Number or its related term are showing as below:

NSE:INTEGRITY' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.67   Med: 0.67   Max: 1.04
Current: 1

During the past 5 years, the highest Price to Graham Number ratio of Integrity Infrabuild Developers was 1.04. The lowest was 0.67. And the median was 0.67.

NSE:INTEGRITY's Price-to-Graham-Number is ranked better than
50.66% of 1216 companies
in the Construction industry
Industry Median: 1 vs NSE:INTEGRITY: 1.00

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


Integrity Infrabuild Developers  (NSE:INTEGRITY) 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.

Integrity Infrabuild Developers's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=156.80/156.65
=1.00

* 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.


Integrity Infrabuild Developers Graham Number Related Terms


Integrity Infrabuild Developers Graham Number Historical Data

* Premium members only.

The historical data trend for Integrity Infrabuild Developers'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.

Integrity Infrabuild Developers Graham Number Chart

Integrity Infrabuild Developers Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
9.65 7.99 18.74 0.00 157.59

Integrity Infrabuild Developers Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Graham Number Get a 7-Day Free Trial 0.00 0.00 0.00 94.64 156.65

NSE:INTEGRITY vs PWR, FIX, EME: Graham Number Comparison

For the Engineering & Construction subindustry, Integrity Infrabuild Developers'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.


Integrity Infrabuild Developers Price-to-Graham-Number vs Construction Industry

For the Construction industry and Industrials sector, Integrity Infrabuild Developers's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Integrity Infrabuild Developers's Price-to-Graham-Number falls into.


NSE:INTEGRITY
13GF Score
Integrity Infrabuild Developers Ltd NSE:INTEGRITY
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Integrity Infrabuild Developers Graham Number Calculation

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

Integrity Infrabuild Developers'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*66.248*16.66)
=157.59

Integrity Infrabuild Developers'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*66.296*16.45)
=156.65

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of ₹156.65 mean?
Integrity Infrabuild Developers (NSE:INTEGRITY) has a Graham Number of ₹156.65 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Integrity Infrabuild Developers and its competitors. This is 23281% above median its historical median of 0.67. Over the past decade, Integrity Infrabuild Developers' Graham Number has ranged from 0.67 to 1.04. According to the industry distribution chart, Integrity Infrabuild Developers ranks #600 out of 1216 companies in the Construction industry, placing it in the top 49.3%.
Is Integrity Infrabuild Developers' Graham Number too high?
Integrity Infrabuild Developers' current Graham Number of ₹156.65 is 23281% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.04. Based on the distribution chart, Integrity Infrabuild Developers ranks #600 out of 1216 companies in the Construction industry, which is above the industry midpoint. Overall, Integrity Infrabuild Developers has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Integrity Infrabuild Developers' Graham Number compare to PWR and FIX?
According to the Construction industry distribution chart, Integrity Infrabuild Developers ranks #600 out of 1216 companies for Graham Number. This puts Integrity Infrabuild Developers in the upper half of its industry. The industry median Graham Number is 1.00. Historically, Integrity Infrabuild Developers' own Graham Number has ranged from 0.67 to 1.04 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 1.00, based on 1,216 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 Integrity Infrabuild Developers and its competitors. For the Construction industry, the median Graham Number is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Integrity Infrabuild Developers's current Graham Number is ₹156.65, which is 23281% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Integrity Infrabuild Developers stock overvalued right now?
Integrity Infrabuild Developers (NSE:INTEGRITY) has a current Graham Number of ₹156.65. The current Graham Number is ₹156.65, which is 23281% above median its 10-year median of 0.67. Integrity Infrabuild Developers' overall GF Score™ is 13/100 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 Integrity Infrabuild Developers (NSE:INTEGRITY), the current Graham Number is ₹156.65 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.

Integrity Infrabuild Developers Business Description

Address Jetalpur Road, Office No - 02, Indiabulls Mega Mall, Akota, Vadodara, GJ, IND, 390020
Integrity Infrabuild Developers Ltd is engaged in the construction and maintenance of motorways, streets, roads, highways, bridges, tunnels, subways, and other vehicular and pedestrian ways. While the construction industry remains the Highest customer segment, the Company continues to invest in construction modernization, including roads, highways, bridges, tunnels, urban infrastructure, and industrial development. Consequently, the Company has made good progress in acquiring new international as well as domestic customers and brands across various markets.
13GF Score

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₹156.80
Price