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.
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 Intellect Design Arena's Graham Number or its related term are showing as below:
NSE:INTELLECT'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.49 Med: 2.87 Max: 8.18
Current: 2.38
During the past 12 years, the highest Price to Graham Number ratio of Intellect Design Arena was 8.18. The lowest was 1.49. And the median was 2.87.
NSE:INTELLECT's Price-to-Graham-Number is ranked worse than 59.96% of 1476
companies
in the Software industry
Industry Median: 1.91
vs NSE:INTELLECT: 2.38
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Intellect Design Arena (NSE:INTELLECT) 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.
Intellect Design Arena's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
746.20
/
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.
Intellect Design Arena Graham Number Related Terms
Intellect Design Arena 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.
NSE:INTELLECT vs QH, SHOP, UBER: Graham Number Comparison
For the Software - Application subindustry, Intellect Design Arena'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.
Intellect Design Arena Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, Intellect Design Arena's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Intellect Design Arena'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.
Intellect Design Arena (NSE:INTELLECT) 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 Intellect Design Arena and its competitors. Over the past decade, Intellect Design Arena's Graham Number has ranged from 1.49 to 8.18. According to the industry distribution chart, Intellect Design Arena ranks #885 out of 1476 companies in the Software industry, placing it in the top 60%.
Is Intellect Design Arena's Graham Number too high?
Intellect Design Arena's current Graham Number is ₹N/A. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 8.18. Based on the distribution chart, Intellect Design Arena ranks #885 out of 1476 companies in the Software industry, which is below the industry midpoint. Overall, Intellect Design Arena has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intellect Design Arena's Graham Number compare to QH and SHOP?
According to the Software industry distribution chart, Intellect Design Arena ranks #885 out of 1476 companies for Graham Number. This places Intellect Design Arena in the lower half of its industry. The industry median Graham Number is 1.91. Historically, Intellect Design Arena's own Graham Number has ranged from 1.49 to 8.18 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 Software company?
The median Graham Number among Software companies is 1.91, based on 1,476 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 Intellect Design Arena and its competitors. For the Software industry, the median Graham Number is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intellect Design Arena'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 Intellect Design Arena stock overvalued right now?
Based on GuruFocus' analysis, Intellect Design Arena (NSE:INTELLECT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,116.30, compared to a current price of ₹746.20 — trading 33.2% below its estimated fair value. The current Graham Number is ₹N/A. Intellect Design Arena's overall GF Score™ is 88/100 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 Intellect Design Arena (NSE:INTELLECT), 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 Intellect Design Arena (NSE:INTELLECT) Overvalued in 2026?
Based on GuruFocus' analysis, Intellect Design Arena stock appears to be undervalued.
The current stock price of ₹746.20 is trading 33.2% below its estimated GF Value™ of ₹1,116.30.
GuruFocus considers Intellect Design Arena to be Significantly Undervalued.
Key valuation signals for NSE:INTELLECT:
Graham Number: ₹N/A
GF Value™: ₹1,116.30 vs. price of ₹746.20 (33.2% below fair value)
No single metric tells the full story. See the NSE:INTELLECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intellect Design Arena Ltd is an Indian IT software services company. It is engaged in the business of software and financial technology development for banking, insurance, and other financial services. The company operates under the primary business segment of Software Product Licence and related services. It derives revenue from the operations comprising income from its four business verticals, Global Consumer Banking, Global Transaction Banking, IntellectAI, and Digital Technology for Commerce. The company products include Digital cards, Digital lending, Capital cube, Xponent, Digital core, Payments, Wealth Qube, and others. Geographically, the company derives a majority of its revenue from outside India.
88GF Score
Get the complete analysis for NSE:INTELLECT
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:INTELLECT has been successfully added to your 
