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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 Iware Supplychain Services's Graham Number or its related term are showing as below:
NSE:IWARE'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0 Med: 0 Max: 9.35
Current: 8.98
During the past 4 years, the highest Price to Graham Number ratio of Iware Supplychain Services was 9.35. The lowest was 0.00. And the median was 0.00.
NSE:IWARE's Price-to-Graham-Number is ranked worse than 98.52% of 742
companies
in the Transportation industry
Industry Median: 1.025
vs NSE:IWARE: 8.98
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Iware Supplychain Services (NSE:IWARE) 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.
Iware Supplychain Services's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2025 )
=
456.60
/
50.82
=
8.99
* 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.
Iware Supplychain Services Graham Number Related Terms
Iware Supplychain Services 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.
Iware Supplychain Services Graham Number Chart
Iware Supplychain Services Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Graham Number
8.23
5.55
26.03
50.82
Iware Supplychain Services Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Graham Number
0.00
5.55
26.03
50.82
NSE:IWARE vs UNP, CSX, NSC: Graham Number Comparison
For the Railroads subindustry, Iware Supplychain Services'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.
Iware Supplychain Services Price-to-Graham-Number vs Transportation Industry
For the Transportation industry and Industrials sector, Iware Supplychain Services's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Iware Supplychain Services'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.
Iware Supplychain Services (NSE:IWARE) has a Graham Number of ₹50.82 as of Mar. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Iware Supplychain Services and its competitors. According to the industry distribution chart, Iware Supplychain Services ranks #731 out of 742 companies in the Transportation industry, placing it in the top 98.5%.
Is Iware Supplychain Services' Graham Number too high?
Iware Supplychain Services' current Graham Number is ₹50.82. Based on the distribution chart, Iware Supplychain Services ranks #731 out of 742 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Iware Supplychain Services has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Iware Supplychain Services' Graham Number compare to UNP and CSX?
According to the Transportation industry distribution chart, Iware Supplychain Services ranks #731 out of 742 companies for Graham Number. This places Iware Supplychain Services in the lower half of its industry. The industry median Graham Number is 1.03. 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 Transportation company?
The median Graham Number among Transportation companies is 1.03, based on 742 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 Iware Supplychain Services and its competitors. For the Transportation industry, the median Graham Number is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iware Supplychain Services's current Graham Number is ₹50.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iware Supplychain Services stock overvalued right now?
Iware Supplychain Services (NSE:IWARE) has a current Graham Number of ₹50.82. The current Graham Number is ₹50.82. Iware Supplychain Services' overall GF Score™ is 13/100 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 Iware Supplychain Services (NSE:IWARE), the current Graham Number is ₹50.82 as of Mar. 2025. 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.
Iware Supplychain Services Ltd is an integrated pan India logistics company operating in five different type of services (i) Warehousing (including third-party logistics (3PL) and Carrying & Forwarding Agent), (ii) Transportation (Including Carrying & Forwarding Agent) (iii) Rake Handling Services and (iv) Business Auxiliary Services (v) Rental Income. It operate through network of various business offices situated in the state of Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana and Delhi. It provide transportation services through two modes: Road Transport Own Vehicle Fleet and Rail Transport Rake Handling Services.
13GF Score
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