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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 Sharda Motor Industries's Graham Number or its related term are showing as below:
NSE:SHARDAMOTR'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.55 Med: 1.52 Max: 2.95
Current: 2.12
During the past 13 years, the highest Price to Graham Number ratio of Sharda Motor Industries was 2.95. The lowest was 0.55. And the median was 1.52.
NSE:SHARDAMOTR's Price-to-Graham-Number is ranked worse than 74.97% of 995
companies
in the Vehicles & Parts industry
Industry Median: 1.15
vs NSE:SHARDAMOTR: 2.12
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Sharda Motor Industries (NSE:SHARDAMOTR) 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.
Sharda Motor Industries's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
891.60
/
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.
Sharda Motor Industries Graham Number Related Terms
Sharda Motor Industries 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:SHARDAMOTR vs ORLY, AZO: Graham Number Comparison
For the Auto Parts subindustry, Sharda Motor Industries'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.
Sharda Motor Industries Price-to-Graham-Number vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Sharda Motor Industries's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Sharda Motor Industries'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.
Sharda Motor Industries (NSE:SHARDAMOTR) 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 Sharda Motor Industries and its competitors. According to the industry distribution chart, Sharda Motor Industries ranks #746 out of 995 companies in the Vehicles & Parts industry, placing it in the top 75%.
Is Sharda Motor Industries' Graham Number too high?
Sharda Motor Industries' current Graham Number is ₹N/A. Based on the distribution chart, Sharda Motor Industries ranks #746 out of 995 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Sharda Motor Industries has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sharda Motor Industries' Graham Number compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Sharda Motor Industries ranks #746 out of 995 companies for Graham Number. This places Sharda Motor Industries in the lower half of its industry. The industry median Graham Number is 1.15. 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 Vehicles & Parts company?
The median Graham Number among Vehicles & Parts companies is 1.15, based on 995 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 Sharda Motor Industries and its competitors. For the Vehicles & Parts industry, the median Graham Number is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharda Motor Industries'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 Sharda Motor Industries stock overvalued right now?
Based on GuruFocus' analysis, Sharda Motor Industries (NSE:SHARDAMOTR) is currently considered Fairly Valued. The stock's GF Value™ is ₹974.03, compared to a current price of ₹891.60 — trading 8.5% below its estimated fair value. The current Graham Number is ₹N/A. Sharda Motor Industries' overall GF Score™ is 89/100 with 1 warning sign 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 Sharda Motor Industries (NSE:SHARDAMOTR), 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 Sharda Motor Industries (NSE:SHARDAMOTR) Overvalued in 2026?
Based on GuruFocus' analysis, Sharda Motor Industries stock appears to be undervalued.
The current stock price of ₹891.60 is trading 8.5% below its estimated GF Value™ of ₹974.03.
GuruFocus considers Sharda Motor Industries to be Fairly Valued.
Key valuation signals for NSE:SHARDAMOTR:
Graham Number: ₹N/A
GF Value™: ₹974.03 vs. price of ₹891.60 (8.5% below fair value)
No single metric tells the full story. See the NSE:SHARDAMOTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sharda Motor Industries Ltd is engaged in the manufacturing and assembly of auto components and white goods components. Its product portfolio includes exhaust systems, catalytic converters, suspension systems, sheet metal components, and plastic parts for the automotive and white goods industries. It operates in a single segment which is manufacturing and trading of auto component parts. Geographically, the company caters to both Indian and international markets and derives a majority of its revenue from its business in India.
89GF Score
Get the complete analysis for NSE:SHARDAMOTR
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