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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.
PIAHY'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.34 Med: 3.07 Max: 3.54
Current: 1.34
During the past 11 years, the highest Price to Graham Number ratio of Ping An Healthcare And Technology Co was 3.54. The lowest was 1.34. And the median was 3.07.
PIAHY's Price-to-Graham-Number is ranked better than 60.33% of 368
companies
in the Healthcare Providers & Services industry
Industry Median: 1.62
vs PIAHY: 1.34
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Ping An Healthcare And Technology Co (OTCPK:PIAHY) 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.
Ping An Healthcare And Technology Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
1.78
/
1.27
=
1.41
* 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.
Ping An Healthcare And Technology Co Graham Number Related Terms
Ping An Healthcare And Technology Co 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.
Ping An Healthcare And Technology Co Graham Number Chart
PIAHY vs VEEV, BTSG, HQY: Graham Number Comparison
For the Health Information Services subindustry, Ping An Healthcare And Technology Co'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.
Ping An Healthcare And Technology Co Price-to-Graham-Number vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Ping An Healthcare And Technology Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Ping An Healthcare And Technology Co'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.
Ping An Healthcare And Technology Co (PIAHY) has a Graham Number of $1.27 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Ping An Healthcare And Technology Co and its competitors. According to the industry distribution chart, Ping An Healthcare And Technology Co ranks #146 out of 368 companies in the Healthcare Providers & Services industry, placing it in the top 39.7%.
Is Ping An Healthcare And Technology Co's Graham Number too high?
Ping An Healthcare And Technology Co's current Graham Number is $1.27. The Healthcare Providers & Services industry median Graham Number is 1.62. Ping An Healthcare And Technology Co's value of $1.27 is 21.6% below this industry median. Based on the distribution chart, Ping An Healthcare And Technology Co ranks #146 out of 368 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Ping An Healthcare And Technology Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ping An Healthcare And Technology Co's Graham Number compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Ping An Healthcare And Technology Co ranks #146 out of 368 companies for Graham Number. This puts Ping An Healthcare And Technology Co in the upper half of its industry. The industry median Graham Number is 1.62. Ping An Healthcare And Technology Co's value of $1.27 is 21.6% below this benchmark. 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 Healthcare Providers & Services company?
The median Graham Number among Healthcare Providers & Services companies is 1.62, based on 368 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. Ping An Healthcare And Technology Co's current Graham Number of $1.27 is 21.6% below the industry median. 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 Ping An Healthcare And Technology Co and its competitors. For the Healthcare Providers & Services industry, the median Graham Number is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ping An Healthcare And Technology Co's current Graham Number is $1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ping An Healthcare And Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ping An Healthcare And Technology Co (PIAHY) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.10, compared to a current price of $1.78 — trading 15.2% below its estimated fair value. The current Graham Number is $1.27 and 21.6% below the Healthcare Providers & Services industry median of 1.62. Ping An Healthcare And Technology Co's overall GF Score™ is 58/100 with 6 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 Ping An Healthcare And Technology Co (PIAHY), the current Graham Number is $1.27 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 Ping An Healthcare And Technology Co (PIAHY) Overvalued in 2026?
Based on GuruFocus' analysis, Ping An Healthcare And Technology Co stock appears to be undervalued.
The current stock price of $1.78 is trading 15.2% below its estimated GF Value™ of $2.10.
GuruFocus considers Ping An Healthcare And Technology Co to be Modestly Undervalued.
Key valuation signals for PIAHY:
Graham Number: $1.27
GF Value™: $2.10 vs. price of $1.78 (15.2% below fair value)
Industry Position: 21.6% below the Healthcare Providers & Services median (#146 of 368)
No single metric tells the full story. See the PIAHY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ping An Healthcare and Technology is the parent of Ping An Good Doctor, or PAGD, an online platform offering healthcare services in the form of an HMO model that provides commercial healthcare services and offers healthcare checkups, healthcare management, and corporate reimbursement for a fee. The company leverages the network of health providers from its parent, Ping An Group, where it enters into contracts with physicians, hospitals, and specialists to offer their services to HMO participants. Other than commercial healthcare premium services, PAGD offers healthcare plans such as private insurance to individuals. The platform has over 3,500 corporate clients and 24 million paying users. PAGD is 38.43% owned by its parent company.
58GF Score
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