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.
Qfin HoldingsQFIN +4.91%52 Graham Number is $57.80 as of Mar. 2026. GuruFocus rates QFIN with a GF Score™ of 52/100 and a GF Value™ of $27.15 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 405 Credit Services companies, Qfin Holdings ranks better than 95.56% 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 (2026-08-26), the stock price of Qfin Holdings is $11.53. Qfin Holdings's graham number for the quarter that ended in Mar. 2026 was $57.80. Therefore, Qfin Holdings's Price to Graham Number ratio for today is 0.20.
The historical rank and industry rank for Qfin Holdings's Graham Number or its related term are showing as below:
QFIN'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.2 Med: 0.48 Max: 1.42
Current: 0.2
During the past 10 years, the highest Price to Graham Number ratio of Qfin Holdings was 1.42. The lowest was 0.20. And the median was 0.48.
QFIN's Price-to-Graham-Number is ranked better than 95.56% of 405
companies
in the Credit Services industry
Industry Median: 0.83
vs QFIN: 0.20
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Qfin Holdings (NAS:QFIN) 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.
Qfin Holdings's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
11.53
/
57.80
=
0.20
* 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.
Qfin Holdings Graham Number Related Terms
Qfin Holdings Graham Number Historical Data
* Premium members only.
The historical data trend for Qfin Holdings'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.
QFIN vs ATLC, EZPW, ECPG: Graham Number Comparison
For the Credit Services subindustry, Qfin Holdings'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.
Qfin Holdings Price-to-Graham-Number vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Qfin Holdings's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Qfin Holdings'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.
Qfin Holdings (QFIN) has a Graham Number of $57.80 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Qfin Holdings and its competitors. According to the industry distribution chart, Qfin Holdings ranks #18 out of 405 companies in the Credit Services industry, placing it in the top 4.4%.
Is Qfin Holdings' Graham Number too high?
Qfin Holdings' current Graham Number is $57.80. The Credit Services industry median Graham Number is 0.83. Qfin Holdings' value of $57.80 is 6863.9% above this industry median. Based on the distribution chart, Qfin Holdings ranks #18 out of 405 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Qfin Holdings has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qfin Holdings' Graham Number compare to ATLC and EZPW?
According to the Credit Services industry distribution chart, Qfin Holdings ranks #18 out of 405 companies for Graham Number. This places Qfin Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median Graham Number is 0.83. Qfin Holdings' value of $57.80 is 6863.9% above 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 Credit Services company?
The median Graham Number among Credit Services companies is 0.83, based on 405 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. Qfin Holdings's current Graham Number of $57.80 is 6863.9% above 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 Qfin Holdings and its competitors. For the Credit Services industry, the median Graham Number is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qfin Holdings's current Graham Number is $57.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qfin Holdings stock overvalued right now?
Based on GuruFocus' analysis, Qfin Holdings (QFIN) is currently considered Significantly Undervalued. The stock's GF Value™ is $27.15, compared to a current price of $11.53 — trading 57.5% below its estimated fair value. The current Graham Number is $57.80 and 6863.9% above the Credit Services industry median of 0.83. Qfin Holdings' overall GF Score™ is 52/100 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 Qfin Holdings (QFIN), the current Graham Number is $57.80 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.
Is Qfin Holdings (QFIN) Overvalued in 2026?
Based on GuruFocus' analysis, Qfin Holdings stock appears to be undervalued.
The current stock price of $11.53 is trading 57.5% below its estimated GF Value™ of $27.15.
GuruFocus considers Qfin Holdings to be Significantly Undervalued.
Key valuation signals for QFIN:
Graham Number: $57.80
GF Value™: $27.15 vs. price of $11.53 (57.5% below fair value)
Industry Position: 6863.9% above the Credit Services median (#18 of 405)
No single metric tells the full story. See the QFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qfin Holdings Inc is engaged in matching individual borrowers with credit demand to a diversified pool of financial institutions with credit to supply through a financial technology platform. It has released large-scale financial credit multimodal benchmark, building a critical bridge between credit AI research and real-world applications.
52GF Score
Get the complete analysis for QFIN
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
QFIN has been successfully added to your 
