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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.
As of today (2026-09-07), the stock price of Shengfeng Development is $14.245499. Shengfeng Development's graham number for the quarter that ended in Dec. 2025 was $8.31. Therefore, Shengfeng Development's Price to Graham Number ratio for today is 1.71.
The historical rank and industry rank for Shengfeng Development's Graham Number or its related term are showing as below:
SFWL'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.71 Med: 2.16 Max: 6.18
Current: 1.71
During the past 6 years, the highest Price to Graham Number ratio of Shengfeng Development was 6.18. The lowest was 1.71. And the median was 2.16.
SFWL's Price-to-Graham-Number is ranked worse than 74.63% of 753
companies
in the Transportation industry
Industry Median: 1.02
vs SFWL: 1.71
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Shengfeng Development (NAS:SFWL) 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.
Shengfeng Development's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
14.245499
/
8.31
=
1.71
* 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.
Shengfeng Development Graham Number Related Terms
Shengfeng Development Graham Number Historical Data
* Premium members only.
The historical data trend for Shengfeng Development'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.
SFWL vs CRGO, JANL, NCEW: Graham Number Comparison
For the Integrated Freight & Logistics subindustry, Shengfeng Development'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.
Shengfeng Development Price-to-Graham-Number vs Transportation Industry
For the Transportation industry and Industrials sector, Shengfeng Development's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Shengfeng Development'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.
Shengfeng Development (SFWL) has a Graham Number of $8.31 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Shengfeng Development and its competitors. According to the industry distribution chart, Shengfeng Development ranks #562 out of 753 companies in the Transportation industry, placing it in the top 74.6%.
Is Shengfeng Development's Graham Number too high?
Shengfeng Development's current Graham Number is $8.31. The Transportation industry median Graham Number is 1.02. Shengfeng Development's value of $8.31 is 714.7% above this industry median. Based on the distribution chart, Shengfeng Development ranks #562 out of 753 companies in the Transportation industry, which is below the industry midpoint. Overall, Shengfeng Development has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shengfeng Development's Graham Number compare to CRGO and JANL?
According to the Transportation industry distribution chart, Shengfeng Development ranks #562 out of 753 companies for Graham Number. This places Shengfeng Development in the lower half of its industry. The industry median Graham Number is 1.02. Shengfeng Development's value of $8.31 is 714.7% 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 Transportation company?
The median Graham Number among Transportation companies is 1.02, based on 753 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. Shengfeng Development's current Graham Number of $8.31 is 714.7% 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 Shengfeng Development and its competitors. For the Transportation industry, the median Graham Number is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shengfeng Development's current Graham Number is $8.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shengfeng Development stock overvalued right now?
Based on GuruFocus' analysis, Shengfeng Development (SFWL) is currently considered Significantly Undervalued. The stock's GF Value™ is $28.29, compared to a current price of $14.25 — trading 49.6% below its estimated fair value. The current Graham Number is $8.31 and 714.7% above the Transportation industry median of 1.02. Shengfeng Development's overall GF Score™ is 74/100 with 3 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 Shengfeng Development (SFWL), the current Graham Number is $8.31 as of Dec. 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.
Is Shengfeng Development (SFWL) Overvalued in 2026?
Based on GuruFocus' analysis, Shengfeng Development stock appears to be undervalued.
The current stock price of $14.25 is trading 49.6% below its estimated GF Value™ of $28.29.
GuruFocus considers Shengfeng Development to be Significantly Undervalued.
Key valuation signals for SFWL:
Graham Number: $8.31
GF Value™: $28.29 vs. price of $14.25 (49.6% below fair value)
Industry Position: 714.7% above the Transportation median (#562 of 753)
No single metric tells the full story. See the SFWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shengfeng Development Ltd is a holding company. Through its subsidiaries, it offers contract logistics services in China. The contract logistics services offered by the company include planning and designing supply chains, designing facilities, processing orders, collecting payments, managing inventories, and providing client services. The company's operations are based in the PRC. Its integrated logistics solutions are comprised of three business streams: B2B freight transportation services; cloud storage services; and value-added services. The company derives maximum revenue from Transportation, followed by Warehouse storage management services. The solutions provides by the company are : Internet TV; Electronic communication; Textiles and Apparel; Automotive parts; and e-commerce.
74GF Score
Get the complete analysis for SFWL
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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