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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 (2026-08-19), the stock price of Cordel Group is €0.124. Cordel Group's graham number for the quarter that ended in Dec. 2025 was €N/A. Therefore, Cordel Group's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Cordel Group's Graham Number or its related term are showing as below:
STU:3EW's Price-to-Graham-Number is not ranked *
in the Software industry.
Industry Median: 1.88 * Ranked among companies with meaningful Price-to-Graham-Number only.
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
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.
Cordel Group's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
0.124
/
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.
Cordel Group Graham Number Related Terms
Cordel Group Graham Number Historical Data
* Premium members only.
The historical data trend for Cordel Group'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.
STU:3EW vs QH, SHOP, UBER: Graham Number Comparison
For the Software - Application subindustry, Cordel Group'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.
Cordel Group Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, Cordel Group's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Cordel Group'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.
Cordel Group (STU:3EW) has a Graham Number of €N/A as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Cordel Group and its competitors. According to the industry distribution chart, Cordel Group ranks #999999 out of 1485 companies in the Software industry.
Is Cordel Group's Graham Number too high?
Cordel Group's current Graham Number is €N/A. Based on the distribution chart, Cordel Group ranks #999999 out of 1485 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cordel Group has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Cordel Group's Graham Number compare to QH and SHOP?
According to the Software industry distribution chart, Cordel Group ranks #999999 out of 1485 companies for Graham Number. This places Cordel Group in the lower half of its industry. The industry median Graham Number is 1.88. 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 Software company?
The median Graham Number among Software companies is 1.88, based on 1,485 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 Cordel Group and its competitors. For the Software industry, the median Graham Number is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cordel Group'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 Cordel Group stock overvalued right now?
Cordel Group (STU:3EW) has a current Graham Number of €N/A. The stock's GF Value™ is €0.10, compared to a current price of €0.12 — trading 24% above its estimated fair value. The current Graham Number is €N/A. Cordel Group's overall GF Score™ is 50/100 with 5 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 Cordel Group (STU:3EW), the current Graham Number is €N/A 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 Cordel Group (STU:3EW) Overvalued in 2026?
Based on GuruFocus' analysis, Cordel Group stock appears to be overvalued.
The current stock price of €0.12 is trading 24% above its estimated GF Value™ of €0.10.
Key valuation signals for STU:3EW:
Graham Number: €N/A
GF Value™: €0.10 vs. price of €0.12 (24% above fair value)
No single metric tells the full story. See the STU:3EW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cordel Group PLC is a software company with operations in Australia, USA and the UK. The company produces specialist software and hardware for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms. The company also designs and manufactures LiDAR (Light Detection And Ranging) sensors optimised and ruggedised for train and other vehicle data capture applications. Its Cordel Connect is an open-data inspection management platform that enables the storage, management, visualization, and intelligent analysis of railway inspection data. It derives the majority of its revenue from the Americas.
50GF Score
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