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Canada Goose HoldingsTSX:GOOS -1.15%86 Graham Number is C$8.38 as of Mar. 2026, which is 100% below its 10-year median of 3.34. GuruFocus rates TSX:GOOS with a GF Score™ of 86/100 and a GF Value™ of C$19.23 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 712 Manufacturing - Apparel & Accessories companies, Canada Goose Holdings ranks worse than 70.51% 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.
The historical rank and industry rank for Canada Goose Holdings's Graham Number or its related term are showing as below:
TSX:GOOS'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.22 Med: 3.34 Max: 13.18
Current: 1.65
During the past 12 years, the highest Price to Graham Number ratio of Canada Goose Holdings was 13.18. The lowest was 1.22. And the median was 3.34.
TSX:GOOS's Price-to-Graham-Number is ranked worse than 70.51% of 712
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.025
vs TSX:GOOS: 1.65
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Canada Goose Holdings (TSX:GOOS) 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.
Canada Goose Holdings's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
13.79
/
8.38
=
1.65
* 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.
Canada Goose Holdings Graham Number Related Terms
Canada Goose Holdings Graham Number Historical Data
* Premium members only.
The historical data trend for Canada Goose 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.
TSX:GOOS vs RL, LEVI, VFC: Graham Number Comparison
For the Apparel Manufacturing subindustry, Canada Goose 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.
Canada Goose Holdings Price-to-Graham-Number vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Canada Goose Holdings's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Canada Goose 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.
Canada Goose Holdings (TSX:GOOS) has a Graham Number of C$8.38 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Canada Goose Holdings and its competitors. This is 151% above median its historical median of 3.34. Over the past decade, Canada Goose Holdings' Graham Number has ranged from 1.22 to 13.18. According to the industry distribution chart, Canada Goose Holdings ranks #502 out of 712 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 70.5%.
Is Canada Goose Holdings' Graham Number too high?
Canada Goose Holdings' current Graham Number of C$8.38 is 151% above median its 10-year median of 3.34. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 13.18. Based on the distribution chart, Canada Goose Holdings ranks #502 out of 712 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Canada Goose Holdings has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canada Goose Holdings' Graham Number compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Canada Goose Holdings ranks #502 out of 712 companies for Graham Number. This places Canada Goose Holdings in the lower half of its industry. The industry median Graham Number is 1.03. Historically, Canada Goose Holdings' own Graham Number has ranged from 1.22 to 13.18 over the past decade. 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 Manufacturing - Apparel & Accessories company?
The median Graham Number among Manufacturing - Apparel & Accessories companies is 1.03, based on 712 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 Canada Goose Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Graham Number is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canada Goose Holdings's current Graham Number is C$8.38, which is 151% above median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canada Goose Holdings stock overvalued right now?
Based on GuruFocus' analysis, Canada Goose Holdings (TSX:GOOS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$19.23, compared to a current price of C$13.79 — trading 28.3% below its estimated fair value. The current Graham Number is C$8.38, which is 151% above median its 10-year median of 3.34. Canada Goose Holdings' overall GF Score™ is 86/100 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 Canada Goose Holdings (TSX:GOOS), the current Graham Number is C$8.38 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 Canada Goose Holdings (TSX:GOOS) Overvalued in 2026?
Based on GuruFocus' analysis, Canada Goose Holdings stock appears to be undervalued.
The current stock price of C$13.79 is trading 28.3% below its estimated GF Value™ of C$19.23.
GuruFocus considers Canada Goose Holdings to be Modestly Undervalued.
Key valuation signals for TSX:GOOS:
Graham Number: C$8.38 (151% above median its 10-year median of 3.34)
GF Value™: C$19.23 vs. price of C$13.79 (28.3% below fair value)
No single metric tells the full story. See the TSX:GOOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canada Goose Holdings Inc is a Canada-based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale; Direct to Consumer (DTC), and Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in luxury shopping locations. The Wholesale segment comprises sales made to a mix of retailers and international distributors, who are partners that have exclusive rights to an entire market, and travel retail locations. Geographically, it has a presence in Canada, the United States, North America, Greater China, Asia-Pacific, and Europe, the Middle East, and Africa.
86GF Score
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