Glacier Media (TSX:GVC) Graham Number: C$0.60 (As of Mar. 2026) — Near Median


TSX:GVC Glacier Media Inc TSX:GVC
39 GF Score
Price C$0.35
GF Value C$0.13
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Glacier Media Graham Number?

Glacier Media TSX:GVC 39 Graham Number is C$0.60 as of Mar. 2026, which is 100% below its 10-year median of 0.63. GuruFocus rates TSX:GVC with a GF Score™ of 39/100 and a GF Value™ of C$0.13 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 492 Media - Diversified companies, Glacier Media ranks better than 83.94% 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 (2026-07-12), the stock price of Glacier Media is C$0.35. Glacier Media's graham number for the quarter that ended in Mar. 2026 was C$0.60. Therefore, Glacier Media's Price to Graham Number ratio for today is 0.59.

The historical rank and industry rank for Glacier Media's Graham Number or its related term are showing as below:

TSX:GVC' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.29   Med: 0.63   Max: 1.82
Current: 0.58

During the past 13 years, the highest Price to Graham Number ratio of Glacier Media was 1.82. The lowest was 0.29. And the median was 0.63.

TSX:GVC's Price-to-Graham-Number is ranked better than
83.94% of 492 companies
in the Media - Diversified industry
Industry Median: 1.205 vs TSX:GVC: 0.58

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Glacier Media  (TSX:GVC) 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.

Glacier Media's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.35/0.60
=0.59

* 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.


Glacier Media Graham Number Related Terms


Glacier Media Graham Number Historical Data

* Premium members only.

The historical data trend for Glacier Media'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.

Glacier Media Graham Number Chart

Glacier Media Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.58

Glacier Media Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.57 0.60

TSX:GVC vs NYT, WLY: Graham Number Comparison

For the Publishing subindustry, Glacier Media'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.


Glacier Media Price-to-Graham-Number vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Glacier Media's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Glacier Media's Price-to-Graham-Number falls into.


TSX:GVC
39GF Score
Glacier Media Inc TSX:GVC
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Glacier Media Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Glacier Media's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.134*0.112)
=0.58

Glacier Media's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.129*0.123)
=0.60

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of C$0.60 mean?
Glacier Media (TSX:GVC) has a Graham Number of C$0.60 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Glacier Media and its competitors. This is near median its historical median of 0.63. Over the past decade, Glacier Media's Graham Number has ranged from 0.29 to 1.82. According to the industry distribution chart, Glacier Media ranks #79 out of 492 companies in the Media - Diversified industry, placing it in the top 16.1%.
Is Glacier Media's Graham Number too high?
Glacier Media's current Graham Number of C$0.60 is near median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.82. Based on the distribution chart, Glacier Media ranks #79 out of 492 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Glacier Media has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Glacier Media's Graham Number compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Glacier Media ranks #79 out of 492 companies for Graham Number. This places Glacier Media in the top 16% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.21. Historically, Glacier Media's own Graham Number has ranged from 0.29 to 1.82 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 Media - Diversified company?
The median Graham Number among Media - Diversified companies is 1.21, based on 492 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 Glacier Media and its competitors. For the Media - Diversified industry, the median Graham Number is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glacier Media's current Graham Number is C$0.60, which is near median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glacier Media stock overvalued right now?
Based on GuruFocus' analysis, Glacier Media (TSX:GVC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.13, compared to a current price of C$0.35 — trading 169.2% above its estimated fair value. The current Graham Number is C$0.60, which is near median its 10-year median of 0.63. Glacier Media's overall GF Score™ is 39/100 with 7 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 Glacier Media (TSX:GVC), the current Graham Number is C$0.60 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 Glacier Media (TSX:GVC) Overvalued in 2026?

Based on GuruFocus' analysis, Glacier Media stock appears to be overvalued. The current stock price of C$0.35 is trading 169.2% above its estimated GF Value™ of C$0.13. GuruFocus considers Glacier Media to be Significantly Overvalued.

Key valuation signals for TSX:GVC:

  • Graham Number: C$0.60 (near median its 10-year median of 0.63)
  • GF Value™: C$0.13 vs. price of C$0.35 (169.2% above fair value)
  • GF Score™: 39/100 with 7 warning signs

No single metric tells the full story. See the TSX:GVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Glacier Media Business Description

Other Exchanges GLMFF:USA
Address 2188 Yukon Street, Vancouver, BC, CAN, V5Y 3P1
Glacier Media Inc offers information and marketing solutions. The company operates in four segments consists of Environmental Risk and Compliance Information, Commodity Information, Consumer Digital Information, and the Print Community Media segment. The company generates the highest revenue from the Environmental Risk and Compliance Information, which includes ERIS and STP ComplianceEHS, offering the company's business-to-business content, data, and information products, which are environmental risk assessment, environmental, health and safety compliance, and regulatory-related. Geographically, the company generates the majority of its revenue from Canada.
39GF Score

Get the complete analysis for TSX:GVC

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.35
Price
C$0.13
GF Value