TTAM (Titan America) Graham Number: $10.10 (As of Mar. 2026) — 560% Above Median


TTAM Titan America SA TTAM
21 GF Score
Price $18.15
! 5 Warning Signs
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What is Titan America Graham Number?

Titan America TTAM -0.33% 21 Graham Number is $10.10 as of Mar. 2026, which is 560% above its 10-year median of 1.53. GuruFocus rates TTAM with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 286 Building Materials companies, Titan America ranks worse than 76.57% 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 (2026-07-06), the stock price of Titan America is $18.15. Titan America's graham number for the quarter that ended in Mar. 2026 was $10.10. Therefore, Titan America's Price to Graham Number ratio for today is 1.80.

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

TTAM' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.44   Med: 1.53   Max: 1.85
Current: 1.8

During the past 5 years, the highest Price to Graham Number ratio of Titan America was 1.85. The lowest was 1.44. And the median was 1.53.

TTAM's Price-to-Graham-Number is ranked worse than
76.57% of 286 companies
in the Building Materials industry
Industry Median: 0.985 vs TTAM: 1.80

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


Titan America  (NYSE:TTAM) 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.

Titan America's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=18.15/10.10
=1.80

* 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.


Titan America Graham Number Related Terms


Titan America Graham Number Historical Data

* Premium members only.

The historical data trend for Titan America'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.

Titan America Graham Number Chart

Titan America Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
0.00 3.77 7.05 7.51 9.96

Titan America Quarterly Data
Dec22 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 8.82 8.69 9.41 10.01 10.10

TTAM vs USLM, TGLS, KNF: Graham Number Comparison

For the Building Materials subindustry, Titan America'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.


Titan America Price-to-Graham-Number vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Titan America's Price-to-Graham-Number distribution charts can be found below:

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


TTAM
21GF Score
Titan America SA TTAM
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Titan America Graham Number Calculation

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

Titan America'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*4.25*1.038)
=9.96

Titan America'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*4.401*1.031)
=10.10

* 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 $10.10 mean?
Titan America (TTAM) has a Graham Number of $10.10 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Titan America and its competitors. This is 560% above median its historical median of 1.53. Over the past decade, Titan America's Graham Number has ranged from 1.44 to 1.85. According to the industry distribution chart, Titan America ranks #219 out of 286 companies in the Building Materials industry, placing it in the top 76.6%.
Is Titan America's Graham Number too high?
Titan America's current Graham Number of $10.10 is 560% above median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 1.85. The Building Materials industry median Graham Number is 0.99. Titan America's value of $10.10 is 925.4% above this industry median. Based on the distribution chart, Titan America ranks #219 out of 286 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Titan America has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Titan America's Graham Number compare to USLM and TGLS?
According to the Building Materials industry distribution chart, Titan America ranks #219 out of 286 companies for Graham Number. This places Titan America in the lower half of its industry. The industry median Graham Number is 0.99. Titan America's value of $10.10 is 925.4% above this benchmark. Historically, Titan America's own Graham Number has ranged from 1.44 to 1.85 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 0.99, Titan America has consistently been above the industry average. 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 Building Materials company?
The median Graham Number among Building Materials companies is 0.99, based on 286 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. Titan America's current Graham Number of $10.10 is 925.4% 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 Titan America and its competitors. For the Building Materials industry, the median Graham Number is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan America's current Graham Number is $10.10, which is 560% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan America stock overvalued right now?
Titan America (TTAM) has a current Graham Number of $10.10. The current Graham Number is $10.10, which is 560% above median its 10-year median of 1.53 and 925.4% above the Building Materials industry median of 0.99. Titan America's overall GF Score™ is 21/100 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 Titan America (TTAM), the current Graham Number is $10.10 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.

Titan America Business Description

Other Exchanges IH9:Germany
Address Place Sainte-Gudule 14, Bruxelles, BEL, 1000
Titan America SA is a vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services operating in Florida, the New York and New Jersey Metropolitan area Metro New York, Virginia, North Carolina and South Carolina. The Company, through its wholly owned subsidiaries, operates in the manufacture, distribution, and sale of cement, fly ash, aggregates, ready-mix concrete, and concrete blocks to resellers and construction contractors in the Eastern region of the United States.
21GF Score

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$18.15
Price