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The Toro CoTTC -0.67%92 Graham Number is $19.07 as of Apr. 2026, which is 266% above its 10-year median of 5.21. GuruFocus rates TTC with a GF Score™ of 92/100 and a GF Value™ of $94.27 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,200 Industrial Products companies, The Toro Co ranks worse than 84.91% 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 (2026-07-15), the stock price of The Toro Co is $92.72. The Toro Co's graham number for the quarter that ended in Apr. 2026 was $19.07. Therefore, The Toro Co's Price to Graham Number ratio for today is 4.86.
The historical rank and industry rank for The Toro Co's Graham Number or its related term are showing as below:
TTC'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 3.01 Med: 5.21 Max: 12.95
Current: 4.86
During the past 13 years, the highest Price to Graham Number ratio of The Toro Co was 12.95. The lowest was 3.01. And the median was 5.21.
TTC's Price-to-Graham-Number is ranked worse than 84.91% of 2200
companies
in the Industrial Products industry
Industry Median: 1.76
vs TTC: 4.86
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
The Toro Co (NYSE:TTC) 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.
The Toro Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Apr. 2026 )
=
92.72
/
19.07
=
4.86
* 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.
The Toro Co Graham Number Related Terms
The Toro Co Graham Number Historical Data
* Premium members only.
The historical data trend for The Toro Co'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.
For the Tools & Accessories subindustry, The Toro Co'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.
The Toro Co Price-to-Graham-Number vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, The Toro Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where The Toro Co'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.
The Toro Co (TTC) has a Graham Number of $19.07 as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on The Toro Co and its competitors. This is 266% above median its historical median of 5.21. Over the past decade, The Toro Co's Graham Number has ranged from 3.01 to 12.95. According to the industry distribution chart, The Toro Co ranks #1868 out of 2200 companies in the Industrial Products industry, placing it in the top 84.9%.
Is The Toro Co's Graham Number too high?
The Toro Co's current Graham Number of $19.07 is 266% above median its 10-year median of 5.21. Over the past 10 years, this metric has ranged from a low of 3.01 to a high of 12.95. The Industrial Products industry median Graham Number is 1.76. The Toro Co's value of $19.07 is 983.5% above this industry median. Based on the distribution chart, The Toro Co ranks #1868 out of 2200 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, The Toro Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Toro Co's Graham Number compare to TKR and SWK?
According to the Industrial Products industry distribution chart, The Toro Co ranks #1868 out of 2200 companies for Graham Number. This places The Toro Co in the lower half of its industry. The industry median Graham Number is 1.76. The Toro Co's value of $19.07 is 983.5% above this benchmark. Historically, The Toro Co's own Graham Number has ranged from 3.01 to 12.95 over the past decade. While the company's 10-year median is 5.21 vs. the industry median of 1.76, The Toro Co 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 an Industrial Products company?
The median Graham Number among Industrial Products companies is 1.76, based on 2,200 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. The Toro Co's current Graham Number of $19.07 is 983.5% 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 The Toro Co and its competitors. For the Industrial Products industry, the median Graham Number is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Toro Co's current Graham Number is $19.07, which is 266% above median its own 10-year median of 5.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Toro Co stock overvalued right now?
Based on GuruFocus' analysis, The Toro Co (TTC) is currently considered Fairly Valued. The stock's GF Value™ is $94.27, compared to a current price of $92.72 — trading 1.6% below its estimated fair value. The current Graham Number is $19.07, which is 266% above median its 10-year median of 5.21 and 983.5% above the Industrial Products industry median of 1.76. The Toro Co's overall GF Score™ is 92/100 with 4 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 The Toro Co (TTC), the current Graham Number is $19.07 as of Apr. 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 The Toro Co (TTC) Overvalued in 2026?
Based on GuruFocus' analysis, The Toro Co stock appears to be undervalued.
The current stock price of $92.72 is trading 1.6% below its estimated GF Value™ of $94.27.
GuruFocus considers The Toro Co to be Fairly Valued.
Key valuation signals for TTC:
Graham Number: $19.07 (266% above median its 10-year median of 5.21)
GF Value™: $94.27 vs. price of $92.72 (1.6% below fair value)
Industry Position: 983.5% above the Industrial Products median (#1868 of 2200)
No single metric tells the full story. See the TTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Toro Co designs, manufactures, markets, and sells professional turf maintenance equipment and services; turf and agricultural irrigation systems; landscaping equipment and lighting products; snow and ice management equipment; construction equipment; and residential yard and snow thrower products. The company operates through Professional and Residential segments, with the Professional segment serving commercial, agricultural, and construction customers and generating the majority of revenue, while the Residential segment focuses on homeowners. Its products are sold through distributors, dealers, retailers, rental centers, and direct channels, with the United States as its primary revenue-generating market.
92GF Score
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