UFPI (UFP Industries) Graham Number: $69.07 (As of Mar. 2026) — 5054% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

UFPI UFP Industries Inc UFPI
77 GF Score
Price $88.78
GF Value $103.83
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is UFP Industries Graham Number?

UFP Industries UFPI -2.45% 77 Graham Number is $69.07 as of Mar. 2026, which is 5054% above its 10-year median of 1.34. GuruFocus rates UFPI with a GF Score™ of 77/100 and a GF Value™ of $103.83 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 171 Forest Products companies, UFP Industries ranks worse than 71.93% 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 (2026-07-29), the stock price of UFP Industries is $88.78. UFP Industries's graham number for the quarter that ended in Mar. 2026 was $69.07. Therefore, UFP Industries's Price to Graham Number ratio for today is 1.29.

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

UFPI' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.8   Med: 1.34   Max: 1.75
Current: 1.29

During the past 13 years, the highest Price to Graham Number ratio of UFP Industries was 1.75. The lowest was 0.80. And the median was 1.34.

UFPI's Price-to-Graham-Number is ranked worse than
71.93% of 171 companies
in the Forest Products industry
Industry Median: 0.9 vs UFPI: 1.29

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


UFP Industries  (NAS:UFPI) 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.

UFP Industries's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=88.78/69.07
=1.29

* 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.


UFP Industries Graham Number Related Terms


UFP Industries Graham Number Historical Data

* Premium members only.

The historical data trend for UFP Industries'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.

UFP Industries Graham Number Chart

UFP Industries 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 69.50 91.47 85.48 83.16 71.88

UFP Industries 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 79.52 77.28 75.98 71.84 69.07

UFPI vs BCC, SSD, JCTC: Graham Number Comparison

For the Lumber & Wood Production subindustry, UFP Industries'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.


UFP Industries Price-to-Graham-Number vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, UFP Industries's Price-to-Graham-Number distribution charts can be found below:

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


UFPI
77GF Score
UFP Industries Inc UFPI
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UFP Industries Graham Number Calculation

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

UFP Industries'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*45.545*5.042)
=71.88

UFP Industries'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*46.048*4.604)
=69.07

* 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 $69.07 mean?
UFP Industries (UFPI) has a Graham Number of $69.07 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on UFP Industries and its competitors. This is 5054% above median its historical median of 1.34. Over the past decade, UFP Industries' Graham Number has ranged from 0.80 to 1.75. According to the industry distribution chart, UFP Industries ranks #123 out of 171 companies in the Forest Products industry, placing it in the top 71.9%.
Is UFP Industries' Graham Number too high?
UFP Industries' current Graham Number of $69.07 is 5054% above median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 1.75. The Forest Products industry median Graham Number is 0.90. UFP Industries' value of $69.07 is 7574.4% above this industry median. Based on the distribution chart, UFP Industries ranks #123 out of 171 companies in the Forest Products industry, which is below the industry midpoint. Overall, UFP Industries has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UFP Industries' Graham Number compare to BCC and SSD?
According to the Forest Products industry distribution chart, UFP Industries ranks #123 out of 171 companies for Graham Number. This places UFP Industries in the lower half of its industry. The industry median Graham Number is 0.90. UFP Industries' value of $69.07 is 7574.4% above this benchmark. Historically, UFP Industries' own Graham Number has ranged from 0.80 to 1.75 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 0.90, UFP Industries 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 Forest Products company?
The median Graham Number among Forest Products companies is 0.90, based on 171 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. UFP Industries's current Graham Number of $69.07 is 7574.4% 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 UFP Industries and its competitors. For the Forest Products industry, the median Graham Number is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UFP Industries's current Graham Number is $69.07, which is 5054% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UFP Industries stock overvalued right now?
Based on GuruFocus' analysis, UFP Industries (UFPI) is currently considered Modestly Undervalued. The stock's GF Value™ is $103.83, compared to a current price of $88.78 — trading 14.5% below its estimated fair value. The current Graham Number is $69.07, which is 5054% above median its 10-year median of 1.34 and 7574.4% above the Forest Products industry median of 0.90. UFP Industries' overall GF Score™ is 77/100 with 2 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 UFP Industries (UFPI), the current Graham Number is $69.07 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 UFP Industries (UFPI) Overvalued in 2026?

Based on GuruFocus' analysis, UFP Industries stock appears to be undervalued. The current stock price of $88.78 is trading 14.5% below its estimated GF Value™ of $103.83. GuruFocus considers UFP Industries to be Modestly Undervalued.

Key valuation signals for UFPI:

  • Graham Number: $69.07 (5054% above median its 10-year median of 1.34)
  • GF Value™: $103.83 vs. price of $88.78 (14.5% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 7574.4% above the Forest Products median (#123 of 171)

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


UFP Industries Business Description

Other Exchanges UF3:Germany
Address 2801 East Beltline, N.E, Grand Rapids, MI, USA, 49525
UFP Industries Inc is a supplier of lumber to the manufactured housing industry. Today UFP Industries is a multibillion-dollar holding company with subsidiaries around the globe that serve three markets: retail, packaging and construction. Its business segments consist of UFP Retail Solutions, UFP Packaging, UFP Construction, All other and Corporate. It describes itself as an innovation company, a logistics company, a design company, an engineering and value-added product and solutions company.
77GF Score

Get the complete analysis for UFPI

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

$88.78
Price
$103.83
GF Value