Van de Velde NVVDEVF 82 Graham Number is $23.76 as of Dec. 2025, which is 1527% above its 10-year median of 1.46. GuruFocus rates VDEVF with a GF Score™ of 82/100 and a GF Value™ of $38.16. The stock has 3 warning signs investors should review. Among 707 Manufacturing - Apparel & Accessories companies, Van de Velde NV ranks worse than 67.19% 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 (2026-07-03), the stock price of Van de Velde NV is $35.66. Van de Velde NV's graham number for the quarter that ended in Dec. 2025 was $23.76. Therefore, Van de Velde NV's Price to Graham Number ratio for today is 1.50.
The historical rank and industry rank for Van de Velde NV's Graham Number or its related term are showing as below:
VDEVF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.14 Med: 1.46 Max: 3.26
Current: 1.48
During the past 13 years, the highest Price to Graham Number ratio of Van de Velde NV was 3.26. The lowest was 1.14. And the median was 1.46.
VDEVF's Price-to-Graham-Number is ranked worse than 67.19% of 707
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.01
vs VDEVF: 1.48
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Van de Velde NV (OTCPK:VDEVF) 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.
Van de Velde NV's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
35.66
/
23.76
=
1.50
* 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.
Van de Velde NV Graham Number Related Terms
Van de Velde NV Graham Number Historical Data
* Premium members only.
The historical data trend for Van de Velde NV'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 Apparel Manufacturing subindustry, Van de Velde NV'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.
Van de Velde NV Price-to-Graham-Number vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Van de Velde NV's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Van de Velde NV'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.
Van de Velde NV (VDEVF) has a Graham Number of $23.76 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Van de Velde NV and its competitors. This is 1527% above median its historical median of 1.46. Over the past decade, Van de Velde NV's Graham Number has ranged from 1.14 to 3.26. According to the industry distribution chart, Van de Velde NV ranks #475 out of 707 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 67.2%.
Is Van de Velde NV's Graham Number too high?
Van de Velde NV's current Graham Number of $23.76 is 1527% above median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 3.26. The Manufacturing - Apparel & Accessories industry median Graham Number is 1.01. Van de Velde NV's value of $23.76 is 2252.5% above this industry median. Based on the distribution chart, Van de Velde NV ranks #475 out of 707 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Van de Velde NV has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Van de Velde NV's Graham Number compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Van de Velde NV ranks #475 out of 707 companies for Graham Number. This places Van de Velde NV in the lower half of its industry. The industry median Graham Number is 1.01. Van de Velde NV's value of $23.76 is 2252.5% above this benchmark. Historically, Van de Velde NV's own Graham Number has ranged from 1.14 to 3.26 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 1.01, Van de Velde NV 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 Manufacturing - Apparel & Accessories company?
The median Graham Number among Manufacturing - Apparel & Accessories companies is 1.01, based on 707 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. Van de Velde NV's current Graham Number of $23.76 is 2252.5% 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 Van de Velde NV and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Graham Number is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Van de Velde NV's current Graham Number is $23.76, which is 1527% above median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Van de Velde NV stock overvalued right now?
Van de Velde NV (VDEVF) has a current Graham Number of $23.76. The stock's GF Value™ is $38.16, compared to a current price of $35.66 — trading 6.6% below its estimated fair value. The current Graham Number is $23.76, which is 1527% above median its 10-year median of 1.46 and 2252.5% above the Manufacturing - Apparel & Accessories industry median of 1.01. Van de Velde NV's overall GF Score™ is 82/100 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 Van de Velde NV (VDEVF), the current Graham Number is $23.76 as of Dec. 2025. 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 Van de Velde NV (VDEVF) Overvalued in 2026?
Based on GuruFocus' analysis, Van de Velde NV stock appears to be undervalued.
The current stock price of $35.66 is trading 6.6% below its estimated GF Value™ of $38.16.
Key valuation signals for VDEVF:
Graham Number: $23.76 (1527% above median its 10-year median of 1.46)
GF Value™: $38.16 vs. price of $35.66 (6.6% below fair value)
Industry Position: 2252.5% above the Manufacturing - Apparel & Accessories median (#475 of 707)
No single metric tells the full story. See the VDEVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Van de Velde NV designs and produces women's lingerie. Brands include Marie Jo, Primadonna, and Andres Sarda. The company distinguishes two operational segments based on the operating model: the B2B (business to business) and the D2C (direct to consumer) distribution channel. Van de Velde sells majority of its items through the wholesale channel to independent specialty retailers. The remaining sales are through retail stores the company owns or franchises. Van de Velde sells its products globally, and it has retail stores throughout continental Europe, the United Kingdom, the United States, Hong Kong, and Dubai.
82GF Score
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