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.
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.
Virtus Global Multi-SectorVGI +0.69%32 Graham Number is $13.04 as of May. 2026. GuruFocus rates VGI with a GF Score™ of 32/100. The stock has 5 warning signs investors should review. Among 1,151 Asset Management companies, Virtus Global Multi-Sector ranks better than 63.51% 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.
The historical rank and industry rank for Virtus Global Multi-Sector's Graham Number or its related term are showing as below:
VGI'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.56 Med: 0.67 Max: 1.59
Current: 0.56
During the past 9 years, the highest Price to Graham Number ratio of Virtus Global Multi-Sector was 1.59. The lowest was 0.56. And the median was 0.67.
VGI's Price-to-Graham-Number is ranked better than 63.51% of 1151
companies
in the Asset Management industry
Industry Median: 0.68
vs VGI: 0.56
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Virtus Global Multi-Sector (NYSE:VGI) 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.
Virtus Global Multi-Sector's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: May. 2026 )
=
7.34
/
13.04
=
0.56
* 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.
Virtus Global Multi-Sector Graham Number Related Terms
Virtus Global Multi-Sector Graham Number Historical Data
* 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 Asset Management subindustry, Virtus Global Multi-Sector'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.
Virtus Global Multi-Sector Price-to-Graham-Number vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Virtus Global Multi-Sector's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Virtus Global Multi-Sector'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.
Virtus Global Multi-Sector (VGI) has a Graham Number of $13.04 as of May. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Virtus Global Multi-Sector and its competitors. According to the industry distribution chart, Virtus Global Multi-Sector ranks #420 out of 1151 companies in the Asset Management industry, placing it in the top 36.5%.
Is Virtus Global Multi-Sector's Graham Number too high?
Virtus Global Multi-Sector's current Graham Number is $13.04. The Asset Management industry median Graham Number is 0.68. Virtus Global Multi-Sector's value of $13.04 is 1817.6% above this industry median. Based on the distribution chart, Virtus Global Multi-Sector ranks #420 out of 1151 companies in the Asset Management industry, which is above the industry midpoint. Overall, Virtus Global Multi-Sector has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Virtus Global Multi-Sector's Graham Number compare to DTF and AFCG?
According to the Asset Management industry distribution chart, Virtus Global Multi-Sector ranks #420 out of 1151 companies for Graham Number. This puts Virtus Global Multi-Sector in the upper half of its industry. The industry median Graham Number is 0.68. Virtus Global Multi-Sector's value of $13.04 is 1817.6% above this benchmark. 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 Asset Management company?
The median Graham Number among Asset Management companies is 0.68, based on 1,151 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. Virtus Global Multi-Sector's current Graham Number of $13.04 is 1817.6% 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 Virtus Global Multi-Sector and its competitors. For the Asset Management industry, the median Graham Number is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtus Global Multi-Sector's current Graham Number is $13.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Global Multi-Sector stock overvalued right now?
Virtus Global Multi-Sector (VGI) has a current Graham Number of $13.04. The current Graham Number is $13.04 and 1817.6% above the Asset Management industry median of 0.68. Virtus Global Multi-Sector's overall GF Score™ is 32/100 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 Virtus Global Multi-Sector (VGI), the current Graham Number is $13.04 as of May. 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.
Virtus Global Multi-Sector Inc is a United States based fund. Its investment objective is to maximize current income while preserving capital. The Fund seeks to achieve its investment objective by applying extensive credit research to capitalize on opportunities across undervalued areas of the international bond markets.
32GF Score
Get the complete analysis for VGI
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
VGI has been successfully added to your 
