VTS (Vitesse Energy) Graham Number: $5.71 (As of Mar. 2026) — 255% Above Median

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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.
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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.

VTS Vitesse Energy Inc VTS
72 GF Score
Price $15.56
GF Value $21.54
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Vitesse Energy Graham Number?

Vitesse Energy VTS -0.83% 72 Graham Number is $5.71 as of Mar. 2026, which is 255% above its 10-year median of 1.61. GuruFocus rates VTS with a GF Score™ of 72/100 and a GF Value™ of $21.54 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 608 Oil & Gas companies, Vitesse Energy ranks worse than 86.84% 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 Vitesse Energy is $15.56. Vitesse Energy's graham number for the quarter that ended in Mar. 2026 was $5.71. Therefore, Vitesse Energy's Price to Graham Number ratio for today is 2.73.

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

VTS' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.13   Med: 1.61   Max: 3.18
Current: 2.72

During the past 7 years, the highest Price to Graham Number ratio of Vitesse Energy was 3.18. The lowest was 1.13. And the median was 1.61.

VTS's Price-to-Graham-Number is ranked worse than
86.84% of 608 companies
in the Oil & Gas industry
Industry Median: 1.075 vs VTS: 2.72

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


Vitesse Energy  (NYSE:VTS) 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.

Vitesse Energy's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=15.56/5.71
=2.73

* 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.


Vitesse Energy Graham Number Related Terms


Vitesse Energy Graham Number Historical Data

* Premium members only.

The historical data trend for Vitesse Energy'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.

Vitesse Energy Graham Number Chart

Vitesse Energy Annual Data
Trend Nov19 Nov20 Nov21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial 26.76 49.09 0.00 16.21 6.76

Vitesse Energy Quarterly Data
Nov20 Nov21 Aug22 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 14.28 13.72 10.55 6.30 5.71

VTS vs TXO, GFR, GRNT: Graham Number Comparison

For the Oil & Gas E&P subindustry, Vitesse Energy'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.


Vitesse Energy Price-to-Graham-Number vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vitesse Energy's Price-to-Graham-Number distribution charts can be found below:

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


VTS
72GF Score
Vitesse Energy Inc VTS
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vitesse Energy Graham Number Calculation

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

Vitesse Energy'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*15.495*0.131)
=6.76

Vitesse Energy'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*14.341*0.101)
=5.71

* 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 $5.71 mean?
Vitesse Energy (VTS) has a Graham Number of $5.71 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Vitesse Energy and its competitors. This is 255% above median its historical median of 1.61. Over the past decade, Vitesse Energy's Graham Number has ranged from 1.13 to 3.18. According to the industry distribution chart, Vitesse Energy ranks #528 out of 608 companies in the Oil & Gas industry, placing it in the top 86.8%.
Is Vitesse Energy's Graham Number too high?
Vitesse Energy's current Graham Number of $5.71 is 255% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 3.18. The Oil & Gas industry median Graham Number is 1.08. Vitesse Energy's value of $5.71 is 431.2% above this industry median. Based on the distribution chart, Vitesse Energy ranks #528 out of 608 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Vitesse Energy has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vitesse Energy's Graham Number compare to TXO and GFR?
According to the Oil & Gas industry distribution chart, Vitesse Energy ranks #528 out of 608 companies for Graham Number. This places Vitesse Energy in the lower half of its industry. The industry median Graham Number is 1.08. Vitesse Energy's value of $5.71 is 431.2% above this benchmark. Historically, Vitesse Energy's own Graham Number has ranged from 1.13 to 3.18 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.08, Vitesse Energy 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 Oil & Gas company?
The median Graham Number among Oil & Gas companies is 1.08, based on 608 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. Vitesse Energy's current Graham Number of $5.71 is 431.2% 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 Vitesse Energy and its competitors. For the Oil & Gas industry, the median Graham Number is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitesse Energy's current Graham Number is $5.71, which is 255% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitesse Energy stock overvalued right now?
Based on GuruFocus' analysis, Vitesse Energy (VTS) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.54, compared to a current price of $15.56 — trading 27.8% below its estimated fair value. The current Graham Number is $5.71, which is 255% above median its 10-year median of 1.61 and 431.2% above the Oil & Gas industry median of 1.08. Vitesse Energy's overall GF Score™ is 72/100 with 7 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 Vitesse Energy (VTS), the current Graham Number is $5.71 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 Vitesse Energy (VTS) Overvalued in 2026?

Based on GuruFocus' analysis, Vitesse Energy stock appears to be undervalued. The current stock price of $15.56 is trading 27.8% below its estimated GF Value™ of $21.54. GuruFocus considers Vitesse Energy to be Modestly Undervalued.

Key valuation signals for VTS:

  • Graham Number: $5.71 (255% above median its 10-year median of 1.61)
  • GF Value™: $21.54 vs. price of $15.56 (27.8% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 431.2% above the Oil & Gas median (#528 of 608)

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


Vitesse Energy Business Description

Industry EnergyOil & Gas
Address 5619 DTC Parkway, Suite 700, Greenwood Village, CO, USA, 80111
Vitesse Energy Inc is an independent energy company focused on returning capital to stockholders through owning interests as a non-operator in oil and natural gas wells. It is engaged in the acquisition, development, and production of non-operated oil and natural gas properties in the United States that are generally operated by oil companies and are in the Williston Basin of North Dakota and Montana with limited operations. The company also have properties in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.
72GF Score

Get the complete analysis for VTS

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

$15.56
Price
$21.54
GF Value