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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.
WAR:WOD's Price-to-Graham-Number is ranked better than 62.96% of 405
companies
in the Utilities - Regulated industry
Industry Median: 1.15
vs WAR:WOD: 0.66
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji (WAR:WOD) 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.
Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
6.70
/
10.10
=
0.66
* 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.
Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji Graham Number Related Terms
Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji 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.
Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji Graham Number Chart
Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji Annual Data
WAR:WOD vs AWK, WTRG, AWR: Graham Number Comparison
For the Utilities - Regulated Water subindustry, Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji'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.
Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji Price-to-Graham-Number vs Utilities - Regulated Industry
* 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.
Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji (WAR:WOD) has a Graham Number of zł10.10 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji and its competitors. According to the industry distribution chart, Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji ranks #150 out of 405 companies in the Utilities - Regulated industry, placing it in the top 37%.
Is Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji's Graham Number too high?
Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji's current Graham Number is zł10.10. Based on the distribution chart, Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji ranks #150 out of 405 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji's Graham Number compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji ranks #150 out of 405 companies for Graham Number. This puts Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji in the upper half of its industry. The industry median Graham Number is 1.15. 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 Utilities - Regulated company?
The median Graham Number among Utilities - Regulated companies is 1.15, based on 405 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. 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 Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji and its competitors. For the Utilities - Regulated industry, the median Graham Number is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji's current Graham Number is zł10.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji stock overvalued right now?
Based on GuruFocus' analysis, Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji (WAR:WOD) is currently considered Modestly Undervalued. The stock's GF Value™ is zł8.09, compared to a current price of zł6.70 — trading 17.2% below its estimated fair value. The current Graham Number is zł10.10. Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji's overall GF Score™ is 75/100 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 Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji (WAR:WOD), the current Graham Number is zł10.10 as of Jun. 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 Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji (WAR:WOD) Overvalued in 2026?
Based on GuruFocus' analysis, Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji stock appears to be undervalued.
The current stock price of zł6.70 is trading 17.2% below its estimated GF Value™ of zł8.09.
GuruFocus considers Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji to be Modestly Undervalued.
Key valuation signals for WAR:WOD:
Graham Number: zł10.10
GF Value™: zł8.09 vs. price of zł6.70 (17.2% below fair value)
No single metric tells the full story. See the WAR:WOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wodkan Przedsiebiorstwo Wodociagow i Kanalizacji SA is engaged in the production and supply of drinking water, collection and treatment of sewage, investment activity, construction of water-sewage equipment, laboratory tests of water and sewage.
75GF Score
Get the complete analysis for WAR:WOD
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