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.
ReGuest SpAWBO:REGU 20 Graham Number is €0.22 as of Dec. 2025, which is 100% below its 10-year median of 40.11. GuruFocus rates WBO:REGU with a GF Score™ of 20/100. The stock has 4 warning signs investors should review. Among 1,477 Software companies, ReGuest SpA ranks worse than 99.59% 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 (2026-08-01), the stock price of ReGuest SpA is €9.35. ReGuest SpA's graham number for the quarter that ended in Dec. 2025 was €0.22. Therefore, ReGuest SpA's Price to Graham Number ratio for today is 41.84.
The historical rank and industry rank for ReGuest SpA's Graham Number or its related term are showing as below:
WBO:REGU'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 40.11 Med: 40.11 Max: 45.45
Current: 42.5
During the past 4 years, the highest Price to Graham Number ratio of ReGuest SpA was 45.45. The lowest was 40.11. And the median was 40.11.
WBO:REGU's Price-to-Graham-Number is ranked worse than 99.59% of 1477
companies
in the Software industry
Industry Median: 1.87
vs WBO:REGU: 42.50
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
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.
ReGuest SpA's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
9.35
/
0.22
=
41.84
* 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.
ReGuest SpA Graham Number Related Terms
ReGuest SpA Graham Number Historical Data
* Premium members only.
The historical data trend for ReGuest SpA'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.
ReGuest SpA Graham Number Chart
ReGuest SpA Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Graham Number
0.00
0.00
0.00
0.22
ReGuest SpA Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Graham Number
0.00
0.00
0.00
0.22
WBO:REGU vs QH, SHOP, UBER: Graham Number Comparison
For the Software - Application subindustry, ReGuest SpA'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.
ReGuest SpA Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, ReGuest SpA's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where ReGuest SpA'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.
ReGuest SpA (WBO:REGU) has a Graham Number of €0.22 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on ReGuest SpA and its competitors. This is 99% below median its historical median of 40.11. Over the past decade, ReGuest SpA's Graham Number has ranged from 40.11 to 45.45. According to the industry distribution chart, ReGuest SpA ranks #1471 out of 1477 companies in the Software industry, placing it in the top 99.6%.
Is ReGuest SpA's Graham Number too high?
ReGuest SpA's current Graham Number of €0.22 is 99% below median its 10-year median of 40.11. Over the past 10 years, this metric has ranged from a low of 40.11 to a high of 45.45. Based on the distribution chart, ReGuest SpA ranks #1471 out of 1477 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, ReGuest SpA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does ReGuest SpA's Graham Number compare to QH and SHOP?
According to the Software industry distribution chart, ReGuest SpA ranks #1471 out of 1477 companies for Graham Number. This places ReGuest SpA in the lower half of its industry. The industry median Graham Number is 1.87. Historically, ReGuest SpA's own Graham Number has ranged from 40.11 to 45.45 over the past decade. 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 Software company?
The median Graham Number among Software companies is 1.87, based on 1,477 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 ReGuest SpA and its competitors. For the Software industry, the median Graham Number is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ReGuest SpA's current Graham Number is €0.22, which is 99% below median its own 10-year median of 40.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ReGuest SpA stock overvalued right now?
ReGuest SpA (WBO:REGU) has a current Graham Number of €0.22. The current Graham Number is €0.22, which is 99% below median its 10-year median of 40.11. ReGuest SpA's overall GF Score™ is 20/100 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 ReGuest SpA (WBO:REGU), the current Graham Number is €0.22 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WBO:REGU has been successfully added to your 
