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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.
XSGO:CGE'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.38 Med: 0.79 Max: 5.39
Current: 0.39
During the past 13 years, the highest Price to Graham Number ratio of Compania General de Electricidad CGE was 5.39. The lowest was 0.38. And the median was 0.79.
XSGO:CGE's Price-to-Graham-Number is ranked better than 90.89% of 406
companies
in the Utilities - Regulated industry
Industry Median: 1.165
vs XSGO:CGE: 0.39
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Compania General de Electricidad CGE (XSGO:CGE) 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.
Compania General de Electricidad CGE's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
227.20
/
654.68
=
0.35
* 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.
Compania General de Electricidad CGE Graham Number Related Terms
Compania General de Electricidad CGE 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.
Compania General de Electricidad CGE Graham Number Chart
XSGO:CGE vs NEE, SO, DUK: Graham Number Comparison
For the Utilities - Regulated Electric subindustry, Compania General de Electricidad CGE'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.
Compania General de Electricidad CGE Price-to-Graham-Number vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Compania General de Electricidad CGE's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Compania General de Electricidad CGE'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.
Compania General de Electricidad CGE (XSGO:CGE) has a Graham Number of CLP654.68 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Compania General de Electricidad CGE and its competitors. According to the industry distribution chart, Compania General de Electricidad CGE ranks #37 out of 406 companies in the Utilities - Regulated industry, placing it in the top 9.1%.
Is Compania General de Electricidad CGE's Graham Number too high?
Compania General de Electricidad CGE's current Graham Number is CLP654.68. Based on the distribution chart, Compania General de Electricidad CGE ranks #37 out of 406 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Compania General de Electricidad CGE has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Compania General de Electricidad CGE's Graham Number compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Compania General de Electricidad CGE ranks #37 out of 406 companies for Graham Number. This places Compania General de Electricidad CGE in the top 9% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.17. 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 1.17, based on 406 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 Compania General de Electricidad CGE and its competitors. For the Utilities - Regulated industry, the median Graham Number is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Compania General de Electricidad CGE's current Graham Number is CLP654.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania General de Electricidad CGE stock overvalued right now?
Based on GuruFocus' analysis, Compania General de Electricidad CGE (XSGO:CGE) is currently considered Modestly Undervalued. The stock's GF Value™ is CLP276.68, compared to a current price of CLP227.20 — trading 17.9% below its estimated fair value. The current Graham Number is CLP654.68. Compania General de Electricidad CGE's overall GF Score™ is 58/100 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 Compania General de Electricidad CGE (XSGO:CGE), the current Graham Number is CLP654.68 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 Compania General de Electricidad CGE (XSGO:CGE) Overvalued in 2026?
Based on GuruFocus' analysis, Compania General de Electricidad CGE stock appears to be undervalued.
The current stock price of CLP227.20 is trading 17.9% below its estimated GF Value™ of CLP276.68.
GuruFocus considers Compania General de Electricidad CGE to be Modestly Undervalued.
Key valuation signals for XSGO:CGE:
Graham Number: CLP654.68
GF Value™: CLP276.68 vs. price of CLP227.20 (17.9% below fair value)
No single metric tells the full story. See the XSGO:CGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Compania General de Electricidad SA CGE is an integrated gas and electricity company. It is operating in the areas of gas supply and transportation, distribution, electricity generation, marketing, and trading.
58GF Score
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