Empresas CMPC (XSGO:CMPC) Graham Number: CLP2,093.15 (As of Jun. 2026) — 394834% Above Median

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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
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.

XSGO:CMPC Empresas CMPC SA XSGO:CMPC
46 GF Score
Price CLP1,070.00
! 7 Warning Signs
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What is Empresas CMPC Graham Number?

Empresas CMPC XSGO:CMPC 46 Graham Number is CLP2,093.15 as of Jun. 2026, which is 100% below its 10-year median of 0.53. GuruFocus rates XSGO:CMPC with a GF Score™ of 46/100. The stock has 7 warning signs investors should review. Among 169 Forest Products companies, Empresas CMPC ranks better than 79.88% 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 (2026-08-13), the stock price of Empresas CMPC is CLP1070.00. Empresas CMPC's graham number for the quarter that ended in Jun. 2026 was CLP2,093.15. Therefore, Empresas CMPC's Price to Graham Number ratio for today is 0.51.

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

XSGO:CMPC' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.3   Med: 0.53   Max: 1.64
Current: 0.51

During the past 13 years, the highest Price to Graham Number ratio of Empresas CMPC was 1.64. The lowest was 0.30. And the median was 0.53.

XSGO:CMPC's Price-to-Graham-Number is ranked better than
79.88% of 169 companies
in the Forest Products industry
Industry Median: 0.92 vs XSGO:CMPC: 0.51

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


Empresas CMPC  (XSGO:CMPC) 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.

Empresas CMPC's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=1070.00/2,093.15
=0.51

* 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.


Empresas CMPC Graham Number Related Terms


Empresas CMPC Graham Number Historical Data

* Premium members only.

The historical data trend for Empresas CMPC'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.

Empresas CMPC Graham Number Chart

Empresas CMPC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,246.00 4,577.35 3,257.74 3,556.41 2,587.18

Empresas CMPC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only Premium Member Only 3,016.97 2,603.76 2,608.07 2,505.86 2,093.15

XSGO:CMPC vs SLVM: Graham Number Comparison

For the Paper & Paper Products subindustry, Empresas CMPC'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.


Empresas CMPC Price-to-Graham-Number vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Empresas CMPC's Price-to-Graham-Number distribution charts can be found below:

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


XSGO:CMPC
46GF Score
Empresas CMPC SA XSGO:CMPC
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Empresas CMPC Graham Number Calculation

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

Empresas CMPC'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*3420.626*86.969)
=2,587.18

Empresas CMPC's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*3423.397*56.88)
=2,093.15

* 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 CLP2,093.15 mean?
Empresas CMPC (XSGO:CMPC) has a Graham Number of CLP2,093.15 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Empresas CMPC and its competitors. This is 394834% above median its historical median of 0.53. Over the past decade, Empresas CMPC's Graham Number has ranged from 0.30 to 1.64. According to the industry distribution chart, Empresas CMPC ranks #34 out of 169 companies in the Forest Products industry, placing it in the top 20.1%.
Is Empresas CMPC's Graham Number too high?
Empresas CMPC's current Graham Number of CLP2,093.15 is 394834% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.64. Based on the distribution chart, Empresas CMPC ranks #34 out of 169 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Empresas CMPC has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Empresas CMPC's Graham Number compare to SLVM?
According to the Forest Products industry distribution chart, Empresas CMPC ranks #34 out of 169 companies for Graham Number. This places Empresas CMPC in the top 20% of its industry — outperforming the majority of peers. The industry median Graham Number is 0.92. Historically, Empresas CMPC's own Graham Number has ranged from 0.30 to 1.64 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 Forest Products company?
The median Graham Number among Forest Products companies is 0.92, based on 169 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 Empresas CMPC and its competitors. For the Forest Products industry, the median Graham Number is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empresas CMPC's current Graham Number is CLP2,093.15, which is 394834% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresas CMPC stock overvalued right now?
Empresas CMPC (XSGO:CMPC) has a current Graham Number of CLP2,093.15. The current Graham Number is CLP2,093.15, which is 394834% above median its 10-year median of 0.53. Empresas CMPC's overall GF Score™ is 46/100 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 Empresas CMPC (XSGO:CMPC), the current Graham Number is CLP2,093.15 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.

Empresas CMPC Business Description

Address Agustinas 1343, Santiago, CHL
Empresas CMPC SA produces and sells pulp, paper, packaging, tissue paper, and other paper products. The firm organizes itself into three segments based on product type. The pulp forestry segment, which generates the majority of revenue, harvests timber and sells pulp, which is used to make paper products. The paper segment sells a variety of paper products. The tissue segment sells tissue papers. The majority of revenue comes from Latin America. The majority of the company's shares outstanding are owned by Matte Group.
46GF Score

Get the complete analysis for XSGO:CMPC

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

CLP1,070.00
Price