Ingevec (XSGO:INGEVEC) Graham Number: CLP214.42 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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.

XSGO:INGEVEC Ingevec SA XSGO:INGEVEC
69 GF Score
Price CLP200.99
GF Value CLP105.26
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ingevec Graham Number?

Ingevec XSGO:INGEVEC 69 Graham Number is CLP214.42 as of Jun. 2026. GuruFocus rates XSGO:INGEVEC with a GF Score™ of 69/100 and a GF Value™ of CLP105.26 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,205 Construction companies, Ingevec ranks better than 53.69% 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 (2026-09-02), the stock price of Ingevec is CLP200.99. Ingevec's graham number for the quarter that ended in Jun. 2026 was CLP214.42. Therefore, Ingevec's Price to Graham Number ratio for today is 0.94.

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

XSGO:INGEVEC' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.19   Med: 0.71   Max: 1.17
Current: 0.94

During the past 13 years, the highest Price to Graham Number ratio of Ingevec was 1.17. The lowest was 0.19. And the median was 0.71.

XSGO:INGEVEC's Price-to-Graham-Number is ranked better than
53.69% of 1205 companies
in the Construction industry
Industry Median: 1.01 vs XSGO:INGEVEC: 0.94

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


Ingevec  (XSGO:INGEVEC) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=200.99/214.42
=0.94

* 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.


Ingevec Graham Number Related Terms


Ingevec Graham Number Historical Data

* Premium members only.

The historical data trend for Ingevec'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.

Ingevec Graham Number Chart

Ingevec 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 103.75 112.70 121.63 138.80 185.16

Ingevec 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 145.67 172.09 180.16 193.43 214.42

XSGO:INGEVEC vs PWR, FIX, EME: Graham Number Comparison

For the Engineering & Construction subindustry, Ingevec'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.


Ingevec Price-to-Graham-Number vs Construction Industry

For the Construction industry and Industrials sector, Ingevec's Price-to-Graham-Number distribution charts can be found below:

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


XSGO:INGEVEC
69GF Score
Ingevec SA XSGO:INGEVEC
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ingevec Graham Number Calculation

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

Ingevec'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*88.073*17.3)
=185.16

Ingevec'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*98.379*20.77)
=214.42

* 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 CLP214.42 mean?
Ingevec (XSGO:INGEVEC) has a Graham Number of CLP214.42 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Ingevec and its competitors. According to the industry distribution chart, Ingevec ranks #558 out of 1205 companies in the Construction industry, placing it in the top 46.3%.
Is Ingevec's Graham Number too high?
Ingevec's current Graham Number is CLP214.42. Based on the distribution chart, Ingevec ranks #558 out of 1205 companies in the Construction industry, which is above the industry midpoint. Overall, Ingevec has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ingevec's Graham Number compare to PWR and FIX?
According to the Construction industry distribution chart, Ingevec ranks #558 out of 1205 companies for Graham Number. This puts Ingevec in the upper half of its industry. The industry median Graham Number is 1.01. 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 Construction company?
The median Graham Number among Construction companies is 1.01, based on 1,205 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 Ingevec and its competitors. For the Construction industry, the median Graham Number is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingevec's current Graham Number is CLP214.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingevec stock overvalued right now?
Based on GuruFocus' analysis, Ingevec (XSGO:INGEVEC) is currently considered Significantly Overvalued. The stock's GF Value™ is CLP105.26, compared to a current price of CLP200.99 — trading 90.9% above its estimated fair value. The current Graham Number is CLP214.42. Ingevec's overall GF Score™ is 69/100 with 2 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 Ingevec (XSGO:INGEVEC), the current Graham Number is CLP214.42 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 Ingevec (XSGO:INGEVEC) Overvalued in 2026?

Based on GuruFocus' analysis, Ingevec stock appears to be overvalued. The current stock price of CLP200.99 is trading 90.9% above its estimated GF Value™ of CLP105.26. GuruFocus considers Ingevec to be Significantly Overvalued.

Key valuation signals for XSGO:INGEVEC:

  • Graham Number: CLP214.42
  • GF Value™: CLP105.26 vs. price of CLP200.99 (90.9% above fair value)
  • GF Score™: 69/100 with 2 warning signs

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


Ingevec Business Description

Address Cerro El Plomo 5680, 14th Floor, Las Condes, Santiago, CHL, 7560742
Ingevec SA operates in the real estate sector. It develops residential, commercial, and industrial projects and offers professional services and technical advice in engineering, architecture, design, construction, urbanization, and others. The company operates through the following business segments; Engineering and Construction, Real Estate, and Investments and Income. A majority of its revenue is generated from the Engineering and Construction segment which provides construction services to private and public clients, developing residential, warehouse, and commercial building projects. In addition, it participates in the development of public and private infrastructure projects. Geographically, the company operates in Chile, its key revenue generating market, and Peru.
69GF Score

Get the complete analysis for XSGO:INGEVEC

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

CLP200.99
Price
CLP105.26
GF Value