Carlo Gavazzi Holding AGXSWX:GAV -0.64%74 Graham Number is CHF101.04 as of Mar. 2026, which is 100% below its 10-year median of 1.24. GuruFocus rates XSWX:GAV with a GF Score™ of 74/100 and a GF Value™ of CHF203.23 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,195 Industrial Products companies, Carlo Gavazzi Holding AG ranks better than 56.81% 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.
The historical rank and industry rank for Carlo Gavazzi Holding AG's Graham Number or its related term are showing as below:
XSWX:GAV'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.79 Med: 1.24 Max: 1.74
Current: 1.46
During the past 13 years, the highest Price to Graham Number ratio of Carlo Gavazzi Holding AG was 1.74. The lowest was 0.79. And the median was 1.24.
XSWX:GAV's Price-to-Graham-Number is ranked better than 56.81% of 2195
companies
in the Industrial Products industry
Industry Median: 1.78
vs XSWX:GAV: 1.46
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Carlo Gavazzi Holding AG (XSWX:GAV) 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.
Carlo Gavazzi Holding AG's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
155.00
/
101.04
=
1.53
* 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.
Carlo Gavazzi Holding AG Graham Number Related Terms
Carlo Gavazzi Holding AG 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.
XSWX:GAV vs VRT, BE, HUBB: Graham Number Comparison
For the Electrical Equipment & Parts subindustry, Carlo Gavazzi Holding AG'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.
Carlo Gavazzi Holding AG Price-to-Graham-Number vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Carlo Gavazzi Holding AG's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Carlo Gavazzi Holding AG'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.
Carlo Gavazzi Holding AG (XSWX:GAV) has a Graham Number of CHF101.04 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Carlo Gavazzi Holding AG and its competitors. This is 8048% above median its historical median of 1.24. Over the past decade, Carlo Gavazzi Holding AG's Graham Number has ranged from 0.79 to 1.74. According to the industry distribution chart, Carlo Gavazzi Holding AG ranks #948 out of 2195 companies in the Industrial Products industry, placing it in the top 43.2%.
Is Carlo Gavazzi Holding AG's Graham Number too high?
Carlo Gavazzi Holding AG's current Graham Number of CHF101.04 is 8048% above median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.74. Based on the distribution chart, Carlo Gavazzi Holding AG ranks #948 out of 2195 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Carlo Gavazzi Holding AG has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlo Gavazzi Holding AG's Graham Number compare to VRT and BE?
According to the Industrial Products industry distribution chart, Carlo Gavazzi Holding AG ranks #948 out of 2195 companies for Graham Number. This puts Carlo Gavazzi Holding AG in the upper half of its industry. The industry median Graham Number is 1.78. Historically, Carlo Gavazzi Holding AG's own Graham Number has ranged from 0.79 to 1.74 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 an Industrial Products company?
The median Graham Number among Industrial Products companies is 1.78, based on 2,195 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 Carlo Gavazzi Holding AG and its competitors. For the Industrial Products industry, the median Graham Number is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlo Gavazzi Holding AG's current Graham Number is CHF101.04, which is 8048% above median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlo Gavazzi Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Carlo Gavazzi Holding AG (XSWX:GAV) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF203.23, compared to a current price of CHF155.00 — trading 23.7% below its estimated fair value. The current Graham Number is CHF101.04, which is 8048% above median its 10-year median of 1.24. Carlo Gavazzi Holding AG's overall GF Score™ is 74/100 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 Carlo Gavazzi Holding AG (XSWX:GAV), the current Graham Number is CHF101.04 as of Mar. 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 Carlo Gavazzi Holding AG (XSWX:GAV) Overvalued in 2026?
Based on GuruFocus' analysis, Carlo Gavazzi Holding AG stock appears to be undervalued.
The current stock price of CHF155.00 is trading 23.7% below its estimated GF Value™ of CHF203.23.
GuruFocus considers Carlo Gavazzi Holding AG to be Modestly Undervalued.
Key valuation signals for XSWX:GAV:
Graham Number: CHF101.04 (8048% above median its 10-year median of 1.24)
GF Value™: CHF203.23 vs. price of CHF155.00 (23.7% below fair value)
No single metric tells the full story. See the XSWX:GAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carlo Gavazzi Holding AG is engaged in the designing, manufacturing, and marketing of electronic control components for industrial and building automation markets. The product portfolio of the company comprises sensors, monitoring relays, timers, energy management systems, solid-state relays, safety devices, Fieldbus systems, and others. Its products are marketed through a network of sales companies and independent national distributors. It has operational footprints across Switzerland, Italy, other Europe, the Middle East and Africa, the United States of America, other North America, and Asia.
74GF Score
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