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Lonza GroupXSWX:LONN +2.08%82 Graham Number is CHF174.22 as of Jun. 2026, which is 100% below its 10-year median of 3.59. GuruFocus rates XSWX:LONN with a GF Score™ of 82/100 and a GF Value™ of CHF578.48 (Fairly Valued). The stock has 4 warning signs investors should review. Among 71 Medical Diagnostics & Research companies, Lonza Group ranks worse than 60.56% 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 (2026-07-27), the stock price of Lonza Group is CHF559.40. Lonza Group's graham number for the quarter that ended in Jun. 2026 was CHF174.22. Therefore, Lonza Group's Price to Graham Number ratio for today is 3.21.
The historical rank and industry rank for Lonza Group's Graham Number or its related term are showing as below:
XSWX:LONN'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.85 Med: 3.59 Max: 13.6
Current: 3.21
During the past 13 years, the highest Price to Graham Number ratio of Lonza Group was 13.60. The lowest was 0.85. And the median was 3.59.
XSWX:LONN's Price-to-Graham-Number is ranked worse than 60.56% of 71
companies
in the Medical Diagnostics & Research industry
Industry Median: 2.51
vs XSWX:LONN: 3.21
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Lonza Group (XSWX:LONN) 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.
Lonza Group's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
559.40
/
174.22
=
3.21
* 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.
Lonza Group Graham Number Related Terms
Lonza Group Graham Number Historical Data
* Premium members only.
The historical data trend for Lonza Group'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.
XSWX:LONN vs TMO, DHR, IDXX: Graham Number Comparison
For the Diagnostics & Research subindustry, Lonza Group'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.
Lonza Group Price-to-Graham-Number vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Lonza Group's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Lonza Group'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.
Lonza Group (XSWX:LONN) has a Graham Number of CHF174.22 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Lonza Group and its competitors. This is 4753% above median its historical median of 3.59. Over the past decade, Lonza Group's Graham Number has ranged from 0.85 to 13.60. According to the industry distribution chart, Lonza Group ranks #43 out of 71 companies in the Medical Diagnostics & Research industry, placing it in the top 60.6%.
Is Lonza Group's Graham Number too high?
Lonza Group's current Graham Number of CHF174.22 is 4753% above median its 10-year median of 3.59. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 13.60. Based on the distribution chart, Lonza Group ranks #43 out of 71 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Lonza Group has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lonza Group's Graham Number compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Lonza Group ranks #43 out of 71 companies for Graham Number. This places Lonza Group in the lower half of its industry. The industry median Graham Number is 2.51. Historically, Lonza Group's own Graham Number has ranged from 0.85 to 13.60 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 Medical Diagnostics & Research company?
The median Graham Number among Medical Diagnostics & Research companies is 2.51, based on 71 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 Lonza Group and its competitors. For the Medical Diagnostics & Research industry, the median Graham Number is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lonza Group's current Graham Number is CHF174.22, which is 4753% above median its own 10-year median of 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lonza Group stock overvalued right now?
Based on GuruFocus' analysis, Lonza Group (XSWX:LONN) is currently considered Fairly Valued. The stock's GF Value™ is CHF578.48, compared to a current price of CHF559.40 — trading 3.3% below its estimated fair value. The current Graham Number is CHF174.22, which is 4753% above median its 10-year median of 3.59. Lonza Group's overall GF Score™ is 82/100 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 Lonza Group (XSWX:LONN), the current Graham Number is CHF174.22 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 Lonza Group (XSWX:LONN) Overvalued in 2026?
Based on GuruFocus' analysis, Lonza Group stock appears to be undervalued.
The current stock price of CHF559.40 is trading 3.3% below its estimated GF Value™ of CHF578.48.
GuruFocus considers Lonza Group to be Fairly Valued.
Key valuation signals for XSWX:LONN:
Graham Number: CHF174.22 (4753% above median its 10-year median of 3.59)
GF Value™: CHF578.48 vs. price of CHF559.40 (3.3% below fair value)
No single metric tells the full story. See the XSWX:LONN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lonza Group is a contract development and manufacturing organization. It operates under four segments: small molecules, biologics, cell and gene, and capsules and health ingredients. Lonza derives its revenue primarily from long-term supply agreements with pharmaceutical customers. The company provides development and manufacturing services throughout the entire lifecycle of a product, from drug research to commercial supply. The majority of Lonza's customers are pharmaceutical and biotechnology companies, academic institutions, and government research organizations.
82GF Score
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