Mercedes-Benz Group AGXSWX:MBG 62 Graham Number is CHF87.97 as of Mar. 2026, which is 100% below its 10-year median of 0.55. GuruFocus rates XSWX:MBG with a GF Score™ of 62/100 and a GF Value™ of CHF52.97 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 985 Vehicles & Parts companies, Mercedes-Benz Group AG ranks better than 84.37% 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 Mercedes-Benz Group AG's Graham Number or its related term are showing as below:
XSWX:MBG'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.4 Med: 0.55 Max: 1.24
Current: 0.45
During the past 13 years, the highest Price to Graham Number ratio of Mercedes-Benz Group AG was 1.24. The lowest was 0.40. And the median was 0.55.
XSWX:MBG's Price-to-Graham-Number is ranked better than 84.37% of 985
companies
in the Vehicles & Parts industry
Industry Median: 1.17
vs XSWX:MBG: 0.45
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Mercedes-Benz Group AG (XSWX:MBG) 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.
Mercedes-Benz Group AG's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
40.865
/
87.97
=
0.46
* 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.
Mercedes-Benz Group AG Graham Number Related Terms
Mercedes-Benz Group 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.
For the Auto Manufacturers subindustry, Mercedes-Benz Group 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.
Mercedes-Benz Group AG Price-to-Graham-Number vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Mercedes-Benz Group 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.
Mercedes-Benz Group AG (XSWX:MBG) has a Graham Number of CHF87.97 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Mercedes-Benz Group AG and its competitors. This is 15895% above median its historical median of 0.55. Over the past decade, Mercedes-Benz Group AG's Graham Number has ranged from 0.40 to 1.24. According to the industry distribution chart, Mercedes-Benz Group AG ranks #154 out of 985 companies in the Vehicles & Parts industry, placing it in the top 15.6%.
Is Mercedes-Benz Group AG's Graham Number too high?
Mercedes-Benz Group AG's current Graham Number of CHF87.97 is 15895% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.24. Based on the distribution chart, Mercedes-Benz Group AG ranks #154 out of 985 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Mercedes-Benz Group AG has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Graham Number compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mercedes-Benz Group AG ranks #154 out of 985 companies for Graham Number. This places Mercedes-Benz Group AG in the top 16% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.17. Historically, Mercedes-Benz Group AG's own Graham Number has ranged from 0.40 to 1.24 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 Vehicles & Parts company?
The median Graham Number among Vehicles & Parts companies is 1.17, based on 985 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 Mercedes-Benz Group AG and its competitors. For the Vehicles & Parts 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. Mercedes-Benz Group AG's current Graham Number is CHF87.97, which is 15895% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercedes-Benz Group AG stock overvalued right now?
Based on GuruFocus' analysis, Mercedes-Benz Group AG (XSWX:MBG) is currently considered Possible Value Trap. The stock's GF Value™ is CHF52.97, compared to a current price of CHF40.87 — trading 22.9% below its estimated fair value. The current Graham Number is CHF87.97, which is 15895% above median its 10-year median of 0.55. Mercedes-Benz Group AG's overall GF Score™ is 62/100 with 5 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 Mercedes-Benz Group AG (XSWX:MBG), the current Graham Number is CHF87.97 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 Mercedes-Benz Group AG (XSWX:MBG) Overvalued in 2026?
Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued.
The current stock price of CHF40.87 is trading 22.9% below its estimated GF Value™ of CHF52.97.
GuruFocus considers Mercedes-Benz Group AG to be Possible Value Trap.
Key valuation signals for XSWX:MBG:
Graham Number: CHF87.97 (15895% above median its 10-year median of 0.55)
GF Value™: CHF52.97 vs. price of CHF40.87 (22.9% below fair value)
No single metric tells the full story. See the XSWX:MBG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 400,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its brand alone. In 2025, 15% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 58% were core (C and E Class), and 27% entry (A and B Class). In volume terms, Asia and Europe are Mercedes' largest markets, representing 41% and 36% of 2025 vehicle sales, respectively, followed by North America at 16%.
62GF Score
Get the complete analysis for XSWX:MBG
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:MBG has been successfully added to your 
