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Yellow PagesYLWDF 78 Graham Number is $7.57 as of Mar. 2026, which is 542% above its 10-year median of 1.18. GuruFocus rates YLWDF with a GF Score™ of 78/100 and a GF Value™ of $6.98 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 492 Media - Diversified companies, Yellow Pages ranks worse than 51.02% 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 (2026-07-17), the stock price of Yellow Pages is $8.7475. Yellow Pages's graham number for the quarter that ended in Mar. 2026 was $7.57. Therefore, Yellow Pages's Price to Graham Number ratio for today is 1.16.
The historical rank and industry rank for Yellow Pages's Graham Number or its related term are showing as below:
YLWDF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.78 Med: 1.18 Max: 4.56
Current: 1.25
During the past 13 years, the highest Price to Graham Number ratio of Yellow Pages was 4.56. The lowest was 0.78. And the median was 1.18.
YLWDF's Price-to-Graham-Number is ranked worse than 51.02% of 492
companies
in the Media - Diversified industry
Industry Median: 1.22
vs YLWDF: 1.25
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Yellow Pages (OTCPK:YLWDF) 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.
Yellow Pages's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
8.7475
/
7.57
=
1.16
* 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.
Yellow Pages Graham Number Related Terms
Yellow Pages Graham Number Historical Data
* Premium members only.
The historical data trend for Yellow Pages'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.
For the Publishing subindustry, Yellow Pages'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.
Yellow Pages Price-to-Graham-Number vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Yellow Pages's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Yellow Pages'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.
Yellow Pages (YLWDF) has a Graham Number of $7.57 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Yellow Pages and its competitors. This is 542% above median its historical median of 1.18. Over the past decade, Yellow Pages' Graham Number has ranged from 0.78 to 4.56. According to the industry distribution chart, Yellow Pages ranks #251 out of 492 companies in the Media - Diversified industry, placing it in the top 51%.
Is Yellow Pages' Graham Number too high?
Yellow Pages' current Graham Number of $7.57 is 542% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 4.56. The Media - Diversified industry median Graham Number is 1.22. Yellow Pages' value of $7.57 is 520.5% above this industry median. Based on the distribution chart, Yellow Pages ranks #251 out of 492 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Yellow Pages has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yellow Pages' Graham Number compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Yellow Pages ranks #251 out of 492 companies for Graham Number. This places Yellow Pages in the lower half of its industry. The industry median Graham Number is 1.22. Yellow Pages' value of $7.57 is 520.5% above this benchmark. Historically, Yellow Pages' own Graham Number has ranged from 0.78 to 4.56 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.22, Yellow Pages has consistently been above the industry average. 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 Media - Diversified company?
The median Graham Number among Media - Diversified companies is 1.22, based on 492 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. Yellow Pages's current Graham Number of $7.57 is 520.5% above the industry median. 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 Yellow Pages and its competitors. For the Media - Diversified industry, the median Graham Number is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yellow Pages's current Graham Number is $7.57, which is 542% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yellow Pages stock overvalued right now?
Based on GuruFocus' analysis, Yellow Pages (YLWDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.98, compared to a current price of $8.75 — trading 25.3% above its estimated fair value. The current Graham Number is $7.57, which is 542% above median its 10-year median of 1.18 and 520.5% above the Media - Diversified industry median of 1.22. Yellow Pages' overall GF Score™ is 78/100 with 6 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 Yellow Pages (YLWDF), the current Graham Number is $7.57 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 Yellow Pages (YLWDF) Overvalued in 2026?
Based on GuruFocus' analysis, Yellow Pages stock appears to be overvalued.
The current stock price of $8.75 is trading 25.3% above its estimated GF Value™ of $6.98.
GuruFocus considers Yellow Pages to be Modestly Overvalued.
Key valuation signals for YLWDF:
Graham Number: $7.57 (542% above median its 10-year median of 1.18)
GF Value™: $6.98 vs. price of $8.75 (25.3% above fair value)
Industry Position: 520.5% above the Media - Diversified median (#251 of 492)
No single metric tells the full story. See the YLWDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yellow Pages Ltd is a media and marketing solutions company in Canada. It offers local and national businesses access to digital and print media and marketing solutions to reach consumers in all the provinces and territories of Canada.
78GF Score
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