How to use this calculator
- Enter positive earnings per share, positive book value per share.
- Choose a display currency, then select Calculate. Results also update after a brief pause while you edit.
- Read the result with the assumptions below. Export details or save a second scenario to compare your choices.
Formula and method
Assumptions and limitations
The fixed 22.5 factor reflects a conventional heuristic; business quality, growth and accounting differences are not modeled.
Worked example
With positive earnings per share = 4, positive book value per share = 25, graham number is approximately 47.434165.
What the result means
This is a historical screening heuristic, not a universal intrinsic-value estimate or a buy signal.
Common questions
How should I interpret graham number?
This is a historical screening heuristic, not a universal intrinsic-value estimate or a buy signal.
What should I check before using this result?
The fixed 22.5 factor reflects a conventional heuristic; business quality, growth and accounting differences are not modeled.
Methodology and transparency
Calculation specification reviewed on 2026-10-14. Mathematical implementation is tested against independent reference fixtures. This does not imply review by a licensed financial professional. Read the testing and precision policy.