English

Graham's Formula for Valuing Growth Stocks

Trading and Market Microstructure 2020-03-23 v1 General Finance Risk Management

Abstract

Benjamin Graham introduced a very simple formula for valuing a growth stock in 1962. How does it work and why? What is a sensible way to calculate this across many stocks and provide a scoring system to compare stocks amongst each other? We are presenting a methodology here which is put into practice.

Cite

@article{arxiv.2003.09300,
  title  = {Graham's Formula for Valuing Growth Stocks},
  author = {Andreas A. Aigner and Walter Schrabmair},
  journal= {arXiv preprint arXiv:2003.09300},
  year   = {2020}
}

Comments

9 pages, 5 figures

R2 v1 2026-06-23T14:21:30.783Z