Cra International, Inc. (CRAI)

Services-Legal Services

Latest Price

$164.15

TTM P/E

Normalized P/E

Div Yield

1.04%

Book Value

28.97

P/B Ratio

5.67

Valuation metrics

EPS: $8.14

Book value / share: $32.62

Formula: √(22.5 × EPS × BVPS)

Graham Number

$77.30

53% downside

Norm. op. income: $58M (median of 6yr)

Tax rate: 27%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$67.82

59% downside

Base FCF: $33M (median of recent 5yr)

Growth: -15%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$24.32

85% downside

EPS: $8.14

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$122.10

26% downside

94.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	643.0K	$91.0M	10.28%	+49.3K	2026-06-30
FMR LLC	470.2K	$66.0M	7.52%	-100.0K	2026-06-30
Vanguard Capital Management LLC	277.2K	$39.0M	4.43%	+202	2026-06-30
Two Sigma Investments, LP	261.7K	$37.0M	4.18%	--	2026-06-30
Needham Investment Management LLC	215.5K	$30.0M	3.44%	+75.5K	2026-06-30
Dimensional Fund Advisors LP	195.4K	$27.0M	3.12%	+2.5K	2026-06-30
Renaissance Technologies LLC	181.8K	$25.0M	2.91%	-42.7K	2026-06-30
Point72 Asset Management, L.P.	180.2K	$25.0M	2.88%	+116.2K	2026-06-30
Geode Capital Management, LLC	166.7K	$23.0M	2.66%	+7.1K	2026-06-30
Jane Street Group, LLC	152.9K	$21.0M	2.44%	+8.5K	2026-06-30