Graham Holdings Co (GHC)
Services-Educational Services
Latest Price
$1203.54
TTM P/E
18.11
Normalized P/E
17.33
Div Yield
0.60%
Book Value
1028.32
P/B Ratio
1.17
Valuation metrics
adjust assumptions →EPS: $66.47
Book value / share: $1096.28
Formula: √(22.5 × EPS × BVPS)
Graham Number
$1,280.46
+6% upside
Norm. op. income: $100M (median of 7yr)
Tax rate: 29%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$48.59
96% downside
Base FCF: $166M (median of recent 5yr)
Growth: 17%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$1,455.32
+21% upside
EPS: $66.47
Target P/E: 17×
Formula: EPS × P/E
P/E Fair Value
$1,129.99
6% downside
Institutional Ownership
60.9% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 415.6K | $439.0M | 9.60% | +2.4K | 2026-03-31 |
| Madison Avenue Partners, LP | 245.8K | $259.0M | 5.68% | -- | 2026-03-31 |
| DIMENSIONAL FUND ADVISORS LP | 235.0K | $248.0M | 5.43% | -2.6K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 173.9K | $183.0M | 4.02% | -- | 2026-03-31 |
| Wallace Capital Management Inc. | 155.1K | $163.0M | 3.58% | -2.0K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 145.6K | $153.0M | 3.36% | -- | 2026-03-31 |
| STATE STREET CORP | 124.6K | $131.0M | 2.88% | -2.4K | 2026-03-31 |
| FIRST TRUST ADVISORS LP | 92.5K | $97.0M | 2.14% | +7.6K | 2026-03-31 |
| AQR CAPITAL MANAGEMENT LLC | 92.2K | $97.0M | 2.13% | +6.2K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 87.8K | $92.0M | 2.03% | +598 | 2026-03-31 |