# Graham Holdings share price today (Graham Holdings Company, GHC)

> Graham Holdings Company's results are improving, while its P/E is near the low end of its own history over 4.6 years, higher than only 35% of past readings. GHC · Consumer Staples · Education & Training Services · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/ghc

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: $1,197 (+18.3% in a year)
- P/E: 10.5× (lower than 65% of the last 4.6 years)
- Revenue (Jun 2026): $1.3 B (+7.1% on a year ago)
- Profit (Jun 2026): $282 M (+598.6% on a year ago)
- Operating margin: 19.7% (+10.9 points on a year ago)
- ROE: 6%, FY25
- ROIC: 9.3%, against a 7.0% cost of capital: +2.3 points

The main question: the share price moved +18.3% in a year while yearly earnings per share moved −59.3%. The difference came from the market paying a higher multiple. ## What is the Graham Holdings share price today? Graham Holdings Company's share price was $1,197 at the close on 3 November 2026. It has been rising for 23 weeks. That is 5.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between $1,037 and $1,213, and at that close it sat 91% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row. Over the last 10 years the share price moved +143% while the S&P 500 moved +255%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Graham Holdings pay? Graham Holdings Company paid $7.36 per share over the last four reported quarters. The most recent declaration was $1.88 for Jun 2026. At today's price of $1,197 that is a yield of 0.61%, based on dividends already paid, not a forecast. ## Which stock lists is Graham Holdings on? Graham Holdings is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Graham Holdings profitable? Graham Holdings Company earned $282 M of net profit in the Jun 2026 quarter, +598.6% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY25 profit was $303 M. Over 4 years profit has grown −3.7% a year on average. That is 21.7% of the quarter's revenue. The same quarter a year earlier earned $40.4 M. 2 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $303 M (−58.6% on the year before). Why profit moved: revenue changed +7.1% on a year earlier and the margin moved +10.9 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +151.9% and revenue +4.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Graham Holdings make, and is it growing? Graham Holdings Company reported $1.3 B of revenue in the Jun 2026 quarter, +7.1% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 11.4% a year on average. The last full year, FY25, came in at $4.9 B. The last four reported quarters add to $5.1 B. FY25 revenue was $4.9 B, +2.5% on the year before. Recent pace: the last four quarters grew +4.8% on average, against 11.4% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +4.8%, against +4.8% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −20.5%, against +97.5% a year (rolling over). ## How much of every $100 of sales does Graham Holdings keep? Graham Holdings Company's operating margin was 19.7% in the Jun 2026 quarter, 10.9 percentage points higher than the same quarter a year ago. Across 5 years it has been between 6.8% and 22.1%. The latest quarter is within that range. Why the margin moved: operating margin changed +10.9 percentage points on the year while gross margin changed −0.9 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Graham Holdings' profit turning into cash? Over the last 3 years, 81% of Graham Holdings Company's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $347 M of operating cash against $303 M of profit. After $71.9 M of spending on assets, $275 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Graham Holdings' cash go? Graham Holdings Company does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $248 M on assets over the last 3 years. Averaged over those years that is 1.7% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $248 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Graham Holdings' P/E ratio, and how does it compare with its own history? Graham Holdings Company's P/E is 10.5×, near the low end of its own history: it has been lower only 35% of the time. Its usual P/E (the middle reading) is 15.9×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −59.3% while the price moved +18.3%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +24.3% a year; about +55.6% a year came from earnings growth and about −31.3 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Graham Holdings business getting better or worse? Graham Holdings Company's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 6.1%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. ## How much does Graham Holdings earn on its capital? Graham Holdings Company earned a ROE of 6% in FY25. That is up from a low of 2% in FY22. Its return on capital used (ROIC) is 2.3 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 6.2% net margin and 0.59× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 6.2% net margin × 0.59× asset turnover × 1.72× leverage (assets divided by equity) ≈ 6.3% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 9.3% − 7.0% = +2.3 percentage points. The 7.0% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 9.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 5.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Graham Holdings have too much debt? Graham Holdings Company has total debt of $1.5 B against shareholder equity of $4.8 B as of Jun 2026, so its debt is 0.30× its equity, which is very little. Year by year, that ratio went from 0.26 in FY21 to 0.30 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Graham Holdings shareholding pattern? 8.8% of Graham Holdings Company's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 7.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Graham Holdings from balance-sheet trouble? For Graham Holdings Company, the Z-score is 3.30. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 3.30 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Graham Holdings rank in its industry? 57.2 out of 100, rank 7 of 20 in Education & Training Services, with 81% of the evidence available. Graham Holdings Company scores 57.2 out of 100 against the 20 companies it is compared with in Education & Training Services, ranking 7. Relative strength against the index is 0.8%, and revenue and profit growth are weak. The four parts add up to the total exactly: 12.7 + 10.3 + 16 + 18.2 = 57.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Graham Holdings compared with? Graham Holdings ranks 7 of 20 Education & Training Services companies on the 4-Factor Sector Score, with 57.2 out of 100. 1. [Laureate Education, Inc.](https://www.sectoralpha.in/us/stocks/laur) LAUR · quiet · Most evidence points up · 81% evidence 65.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.9/35 · Revenue 17.9% · Profit 25.4% · Operating margin change -0.6 points · 83% evidence Capital efficiency 18.1/25 · ROCE 23.4% · Operating margin 36.3% · 76% evidence Valuation 14.2/20 · P/E 15.8× · PEG 0.5 · 65% evidence Relative strength 15.3/20 · Lead over its industry 5.1% · Lead over S&P 500 -2.9% · 1 year 16.8% · 100% evidence · 2 of 12 weeks ahead Exact sum: 17.9 + 18.1 + 14.2 + 15.3 = 65.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Covista Inc.](https://www.sectoralpha.in/us/stocks/cvsa) CVSA · quiet · Evidence leans up · 81% evidence 62.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Revenue 9.2% · Profit 6.3% · Operating margin change 2.4 points · 83% evidence Capital efficiency 16.1/25 · ROCE 16.1% · Operating margin 19.3% · 76% evidence Valuation 9.7/20 · P/E 16.9× · PEG 1.28 · 65% evidence Relative strength 18.1/20 · Lead over its industry 9.1% · Lead over S&P 500 0.7% · 1 year 29.1% · 100% evidence · 2 of 12 weeks ahead Exact sum: 18.4 + 16.1 + 9.7 + 18.1 = 62.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Stride, Inc.](https://www.sectoralpha.in/us/stocks/lrn) LRN · basing · Evidence leans up · 85% evidence 61.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue 2.5% · Profit 6% · Operating margin change 2.1 points · 95% evidence Capital efficiency 18.4/25 · ROCE 25.4% · Operating margin 13.6% · 76% evidence Valuation 13.4/20 · P/E 9.6× · PEG 0.81 · 65% evidence Relative strength 11.9/20 · Lead over its industry -5.4% · Lead over S&P 500 -12.8% · 1 year 4.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.2 + 18.4 + 13.4 + 11.9 = 61.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Perdoceo Education Corporation](https://www.sectoralpha.in/us/stocks/prdo) PRDO · quiet · Evidence leans up · 81% evidence 61.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.5/35 · Revenue 11.7% · Profit 14.9% · Operating margin change 1.2 points · 83% evidence Capital efficiency 18.2/25 · ROCE 18.1% · Operating margin 25.7% · 76% evidence Valuation 13.8/20 · P/E 11.3× · PEG 0.58 · 65% evidence Relative strength 9.9/20 · Lead over its industry -6.2% · Lead over S&P 500 -13.5% · 1 year -1.6% · 100% evidence · 1 of 12 weeks ahead Exact sum: 19.5 + 18.2 + 13.8 + 9.9 = 61.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [New Oriental Education & Technology Group Inc.](https://www.sectoralpha.in/us/stocks/edu) EDU · quiet · Evidence leans up · 81% evidence 60.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 15.5% · Profit 28% · Operating margin change 1.4 points · 83% evidence Capital efficiency 11.0/25 · ROCE 13.1% · Operating margin 5.6% · 76% evidence Valuation 14.7/20 · P/E 15.3× · PEG 0.47 · 65% evidence Relative strength 11.5/20 · Lead over its industry -4.4% · Lead over S&P 500 -11.5% · 1 year -7.6% · 100% evidence · 10 of 12 weeks ahead Exact sum: 22.9 + 11 + 14.7 + 11.5 = 60.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Grand Canyon Education, Inc.](https://www.sectoralpha.in/us/stocks/lope) LOPE · quiet · Evidence leans up · 81% evidence 60.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.3/35 · Revenue 7% · Profit -5.5% · Operating margin change 1.1 points · 83% evidence Capital efficiency 21.0/25 · ROCE 39.6% · Operating margin 22% · 76% evidence Valuation 7.0/20 · P/E 16.7× · PEG 1.9 · 65% evidence Relative strength 13.7/20 · Lead over its industry -3.6% · Lead over S&P 500 -10.8% · 1 year -10.5% · 100% evidence · 2 of 12 weeks ahead Exact sum: 18.3 + 21 + 7 + 13.7 = 60 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 7. Graham Holdings Company this page GHC · turning · Evidence leans up · 81% evidence 57.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue 4.8% · Profit -20.6% · Operating margin change 10.9 points · 83% evidence Capital efficiency 10.3/25 · ROCE 8% · Operating margin 19.7% · 76% evidence Valuation 16.0/20 · P/E 9.1× · PEG 0.29 · 65% evidence Relative strength 18.2/20 · Lead over its industry 9% · Lead over S&P 500 0.8% · 1 year 14% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12.7 + 10.3 + 16 + 18.2 = 57.2 · What this means: Relative strength against the index is 0.8%, and revenue and profit growth are weak. 8. [Strategic Education, Inc.](https://www.sectoralpha.in/us/stocks/stra) STRA · quiet · Evidence leans up · 81% evidence 54.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.6/35 · Revenue 3.5% · Profit 17.4% · Operating margin change 0.6 points · 83% evidence Capital efficiency 12.3/25 · ROCE 11.2% · Operating margin 15.7% · 76% evidence Valuation 14.4/20 · P/E 12.7× · PEG 0.52 · 65% evidence Relative strength 10.5/20 · Lead over its industry -5% · Lead over S&P 500 -12.1% · 1 year -2.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 17.6 + 12.3 + 14.4 + 10.5 = 54.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [TAL Education Group](https://www.sectoralpha.in/us/stocks/tal) TAL · quiet · Evidence leans up · 71% evidence 54.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.2/35 · Revenue 32.4% · Profit 100% · Operating margin change 15.6 points · 83% evidence Capital efficiency 9.2/25 · ROCE 8.7% · Operating margin 18.1% · 76% evidence Valuation 11.1/20 · P/E 6.5× · PEG n/a · 15% evidence Relative strength 4.7/20 · Lead over its industry -7.5% · Lead over S&P 500 -14.3% · 1 year -15% · 100% evidence · 9 of 12 weeks ahead Exact sum: 29.2 + 9.2 + 11.1 + 4.7 = 54.2 · What this means: Earnings are strong; relative strength in its sector is -7.5% and the one-year return is -15%. 10. Legacy Education Inc. LGCY · quiet · Evidence leans up · 81% evidence 52.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue 21.5% · Profit 28.6% · Operating margin change 1.9 points · 83% evidence Capital efficiency 15.1/25 · ROCE 17.8% · Operating margin 13% · 76% evidence Valuation 9.4/20 · P/E 16.3× · PEG 1.4 · 65% evidence Relative strength 5.2/20 · Lead over its industry -12.9% · Lead over S&P 500 -19.7% · 1 year 13.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.3 + 15.1 + 9.4 + 5.2 = 52 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [American Public Education, Inc.](https://www.sectoralpha.in/us/stocks/apei) APEI · quiet · Evidence leans down · 64% evidence 43.5 out of 100 Growth Capital Valuation Relative
12. [Phoenix Education Partners, Inc.](https://www.sectoralpha.in/us/stocks/pxed) PXED · basing · Evidence leans down · 65% evidence 43.3 out of 100 Growth Capital Valuation Relative
13. [McGraw Hill, Inc.](https://www.sectoralpha.in/us/stocks/mh) MH · breaking out · Evidence leans down · 64% evidence 43.0 out of 100 Growth Capital Valuation Relative
14. [Franklin Covey Co.](https://www.sectoralpha.in/us/stocks/fc) FC · quiet · Evidence leans down · 74% evidence 41.2 out of 100 Growth Capital Valuation Relative
15. [Lincoln Educational Services Corporation](https://www.sectoralpha.in/us/stocks/linc) LINC · quiet · Evidence leans down · 81% evidence 39.8 out of 100 Growth Capital Valuation Relative
16. [Coursera, Inc.](https://www.sectoralpha.in/us/stocks/cour) COUR · quiet · Evidence leans down · 61% evidence 38.9 out of 100 Growth Capital Valuation Relative
17. [KinderCare Learning Companies, Inc.](https://www.sectoralpha.in/us/stocks/klc) KLC · basing · Too little evidence to rank firmly · 58% evidence 30.6 out of 100 Growth Capital Valuation Relative
18. [Universal Technical Institute, Inc.](https://www.sectoralpha.in/us/stocks/uti) UTI · basing · Most evidence points down · 81% evidence 30.4 out of 100 Growth Capital Valuation Relative
19. Neucleus Group Limited NEUC · Too little evidence to rank firmly · 11% evidence 57.2 out of 100 Growth Capital Valuation Relative
20. Chegg, Inc. CHGG · Too little evidence to rank firmly · 44% evidence 43.2 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Education & Training Services](https://www.sectoralpha.in/us/sectors/education-training-services), all 20 compared on one page. ## Which companies are close to Graham Holdings in size? Graham Holdings is the 3rd largest of 20 Education & Training Services companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: New Oriental Education & Technology Group Inc. and TAL Education Group. Just below it: Laureate Education, Inc., Covista Inc., Grand Canyon Education, Inc. and Stride, Inc. ### Education & Training Services companies close in size

1. [New Oriental Education & Technology Group Inc.](https://www.sectoralpha.in/us/stocks/edu) $7.8 billion
2. [TAL Education Group](https://www.sectoralpha.in/us/stocks/tal) $5.5 billion
3. Graham Holdings Company $5 billion
4. [Laureate Education, Inc.](https://www.sectoralpha.in/us/stocks/laur) $4.8 billion
5. [Covista Inc.](https://www.sectoralpha.in/us/stocks/cvsa) $4.1 billion
6. [Grand Canyon Education, Inc.](https://www.sectoralpha.in/us/stocks/lope) $3.8 billion
7. [Stride, Inc.](https://www.sectoralpha.in/us/stocks/lrn) $3.1 billion

[All 20 Education & Training Services companies, largest first](https://www.sectoralpha.in/us/sectors/education-training-services#all-companies)

### Companies close in size in other industries

1. [ONE Gas, Inc.](https://www.sectoralpha.in/us/stocks/ogs) $5 billion · Utilities - Regulated Gas
2. [Eastern Bankshares, Inc.](https://www.sectoralpha.in/us/stocks/ebc) $5 billion · Banks - Regional
3. Graham Holdings Company $5 billion
4. [Solaris Energy Infrastructure, Inc.](https://www.sectoralpha.in/us/stocks/sei) $5 billion · Oil & Gas Equipment & Services
5. [KBR, Inc.](https://www.sectoralpha.in/us/stocks/kbr) $5 billion · Engineering & Construction

## What else do people ask about Graham Holdings? ### What is Graham Holdings's stock price today? Graham Holdings Company's stock price is $1,197, +18.3% over the past year. The whole company is worth $5.0 B on the market. In the last 52 weeks it traded between $1,037 to $1,213; today it is 91% of the way up from the low, 5.3% above its 200-day average (as of 3 November 2026). ### What were Graham Holdings's latest quarterly results? Graham Holdings Company reported revenue of $1.3 B and net profit of $282 M for the Jun 2026 quarter. Revenue rose 7.1% and profit rose 598.6% compared with a year earlier. Earnings per share were $64.86. The operating margin was 19.7%, 10.9 percentage points higher than a year earlier (as of 3 November 2026). ### What is Graham Holdings's market cap? Graham Holdings Company's market capitalisation is $5.0 B at a stock price of $1,197. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Graham Holdings performing? Graham Holdings Company's share price has been rising for 23 weeks. In its latest quarter, revenue rose 7.1% and profit rose 598.6% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 1 week running (as of 3 November 2026). ### Will Graham Holdings's stock price go up? This page does not forecast Graham Holdings Company's stock price. What it shows instead: the stock price is $1,197, and it has been rising for 23 weeks. Its P/E of 10.5× is higher than 35% of its own last 5 years (as of 3 November 2026). ### Where is Graham Holdings in its business cycle? Graham Holdings Company's FY25 operating margin was 7.6%, against a 5-year range of 6.8% to 22.1%: the low end of its own range, which is often where recoveries start. The latest quarter was 19.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Graham Holdings story? The main question: the share price moved +18.3% in a year while yearly earnings per share moved −59.3%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Graham Holdings a stock worth studying right now? What the numbers show: Graham Holdings Company's results are improving, while its P/E is near the low end of its own history over 4.6 years, higher than only 35% of past readings. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.