GHC
Graham Holdings
PE ratio, current and historical analysis
- Stocks
- Consumer Defensive
- NYSE: GHC
- PE Ratio
The current PE ratio for Graham Holdings stock as of Jun 22, 2026 is 16.71. This is calculated based on the TTM EPS of $68.26 and the stock price of $1,140.53 per share. The PE ratio has increased by 49% from its last 4 quarters average of 11.3.
GHC PE ratio history
The average historical PE ratio of Graham Holdings for the last ten years is 16.22. The current price-to-earnings ratio of 16.71 is 3% more than the historical average. Analyzing the last ten years, GHC's PE ratio reached its highest point in the Mar 2023 quarter at 117.75, when the price was $595.84 and the EPS was $5.06. The lowest point was recorded in the Dec 2024 quarter, when it reached 5.3 with a price of $871.92 and an EPS of $164.62.
Graham Holdings PE ratio by year
Maximum annual increase: 390.35% in 2022
Maximum annual decrease: -78.65% in 2014
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 16.37 | 208.87% | $1,098.6 | $67.11 |
| 2024 | 5.3 | -66.54% | $871.92 | $164.62 |
| 2023 | 15.84 | -63.74% | $696.52 | $43.96 |
| 2022 | 43.69 | 390.35% | $604.21 | $13.83 |
| 2021 | 8.91 | -2.62% | $629.83 | $70.65 |
| 2020 | 9.15 | -11.68% | $533.38 | $58.3 |
| 2019 | 10.36 | -18.23% | $638.99 | $61.7 |
| 2018 | 12.67 | 23.13% | $640.58 | $50.55 |
| 2017 | 10.29 | -39.79% | $558.35 | $54.24 |
| 2016 | 17.09 | N/A | $511.95 | $29.95 |
| 2015 | N/A | N/A | $484.97 | -$17.87 |
| 2014 | 4.41 | -78.65% | $863.71 | $195.81 |
| 2013 | 20.66 | -1.62% | $663.32 | $32.1 |
| 2012 | 21 | -18.06% | $365.21 | $17.39 |
| 2011 | 25.63 | 81.13% | $376.81 | $14.7 |
Graham Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 15.49 | -5.38% | $1,057.26 | $68.26 |
| Dec 2025 | 16.37 | 132.2% | $1,098.6 | $67.11 |
| Sep 2025 | 7.05 | 15.76% | $1,177.31 | $167 |
| Jun 2025 | 6.09 | -9.91% | $946.17 | $155.35 |
| Mar 2025 | 6.76 | 27.55% | $960.86 | $142.13 |
| Dec 2024 | 5.3 | -66.88% | $871.92 | $164.62 |
| Sep 2024 | 16 | -31.86% | $821.72 | $51.35 |
| Jun 2024 | 23.48 | 85.17% | $699.55 | $29.79 |
| Mar 2024 | 12.68 | -19.95% | $767.68 | $60.54 |
| Dec 2023 | 15.84 | -9.9% | $696.52 | $43.96 |
| Sep 2023 | 17.58 | 38.32% | $583 | $33.17 |
| Jun 2023 | 12.71 | -89.21% | $571.48 | $44.97 |
| Mar 2023 | 117.75 | 169.51% | $595.84 | $5.06 |
| Dec 2022 | 43.69 | 139.53% | $604.21 | $13.83 |
| Sep 2022 | 18.24 | -1.41% | $537.98 | $29.49 |
GHC Price vs fair value
GHC average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, GHC's PE ratio is higher than the 3 and 10-year averages, but it is under its 5-year average.
PE comparison
With a price to earnings (P/E) of 16.71, GHC stands lower than the Consumer Defensive sector and the industry average. Looking at the Consumer Defensive sector average of 21.13, Graham Holdings's price to earnings (P/E) is 21% lower.
GHC PE vs peers
GHC's PE ratio is below its peer stocks LOPE and CECO.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GHC Graham Holdings Co | 16.75 | $4.92B |
| LOPE Grand Canyon Education Inc | 17.8 | $3.79B |
| APEI American Public Education Inc | 27.26 | $974.96M |
| DV DoubleVerify Holdings Inc | 31.5 | $1.6B |
| CECO Ceco Environmental Corp. | 248.49 | $3.48B |
Frequently asked questions
What is Graham Holdings's PE ratio?
The price to earnings ratio for GHC stock is 16.71 as of Jun 22, 2026.
What is the 3-year average PE ratio for Graham Holdings (GHC)?
Over the last 3 years, the average PE ratio for GHC stock is 12.95.
What is the 5-year average PE ratio for Graham Holdings (GHC)?
Over the last 5 years, the average PE ratio for GHC stock is 19.17.
What is the highest PE ratio for GHC?
The highest quarterly PE ratio in the last ten years has been 117.75 and it was in the Mar 2023 quarter.
How does the current PE ratio for GHC compare to its historical average?
The current PE ratio of GHC is 3% higher than the 10-year historical average.
How is GHC's PE ratio calculated (Graham Holdings PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 22, 2026), Graham Holdings's share price is $1,140.53. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $68.26. Therefore, Graham Holdings's price to earnings ratio for today is 16.71. PE RATIO(16.71) = STOCK PRICE($1,140.53) / TTM EPS($68.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.