S&P 500 Graham screen

A nightly tally of what Graham's published rules currently say about real companies — with gaps disclosed when a rule cannot be tested.

Graham classic 1973

The unbroken dividend rule is not currently evaluable: we store at most ten fiscal years of dividend history, while Graham classic 1973 requires twenty. Counts below use only evaluable rules under the selected ruleset — not a claim that every published criterion was tested.

Classic uses stricter thresholds (current ratio 2.0×, 10 years of positive EPS, 20 years of dividends); modern relaxes those to 1.5×, 7 years, and 10 years.

As of 2026-08-22 · Graham classic 1973

Today, 4 of 503 companies meet the defensive bar on evaluable rules.

Graham finds little that clears the bar on current prices and filed data. That is the point of the discipline — wait until enough companies qualify, rather than forcing a purchase.

Enterprising
89
Net-net
0
Short filing history
10
Extraction gap
16
Speculative
384

Both unscored buckets receive verdict Insufficient data on stock pages. Most are extraction gaps — SEC filings exist but our pipeline cannot yet read EPS and/or revenue — not missing filing history.

Trend

Daily history for Graham classic 1973. When the count rises, more companies currently clear evaluable defensive rules on filed data — often after share prices have moved lower.

08-0708-0808-0908-1008-1108-1208-1308-1408-1708-1808-1908-2008-2108-22Defensive count (max 7)

By sector

Sectors ranked by defensive count on evaluable rules (Graham classic 1973).

SectorDefensiveTotal
Financials476
Energy021
Materials025
Utilities031
Health Care059
Industrials083
Real Estate031
Consumer Staples034
Communication Services023
Consumer Discretionary047
Information Technology073

Why only three pass — read the analysis →

Companies meeting the defensive bar (Graham classic 1973)