Graham (GHM) vs Varex Imaging (VREX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Varex Imaging (VREX) has outperformed Graham (GHM) over the past year, gaining 56.9% versus a gain of 44.8%. Over five years, GHM leads with a +526.8% price change compared with -30.6% for VREX. Graham is the larger company by market cap ($957.2 million vs $784.3 million), about 1.2 times the size.
On valuation, Varex Imaging trades at a lower forward P/E (17.3x vs 35.8x for Graham).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GHM | VREX |
|---|---|---|
| Share price | $81.55 | $18.47 |
| Market cap | $957.16M | $784.30M |
| 1-day change | -3.31% | +0.16% |
| YTD return | +26.97% | +58.54% |
| 1-year return | +44.77% | +56.92% |
| 5-year return | +526.83% | -30.59% |
| P/E ratio (TTM) | 79.17 | 34.85 |
| Forward P/E | 35.83 | 17.26 |
| EPS (TTM) | $1.03 | $0.53 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $125.82 | $18.63 |
| 52-week low | $52.57 | $9.09 |
| Distance from 52-week high | -35.19% | -0.86% |
| Analyst consensus | buy | none |
| Avg. price target upside | +57.69% | +2.33% |
| Average volume | 200.22K | 834.28K |
| Shares outstanding | 11.74M | 42.46M |
| Employees | 732 | 2,500 |
| Sector | Industrials | Technology |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- VREX has outperformed GHM by 12.2 percentage points over the past year.
- Graham trades at a higher earnings multiple (79.2x vs 34.8x trailing P/E).
- The two companies sit in different sectors: Graham in Industrials and Varex Imaging in Technology.
About Graham
GHM stock →Graham Corporation designs and manufactures fluid, power, heat transfer, and vacuum technologies for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, and energy industries. The company offers power plant systems, including ejectors and surface condensers, as well as torpedo ejection, propulsion, and power systems comprising turbines, alternators, regulators, pumps, and blowers for the defense industry.
Industrials · Industrial Machinery/Components · 732 employees
About Varex Imaging
VREX stock →Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. It operates through two segments, Medical and Industrial.
Technology · Industrial Machinery/Components · 2,500 employees
GHM vs VREX FAQ
Which is bigger, Graham or Varex Imaging?
Graham (GHM) is larger, with a market capitalization of $957.16M compared with $784.30M for Varex Imaging (VREX).
Which stock has performed better over the past year, GHM or VREX?
VREX returned +56.92% over the past 12 months, compared with +44.77% for GHM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GHM or VREX?
VREX has the lower trailing P/E at 34.8, versus 79.2 for GHM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Graham and Varex Imaging in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.