AINPF (Ain Holdings) Graham Number: $N/A (As of Jan. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AINPF Ain Holdings Inc AINPF
93 GF Score
Price $36.86
GF Value $47.79
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ain Holdings Graham Number?

Ain Holdings AINPF 93 Graham Number is $N/A as of Jan. 2026. GuruFocus rates AINPF with a GF Score™ of 93/100 and a GF Value™ of $47.79 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 369 Healthcare Providers & Services companies, Ain Holdings ranks worse than 271002.44% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-07-27), the stock price of Ain Holdings is $36.86. Ain Holdings's graham number for the quarter that ended in Jan. 2026 was $N/A. Therefore, Ain Holdings's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Ain Holdings's Graham Number or its related term are showing as below:

During the past 13 years, the highest Price to Graham Number ratio of Ain Holdings was 4.31. The lowest was 1.32. And the median was 1.90.

AINPF's Price-to-Graham-Number is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 1.65
* Ranked among companies with meaningful Price-to-Graham-Number only.

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Ain Holdings  (OTCPK:AINPF) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Ain Holdings's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jan. 2026 )
=36.86/N/A
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Ain Holdings Graham Number Related Terms


Ain Holdings Graham Number Historical Data

* Premium members only.

The historical data trend for Ain Holdings's Graham Number can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ain Holdings Graham Number Chart

Ain Holdings Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.65 27.75 29.31 20.19 0.00

Ain Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.70 20.38 0.00 0.00 0.00

Ain Holdings Graham Number Competitor Comparison

For the Pharmaceutical Retailers subindustry, Ain Holdings's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ain Holdings Price-to-Graham-Number vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ain Holdings's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Ain Holdings's Price-to-Graham-Number falls into.


AINPF
93GF Score
Ain Holdings Inc AINPF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ain Holdings Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Ain Holdings's Graham Number for the fiscal year that ended in Apr. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-8.823*3.645)
=N/A

Ain Holdings's Graham Number for the quarter that ended in Jan. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-11.242*3.714)
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $N/A mean?
Ain Holdings (AINPF) has a Graham Number of $N/A as of Jan. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Ain Holdings and its competitors. Over the past decade, Ain Holdings' Graham Number has ranged from 1.32 to 4.31. According to the industry distribution chart, Ain Holdings ranks #999999 out of 369 companies in the Healthcare Providers & Services industry.
Is Ain Holdings' Graham Number too high?
Ain Holdings' current Graham Number is $N/A. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 4.31. Based on the distribution chart, Ain Holdings ranks #999999 out of 369 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Ain Holdings has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ain Holdings' Graham Number compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Ain Holdings ranks #999999 out of 369 companies for Graham Number. This places Ain Holdings in the lower half of its industry. The industry median Graham Number is 1.65. Historically, Ain Holdings' own Graham Number has ranged from 1.32 to 4.31 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Healthcare Providers & Services company?
The median Graham Number among Healthcare Providers & Services companies is 1.65, based on 369 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Ain Holdings and its competitors. For the Healthcare Providers & Services industry, the median Graham Number is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ain Holdings's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ain Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ain Holdings (AINPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $47.79, compared to a current price of $36.86 — trading 22.9% below its estimated fair value. The current Graham Number is $N/A. Ain Holdings' overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Ain Holdings (AINPF), the current Graham Number is $N/A as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ain Holdings (AINPF) Overvalued in 2026?

Based on GuruFocus' analysis, Ain Holdings stock appears to be undervalued. The current stock price of $36.86 is trading 22.9% below its estimated GF Value™ of $47.79. GuruFocus considers Ain Holdings to be Modestly Undervalued.

Key valuation signals for AINPF:

  • Graham Number: $N/A
  • GF Value™: $47.79 vs. price of $36.86 (22.9% below fair value)
  • GF Score™: 93/100 with 2 warning signs

No single metric tells the full story. See the AINPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ain Holdings Business Description

Other Exchanges 9627:Japan
Address 1-2-1 Higashi-Naebo-Gojo, Higashi-ku, Sapporo-shi, JPN, 007-8755
Ain Holdings Inc's core business is the dispensing pharmacy business that includes preparing and dispensing drugs based on prescriptions. The company also generates revenue by selling generic drugs wholesale, pharmacy staffing services, and pharmacy consulting services. The company's additional business activity includes both urban and suburban drug and cosmetic stores. Ain operates the ainz & tuple brand that specifically targets female consumers in urban areas. The company also executes small real estate rental strategies.
93GF Score

Get the complete analysis for AINPF

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$36.86
Price
$47.79
GF Value