CC Japanome & Growth Trust (CHIX:CCJIL) Graham Number: £6.90 (As of Apr. 2026) — 1308% Above Median

Author: Vera Yuan Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

CHIX:CCJIL CC Japan Income & Growth Trust PLC CHIX:CCJIL
56 GF Score
Price £1.82
GF Value £3.34
! 2 Warning Signs
View Full Analysis

What is CC Japanome & Growth Trust Graham Number?

CC Japanome & Growth Trust CHIX:CCJIL 56 Graham Number is £6.90 as of Apr. 2026, which is 100% below its 10-year median of 0.49. GuruFocus rates CHIX:CCJIL with a GF Score™ of 56/100 and a GF Value™ of £3.34. The stock has 2 warning signs investors should review. Among 1,169 Asset Management companies, CC Japanome & Growth Trust ranks better than 85.46% 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 (2026-07-26), the stock price of CC Japanome & Growth Trust is £1.82. CC Japanome & Growth Trust's graham number for the quarter that ended in Apr. 2026 was £6.90. Therefore, CC Japanome & Growth Trust's Price to Graham Number ratio for today is 0.26.

The historical rank and industry rank for CC Japanome & Growth Trust's Graham Number or its related term are showing as below:

CHIX:CCJIl' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.35   Med: 0.49   Max: 1.87
Current: 0.4

During the past 10 years, the highest Price to Graham Number ratio of CC Japanome & Growth Trust was 1.87. The lowest was 0.35. And the median was 0.49.

CHIX:CCJIl's Price-to-Graham-Number is ranked better than
85.46% of 1169 companies
in the Asset Management industry
Industry Median: 0.71 vs CHIX:CCJIl: 0.40

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


CC Japanome & Growth Trust  (CHIX:CCJIl) 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.

CC Japanome & Growth Trust's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Apr. 2026 )
=1.82/6.90
=0.26

* 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.


CC Japanome & Growth Trust Graham Number Related Terms


CC Japanome & Growth Trust Graham Number Historical Data

* Premium members only.

The historical data trend for CC Japanome & Growth Trust'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.

CC Japanome & Growth Trust Graham Number Chart

CC Japanome & Growth Trust Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.22 0.00 3.35 3.54 5.13

CC Japanome & Growth Trust Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 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 4.56 3.54 0.00 5.13 6.90

CHIX:CCJIL vs BLK, BX, KKR: Graham Number Comparison

For the Asset Management subindustry, CC Japanome & Growth Trust'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.


CC Japanome & Growth Trust Price-to-Graham-Number vs Asset Management Industry

For the Asset Management industry and Financial Services sector, CC Japanome & Growth Trust's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where CC Japanome & Growth Trust's Price-to-Graham-Number falls into.


CHIX:CCJIL
56GF Score
CC Japan Income & Growth Trust PLC CHIX:CCJIL
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CC Japanome & Growth Trust Graham Number Calculation

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

CC Japanome & Growth Trust's Graham Number for the fiscal year that ended in Oct. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*2.405*0.487)
=5.13

CC Japanome & Growth Trust's Graham Number for the quarter that ended in Apr. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*2.712*0.78)
=6.90

* 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 £6.90 mean?
CC Japanome & Growth Trust (CHIX:CCJIL) has a Graham Number of £6.90 as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on CC Japanome & Growth Trust and its competitors. This is 1308% above median its historical median of 0.49. Over the past decade, CC Japanome & Growth Trust's Graham Number has ranged from 0.35 to 1.87. According to the industry distribution chart, CC Japanome & Growth Trust ranks #170 out of 1169 companies in the Asset Management industry, placing it in the top 14.5%.
Is CC Japanome & Growth Trust's Graham Number too high?
CC Japanome & Growth Trust's current Graham Number of £6.90 is 1308% above median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.87. Based on the distribution chart, CC Japanome & Growth Trust ranks #170 out of 1169 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, CC Japanome & Growth Trust has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does CC Japanome & Growth Trust's Graham Number compare to BLK and BX?
According to the Asset Management industry distribution chart, CC Japanome & Growth Trust ranks #170 out of 1169 companies for Graham Number. This places CC Japanome & Growth Trust in the top 15% of its industry — outperforming the majority of peers. The industry median Graham Number is 0.71. Historically, CC Japanome & Growth Trust's own Graham Number has ranged from 0.35 to 1.87 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 an Asset Management company?
The median Graham Number among Asset Management companies is 0.71, based on 1,169 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 CC Japanome & Growth Trust and its competitors. For the Asset Management industry, the median Graham Number is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CC Japanome & Growth Trust's current Graham Number is £6.90, which is 1308% above median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CC Japanome & Growth Trust stock overvalued right now?
CC Japanome & Growth Trust (CHIX:CCJIL) has a current Graham Number of £6.90. The stock's GF Value™ is £3.34, compared to a current price of £1.82 — trading 45.5% below its estimated fair value. The current Graham Number is £6.90, which is 1308% above median its 10-year median of 0.49. CC Japanome & Growth Trust's overall GF Score™ is 56/100 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 CC Japanome & Growth Trust (CHIX:CCJIL), the current Graham Number is £6.90 as of Apr. 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 CC Japanome & Growth Trust (CHIX:CCJIL) Overvalued in 2026?

Based on GuruFocus' analysis, CC Japanome & Growth Trust stock appears to be undervalued. The current stock price of £1.82 is trading 45.5% below its estimated GF Value™ of £3.34.

Key valuation signals for CHIX:CCJIL:

  • Graham Number: £6.90 (1308% above median its 10-year median of 0.49)
  • GF Value™: £3.34 vs. price of £1.82 (45.5% below fair value)
  • GF Score™: 56/100 with 2 warning signs

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


CC Japanome & Growth Trust Business Description

Other Exchanges CCJI:UK
Address 25 Southampton Buildings, London, GBR, WC2A 1AL
CC Japan Income & Growth Trust PLC is a closed-ended investment company. The company's investment objective is to provide shareholders with dividend income combined with capital growth, through investment in equities listed or quoted in Japan. The company's main business areas are Banks, Other Financial Services, Trading Companies, Semiconductor Related, Insurance, Telecom & Internet, Cosmetics and Toiletries, Gaming, Recruitment & Staffing, Functional Materials, etc.
56GF Score

Get the complete analysis for CHIX:CCJIL

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

£1.82
Price
£3.34
GF Value