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What is China Medical System Holdings Graham Number?
China Medical System HoldingsCHSYF +0.11%87 Graham Number is $1.17 as of Dec. 2025, which is 3% below its 10-year median of 1.20. GuruFocus rates CHSYF with a GF Score™ of 87/100 and a GF Value™ of $1.30 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 602 Drug Manufacturers companies, China Medical System Holdings ranks better than 60.3% 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.
The historical rank and industry rank for China Medical System Holdings's Graham Number or its related term are showing as below:
CHSYF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.83 Med: 1.2 Max: 3.5
Current: 1.32
During the past 13 years, the highest Price to Graham Number ratio of China Medical System Holdings was 3.50. The lowest was 0.83. And the median was 1.20.
CHSYF's Price-to-Graham-Number is ranked better than 60.3% of 602
companies
in the Drug Manufacturers industry
Industry Median: 1.53
vs CHSYF: 1.32
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
China Medical System Holdings (OTCPK:CHSYF) 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.
China Medical System Holdings's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
1.57
/
1.17
=
1.34
* 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.
China Medical System Holdings Graham Number Related Terms
China Medical System Holdings Graham Number Historical Data
* 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.
For the Drug Manufacturers - Specialty & Generic subindustry, China Medical System 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.
China Medical System Holdings Price-to-Graham-Number vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, China Medical System Holdings's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where China Medical System Holdings's Price-to-Graham-Number falls into.
* 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.
China Medical System Holdings (CHSYF) has a Graham Number of $1.17 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on China Medical System Holdings and its competitors. This is near median its historical median of 1.20. Over the past decade, China Medical System Holdings' Graham Number has ranged from 0.83 to 3.50. According to the industry distribution chart, China Medical System Holdings ranks #239 out of 602 companies in the Drug Manufacturers industry, placing it in the top 39.7%.
Is China Medical System Holdings' Graham Number too high?
China Medical System Holdings' current Graham Number of $1.17 is near median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 3.50. The Drug Manufacturers industry median Graham Number is 1.53. China Medical System Holdings' value of $1.17 is 23.5% below this industry median. Based on the distribution chart, China Medical System Holdings ranks #239 out of 602 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, China Medical System Holdings has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Medical System Holdings' Graham Number compare to ZTS?
According to the Drug Manufacturers industry distribution chart, China Medical System Holdings ranks #239 out of 602 companies for Graham Number. This puts China Medical System Holdings in the upper half of its industry. The industry median Graham Number is 1.53. China Medical System Holdings' value of $1.17 is 23.5% below this benchmark. Historically, China Medical System Holdings' own Graham Number has ranged from 0.83 to 3.50 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.53, China Medical System Holdings has consistently been below the industry average. 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 Drug Manufacturers company?
The median Graham Number among Drug Manufacturers companies is 1.53, based on 602 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. China Medical System Holdings's current Graham Number of $1.17 is 23.5% below the industry median. 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 China Medical System Holdings and its competitors. For the Drug Manufacturers industry, the median Graham Number is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Medical System Holdings's current Graham Number is $1.17, which is near median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Medical System Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Medical System Holdings (CHSYF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.30, compared to a current price of $1.57 — trading 20.8% above its estimated fair value. The current Graham Number is $1.17, which is near median its 10-year median of 1.20 and 23.5% below the Drug Manufacturers industry median of 1.53. China Medical System Holdings' overall GF Score™ is 87/100 with 3 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 China Medical System Holdings (CHSYF), the current Graham Number is $1.17 as of Dec. 2025. 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 China Medical System Holdings (CHSYF) Overvalued in 2026?
Based on GuruFocus' analysis, China Medical System Holdings stock appears to be overvalued.
The current stock price of $1.57 is trading 20.8% above its estimated GF Value™ of $1.30.
GuruFocus considers China Medical System Holdings to be Modestly Overvalued.
Key valuation signals for CHSYF:
Graham Number: $1.17 (near median its 10-year median of 1.20)
GF Value™: $1.30 vs. price of $1.57 (20.8% above fair value)
Industry Position: 23.5% below the Drug Manufacturers median (#239 of 602)
No single metric tells the full story. See the CHSYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Medical System Holdings Ltd is a holding company. Along with its subsidiaries, it is engaged in the research and development, production, promotion and sale of medicines. The company's reportable segments are: (i) Integrated pharmaceuticals portfolio and (ii) Skin diseases related business. The majority of the company's revenue, which consists of pharmaceutical products sales, is derived from the integrated pharmaceuticals portfolio segment.
87GF Score
Get the complete analysis for CHSYF
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