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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 (2026-07-16), the stock price of Fuji Oil Company is €2.540356. Fuji Oil Company's graham number for the quarter that ended in Sep. 2025 was €N/A. Therefore, Fuji Oil Company's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Fuji Oil Company's Graham Number or its related term are showing as below:
During the past 13 years, the highest Price to Graham Number ratio of Fuji Oil Company was 0.80. The lowest was 0.09. And the median was 0.24.
FRA:ACK's Price-to-Graham-Number is not ranked *
in the Oil & Gas industry.
Industry Median: 1.075 * 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.
Fuji Oil Company (FRA:ACK) 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.
Fuji Oil Company's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Sep. 2025 )
=
2.540356
/
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.
Fuji Oil Company Graham Number Related Terms
Fuji Oil Company Graham Number Historical Data
* Premium members only.
The historical data trend for Fuji Oil Company'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.
FRA:ACK vs VLO, PSX, MPC: Graham Number Comparison
For the Oil & Gas Refining & Marketing subindustry, Fuji Oil Company'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.
Fuji Oil Company Price-to-Graham-Number vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Fuji Oil Company's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Fuji Oil Company'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.
Fuji Oil Company (FRA:ACK) has a Graham Number of €N/A as of Sep. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Fuji Oil Company and its competitors. Over the past decade, Fuji Oil Company's Graham Number has ranged from 0.09 to 0.80.
Is Fuji Oil Company's Graham Number too high?
Fuji Oil Company's current Graham Number is €N/A. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.80. Overall, Fuji Oil Company has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Fuji Oil Company's Graham Number compare to VLO and PSX?
Fuji Oil Company's Graham Number of €N/A can be compared against companies in the Oil & Gas industry. The industry median Graham Number is 1.08. Historically, Fuji Oil Company's own Graham Number has ranged from 0.09 to 0.80 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 Oil & Gas company?
The median Graham Number among Oil & Gas companies is 1.08, based on 608 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 Fuji Oil Company and its competitors. For the Oil & Gas industry, the median Graham Number is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuji Oil Company'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 Fuji Oil Company stock overvalued right now?
Fuji Oil Company (FRA:ACK) has a current Graham Number of €N/A. The stock's GF Value™ is €1.25, compared to a current price of €2.54 — trading 103.2% above its estimated fair value. The current Graham Number is €N/A. Fuji Oil Company's overall GF Score™ is 41/100 with 7 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 Fuji Oil Company (FRA:ACK), the current Graham Number is €N/A as of Sep. 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 Fuji Oil Company (FRA:ACK) Overvalued in 2026?
Based on GuruFocus' analysis, Fuji Oil Company stock appears to be overvalued.
The current stock price of €2.54 is trading 103.2% above its estimated GF Value™ of €1.25.
Key valuation signals for FRA:ACK:
Graham Number: €N/A
GF Value™: €1.25 vs. price of €2.54 (103.2% above fair value)
No single metric tells the full story. See the FRA:ACK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fuji Oil Company Ltd is engaged in the business of importing crude oil, refining of oil and production, processing, storage, export, and sales of petroleum products and petrochemical products. Japan generates maximum revenue for the company.
41GF Score
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