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The Minami-Nippon BankFSE:8554 +0.07%57 Graham Number is 円5,728.17 as of Mar. 2026, which is 100% below its 10-year median of 0.32. GuruFocus rates FSE:8554 with a GF Score™ of 57/100 and a GF Value™ of 円859.29 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,433 Banks companies, The Minami-Nippon Bank ranks better than 96.93% 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 Minami-Nippon Bank (FSE:8554) 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.
The Minami-Nippon Bank's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
1418.00
/
5,728.17
=
0.25
* 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.
The Minami-Nippon Bank Graham Number Related Terms
The Minami-Nippon Bank 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.
The Minami-Nippon Bank Graham Number Competitor Comparison
For the Banks - Regional subindustry, The Minami-Nippon Bank'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.
The Minami-Nippon Bank Price-to-Graham-Number vs Banks Industry
For the Banks industry and Financial Services sector, The Minami-Nippon Bank's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where The Minami-Nippon Bank'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.
The Minami-Nippon Bank (FSE:8554) has a Graham Number of 円5,728.17 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on The Minami-Nippon Bank and its competitors. This is 1789953% above median its historical median of 0.32. Over the past decade, The Minami-Nippon Bank's Graham Number has ranged from 0.18 to 0.63. According to the industry distribution chart, The Minami-Nippon Bank ranks #44 out of 1433 companies in the Banks industry, placing it in the top 3.1%.
Is The Minami-Nippon Bank's Graham Number too high?
The Minami-Nippon Bank's current Graham Number of 円5,728.17 is 1789953% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.63. Based on the distribution chart, The Minami-Nippon Bank ranks #44 out of 1433 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, The Minami-Nippon Bank has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Minami-Nippon Bank's Graham Number compare to competitors?
According to the Banks industry distribution chart, The Minami-Nippon Bank ranks #44 out of 1433 companies for Graham Number. This places The Minami-Nippon Bank in the top 3% of its industry — outperforming the majority of peers. The industry median Graham Number is 0.81. Historically, The Minami-Nippon Bank's own Graham Number has ranged from 0.18 to 0.63 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 Banks company?
The median Graham Number among Banks companies is 0.81, based on 1,433 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 The Minami-Nippon Bank and its competitors. For the Banks industry, the median Graham Number is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Minami-Nippon Bank's current Graham Number is 円5,728.17, which is 1789953% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Minami-Nippon Bank stock overvalued right now?
Based on GuruFocus' analysis, The Minami-Nippon Bank (FSE:8554) is currently considered Significantly Overvalued. The stock's GF Value™ is 円859.29, compared to a current price of 円1,418.00 — trading 65% above its estimated fair value. The current Graham Number is 円5,728.17, which is 1789953% above median its 10-year median of 0.32. The Minami-Nippon Bank's overall GF Score™ is 57/100 with 1 warning sign 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 The Minami-Nippon Bank (FSE:8554), the current Graham Number is 円5,728.17 as of Mar. 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 The Minami-Nippon Bank (FSE:8554) Overvalued in 2026?
Based on GuruFocus' analysis, The Minami-Nippon Bank stock appears to be overvalued.
The current stock price of 円1,418.00 is trading 65% above its estimated GF Value™ of 円859.29.
GuruFocus considers The Minami-Nippon Bank to be Significantly Overvalued.
Key valuation signals for FSE:8554:
Graham Number: 円5,728.17 (1789953% above median its 10-year median of 0.32)
GF Value™: 円859.29 vs. price of 円1,418.00 (65% above fair value)
No single metric tells the full story. See the FSE:8554 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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