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Kawasaki Kisen KaishaKAIKY 68 Graham Number is $21.51 as of Mar. 2026, which is 5278% above its 10-year median of 0.40. GuruFocus rates KAIKY with a GF Score™ of 68/100 and a GF Value™ of $12.90 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 742 Transportation companies, Kawasaki Kisen Kaisha ranks better than 60.38% 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.
Kawasaki Kisen Kaisha (OTCPK:KAIKY) 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.
Kawasaki Kisen Kaisha's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
17.31
/
21.23
=
0.82
* 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.
Kawasaki Kisen Kaisha Graham Number Related Terms
Kawasaki Kisen Kaisha Graham Number Historical Data
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The historical data trend for Kawasaki Kisen Kaisha'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.
Kawasaki Kisen Kaisha Graham Number Competitor Comparison
For the Marine Shipping subindustry, Kawasaki Kisen Kaisha'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.
Kawasaki Kisen Kaisha Price-to-Graham-Number vs Transportation Industry
For the Transportation industry and Industrials sector, Kawasaki Kisen Kaisha's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Kawasaki Kisen Kaisha'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.
Kawasaki Kisen Kaisha (KAIKY) has a Graham Number of $21.51 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Kawasaki Kisen Kaisha and its competitors. This is 5278% above median its historical median of 0.40. Over the past decade, Kawasaki Kisen Kaisha's Graham Number has ranged from 0.16 to 1.04. According to the industry distribution chart, Kawasaki Kisen Kaisha ranks #294 out of 742 companies in the Transportation industry, placing it in the top 39.6%.
Is Kawasaki Kisen Kaisha's Graham Number too high?
Kawasaki Kisen Kaisha's current Graham Number of $21.51 is 5278% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.04. The Transportation industry median Graham Number is 1.03. Kawasaki Kisen Kaisha's value of $21.51 is 1998.5% above this industry median. Based on the distribution chart, Kawasaki Kisen Kaisha ranks #294 out of 742 companies in the Transportation industry, which is above the industry midpoint. Overall, Kawasaki Kisen Kaisha has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawasaki Kisen Kaisha's Graham Number compare to competitors?
According to the Transportation industry distribution chart, Kawasaki Kisen Kaisha ranks #294 out of 742 companies for Graham Number. This puts Kawasaki Kisen Kaisha in the upper half of its industry. The industry median Graham Number is 1.03. Kawasaki Kisen Kaisha's value of $21.51 is 1998.5% above this benchmark. Historically, Kawasaki Kisen Kaisha's own Graham Number has ranged from 0.16 to 1.04 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 1.03, Kawasaki Kisen Kaisha has consistently been above 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 Transportation company?
The median Graham Number among Transportation companies is 1.03, based on 742 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. Kawasaki Kisen Kaisha's current Graham Number of $21.51 is 1998.5% above 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 Kawasaki Kisen Kaisha and its competitors. For the Transportation industry, the median Graham Number is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawasaki Kisen Kaisha's current Graham Number is $21.51, which is 5278% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawasaki Kisen Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Kawasaki Kisen Kaisha (KAIKY) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.90, compared to a current price of $17.31 — trading 34.2% above its estimated fair value. The current Graham Number is $21.51, which is 5278% above median its 10-year median of 0.40 and 1998.5% above the Transportation industry median of 1.03. Kawasaki Kisen Kaisha's overall GF Score™ is 68/100 with 8 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 Kawasaki Kisen Kaisha (KAIKY), the current Graham Number is $21.51 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 Kawasaki Kisen Kaisha (KAIKY) Overvalued in 2026?
Based on GuruFocus' analysis, Kawasaki Kisen Kaisha stock appears to be overvalued.
The current stock price of $17.31 is trading 34.2% above its estimated GF Value™ of $12.90.
GuruFocus considers Kawasaki Kisen Kaisha to be Significantly Overvalued.
Key valuation signals for KAIKY:
Graham Number: $21.51 (5278% above median its 10-year median of 0.40)
GF Value™: $12.90 vs. price of $17.31 (34.2% above fair value)
Industry Position: 1998.5% above the Transportation median (#294 of 742)
No single metric tells the full story. See the KAIKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kawasaki Kisen Kaisha Ltd is a Japan-based company engaged in the logistics business. The company operates its business through three segments. The Dry Bulk segment covers bulk cargo shipping. The Energy Resources segment includes liquefied natural gas transportation, oil tankers, offshore operations, and electric power businesses. The Product Logistics segment handles car carrier services, logistics, coastal and domestic shipping, and containership operations. The Others segment consists of ship management, travel agency, and real estate leasing and management businesses not included in the main reporting segments. It generates the majority of its revenue from the Product logistics segment.
68GF Score
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