KOBNF (Kobe Bussan Co) Graham Number: $10.20 (As of Apr. 2026) — 228% Above Median

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KOBNF Kobe Bussan Co Ltd KOBNF
88 GF Score
Price $24.10
GF Value $40.24
! 1 Warning Sign
View Full Analysis

What is Kobe Bussan Co Graham Number?

Kobe Bussan Co KOBNF 88 Graham Number is $10.20 as of Apr. 2026, which is 228% above its 10-year median of 3.11. GuruFocus rates KOBNF with a GF Score™ of 88/100 and a GF Value™ of $40.24. The stock has 1 warning sign investors should review. Among 238 Retail - Defensive companies, Kobe Bussan Co ranks worse than 63.45% 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 (2026-07-17), the stock price of Kobe Bussan Co is $24.10. Kobe Bussan Co's graham number for the quarter that ended in Apr. 2026 was $10.20. Therefore, Kobe Bussan Co's Price to Graham Number ratio for today is 2.36.

The historical rank and industry rank for Kobe Bussan Co's Graham Number or its related term are showing as below:

KOBNF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.34   Med: 3.11   Max: 5.04
Current: 1.67

During the past 13 years, the highest Price to Graham Number ratio of Kobe Bussan Co was 5.04. The lowest was 1.34. And the median was 3.11.

KOBNF's Price-to-Graham-Number is ranked worse than
63.45% of 238 companies
in the Retail - Defensive industry
Industry Median: 1.275 vs KOBNF: 1.67

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


Kobe Bussan Co  (OTCPK:KOBNF) 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.

Kobe Bussan Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Apr. 2026 )
=24.10/10.20
=2.36

* 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.


Kobe Bussan Co Graham Number Related Terms


Kobe Bussan Co Graham Number Historical Data

* Premium members only.

The historical data trend for Kobe Bussan Co'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.

Kobe Bussan Co Graham Number Chart

Kobe Bussan Co 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 7.45 6.61 7.38 7.96 9.64

Kobe Bussan Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 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 8.50 9.32 9.70 12.81 10.20

KOBNF vs KR: Graham Number Comparison

For the Grocery Stores subindustry, Kobe Bussan Co'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.


Kobe Bussan Co Price-to-Graham-Number vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kobe Bussan Co's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Kobe Bussan Co's Price-to-Graham-Number falls into.


KOBNF
88GF Score
Kobe Bussan Co Ltd KOBNF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kobe Bussan Co Graham Number Calculation

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

Kobe Bussan Co'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*4.758*0.868)
=9.64

Kobe Bussan Co'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*4.836*0.956)
=10.20

* 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 $10.20 mean?
Kobe Bussan Co (KOBNF) has a Graham Number of $10.20 as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Kobe Bussan Co and its competitors. This is 228% above median its historical median of 3.11. Over the past decade, Kobe Bussan Co's Graham Number has ranged from 1.34 to 5.04. According to the industry distribution chart, Kobe Bussan Co ranks #151 out of 238 companies in the Retail - Defensive industry, placing it in the top 63.4%.
Is Kobe Bussan Co's Graham Number too high?
Kobe Bussan Co's current Graham Number of $10.20 is 228% above median its 10-year median of 3.11. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 5.04. The Retail - Defensive industry median Graham Number is 1.28. Kobe Bussan Co's value of $10.20 is 700% above this industry median. Based on the distribution chart, Kobe Bussan Co ranks #151 out of 238 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Kobe Bussan Co has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Kobe Bussan Co's Graham Number compare to KR?
According to the Retail - Defensive industry distribution chart, Kobe Bussan Co ranks #151 out of 238 companies for Graham Number. This places Kobe Bussan Co in the lower half of its industry. The industry median Graham Number is 1.28. Kobe Bussan Co's value of $10.20 is 700% above this benchmark. Historically, Kobe Bussan Co's own Graham Number has ranged from 1.34 to 5.04 over the past decade. While the company's 10-year median is 3.11 vs. the industry median of 1.28, Kobe Bussan Co 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 Retail - Defensive company?
The median Graham Number among Retail - Defensive companies is 1.28, based on 238 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. Kobe Bussan Co's current Graham Number of $10.20 is 700% 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 Kobe Bussan Co and its competitors. For the Retail - Defensive industry, the median Graham Number is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kobe Bussan Co's current Graham Number is $10.20, which is 228% above median its own 10-year median of 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobe Bussan Co stock overvalued right now?
Kobe Bussan Co (KOBNF) has a current Graham Number of $10.20. The stock's GF Value™ is $40.24, compared to a current price of $24.10 — trading 40.1% below its estimated fair value. The current Graham Number is $10.20, which is 228% above median its 10-year median of 3.11 and 700% above the Retail - Defensive industry median of 1.28. Kobe Bussan Co's overall GF Score™ is 88/100 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 Kobe Bussan Co (KOBNF), the current Graham Number is $10.20 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 Kobe Bussan Co (KOBNF) Overvalued in 2026?

Based on GuruFocus' analysis, Kobe Bussan Co stock appears to be undervalued. The current stock price of $24.10 is trading 40.1% below its estimated GF Value™ of $40.24.

Key valuation signals for KOBNF:

  • Graham Number: $10.20 (228% above median its 10-year median of 3.11)
  • GF Value™: $40.24 vs. price of $24.10 (40.1% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 700% above the Retail - Defensive median (#151 of 238)

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


Kobe Bussan Co Business Description

Other Exchanges 3038:Japan
Address 125-1 Hirano, Hyogo Prefecture, Kakogawa, JPN, 675-0063
Kobe Bussan Co Ltd is a Japan-based company that operates through four business divisions: Business Supermarket, Restaurant and Ready-Meal, Eco-Renewable Energy, and Others. The Business Supermarket segment runs Gyomu Super stores offering affordable domestic and imported food products. The Restaurant and Ready-Meal segment operates buffet and delicatessen chains such as Kobe Cook World Buffet, Premium Karubi, and Chisouna. The Eco-Renewable Energy segment generates electricity from nineteen solar and one woody biomass power plant. The Others segment includes tourism and related businesses. It generates the majority of its revenue from the Business Supermarket segment.
88GF Score

Get the complete analysis for KOBNF

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

$24.10
Price
$40.24
GF Value