KTYCF (Kits Eyecare) Graham Number: $1.32 (As of Mar. 2026) — 88% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KTYCF Kits Eyecare Ltd KTYCF
74 GF Score
Price $9.52
GF Value $9.64
Valuation Fairly Valued
! 1 Warning Sign
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What is Kits Eyecare Graham Number?

Kits Eyecare KTYCF -2.36% 74 Graham Number is $1.32 as of Mar. 2026, which is 88% below its 10-year median of 10.76. GuruFocus rates KTYCF with a GF Score™ of 74/100 and a GF Value™ of $9.64 (Fairly Valued). The stock has 1 warning sign investors should review. Among 755 Retail - Cyclical companies, Kits Eyecare ranks worse than 96.69% 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 (2026-07-20), the stock price of Kits Eyecare is $9.52. Kits Eyecare's graham number for the quarter that ended in Mar. 2026 was $1.32. Therefore, Kits Eyecare's Price to Graham Number ratio for today is 7.22.

The historical rank and industry rank for Kits Eyecare's Graham Number or its related term are showing as below:

KTYCF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 7.36   Med: 10.76   Max: 13.6
Current: 7.38

During the past 8 years, the highest Price to Graham Number ratio of Kits Eyecare was 13.60. The lowest was 7.36. And the median was 10.76.

KTYCF's Price-to-Graham-Number is ranked worse than
96.69% of 755 companies
in the Retail - Cyclical industry
Industry Median: 1.21 vs KTYCF: 7.38

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


Kits Eyecare  (OTCPK:KTYCF) 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.

Kits Eyecare's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=9.52/1.32
=7.22

* 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.


Kits Eyecare Graham Number Related Terms


Kits Eyecare Graham Number Historical Data

* Premium members only.

The historical data trend for Kits Eyecare'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.

Kits Eyecare Graham Number Chart

Kits Eyecare Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial 0.00 0.00 0.00 0.46 1.07

Kits Eyecare Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.83 0.95 1.12 1.19 1.32

KTYCF vs CASY, WSM, DKS: Graham Number Comparison

For the Specialty Retail subindustry, Kits Eyecare'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.


Kits Eyecare Price-to-Graham-Number vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kits Eyecare's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Kits Eyecare's Price-to-Graham-Number falls into.


KTYCF
74GF Score
Kits Eyecare Ltd KTYCF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kits Eyecare Graham Number Calculation

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

Kits Eyecare's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.493*0.104)
=1.07

Kits Eyecare's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.619*0.125)
=1.32

* 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 $1.32 mean?
Kits Eyecare (KTYCF) has a Graham Number of $1.32 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Kits Eyecare and its competitors. This is 88% below median its historical median of 10.76. Over the past decade, Kits Eyecare's Graham Number has ranged from 7.36 to 13.60. According to the industry distribution chart, Kits Eyecare ranks #730 out of 755 companies in the Retail - Cyclical industry, placing it in the top 96.7%.
Is Kits Eyecare's Graham Number too high?
Kits Eyecare's current Graham Number of $1.32 is 88% below median its 10-year median of 10.76. Over the past 10 years, this metric has ranged from a low of 7.36 to a high of 13.60. The Retail - Cyclical industry median Graham Number is 1.21. Kits Eyecare's value of $1.32 is 9.1% above this industry median. Based on the distribution chart, Kits Eyecare ranks #730 out of 755 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Kits Eyecare has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kits Eyecare's Graham Number compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Kits Eyecare ranks #730 out of 755 companies for Graham Number. This places Kits Eyecare in the lower half of its industry. The industry median Graham Number is 1.21. Kits Eyecare's value of $1.32 is 9.1% above this benchmark. Historically, Kits Eyecare's own Graham Number has ranged from 7.36 to 13.60 over the past decade. While the company's 10-year median is 10.76 vs. the industry median of 1.21, Kits Eyecare 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 - Cyclical company?
The median Graham Number among Retail - Cyclical companies is 1.21, based on 755 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. Kits Eyecare's current Graham Number of $1.32 is 9.1% 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 Kits Eyecare and its competitors. For the Retail - Cyclical industry, the median Graham Number is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kits Eyecare's current Graham Number is $1.32, which is 88% below median its own 10-year median of 10.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kits Eyecare stock overvalued right now?
Based on GuruFocus' analysis, Kits Eyecare (KTYCF) is currently considered Fairly Valued. The stock's GF Value™ is $9.64, compared to a current price of $9.52 — trading 1.2% below its estimated fair value. The current Graham Number is $1.32, which is 88% below median its 10-year median of 10.76 and 9.1% above the Retail - Cyclical industry median of 1.21. Kits Eyecare's overall GF Score™ is 74/100 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 Kits Eyecare (KTYCF), the current Graham Number is $1.32 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 Kits Eyecare (KTYCF) Overvalued in 2026?

Based on GuruFocus' analysis, Kits Eyecare stock appears to be undervalued. The current stock price of $9.52 is trading 1.2% below its estimated GF Value™ of $9.64. GuruFocus considers Kits Eyecare to be Fairly Valued.

Key valuation signals for KTYCF:

  • Graham Number: $1.32 (88% below median its 10-year median of 10.76)
  • GF Value™: $9.64 vs. price of $9.52 (1.2% below fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 9.1% above the Retail - Cyclical median (#730 of 755)

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


Kits Eyecare Business Description

Other Exchanges 0P3:GermanyKITS:Canada
Address 510 Seymour Street, Suite 1020, Vancouver, BC, CAN, V6B 3J5
Kits Eyecare Ltd is a vertically integrated, digitally native eyecare platform that offers its customers access to a vast selection of the highest quality contact lenses and eyeglasses, including its exclusive KITS-designed products, and a suite of online vision tools. It operates a network of optical e-commerce websites, including KITS.com, KITS.ca, OptiContacts.com, and ContactsExpress.ca. The company's contact lens partners include Alcon, Bausch & Lomb, CooperVision, and Johnson & Johnson, and its glasses partners include Gucci, Oakley, Prive Revaux, Ray-Ban and Tom Ford. Its geographic locations are the United States; and Canada and Other which generates the majority of its revenue from the United States.
74GF Score

Get the complete analysis for KTYCF

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

$9.52
Price
$9.64
GF Value