Mitsubishi ElectricMEX:MITSN 60 Graham Number is MXN345.74 as of Mar. 2026, which is 100% below its 10-year median of 1.06. GuruFocus rates MEX:MITSN with a GF Score™ of 60/100 and a GF Value™ of MXN343.30 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,209 Industrial Products companies, Mitsubishi Electric ranks worse than 54.32% 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 (2026-06-24), the stock price of Mitsubishi Electric is MXN714.27. Mitsubishi Electric's graham number for the quarter that ended in Mar. 2026 was MXN345.74. Therefore, Mitsubishi Electric's Price to Graham Number ratio for today is 2.07.
The historical rank and industry rank for Mitsubishi Electric's Graham Number or its related term are showing as below:
MEX:MITSN'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.83 Med: 1.06 Max: 2.07
Current: 2.06
During the past 13 years, the highest Price to Graham Number ratio of Mitsubishi Electric was 2.07. The lowest was 0.83. And the median was 1.06.
MEX:MITSN's Price-to-Graham-Number is ranked worse than 54.32% of 2209
companies
in the Industrial Products industry
Industry Median: 1.88
vs MEX:MITSN: 2.06
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Mitsubishi Electric (MEX:MITSN) 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.
Mitsubishi Electric's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
714.27
/
345.74
=
2.07
* 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.
Mitsubishi Electric Graham Number Related Terms
Mitsubishi Electric Graham Number Historical Data
* Premium members only.
The historical data trend for Mitsubishi Electric'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.
For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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.
Mitsubishi Electric Price-to-Graham-Number vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Mitsubishi Electric'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.
Mitsubishi Electric (MEX:MITSN) has a Graham Number of MXN345.74 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Mitsubishi Electric and its competitors. This is 32517% above median its historical median of 1.06. Over the past decade, Mitsubishi Electric's Graham Number has ranged from 0.83 to 2.07. According to the industry distribution chart, Mitsubishi Electric ranks #1200 out of 2209 companies in the Industrial Products industry, placing it in the top 54.3%.
Is Mitsubishi Electric's Graham Number too high?
Mitsubishi Electric's current Graham Number of MXN345.74 is 32517% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 2.07. Based on the distribution chart, Mitsubishi Electric ranks #1200 out of 2209 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mitsubishi Electric has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Electric's Graham Number compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mitsubishi Electric ranks #1200 out of 2209 companies for Graham Number. This places Mitsubishi Electric in the lower half of its industry. The industry median Graham Number is 1.88. Historically, Mitsubishi Electric's own Graham Number has ranged from 0.83 to 2.07 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 Industrial Products company?
The median Graham Number among Industrial Products companies is 1.88, based on 2,209 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 Mitsubishi Electric and its competitors. For the Industrial Products industry, the median Graham Number is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Electric's current Graham Number is MXN345.74, which is 32517% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Electric stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Electric (MEX:MITSN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN343.30, compared to a current price of MXN714.27 — trading 108.1% above its estimated fair value. The current Graham Number is MXN345.74, which is 32517% above median its 10-year median of 1.06. Mitsubishi Electric's overall GF Score™ is 60/100 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 Mitsubishi Electric (MEX:MITSN), the current Graham Number is MXN345.74 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 Mitsubishi Electric (MEX:MITSN) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Electric stock appears to be overvalued.
The current stock price of MXN714.27 is trading 108.1% above its estimated GF Value™ of MXN343.30.
GuruFocus considers Mitsubishi Electric to be Significantly Overvalued.
Key valuation signals for MEX:MITSN:
Graham Number: MXN345.74 (32517% above median its 10-year median of 1.06)
GF Value™: MXN343.30 vs. price of MXN714.27 (108.1% above fair value)
No single metric tells the full story. See the MEX:MITSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Electric is a leading Japanese diversified industrial manufacturer, specializing in factory automation systems, power and energy systems, infrastructure solutions, automotive equipment, electronic devices, and home appliances. Founded in 1921 and headquartered in Tokyo, the company operates globally with a strong presence in Asia, Europe, and North America. Known for its technological expertise and high reliability, Mitsubishi Electric plays a vital role in sectors ranging from smart manufacturing and transportation to energy management and defense. The company emphasizes sustainability, innovation, and long-term growth through its focus on electrification, automation, and digitalization.
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