MMTOF (Mitsubishi Motors) Graham Number: $3.41 (As of Mar. 2026) — 520% Above Median


MMTOF Mitsubishi Motors Corp MMTOF
72 GF Score
Price $2.02
GF Value $2.80
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Mitsubishi Motors Graham Number?

Mitsubishi Motors MMTOF 72 Graham Number is $3.41 as of Mar. 2026, which is 520% above its 10-year median of 0.55. GuruFocus rates MMTOF with a GF Score™ of 72/100 and a GF Value™ of $2.80 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 983 Vehicles & Parts companies, Mitsubishi Motors ranks better than 77.21% 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 (2026-07-06), the stock price of Mitsubishi Motors is $2.02. Mitsubishi Motors's graham number for the quarter that ended in Mar. 2026 was $3.41. Therefore, Mitsubishi Motors's Price to Graham Number ratio for today is 0.59.

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

MMTOF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.38   Med: 0.55   Max: 0.82
Current: 0.62

During the past 13 years, the highest Price to Graham Number ratio of Mitsubishi Motors was 0.82. The lowest was 0.38. And the median was 0.55.

MMTOF's Price-to-Graham-Number is ranked better than
77.21% of 983 companies
in the Vehicles & Parts industry
Industry Median: 1.19 vs MMTOF: 0.62

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


Mitsubishi Motors  (OTCPK:MMTOF) 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 Motors's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=2.02/3.41
=0.59

* 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 Motors Graham Number Related Terms


Mitsubishi Motors Graham Number Historical Data

* Premium members only.

The historical data trend for Mitsubishi Motors'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.

Mitsubishi Motors Graham Number Chart

Mitsubishi Motors Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.76 8.89 8.99 5.01 3.24

Mitsubishi Motors 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 4.89 3.17 2.51 3.04 3.41

MMTOF vs TSLA, GM, F: Graham Number Comparison

For the Auto Manufacturers subindustry, Mitsubishi Motors'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 Motors Price-to-Graham-Number vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mitsubishi Motors's Price-to-Graham-Number distribution charts can be found below:

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


MMTOF
72GF Score
Mitsubishi Motors Corp MMTOF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Motors Graham Number Calculation

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

Mitsubishi Motors's Graham Number for the fiscal year that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*4.097*0.114)
=3.24

Mitsubishi Motors'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*4.097*0.126)
=3.41

* 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 $3.41 mean?
Mitsubishi Motors (MMTOF) has a Graham Number of $3.41 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Mitsubishi Motors and its competitors. This is 520% above median its historical median of 0.55. Over the past decade, Mitsubishi Motors' Graham Number has ranged from 0.38 to 0.82. According to the industry distribution chart, Mitsubishi Motors ranks #224 out of 983 companies in the Vehicles & Parts industry, placing it in the top 22.8%.
Is Mitsubishi Motors' Graham Number too high?
Mitsubishi Motors' current Graham Number of $3.41 is 520% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.82. The Vehicles & Parts industry median Graham Number is 1.19. Mitsubishi Motors' value of $3.41 is 186.6% above this industry median. Based on the distribution chart, Mitsubishi Motors ranks #224 out of 983 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Mitsubishi Motors has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Motors' Graham Number compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mitsubishi Motors ranks #224 out of 983 companies for Graham Number. This places Mitsubishi Motors in the top 23% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.19. Mitsubishi Motors' value of $3.41 is 186.6% above this benchmark. Historically, Mitsubishi Motors' own Graham Number has ranged from 0.38 to 0.82 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.19, Mitsubishi Motors 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 Vehicles & Parts company?
The median Graham Number among Vehicles & Parts companies is 1.19, based on 983 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. Mitsubishi Motors's current Graham Number of $3.41 is 186.6% 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 Mitsubishi Motors and its competitors. For the Vehicles & Parts industry, the median Graham Number is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Motors's current Graham Number is $3.41, which is 520% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Motors stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Motors (MMTOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.80, compared to a current price of $2.02 — trading 27.9% below its estimated fair value. The current Graham Number is $3.41, which is 520% above median its 10-year median of 0.55 and 186.6% above the Vehicles & Parts industry median of 1.19. Mitsubishi Motors' overall GF Score™ is 72/100 with 2 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 Motors (MMTOF), the current Graham Number is $3.41 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 Motors (MMTOF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Motors stock appears to be undervalued. The current stock price of $2.02 is trading 27.9% below its estimated GF Value™ of $2.80. GuruFocus considers Mitsubishi Motors to be Modestly Undervalued.

Key valuation signals for MMTOF:

  • Graham Number: $3.41 (520% above median its 10-year median of 0.55)
  • GF Value™: $2.80 vs. price of $2.02 (27.9% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 186.6% above the Vehicles & Parts median (#224 of 983)

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


Mitsubishi Motors Business Description

Address 1-21 Shibaura 3-chome, Tamachi Tamachi Station Tower S, Minato-ku, Tokyo, JPN, 108-8410
Mitsubishi Motors Corp is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, minivans, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: the automobile business and the automobile financing business. The company derives the vast majority of company revenue from the automotive business.
72GF Score

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

$2.02
Price
$2.80
GF Value