Lihit Lab (NGO:7975) Graham Number: 円526.68 (As of Feb. 2026) — 131570% Above 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.
Reviewed by: Charlie Tian Charlie Tian
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.

NGO:7975 Lihit Lab Inc NGO:7975
64 GF Score
Price 円902.00
GF Value 円926.65
! 3 Warning Signs
View Full Analysis

What is Lihit Lab Graham Number?

Lihit Lab NGO:7975 64 Graham Number is 円526.68 as of Feb. 2026, which is 100% below its 10-year median of 0.40. GuruFocus rates NGO:7975 with a GF Score™ of 64/100 and a GF Value™ of 円926.65. The stock has 3 warning signs investors should review. Among 2,214 Industrial Products companies, Lihit Lab ranks better than 85.68% 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 (2026-08-15), the stock price of Lihit Lab is 円902.00. Lihit Lab's graham number for the quarter that ended in Feb. 2026 was 円526.68. Therefore, Lihit Lab's Price to Graham Number ratio for today is 0.62.

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

NGO:7975' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.34   Med: 0.4   Max: 1.19
Current: 0.74

During the past 13 years, the highest Price to Graham Number ratio of Lihit Lab was 1.19. The lowest was 0.34. And the median was 0.40.

NGO:7975's Price-to-Graham-Number is ranked better than
85.68% of 2214 companies
in the Industrial Products industry
Industry Median: 1.81 vs NGO:7975: 0.74

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


Lihit Lab  (NGO:7975) 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.

Lihit Lab's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Feb. 2026 )
=902.00/1,443.96
=0.62

* 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.


Lihit Lab Graham Number Related Terms


Lihit Lab Graham Number Historical Data

* Premium members only.

The historical data trend for Lihit Lab'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.

Lihit Lab Graham Number Chart

Lihit Lab Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,242.91 0.00 0.00 1,818.31 1,046.72

Lihit Lab Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Feb26 May26
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 0.00 1,012.36 0.00 526.68 1,504.86

Lihit Lab Graham Number Competitor Comparison

For the Business Equipment & Supplies subindustry, Lihit Lab'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.


Lihit Lab Price-to-Graham-Number vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lihit Lab's Price-to-Graham-Number distribution charts can be found below:

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


NGO:7975
64GF Score
Lihit Lab Inc NGO:7975
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lihit Lab Graham Number Calculation

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

Lihit Lab's Graham Number for the fiscal year that ended in Feb. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*3223.101*15.108)
=1,046.72

Lihit Lab's Graham Number for the quarter that ended in Feb. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*3223.101*28.751)
=1,443.96

* 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 円526.68 mean?
Lihit Lab (NGO:7975) has a Graham Number of 円526.68 as of Feb. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Lihit Lab and its competitors. This is 131570% above median its historical median of 0.40. Over the past decade, Lihit Lab's Graham Number has ranged from 0.34 to 1.19. According to the industry distribution chart, Lihit Lab ranks #317 out of 2214 companies in the Industrial Products industry, placing it in the top 14.3%.
Is Lihit Lab's Graham Number too high?
Lihit Lab's current Graham Number of 円526.68 is 131570% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.19. Based on the distribution chart, Lihit Lab ranks #317 out of 2214 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Lihit Lab has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Lihit Lab's Graham Number compare to competitors?
According to the Industrial Products industry distribution chart, Lihit Lab ranks #317 out of 2214 companies for Graham Number. This places Lihit Lab in the top 14% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.81. Historically, Lihit Lab's own Graham Number has ranged from 0.34 to 1.19 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 1.81, based on 2,214 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 Lihit Lab and its competitors. For the Industrial Products industry, the median Graham Number is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lihit Lab's current Graham Number is 円526.68, which is 131570% 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 Lihit Lab stock overvalued right now?
Lihit Lab (NGO:7975) has a current Graham Number of 円526.68. The stock's GF Value™ is 円926.65, compared to a current price of 円902.00 — trading 2.7% below its estimated fair value. The current Graham Number is 円526.68, which is 131570% above median its 10-year median of 0.40. Lihit Lab's overall GF Score™ is 64/100 with 3 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 Lihit Lab (NGO:7975), the current Graham Number is 円526.68 as of Feb. 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 Lihit Lab (NGO:7975) Overvalued in 2026?

Based on GuruFocus' analysis, Lihit Lab stock appears to be undervalued. The current stock price of 円902.00 is trading 2.7% below its estimated GF Value™ of 円926.65.

Key valuation signals for NGO:7975:

  • Graham Number: 円526.68 (131570% above median its 10-year median of 0.40)
  • GF Value™: 円926.65 vs. price of 円902.00 (2.7% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the NGO:7975 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lihit Lab Business Description

Other Exchanges 7975:Japan
Address 1-1-22 Farmer Bridge Chuo-ku, Osaka, JPN, 540-8526
Lihit Lab Inc is engaged in manufacturing and selling office supplies in Japan and internationally. Its products include files, clear books, clear cases, bag cases, and note binders; card holders, pencil cases, photo postcard albums, clip files, clipboards, and schedule files; drawing organize supplies and steel office equipment; OA and medical surprise products; and office devices.
64GF Score

Get the complete analysis for NGO:7975

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

円902.00
Price
円926.65
GF Value