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Nippon Sheet Glass CoNPSGF 53 Graham Number is $1.67 as of Mar. 2026, which is 3% below its 10-year median of 1.73. GuruFocus rates NPSGF with a GF Score™ of 53/100 and a GF Value™ of $2.06. The stock has 11 warning signs investors should review. Among 984 Vehicles & Parts companies, Nippon Sheet Glass Co ranks worse than 68.39% 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.
The historical rank and industry rank for Nippon Sheet Glass Co's Graham Number or its related term are showing as below:
NPSGF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.73 Med: 1.73 Max: 1.75
Current: 1.75
During the past 13 years, the highest Price to Graham Number ratio of Nippon Sheet Glass Co was 1.75. The lowest was 1.73. And the median was 1.73.
NPSGF's Price-to-Graham-Number is ranked worse than 68.39% of 984
companies
in the Vehicles & Parts industry
Industry Median: 1.16
vs NPSGF: 1.75
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Nippon Sheet Glass Co (OTCPK:NPSGF) 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.
Nippon Sheet Glass Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
3.00
/
1.67
=
1.80
* 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.
Nippon Sheet Glass Co Graham Number Related Terms
Nippon Sheet Glass Co Graham Number Historical Data
* Premium members only.
The historical data trend for Nippon Sheet Glass 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.
For the Auto Parts subindustry, Nippon Sheet Glass 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.
Nippon Sheet Glass Co Price-to-Graham-Number vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nippon Sheet Glass Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Nippon Sheet Glass Co'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.
Nippon Sheet Glass Co (NPSGF) has a Graham Number of $1.67 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Nippon Sheet Glass Co and its competitors. This is near median its historical median of 1.73. Over the past decade, Nippon Sheet Glass Co's Graham Number has ranged from 1.73 to 1.75. According to the industry distribution chart, Nippon Sheet Glass Co ranks #673 out of 984 companies in the Vehicles & Parts industry, placing it in the top 68.4%.
Is Nippon Sheet Glass Co's Graham Number too high?
Nippon Sheet Glass Co's current Graham Number of $1.67 is near median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 1.75. The Vehicles & Parts industry median Graham Number is 1.16. Nippon Sheet Glass Co's value of $1.67 is 44% above this industry median. Based on the distribution chart, Nippon Sheet Glass Co ranks #673 out of 984 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Nippon Sheet Glass Co has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Sheet Glass Co's Graham Number compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nippon Sheet Glass Co ranks #673 out of 984 companies for Graham Number. This places Nippon Sheet Glass Co in the lower half of its industry. The industry median Graham Number is 1.16. Nippon Sheet Glass Co's value of $1.67 is 44% above this benchmark. Historically, Nippon Sheet Glass Co's own Graham Number has ranged from 1.73 to 1.75 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 1.16, Nippon Sheet Glass 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 Vehicles & Parts company?
The median Graham Number among Vehicles & Parts companies is 1.16, based on 984 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. Nippon Sheet Glass Co's current Graham Number of $1.67 is 44% 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 Nippon Sheet Glass Co and its competitors. For the Vehicles & Parts industry, the median Graham Number is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Sheet Glass Co's current Graham Number is $1.67, which is near median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Sheet Glass Co stock overvalued right now?
Nippon Sheet Glass Co (NPSGF) has a current Graham Number of $1.67. The stock's GF Value™ is $2.06, compared to a current price of $3.00 — trading 45.6% above its estimated fair value. The current Graham Number is $1.67, which is near median its 10-year median of 1.73 and 44% above the Vehicles & Parts industry median of 1.16. Nippon Sheet Glass Co's overall GF Score™ is 53/100 with 11 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 Nippon Sheet Glass Co (NPSGF), the current Graham Number is $1.67 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 Nippon Sheet Glass Co (NPSGF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Sheet Glass Co stock appears to be overvalued.
The current stock price of $3.00 is trading 45.6% above its estimated GF Value™ of $2.06.
Key valuation signals for NPSGF:
Graham Number: $1.67 (near median its 10-year median of 1.73)
GF Value™: $2.06 vs. price of $3.00 (45.6% above fair value)
Industry Position: 44% above the Vehicles & Parts median (#673 of 984)
No single metric tells the full story. See the NPSGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Sheet Glass Co Ltd manufactures glass and glazing products for many industries. The architectural segment, which accounts for roughly 40% of the company's total revenue, sells flat glass and glazing products to commercial and residential markets and the solar energy sector. The automotive segment, which accounts for roughly half of the company's total revenue, supplies a wide range of automotive glazing to vehicle manufacturers for new vehicles and replacement markets. The technical glass segment sells thin glass and glass fiber products for small displays, lenses, printers, and engine timing belts. Nippon sells its products worldwide, with more than a third of its sales in Europe, roughly a third in Japan and the rest of Asia, and the remaining sales in the Americas.
53GF Score
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