Aspire and Innovative Advertising (NSE:ASPIRE) Graham Number: ₹41.09 (As of Mar. 2026) — 8643% Above Median

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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
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.

NSE:ASPIRE Aspire and Innovative Advertising Ltd NSE:ASPIRE
32 GF Score
Price ₹12.90
! 8 Warning Signs
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What is Aspire and Innovative Advertising Graham Number?

Aspire and Innovative Advertising NSE:ASPIRE -4.44% 32 Graham Number is ₹41.09 as of Mar. 2026, which is 100% below its 10-year median of 0.47. GuruFocus rates NSE:ASPIRE with a GF Score™ of 32/100. The stock has 8 warning signs investors should review. Among 742 Transportation companies, Aspire and Innovative Advertising ranks better than 96.36% 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 (2026-07-17), the stock price of Aspire and Innovative Advertising is ₹12.90. Aspire and Innovative Advertising's graham number for the quarter that ended in Mar. 2026 was ₹41.09. Therefore, Aspire and Innovative Advertising's Price to Graham Number ratio for today is 0.45.

The historical rank and industry rank for Aspire and Innovative Advertising's Graham Number or its related term are showing as below:

NSE:ASPIRE' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.28   Med: 0.47   Max: 0.65
Current: 0.31

During the past 6 years, the highest Price to Graham Number ratio of Aspire and Innovative Advertising was 0.65. The lowest was 0.28. And the median was 0.47.

NSE:ASPIRE's Price-to-Graham-Number is ranked better than
96.36% of 742 companies
in the Transportation industry
Industry Median: 1.02 vs NSE:ASPIRE: 0.31

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


Aspire and Innovative Advertising  (NSE:ASPIRE) 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.

Aspire and Innovative Advertising's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=12.90/28.79
=0.45

* 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.


Aspire and Innovative Advertising Graham Number Related Terms


Aspire and Innovative Advertising Graham Number Historical Data

* Premium members only.

The historical data trend for Aspire and Innovative Advertising'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.

Aspire and Innovative Advertising Graham Number Chart

Aspire and Innovative Advertising Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial 24.06 33.25 78.92 42.98 35.80

Aspire and Innovative Advertising Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Mar25 Mar26
Graham Number Get a 7-Day Free Trial 0.00 31.89 74.26 65.77 41.09

NSE:ASPIRE vs UPS, FDX, JBHT: Graham Number Comparison

For the Integrated Freight & Logistics subindustry, Aspire and Innovative Advertising'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.


Aspire and Innovative Advertising Price-to-Graham-Number vs Transportation Industry

For the Transportation industry and Industrials sector, Aspire and Innovative Advertising's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Aspire and Innovative Advertising's Price-to-Graham-Number falls into.


NSE:ASPIRE
32GF Score
Aspire and Innovative Advertising Ltd NSE:ASPIRE
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aspire and Innovative Advertising Graham Number Calculation

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

Aspire and Innovative Advertising'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*34.103*1.67)
=35.80

Aspire and Innovative Advertising'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*34.103*1.08)
=28.79

* 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 ₹41.09 mean?
Aspire and Innovative Advertising (NSE:ASPIRE) has a Graham Number of ₹41.09 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Aspire and Innovative Advertising and its competitors. This is 8643% above median its historical median of 0.47. Over the past decade, Aspire and Innovative Advertising's Graham Number has ranged from 0.28 to 0.65. According to the industry distribution chart, Aspire and Innovative Advertising ranks #27 out of 742 companies in the Transportation industry, placing it in the top 3.6%.
Is Aspire and Innovative Advertising's Graham Number too high?
Aspire and Innovative Advertising's current Graham Number of ₹41.09 is 8643% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.65. Based on the distribution chart, Aspire and Innovative Advertising ranks #27 out of 742 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Aspire and Innovative Advertising has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Aspire and Innovative Advertising's Graham Number compare to UPS and FDX?
According to the Transportation industry distribution chart, Aspire and Innovative Advertising ranks #27 out of 742 companies for Graham Number. This places Aspire and Innovative Advertising in the top 4% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.02. Historically, Aspire and Innovative Advertising's own Graham Number has ranged from 0.28 to 0.65 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 a Transportation company?
The median Graham Number among Transportation companies is 1.02, based on 742 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 Aspire and Innovative Advertising and its competitors. For the Transportation industry, the median Graham Number is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspire and Innovative Advertising's current Graham Number is ₹41.09, which is 8643% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspire and Innovative Advertising stock overvalued right now?
Aspire and Innovative Advertising (NSE:ASPIRE) has a current Graham Number of ₹41.09. The current Graham Number is ₹41.09, which is 8643% above median its 10-year median of 0.47. Aspire and Innovative Advertising's overall GF Score™ is 32/100 with 8 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 Aspire and Innovative Advertising (NSE:ASPIRE), the current Graham Number is ₹41.09 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.

Aspire and Innovative Advertising Business Description

Address Plot No. 52, Sector-44, Soulstice Building, Second Floor, Gurugram, HR, IND, 122003
Aspire and Innovative Advertising Ltd is engaged in the trading of a wide range of consumer durables, including kitchen appliances, home appliances, white goods, mobile phones, accessories, and solar products. The company sources products from multiple renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells, and many more, and offers them prominently to rural and semi-urban areas across India. Revenue is generated mainly through sales of these consumer durables, supported by a network of intermediaries and distribution centers that facilitate product availability in targeted regions.
32GF Score

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