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What is Safe Enterprises Retail Fixtures Graham Number?
Safe Enterprises Retail FixturesNSE:SAFEENTP +0.31%24 Graham Number is ₹137.78 as of Mar. 2026, which is 100% below its 10-year median of 1.46. GuruFocus rates NSE:SAFEENTP with a GF Score™ of 24/100. The stock has 3 warning signs investors should review. Among 286 Furnishings, Fixtures & Appliances companies, Safe Enterprises Retail Fixtures ranks worse than 66.08% 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 Safe Enterprises Retail Fixtures's Graham Number or its related term are showing as below:
NSE:SAFEENTP'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.46 Med: 1.46 Max: 1.73
Current: 1.73
During the past 4 years, the highest Price to Graham Number ratio of Safe Enterprises Retail Fixtures was 1.73. The lowest was 1.46. And the median was 1.46.
NSE:SAFEENTP's Price-to-Graham-Number is ranked worse than 66.08% of 286
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.13
vs NSE:SAFEENTP: 1.73
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Safe Enterprises Retail Fixtures (NSE:SAFEENTP) 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.
Safe Enterprises Retail Fixtures's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
238.90
/
137.78
=
1.73
* 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.
Safe Enterprises Retail Fixtures Graham Number Related Terms
Safe Enterprises Retail Fixtures Graham Number Historical Data
* 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.
Safe Enterprises Retail Fixtures Graham Number Chart
NSE:SAFEENTP vs SN, SGI, MHK: Graham Number Comparison
For the Furnishings, Fixtures & Appliances subindustry, Safe Enterprises Retail Fixtures'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.
Safe Enterprises Retail Fixtures Price-to-Graham-Number vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Safe Enterprises Retail Fixtures's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Safe Enterprises Retail Fixtures'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.
Safe Enterprises Retail Fixtures (NSE:SAFEENTP) has a Graham Number of ₹137.78 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Safe Enterprises Retail Fixtures and its competitors. This is 9337% above median its historical median of 1.46. Over the past decade, Safe Enterprises Retail Fixtures' Graham Number has ranged from 1.46 to 1.73. According to the industry distribution chart, Safe Enterprises Retail Fixtures ranks #189 out of 286 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 66.1%.
Is Safe Enterprises Retail Fixtures' Graham Number too high?
Safe Enterprises Retail Fixtures' current Graham Number of ₹137.78 is 9337% above median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 1.73. Based on the distribution chart, Safe Enterprises Retail Fixtures ranks #189 out of 286 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Safe Enterprises Retail Fixtures has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Safe Enterprises Retail Fixtures' Graham Number compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Safe Enterprises Retail Fixtures ranks #189 out of 286 companies for Graham Number. This places Safe Enterprises Retail Fixtures in the lower half of its industry. The industry median Graham Number is 1.13. Historically, Safe Enterprises Retail Fixtures' own Graham Number has ranged from 1.46 to 1.73 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 Furnishings, Fixtures & Appliances company?
The median Graham Number among Furnishings, Fixtures & Appliances companies is 1.13, based on 286 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 Safe Enterprises Retail Fixtures and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Graham Number is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe Enterprises Retail Fixtures's current Graham Number is ₹137.78, which is 9337% above median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe Enterprises Retail Fixtures stock overvalued right now?
Safe Enterprises Retail Fixtures (NSE:SAFEENTP) has a current Graham Number of ₹137.78. The current Graham Number is ₹137.78, which is 9337% above median its 10-year median of 1.46. Safe Enterprises Retail Fixtures' overall GF Score™ is 24/100 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 Safe Enterprises Retail Fixtures (NSE:SAFEENTP), the current Graham Number is ₹137.78 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.
Safe Enterprises Retail Fixtures Ltd is engaged in designing, manufacturing, supplying, and installing shop fittings and retail fixtures, offering a wide range of customized in-store solutions across retail segments such as fashion & apparels, electronics, and departmental stores. The company provides merchandising solutions addressing challenges retailers and brand marketers face in display, placement, storage, and safety of products, providing shop fitting solutions from conceptual design and prototyping to manufacturing and installation, tailored to meet customer needs. It also offers shop fittings, including modular, electrified fittings that integrate with digital technologies such as LED lighting, digital screens, and display stands.
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