Sunlite Recycling Industries (NSE:SUNLITE) Graham Number: ₹282.44 (As of Mar. 2026) — 29018% Above Median

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NSE:SUNLITE Sunlite Recycling Industries Ltd NSE:SUNLITE
44 GF Score
Price ₹490.90
! 1 Warning Sign
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What is Sunlite Recycling Industries Graham Number?

Sunlite Recycling Industries NSE:SUNLITE -0.63% 44 Graham Number is ₹282.44 as of Mar. 2026, which is 100% below its 10-year median of 0.97. GuruFocus rates NSE:SUNLITE with a GF Score™ of 44/100. The stock has 1 warning sign investors should review. Among 2,209 Industrial Products companies, Sunlite Recycling Industries ranks better than 51.34% 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 (2026-08-06), the stock price of Sunlite Recycling Industries is ₹490.90. Sunlite Recycling Industries's graham number for the quarter that ended in Mar. 2026 was ₹282.44. Therefore, Sunlite Recycling Industries's Price to Graham Number ratio for today is 1.74.

The historical rank and industry rank for Sunlite Recycling Industries's Graham Number or its related term are showing as below:

NSE:SUNLITE' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.68   Med: 0.97   Max: 1.75
Current: 1.74

During the past 6 years, the highest Price to Graham Number ratio of Sunlite Recycling Industries was 1.75. The lowest was 0.68. And the median was 0.97.

NSE:SUNLITE's Price-to-Graham-Number is ranked better than
51.34% of 2209 companies
in the Industrial Products industry
Industry Median: 1.78 vs NSE:SUNLITE: 1.74

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


Sunlite Recycling Industries  (NSE:SUNLITE) 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.

Sunlite Recycling Industries's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=490.90/282.44
=1.74

* 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.


Sunlite Recycling Industries Graham Number Related Terms


Sunlite Recycling Industries Graham Number Historical Data

* Premium members only.

The historical data trend for Sunlite Recycling Industries'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.

Sunlite Recycling Industries Graham Number Chart

Sunlite Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial 30.63 19.64 56.62 134.67 290.63

Sunlite Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Graham Number Get a 7-Day Free Trial Premium Member Only 56.62 117.63 135.50 174.52 282.44

NSE:SUNLITE vs VRT, BE: Graham Number Comparison

For the Electrical Equipment & Parts subindustry, Sunlite Recycling Industries'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.


Sunlite Recycling Industries Price-to-Graham-Number vs Industrial Products Industry

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

* The bar in red indicates where Sunlite Recycling Industries's Price-to-Graham-Number falls into.


NSE:SUNLITE
44GF Score
Sunlite Recycling Industries Ltd NSE:SUNLITE
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunlite Recycling Industries Graham Number Calculation

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

Sunlite Recycling Industries'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*104.426*35.95)
=290.63

Sunlite Recycling Industries'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*99.814*35.52)
=282.44

* 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 ₹282.44 mean?
Sunlite Recycling Industries (NSE:SUNLITE) has a Graham Number of ₹282.44 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Sunlite Recycling Industries and its competitors. This is 29018% above median its historical median of 0.97. Over the past decade, Sunlite Recycling Industries' Graham Number has ranged from 0.68 to 1.75. According to the industry distribution chart, Sunlite Recycling Industries ranks #1075 out of 2209 companies in the Industrial Products industry, placing it in the top 48.7%.
Is Sunlite Recycling Industries' Graham Number too high?
Sunlite Recycling Industries' current Graham Number of ₹282.44 is 29018% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.75. Based on the distribution chart, Sunlite Recycling Industries ranks #1075 out of 2209 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Sunlite Recycling Industries has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Sunlite Recycling Industries' Graham Number compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sunlite Recycling Industries ranks #1075 out of 2209 companies for Graham Number. This puts Sunlite Recycling Industries in the upper half of its industry. The industry median Graham Number is 1.78. Historically, Sunlite Recycling Industries' own Graham Number has ranged from 0.68 to 1.75 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 1.78, based on 2,209 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 Sunlite Recycling Industries and its competitors. For the Industrial Products industry, the median Graham Number is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunlite Recycling Industries's current Graham Number is ₹282.44, which is 29018% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlite Recycling Industries stock overvalued right now?
Sunlite Recycling Industries (NSE:SUNLITE) has a current Graham Number of ₹282.44. The current Graham Number is ₹282.44, which is 29018% above median its 10-year median of 0.97. Sunlite Recycling Industries' overall GF Score™ is 44/100 with 1 warning sign 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 Sunlite Recycling Industries (NSE:SUNLITE), the current Graham Number is ₹282.44 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.

Sunlite Recycling Industries Business Description

Address Survey No. 270A & Plot No. 1, Survey No. 267, Chhatha Mile, Dantali, Vaso, Kheda, GJ, IND, 387350
Sunlite Recycling Industries Ltd is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide company with the copper scrap and the company converts the copper scrap into copper wire and copper wire rod as per customer's requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.
44GF Score

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₹490.90
Price