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.
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.
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.
ROCO:5213'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.38 Med: 0.89 Max: 6.19
Current: 0.77
During the past 13 years, the highest Price to Graham Number ratio of YeaShin International Development Co was 6.19. The lowest was 0.38. And the median was 0.89.
ROCO:5213's Price-to-Graham-Number is ranked worse than 52.64% of 1157
companies
in the Real Estate industry
Industry Median: 0.73
vs ROCO:5213: 0.77
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
YeaShin International Development Co (ROCO:5213) 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.
YeaShin International Development Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
20.90
/
27.16
=
0.77
* 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.
YeaShin International Development Co Graham Number Related Terms
YeaShin International Development Co 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.
YeaShin International Development Co Graham Number Chart
YeaShin International Development Co Graham Number Competitor Comparison
For the Real Estate - Development subindustry, YeaShin International Development 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.
YeaShin International Development Co Price-to-Graham-Number vs Real Estate Industry
For the Real Estate industry and Real Estate sector, YeaShin International Development Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where YeaShin International Development 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.
YeaShin International Development Co (ROCO:5213) has a Graham Number of NT$27.16 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on YeaShin International Development Co and its competitors. According to the industry distribution chart, YeaShin International Development Co ranks #609 out of 1157 companies in the Real Estate industry, placing it in the top 52.6%.
Is YeaShin International Development Co's Graham Number too high?
YeaShin International Development Co's current Graham Number is NT$27.16. Based on the distribution chart, YeaShin International Development Co ranks #609 out of 1157 companies in the Real Estate industry, which is below the industry midpoint. Overall, YeaShin International Development Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does YeaShin International Development Co's Graham Number compare to competitors?
According to the Real Estate industry distribution chart, YeaShin International Development Co ranks #609 out of 1157 companies for Graham Number. This places YeaShin International Development Co in the lower half of its industry. The industry median Graham Number is 0.73. 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 Real Estate company?
The median Graham Number among Real Estate companies is 0.73, based on 1,157 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 YeaShin International Development Co and its competitors. For the Real Estate industry, the median Graham Number is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YeaShin International Development Co's current Graham Number is NT$27.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YeaShin International Development Co stock overvalued right now?
Based on GuruFocus' analysis, YeaShin International Development Co (ROCO:5213) is currently considered Possible Value Trap. The stock's GF Value™ is NT$43.16, compared to a current price of NT$20.90 — trading 51.6% below its estimated fair value. The current Graham Number is NT$27.16. YeaShin International Development Co's overall GF Score™ is 65/100 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 YeaShin International Development Co (ROCO:5213), the current Graham Number is NT$27.16 as of Jun. 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 YeaShin International Development Co (ROCO:5213) Overvalued in 2026?
Based on GuruFocus' analysis, YeaShin International Development Co stock appears to be undervalued.
The current stock price of NT$20.90 is trading 51.6% below its estimated GF Value™ of NT$43.16.
GuruFocus considers YeaShin International Development Co to be Possible Value Trap.
Key valuation signals for ROCO:5213:
Graham Number: NT$27.16
GF Value™: NT$43.16 vs. price of NT$20.90 (51.6% below fair value)
No single metric tells the full story. See the ROCO:5213 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
YeaShin International Development Co Ltd is mainly engaged in construction and civil engineering contracting and property lease and sales, including residential and building development, leasing and sales. The company is mostly engaged in pre-sale of housing and land. Its projects include The Rise Hotel Apartments, Ya Xinxin Fuju, Yaxin's Residence, Yaxin Dunnan, Yaxin Forest, Central Avenue, Yaxin Senfeng, MBC Asia Pacific Business Center, Yaxin Tianhui, Yaxin Fengshan, Consistent and Shin Ginza.
65GF Score
Get the complete analysis for ROCO:5213
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:5213 has been successfully added to your 
