SHKBF (Shibuya) Graham Number: $34.28 (As of Dec. 2025) — 4728% Above Median


SHKBF Shibuya Corp SHKBF
73 GF Score
Price $19.34
GF Value $11.18
! 5 Warning Signs
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What is Shibuya Graham Number?

Shibuya SHKBF 73 Graham Number is $34.28 as of Dec. 2025, which is 4728% above its 10-year median of 0.71. GuruFocus rates SHKBF with a GF Score™ of 73/100 and a GF Value™ of $11.18. The stock has 5 warning signs investors should review. Among 2,197 Industrial Products companies, Shibuya ranks better than 81.2% 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 (2026-07-06), the stock price of Shibuya is $19.34. Shibuya's graham number for the quarter that ended in Dec. 2025 was $34.28. Therefore, Shibuya's Price to Graham Number ratio for today is 0.57.

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

SHKBF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.48   Med: 0.71   Max: 1.42
Current: 0.86

During the past 13 years, the highest Price to Graham Number ratio of Shibuya was 1.42. The lowest was 0.48. And the median was 0.71.

SHKBF's Price-to-Graham-Number is ranked better than
81.2% of 2197 companies
in the Industrial Products industry
Industry Median: 1.85 vs SHKBF: 0.86

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


Shibuya  (OTCPK:SHKBF) 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.

Shibuya's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=19.34/33.94
=0.57

* 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.


Shibuya Graham Number Related Terms


Shibuya Graham Number Historical Data

* Premium members only.

The historical data trend for Shibuya'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.

Shibuya Graham Number Chart

Shibuya Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.98 36.24 27.92 33.68 38.38

Shibuya Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.03 37.96 35.06 34.28 33.86

SHKBF vs GEV, ETN, PH: Graham Number Comparison

For the Specialty Industrial Machinery subindustry, Shibuya'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.


Shibuya Price-to-Graham-Number vs Industrial Products Industry

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

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


SHKBF
73GF Score
Shibuya Corp SHKBF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shibuya Graham Number Calculation

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

Shibuya's Graham Number for the fiscal year that ended in Jun. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*26.864*2.437)
=38.38

Shibuya's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*25.747*1.989)
=33.94

* 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 $34.28 mean?
Shibuya (SHKBF) has a Graham Number of $34.28 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Shibuya and its competitors. This is 4728% above median its historical median of 0.71. Over the past decade, Shibuya's Graham Number has ranged from 0.48 to 1.42. According to the industry distribution chart, Shibuya ranks #413 out of 2197 companies in the Industrial Products industry, placing it in the top 18.8%.
Is Shibuya's Graham Number too high?
Shibuya's current Graham Number of $34.28 is 4728% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.42. The Industrial Products industry median Graham Number is 1.85. Shibuya's value of $34.28 is 1753% above this industry median. Based on the distribution chart, Shibuya ranks #413 out of 2197 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shibuya has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Shibuya's Graham Number compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shibuya ranks #413 out of 2197 companies for Graham Number. This places Shibuya in the top 19% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.85. Shibuya's value of $34.28 is 1753% above this benchmark. Historically, Shibuya's own Graham Number has ranged from 0.48 to 1.42 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.85, Shibuya 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 an Industrial Products company?
The median Graham Number among Industrial Products companies is 1.85, based on 2,197 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. Shibuya's current Graham Number of $34.28 is 1753% 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 Shibuya and its competitors. For the Industrial Products industry, the median Graham Number is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shibuya's current Graham Number is $34.28, which is 4728% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shibuya stock overvalued right now?
Shibuya (SHKBF) has a current Graham Number of $34.28. The stock's GF Value™ is $11.18, compared to a current price of $19.34 — trading 73% above its estimated fair value. The current Graham Number is $34.28, which is 4728% above median its 10-year median of 0.71 and 1753% above the Industrial Products industry median of 1.85. Shibuya's overall GF Score™ is 73/100 with 5 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 Shibuya (SHKBF), the current Graham Number is $34.28 as of Dec. 2025. 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 Shibuya (SHKBF) Overvalued in 2026?

Based on GuruFocus' analysis, Shibuya stock appears to be overvalued. The current stock price of $19.34 is trading 73% above its estimated GF Value™ of $11.18.

Key valuation signals for SHKBF:

  • Graham Number: $34.28 (4728% above median its 10-year median of 0.71)
  • GF Value™: $11.18 vs. price of $19.34 (73% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 1753% above the Industrial Products median (#413 of 2197)

No single metric tells the full story. See the SHKBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shibuya Business Description

Other Exchanges 6340:Japan
Address Ko-58 Mameda-Honmachi, Kanazawa-shi, Ishikawa, JPN, 920-8681
Shibuya Corp operates in the packaging machinery sector. The company offers various products system such as bottling, packaging, product handling, pharmaceutical manufacturing, regenerative medicine manufacturing, cleaning, environmental, laser working, water-jet cutting, semiconductor, medical equipment, agricultural equipment, and Food processing systems.
73GF Score

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Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.34
Price
$11.18
GF Value