Xiangcai Co (SHSE:600095) Graham Number: ¥4.11 (As of Mar. 2026) — 12% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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
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.

SHSE:600095 Xiangcai Co Ltd SHSE:600095
58 GF Score
Price ¥8.24
GF Value ¥7.95
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Xiangcai Co Graham Number?

Xiangcai Co SHSE:600095 +1.35% 58 Graham Number is ¥4.11 as of Mar. 2026, which is 100% below its 10-year median of 3.67. GuruFocus rates SHSE:600095 with a GF Score™ of 58/100 and a GF Value™ of ¥7.95 (Fairly Valued). The stock has 6 warning signs investors should review. Among 526 Capital Markets companies, Xiangcai Co ranks worse than 75.67% 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 (2026-08-12), the stock price of Xiangcai Co is ¥8.24. Xiangcai Co's graham number for the quarter that ended in Mar. 2026 was ¥4.11. Therefore, Xiangcai Co's Price to Graham Number ratio for today is 2.01.

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

SHSE:600095' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.52   Med: 3.67   Max: 20.74
Current: 2

During the past 13 years, the highest Price to Graham Number ratio of Xiangcai Co was 20.74. The lowest was 0.52. And the median was 3.67.

SHSE:600095's Price-to-Graham-Number is ranked worse than
75.67% of 526 companies
in the Capital Markets industry
Industry Median: 1.12 vs SHSE:600095: 2.00

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


Xiangcai Co  (SHSE:600095) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=8.24/4.11
=2.01

* 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.


Xiangcai Co Graham Number Related Terms


Xiangcai Co Graham Number Historical Data

* Premium members only.

The historical data trend for Xiangcai Co'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.

Xiangcai Co Graham Number Chart

Xiangcai Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.90 0.00 1.61 2.58 3.53

Xiangcai Co 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 1.00 1.97 3.91 3.71 4.11

SHSE:600095 vs MS, GS, SCHW: Graham Number Comparison

For the Capital Markets subindustry, Xiangcai 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.


Xiangcai Co Price-to-Graham-Number vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Xiangcai Co's Price-to-Graham-Number distribution charts can be found below:

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


SHSE:600095
58GF Score
Xiangcai Co Ltd SHSE:600095
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xiangcai Co Graham Number Calculation

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

Xiangcai Co's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*3.847*0.144)
=3.53

Xiangcai Co'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*3.865*0.194)
=4.11

* 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 ¥4.11 mean?
Xiangcai Co (SHSE:600095) has a Graham Number of ¥4.11 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Xiangcai Co and its competitors. This is 12% above median its historical median of 3.67. Over the past decade, Xiangcai Co's Graham Number has ranged from 0.52 to 20.74. According to the industry distribution chart, Xiangcai Co ranks #398 out of 526 companies in the Capital Markets industry, placing it in the top 75.7%.
Is Xiangcai Co's Graham Number too high?
Xiangcai Co's current Graham Number of ¥4.11 is 12% above median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 20.74. Based on the distribution chart, Xiangcai Co ranks #398 out of 526 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Xiangcai Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xiangcai Co's Graham Number compare to MS and GS?
According to the Capital Markets industry distribution chart, Xiangcai Co ranks #398 out of 526 companies for Graham Number. This places Xiangcai Co in the lower half of its industry. The industry median Graham Number is 1.12. Historically, Xiangcai Co's own Graham Number has ranged from 0.52 to 20.74 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 Capital Markets company?
The median Graham Number among Capital Markets companies is 1.12, based on 526 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 Xiangcai Co and its competitors. For the Capital Markets industry, the median Graham Number is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiangcai Co's current Graham Number is ¥4.11, which is 12% above median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiangcai Co stock overvalued right now?
Based on GuruFocus' analysis, Xiangcai Co (SHSE:600095) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.95, compared to a current price of ¥8.24 — trading 3.6% above its estimated fair value. The current Graham Number is ¥4.11, which is 12% above median its 10-year median of 3.67. Xiangcai Co's overall GF Score™ is 58/100 with 6 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 Xiangcai Co (SHSE:600095), the current Graham Number is ¥4.11 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.

Is Xiangcai Co (SHSE:600095) Overvalued in 2026?

Based on GuruFocus' analysis, Xiangcai Co stock appears to be overvalued. The current stock price of ¥8.24 is trading 3.6% above its estimated GF Value™ of ¥7.95. GuruFocus considers Xiangcai Co to be Fairly Valued.

Key valuation signals for SHSE:600095:

  • Graham Number: ¥4.11 (12% above median its 10-year median of 3.67)
  • GF Value™: ¥7.95 vs. price of ¥8.24 (3.6% above fair value)
  • GF Score™: 58/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600095 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xiangcai Co Business Description

Address No. 7 Taihu North Road, Yingbin Road Concentration Zone, Harbin High-tech Industrial Development Zone, Heilongjiang Province, Harbin, CHN, 150078
Xiangcai Co Ltd, formerly Harbin High-tech Group Co Ltd is engaged in the development of biological products, deep processed soybean products, health care products, real estate, building materials, and solar cells.
58GF Score

Get the complete analysis for SHSE:600095

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

¥8.24
Price
¥7.95
GF Value