SOOBF (Sapporo Breweries) Graham Number: $4.60 (As of Mar. 2026) — 146% Above Median

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SOOBF Sapporo Breweries Ltd SOOBF
59 GF Score
Price $12.25
GF Value $7.70
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Sapporo Breweries Graham Number?

Sapporo Breweries SOOBF 59 Graham Number is $4.60 as of Mar. 2026, which is 146% above its 10-year median of 1.87. GuruFocus rates SOOBF with a GF Score™ of 59/100 and a GF Value™ of $7.70 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 135 Beverages - Alcoholic companies, Sapporo Breweries ranks worse than 77.78% 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 (2026-07-24), the stock price of Sapporo Breweries is $12.25. Sapporo Breweries's graham number for the quarter that ended in Mar. 2026 was $4.60. Therefore, Sapporo Breweries's Price to Graham Number ratio for today is 2.66.

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

SOOBF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.88   Med: 1.87   Max: 14.82
Current: 2.9

During the past 13 years, the highest Price to Graham Number ratio of Sapporo Breweries was 14.82. The lowest was 0.88. And the median was 1.87.

SOOBF's Price-to-Graham-Number is ranked worse than
77.78% of 135 companies
in the Beverages - Alcoholic industry
Industry Median: 1.42 vs SOOBF: 2.90

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


Sapporo Breweries  (OTCPK:SOOBF) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=12.25/4.60
=2.66

* 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.


Sapporo Breweries Graham Number Related Terms


Sapporo Breweries Graham Number Historical Data

* Premium members only.

The historical data trend for Sapporo Breweries'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.

Sapporo Breweries Graham Number Chart

Sapporo Breweries 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 4.34 2.34 2.96 1.68 4.18

Sapporo Breweries 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 0.70 0.00 1.77 4.28 4.60

SOOBF vs BUD, STZ, TAP: Graham Number Comparison

For the Beverages - Brewers subindustry, Sapporo Breweries'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.


Sapporo Breweries Price-to-Graham-Number vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Sapporo Breweries's Price-to-Graham-Number distribution charts can be found below:

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


SOOBF
59GF Score
Sapporo Breweries Ltd SOOBF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sapporo Breweries Graham Number Calculation

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

Sapporo Breweries'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*3.135*0.248)
=4.18

Sapporo Breweries'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*3.003*0.313)
=4.60

* 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 $4.60 mean?
Sapporo Breweries (SOOBF) has a Graham Number of $4.60 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Sapporo Breweries and its competitors. This is 146% above median its historical median of 1.87. Over the past decade, Sapporo Breweries' Graham Number has ranged from 0.88 to 14.82. According to the industry distribution chart, Sapporo Breweries ranks #105 out of 135 companies in the Beverages - Alcoholic industry, placing it in the top 77.8%.
Is Sapporo Breweries' Graham Number too high?
Sapporo Breweries' current Graham Number of $4.60 is 146% above median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 14.82. The Beverages - Alcoholic industry median Graham Number is 1.42. Sapporo Breweries' value of $4.60 is 223.9% above this industry median. Based on the distribution chart, Sapporo Breweries ranks #105 out of 135 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Sapporo Breweries has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sapporo Breweries' Graham Number compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Sapporo Breweries ranks #105 out of 135 companies for Graham Number. This places Sapporo Breweries in the lower half of its industry. The industry median Graham Number is 1.42. Sapporo Breweries' value of $4.60 is 223.9% above this benchmark. Historically, Sapporo Breweries' own Graham Number has ranged from 0.88 to 14.82 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 1.42, Sapporo Breweries 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 a Beverages - Alcoholic company?
The median Graham Number among Beverages - Alcoholic companies is 1.42, based on 135 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. Sapporo Breweries's current Graham Number of $4.60 is 223.9% 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 Sapporo Breweries and its competitors. For the Beverages - Alcoholic industry, the median Graham Number is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sapporo Breweries's current Graham Number is $4.60, which is 146% above median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sapporo Breweries stock overvalued right now?
Based on GuruFocus' analysis, Sapporo Breweries (SOOBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.70, compared to a current price of $12.25 — trading 59.1% above its estimated fair value. The current Graham Number is $4.60, which is 146% above median its 10-year median of 1.87 and 223.9% above the Beverages - Alcoholic industry median of 1.42. Sapporo Breweries' overall GF Score™ is 59/100 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 Sapporo Breweries (SOOBF), the current Graham Number is $4.60 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 Sapporo Breweries (SOOBF) Overvalued in 2026?

Based on GuruFocus' analysis, Sapporo Breweries stock appears to be overvalued. The current stock price of $12.25 is trading 59.1% above its estimated GF Value™ of $7.70. GuruFocus considers Sapporo Breweries to be Significantly Overvalued.

Key valuation signals for SOOBF:

  • Graham Number: $4.60 (146% above median its 10-year median of 1.87)
  • GF Value™: $7.70 vs. price of $12.25 (59.1% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 223.9% above the Beverages - Alcoholic median (#105 of 135)

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


Sapporo Breweries Business Description

Other Exchanges 2501:JapanSBW:Germany
Address 4-20-1 Ebisu, Shibuya-ku, Tokyo, JPN, 150-8522
Sapporo Holdings Ltd is a Japan-based company engaged in producing and supplying alcoholic drinks as well as food products and related services. The company operates through three main segments: Alcoholic Beverages, Food and Beverages, and Real Estate. The Alcoholic Beverages segment handles production and sales of alcoholic drinks along with restaurant operations. The Food and Beverages segment covers the manufacturing and distribution of food items and bottled water. The Real Estate segment is engaged in property leasing activities. It generates the majority of its revenue from the Alcoholic Beverages segment.
59GF Score

Get the complete analysis for SOOBF

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

$12.25
Price
$7.70
GF Value