SSNEF (Sanshin Electronics Co) Graham Number: $35.10 (As of Mar. 2026) — 6400% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

SSNEF Sanshin Electronics Co Ltd SSNEF
81 GF Score
Price $20.10
GF Value $17.84
View Full Analysis

What is Sanshin Electronics Co Graham Number?

Sanshin Electronics Co SSNEF 81 Graham Number is $35.10 as of Mar. 2026, which is 6400% above its 10-year median of 0.54. GuruFocus rates SSNEF with a GF Score™ of 81/100 and a GF Value™ of $17.84. Among 659 Semiconductors companies, Sanshin Electronics Co ranks better than 95.3% 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 (2026-07-16), the stock price of Sanshin Electronics Co is $20.10. Sanshin Electronics Co's graham number for the quarter that ended in Mar. 2026 was $35.10. Therefore, Sanshin Electronics Co's Price to Graham Number ratio for today is 0.57.

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

SSNEF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.44   Med: 0.54   Max: 1.32
Current: 0.52

During the past 13 years, the highest Price to Graham Number ratio of Sanshin Electronics Co was 1.32. The lowest was 0.44. And the median was 0.54.

SSNEF's Price-to-Graham-Number is ranked better than
95.3% of 659 companies
in the Semiconductors industry
Industry Median: 3.05 vs SSNEF: 0.52

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


Sanshin Electronics Co  (OTCPK:SSNEF) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=20.10/35.10
=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.


Sanshin Electronics Co Graham Number Related Terms


Sanshin Electronics Co Graham Number Historical Data

* Premium members only.

The historical data trend for Sanshin Electronics 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.

Sanshin Electronics Co Graham Number Chart

Sanshin Electronics Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.24 33.61 26.55 31.00 34.45

Sanshin Electronics 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 30.89 30.18 34.43 33.27 35.10

SSNEF vs NVDA, AVGO, MU: Graham Number Comparison

For the Semiconductors subindustry, Sanshin Electronics 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.


Sanshin Electronics Co Price-to-Graham-Number vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanshin Electronics Co's Price-to-Graham-Number distribution charts can be found below:

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


SSNEF
81GF Score
Sanshin Electronics Co Ltd SSNEF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanshin Electronics Co Graham Number Calculation

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

Sanshin Electronics Co'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*23.444*2.25)
=34.45

Sanshin Electronics 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*23.444*2.335)
=35.10

* 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 $35.10 mean?
Sanshin Electronics Co (SSNEF) has a Graham Number of $35.10 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Sanshin Electronics Co and its competitors. This is 6400% above median its historical median of 0.54. Over the past decade, Sanshin Electronics Co's Graham Number has ranged from 0.44 to 1.32. According to the industry distribution chart, Sanshin Electronics Co ranks #31 out of 659 companies in the Semiconductors industry, placing it in the top 4.7%.
Is Sanshin Electronics Co's Graham Number too high?
Sanshin Electronics Co's current Graham Number of $35.10 is 6400% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.32. The Semiconductors industry median Graham Number is 3.05. Sanshin Electronics Co's value of $35.10 is 1050.8% above this industry median. Based on the distribution chart, Sanshin Electronics Co ranks #31 out of 659 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Sanshin Electronics Co has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Sanshin Electronics Co's Graham Number compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Sanshin Electronics Co ranks #31 out of 659 companies for Graham Number. This places Sanshin Electronics Co in the top 5% of its industry — outperforming the majority of peers. The industry median Graham Number is 3.05. Sanshin Electronics Co's value of $35.10 is 1050.8% above this benchmark. Historically, Sanshin Electronics Co's own Graham Number has ranged from 0.44 to 1.32 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 3.05, Sanshin Electronics Co 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 Semiconductors company?
The median Graham Number among Semiconductors companies is 3.05, based on 659 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. Sanshin Electronics Co's current Graham Number of $35.10 is 1050.8% 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 Sanshin Electronics Co and its competitors. For the Semiconductors industry, the median Graham Number is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanshin Electronics Co's current Graham Number is $35.10, which is 6400% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanshin Electronics Co stock overvalued right now?
Sanshin Electronics Co (SSNEF) has a current Graham Number of $35.10. The stock's GF Value™ is $17.84, compared to a current price of $20.10 — trading 12.7% above its estimated fair value. The current Graham Number is $35.10, which is 6400% above median its 10-year median of 0.54 and 1050.8% above the Semiconductors industry median of 3.05. Sanshin Electronics Co's overall GF Score™ is 81/100. 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 Sanshin Electronics Co (SSNEF), the current Graham Number is $35.10 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 Sanshin Electronics Co (SSNEF) Overvalued in 2026?

Based on GuruFocus' analysis, Sanshin Electronics Co stock appears to be overvalued. The current stock price of $20.10 is trading 12.7% above its estimated GF Value™ of $17.84.

Key valuation signals for SSNEF:

  • Graham Number: $35.10 (6400% above median its 10-year median of 0.54)
  • GF Value™: $17.84 vs. price of $20.10 (12.7% above fair value)
  • GF Score™: 81/100
  • Industry Position: 1050.8% above the Semiconductors median (#31 of 659)

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


Sanshin Electronics Co Business Description

Other Exchanges 8150:Japan
Address 4-4-12 Shiba, Minato-ku, Tokyo, JPN, 108-8404
Sanshin Electronics Co Ltd is a Japanese based electronics trading company. It operates in two business divisions including device business and solution business. Its device business is engaged in the sales of semiconductors and electronic components for automobile, information and communications, toys and games, and social infrastructure and manufacturing industries. In solution business, it offers IT (information technology) infrastructure solution, application services, video solutions, support, and services. The company has a nationwide network in Japan, Thailand, Malaysia, Singapore, Taiwan, Hong Kong, Irvine, and Shenzhen.
81GF Score

Get the complete analysis for SSNEF

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

$20.10
Price
$17.84
GF Value