SWGHF (Sawai Group Holdings Co) Graham Number: $11.01 (As of Mar. 2026) — 810% 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.

SWGHF Sawai Group Holdings Co Ltd SWGHF
53 GF Score
Price $11.52
GF Value $15.98
! 3 Warning Signs
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What is Sawai Group Holdings Co Graham Number?

Sawai Group Holdings Co SWGHF 53 Graham Number is $11.01 as of Mar. 2026, which is 810% above its 10-year median of 1.21. GuruFocus rates SWGHF with a GF Score™ of 53/100 and a GF Value™ of $15.98. The stock has 3 warning signs investors should review. Among 602 Drug Manufacturers companies, Sawai Group Holdings Co ranks better than 74.42% 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 (2026-08-04), the stock price of Sawai Group Holdings Co is $11.52. Sawai Group Holdings Co's graham number for the quarter that ended in Mar. 2026 was $11.01. Therefore, Sawai Group Holdings Co's Price to Graham Number ratio for today is 1.05.

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

SWGHF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.74   Med: 1.21   Max: 2.8
Current: 0.98

During the past 5 years, the highest Price to Graham Number ratio of Sawai Group Holdings Co was 2.80. The lowest was 0.74. And the median was 1.21.

SWGHF's Price-to-Graham-Number is ranked better than
74.42% of 602 companies
in the Drug Manufacturers industry
Industry Median: 1.53 vs SWGHF: 0.98

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


Sawai Group Holdings Co  (OTCPK:SWGHF) 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.

Sawai Group Holdings Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=11.52/11.01
=1.05

* 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.


Sawai Group Holdings Co Graham Number Related Terms


Sawai Group Holdings Co Graham Number Historical Data

* Premium members only.

The historical data trend for Sawai Group Holdings 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.

Sawai Group Holdings Co Graham Number Chart

Sawai Group Holdings Co Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
0.00 12.30 11.88 4.74 10.71

Sawai Group Holdings 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 4.47 6.29 3.30 0.00 11.01

SWGHF vs ZTS: Graham Number Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Sawai Group Holdings 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.


Sawai Group Holdings Co Price-to-Graham-Number vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sawai Group Holdings Co's Price-to-Graham-Number distribution charts can be found below:

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


SWGHF
53GF Score
Sawai Group Holdings Co Ltd SWGHF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sawai Group Holdings Co Graham Number Calculation

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

Sawai Group Holdings 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*8.125*0.628)
=10.71

Sawai Group Holdings 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*8.125*0.663)
=11.01

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $11.01 mean?
Sawai Group Holdings Co (SWGHF) has a Graham Number of $11.01 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Sawai Group Holdings Co and its competitors. This is 810% above median its historical median of 1.21. Over the past decade, Sawai Group Holdings Co's Graham Number has ranged from 0.74 to 2.80. According to the industry distribution chart, Sawai Group Holdings Co ranks #154 out of 602 companies in the Drug Manufacturers industry, placing it in the top 25.6%.
Is Sawai Group Holdings Co's Graham Number too high?
Sawai Group Holdings Co's current Graham Number of $11.01 is 810% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.80. The Drug Manufacturers industry median Graham Number is 1.53. Sawai Group Holdings Co's value of $11.01 is 619.6% above this industry median. Based on the distribution chart, Sawai Group Holdings Co ranks #154 out of 602 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Sawai Group Holdings Co has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Sawai Group Holdings Co's Graham Number compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Sawai Group Holdings Co ranks #154 out of 602 companies for Graham Number. This puts Sawai Group Holdings Co in the upper half of its industry. The industry median Graham Number is 1.53. Sawai Group Holdings Co's value of $11.01 is 619.6% above this benchmark. Historically, Sawai Group Holdings Co's own Graham Number has ranged from 0.74 to 2.80 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 1.53, Sawai Group Holdings 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 Drug Manufacturers company?
The median Graham Number among Drug Manufacturers companies is 1.53, based on 602 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. Sawai Group Holdings Co's current Graham Number of $11.01 is 619.6% 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 Sawai Group Holdings Co and its competitors. For the Drug Manufacturers industry, the median Graham Number is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sawai Group Holdings Co's current Graham Number is $11.01, which is 810% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sawai Group Holdings Co stock overvalued right now?
Sawai Group Holdings Co (SWGHF) has a current Graham Number of $11.01. The stock's GF Value™ is $15.98, compared to a current price of $11.52 — trading 27.9% below its estimated fair value. The current Graham Number is $11.01, which is 810% above median its 10-year median of 1.21 and 619.6% above the Drug Manufacturers industry median of 1.53. Sawai Group Holdings Co's overall GF Score™ is 53/100 with 3 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 Sawai Group Holdings Co (SWGHF), the current Graham Number is $11.01 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 Sawai Group Holdings Co (SWGHF) Overvalued in 2026?

Based on GuruFocus' analysis, Sawai Group Holdings Co stock appears to be undervalued. The current stock price of $11.52 is trading 27.9% below its estimated GF Value™ of $15.98.

Key valuation signals for SWGHF:

  • Graham Number: $11.01 (810% above median its 10-year median of 1.21)
  • GF Value™: $15.98 vs. price of $11.52 (27.9% below fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 619.6% above the Drug Manufacturers median (#154 of 602)

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


Sawai Group Holdings Co Business Description

Other Exchanges 4887:Japan
Address 5-2-30, Miyahara, Yodogawa-ku, Osaka, JPN, 532-0003
Sawai Group Holdings Co Ltd is engaged in providing management support or guidance to domestic and foreign companies engaged in businesses related to medical and healthcare services, such as the manufacture and sale of pharmaceutical products and medical equipment, as well as various businesses incidental or related to the same.
53GF Score

Get the complete analysis for SWGHF

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

$11.52
Price
$15.98
GF Value