Global Unichip (TPE:3443) Graham Number: NT$278.64 (As of Mar. 2026) — 5791% 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.
Reviewed by: Charlie Tian Charlie Tian
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.

TPE:3443 Global Unichip Corp TPE:3443
90 GF Score
Price NT$4,545.00
GF Value NT$2,560.49
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Global Unichip Graham Number?

Global Unichip TPE:3443 +1.45% 90 Graham Number is NT$278.64 as of Mar. 2026, which is 100% below its 10-year median of 4.73. GuruFocus rates TPE:3443 with a GF Score™ of 90/100 and a GF Value™ of NT$2,560.49 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 658 Semiconductors companies, Global Unichip ranks worse than 95.9% 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 (2026-08-08), the stock price of Global Unichip is NT$4545.00. Global Unichip's graham number for the quarter that ended in Mar. 2026 was NT$278.64. Therefore, Global Unichip's Price to Graham Number ratio for today is 16.31.

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

TPE:3443' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.59   Med: 4.73   Max: 16.31
Current: 16.31

During the past 13 years, the highest Price to Graham Number ratio of Global Unichip was 16.31. The lowest was 1.59. And the median was 4.73.

TPE:3443's Price-to-Graham-Number is ranked worse than
95.9% of 658 companies
in the Semiconductors industry
Industry Median: 2.745 vs TPE:3443: 16.31

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


Global Unichip  (TPE:3443) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=4545.00/278.64
=16.31

* 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.


Global Unichip Graham Number Related Terms


Global Unichip Graham Number Historical Data

* Premium members only.

The historical data trend for Global Unichip'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.

Global Unichip Graham Number Chart

Global Unichip 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 94.42 186.23 199.32 219.69 236.85

Global Unichip 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 234.90 212.69 216.16 236.98 278.64

TPE:3443 vs NVDA, AVGO, MU: Graham Number Comparison

For the Semiconductors subindustry, Global Unichip'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.


Global Unichip Price-to-Graham-Number vs Semiconductors Industry

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

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


TPE:3443
90GF Score
Global Unichip Corp TPE:3443
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Unichip Graham Number Calculation

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

Global Unichip'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*92.041*27.089)
=236.85

Global Unichip'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*104.125*33.14)
=278.64

* 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 NT$278.64 mean?
Global Unichip (TPE:3443) has a Graham Number of NT$278.64 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Global Unichip and its competitors. This is 5791% above median its historical median of 4.73. Over the past decade, Global Unichip's Graham Number has ranged from 1.59 to 16.31. According to the industry distribution chart, Global Unichip ranks #631 out of 658 companies in the Semiconductors industry, placing it in the top 95.9%.
Is Global Unichip's Graham Number too high?
Global Unichip's current Graham Number of NT$278.64 is 5791% above median its 10-year median of 4.73. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 16.31. Based on the distribution chart, Global Unichip ranks #631 out of 658 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Global Unichip has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Unichip's Graham Number compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Global Unichip ranks #631 out of 658 companies for Graham Number. This places Global Unichip in the lower half of its industry. The industry median Graham Number is 2.75. Historically, Global Unichip's own Graham Number has ranged from 1.59 to 16.31 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 Semiconductors company?
The median Graham Number among Semiconductors companies is 2.75, based on 658 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 Global Unichip and its competitors. For the Semiconductors industry, the median Graham Number is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Unichip's current Graham Number is NT$278.64, which is 5791% above median its own 10-year median of 4.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Unichip stock overvalued right now?
Based on GuruFocus' analysis, Global Unichip (TPE:3443) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2,560.49, compared to a current price of NT$4,545.00 — trading 77.5% above its estimated fair value. The current Graham Number is NT$278.64, which is 5791% above median its 10-year median of 4.73. Global Unichip's overall GF Score™ is 90/100 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 Global Unichip (TPE:3443), the current Graham Number is NT$278.64 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 Global Unichip (TPE:3443) Overvalued in 2026?

Based on GuruFocus' analysis, Global Unichip stock appears to be overvalued. The current stock price of NT$4,545.00 is trading 77.5% above its estimated GF Value™ of NT$2,560.49. GuruFocus considers Global Unichip to be Significantly Overvalued.

Key valuation signals for TPE:3443:

  • Graham Number: NT$278.64 (5791% above median its 10-year median of 4.73)
  • GF Value™: NT$2,560.49 vs. price of NT$4,545.00 (77.5% above fair value)
  • GF Score™: 90/100 with 3 warning signs

No single metric tells the full story. See the TPE:3443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Unichip Business Description

Address No. 10, Li-Hsin 6th Road, Hsinchu Science Park, Hsinchu, TWN, 300096
Global Unichip Corp is engaged mainly in researching, developing, producing, testing, and selling of embedded memory and logic components for various application ICs, cell libraries for various application ICs, and EDA tools for various application ICs. It provides APT technology, design solutions, and related services intended to support performance and reliability for clients across competitive markets. The company derives revenue from the sale of its products.
90GF Score

Get the complete analysis for TPE:3443

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

NT$4,545.00
Price
NT$2,560.49
GF Value