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.
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.
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.
The historical rank and industry rank for Shun On Electronic Co's Graham Number or its related term are showing as below:
During the past 13 years, the highest Price to Graham Number ratio of Shun On Electronic Co was 13.28. The lowest was 0.86. And the median was 3.60.
TPE:6283's Price-to-Graham-Number is not ranked *
in the Hardware industry.
Industry Median: 1.94 * Ranked among companies with meaningful Price-to-Graham-Number only.
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Shun On Electronic Co (TPE:6283) 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.
Shun On Electronic Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
19.95
/
N/A
=
N/A
* 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.
Shun On Electronic Co Graham Number Related Terms
Shun On Electronic Co Graham Number Historical Data
* Premium members only.
The historical data trend for Shun On Electronic 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.
TPE:6283 vs APH, GLW, TEL: Graham Number Comparison
For the Electronic Components subindustry, Shun On Electronic 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.
Shun On Electronic Co Price-to-Graham-Number vs Hardware Industry
For the Hardware industry and Technology sector, Shun On Electronic Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Shun On Electronic Co's Price-to-Graham-Number falls into.
* 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.
Shun On Electronic Co (TPE:6283) has a Graham Number of NT$N/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Shun On Electronic Co and its competitors. Over the past decade, Shun On Electronic Co's Graham Number has ranged from 0.86 to 13.28. According to the industry distribution chart, Shun On Electronic Co ranks #999999 out of 1629 companies in the Hardware industry.
Is Shun On Electronic Co's Graham Number too high?
Shun On Electronic Co's current Graham Number is NT$N/A. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 13.28. Based on the distribution chart, Shun On Electronic Co ranks #999999 out of 1629 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Shun On Electronic Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shun On Electronic Co's Graham Number compare to APH and GLW?
According to the Hardware industry distribution chart, Shun On Electronic Co ranks #999999 out of 1629 companies for Graham Number. This places Shun On Electronic Co in the lower half of its industry. The industry median Graham Number is 1.94. Historically, Shun On Electronic Co's own Graham Number has ranged from 0.86 to 13.28 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 Hardware company?
The median Graham Number among Hardware companies is 1.94, based on 1,629 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 Shun On Electronic Co and its competitors. For the Hardware industry, the median Graham Number is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shun On Electronic Co's current Graham Number is NT$N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shun On Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Shun On Electronic Co (TPE:6283) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$35.76, compared to a current price of NT$19.95 — trading 44.2% below its estimated fair value. The current Graham Number is NT$N/A. Shun On Electronic Co's overall GF Score™ is 66/100 with 1 warning sign 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 Shun On Electronic Co (TPE:6283), the current Graham Number is NT$N/A as of Jun. 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 Shun On Electronic Co (TPE:6283) Overvalued in 2026?
Based on GuruFocus' analysis, Shun On Electronic Co stock appears to be undervalued.
The current stock price of NT$19.95 is trading 44.2% below its estimated GF Value™ of NT$35.76.
GuruFocus considers Shun On Electronic Co to be Significantly Undervalued.
Key valuation signals for TPE:6283:
Graham Number: NT$N/A
GF Value™: NT$35.76 vs. price of NT$19.95 (44.2% below fair value)
No single metric tells the full story. See the TPE:6283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shun On Electronic Co Ltd is a Taiwan-based company engaged in the research, manufacturing, and sales of intelligent products, including conductive films and automotive electronic products. The company has two operating segments namely, Intelligent manufacturing and Special vehicles. It offers keyboard membranes, overlays and domes, keypads, analog cameras for vehicles, and touch keys for mobile phones among other products. Geographically, the company operates predominantly in Mainland China.
66GF Score
Get the complete analysis for TPE:6283
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:6283 has been successfully added to your 
