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ITHTPE:6962 +0.65%19 Graham Number is NT$32.14 as of Jun. 2026, which is 100% below its 10-year median of 0.86. GuruFocus rates TPE:6962 with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 1,629 Hardware companies, ITH ranks better than 78.02% 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 (2026-08-18), the stock price of ITH is NT$30.95. ITH's graham number for the quarter that ended in Jun. 2026 was NT$32.14. Therefore, ITH's Price to Graham Number ratio for today is 0.96.
The historical rank and industry rank for ITH's Graham Number or its related term are showing as below:
TPE:6962'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.7 Med: 0.86 Max: 1.09
Current: 0.95
During the past 5 years, the highest Price to Graham Number ratio of ITH was 1.09. The lowest was 0.70. And the median was 0.86.
TPE:6962's Price-to-Graham-Number is ranked better than 78.02% of 1629
companies
in the Hardware industry
Industry Median: 1.94
vs TPE:6962: 0.95
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
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.
ITH's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
30.95
/
32.14
=
0.96
* 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.
ITH Graham Number Related Terms
ITH Graham Number Historical Data
* Premium members only.
The historical data trend for ITH'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:6962 vs APH, GLW, TEL: Graham Number Comparison
For the Electronic Components subindustry, ITH'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.
ITH Price-to-Graham-Number vs Hardware Industry
For the Hardware industry and Technology sector, ITH's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where ITH'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.
ITH (TPE:6962) has a Graham Number of NT$32.14 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on ITH and its competitors. This is 3637% above median its historical median of 0.86. Over the past decade, ITH's Graham Number has ranged from 0.70 to 1.09. According to the industry distribution chart, ITH ranks #358 out of 1629 companies in the Hardware industry, placing it in the top 22%.
Is ITH's Graham Number too high?
ITH's current Graham Number of NT$32.14 is 3637% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.09. Based on the distribution chart, ITH ranks #358 out of 1629 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, ITH has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does ITH's Graham Number compare to APH and GLW?
According to the Hardware industry distribution chart, ITH ranks #358 out of 1629 companies for Graham Number. This places ITH in the top 22% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.94. Historically, ITH's own Graham Number has ranged from 0.70 to 1.09 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 ITH 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. ITH's current Graham Number is NT$32.14, which is 3637% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITH stock overvalued right now?
ITH (TPE:6962) has a current Graham Number of NT$32.14. The current Graham Number is NT$32.14, which is 3637% above median its 10-year median of 0.86. ITH's overall GF Score™ is 19/100 with 5 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 ITH (TPE:6962), the current Graham Number is NT$32.14 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.
ITH Corp is engaged in investment holdings. It is mainly engaged in the IC design industry and operates mainly in Hsinchu, Taiwan. It is a professional panel driver and touch IC design company possessing two core technologies of display and touch, focusing on the integration of panel display and touch-related technologies and expanding into diverse product applications. It specializes in display driver and touch IC design for Smart Mobile Devices, and Industrial Control & Automotive products. Its main customers are panel suppliers in Taiwan, China, Japan, and South Korea, as well as globally renowned brands. Its product lines cover mobile phones, tablets, laptops, industrial controls, e-sports, wearables, TVs, and automotive applications. It generates majority of its revenue from China.
19GF Score
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