WW Holding (TPE:8442) Graham Number: NT$45.16 (As of Mar. 2026) — 4201% 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:8442 WW Holding Inc TPE:8442
70 GF Score
Price NT$45.90
GF Value NT$83.10
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is WW Holding Graham Number?

WW Holding TPE:8442 +3.38% 70 Graham Number is NT$45.16 as of Mar. 2026, which is 100% below its 10-year median of 1.05. GuruFocus rates TPE:8442 with a GF Score™ of 70/100 and a GF Value™ of NT$83.10 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 500 Travel & Leisure companies, WW Holding ranks better than 62% 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 (2026-08-21), the stock price of WW Holding is NT$45.90. WW Holding's graham number for the quarter that ended in Mar. 2026 was NT$45.16. Therefore, WW Holding's Price to Graham Number ratio for today is 1.02.

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

TPE:8442' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.76   Med: 1.05   Max: 2.6
Current: 1.02

During the past 13 years, the highest Price to Graham Number ratio of WW Holding was 2.60. The lowest was 0.76. And the median was 1.05.

TPE:8442's Price-to-Graham-Number is ranked better than
62% of 500 companies
in the Travel & Leisure industry
Industry Median: 1.225 vs TPE:8442: 1.02

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


WW Holding  (TPE:8442) 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.

WW Holding's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=45.90/45.16
=1.02

* 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.


WW Holding Graham Number Related Terms


WW Holding Graham Number Historical Data

* Premium members only.

The historical data trend for WW Holding'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.

WW Holding Graham Number Chart

WW Holding 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 26.05 94.93 95.03 112.08 69.09

WW Holding 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 108.43 81.71 79.61 69.79 45.16

TPE:8442 vs AS, HAS, LTH: Graham Number Comparison

For the Leisure subindustry, WW Holding'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.


WW Holding Price-to-Graham-Number vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, WW Holding's Price-to-Graham-Number distribution charts can be found below:

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


TPE:8442
70GF Score
WW Holding Inc TPE:8442
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WW Holding Graham Number Calculation

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

WW Holding'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*51.992*4.08)
=69.09

WW Holding'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*49.985*1.813)
=45.16

* 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$45.16 mean?
WW Holding (TPE:8442) has a Graham Number of NT$45.16 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on WW Holding and its competitors. This is 4201% above median its historical median of 1.05. Over the past decade, WW Holding's Graham Number has ranged from 0.76 to 2.60. According to the industry distribution chart, WW Holding ranks #190 out of 500 companies in the Travel & Leisure industry, placing it in the top 38%.
Is WW Holding's Graham Number too high?
WW Holding's current Graham Number of NT$45.16 is 4201% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 2.60. Based on the distribution chart, WW Holding ranks #190 out of 500 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, WW Holding has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WW Holding's Graham Number compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, WW Holding ranks #190 out of 500 companies for Graham Number. This puts WW Holding in the upper half of its industry. The industry median Graham Number is 1.23. Historically, WW Holding's own Graham Number has ranged from 0.76 to 2.60 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 Travel & Leisure company?
The median Graham Number among Travel & Leisure companies is 1.23, based on 500 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 WW Holding and its competitors. For the Travel & Leisure industry, the median Graham Number is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WW Holding's current Graham Number is NT$45.16, which is 4201% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WW Holding stock overvalued right now?
Based on GuruFocus' analysis, WW Holding (TPE:8442) is currently considered Possible Value Trap. The stock's GF Value™ is NT$83.10, compared to a current price of NT$45.90 — trading 44.8% below its estimated fair value. The current Graham Number is NT$45.16, which is 4201% above median its 10-year median of 1.05. WW Holding's overall GF Score™ is 70/100 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 WW Holding (TPE:8442), the current Graham Number is NT$45.16 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 WW Holding (TPE:8442) Overvalued in 2026?

Based on GuruFocus' analysis, WW Holding stock appears to be undervalued. The current stock price of NT$45.90 is trading 44.8% below its estimated GF Value™ of NT$83.10. GuruFocus considers WW Holding to be Possible Value Trap.

Key valuation signals for TPE:8442:

  • Graham Number: NT$45.16 (4201% above median its 10-year median of 1.05)
  • GF Value™: NT$83.10 vs. price of NT$45.90 (44.8% below fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the TPE:8442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WW Holding Business Description

Address No.1, Wuquan 1st Road, 3rd Floor, Room 7, Xinzhuang District, New Taipei, TWN, 242
WW Holding Inc is engaged in the manufacturing and selling of sports equipment and other accessories. The company's operating segments include the Sports Equipment Business and the Luxury Bag Business. It generates maximum revenue from the Sports Equipment Business segment. Geographically, it derives a majority of its revenue from the United States and also has a presence in Belgium, Spain, Mainland China, France, Germany, and Other Countries. The revenue from products and services includes leather bags, backpacks, luggage, commercial bags, and relevant accessories.
70GF Score

Get the complete analysis for TPE:8442

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

NT$45.90
Price
NT$83.10
GF Value