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What is Topsports International Holdings Graham Number?
Topsports International HoldingsTPSRF 40 Graham Number is $0.34 as of Feb. 2026, which is 81% below its 10-year median of 1.79. GuruFocus rates TPSRF with a GF Score™ of 40/100 and a GF Value™ of $0.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 753 Retail - Cyclical companies, Topsports International Holdings ranks better than 78.49% 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.
The historical rank and industry rank for Topsports International Holdings's Graham Number or its related term are showing as below:
TPSRF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.65 Med: 1.79 Max: 2.54
Current: 0.67
During the past 10 years, the highest Price to Graham Number ratio of Topsports International Holdings was 2.54. The lowest was 0.65. And the median was 1.79.
TPSRF's Price-to-Graham-Number is ranked better than 78.49% of 753
companies
in the Retail - Cyclical industry
Industry Median: 1.2
vs TPSRF: 0.67
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Topsports International Holdings (OTCPK:TPSRF) 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.
Topsports International Holdings's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Feb. 2026 )
=
0.20797
/
0.34
=
0.61
* 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.
Topsports International Holdings Graham Number Related Terms
Topsports International Holdings Graham Number Historical Data
* 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.
Topsports International Holdings Graham Number Chart
TPSRF vs TJX, ROST, BURL: Graham Number Comparison
For the Apparel Retail subindustry, Topsports International Holdings'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.
Topsports International Holdings Price-to-Graham-Number vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Topsports International Holdings's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Topsports International Holdings'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.
Topsports International Holdings (TPSRF) has a Graham Number of $0.34 as of Feb. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Topsports International Holdings and its competitors. This is 81% below median its historical median of 1.79. Over the past decade, Topsports International Holdings' Graham Number has ranged from 0.65 to 2.54. According to the industry distribution chart, Topsports International Holdings ranks #162 out of 753 companies in the Retail - Cyclical industry, placing it in the top 21.5%.
Is Topsports International Holdings' Graham Number too high?
Topsports International Holdings' current Graham Number of $0.34 is 81% below median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 2.54. The Retail - Cyclical industry median Graham Number is 1.20. Topsports International Holdings' value of $0.34 is 71.7% below this industry median. Based on the distribution chart, Topsports International Holdings ranks #162 out of 753 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Topsports International Holdings has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Topsports International Holdings' Graham Number compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Topsports International Holdings ranks #162 out of 753 companies for Graham Number. This places Topsports International Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.20. Topsports International Holdings' value of $0.34 is 71.7% below this benchmark. Historically, Topsports International Holdings' own Graham Number has ranged from 0.65 to 2.54 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.20, Topsports International Holdings has consistently been below 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 Retail - Cyclical company?
The median Graham Number among Retail - Cyclical companies is 1.20, based on 753 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. Topsports International Holdings's current Graham Number of $0.34 is 71.7% below 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 Topsports International Holdings and its competitors. For the Retail - Cyclical industry, the median Graham Number is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topsports International Holdings's current Graham Number is $0.34, which is 81% below median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topsports International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Topsports International Holdings (TPSRF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.35, compared to a current price of $0.21 — trading 40.6% below its estimated fair value. The current Graham Number is $0.34, which is 81% below median its 10-year median of 1.79 and 71.7% below the Retail - Cyclical industry median of 1.20. Topsports International Holdings' overall GF Score™ is 40/100 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 Topsports International Holdings (TPSRF), the current Graham Number is $0.34 as of Feb. 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 Topsports International Holdings (TPSRF) Overvalued in 2026?
Based on GuruFocus' analysis, Topsports International Holdings stock appears to be undervalued.
The current stock price of $0.21 is trading 40.6% below its estimated GF Value™ of $0.35.
GuruFocus considers Topsports International Holdings to be Possible Value Trap.
Key valuation signals for TPSRF:
Graham Number: $0.34 (81% below median its 10-year median of 1.79)
GF Value™: $0.35 vs. price of $0.21 (40.6% below fair value)
Industry Position: 71.7% below the Retail - Cyclical median (#162 of 753)
No single metric tells the full story. See the TPSRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topsports International Holdings Business Description
Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers. The firm operates more than 4,000 stores directly as of the end of fiscal 2026, and most of these single-brand stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. Topsports also has partnerships with sportswear brands such as Puma, Li-Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.
40GF Score
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