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Trial HoldingsTSE:141A +5.67%40 Graham Number is 円N/A as of Mar. 2026. GuruFocus rates TSE:141A with a GF Score™ of 40/100. The stock has 5 warning signs investors should review. Among 233 Retail - Defensive companies, Trial Holdings ranks worse than 429184.12% 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 Trial Holdings is 円4005.00. Trial Holdings's graham number for the quarter that ended in Mar. 2026 was 円N/A. Therefore, Trial Holdings's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Trial Holdings's Graham Number or its related term are showing as below:
During the past 6 years, the highest Price to Graham Number ratio of Trial Holdings was 1.60. The lowest was 1.48. And the median was 1.54.
TSE:141A's Price-to-Graham-Number is not ranked *
in the Retail - Defensive industry.
Industry Median: 1.27 * 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.
Trial Holdings (TSE:141A) 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.
Trial Holdings's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
4005.00
/
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.
Trial Holdings Graham Number Related Terms
Trial Holdings Graham Number Historical Data
* Premium members only.
The historical data trend for Trial Holdings'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.
TSE:141A vs WMT, COST, TGT: Graham Number Comparison
For the Discount Stores subindustry, Trial 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.
Trial Holdings Price-to-Graham-Number vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Trial Holdings's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Trial 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.
Trial Holdings (TSE:141A) has a Graham Number of 円N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Trial Holdings and its competitors. Over the past decade, Trial Holdings' Graham Number has ranged from 1.48 to 1.60. According to the industry distribution chart, Trial Holdings ranks #999999 out of 233 companies in the Retail - Defensive industry.
Is Trial Holdings' Graham Number too high?
Trial Holdings' current Graham Number is 円N/A. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 1.60. Based on the distribution chart, Trial Holdings ranks #999999 out of 233 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Trial Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Trial Holdings' Graham Number compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Trial Holdings ranks #999999 out of 233 companies for Graham Number. This places Trial Holdings in the lower half of its industry. The industry median Graham Number is 1.27. Historically, Trial Holdings' own Graham Number has ranged from 1.48 to 1.60 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 Retail - Defensive company?
The median Graham Number among Retail - Defensive companies is 1.27, based on 233 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 Trial Holdings and its competitors. For the Retail - Defensive industry, the median Graham Number is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trial Holdings's current Graham Number is 円N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trial Holdings stock overvalued right now?
Trial Holdings (TSE:141A) has a current Graham Number of 円N/A. The current Graham Number is 円N/A. Trial 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 Trial Holdings (TSE:141A), the current Graham Number is 円N/A 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.
Trial Holdings Inc is a holding company. Along with its subsidiaries, it operates in the following reportable segments: Retail Distribution Business and Retail AI Business. The majority of its revenue is generated from the Retail Distribution Business, which operates discount stores across Japan, ranging from small to large, along with medium-sized supercenters. The product lineup of the stores focuses on food (especially fresh foods), and non-food items include daily necessities and hard goods. The Retail AI Business segment is mainly involved in research and development aimed at transforming stores into smart stores, as well as the sale of products and the outsourcing of services related to smart stores. In addition, the group is involved in real estate and resort-related businesses.
40GF Score
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