The Torigoe Co (TSE:2009) Graham Number: 円1,320.34 (As of Jun. 2026)

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.
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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.

TSE:2009 The Torigoe Co Ltd TSE:2009
67 GF Score
Price 円1,097.00
GF Value 円771.77
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is The Torigoe Co Graham Number?

The Torigoe Co TSE:2009 +0.46% 67 Graham Number is 円1,320.34 as of Jun. 2026. GuruFocus rates TSE:2009 with a GF Score™ of 67/100 and a GF Value™ of 円771.77 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,385 Consumer Packaged Goods companies, The Torigoe Co ranks better than 67.65% 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 (2026-08-29), the stock price of The Torigoe Co is 円1097.00. The Torigoe Co's graham number for the quarter that ended in Jun. 2026 was 円1,320.34. Therefore, The Torigoe Co's Price to Graham Number ratio for today is 0.83.

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

TSE:2009' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.51   Med: 0.73   Max: 1.09
Current: 0.83

During the past 13 years, the highest Price to Graham Number ratio of The Torigoe Co was 1.09. The lowest was 0.51. And the median was 0.73.

TSE:2009's Price-to-Graham-Number is ranked better than
67.65% of 1385 companies
in the Consumer Packaged Goods industry
Industry Median: 1.13 vs TSE:2009: 0.83

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


The Torigoe Co  (TSE:2009) 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.

The Torigoe Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=1097.00/1,320.34
=0.83

* 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.


The Torigoe Co Graham Number Related Terms


The Torigoe Co Graham Number Historical Data

* Premium members only.

The historical data trend for The Torigoe 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.

The Torigoe Co Graham Number Chart

The Torigoe Co 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 1,038.91 1,173.53 1,135.84 1,087.08 1,290.36

The Torigoe Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1,219.00 1,078.11 1,290.36 1,287.95 1,320.34

TSE:2009 vs KHC, GIS: Graham Number Comparison

For the Packaged Foods subindustry, The Torigoe 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.


The Torigoe Co Price-to-Graham-Number vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Torigoe Co's Price-to-Graham-Number distribution charts can be found below:

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


TSE:2009
67GF Score
The Torigoe Co Ltd TSE:2009
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Torigoe Co Graham Number Calculation

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

The Torigoe Co'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*1565.164*47.28)
=1,290.36

The Torigoe Co's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1583.527*48.929)
=1,320.34

* 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 円1,320.34 mean?
The Torigoe Co (TSE:2009) has a Graham Number of 円1,320.34 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on The Torigoe Co and its competitors. According to the industry distribution chart, The Torigoe Co ranks #448 out of 1385 companies in the Consumer Packaged Goods industry, placing it in the top 32.3%.
Is The Torigoe Co's Graham Number too high?
The Torigoe Co's current Graham Number is 円1,320.34. Based on the distribution chart, The Torigoe Co ranks #448 out of 1385 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, The Torigoe Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Torigoe Co's Graham Number compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, The Torigoe Co ranks #448 out of 1385 companies for Graham Number. This puts The Torigoe Co in the upper half of its industry. The industry median Graham Number is 1.13. 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 Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.13, based on 1,385 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 The Torigoe Co and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Torigoe Co's current Graham Number is 円1,320.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Torigoe Co stock overvalued right now?
Based on GuruFocus' analysis, The Torigoe Co (TSE:2009) is currently considered Significantly Overvalued. The stock's GF Value™ is 円771.77, compared to a current price of 円1,097.00 — trading 42.1% above its estimated fair value. The current Graham Number is 円1,320.34. The Torigoe Co's overall GF Score™ is 67/100 with 4 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 The Torigoe Co (TSE:2009), the current Graham Number is 円1,320.34 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 The Torigoe Co (TSE:2009) Overvalued in 2026?

Based on GuruFocus' analysis, The Torigoe Co stock appears to be overvalued. The current stock price of 円1,097.00 is trading 42.1% above its estimated GF Value™ of 円771.77. GuruFocus considers The Torigoe Co to be Significantly Overvalued.

Key valuation signals for TSE:2009:

  • Graham Number: 円1,320.34
  • GF Value™: 円771.77 vs. price of 円1,097.00 (42.1% above fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the TSE:2009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Torigoe Co Business Description

Address 5-1, Hie-machi, Hakata-ku, Fukuoka-shi, JPN, 812-0014
The Torigoe Co Ltd is engaged in the manufacture and sale of flour products in Japan. The company offers flours(wheat, rye), wheat bran premixes, bakery ingredients, improvers, additives, frozen foods, functional food and health food products.
67GF Score

Get the complete analysis for TSE:2009

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

円1,097.00
Price
円771.77
GF Value