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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 (2026-09-15), the stock price of Gendai Agency is 円471.00. Gendai Agency's graham number for the quarter that ended in Mar. 2026 was 円743.61. Therefore, Gendai Agency's Price to Graham Number ratio for today is 0.82.
The historical rank and industry rank for Gendai Agency's Graham Number or its related term are showing as below:
TSE:2411'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.8 Med: 0.93 Max: 1.42
Current: 0.82
During the past 13 years, the highest Price to Graham Number ratio of Gendai Agency was 1.42. The lowest was 0.80. And the median was 0.93.
TSE:2411's Price-to-Graham-Number is ranked better than 67.89% of 489
companies
in the Media - Diversified industry
Industry Median: 1.13
vs TSE:2411: 0.82
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Gendai Agency (TSE:2411) 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.
Gendai Agency's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
471.00
/
571.51
=
0.82
* 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.
Gendai Agency Graham Number Related Terms
Gendai Agency Graham Number Historical Data
* Premium members only.
The historical data trend for Gendai Agency'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:2411 vs APP, OMC, TTD: Graham Number Comparison
For the Advertising Agencies subindustry, Gendai Agency'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.
Gendai Agency Price-to-Graham-Number vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Gendai Agency's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Gendai Agency'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.
Gendai Agency (TSE:2411) has a Graham Number of 円743.61 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Gendai Agency and its competitors. According to the industry distribution chart, Gendai Agency ranks #157 out of 489 companies in the Media - Diversified industry, placing it in the top 32.1%.
Is Gendai Agency's Graham Number too high?
Gendai Agency's current Graham Number is 円743.61. Based on the distribution chart, Gendai Agency ranks #157 out of 489 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Gendai Agency has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gendai Agency's Graham Number compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Gendai Agency ranks #157 out of 489 companies for Graham Number. This puts Gendai Agency 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 Media - Diversified company?
The median Graham Number among Media - Diversified companies is 1.13, based on 489 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 Gendai Agency and its competitors. For the Media - Diversified 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. Gendai Agency's current Graham Number is 円743.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gendai Agency stock overvalued right now?
Based on GuruFocus' analysis, Gendai Agency (TSE:2411) is currently considered Fairly Valued. The stock's GF Value™ is 円447.40, compared to a current price of 円471.00 — trading 5.3% above its estimated fair value. The current Graham Number is 円743.61. Gendai Agency's overall GF Score™ is 70/100 with 2 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 Gendai Agency (TSE:2411), the current Graham Number is 円743.61 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 Gendai Agency (TSE:2411) Overvalued in 2026?
Based on GuruFocus' analysis, Gendai Agency stock appears to be overvalued.
The current stock price of 円471.00 is trading 5.3% above its estimated GF Value™ of 円447.40.
GuruFocus considers Gendai Agency to be Fairly Valued.
Key valuation signals for TSE:2411:
Graham Number: 円743.61
GF Value™: 円447.40 vs. price of 円471.00 (5.3% above fair value)
No single metric tells the full story. See the TSE:2411 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gendai Agency Inc is engaged in the planning and production of advertising and promotions. The company produces a range of advertisement activities and various kinds of other vehicles for communicating information to stimulate customer participation at pachinko parlors. Its business activities include outdoor advertising, advertisement tracking, newspaper and magazine advertisements, newspaper flyers, free circulation newspapers, and others.
70GF Score
Get the complete analysis for TSE:2411
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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