Intermestic (TSE:262A) Graham Number: 円204.41 (As of Jun. 2026)

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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:262A Intermestic Inc TSE:262A
16 GF Score
Price 円1,815.00
! 4 Warning Signs
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What is Intermestic Graham Number?

Intermestic TSE:262A -1.68% 16 Graham Number is 円204.41 as of Jun. 2026. GuruFocus rates TSE:262A with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 406 Medical Devices & Instruments companies, Intermestic ranks worse than 96.31% 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 (2026-08-28), the stock price of Intermestic is 円1815.00. Intermestic's graham number for the quarter that ended in Jun. 2026 was 円204.41. Therefore, Intermestic's Price to Graham Number ratio for today is 7.48.

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

TSE:262A' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.44   Med: 2.04   Max: 9.99
Current: 8.88

During the past 4 years, the highest Price to Graham Number ratio of Intermestic was 9.99. The lowest was 1.44. And the median was 2.04.

TSE:262A's Price-to-Graham-Number is ranked worse than
96.31% of 406 companies
in the Medical Devices & Instruments industry
Industry Median: 1.83 vs TSE:262A: 8.88

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


Intermestic  (TSE:262A) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=1815.00/242.74
=7.48

* 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.


Intermestic Graham Number Related Terms


Intermestic Graham Number Historical Data

* Premium members only.

The historical data trend for Intermestic'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.

Intermestic Graham Number Chart

Intermestic Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Graham Number
395.21 740.01 1,558.09 319.17

Intermestic Quarterly Data
Dec22 Dec23 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,188.91 1,592.75 319.17 0.00 204.41

TSE:262A vs ISRG, BDX, MDLN: Graham Number Comparison

For the Medical Instruments & Supplies subindustry, Intermestic'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.


Intermestic Price-to-Graham-Number vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Intermestic's Price-to-Graham-Number distribution charts can be found below:

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


TSE:262A
16GF Score
Intermestic Inc TSE:262A
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Intermestic Graham Number Calculation

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

Intermestic'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*34.248*132.196)
=319.17

Intermestic'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*19.34*135.409)
=242.74

* 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204.41 mean?
Intermestic (TSE:262A) has a Graham Number of 円204.41 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Intermestic and its competitors. According to the industry distribution chart, Intermestic ranks #391 out of 406 companies in the Medical Devices & Instruments industry, placing it in the top 96.3%.
Is Intermestic's Graham Number too high?
Intermestic's current Graham Number is 円204.41. Based on the distribution chart, Intermestic ranks #391 out of 406 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Intermestic has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Intermestic's Graham Number compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Intermestic ranks #391 out of 406 companies for Graham Number. This places Intermestic in the lower half of its industry. The industry median Graham Number is 1.83. 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 Medical Devices & Instruments company?
The median Graham Number among Medical Devices & Instruments companies is 1.83, based on 406 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 Intermestic and its competitors. For the Medical Devices & Instruments industry, the median Graham Number is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intermestic's current Graham Number is 円204.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intermestic stock overvalued right now?
Intermestic (TSE:262A) has a current Graham Number of 円204.41. The current Graham Number is 円204.41. Intermestic's overall GF Score™ is 16/100 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 Intermestic (TSE:262A), the current Graham Number is 円204.41 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.

Intermestic Business Description

Address 3-6-1 Oak Omotesando, Minato-ku Kita-Aoyama, 6th Floor, Tokyo, JPN, 107-0061
Intermestic Inc is engaged in the manufacture, sale, and import/export of eyeglasses, sunglasses, lenses, frames, and related accessories.
16GF Score

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

円1,815.00
Price