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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.
The historical rank and industry rank for Doutor Nichires Holdings Co's Graham Number or its related term are showing as below:
TSE:3087'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.65 Med: 0.85 Max: 1.1
Current: 1.01
During the past 13 years, the highest Price to Graham Number ratio of Doutor Nichires Holdings Co was 1.10. The lowest was 0.65. And the median was 0.85.
TSE:3087's Price-to-Graham-Number is ranked better than 74.52% of 208
companies
in the Restaurants industry
Industry Median: 1.675
vs TSE:3087: 1.01
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Doutor Nichires Holdings Co (TSE:3087) 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.
Doutor Nichires Holdings Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Feb. 2026 )
=
3410.00
/
3,336.80
=
1.02
* 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.
Doutor Nichires Holdings Co Graham Number Related Terms
Doutor Nichires Holdings Co 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.
TSE:3087 vs MCD, SBUX, YUM: Graham Number Comparison
For the Restaurants subindustry, Doutor Nichires Holdings 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.
Doutor Nichires Holdings Co Price-to-Graham-Number vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Doutor Nichires Holdings Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Doutor Nichires Holdings Co'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.
Doutor Nichires Holdings Co (TSE:3087) has a Graham Number of 円3,196.39 as of Feb. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Doutor Nichires Holdings Co and its competitors. According to the industry distribution chart, Doutor Nichires Holdings Co ranks #53 out of 208 companies in the Restaurants industry, placing it in the top 25.5%.
Is Doutor Nichires Holdings Co's Graham Number too high?
Doutor Nichires Holdings Co's current Graham Number is 円3,196.39. Based on the distribution chart, Doutor Nichires Holdings Co ranks #53 out of 208 companies in the Restaurants industry, which is above the industry midpoint. Overall, Doutor Nichires Holdings Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Doutor Nichires Holdings Co's Graham Number compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Doutor Nichires Holdings Co ranks #53 out of 208 companies for Graham Number. This puts Doutor Nichires Holdings Co in the upper half of its industry. The industry median Graham Number is 1.68. 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 Restaurants company?
The median Graham Number among Restaurants companies is 1.68, based on 208 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 Doutor Nichires Holdings Co and its competitors. For the Restaurants industry, the median Graham Number is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Doutor Nichires Holdings Co's current Graham Number is 円3,196.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doutor Nichires Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Doutor Nichires Holdings Co (TSE:3087) is currently considered Significantly Overvalued. The stock's GF Value™ is 円281.82, compared to a current price of 円3,410.00 — trading 1110% above its estimated fair value. The current Graham Number is 円3,196.39. Doutor Nichires Holdings Co's overall GF Score™ is 58/100 with 6 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 Doutor Nichires Holdings Co (TSE:3087), the current Graham Number is 円3,196.39 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 Doutor Nichires Holdings Co (TSE:3087) Overvalued in 2026?
Based on GuruFocus' analysis, Doutor Nichires Holdings Co stock appears to be overvalued.
The current stock price of 円3,410.00 is trading 1110% above its estimated GF Value™ of 円281.82.
GuruFocus considers Doutor Nichires Holdings Co to be Significantly Overvalued.
Key valuation signals for TSE:3087:
Graham Number: 円3,196.39
GF Value™: 円281.82 vs. price of 円3,410.00 (1110% above fair value)
No single metric tells the full story. See the TSE:3087 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Doutor Nichires Holdings Co Ltd operate restaurants & coffee shops, manufactures bread & confectionery products, roasts coffee, imports & exports food, & manages franchise chains. The company's coffee shops & restaurants operate mainly in Japan under dozens of brand names that specialized in specific coffee and food types in the following categories: Italian coffee & sandwiches, Italian pasta, American food & coffee, Hawaiian coffee, & many others. Its business segments are: Restaurant System Group, which mainly operates restaurant chains with directly managed stores & the handling of ingredients. The Doutor Coffee Group operates coffee chains through its own stores & franchise system. Other refers to retail & wholesale business activities related to the food service industry.
58GF Score
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