Wellness Communications (TSE:366A) Graham Number: 円620.67 (As of Mar. 2026) — 39433% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:366A Wellness Communications Corp TSE:366A
48 GF Score
Price 円1,015.00
! 1 Warning Sign
View Full Analysis

What is Wellness Communications Graham Number?

Wellness Communications TSE:366A -0.29% 48 Graham Number is 円620.67 as of Mar. 2026, which is 100% below its 10-year median of 1.57. GuruFocus rates TSE:366A with a GF Score™ of 48/100. The stock has 1 warning sign investors should review. Among 368 Healthcare Providers & Services companies, Wellness Communications ranks better than 50.82% 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 (2026-08-06), the stock price of Wellness Communications is 円1015.00. Wellness Communications's graham number for the quarter that ended in Mar. 2026 was 円620.67. Therefore, Wellness Communications's Price to Graham Number ratio for today is 1.64.

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

TSE:366A' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.57   Med: 1.57   Max: 1.64
Current: 1.64

During the past 6 years, the highest Price to Graham Number ratio of Wellness Communications was 1.64. The lowest was 1.57. And the median was 1.57.

TSE:366A's Price-to-Graham-Number is ranked better than
50.82% of 368 companies
in the Healthcare Providers & Services industry
Industry Median: 1.665 vs TSE:366A: 1.64

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


Wellness Communications  (TSE:366A) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=1015.00/620.67
=1.64

* 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.


Wellness Communications Graham Number Related Terms


Wellness Communications Graham Number Historical Data

* Premium members only.

The historical data trend for Wellness Communications'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.

Wellness Communications Graham Number Chart

Wellness Communications Annual Data
Trend Mar20 Mar21 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial 274.28 393.98 497.32 597.44 624.00

Wellness Communications Semi-Annual Data
Mar20 Mar21 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Graham Number Get a 7-Day Free Trial 0.00 0.00 597.44 784.57 620.67

TSE:366A vs VEEV, BTSG, HQY: Graham Number Comparison

For the Health Information Services subindustry, Wellness Communications'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.


Wellness Communications Price-to-Graham-Number vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wellness Communications's Price-to-Graham-Number distribution charts can be found below:

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


TSE:366A
48GF Score
Wellness Communications Corp TSE:366A
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wellness Communications Graham Number Calculation

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

Wellness Communications's Graham Number for the fiscal year that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*254.009*68.13)
=624.00

Wellness Communications's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*254.009*67.405)
=620.67

* 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620.67 mean?
Wellness Communications (TSE:366A) has a Graham Number of 円620.67 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Wellness Communications and its competitors. This is 39433% above median its historical median of 1.57. Over the past decade, Wellness Communications' Graham Number has ranged from 1.57 to 1.64. According to the industry distribution chart, Wellness Communications ranks #181 out of 368 companies in the Healthcare Providers & Services industry, placing it in the top 49.2%.
Is Wellness Communications' Graham Number too high?
Wellness Communications' current Graham Number of 円620.67 is 39433% above median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 1.64. Based on the distribution chart, Wellness Communications ranks #181 out of 368 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Wellness Communications has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Wellness Communications' Graham Number compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Wellness Communications ranks #181 out of 368 companies for Graham Number. This puts Wellness Communications in the upper half of its industry. The industry median Graham Number is 1.67. Historically, Wellness Communications' own Graham Number has ranged from 1.57 to 1.64 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 Healthcare Providers & Services company?
The median Graham Number among Healthcare Providers & Services companies is 1.67, based on 368 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 Wellness Communications and its competitors. For the Healthcare Providers & Services industry, the median Graham Number is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wellness Communications's current Graham Number is 円620.67, which is 39433% above median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wellness Communications stock overvalued right now?
Wellness Communications (TSE:366A) has a current Graham Number of 円620.67. The current Graham Number is 円620.67, which is 39433% above median its 10-year median of 1.57. Wellness Communications' overall GF Score™ is 48/100 with 1 warning sign 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 Wellness Communications (TSE:366A), the current Graham Number is 円620.67 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.

Wellness Communications Business Description

Address 1-12-32 Akasaka, Minato-ku, Tokyo, JPN, 107-6014
Wellness Communications Corp is engaged in the health management cloud business, health checkup solution business and wellness-related information/distribution and service introduction business.
48GF Score

Get the complete analysis for TSE:366A

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

円1,015.00
Price