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.
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.
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 (2026-08-30), the stock price of CAVE Interactive Co is 円722.00. CAVE Interactive Co's graham number for the quarter that ended in Feb. 2026 was 円N/A. Therefore, CAVE Interactive Co's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for CAVE Interactive Co's Graham Number or its related term are showing as below:
During the past 13 years, the highest Price to Graham Number ratio of CAVE Interactive Co was 2.81. The lowest was 0.59. And the median was 0.90.
TSE:3760's Price-to-Graham-Number is not ranked *
in the Interactive Media industry.
Industry Median: 1.4 * Ranked among companies with meaningful Price-to-Graham-Number only.
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
CAVE Interactive Co (TSE:3760) 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.
CAVE Interactive Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Feb. 2026 )
=
722.00
/
N/A
=
N/A
* 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.
CAVE Interactive Co Graham Number Related Terms
CAVE Interactive Co Graham Number Historical Data
* Premium members only.
The historical data trend for CAVE Interactive 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.
TSE:3760 vs NTES, EA, TTWO: Graham Number Comparison
For the Electronic Gaming & Multimedia subindustry, CAVE Interactive 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.
CAVE Interactive Co Price-to-Graham-Number vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, CAVE Interactive Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where CAVE Interactive 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.
CAVE Interactive Co (TSE:3760) has a Graham Number of 円N/A as of Feb. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on CAVE Interactive Co and its competitors. According to the industry distribution chart, CAVE Interactive Co ranks #999999 out of 275 companies in the Interactive Media industry.
Is CAVE Interactive Co's Graham Number too high?
CAVE Interactive Co's current Graham Number is 円N/A. Based on the distribution chart, CAVE Interactive Co ranks #999999 out of 275 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, CAVE Interactive Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CAVE Interactive Co's Graham Number compare to NTES and EA?
According to the Interactive Media industry distribution chart, CAVE Interactive Co ranks #999999 out of 275 companies for Graham Number. This places CAVE Interactive Co in the lower half of its industry. The industry median Graham Number is 1.40. 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 an Interactive Media company?
The median Graham Number among Interactive Media companies is 1.40, based on 275 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 CAVE Interactive Co and its competitors. For the Interactive Media industry, the median Graham Number is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAVE Interactive Co's current Graham Number is 円N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAVE Interactive Co stock overvalued right now?
Based on GuruFocus' analysis, CAVE Interactive Co (TSE:3760) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,120.92, compared to a current price of 円722.00 — trading 35.6% below its estimated fair value. The current Graham Number is 円N/A. CAVE Interactive Co's overall GF Score™ is 50/100 with 5 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 CAVE Interactive Co (TSE:3760), the current Graham Number is 円N/A 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 CAVE Interactive Co (TSE:3760) Overvalued in 2026?
Based on GuruFocus' analysis, CAVE Interactive Co stock appears to be undervalued.
The current stock price of 円722.00 is trading 35.6% below its estimated GF Value™ of 円1,120.92.
GuruFocus considers CAVE Interactive Co to be Possible Value Trap.
Key valuation signals for TSE:3760:
Graham Number: 円N/A
GF Value™: 円1,120.92 vs. price of 円722.00 (35.6% below fair value)
No single metric tells the full story. See the TSE:3760 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CAVE Interactive Co Ltd is a game creator. It is engaged in business such as mobile entertainment, content media and entertainment marketing, business planning, production management. It provides mobile media entertainment content. It develops music, social media applications, and online games, arcade video games such as deathsmiles, espagaluda, dodonpachi resurrection and shin megami.
50GF Score
Get the complete analysis for TSE:3760
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3760 has been successfully added to your 
