TEMONA (TSE:3985) Graham Number: 円N/A (As of Mar. 2026)

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:3985 TEMONA Inc TSE:3985
59 GF Score
Price 円184.00
GF Value 円191.33
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is TEMONA Graham Number?

TEMONA TSE:3985 +2.22% 59 Graham Number is 円N/A as of Mar. 2026. GuruFocus rates TSE:3985 with a GF Score™ of 59/100 and a GF Value™ of 円191.33 (Fairly Valued). The stock has 4 warning signs investors should review. Among 278 Interactive Media companies, TEMONA ranks worse than 359711.87% 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 (2026-08-24), the stock price of TEMONA is 円184.00. TEMONA's graham number for the quarter that ended in Mar. 2026 was 円N/A. Therefore, TEMONA's Price to Graham Number ratio for today is N/A.

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

During the past 11 years, the highest Price to Graham Number ratio of TEMONA was 9.56. The lowest was 1.92. And the median was 3.71.

TSE:3985's Price-to-Graham-Number is not ranked *
in the Interactive Media industry.
Industry Median: 1.36
* 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.


TEMONA  (TSE:3985) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=184.00/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.


TEMONA Graham Number Related Terms


TEMONA Graham Number Historical Data

* Premium members only.

The historical data trend for TEMONA'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.

TEMONA Graham Number Chart

TEMONA Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 267.14 0.00 0.00 0.00 90.46

TEMONA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 49.95 0.00 0.00

TSE:3985 vs GOOGL, META, SPOT: Graham Number Comparison

For the Internet Content & Information subindustry, TEMONA'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.


TEMONA Price-to-Graham-Number vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, TEMONA's Price-to-Graham-Number distribution charts can be found below:

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


TSE:3985
59GF Score
TEMONA Inc TSE:3985
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TEMONA Graham Number Calculation

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

TEMONA's Graham Number for the fiscal year that ended in Sep. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*56.094*6.483)
=90.46

TEMONA'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*54.249*-5.561)
=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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of 円N/A mean?
TEMONA (TSE:3985) has a Graham Number of 円N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on TEMONA and its competitors. Over the past decade, TEMONA's Graham Number has ranged from 1.92 to 9.56. According to the industry distribution chart, TEMONA ranks #999999 out of 278 companies in the Interactive Media industry.
Is TEMONA's Graham Number too high?
TEMONA's current Graham Number is 円N/A. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 9.56. Based on the distribution chart, TEMONA ranks #999999 out of 278 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, TEMONA has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TEMONA's Graham Number compare to GOOGL and META?
According to the Interactive Media industry distribution chart, TEMONA ranks #999999 out of 278 companies for Graham Number. This places TEMONA in the lower half of its industry. The industry median Graham Number is 1.36. Historically, TEMONA's own Graham Number has ranged from 1.92 to 9.56 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 an Interactive Media company?
The median Graham Number among Interactive Media companies is 1.36, based on 278 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 TEMONA and its competitors. For the Interactive Media industry, the median Graham Number is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TEMONA'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 TEMONA stock overvalued right now?
Based on GuruFocus' analysis, TEMONA (TSE:3985) is currently considered Fairly Valued. The stock's GF Value™ is 円191.33, compared to a current price of 円184.00 — trading 3.8% below its estimated fair value. The current Graham Number is 円N/A. TEMONA's overall GF Score™ is 59/100 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 TEMONA (TSE:3985), the current Graham Number is 円N/A 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 TEMONA (TSE:3985) Overvalued in 2026?

Based on GuruFocus' analysis, TEMONA stock appears to be undervalued. The current stock price of 円184.00 is trading 3.8% below its estimated GF Value™ of 円191.33. GuruFocus considers TEMONA to be Fairly Valued.

Key valuation signals for TSE:3985:

  • Graham Number: 円N/A
  • GF Value™: 円191.33 vs. price of 円184.00 (3.8% below fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the TSE:3985 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TEMONA Business Description

Address Main Building 9F 2-12-19 Shibuya, Temple International Building, Shibuya-ku, Tokyo, JPN, 150-0002
TEMONA Inc is engaged in the planning, design, development, operation, sales, rental of software by computer, supplementary services, consulting business, and planning, sales and mediation of information media of advertisement, publicity using internet. Its segments include: EC support business; and Engineering business.
59GF Score

Get the complete analysis for TSE:3985

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

円184.00
Price
円191.33
GF Value