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Orion BreweriesTSE:409A -0.33%11 Graham Number is 円N/A as of Sep. 2025. GuruFocus rates TSE:409A with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 133 Beverages - Alcoholic companies, Orion Breweries ranks worse than 53.38% 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 (2026-08-23), the stock price of Orion Breweries is 円1195.00. Orion Breweries's graham number for the quarter that ended in Sep. 2025 was 円N/A. Therefore, Orion Breweries's Price to Graham Number ratio for today is 1.50.
The historical rank and industry rank for Orion Breweries's Graham Number or its related term are showing as below:
TSE:409A'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.49 Med: 2.68 Max: 2.68
Current: 1.49
During the past 2 years, the highest Price to Graham Number ratio of Orion Breweries was 2.68. The lowest was 1.49. And the median was 2.68.
TSE:409A's Price-to-Graham-Number is ranked worse than 53.38% of 133
companies
in the Beverages - Alcoholic industry
Industry Median: 1.41
vs TSE:409A: 1.49
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Orion Breweries (TSE:409A) 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.
Orion Breweries's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Sep. 2025 )
=
1195.00
/
797.58
=
1.50
* 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.
Orion Breweries Graham Number Related Terms
Orion Breweries Graham Number Historical Data
* Premium members only.
The historical data trend for Orion Breweries'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.
Orion Breweries Graham Number Chart
Orion Breweries Annual Data
Trend
Mar24
Mar25
Graham Number
898.84
743.77
Orion Breweries Quarterly Data
Mar24
Mar25
Jun25
Sep25
Dec25
Graham Number
0.00
0.00
0.00
0.00
800.87
TSE:409A vs STZ, TAP: Graham Number Comparison
For the Beverages - Brewers subindustry, Orion Breweries'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.
Orion Breweries Price-to-Graham-Number vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Orion Breweries's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Orion Breweries'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.
Orion Breweries (TSE:409A) has a Graham Number of 円N/A as of Sep. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Orion Breweries and its competitors. Over the past decade, Orion Breweries' Graham Number has ranged from 1.49 to 2.68. According to the industry distribution chart, Orion Breweries ranks #71 out of 133 companies in the Beverages - Alcoholic industry, placing it in the top 53.4%.
Is Orion Breweries' Graham Number too high?
Orion Breweries' current Graham Number is 円N/A. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 2.68. Based on the distribution chart, Orion Breweries ranks #71 out of 133 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Orion Breweries has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Orion Breweries' Graham Number compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Orion Breweries ranks #71 out of 133 companies for Graham Number. This places Orion Breweries in the lower half of its industry. The industry median Graham Number is 1.41. Historically, Orion Breweries' own Graham Number has ranged from 1.49 to 2.68 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 Beverages - Alcoholic company?
The median Graham Number among Beverages - Alcoholic companies is 1.41, based on 133 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 Orion Breweries and its competitors. For the Beverages - Alcoholic industry, the median Graham Number is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orion Breweries'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 Orion Breweries stock overvalued right now?
Orion Breweries (TSE:409A) has a current Graham Number of 円N/A. The current Graham Number is 円N/A. Orion Breweries' overall GF Score™ is 11/100 with 2 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 Orion Breweries (TSE:409A), the current Graham Number is 円N/A as of Sep. 2025. 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.
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