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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.
As of today (2026-09-07), the stock price of Sanwayuka Industry is 円3840.00. Sanwayuka Industry's graham number for the quarter that ended in Mar. 2026 was 円3,983.85. Therefore, Sanwayuka Industry's Price to Graham Number ratio for today is 0.96.
The historical rank and industry rank for Sanwayuka Industry's Graham Number or its related term are showing as below:
TSE:4125'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.52 Med: 0.79 Max: 1.02
Current: 0.96
During the past 7 years, the highest Price to Graham Number ratio of Sanwayuka Industry was 1.02. The lowest was 0.52. And the median was 0.79.
TSE:4125's Price-to-Graham-Number is ranked better than 67.91% of 134
companies
in the Waste Management industry
Industry Median: 1.335
vs TSE:4125: 0.96
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Sanwayuka Industry (TSE:4125) 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.
Sanwayuka Industry's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
3840.00
/
3,983.85
=
0.96
* 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.
Sanwayuka Industry Graham Number Related Terms
Sanwayuka Industry Graham Number Historical Data
* Premium members only.
The historical data trend for Sanwayuka Industry'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:4125 vs WM, RSG, WCN: Graham Number Comparison
For the Waste Management subindustry, Sanwayuka Industry'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.
Sanwayuka Industry Price-to-Graham-Number vs Waste Management Industry
For the Waste Management industry and Industrials sector, Sanwayuka Industry's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Sanwayuka Industry'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.
Sanwayuka Industry (TSE:4125) has a Graham Number of 円3,983.85 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Sanwayuka Industry and its competitors. According to the industry distribution chart, Sanwayuka Industry ranks #43 out of 134 companies in the Waste Management industry, placing it in the top 32.1%.
Is Sanwayuka Industry's Graham Number too high?
Sanwayuka Industry's current Graham Number is 円3,983.85. Based on the distribution chart, Sanwayuka Industry ranks #43 out of 134 companies in the Waste Management industry, which is above the industry midpoint. Overall, Sanwayuka Industry has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanwayuka Industry's Graham Number compare to WM and RSG?
According to the Waste Management industry distribution chart, Sanwayuka Industry ranks #43 out of 134 companies for Graham Number. This puts Sanwayuka Industry in the upper half of its industry. The industry median Graham Number is 1.34. 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 Waste Management company?
The median Graham Number among Waste Management companies is 1.34, based on 134 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 Sanwayuka Industry and its competitors. For the Waste Management industry, the median Graham Number is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanwayuka Industry's current Graham Number is 円3,983.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanwayuka Industry stock overvalued right now?
Based on GuruFocus' analysis, Sanwayuka Industry (TSE:4125) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,310.10, compared to a current price of 円3,840.00 — trading 16% above its estimated fair value. The current Graham Number is 円3,983.85. Sanwayuka Industry's overall GF Score™ is 74/100 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 Sanwayuka Industry (TSE:4125), the current Graham Number is 円3,983.85 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 Sanwayuka Industry (TSE:4125) Overvalued in 2026?
Based on GuruFocus' analysis, Sanwayuka Industry stock appears to be overvalued.
The current stock price of 円3,840.00 is trading 16% above its estimated GF Value™ of 円3,310.10.
GuruFocus considers Sanwayuka Industry to be Modestly Overvalued.
Key valuation signals for TSE:4125:
Graham Number: 円3,983.85
GF Value™: 円3,310.10 vs. price of 円3,840.00 (16% above fair value)
No single metric tells the full story. See the TSE:4125 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sanwayuka Industry Corp is engaged in the manufacturing and sale of chemicals and oil products, collecting industrial waste after use, and provides intermediate disposal and recycling services. It mainly operates in five business areas: reuse, recycling, chemical, automotive, and engineering. The reuse business, which is the company's primary source of revenue, collects industrial waste like used solvents, acids, and metals from factories. This waste is processed at the company's facilities and then turned into recycled products, which are either reused for their original purpose or used to make things like paint, cleaning supplies, or surface treatment materials. The firm operates in a single segment, the Environment-related business.
74GF Score
Get the complete analysis for TSE:4125
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