Sekisui Kasei Co (TSE:4228) Graham Number: 円1,550.62 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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:4228 Sekisui Kasei Co Ltd TSE:4228
53 GF Score
Price 円586.00
GF Value 円341.78
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Sekisui Kasei Co Graham Number?

Sekisui Kasei Co TSE:4228 -1.51% 53 Graham Number is 円1,550.62 as of Jun. 2026. GuruFocus rates TSE:4228 with a GF Score™ of 53/100 and a GF Value™ of 円341.78 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,201 Chemicals companies, Sekisui Kasei Co ranks better than 95% 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 (2026-08-29), the stock price of Sekisui Kasei Co is 円586.00. Sekisui Kasei Co's graham number for the quarter that ended in Jun. 2026 was 円1,550.62. Therefore, Sekisui Kasei Co's Price to Graham Number ratio for today is 0.38.

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

TSE:4228' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.31   Med: 0.62   Max: 5.74
Current: 0.38

During the past 13 years, the highest Price to Graham Number ratio of Sekisui Kasei Co was 5.74. The lowest was 0.31. And the median was 0.62.

TSE:4228's Price-to-Graham-Number is ranked better than
95% of 1201 companies
in the Chemicals industry
Industry Median: 1.45 vs TSE:4228: 0.38

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


Sekisui Kasei Co  (TSE:4228) 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.

Sekisui Kasei Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=586.00/1,550.62
=0.38

* 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.


Sekisui Kasei Co Graham Number Related Terms


Sekisui Kasei Co Graham Number Historical Data

* Premium members only.

The historical data trend for Sekisui Kasei 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.

Sekisui Kasei Co Graham Number Chart

Sekisui Kasei Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 635.02 0.00 914.49

Sekisui Kasei Co 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 0.00 1,380.27 1,550.62

TSE:4228 vs LIN, SHW, ECL: Graham Number Comparison

For the Specialty Chemicals subindustry, Sekisui Kasei 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.


Sekisui Kasei Co Price-to-Graham-Number vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sekisui Kasei Co's Price-to-Graham-Number distribution charts can be found below:

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


TSE:4228
53GF Score
Sekisui Kasei Co Ltd TSE:4228
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sekisui Kasei Co Graham Number Calculation

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

Sekisui Kasei Co'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*1065.113*34.896)
=914.49

Sekisui Kasei Co's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1113.952*95.932)
=1,550.62

* 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1,550.62 mean?
Sekisui Kasei Co (TSE:4228) has a Graham Number of 円1,550.62 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Sekisui Kasei Co and its competitors. According to the industry distribution chart, Sekisui Kasei Co ranks #60 out of 1201 companies in the Chemicals industry, placing it in the top 5%.
Is Sekisui Kasei Co's Graham Number too high?
Sekisui Kasei Co's current Graham Number is 円1,550.62. Based on the distribution chart, Sekisui Kasei Co ranks #60 out of 1201 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Sekisui Kasei Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sekisui Kasei Co's Graham Number compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sekisui Kasei Co ranks #60 out of 1201 companies for Graham Number. This places Sekisui Kasei Co in the top 5% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.45. 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 Chemicals company?
The median Graham Number among Chemicals companies is 1.45, based on 1,201 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 Sekisui Kasei Co and its competitors. For the Chemicals industry, the median Graham Number is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sekisui Kasei Co's current Graham Number is 円1,550.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sekisui Kasei Co stock overvalued right now?
Based on GuruFocus' analysis, Sekisui Kasei Co (TSE:4228) is currently considered Significantly Overvalued. The stock's GF Value™ is 円341.78, compared to a current price of 円586.00 — trading 71.5% above its estimated fair value. The current Graham Number is 円1,550.62. Sekisui Kasei Co's overall GF Score™ is 53/100 with 9 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 Sekisui Kasei Co (TSE:4228), the current Graham Number is 円1,550.62 as of Jun. 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 Sekisui Kasei Co (TSE:4228) Overvalued in 2026?

Based on GuruFocus' analysis, Sekisui Kasei Co stock appears to be overvalued. The current stock price of 円586.00 is trading 71.5% above its estimated GF Value™ of 円341.78. GuruFocus considers Sekisui Kasei Co to be Significantly Overvalued.

Key valuation signals for TSE:4228:

  • Graham Number: 円1,550.62
  • GF Value™: 円341.78 vs. price of 円586.00 (71.5% above fair value)
  • GF Score™: 53/100 with 9 warning signs

No single metric tells the full story. See the TSE:4228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sekisui Kasei Co Business Description

Address 2-4-4 Nishitenma, Kita-ku, Osaka, JPN, 530-8565
Sekisui Kasei Co Ltd is a plastic provider solution company. The company is engaged in manufacture and sale of foamed plastic and other plastic products. It operates in two segments, Human Life, and Industry. The products in human life segment include Eslen beads, Eslen sheet, Eslen wood, Interforms, ES molded products such as ES Dan mat, Eslen block used in agricultural and fishery materials, food packaging materials, distribution materials, construction materials, civil engineering materials. The products in Industry segment are Pioceran, Literon, Neomicrolen, Serpet, Techpolymer, Technogel, Techheater, Elastil, Formac, ST-LAYER used in automotive materials, vehicle parts packaging, industrial materials, industrial packaging, electronic component materials, medical and health materials.
53GF Score

Get the complete analysis for TSE:4228

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

円586.00
Price
円341.78
GF Value