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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.
TSE:4745'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.24 Med: 2.28 Max: 4.88
Current: 1.59
During the past 13 years, the highest Price to Graham Number ratio of Tokyo Individualized Educational Institute was 4.88. The lowest was 1.24. And the median was 2.28.
TSE:4745's Price-to-Graham-Number is not ranked
in the Education industry.
Industry Median: 1.17
vs TSE:4745: 1.59
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Tokyo Individualized Educational Institute (TSE:4745) 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.
Tokyo Individualized Educational Institute's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Aug. 2025 )
=
444.00
/
278.85
=
1.59
* 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.
Tokyo Individualized Educational Institute Graham Number Related Terms
Tokyo Individualized Educational Institute Graham Number Historical Data
* 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.
Tokyo Individualized Educational Institute Graham Number Chart
Tokyo Individualized Educational Institute Annual Data
TSE:4745 vs EDU, TAL, LAUR: Graham Number Comparison
For the Education & Training Services subindustry, Tokyo Individualized Educational Institute'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.
Tokyo Individualized Educational Institute Price-to-Graham-Number vs Education Industry
* 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.
Tokyo Individualized Educational Institute (TSE:4745) has a Graham Number of 円278.85 as of Aug. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Tokyo Individualized Educational Institute and its competitors. This is 12130% above median its historical median of 2.28. Over the past decade, Tokyo Individualized Educational Institute's Graham Number has ranged from 1.24 to 4.88.
Is Tokyo Individualized Educational Institute's Graham Number too high?
Tokyo Individualized Educational Institute's current Graham Number of 円278.85 is 12130% above median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 4.88. Overall, Tokyo Individualized Educational Institute has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Individualized Educational Institute's Graham Number compare to EDU and TAL?
Tokyo Individualized Educational Institute's Graham Number of 円278.85 can be compared against companies in the Education industry. The industry median Graham Number is 1.17. Historically, Tokyo Individualized Educational Institute's own Graham Number has ranged from 1.24 to 4.88 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 Education company?
The median Graham Number among Education companies is 1.17, based on 159 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 Tokyo Individualized Educational Institute and its competitors. For the Education industry, the median Graham Number is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Individualized Educational Institute's current Graham Number is 円278.85, which is 12130% above median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Individualized Educational Institute stock overvalued right now?
Tokyo Individualized Educational Institute (TSE:4745) has a current Graham Number of 円278.85. The stock's GF Value™ is 円467.68, compared to a current price of 円444.00 — trading 5.1% below its estimated fair value. The current Graham Number is 円278.85, which is 12130% above median its 10-year median of 2.28. Tokyo Individualized Educational Institute's overall GF Score™ is 68/100 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 Tokyo Individualized Educational Institute (TSE:4745), the current Graham Number is 円278.85 as of Aug. 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.
Is Tokyo Individualized Educational Institute (TSE:4745) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Individualized Educational Institute stock appears to be undervalued.
The current stock price of 円444.00 is trading 5.1% below its estimated GF Value™ of 円467.68.
Key valuation signals for TSE:4745:
Graham Number: 円278.85 (12130% above median its 10-year median of 2.28)
GF Value™: 円467.68 vs. price of 円444.00 (5.1% below fair value)
No single metric tells the full story. See the TSE:4745 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Individualized Educational Institute Inc is a Japan based company engaged in providing educational services. It operates private preparatory schools; and provides semi-private tutorial services in Tokyo, Kansai, Tokai, and Kyushu areas.
68GF Score
Get the complete analysis for TSE:4745
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