Gala (TSE:4777) Graham Number: 円N/A (As of Dec. 2025)

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:4777 Gala Inc TSE:4777
50 GF Score
Price 円200.00
GF Value 円298.36
Valuation Possible Value Trap
! 6 Warning Signs
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What is Gala Graham Number?

Gala TSE:4777 -0.50% 50 Graham Number is 円N/A as of Dec. 2025. GuruFocus rates TSE:4777 with a GF Score™ of 50/100 and a GF Value™ of 円298.36 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 278 Interactive Media companies, Gala ranks worse than 65.11% 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 Gala is 円200.00. Gala's graham number for the quarter that ended in Dec. 2025 was 円N/A. Therefore, Gala's Price to Graham Number ratio for today is 1.71.

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

TSE:4777' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.8   Med: 3.73   Max: 11.35
Current: 1.8

During the past 13 years, the highest Price to Graham Number ratio of Gala was 11.35. The lowest was 1.80. And the median was 3.73.

TSE:4777's Price-to-Graham-Number is ranked worse than
65.11% of 278 companies
in the Interactive Media industry
Industry Median: 1.36 vs TSE:4777: 1.80

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


Gala  (TSE:4777) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=200.00/116.63
=1.71

* 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.


Gala Graham Number Related Terms


Gala Graham Number Historical Data

* Premium members only.

The historical data trend for Gala'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.

Gala Graham Number Chart

Gala Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 168.27 0.00

Gala Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 111.23

TSE:4777 vs NTES, EA, TTWO: Graham Number Comparison

For the Electronic Gaming & Multimedia subindustry, Gala'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.


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

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

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


TSE:4777
50GF Score
Gala Inc TSE:4777
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Gala Graham Number Calculation

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

Gala's Graham Number for the fiscal year that ended in Dec. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*33.042*-18.48)
=N/A

Gala's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*15.869*38.098)
=116.63

* 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?
Gala (TSE:4777) has a Graham Number of 円N/A as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Gala and its competitors. Over the past decade, Gala's Graham Number has ranged from 1.80 to 11.35. According to the industry distribution chart, Gala ranks #181 out of 278 companies in the Interactive Media industry, placing it in the top 65.1%.
Is Gala's Graham Number too high?
Gala's current Graham Number is 円N/A. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 11.35. Based on the distribution chart, Gala ranks #181 out of 278 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Gala has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gala's Graham Number compare to NTES and EA?
According to the Interactive Media industry distribution chart, Gala ranks #181 out of 278 companies for Graham Number. This places Gala in the lower half of its industry. The industry median Graham Number is 1.36. Historically, Gala's own Graham Number has ranged from 1.80 to 11.35 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 Gala 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. Gala'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 Gala stock overvalued right now?
Based on GuruFocus' analysis, Gala (TSE:4777) is currently considered Possible Value Trap. The stock's GF Value™ is 円298.36, compared to a current price of 円200.00 — trading 33% below its estimated fair value. The current Graham Number is 円N/A. Gala's overall GF Score™ is 50/100 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 Gala (TSE:4777), the current Graham Number is 円N/A as of Dec. 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 Gala (TSE:4777) Overvalued in 2026?

Based on GuruFocus' analysis, Gala stock appears to be undervalued. The current stock price of 円200.00 is trading 33% below its estimated GF Value™ of 円298.36. GuruFocus considers Gala to be Possible Value Trap.

Key valuation signals for TSE:4777:

  • Graham Number: 円N/A
  • GF Value™: 円298.36 vs. price of 円200.00 (33% below fair value)
  • GF Score™: 50/100 with 6 warning signs

No single metric tells the full story. See the TSE:4777 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gala Business Description

Address 3-11-11 Shibuya, Shibuya-ku, IVY East Building, 3rd floor, Tokyo, JPN, 150-2000
Gala Inc is engaged in the development of smartphone applications, operation support, provision of services and development of online games, operation support, provision of services. Its online games include flyff, rappelz, gpotato.
50GF Score

Get the complete analysis for TSE:4777

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

円200.00
Price
円298.36
GF Value