MRSO (TSE:5619) Graham Number: 円70.37 (As of Jun. 2026)

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:5619 MRSO Inc TSE:5619
40 GF Score
Price 円854.00
GF Value 円666.50
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is MRSO Graham Number?

MRSO TSE:5619 +0.12% 40 Graham Number is 円70.37 as of Jun. 2026. GuruFocus rates TSE:5619 with a GF Score™ of 40/100 and a GF Value™ of 円666.50 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 376 Healthcare Providers & Services companies, MRSO ranks worse than 265957.18% 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 (2026-09-03), the stock price of MRSO is 円854.00. MRSO's graham number for the quarter that ended in Jun. 2026 was 円70.37. Therefore, MRSO's Price to Graham Number ratio for today is N/A.

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

During the past 5 years, the highest Price to Graham Number ratio of MRSO was 12.86. The lowest was 1.50. And the median was 2.28.

TSE:5619's Price-to-Graham-Number is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 1.6
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


MRSO  (TSE:5619) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=854.00/N/A
=N/A

* 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.


MRSO Graham Number Related Terms


MRSO Graham Number Historical Data

* Premium members only.

The historical data trend for MRSO'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.

MRSO Graham Number Chart

MRSO Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
1,084.75 1,187.78 1,155.16 602.32 0.00

MRSO Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Dec24 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 0.00 0.00 0.00 0.00 70.37

TSE:5619 vs VEEV, BTSG, TEM: Graham Number Comparison

For the Health Information Services subindustry, MRSO'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.


MRSO Price-to-Graham-Number vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MRSO's Price-to-Graham-Number distribution charts can be found below:

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


TSE:5619
40GF Score
MRSO Inc TSE:5619
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MRSO Graham Number Calculation

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

MRSO's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*554.465*-6.51)
=N/A

MRSO'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*550.236*-5.01)
=N/A

* 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70.37 mean?
MRSO (TSE:5619) has a Graham Number of 円70.37 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on MRSO and its competitors. According to the industry distribution chart, MRSO ranks #999999 out of 376 companies in the Healthcare Providers & Services industry.
Is MRSO's Graham Number too high?
MRSO's current Graham Number is 円70.37. Based on the distribution chart, MRSO ranks #999999 out of 376 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, MRSO has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MRSO's Graham Number compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, MRSO ranks #999999 out of 376 companies for Graham Number. This places MRSO in the lower half of its industry. The industry median Graham Number is 1.60. 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 Healthcare Providers & Services company?
The median Graham Number among Healthcare Providers & Services companies is 1.60, based on 376 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 MRSO and its competitors. For the Healthcare Providers & Services industry, the median Graham Number is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MRSO's current Graham Number is 円70.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRSO stock overvalued right now?
Based on GuruFocus' analysis, MRSO (TSE:5619) is currently considered Modestly Overvalued. The stock's GF Value™ is 円666.50, compared to a current price of 円854.00 — trading 28.1% above its estimated fair value. The current Graham Number is 円70.37. MRSO's overall GF Score™ is 40/100 with 3 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 MRSO (TSE:5619), the current Graham Number is 円70.37 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 MRSO (TSE:5619) Overvalued in 2026?

Based on GuruFocus' analysis, MRSO stock appears to be overvalued. The current stock price of 円854.00 is trading 28.1% above its estimated GF Value™ of 円666.50. GuruFocus considers MRSO to be Modestly Overvalued.

Key valuation signals for TSE:5619:

  • Graham Number: 円70.37
  • GF Value™: 円666.50 vs. price of 円854.00 (28.1% above fair value)
  • GF Score™: 40/100 with 3 warning signs

No single metric tells the full story. See the TSE:5619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MRSO Business Description

Address Shiroyama Trust Tower 17th floor, 4-3-1 Toranomon, Minato-ku, Tokyo, JPN, 105-6017
MRSO Inc operates a healthcare platform and provides vertical SaaS solutions for medical institutions, government entities, and corporations. The company offers a preventive medical platform that enables reservations for medical checkups and various cancer screenings. It also provides administrative DX services that support tasks carried out by local governments, including the acceptance of reservations for resident health checkups and vaccinations. These administrative DX services are used by local governments across regions with varying population sizes.
40GF Score

Get the complete analysis for TSE:5619

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

円854.00
Price
円666.50
GF Value