JRC Co (TSE:6224) Graham Number: 円940.24 (As of Feb. 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.
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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:6224 JRC Co Ltd TSE:6224
58 GF Score
Price 円1,202.00
GF Value 円1,456.23
Valuation Modestly Undervalued
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What is JRC Co Graham Number?

JRC Co TSE:6224 +2.06% 58 Graham Number is 円940.24 as of Feb. 2026. GuruFocus rates TSE:6224 with a GF Score™ of 58/100 and a GF Value™ of 円1,456.23 (Modestly Undervalued). Among 2,215 Industrial Products companies, JRC Co ranks better than 58.65% 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 (2026-09-08), the stock price of JRC Co is 円1202.00. JRC Co's graham number for the quarter that ended in Feb. 2026 was 円940.24. Therefore, JRC Co's Price to Graham Number ratio for today is 1.42.

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

TSE:6224' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.27   Med: 1.38   Max: 1.56
Current: 1.45

During the past 5 years, the highest Price to Graham Number ratio of JRC Co was 1.56. The lowest was 1.27. And the median was 1.38.

TSE:6224's Price-to-Graham-Number is ranked better than
58.65% of 2215 companies
in the Industrial Products industry
Industry Median: 1.75 vs TSE:6224: 1.45

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


JRC Co  (TSE:6224) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Feb. 2026 )
=1202.00/844.93
=1.42

* 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.


JRC Co Graham Number Related Terms


JRC Co Graham Number Historical Data

* Premium members only.

The historical data trend for JRC 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.

JRC Co Graham Number Chart

JRC Co Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Graham Number
490.86 689.67 660.40 726.27 940.24

JRC Co Quarterly Data
Feb22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 761.11 730.65 716.94 940.24 853.07

TSE:6224 vs GEV, ETN, PH: Graham Number Comparison

For the Specialty Industrial Machinery subindustry, JRC 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.


JRC Co Price-to-Graham-Number vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, JRC Co's Price-to-Graham-Number distribution charts can be found below:

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


TSE:6224
58GF Score
JRC Co Ltd TSE:6224
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JRC Co Graham Number Calculation

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

JRC Co's Graham Number for the fiscal year that ended in Feb. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*385.333*101.967)
=940.24

JRC Co's Graham Number for the quarter that ended in Feb. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*385.333*82.342)
=844.93

* 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940.24 mean?
JRC Co (TSE:6224) has a Graham Number of 円940.24 as of Feb. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on JRC Co and its competitors. According to the industry distribution chart, JRC Co ranks #916 out of 2215 companies in the Industrial Products industry, placing it in the top 41.4%.
Is JRC Co's Graham Number too high?
JRC Co's current Graham Number is 円940.24. Based on the distribution chart, JRC Co ranks #916 out of 2215 companies in the Industrial Products industry, which is above the industry midpoint. Overall, JRC Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JRC Co's Graham Number compare to GEV and ETN?
According to the Industrial Products industry distribution chart, JRC Co ranks #916 out of 2215 companies for Graham Number. This puts JRC Co in the upper half of its industry. The industry median Graham Number is 1.75. 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 Industrial Products company?
The median Graham Number among Industrial Products companies is 1.75, based on 2,215 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 JRC Co and its competitors. For the Industrial Products industry, the median Graham Number is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JRC Co's current Graham Number is 円940.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JRC Co stock overvalued right now?
Based on GuruFocus' analysis, JRC Co (TSE:6224) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,456.23, compared to a current price of 円1,202.00 — trading 17.5% below its estimated fair value. The current Graham Number is 円940.24. JRC Co's overall GF Score™ is 58/100. 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 JRC Co (TSE:6224), the current Graham Number is 円940.24 as of Feb. 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 JRC Co (TSE:6224) Overvalued in 2026?

Based on GuruFocus' analysis, JRC Co stock appears to be undervalued. The current stock price of 円1,202.00 is trading 17.5% below its estimated GF Value™ of 円1,456.23. GuruFocus considers JRC Co to be Modestly Undervalued.

Key valuation signals for TSE:6224:

  • Graham Number: 円940.24
  • GF Value™: 円1,456.23 vs. price of 円1,202.00 (17.5% below fair value)
  • GF Score™: 58/100

No single metric tells the full story. See the TSE:6224 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JRC Co Business Description

Address 2-1-1 Awaza Nishi-ku, Osaka Honmachi Nishi Daiichi Building 6th floor, Osaka-shi, Osaka, JPN, 550-0011
JRC Co Ltd is engaged in designing, manufacturing, and sales of conveyor parts and automated equipment using robots. It is also engaged in the maintenance and improvement of conveyor equipment.
58GF Score

Get the complete analysis for TSE:6224

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

円1,202.00
Price
円1,456.23
GF Value