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RORZETSE:6323 -3.25%93 Graham Number is 円1,472.40 as of Feb. 2026. GuruFocus rates TSE:6323 with a GF Score™ of 93/100 and a GF Value™ of 円2,383.68 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 692 Semiconductors companies, RORZE ranks worse than 50.29% 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 (2026-09-02), the stock price of RORZE is 円3931.00. RORZE's graham number for the quarter that ended in Feb. 2026 was 円1,472.40. Therefore, RORZE's Price to Graham Number ratio for today is 2.50.
The historical rank and industry rank for RORZE's Graham Number or its related term are showing as below:
TSE:6323'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.61 Med: 1.36 Max: 2.77
Current: 2.43
During the past 13 years, the highest Price to Graham Number ratio of RORZE was 2.77. The lowest was 0.61. And the median was 1.36.
TSE:6323's Price-to-Graham-Number is ranked worse than 50.29% of 692
companies
in the Semiconductors industry
Industry Median: 2.495
vs TSE:6323: 2.43
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
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.
RORZE's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Feb. 2026 )
=
3931.00
/
1,569.81
=
2.50
* 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.
RORZE Graham Number Related Terms
RORZE Graham Number Historical Data
* Premium members only.
The historical data trend for RORZE'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.
TSE:6323 vs LRCX, AMAT, KLAC: Graham Number Comparison
For the Semiconductor Equipment & Materials subindustry, RORZE'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.
RORZE Price-to-Graham-Number vs Semiconductors Industry
For the Semiconductors industry and Technology sector, RORZE's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where RORZE's Price-to-Graham-Number falls into.
* 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.
RORZE (TSE:6323) has a Graham Number of 円1,472.40 as of Feb. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on RORZE and its competitors. According to the industry distribution chart, RORZE ranks #348 out of 692 companies in the Semiconductors industry, placing it in the top 50.3%.
Is RORZE's Graham Number too high?
RORZE's current Graham Number is 円1,472.40. Based on the distribution chart, RORZE ranks #348 out of 692 companies in the Semiconductors industry, which is below the industry midpoint. Overall, RORZE has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RORZE's Graham Number compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, RORZE ranks #348 out of 692 companies for Graham Number. This places RORZE in the lower half of its industry. The industry median Graham Number is 2.50. 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 Semiconductors company?
The median Graham Number among Semiconductors companies is 2.50, based on 692 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 RORZE and its competitors. For the Semiconductors industry, the median Graham Number is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RORZE's current Graham Number is 円1,472.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RORZE stock overvalued right now?
Based on GuruFocus' analysis, RORZE (TSE:6323) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,383.68, compared to a current price of 円3,931.00 — trading 64.9% above its estimated fair value. The current Graham Number is 円1,472.40. RORZE's overall GF Score™ is 93/100 with 2 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 RORZE (TSE:6323), the current Graham Number is 円1,472.40 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 RORZE (TSE:6323) Overvalued in 2026?
Based on GuruFocus' analysis, RORZE stock appears to be overvalued.
The current stock price of 円3,931.00 is trading 64.9% above its estimated GF Value™ of 円2,383.68.
GuruFocus considers RORZE to be Significantly Overvalued.
Key valuation signals for TSE:6323:
Graham Number: 円1,472.40
GF Value™: 円2,383.68 vs. price of 円3,931.00 (64.9% above fair value)
No single metric tells the full story. See the TSE:6323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RORZE Corp is engaged in development, design, manufacturing, and sales of automation system for semiconductor/FPD production. Its semiconductor automation product generates more revenue. It also has products like Atmospheric robot, vacuum water robot, Mask handling system, control device.
93GF Score
Get the complete analysis for TSE:6323
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