Mirai Works (TSE:6563) Graham Number: 円453.90 (As of Mar. 2026) — 14831% Above Median

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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:6563 Mirai Works Inc TSE:6563
87 GF Score
Price 円495.00
GF Value 円1,089.97
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Mirai Works Graham Number?

Mirai Works TSE:6563 -0.80% 87 Graham Number is 円453.90 as of Mar. 2026, which is 100% below its 10-year median of 3.04. GuruFocus rates TSE:6563 with a GF Score™ of 87/100 and a GF Value™ of 円1,089.97 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 701 Business Services companies, Mirai Works ranks better than 55.21% 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 (2026-08-08), the stock price of Mirai Works is 円495.00. Mirai Works's graham number for the quarter that ended in Mar. 2026 was 円453.90. Therefore, Mirai Works's Price to Graham Number ratio for today is 1.09.

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

TSE:6563' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.09   Med: 3.04   Max: 10.71
Current: 1.09

During the past 11 years, the highest Price to Graham Number ratio of Mirai Works was 10.71. The lowest was 1.09. And the median was 3.04.

TSE:6563's Price-to-Graham-Number is ranked better than
55.21% of 701 companies
in the Business Services industry
Industry Median: 1.19 vs TSE:6563: 1.09

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


Mirai Works  (TSE:6563) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=495.00/453.90
=1.09

* 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.


Mirai Works Graham Number Related Terms


Mirai Works Graham Number Historical Data

* Premium members only.

The historical data trend for Mirai Works'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.

Mirai Works Graham Number Chart

Mirai Works Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 343.48 183.45 397.06 541.26 383.22

Mirai Works Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 531.66 371.57 320.14 315.19 453.90

TSE:6563 vs KFY, RHI, TNET: Graham Number Comparison

For the Staffing & Employment Services subindustry, Mirai Works'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.


Mirai Works Price-to-Graham-Number vs Business Services Industry

For the Business Services industry and Industrials sector, Mirai Works's Price-to-Graham-Number distribution charts can be found below:

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


TSE:6563
87GF Score
Mirai Works Inc TSE:6563
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mirai Works Graham Number Calculation

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

Mirai Works's Graham Number for the fiscal year that ended in Sep. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*218.863*29.822)
=383.22

Mirai Works's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*265.259*34.52)
=453.90

* 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453.90 mean?
Mirai Works (TSE:6563) has a Graham Number of 円453.90 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Mirai Works and its competitors. This is 14831% above median its historical median of 3.04. Over the past decade, Mirai Works' Graham Number has ranged from 1.09 to 10.71. According to the industry distribution chart, Mirai Works ranks #314 out of 701 companies in the Business Services industry, placing it in the top 44.8%.
Is Mirai Works' Graham Number too high?
Mirai Works' current Graham Number of 円453.90 is 14831% above median its 10-year median of 3.04. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 10.71. Based on the distribution chart, Mirai Works ranks #314 out of 701 companies in the Business Services industry, which is above the industry midpoint. Overall, Mirai Works has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mirai Works' Graham Number compare to KFY and RHI?
According to the Business Services industry distribution chart, Mirai Works ranks #314 out of 701 companies for Graham Number. This puts Mirai Works in the upper half of its industry. The industry median Graham Number is 1.19. Historically, Mirai Works' own Graham Number has ranged from 1.09 to 10.71 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 a Business Services company?
The median Graham Number among Business Services companies is 1.19, based on 701 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 Mirai Works and its competitors. For the Business Services industry, the median Graham Number is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirai Works's current Graham Number is 円453.90, which is 14831% above median its own 10-year median of 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirai Works stock overvalued right now?
Based on GuruFocus' analysis, Mirai Works (TSE:6563) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,089.97, compared to a current price of 円495.00 — trading 54.6% below its estimated fair value. The current Graham Number is 円453.90, which is 14831% above median its 10-year median of 3.04. Mirai Works' overall GF Score™ is 87/100 with 1 warning sign 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 Mirai Works (TSE:6563), the current Graham Number is 円453.90 as of Mar. 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 Mirai Works (TSE:6563) Overvalued in 2026?

Based on GuruFocus' analysis, Mirai Works stock appears to be undervalued. The current stock price of 円495.00 is trading 54.6% below its estimated GF Value™ of 円1,089.97. GuruFocus considers Mirai Works to be Significantly Undervalued.

Key valuation signals for TSE:6563:

  • Graham Number: 円453.90 (14831% above median its 10-year median of 3.04)
  • GF Value™: 円1,089.97 vs. price of 円495.00 (54.6% below fair value)
  • GF Score™: 87/100 with 1 warning sign

No single metric tells the full story. See the TSE:6563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mirai Works Business Description

Address 4-1-13 Toranomon, 2F Prime Terrace Kamiyacho, Minato-ku, Tokyo, JPN, 105-0001
Mirai Works Inc is a Japanese company engaged in providing procurement support for human resources.
87GF Score

Get the complete analysis for TSE:6563

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

円495.00
Price
円1,089.97
GF Value