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Shibaura MechatronicsTSE:6590 -0.25%85 Graham Number is 円1,801.92 as of Mar. 2026, which is 100% below its 10-year median of 0.86. GuruFocus rates TSE:6590 with a GF Score™ of 85/100 and a GF Value™ of 円2,318.75 (Significantly Overvalued). Among 1,649 Hardware companies, Shibaura Mechatronics ranks worse than 62.46% 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 Shibaura Mechatronics is 円4030.00. Shibaura Mechatronics's graham number for the quarter that ended in Mar. 2026 was 円1,801.92. Therefore, Shibaura Mechatronics's Price to Graham Number ratio for today is 2.34.
The historical rank and industry rank for Shibaura Mechatronics's Graham Number or its related term are showing as below:
TSE:6590'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.37 Med: 0.86 Max: 2.38
Current: 2.38
During the past 13 years, the highest Price to Graham Number ratio of Shibaura Mechatronics was 2.38. The lowest was 0.37. And the median was 0.86.
TSE:6590's Price-to-Graham-Number is ranked worse than 62.46% of 1649
companies
in the Hardware industry
Industry Median: 1.78
vs TSE:6590: 2.38
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Shibaura Mechatronics (TSE:6590) 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.
Shibaura Mechatronics's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
4030.00
/
1,724.69
=
2.34
* 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.
Shibaura Mechatronics Graham Number Related Terms
Shibaura Mechatronics Graham Number Historical Data
* Premium members only.
The historical data trend for Shibaura Mechatronics'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:6590 vs APH, GLW, TEL: Graham Number Comparison
For the Electronic Components subindustry, Shibaura Mechatronics'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.
Shibaura Mechatronics Price-to-Graham-Number vs Hardware Industry
For the Hardware industry and Technology sector, Shibaura Mechatronics's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Shibaura Mechatronics'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.
Shibaura Mechatronics (TSE:6590) has a Graham Number of 円1,801.92 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Shibaura Mechatronics and its competitors. This is 209426% above median its historical median of 0.86. Over the past decade, Shibaura Mechatronics' Graham Number has ranged from 0.37 to 2.38. According to the industry distribution chart, Shibaura Mechatronics ranks #1030 out of 1649 companies in the Hardware industry, placing it in the top 62.5%.
Is Shibaura Mechatronics' Graham Number too high?
Shibaura Mechatronics' current Graham Number of 円1,801.92 is 209426% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 2.38. Based on the distribution chart, Shibaura Mechatronics ranks #1030 out of 1649 companies in the Hardware industry, which is below the industry midpoint. Overall, Shibaura Mechatronics has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shibaura Mechatronics' Graham Number compare to APH and GLW?
According to the Hardware industry distribution chart, Shibaura Mechatronics ranks #1030 out of 1649 companies for Graham Number. This places Shibaura Mechatronics in the lower half of its industry. The industry median Graham Number is 1.78. Historically, Shibaura Mechatronics' own Graham Number has ranged from 0.37 to 2.38 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 Hardware company?
The median Graham Number among Hardware companies is 1.78, based on 1,649 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 Shibaura Mechatronics and its competitors. For the Hardware industry, the median Graham Number is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shibaura Mechatronics's current Graham Number is 円1,801.92, which is 209426% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shibaura Mechatronics stock overvalued right now?
Based on GuruFocus' analysis, Shibaura Mechatronics (TSE:6590) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,318.75, compared to a current price of 円4,030.00 — trading 73.8% above its estimated fair value. The current Graham Number is 円1,801.92, which is 209426% above median its 10-year median of 0.86. Shibaura Mechatronics' overall GF Score™ is 85/100. 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 Shibaura Mechatronics (TSE:6590), the current Graham Number is 円1,801.92 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 Shibaura Mechatronics (TSE:6590) Overvalued in 2026?
Based on GuruFocus' analysis, Shibaura Mechatronics stock appears to be overvalued.
The current stock price of 円4,030.00 is trading 73.8% above its estimated GF Value™ of 円2,318.75.
GuruFocus considers Shibaura Mechatronics to be Significantly Overvalued.
Key valuation signals for TSE:6590:
Graham Number: 円1,801.92 (209426% above median its 10-year median of 0.86)
GF Value™: 円2,318.75 vs. price of 円4,030.00 (73.8% above fair value)
No single metric tells the full story. See the TSE:6590 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shibaura Mechatronics Corp is engaged in the manufacturing and sales of semiconductor manufacturing equipment, FPD manufacturing equipment, vacuum equipment, laser equipment, and ticket vending machines, as well as providing maintenance services and maintaining and upkeeping factory buildings and other facilities. The group's reportable segments are Fine Mechatronics, Mechatronics Systems, Distribution Equipment Systems, and Real Estate Leasing. The majority of its revenue is generated from the Fine Mechatronics segment, which manufactures semiconductor manufacturing equipment, FPD manufacturing equipment, inkjet tablet printing equipment, laser application equipment, microwave application equipment, vacuum pumps, etc.
85GF Score
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