IDEC (TSE:6652) Graham Number: 円2,135.98 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:6652 IDEC Corp TSE:6652
86 GF Score
Price 円3,500.00
GF Value 円2,903.87
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is IDEC Graham Number?

IDEC TSE:6652 -1.27% 86 Graham Number is 円2,135.98 as of Mar. 2026. GuruFocus rates TSE:6652 with a GF Score™ of 86/100 and a GF Value™ of 円2,903.87 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,238 Industrial Products companies, IDEC ranks better than 62.73% 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 (2026-08-30), the stock price of IDEC is 円3500.00. IDEC's graham number for the quarter that ended in Mar. 2026 was 円2,135.98. Therefore, IDEC's Price to Graham Number ratio for today is 1.41.

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

TSE:6652' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.75   Med: 1.48   Max: 2.12
Current: 1.35

During the past 13 years, the highest Price to Graham Number ratio of IDEC was 2.12. The lowest was 0.75. And the median was 1.48.

TSE:6652's Price-to-Graham-Number is ranked better than
62.73% of 2238 companies
in the Industrial Products industry
Industry Median: 1.76 vs TSE:6652: 1.35

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


IDEC  (TSE:6652) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=3500.00/2,484.52
=1.41

* 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.


IDEC Graham Number Related Terms


IDEC Graham Number Historical Data

* Premium members only.

The historical data trend for IDEC'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.

IDEC Graham Number Chart

IDEC Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,220.68 2,241.77 3,112.35 2,265.50 1,380.80

IDEC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,369.19 1,719.01 1,911.34 2,135.98 2,599.28

TSE:6652 vs VRT, BE: Graham Number Comparison

For the Electrical Equipment & Parts subindustry, IDEC'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.


IDEC Price-to-Graham-Number vs Industrial Products Industry

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

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


TSE:6652
86GF Score
IDEC Corp TSE:6652
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IDEC Graham Number Calculation

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

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

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1327.863*63.815)
=1,380.80

IDEC'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*1495.025*183.507)
=2,484.52

* 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2,135.98 mean?
IDEC (TSE:6652) has a Graham Number of 円2,135.98 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on IDEC and its competitors. According to the industry distribution chart, IDEC ranks #834 out of 2238 companies in the Industrial Products industry, placing it in the top 37.3%.
Is IDEC's Graham Number too high?
IDEC's current Graham Number is 円2,135.98. Based on the distribution chart, IDEC ranks #834 out of 2238 companies in the Industrial Products industry, which is above the industry midpoint. Overall, IDEC has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IDEC's Graham Number compare to VRT and BE?
According to the Industrial Products industry distribution chart, IDEC ranks #834 out of 2238 companies for Graham Number. This puts IDEC in the upper half of its industry. The industry median Graham Number is 1.76. 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 1.76, based on 2,238 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 IDEC and its competitors. For the Industrial Products industry, the median Graham Number is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IDEC's current Graham Number is 円2,135.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDEC stock overvalued right now?
Based on GuruFocus' analysis, IDEC (TSE:6652) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,903.87, compared to a current price of 円3,500.00 — trading 20.5% above its estimated fair value. The current Graham Number is 円2,135.98. IDEC's overall GF Score™ is 86/100 with 6 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 IDEC (TSE:6652), the current Graham Number is 円2,135.98 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 IDEC (TSE:6652) Overvalued in 2026?

Based on GuruFocus' analysis, IDEC stock appears to be overvalued. The current stock price of 円3,500.00 is trading 20.5% above its estimated GF Value™ of 円2,903.87. GuruFocus considers IDEC to be Modestly Overvalued.

Key valuation signals for TSE:6652:

  • Graham Number: 円2,135.98
  • GF Value™: 円2,903.87 vs. price of 円3,500.00 (20.5% above fair value)
  • GF Score™: 86/100 with 6 warning signs

No single metric tells the full story. See the TSE:6652 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IDEC Business Description

Address 1-7-31 Nishi-Miyahama, Yodogawa-ku, Osaka, JPN, 532-8550
IDEC Corp manufactures and sells equipment. The company's product and services include automation, safety, environment, agriculture, research and technology, product assurance system, and earth preservation. In addition, it also develops and manufactures safety-related products such as safety switches and the emergency stop pushbutton switches and many more.
86GF Score

Get the complete analysis for TSE:6652

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

円3,500.00
Price
円2,903.87
GF Value